THE HOUSE OF GREEN INC

EIN: 830504810 501(c)(3) Environment

WASHINGTON, DC

Total Revenue
$875
Total Expenses
$3,696
Total Assets
$-17,187
Net Assets
$-17,187
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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
2008
Legal Domicile
DC
Principal Officer
FREDIA BANKS
Phone
2022563808
Tax Period
2024-01-01 to 2024-12-31

THE HOUSE OF GREEN INC, founded in 2008, is a micro nonprofit in the Environment sector that reported $875 in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $4K exceeded revenue, resulting in a 322% operating deficit.

Mission

THE HOUSE OF GREEN, INC. IS A 501(C)(3) TAX EXEMPT ORGANIZATION CREATED TO MOTIVATE AND ENCOURAGE INDIVIDUALS TO INVEST IN GREENING THEIR COMMUNITIES, NEIGHBORHOODS AND LIFESTYLES. OUR MISSION IS TO BRING COMMUNITIES TOGETHER IN AN EFFORT TO ENHANCE TH ENVIRONMENT AND IMPOWER INDIVIDUALS TO LIVE GREEN BY WAY OF GREEN INVESSTMENTS. WE PROVIDE INFORMATION, RESOURCES, ACTIVITIES AND SERVICES TO ASSIST YOU DURING THE GREEN TRANSITION. WE ALSO ASSIST WITH GREEN INVESTMENTS FOR LOW INCOME AND MIDDLE CLASS FAMILIES, TO INCLUDE MILITARY FAMILIES. OUR SPECIFIC PURPOSE IS TO PROMOTE AND ENCOURAGE INDIVIDUAL ENVIRONMENTAL FRIENDLY LIFESTYLE ALTERNATIVES AS A SOLUTION FOR GREEN INVESTMENTS THAT WILL CREATE IMPROVEMENTS AND BENEFITS FOR THE ENVIRONMENT.

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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 $875
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $875

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,246
Other Expenses $3,696
TOTAL EXPENSES $3,696

Year-over-Year Comparison

2024 2023 Change
Revenue $875 $2,050 -0.6%
Expenses $3,696 $4,666 -0.2%
Net Income $-2,821 $-2,616 +0.1%
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
1
Independent Members
N/A
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN GRIFFIN TREASURER N/A
Director
$0 $0 $0
HARRIET WILLIAMS VICE PRES/SE N/A
Director
$0 $0 $0
FREDIA BANKS PRESIDENT N/A
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
2024 $875 $3,696 $-17,187 $-2,821
2023 $2,050 $4,666 $-14,366 $-2,616
2022 $1,564 $4,160 $-4,192 $-2,596
2021 No data $1,778 $500 No data
2020 $1,612 $1,313 $429 $299
2019 $4,406 $785 $130 $3,621
2018 $7,212 $7,565 $172 $-353
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