Garden City Neighbors Inc
Garden City Neighbors Inc. faces severe financial distress with consistent negative revenue and declining assets.
EIN: 10671365 · Missoula, MT · NTEE: L21 · Updated: 2026-03-27
Is Garden City Neighbors Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Garden City Neighbors Inc
Garden City Neighbors Inc (EIN: 10671365) is a nonprofit organization based in Missoula, MT, classified under NTEE code L21. The organization reported total revenue of $0 and total assets of $844 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Garden City Neighbors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Garden City Neighbors Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Garden City Neighbors Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, which is unusual for an organization incurring significant expenses. This could indicate reliance on unpaid volunteers for leadership or a lack of transparency regarding how leadership is compensated, especially given the substantial liabilities and expenses.
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 Garden City Neighbors Inc's IRS 990 filings:
- 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.
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) significant concerns. Mission Score: 10/100. 5 red flags identified, 0 strengths noted.
How does Garden City Neighbors Inc spend its money?
Detailed spending breakdown data is not yet available for Garden City Neighbors Inc. Check back for updated IRS 990 analysis.
Are donations to Garden City Neighbors Inc tax-deductible?
Garden City Neighbors Inc is registered as a tax-exempt nonprofit (EIN: 10671365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Garden City Neighbors Inc. fund its operations given consistent negative revenue and minimal reported income?
The filings show consistent negative revenue or extremely low positive revenue (e.g., $400 in 2023) against substantial expenses, suggesting operations are likely funded through asset depletion or undisclosed sources, which is unsustainable.
What caused the dramatic decline in assets from over $1.2 million in 2020 to $5,370 in 2023?
The filings indicate a significant reduction in assets over a short period, from $1,227,716 in 2020 to $5,370 in 2023, without corresponding revenue to offset expenses, suggesting asset liquidation or significant losses.
Why are liabilities consistently high (e.g., $251,513 in 2023) despite minimal revenue and declining assets?
High liabilities coupled with low revenue and declining assets suggest the organization is accumulating debt or has significant outstanding obligations that it struggles to meet with its current financial resources.
What specific programs or activities are being funded by the reported expenses, given the lack of clear program spending?
The financial data does not provide a clear breakdown of program spending, making it difficult to ascertain what activities the significant expenses (e.g., $144,965 in 2023) are supporting.
Filing History
IRS 990 filing history for Garden City Neighbors Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Garden City Neighbors Inc's revenue has declined by 97.9%, moving from $19K to $400. Total assets decreased by 99.5% over the same period, from $1.0M to $5K. Total functional expenses rose by 2910.7%, from $5K to $145K. In its most recent filing year (2023), Garden City Neighbors Inc reported a deficit of $145K, with expenses exceeding revenue. The organization holds $252K in liabilities against $5K in assets (debt-to-asset ratio: 4683.7%), resulting in net assets of $-246,143.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $400 | $145K | $5K | $252K | — | View 990 |
| 2022 | $-81,967 | $192K | $140K | $242K | — | View 990 |
| 2021 | $-154,740 | $475K | $402K | $230K | — | — |
| 2020 | $4K | $13K | $1.2M | $317K | — | View 990 |
| 2019 | $4K | $10K | $1.2M | $304K | — | View 990 |
| 2017 | $5K | $10K | $1.2M | $284K | — | View 990 |
| 2016 | $4K | $13K | $1.2M | $275K | — | View 990 |
| 2015 | $2K | $6K | $1.3M | $385K | — | View 990 |
| 2014 | $19K | $5K | $1.2M | $258K | — | View 990 |
| 2013 | $180K | $4K | $1.2M | $256K | — | View 990 |
| 2012 | $19K | $5K | $1.0M | $281K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $400, expenses of $145K, and assets of $5K.
- 2022: Revenue of $-81,967, expenses of $192K, and assets of $140K.
- 2021: Revenue of $-154,740, expenses of $475K, and assets of $402K (revenue -3554.8% year-over-year).
- 2020: Revenue of $4K, expenses of $13K, and assets of $1.2M (revenue +0.0% year-over-year).
- 2019: Revenue of $4K, expenses of $10K, and assets of $1.2M (revenue -5.0% year-over-year).
- 2017: Revenue of $5K, expenses of $10K, and assets of $1.2M (revenue +5.2% year-over-year).
- 2016: Revenue of $4K, expenses of $13K, and assets of $1.2M (revenue +100.0% year-over-year).
- 2015: Revenue of $2K, expenses of $6K, and assets of $1.3M (revenue -88.5% year-over-year).
- 2014: Revenue of $19K, expenses of $5K, and assets of $1.2M (revenue -89.2% year-over-year).
- 2013: Revenue of $180K, expenses of $4K, and assets of $1.2M (revenue +842.7% year-over-year).
- 2012: Revenue of $19K, expenses of $5K, and assets of $1.0M.
Data Sources and Methodology
This transparency report for Garden City Neighbors 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.