GREEN SEAL INC

Washington, DC | http://www.greenseal.org

GuideStar Charity Check

GREEN SEAL INC

EIN: 13-3553974

Contributions tax deductible
as of November 2023

IRS BMF 509(a)(2)
as of November 13, 2023

View summary

Charity Check report

Mission

Green Seal® is a global nonprofit organization that pioneered the ecolabeling movement with a mission to transform the economy for a healthier, greener world. For 30 years, Green Seal’s rigorous standards for health, sustainability and product performance have driven permanent shifts in the marketplace, empowering better purchasing decisions and rewarding industry innovators. With thousands of certified products, services and spaces from the world’s leading companies, the Green Seal certification mark is a universal symbol that a product or service meets the highest benchmark of health and environmental leadership.

Ruling year info

1991

Principal Officer

Mr. Douglas Gatlin

Main address

1717 K St NW Suite 900

Washington, DC 20006 USA

Show more contact info

EIN

13-3553974

Subject area info

Environment

Consumer protection

Population served info

Adults

NTEE code info

Management & Technical Assistance (C02)

Environmental Quality, Protection, and Beautification N.E.C. (C99)

Research Institutes and/or Public Policy Analysis (C05)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Certification

Green Seal Certification ensures that a product meets rigorous,
science-based leadership standards. This gives manufacturers the
assurance to back up their claims and purchasers confidence that
certified products are better for human health and the environment.
Click here(http://www.greenseal.org/GreenBusiness/Certification.aspx) to find out more about our process.

Science and Standards

Our sustainability standards for products, services, and companies are
based on life cycle research and are developed in an open, transparent,
and stakeholder-involved process. Green Seal standards provide criteria
and guidelines for manufacturers, service providers, and companies to
work toward sustainability and Green Seal certification. Green Seal has
33 issued standards that cover over 338 product and service categories.

Institutional Greening

Many government and non-profit organizations are looking for ways to
improve human health and the environment in their communities. Green
Seal, through our Institutional Greening Programs, provides assistance
to government and non-profit organizations in five key areas:

Green Cities/Green Businesses,
Green Purchasing,
Green Hospitality,

Green Buildings Operation & Maintenance, and

Green Mail.

Green Seal provides technical assistance in these areas to local, state,
and federal organizations, as well as to other entities. Each project,
and the cost of the technical assistance provided, is tailored to the
specific needs of the organization.

Where we work

Awards

Accreditation of Standard Develop Operating Proceedures 2011

American National Standards Institute

GENICES Type 1- Ecolabel 2010

Global Ecolabeling Network

Affiliations & memberships

U.S. Green Building Council 2009

External reviews

Financials

GREEN SEAL INC

Fiscal year: Oct 01 - Sep 30

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

2.76

Average of 2.23 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

5.4

Average of 5.1 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

25%

Average of 20% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

GREEN SEAL INC

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$273,882
Government Grants	$0
Program Services	$2,138,580
Investments	$8,658
Special Events	$0
Sales	$0
Other	$7,338
Total Revenue	$2,428,458

Expenses
Program Services	$2,152,042
Administration	$268,527
Fundraising	$12,145
Total Expenses	$2,432,714
Net Gain/Loss	($4,256)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$10,149
Interest Expenses	$2,187
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$147,314
Government Grants	$0
Program Services	$2,588,564
Investments	$10,365
Special Events	$0
Sales	$0
Other	$61,111
Total Revenue	$2,807,354

Expenses
Program Services	$2,671,341
Administration	$271,985
Fundraising	$7,255
Total Expenses	$2,950,581
Net Gain/Loss	($143,227)

Functional expenses
Accounting Fees	$11,000
Advertising & Promotion	$25,601
Information Technology Expenses	$82,244
Insurance Expenses	$10,947
Interest Expenses	$2,250
Investment Management Fees	$0
Legal Fees	$50,746
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$45,133
Government Grants	$0
Program Services	$2,433,401
Investments	$3,807
Special Events	$0
Sales	$0
Other	$2,288
Total Revenue	$2,484,629

Expenses
Program Services	$2,356,589
Administration	$311,968
Fundraising	$107,801
Total Expenses	$2,776,358
Net Gain/Loss	($291,729)

Functional expenses
Accounting Fees	$9,250
Advertising & Promotion	$79
Information Technology Expenses	$44,779
Insurance Expenses	$9,714
Interest Expenses	$2,829
Investment Management Fees	$0
Legal Fees	$12,835
Pension Plan Contributions	$30,893
Professional Fundraising Expenses	$0

