Gardens Of Peace Inc
EIN: 474029293 · Cheshire, CT · NTEE: Y50
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $52K |
| Net Assets | $395K |
Is Gardens Of Peace Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gardens Of Peace Inc
Gardens Of Peace Inc (EIN: 474029293) is a nonprofit organization based in Cheshire, CT, classified under NTEE code Y50. The organization reported total revenue of $105K and total assets of $957K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gardens Of Peace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gardens Of Peace Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $52K |
| Surplus / Deficit | +$64K |
| Total Assets | $961K |
| Total Liabilities | $566K |
| Net Assets | $395K |
| Operating Margin | 55.3% |
| Debt-to-Asset Ratio | 58.9% |
| Months of Reserves | 221.8 months |
Financial Health Grade: A
In 2023, Gardens Of Peace Inc reported a surplus of $64K with revenue exceeding expenses, holds 221.8 months of operating reserves (strong position), has a debt-to-asset ratio of 58.9% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Gardens Of Peace Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.4% | +11.2% | -17.7% |
| 2022 | -58.2% | -43.2% | +2.6% |
| 2021 | +68.2% | -29.9% | +3.5% |
| 2020 | +148.1% | +226.3% | -1.9% |
| 2019 | -54.4% | +81.4% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gardens Of Peace 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 Gardens Of Peace 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 $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.9%.
Frequently Asked Questions about Gardens Of Peace Inc
Is Gardens Of Peace Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gardens Of Peace Inc (EIN: 474029293) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gardens Of Peace Inc spend its money?
Detailed spending breakdown data is not yet available for Gardens Of Peace Inc. Check back for updated IRS 990 analysis.
Are donations to Gardens Of Peace Inc tax-deductible?
Gardens Of Peace Inc is registered as a tax-exempt nonprofit (EIN: 474029293). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gardens Of Peace Inc located?
Gardens Of Peace Inc is headquartered in Cheshire, Connecticut and files with the IRS under EIN 474029293. It is classified under NTEE code Y50.
How many years of IRS 990 filings does Gardens Of Peace Inc have?
Gardens Of Peace Inc has 9 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 $105K in total revenue.
Filing History
IRS 990 filing history for Gardens Of Peace Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Gardens Of Peace Inc's revenue has declined by 48.3%, moving from $225K to $116K. Total assets decreased by 7.3% over the same period, from $1.0M to $961K. Total functional expenses rose by 319.8%, from $12K to $52K. In its most recent filing year (2023), Gardens Of Peace Inc reported a surplus of $64K, with revenue exceeding expenses. The organization holds $566K in liabilities against $961K in assets (debt-to-asset ratio: 58.9%), resulting in net assets of $395K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $52K | $961K | $566K | — | — |
| 2022 | $77K | $47K | $1.2M | $837K | — | View 990 |
| 2021 | $184K | $82K | $1.1M | $837K | — | View 990 |
| 2020 | $109K | $118K | $1.1M | $900K | — | — |
| 2019 | $44K | $36K | $1.1M | $913K | — | View 990 |
| 2018 | $97K | $20K | $1.1M | $915K | — | View 990 |
| 2017 | $15K | $51K | $1.1M | $955K | — | — |
| 2016 | $20K | $72K | $1.1M | $911K | — | View 990 |
| 2015 | $225K | $12K | $1.0M | $824K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $52K, and assets of $961K (revenue +51.4% year-over-year).
- 2022: Revenue of $77K, expenses of $47K, and assets of $1.2M (revenue -58.2% year-over-year).
- 2021: Revenue of $184K, expenses of $82K, and assets of $1.1M (revenue +68.2% year-over-year).
- 2020: Revenue of $109K, expenses of $118K, and assets of $1.1M (revenue +148.1% year-over-year).
- 2019: Revenue of $44K, expenses of $36K, and assets of $1.1M (revenue -54.4% year-over-year).
- 2018: Revenue of $97K, expenses of $20K, and assets of $1.1M (revenue +565.9% year-over-year).
- 2017: Revenue of $15K, expenses of $51K, and assets of $1.1M (revenue -25.6% year-over-year).
- 2016: Revenue of $20K, expenses of $72K, and assets of $1.1M (revenue -91.3% year-over-year).
- 2015: Revenue of $225K, expenses of $12K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gardens Of Peace Inc:
Data Sources and Methodology
This transparency report for Gardens Of Peace 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.