The Green Door Initiative
EIN: 273467703 · Detroit, MI · NTEE: C015
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Net Assets | $338K |
Is The Green Door Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Green Door Initiative
The Green Door Initiative (EIN: 273467703) is a nonprofit organization based in Detroit, MI, classified under NTEE code C015. The organization reported total revenue of $1.9M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Green Door Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Green Door Initiative is a mid-size nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-448,398 |
| Total Assets | $537K |
| Total Liabilities | $199K |
| Net Assets | $338K |
| Operating Margin | -36.3% |
| Debt-to-Asset Ratio | 37.0% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, The Green Door Initiative reported a deficit of $448K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 37.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), The Green Door Initiative's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.3% | +112.1% | -28.6% |
| 2022 | +168.5% | +90.5% | +490.9% |
| 2021 | +136.4% | +123.2% | +186.2% |
| 2020 | +5.3% | -4.2% | +143.1% |
| 2019 | +8.5% | +10.7% | +111.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Green Door Initiative 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 The Green Door Initiative 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 $448K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.0%.
Frequently Asked Questions about The Green Door Initiative
Is The Green Door Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, The Green Door Initiative (EIN: 273467703) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Green Door Initiative spend its money?
Detailed spending breakdown data is not yet available for The Green Door Initiative. Check back for updated IRS 990 analysis.
Are donations to The Green Door Initiative tax-deductible?
The Green Door Initiative is registered as a tax-exempt nonprofit (EIN: 273467703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Green Door Initiative located?
The Green Door Initiative is headquartered in Detroit, Michigan and files with the IRS under EIN 273467703. It is classified under NTEE code C015.
How many years of IRS 990 filings does The Green Door Initiative have?
The Green Door Initiative has 14 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for The Green Door Initiative showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), The Green Door Initiative's revenue has grown by 390.5%, moving from $252K to $1.2M. Total assets increased by 958.1% over the same period, from $51K to $537K. Total functional expenses rose by 644.7%, from $226K to $1.7M. In its most recent filing year (2023), The Green Door Initiative reported a deficit of $448K, with expenses exceeding revenue. The organization holds $199K in liabilities against $537K in assets (debt-to-asset ratio: 37.0%), resulting in net assets of $338K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.7M | $537K | $199K | — | — |
| 2022 | $1.4M | $794K | $752K | $7K | — | View 990 |
| 2021 | $519K | $417K | $127K | $13K | — | View 990 |
| 2020 | $220K | $187K | $44K | $33K | — | View 990 |
| 2019 | $208K | $195K | $18K | $39K | — | View 990 |
| 2018 | $192K | $176K | $9K | $43K | — | View 990 |
| 2017 | $288K | $340K | $43K | $80K | — | View 990 |
| 2016 | $330K | $275K | $79K | $53K | — | View 990 |
| 2015 | $176K | $170K | $5K | $34K | — | View 990 |
| 2014 | $240K | $241K | $11K | $46K | — | — |
| 2013 | $179K | $176K | $6K | $40K | — | View 990 |
| 2012 | $270K | $322K | $9K | $36K | — | View 990 |
| 2011 | $252K | $226K | $51K | $25K | — | View 990 |
| 2010 | $252K | $226K | $51K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.7M, and assets of $537K (revenue -11.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $794K, and assets of $752K (revenue +168.5% year-over-year).
- 2021: Revenue of $519K, expenses of $417K, and assets of $127K (revenue +136.4% year-over-year).
- 2020: Revenue of $220K, expenses of $187K, and assets of $44K (revenue +5.3% year-over-year).
- 2019: Revenue of $208K, expenses of $195K, and assets of $18K (revenue +8.5% year-over-year).
- 2018: Revenue of $192K, expenses of $176K, and assets of $9K (revenue -33.4% year-over-year).
- 2017: Revenue of $288K, expenses of $340K, and assets of $43K (revenue -12.5% year-over-year).
- 2016: Revenue of $330K, expenses of $275K, and assets of $79K (revenue +87.0% year-over-year).
- 2015: Revenue of $176K, expenses of $170K, and assets of $5K (revenue -26.6% year-over-year).
- 2014: Revenue of $240K, expenses of $241K, and assets of $11K (revenue +34.2% year-over-year).
- 2013: Revenue of $179K, expenses of $176K, and assets of $6K (revenue -33.7% year-over-year).
- 2012: Revenue of $270K, expenses of $322K, and assets of $9K (revenue +7.1% year-over-year).
- 2011: Revenue of $252K, expenses of $226K, and assets of $51K (revenue +0.0% year-over-year).
- 2010: Revenue of $252K, expenses of $226K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Green Door Initiative:
Data Sources and Methodology
This transparency report for The Green Door Initiative 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.