Revenue
Contributions	$15,000
Government Grants	$0
Program Services	$2,464,589
Investments	$1,820
Special Events	$0
Sales	$0
Other	$2,916
Total Revenue	$2,484,325

Expenses
Program Services	$1,677,622
Administration	$602,153
Fundraising	$855
Total Expenses	$2,280,630
Net Gain/Loss	$203,695

Functional expenses
Accounting Fees	$9,000
Advertising & Promotion	$0
Information Technology Expenses	$50,157
Insurance Expenses	$10,800
Interest Expenses	$2,609
Investment Management Fees	$0
Legal Fees	$11,693
Pension Plan Contributions	$26,765
Professional Fundraising Expenses	$0

Revenue
Contributions	$15,000
Government Grants	$0
Program Services	$2,808,298
Investments	$1,663
Special Events	$0
Sales	$0
Other	$779
Total Revenue	$2,825,740

Expenses
Program Services	$1,549,596
Administration	$702,405
Fundraising	$0
Total Expenses	$2,252,001
Net Gain/Loss	$573,739

Functional expenses
Accounting Fees	$9,478
Advertising & Promotion	$0
Information Technology Expenses	$39,804
Insurance Expenses	$13,105
Interest Expenses	$2,584
Investment Management Fees	$0
Legal Fees	$17,770
Pension Plan Contributions	$25,390
Professional Fundraising Expenses	$0

Revenue
Contributions	$58,043
Government Grants	$0
Program Services	$2,639,150
Investments	$1,909
Special Events	$0
Sales	$0
Other	$22,350
Total Revenue	$2,721,452

Expenses
Program Services	$1,644,212
Administration	$735,271
Fundraising	$1,005
Total Expenses	$2,380,488
Net Gain/Loss	$340,964

Functional expenses
Accounting Fees	$9,044
Advertising & Promotion	$0
Information Technology Expenses	$63,501
Insurance Expenses	$13,549
Interest Expenses	$654
Investment Management Fees	$0
Legal Fees	$4,698
Pension Plan Contributions	$32,884
Professional Fundraising Expenses	$0

Revenue
Contributions	$39,258
Government Grants	$0
Program Services	$2,631,918
Investments	$2,153
Special Events	($3,176)
Sales	$0
Other	$306
Total Revenue	$2,670,459

Expenses
Program Services	$2,545,983
Administration	$289,634
Fundraising	$24,740
Total Expenses	$2,860,357
Net Gain/Loss	($189,898)

Functional expenses
Accounting Fees	$3,812
Advertising & Promotion	$0
Information Technology Expenses	$75,543
Insurance Expenses	$12,999
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$36,425
Pension Plan Contributions	$57,598
Professional Fundraising Expenses	$0

Revenue
Contributions	$8,199
Government Grants	$0
Program Services	$2,604,585
Investments	$1,547
Special Events	$0
Sales	$0
Other	$2,596
Total Revenue	$2,616,927

Expenses
Program Services	$2,684,685
Administration	$240,700
Fundraising	$208
Total Expenses	$2,925,593
Net Gain/Loss	($308,666)

Functional expenses
Accounting Fees	$11,151
Advertising & Promotion	$0
Information Technology Expenses	$81,508
Insurance Expenses	$15,012
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$14,287
Pension Plan Contributions	$31,633
Professional Fundraising Expenses	$0

Revenue
Contributions	$12,269
Government Grants	$0
Program Services	$2,705,030
Investments	$1,353
Special Events	$0
Sales	$0
Other	$495
Total Revenue	$2,719,147

Expenses
Program Services	$2,579,999
Administration	$276,182
Fundraising	$68
Total Expenses	$2,856,249
Net Gain/Loss	($137,102)

Functional expenses
Accounting Fees	$9,500
Advertising & Promotion	$0
Information Technology Expenses	$80,083
Insurance Expenses	$15,531
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$22,409
Pension Plan Contributions	$57,959
Professional Fundraising Expenses	$0

Revenue
Contributions	$36,330
Government Grants	$0
Program Services	$2,752,614
Investments	$1,367
Special Events	$0
Sales	$0
Other	$1,268
Total Revenue	$2,791,579

Expenses
Program Services	$2,369,164
Administration	$467,866
Fundraising	$0
Total Expenses	$2,837,030
Net Gain/Loss	($45,451)

Functional expenses
Accounting Fees	$9,750
Advertising & Promotion	$0
Information Technology Expenses	$87,290
Insurance Expenses	$17,624
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$19,764
Pension Plan Contributions	$31,139
Professional Fundraising Expenses	$0

