Greystone Social Club
EIN: 50152200 · N Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $255K |
| Net Assets | $109K |
Is Greystone Social Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greystone Social Club
Greystone Social Club (EIN: 50152200) is a nonprofit organization based in N Providence, RI. The organization reported total revenue of $246K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greystone Social Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greystone Social Club is a small nonprofit that has been operating for 85 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $255K |
| Surplus / Deficit | $-11,207 |
| Total Assets | $111K |
| Total Liabilities | $3K |
| Net Assets | $109K |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2024, Greystone Social Club reported a deficit of $11K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Greystone Social Club's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.4% | +4.0% | -8.7% |
| 2023 | +11.4% | +12.3% | -9.0% |
| 2022 | +25.0% | +23.0% | -5.9% |
| 2021 | +4.6% | +10.7% | -5.6% |
| 2020 | -12.2% | -14.3% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greystone Social Club 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 Greystone Social Club 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Greystone Social Club
Is Greystone Social Club a legitimate charity?
Greystone Social Club (EIN: 50152200) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $246K. No red flags identified. Financial health grade: B.
How does Greystone Social Club spend its money?
Greystone Social Club reported $246K 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 Greystone Social Club tax-deductible?
Greystone Social Club is registered as a tax-exempt nonprofit (EIN: 50152200). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greystone Social Club located?
Greystone Social Club is headquartered in N Providence, Rhode Island and files with the IRS under EIN 50152200.
How many years of IRS 990 filings does Greystone Social Club have?
Greystone Social Club 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 $246K in total revenue.
Filing History
IRS 990 filing history for Greystone Social Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Greystone Social Club's revenue has grown by 9%, moving from $224K to $244K. Total assets decreased by 23.7% over the same period, from $146K to $111K. Total functional expenses rose by 6.9%, from $239K to $255K. In its most recent filing year (2024), Greystone Social Club reported a deficit of $11K, with expenses exceeding revenue. The organization holds $3K in liabilities against $111K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $244K | $255K | $111K | $3K | — | — |
| 2023 | $234K | $245K | $122K | $2K | — | View 990 |
| 2022 | $210K | $218K | $134K | $2K | — | View 990 |
| 2021 | $168K | $178K | $142K | $2K | — | View 990 |
| 2020 | $161K | $160K | $151K | $1K | — | View 990 |
| 2019 | $183K | $187K | $152K | $2K | — | View 990 |
| 2018 | $196K | $200K | $156K | $2K | — | View 990 |
| 2017 | $181K | $183K | $159K | $2K | — | View 990 |
| 2016 | $179K | $177K | $162K | $3K | — | View 990 |
| 2015 | $190K | $195K | $159K | $2K | — | View 990 |
| 2014 | $183K | $189K | $165K | $2K | — | View 990 |
| 2013 | $232K | $205K | $171K | $2K | — | View 990 |
| 2012 | $224K | $239K | $146K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $244K, expenses of $255K, and assets of $111K (revenue +4.4% year-over-year).
- 2023: Revenue of $234K, expenses of $245K, and assets of $122K (revenue +11.4% year-over-year).
- 2022: Revenue of $210K, expenses of $218K, and assets of $134K (revenue +25.0% year-over-year).
- 2021: Revenue of $168K, expenses of $178K, and assets of $142K (revenue +4.6% year-over-year).
- 2020: Revenue of $161K, expenses of $160K, and assets of $151K (revenue -12.2% year-over-year).
- 2019: Revenue of $183K, expenses of $187K, and assets of $152K (revenue -7.0% year-over-year).
- 2018: Revenue of $196K, expenses of $200K, and assets of $156K (revenue +8.8% year-over-year).
- 2017: Revenue of $181K, expenses of $183K, and assets of $159K (revenue +0.8% year-over-year).
- 2016: Revenue of $179K, expenses of $177K, and assets of $162K (revenue -5.6% year-over-year).
- 2015: Revenue of $190K, expenses of $195K, and assets of $159K (revenue +3.7% year-over-year).
- 2014: Revenue of $183K, expenses of $189K, and assets of $165K (revenue -21.0% year-over-year).
- 2013: Revenue of $232K, expenses of $205K, and assets of $171K (revenue +3.5% year-over-year).
- 2012: Revenue of $224K, expenses of $239K, and assets of $146K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greystone Social Club:
Data Sources and Methodology
This transparency report for Greystone Social Club 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.