GREEN TREE CHARITY A NJ NONPROFIT CORP

EIN: 454612750 501(c)(3) Human Services

BRONX, NY

Total Revenue
$324,975
Total Expenses
$240,944
Total Assets
$206,193
Net Assets
$204,778
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NJ
Principal Officer
SERGE LAZAREV
Phone
3472624777
Tax Period
2024-01-01 to 2024-12-31

GREEN TREE CHARITY A NJ NONPROFIT CORP, founded in 2012, is a small nonprofit in the Human Services sector that reported $325K in total revenue in fiscal year 2024. The organization ran a surplus of $84K, a strong 26% operating margin.

Mission

GREEN TREE CHARITY WAS FORMED TO RECYCLE UNWANTED TEXTILES MATERIALS INCLUDING CLOTHING, SHOES, ACCESSORIES AND HOUSEHOLD LINENS THAT WOULD OTHERWISE END UP IN LANDFILLS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $324,975
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $324,975

Expense Breakdown

Grants Paid $0
Salaries & Benefits $175,261
Fundraising Expenses $0
Program Expenses $181,237
Other Expenses $65,683
TOTAL EXPENSES $240,944

Year-over-Year Comparison

2024 2023 Change
Revenue $324,975 $314,205 +0.0%
Expenses $240,944 $229,855 +0.0%
Net Income $84,031 $84,350 0.0%
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
4
Independent Members
N/A
Employees
20
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SERGE LAZAREV President 40.00
Director
$0 $0 $0
CLEMENCIA GUILLEM Trustee 4.00
Director
$0 $0 $0
DAVID TEMPLE Treasurer 0.00
Director
$0 $0 $0
BORIS LAZAREV Trustee 4.00
Director
$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
2024 $324,975 $240,944 $206,193 $84,031
2023 $314,205 $229,855 $194,799 $84,350
2022 $258,701 $184,533 $80,476 $74,168
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