Revenue
Contributions	$8,252
Government Grants	$0
Program Services	$2,986,859
Investments	$1,552
Special Events	$0
Sales	$0
Other	$384
Total Revenue	$2,997,047

Expenses
Program Services	$2,313,019
Administration	$782,796
Fundraising	$0
Total Expenses	$3,095,815
Net Gain/Loss	($98,768)

Functional expenses
Accounting Fees	$12,847
Advertising & Promotion	$0
Information Technology Expenses	$114,108
Insurance Expenses	$23,336
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$56,958
Pension Plan Contributions	$49,021
Professional Fundraising Expenses	$0

Revenue
Contributions	$2,321
Government Grants	$0
Program Services	$2,894,578
Investments	$1,105
Special Events	$0
Sales	$0
Other	$3,568
Total Revenue	$2,901,572

Expenses
Program Services	$2,538,624
Administration	$576,079
Fundraising	$0
Total Expenses	$3,114,703
Net Gain/Loss	($213,131)

Functional expenses
Accounting Fees	$17,039
Advertising & Promotion	$0
Information Technology Expenses	$102,223
Insurance Expenses	$11,906
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$28,989
Pension Plan Contributions	$134,723
Professional Fundraising Expenses	$0

Revenue
Contributions	$898
Government Grants	$308,692
Program Services	$3,097,689
Investments	$256
Special Events	$0
Sales	$0
Other	$14,249
Total Revenue	$3,421,784

Expenses
Program Services	$2,228,064
Administration	$616,062
Fundraising	$0
Total Expenses	$2,844,126
Net Gain/Loss	$577,658

Functional expenses
Accounting Fees	$15,651
Advertising & Promotion	$6,110
Information Technology Expenses	$86,995
Insurance Expenses	$10,746
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$41,772
Pension Plan Contributions	$41,749
Professional Fundraising Expenses	$0

Revenue
Contributions	$15
Government Grants	$0
Program Services	$3,051,956
Investments	$205
Special Events	$0
Sales	$0
Other	$489
Total Revenue	$3,052,665

Expenses
Program Services	$2,305,041
Administration	$575,114
Fundraising	$0
Total Expenses	$2,880,155
Net Gain/Loss	$172,510

Functional expenses
Accounting Fees	$39,998
Advertising & Promotion	$30,780
Information Technology Expenses	$91,813
Insurance Expenses	$30,841
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$16,272
Pension Plan Contributions	$217,481
Professional Fundraising Expenses	$0

GREEN SEAL INC

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Oct 01, 2008	Sep 30, 2009	Change
Contributions	$273,882
Cash & Equivalents	$841,791	$1,121,498	$279,707
Accounts Receivable	$305,148	$440,684	$135,536
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$23,548	$33,177	$9,629
Other	$32,742	$39,357	$6,615
Total Assets	$1,203,229	$1,634,716	$431,487

Liabilities	Oct 01, 2008	Sep 30, 2009	Change
Accounts Payable	$125,284	$294,938	$169,654
Grants Payable	$372,526	$638,615	$266,089
Deferred Revenue	$0	$0	$0
Loans and Notes	$85,000	$85,000	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$582,810	$1,018,553	$435,743

Fund balance	Oct 01, 2008	Sep 30, 2009	Change
Temporarily Restricted Net Assets	$30,000	$0	-$30,000
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$30,000	$0	($30,000)
Unrestricted Net Assets	$590,419	$616,163	$25,744
Net Assets	$620,419	$616,163	($4,256)

Assets	Oct 01, 2009	Sep 30, 2010	Change
Contributions	$147,314
Cash & Equivalents	$1,121,497	$1,003,521	($117,976)
Accounts Receivable	$440,684	$119,081	($321,603)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$33,177	$34,480	$1,303
Other	$39,357	$43,245	$3,888
Total Assets	$1,634,715	$1,200,327	($434,388)

Liabilities	Oct 01, 2009	Sep 30, 2010	Change
Accounts Payable	$294,937	$204,136	($90,801)
Grants Payable	$638,615	$438,255	($200,360)
Deferred Revenue	$0	$0	$0
Loans and Notes	$85,000	$85,000	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$1,018,552	$727,391	($291,161)

Fund balance	Oct 01, 2009	Sep 30, 2010	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$616,163	$472,936	($143,227)
Net Assets	$616,163	$472,936	($143,227)

Assets	Oct 01, 2010	Sep 30, 2011	Change
Contributions	$45,133
Cash & Equivalents	$1,003,521	$720,151	($283,370)
Accounts Receivable	$119,081	$140,152	$21,071
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$34,480	$34,654	$174
Other	$43,245	$45,017	$1,772
Total Assets	$1,200,327	$939,974	($260,353)

