Garden Of Hope Inc

Garden Of Hope Inc shows strong revenue growth and asset accumulation with no reported officer compensation.

EIN: 200177587 · Flushing, NY · NTEE: P43 · Updated: 2026-03-28

$2.1MRevenue

$2.7MAssets

90/100Mission Score (Excellent)

P43

About Garden Of Hope Inc

Garden Of Hope Inc (EIN: 200177587) is a nonprofit organization based in Flushing, NY, classified under NTEE code P43. The organization reported total revenue of $2.1M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Garden Of Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Garden Of Hope Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization's revenue has grown significantly from $473,336 in 2014 to $2,483,013 in 2023, indicating strong donor support and program expansion. Assets have also steadily increased, reaching $2,726,370 in 2023, providing a solid financial foundation. The organization consistently reports zero officer compensation, which is a positive indicator of efficient resource allocation and a commitment to directing funds towards its mission.

While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratio relative to revenue is generally favorable. For instance, in 2023, expenses were $2,104,124 against revenues of $2,483,013, suggesting a significant portion of income is being utilized for operations. The consistent growth in assets and revenue, coupled with low liabilities, points to sound financial management. The absence of reported officer compensation further enhances the perception of transparency and dedication to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Garden Of Hope Inc with a Mission Score of 90 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, Garden Of Hope Inc 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.

Executive Compensation Analysis

Garden Of Hope Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This suggests a highly efficient use of funds, with resources likely directed entirely towards program delivery and operational costs.

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.

Strengths

The following positive indicators were identified for Garden Of Hope Inc:

Consistent and significant revenue growth, from $473,336 in 2014 to $2,483,013 in 2023.
Steady increase in assets, reaching $2,726,370 in 2023, indicating financial stability.
Zero reported officer compensation across all filings, suggesting high efficiency and dedication to mission.
Low liabilities relative to assets, demonstrating sound financial management.
Positive net income in most years, contributing to asset accumulation.

Frequently Asked Questions about Garden Of Hope Inc

How does Garden Of Hope Inc manage to operate without officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, such as general staff salaries if they hold other roles. This is a strong indicator of dedication to the mission.

What specific programs does Garden Of Hope Inc fund with its growing revenue?

While the NTEE code P43 indicates 'Housing, Shelter, & Homeless Services', the provided data does not detail specific programs. Further investigation into their full 990 filings or website would be necessary to understand their program offerings.

Is the organization's asset growth sustainable?

Yes, the consistent growth in assets from $368,644 in 2014 to $2,726,370 in 2023, alongside increasing revenue, suggests sustainable financial health and capacity building.

Filing History

IRS 990 filing history for Garden Of Hope Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Garden Of Hope Inc's revenue has grown by 643.3%, moving from $334K to $2.5M. Total assets increased by 1461.1% over the same period, from $175K to $2.7M. Total functional expenses rose by 595%, from $303K to $2.1M. In its most recent filing year (2023), Garden Of Hope Inc reported a surplus of $379K, with revenue exceeding expenses. The organization holds $406K in liabilities against $2.7M in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $2.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.5M	$2.1M	$2.7M	$406K	—	—
2022	$2.2M	$2.0M	$2.0M	$109K	—	—
2021	$2.0M	$1.5M	$1.8M	$36K	—	View 990
2020	$1.4M	$1.4M	$1.3M	$25K	—	View 990
2019	$1.4M	$1.2M	$1.2M	$20K	—	View 990
2018	$1.1M	$977K	$1.1M	$130K	—	View 990
2017	$746K	$773K	$1.0M	$163K	—	View 990
2016	$1.0M	$656K	$1.1M	$209K	—	View 990
2015	$674K	$483K	$561K	$17K	—	View 990
2014	$473K	$342K	$369K	$15K	—	View 990
2013	$375K	$293K	$235K	$13K	—	View 990
2012	$295K	$319K	$161K	$20K	—	View 990
2011	$334K	$303K	$175K	$10K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.5M, expenses of $2.1M, and assets of $2.7M (revenue +14.0% year-over-year).
2022: Revenue of $2.2M, expenses of $2.0M, and assets of $2.0M (revenue +10.5% year-over-year).
2021: Revenue of $2.0M, expenses of $1.5M, and assets of $1.8M (revenue +43.3% year-over-year).
2020: Revenue of $1.4M, expenses of $1.4M, and assets of $1.3M (revenue -2.5% year-over-year).
2019: Revenue of $1.4M, expenses of $1.2M, and assets of $1.2M (revenue +32.1% year-over-year).
2018: Revenue of $1.1M, expenses of $977K, and assets of $1.1M (revenue +43.3% year-over-year).
2017: Revenue of $746K, expenses of $773K, and assets of $1.0M (revenue -25.6% year-over-year).
2016: Revenue of $1.0M, expenses of $656K, and assets of $1.1M (revenue +48.6% year-over-year).
2015: Revenue of $674K, expenses of $483K, and assets of $561K (revenue +42.4% year-over-year).
2014: Revenue of $473K, expenses of $342K, and assets of $369K (revenue +26.4% year-over-year).
2013: Revenue of $375K, expenses of $293K, and assets of $235K (revenue +26.7% year-over-year).
2012: Revenue of $295K, expenses of $319K, and assets of $161K (revenue -11.5% year-over-year).
2011: Revenue of $334K, expenses of $303K, and assets of $175K.

Data Sources and Methodology

This transparency report for Garden Of Hope 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.