Greyhound Crossroads
Greyhound Crossroads faces significant revenue decline and sustained operating deficits.
EIN: 201294623 · Greenwood, SC · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $18K |
| Program Spending | 85% |
| Net Assets | $28K |
| Transparency Score | 70/100 |
Is Greyhound Crossroads Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greyhound Crossroads directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greyhound Crossroads
Greyhound Crossroads (EIN: 201294623) is a nonprofit organization based in Greenwood, SC, classified under NTEE code D20. The organization reported total revenue of $30K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greyhound Crossroads's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greyhound Crossroads is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -22.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $18K |
| Surplus / Deficit | $-14,768 |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | -531.2% |
| Months of Reserves | 19.3 months |
Financial Health Grade: B
In 2023, Greyhound Crossroads reported a deficit of $15K with expenses exceeding revenue, holds 19.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Greyhound Crossroads's revenue has declined at a compound annual growth rate (CAGR) of -22.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -71.4% | -9.8% | -34.4% |
| 2022 | -81.6% | -55.5% | -18.5% |
| 2021 | -40.1% | -57.2% | +20.4% |
| 2020 | +10.2% | +41.9% | -24.6% |
| 2019 | -20.7% | -5.3% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greyhound Crossroads with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Greyhound Crossroads allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Executive Compensation Analysis
Greyhound Crossroads reports 0% officer compensation across all available filings, indicating a volunteer-led organization. This is highly efficient for a small nonprofit, as it directs all funds towards its mission rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Greyhound Crossroads's IRS 990 filings:
- Significant and sustained operating deficits in recent years (2023: $14,768 deficit; 2022: $9,727 deficit).
- Sharp decline in revenue from $52,678 in 2021 to $2,780 in 2023, raising concerns about fundraising capacity.
- Decreasing net assets from $52,682 in 2021 to $28,185 in 2023, indicating an erosion of financial reserves.
Strengths
The following positive indicators were identified for Greyhound Crossroads:
- 100% of officer compensation reported as $0 across all filings, indicating a volunteer-driven model and high efficiency in executive costs.
- Consistent IRS 990 filing history (12 filings), demonstrating good transparency and compliance.
- No reported liabilities, suggesting responsible financial management regarding debt.
Frequently Asked Questions about Greyhound Crossroads
Is Greyhound Crossroads a legitimate charity?
Based on AI analysis of IRS 990 filings, Greyhound Crossroads (EIN: 201294623) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Greyhound Crossroads spend its money?
Greyhound Crossroads directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greyhound Crossroads tax-deductible?
Greyhound Crossroads is registered as a tax-exempt nonprofit (EIN: 201294623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greyhound Crossroads's spending goes to programs?
Greyhound Crossroads directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greyhound Crossroads compare to similar nonprofits?
With a transparency score of 70/100 (Good), Greyhound Crossroads is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greyhound Crossroads located?
Greyhound Crossroads is headquartered in Greenwood, South Carolina and files with the IRS under EIN 201294623. It is classified under NTEE code D20.
How many years of IRS 990 filings does Greyhound Crossroads have?
Greyhound Crossroads has 12 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 $30K in total revenue.
Is Greyhound Crossroads financially stable?
Based on the last two years of filings (2023 and 2022), Greyhound Crossroads is not financially stable, as expenses ($17,548 and $19,445 respectively) significantly exceeded revenue ($2,780 and $9,718 respectively). This trend has led to a decrease in assets.
What caused the sharp decline in revenue from 2021 to 2023?
The provided data does not specify the exact causes for the revenue decline from $52,678 in 2021 to $2,780 in 2023. Further investigation into their fundraising activities or changes in donor base would be needed.
How does Greyhound Crossroads manage without paid officers?
The consistent reporting of 0% officer compensation suggests that Greyhound Crossroads is primarily run by volunteers. This model can be very efficient for small organizations but relies heavily on dedicated volunteer support for operations and fundraising.
Filing History
IRS 990 filing history for Greyhound Crossroads showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Greyhound Crossroads's revenue has declined by 93.8%, moving from $45K to $3K. Total assets increased by 300.8% over the same period, from $7K to $28K. Total functional expenses fell by 62.3%, from $47K to $18K. In its most recent filing year (2023), Greyhound Crossroads reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $18K | $28K | $0 | — | — |
| 2022 | $10K | $19K | $43K | $0 | — | View 990 |
| 2021 | $53K | $44K | $53K | $0 | — | — |
| 2020 | $88K | $102K | $44K | $0 | — | — |
| 2019 | $80K | $72K | $58K | $0 | — | View 990 |
| 2018 | $101K | $76K | $50K | $0 | — | View 990 |
| 2017 | $68K | $66K | $26K | $0 | — | — |
| 2016 | $65K | $58K | $24K | $0 | — | View 990 |
| 2015 | $71K | $66K | $17K | $0 | — | View 990 |
| 2014 | $52K | $54K | $12K | $0 | — | View 990 |
| 2013 | $61K | $55K | $13K | $0 | — | View 990 |
| 2012 | $45K | $47K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $18K, and assets of $28K (revenue -71.4% year-over-year).
- 2022: Revenue of $10K, expenses of $19K, and assets of $43K (revenue -81.6% year-over-year).
- 2021: Revenue of $53K, expenses of $44K, and assets of $53K (revenue -40.1% year-over-year).
- 2020: Revenue of $88K, expenses of $102K, and assets of $44K (revenue +10.2% year-over-year).
- 2019: Revenue of $80K, expenses of $72K, and assets of $58K (revenue -20.7% year-over-year).
- 2018: Revenue of $101K, expenses of $76K, and assets of $50K (revenue +48.8% year-over-year).
- 2017: Revenue of $68K, expenses of $66K, and assets of $26K (revenue +3.5% year-over-year).
- 2016: Revenue of $65K, expenses of $58K, and assets of $24K (revenue -7.6% year-over-year).
- 2015: Revenue of $71K, expenses of $66K, and assets of $17K (revenue +34.9% year-over-year).
- 2014: Revenue of $52K, expenses of $54K, and assets of $12K (revenue -14.0% year-over-year).
- 2013: Revenue of $61K, expenses of $55K, and assets of $13K (revenue +35.9% year-over-year).
- 2012: Revenue of $45K, expenses of $47K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greyhound Crossroads:
Data Sources and Methodology
This transparency report for Greyhound Crossroads 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.