Liabilities	Oct 01, 2010	Sep 30, 2011	Change
Accounts Payable	$204,138	$183,919	($20,219)
Grants Payable	$0	$0	$0
Deferred Revenue	$438,255	$480,069	$41,814
Loans and Notes	$85,000	$94,781	$9,781
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$727,393	$758,769	$31,376

GREEN SEAL INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of GREEN SEAL INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Oct 01 - Sep 30 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	-$39,867	-$79,778	-$165,791	$622,159	$205,501
As % of expenses	-1.4%	-2.6%	-5.4%	22.2%	7.2%
Unrestricted surplus (deficit) after depreciation	-$45,451	-$98,768	-$213,131	$577,658	$173,750
As % of expenses	-1.6%	-3.2%	-6.8%	20.3%	6.0%

Revenue composition
Total revenue (unrestricted & restricted)	$2,791,579	$2,997,047	$2,901,572	$3,421,784	$3,052,665
Total revenue, % change over prior year	2.7%	7.4%	-3.2%	17.9%	-10.8%
Program services revenue	98.6%	99.7%	99.8%	90.5%	100.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.0%	0.1%	0.0%	0.0%	0.0%
Government grants	0.0%	0.0%	0.0%	9.0%	0.0%
All other grants and contributions	1.3%	0.3%	0.1%	0.0%	0.0%
Other revenue	0.0%	0.0%	0.1%	0.4%	0.0%

Expense composition
Total expenses before depreciation	$2,831,446	$3,076,825	$3,067,363	$2,799,625	$2,848,404
Total expenses, % change over prior year	-0.6%	8.7%	-0.3%	-8.7%	1.7%
Personnel	72.0%	61.5%	70.4%	72.0%	74.3%
Professional fees	10.7%	21.1%	14.0%	17.5%	13.3%
Occupancy	7.8%	6.6%	5.8%	4.1%	2.2%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	9.4%	10.9%	9.8%	6.5%	10.2%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$2,837,030	$3,095,815	$3,114,703	$2,844,126	$2,880,155
One month of savings	$235,954	$256,402	$255,614	$233,302	$237,367
Debt principal payment	$0	$0	$0	$308,692	$0
Fixed asset additions	$16,972	$109,301	$0	$0	$0
Total full costs (estimated)	$3,089,956	$3,461,518	$3,370,317	$3,386,120	$3,117,522

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	3.9	2.5	3.0	4.3	5.4
Months of cash and investments	3.9	2.5	3.0	4.4	5.5
Months of estimated liquid unrestricted net assets	2.6	1.6	0.9	3.7	4.4

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$925,759	$644,466	$763,819	$1,014,234	$1,292,390
Investments	$0	$0	$0	$10,304	$11,544
Receivables	$203,051	$270,367	$274,608	$355,510	$291,779
Gross land, buildings, equipment (LBE)	$85,215	$194,516	$171,431	$135,293	$138,095
Accumulated depreciation (as a % of LBE)	82.1%	45.7%	56.2%	76.1%	84.2%
Liabilities (as a % of assets)	47.5%	50.7%	72.9%	38.2%	35.4%
Unrestricted net assets	$618,485	$519,717	$306,586	$884,244	$1,057,994
Temporarily restricted net assets	$0	$0	N/A	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A	N/A
Total restricted net assets	$0	$0	$0	$0	$0
Total net assets	$618,485	$519,717	$306,586	$884,244	$1,057,994

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024

Principal Officer

Mr. Douglas Gatlin

LinkedIn profile

Number of employees

Source: IRS Form 990

GREEN SEAL INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

GREEN SEAL INC

Highest paid employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of highest paid employee data for this organization

GREEN SEAL INC

Board of directors
as of 06/08/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mr. Paul Bateman

Paul Bateman

Klein & Saks Group

Contractors

Fiscal year ending

There are no fundraisers recorded for this organization.

GREEN SEAL INC

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Certification

Science and Standards

Institutional Greening

Where we work

Awards

Affiliations & memberships

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2022 info

2.76

Months of cash in 2022 info

5.4

Fringe rate in 2022 info

25%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

GREEN SEAL INC

GREEN SEAL INC

GREEN SEAL INC

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Principal Officer

Mr. Douglas Gatlin

Number of employees

GREEN SEAL INC

Compensation data

GREEN SEAL INC

Compensation data

GREEN SEAL INC

Board of directors data

Mr. Paul Bateman

Contractors

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities