The Greene School
Nonprofit profile at a glance
- EIN
- 261420281
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-N 2007
- Location
- West Greenwich, RI, USA
- Phone
- 4013978600
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $4,165,475
- Expenses
- $4,327,800
- Assets
- $4,605,498
- Liabilities
- $2,634,652
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- AMY PRATT (PRESIDENT & FOUNDER)
- MARY JANE SORRENTINO (VICE PRESIDENT)
Highest reported compensation
- JOSHUA LAPLANTE (HEAD OF SCHOOL through July 2024): $106,424 total reported compensation
- KERRY E TUTTLEBEE (HEAD OF SCHOOL start August 2024): $64,008 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the greene school is to organize, operate and promote a not-for-profit educational institution in western Rhode Island that shall emcompass a charter and/or independent school and that shall be at all times operated in accordance with and for the educational scientific, and charitable purposes provided in the u.s. IRS code 501(c)(3).
What it reported doing in 2024
Organizes, operates and promotes a not-for-profit educational institution for grades 9 - 12 that explores the interdependence of human and natural systems through a rigorous pre-college curriculum.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 92
- Accountability: 79
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.2%; rating input score 90
- Program expense ratio: 86.8%; rating input score 87
- Fundraising efficiency: $18.52 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.9%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.57; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 14.4% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 90.2% of revenue deployed · 86.8% of spending went to programs
- Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $3.8M in reported program spending
- Leadership: top reported pay $106K · 12 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 57/100.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.