THE GREEN BAG INC

EIN: 311563469 501(c)(3) Social Science

WASHINGTON, DC

Total Revenue
$77,667
Total Expenses
$67,317
Total Assets
$94,784
Net Assets
$94,784
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
OH
Principal Officer
ROSS DAVIES
Phone
2012857136
Tax Period
2021-01-01 to 2021-12-31

THE GREEN BAG INC, founded in 1997, is a micro nonprofit in the Social Science sector that reported $78K in total revenue in fiscal year 2021. Revenue decreased 6% compared to the prior year. Expenses of $67K left a modest 13% surplus.

Mission

THE GREENBAG PUBLISHES A READABLE, ENJOYABLE, USEFUL LAW JOURNAL TO MAKE THE WORK PRODUCT OF THE LEGAL ACADEMY MORE ACCESSIBLE AND USEFUL TO LAW PRACTITIONERS, JUDGES, POLICY MAKERS, STUDENTS AND SCHOLARS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $74,050
Investment Income $0
Other Revenue $3,617
TOTAL REVENUE $77,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,268
Other Expenses $67,317
TOTAL EXPENSES $67,317

Year-over-Year Comparison

2021 2020 Change
Revenue $77,667 $82,893 -0.1%
Expenses $67,317 $59,025 +0.1%
Net Income $10,350 $23,868 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BARKER SECRETARY/TR 2.00
Officer
$0 $0 $0
JOHN BRICE VICE PRESIDE 2.00
Officer
$0 $0 $0
ROSS DAVIES PRESIDENT 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $77,667 $67,317 $94,784 $10,350
2020 $82,893 $59,025 $84,434 $23,868
2019 $72,436 $79,789 $60,566 $-7,353
2018 $103,486 $94,647 $67,919 $8,839
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