Evergreen Development Foundation
Evergreen Development Foundation shows strong asset growth and no officer compensation amidst volatile revenue.
EIN: 201812585 · Phoenix, AZ · NTEE: T20 · Updated: 2026-03-28
Is Evergreen Development Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Evergreen Development Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Evergreen Development Foundation
Evergreen Development Foundation (EIN: 201812585) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code T20. The organization reported total revenue of $314K and total assets of $930K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evergreen Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evergreen Development Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $93K |
| Surplus / Deficit | +$76K |
| Total Assets | $945K |
| Total Liabilities | $1 |
| Net Assets | $945K |
| Operating Margin | 45.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 122.5 months |
Financial Health Grade: A
In 2023, Evergreen Development Foundation reported a surplus of $76K with revenue exceeding expenses, holds 122.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Evergreen Development Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.6% | +108.3% | +13.3% |
| 2022 | +933.3% | +20.2% | +63.1% |
| 2021 | -22.2% | -50.1% | +8.3% |
| 2020 | -12.6% | +39.4% | +6.6% |
| 2019 | +170.2% | +141.4% | +23.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Evergreen Development Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Evergreen Development Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $76K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its size with nearly $1 million in assets and over $168,000 in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Evergreen Development Foundation's IRS 990 filings:
- Significant revenue volatility year-over-year, making financial planning potentially challenging.
- Lack of detailed expense breakdown beyond total expenses, hindering full assessment of spending efficiency.
- Unusually consistent 0% officer compensation for an organization with growing assets and revenue, which might warrant further inquiry into how leadership is sustained.
Strengths
The following positive indicators were identified for Evergreen Development Foundation:
- Consistent growth in assets, from $337,844 in 2011 to $944,842 in 2023, indicating strong financial stability.
- Extremely low liabilities across all reported periods, demonstrating sound financial management.
- Zero reported officer compensation, suggesting a high dedication of funds to the mission rather than executive salaries.
- Positive net income in most years, contributing to asset growth.
Frequently Asked Questions about Evergreen Development Foundation
Is Evergreen Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Evergreen Development Foundation (EIN: 201812585) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Evergreen Development Foundation spend its money?
Evergreen Development Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Evergreen Development Foundation tax-deductible?
Evergreen Development Foundation is registered as a tax-exempt nonprofit (EIN: 201812585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Evergreen Development Foundation manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles may be entirely volunteer-based or compensated through other means not categorized as officer compensation, or that the organization outsources its management.
What specific programs does Evergreen Development Foundation fund with its assets and revenue?
Based on the NTEE code T20 (Housing, Shelter), the organization likely focuses on housing and shelter initiatives, but the 990 data alone does not provide specific program details.
Why has Evergreen Development Foundation's revenue been so volatile in recent years?
Revenue has fluctuated significantly, from $47,358 in 2021 to $489,343 in 2022, then down to $168,281 in 2023. This volatility could be due to large one-time grants, specific project funding cycles, or changes in fundraising strategies.
What is the breakdown of expenses beyond the total reported amount?
The provided data only gives total expenses (e.g., $92,547 in 2023). A detailed breakdown into program, administrative, and fundraising costs is not available in this summary, making a precise efficiency assessment difficult.
Filing History
IRS 990 filing history for Evergreen Development Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Evergreen Development Foundation's revenue has grown by 698.3%, moving from $21K to $168K. Total assets increased by 179.7% over the same period, from $338K to $945K. Total functional expenses rose by 385.4%, from $19K to $93K. In its most recent filing year (2023), Evergreen Development Foundation reported a surplus of $76K, with revenue exceeding expenses. The organization holds $1 in liabilities against $945K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $945K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $93K | $945K | $1 | — | View 990 |
| 2022 | $489K | $44K | $834K | $1 | — | View 990 |
| 2021 | $47K | $37K | $511K | $1 | — | — |
| 2020 | $61K | $74K | $472K | $1 | — | — |
| 2019 | $70K | $53K | $442K | $0 | — | View 990 |
| 2015 | $26K | $22K | $357K | $0 | — | View 990 |
| 2014 | $25K | $39K | $368K | $0 | — | View 990 |
| 2013 | $22K | $20K | $379K | $0 | — | View 990 |
| 2012 | $17K | $20K | $354K | $0 | — | View 990 |
| 2011 | $21K | $19K | $338K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $93K, and assets of $945K (revenue -65.6% year-over-year).
- 2022: Revenue of $489K, expenses of $44K, and assets of $834K (revenue +933.3% year-over-year).
- 2021: Revenue of $47K, expenses of $37K, and assets of $511K (revenue -22.2% year-over-year).
- 2020: Revenue of $61K, expenses of $74K, and assets of $472K (revenue -12.6% year-over-year).
- 2019: Revenue of $70K, expenses of $53K, and assets of $442K (revenue +170.2% year-over-year).
- 2015: Revenue of $26K, expenses of $22K, and assets of $357K (revenue +3.1% year-over-year).
- 2014: Revenue of $25K, expenses of $39K, and assets of $368K (revenue +14.8% year-over-year).
- 2013: Revenue of $22K, expenses of $20K, and assets of $379K (revenue +31.3% year-over-year).
- 2012: Revenue of $17K, expenses of $20K, and assets of $354K (revenue -21.3% year-over-year).
- 2011: Revenue of $21K, expenses of $19K, and assets of $338K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evergreen Development Foundation:
Data Sources and Methodology
This transparency report for Evergreen Development Foundation 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.