Botanical Garden Society Of Northwest Michigan Inc
EIN: 383523429 · Traverse City, MI · NTEE: C42
| Metric | Value |
|---|---|
| Total Revenue | $804K |
| Total Expenses | $430K |
| Net Assets | $2.3M |
Is Botanical Garden Society Of Northwest Michigan Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Botanical Garden Society Of Northwest Michigan Inc
Botanical Garden Society Of Northwest Michigan Inc (EIN: 383523429) is a nonprofit organization based in Traverse City, MI, classified under NTEE code C42. The organization reported total revenue of $804K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Botanical Garden Society Of Northwest Michigan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Botanical Garden Society Of Northwest Michigan Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $524K |
| Total Expenses | $430K |
| Surplus / Deficit | +$93K |
| Total Assets | $2.3M |
| Total Liabilities | $29K |
| Net Assets | $2.3M |
| Operating Margin | 17.8% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 64.5 months |
Financial Health Grade: A
In 2023, Botanical Garden Society Of Northwest Michigan Inc reported a surplus of $93K with revenue exceeding expenses, holds 64.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Botanical Garden Society Of Northwest Michigan Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.2% | -17.2% | +4.9% |
| 2022 | +0.5% | +81.8% | +51.0% |
| 2021 | +236.5% | +17.8% | +190.0% |
| 2020 | +16.3% | -8.5% | +31.8% |
| 2019 | +28.0% | +19.9% | +19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Botanical Garden Society Of Northwest Michigan Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Botanical Garden Society Of Northwest Michigan Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Botanical Garden Society Of Northwest Michigan Inc
Is Botanical Garden Society Of Northwest Michigan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Botanical Garden Society Of Northwest Michigan Inc (EIN: 383523429) insufficient data. 0 red flags identified, 0 strengths noted.
How does Botanical Garden Society Of Northwest Michigan Inc spend its money?
Detailed spending breakdown data is not yet available for Botanical Garden Society Of Northwest Michigan Inc. Check back for updated IRS 990 analysis.
Are donations to Botanical Garden Society Of Northwest Michigan Inc tax-deductible?
Botanical Garden Society Of Northwest Michigan Inc is registered as a tax-exempt nonprofit (EIN: 383523429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Botanical Garden Society Of Northwest Michigan Inc located?
Botanical Garden Society Of Northwest Michigan Inc is headquartered in Traverse City, Michigan and files with the IRS under EIN 383523429. It is classified under NTEE code C42.
How many years of IRS 990 filings does Botanical Garden Society Of Northwest Michigan Inc have?
Botanical Garden Society Of Northwest Michigan Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $804K in total revenue.
Filing History
IRS 990 filing history for Botanical Garden Society Of Northwest Michigan Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Botanical Garden Society Of Northwest Michigan Inc's revenue has grown by 966.5%, moving from $49K to $524K. Total assets increased by 6999.7% over the same period, from $33K to $2.3M. Total functional expenses rose by 948.2%, from $41K to $430K. In its most recent filing year (2023), Botanical Garden Society Of Northwest Michigan Inc reported a surplus of $93K, with revenue exceeding expenses. The organization holds $29K in liabilities against $2.3M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $524K | $430K | $2.3M | $29K | — | — |
| 2022 | $1.3M | $520K | $2.2M | $14K | — | View 990 |
| 2021 | $1.2M | $286K | $1.5M | $2K | — | View 990 |
| 2020 | $371K | $243K | $504K | $6K | — | View 990 |
| 2019 | $319K | $265K | $382K | $13K | — | View 990 |
| 2018 | $249K | $221K | $319K | $3K | — | View 990 |
| 2017 | $324K | $277K | $290K | $2K | — | View 990 |
| 2016 | $190K | $207K | $257K | $535 | — | View 990 |
| 2015 | $509K | $544K | $274K | $239 | — | View 990 |
| 2014 | $333K | $337K | $313K | $161 | — | View 990 |
| 2013 | $349K | $86K | $319K | $0 | — | View 990 |
| 2012 | $91K | $55K | $62K | $6K | — | View 990 |
| 2011 | $49K | $41K | $33K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $524K, expenses of $430K, and assets of $2.3M (revenue -58.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $520K, and assets of $2.2M (revenue +0.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $286K, and assets of $1.5M (revenue +236.5% year-over-year).
- 2020: Revenue of $371K, expenses of $243K, and assets of $504K (revenue +16.3% year-over-year).
- 2019: Revenue of $319K, expenses of $265K, and assets of $382K (revenue +28.0% year-over-year).
- 2018: Revenue of $249K, expenses of $221K, and assets of $319K (revenue -23.1% year-over-year).
- 2017: Revenue of $324K, expenses of $277K, and assets of $290K (revenue +70.4% year-over-year).
- 2016: Revenue of $190K, expenses of $207K, and assets of $257K (revenue -62.6% year-over-year).
- 2015: Revenue of $509K, expenses of $544K, and assets of $274K (revenue +52.8% year-over-year).
- 2014: Revenue of $333K, expenses of $337K, and assets of $313K (revenue -4.7% year-over-year).
- 2013: Revenue of $349K, expenses of $86K, and assets of $319K (revenue +283.1% year-over-year).
- 2012: Revenue of $91K, expenses of $55K, and assets of $62K (revenue +85.8% year-over-year).
- 2011: Revenue of $49K, expenses of $41K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Botanical Garden Society Of Northwest Michigan Inc:
Data Sources and Methodology
This transparency report for Botanical Garden Society Of Northwest Michigan Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.