Quick charity verification for Garden City Neighbors Inc (EIN: 10671365)
Verdict: Garden City Neighbors Inc has notable concerns
10/100Mission Score
$0Revenue
$844Assets
5Red Flags
0Strengths
Red Flags
Consistent negative or near-zero revenue for multiple years (e.g., -$81,967 in 2022, $400 in 2023).
Dramatic decline in assets from over $1.2 million to $5,370 in three years.
High liabilities ($251,513 in 2023) relative to minimal assets and revenue.
Significant expenses (e.g., $144,965 in 2023) with no clear funding source or program spending breakdown.
Zero officer compensation reported despite substantial operational expenses and financial instability.
Spending Breakdown
How Garden City Neighbors Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Garden City Neighbors Inc
Is Garden City Neighbors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Garden City Neighbors Inc (EIN: 10671365) has notable concerns. Mission Score: 10/100. 5 red flags identified, 0 strengths noted.
Is Garden City Neighbors Inc a good charity to donate to?
Garden City Neighbors Inc has a Mission Score of 10/100. Revenue: $0. Assets: $844. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Garden City Neighbors Inc?
The Employer Identification Number (EIN) for Garden City Neighbors Inc is 10671365. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Garden City Neighbors Inc spend its money?
Garden City Neighbors Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Garden City Neighbors Inc's tax-exempt status?
You can verify Garden City Neighbors Inc's tax-exempt status using EIN 10671365 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Garden City Neighbors Inc. exhibits significant financial instability and a concerning lack of operational clarity based on its IRS 990 filings. The organization has reported negative revenue in recent years, specifically -$81,967 in 2022 and -$154,740 in 2021, while incurring substantial expenses of $191,687 and $475,297 respectively. This indicates a severe deficit in funding relative to its spending. The latest filing for 2023 shows revenue of only $400 against expenses of $144,965, further highlighting a critical funding gap.
The organization's assets have also seen a dramatic decline from over $1.2 million in 2020 to just $5,370 in 2023, while liabilities have remained high, reaching $251,513 in 2023. This suggests a significant erosion of its financial base and a precarious balance sheet. The consistent reporting of zero officer compensation across all filings, despite substantial expenses, raises questions about how the organization is managed and funded, especially given the large expenditures without clear revenue streams. The overall financial picture points to an organization struggling to sustain its operations and potentially facing solvency issues.