Greenwood House Healthcare And Homemaker Program Inc
EIN: 223536265 · Ewing Township, NJ · NTEE: E99Z
| Metric | Value |
|---|---|
| Total Revenue | $648K |
| Total Expenses | $731K |
| Net Assets | $-111,121 |
Is Greenwood House Healthcare And Homemaker Program Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greenwood House Healthcare And Homemaker Program Inc
Greenwood House Healthcare And Homemaker Program Inc (EIN: 223536265) is a nonprofit organization based in Ewing Township, NJ, classified under NTEE code E99Z. The organization reported total revenue of $648K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenwood House Healthcare And Homemaker Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenwood House Healthcare And Homemaker Program Inc is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $604K |
| Total Expenses | $731K |
| Surplus / Deficit | $-126,926 |
| Total Assets | $97K |
| Total Liabilities | $208K |
| Net Assets | $-111,121 |
| Operating Margin | -21.0% |
| Debt-to-Asset Ratio | 214.4% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2023, Greenwood House Healthcare And Homemaker Program Inc reported a deficit of $127K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 214.4% (high leverage).
Financial Trends
Over 13 years of filings (2012–2023), Greenwood House Healthcare And Homemaker Program Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.5% | -14.3% | -41.9% |
| 2022 | -32.0% | -7.0% | -56.5% |
| 2021 | -18.0% | -16.6% | +36.5% |
| 2020 | -0.1% | -16.6% | +11.2% |
| 2019 | -22.3% | -9.7% | -39.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greenwood House Healthcare And Homemaker Program Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greenwood House Healthcare And Homemaker Program Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $127K, with expenses exceeding revenue.
- Debt-to-asset ratio: 214.4%.
Frequently Asked Questions about Greenwood House Healthcare And Homemaker Program Inc
Is Greenwood House Healthcare And Homemaker Program Inc a legitimate charity?
Greenwood House Healthcare And Homemaker Program Inc (EIN: 223536265) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $648K. No red flags identified. Financial health grade: D.
How does Greenwood House Healthcare And Homemaker Program Inc spend its money?
Greenwood House Healthcare And Homemaker Program Inc reported $648K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Greenwood House Healthcare And Homemaker Program Inc tax-deductible?
Greenwood House Healthcare And Homemaker Program Inc is registered as a tax-exempt nonprofit (EIN: 223536265). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greenwood House Healthcare And Homemaker Program Inc located?
Greenwood House Healthcare And Homemaker Program Inc is headquartered in Ewing Township, New Jersey and files with the IRS under EIN 223536265. It is classified under NTEE code E99Z.
How many years of IRS 990 filings does Greenwood House Healthcare And Homemaker Program Inc have?
Greenwood House Healthcare And Homemaker Program Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $648K in total revenue.
Filing History
IRS 990 filing history for Greenwood House Healthcare And Homemaker Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Greenwood House Healthcare And Homemaker Program Inc's revenue has declined by 22.3%, moving from $777K to $604K. Total assets decreased by 40.8% over the same period, from $164K to $97K. Total functional expenses rose by 0.4%, from $728K to $731K. In its most recent filing year (2023), Greenwood House Healthcare And Homemaker Program Inc reported a deficit of $127K, with expenses exceeding revenue. The organization holds $208K in liabilities against $97K in assets (debt-to-asset ratio: 214.4%), resulting in net assets of $-111,121.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $604K | $731K | $97K | $208K | — | — |
| 2022 | $640K | $854K | $167K | $143K | — | View 990 |
| 2021 | $940K | $918K | $385K | $150K | — | — |
| 2020 | $1.1M | $1.1M | $282K | $70K | — | View 990 |
| 2019 | $1.1M | $1.3M | $253K | $88K | — | View 990 |
| 2018 | $1.5M | $1.5M | $417K | $80K | — | View 990 |
| 2017 | $1.4M | $1.2M | $380K | $60K | — | View 990 |
| 2016 | $1.4M | $1.3M | $218K | $79K | — | View 990 |
| 2015 | $1.3M | $1.2M | $175K | $80K | — | View 990 |
| 2014 | $1.4M | $1.5M | $174K | $117K | — | View 990 |
| 2013 | $1.3M | $1.4M | $224K | $93K | — | View 990 |
| 2012 | $562K | $461K | $285K | $75K | — | View 990 |
| 2012 | $777K | $728K | $164K | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $604K, expenses of $731K, and assets of $97K (revenue -5.5% year-over-year).
- 2022: Revenue of $640K, expenses of $854K, and assets of $167K (revenue -32.0% year-over-year).
- 2021: Revenue of $940K, expenses of $918K, and assets of $385K (revenue -18.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $282K (revenue -0.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.3M, and assets of $253K (revenue -22.3% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $417K (revenue +7.9% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $380K (revenue +0.9% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $218K (revenue +5.9% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $175K (revenue -7.8% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $174K (revenue +4.1% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $224K (revenue +138.1% year-over-year).
- 2012: Revenue of $562K, expenses of $461K, and assets of $285K (revenue -27.7% year-over-year).
- 2012: Revenue of $777K, expenses of $728K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenwood House Healthcare And Homemaker Program Inc:
Data Sources and Methodology
This transparency report for Greenwood House Healthcare And Homemaker Program Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.