Greenhope Services for Women Inc
Nonprofit profile at a glance
- EIN
- 132813350
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 3476493083
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Prison Alternatives
Reported finances
- Revenue
- $4,348,681
- Expenses
- $4,301,103
- Assets
- $13,324,848
- Liabilities
- $18,788,532
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- RAUL RUSSI (PRESIDENT)
- LYMARIS ALBORS (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- RAUL RUSSI (PRESIDENT): $998,427 total reported compensation
- LYMARIS ALBORS (CHIEF EXECUTIVE OFFICER): $892,752 total reported compensation
- JOSE A RODRIGUEZ (CHIEF LEGAL OFFICER): $592,593 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Greenhope services for women, inc. Is organized exclusively for the public and charitable purpose of providing intensive and short-term program of services to women offenders both those who have been released from New York city and state correctional facilities as well as those who have been diverted to the program by the courts in order to ease their transition into society.
What it reported doing in 2024
The residential substance use disorder treatment program serves women on parole, women referred as an alternative to incarceration and women from the community requiring substance abuse services. Clients reside at the program anywhere from six months to one year. Greenhope intervenes at a critical point in their lives addressing substance abuse, criminal justice concerns and other clinical issues helping them to make the transition to self-sufficiently and independent living upon successful completion of the residential component.clients are considered to attend aftercare services for six months.
Operating model
- Revenue model
- Grant-funded. 70% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.6%; rating input score 92
- Program expense ratio: 92.6%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.1%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 3.1; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 1.41; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 8.4%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 91.6% of revenue deployed · 92.6% of spending went to programs
- Governance: 4 of 4 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $4M in reported program spending
- Leadership: top reported pay $998K · 9 people listed · 3 of 6 pay-setting controls reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 118 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.