Gardens Of Southeastern North Carolina
EIN: 842077394 · Willard, NC · NTEE: C40
Is Gardens Of Southeastern North Carolina 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 Southeastern North Carolina
Gardens Of Southeastern North Carolina (EIN: 842077394) is a nonprofit organization based in Willard, NC, classified under NTEE code C40. The organization reported total revenue of $380K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gardens Of Southeastern North Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gardens Of Southeastern North Carolina is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $229K |
| Total Expenses | $243K |
| Surplus / Deficit | $-13,715 |
| Total Assets | $120K |
| Total Liabilities | $32K |
| Net Assets | $88K |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 26.9% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Gardens Of Southeastern North Carolina reported a deficit of $14K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 26.9% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Gardens Of Southeastern North Carolina's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.0% | +55.1% | -1.3% |
| 2022 | +181.0% | +87.9% | -13.9% |
| 2021 | -63.3% | +223.3% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gardens Of Southeastern North Carolina 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 Southeastern North Carolina 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 deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.9%.
Frequently Asked Questions about Gardens Of Southeastern North Carolina
Is Gardens Of Southeastern North Carolina a legitimate charity?
Based on AI analysis of IRS 990 filings, Gardens Of Southeastern North Carolina (EIN: 842077394) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gardens Of Southeastern North Carolina spend its money?
Detailed spending breakdown data is not yet available for Gardens Of Southeastern North Carolina. Check back for updated IRS 990 analysis.
Are donations to Gardens Of Southeastern North Carolina tax-deductible?
Gardens Of Southeastern North Carolina is registered as a tax-exempt nonprofit (EIN: 842077394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Gardens Of Southeastern North Carolina showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Gardens Of Southeastern North Carolina's revenue has grown by 65.8%, moving from $138K to $229K. Total assets decreased by 19% over the same period, from $149K to $120K. Total functional expenses rose by 842.1%, from $26K to $243K. In its most recent filing year (2023), Gardens Of Southeastern North Carolina reported a deficit of $14K, with expenses exceeding revenue. The organization holds $32K in liabilities against $120K in assets (debt-to-asset ratio: 26.9%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $229K | $243K | $120K | $32K | — | View 990 |
| 2022 | $142K | $157K | $122K | $20K | — | View 990 |
| 2021 | $51K | $83K | $142K | $26K | — | View 990 |
| 2020 | $138K | $26K | $149K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $229K, expenses of $243K, and assets of $120K (revenue +61.0% year-over-year).
- 2022: Revenue of $142K, expenses of $157K, and assets of $122K (revenue +181.0% year-over-year).
- 2021: Revenue of $51K, expenses of $83K, and assets of $142K (revenue -63.3% year-over-year).
- 2020: Revenue of $138K, expenses of $26K, and assets of $149K.
Data Sources and Methodology
This transparency report for Gardens Of Southeastern North Carolina 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.