No reported officer compensation, which may obscure true leadership costs if compensated through other means.
Strengths
Consistent and strong revenue growth, from $673,899 in 2014 to $2,488,273 in 2023.
Significant growth in assets, from $573,210 in 2014 to $5,620,836 in 2023, indicating strong financial health.
Positive net income in most years, demonstrating financial sustainability (e.g., 2023 revenue $2,488,273 vs. expenses $1,710,074).
Low liabilities relative to assets in recent years, suggesting a healthy balance sheet (e.g., 2023 assets $5,620,836 vs. liabilities $1,518,919).
Spending Breakdown
How Philadelphias Magic Gardens allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Philadelphias Magic Gardens
Is Philadelphias Magic Gardens a legitimate charity?
Based on AI analysis of IRS 990 filings, Philadelphias Magic Gardens (EIN: 201440309) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Philadelphias Magic Gardens a good charity to donate to?
Philadelphias Magic Gardens has a Mission Score of 85/100. Revenue: $1.9M. Assets: $5.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Philadelphias Magic Gardens?
The Employer Identification Number (EIN) for Philadelphias Magic Gardens is 201440309. 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 Philadelphias Magic Gardens spend its money?
Philadelphias Magic Gardens allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Philadelphias Magic Gardens's tax-exempt status?
You can verify Philadelphias Magic Gardens's tax-exempt status using EIN 201440309 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
Philadelphias Magic Gardens demonstrates strong financial health and consistent growth over the past decade. The organization has shown a remarkable increase in revenue, from $673,899 in 2014 to $2,488,273 in 2023, alongside a substantial growth in assets from $573,210 to $5,620,836 in the same period. This indicates effective fundraising and asset management.
The organization consistently spends less than it earns, as evidenced by its positive net income in most years, contributing to its growing asset base. For instance, in 2023, revenue was $2,488,273 against expenses of $1,710,074, resulting in a significant surplus. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs if not clearly disclosed elsewhere.
While specific program spending ratios are not provided in the raw data, the overall financial trajectory suggests a well-managed organization. The consistent growth in assets and revenue, coupled with controlled expenses, points to a sustainable operational model. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The lack of reported officer compensation is a notable point for further inquiry regarding executive leadership costs.