Garrison Institute

Garrison Institute shows consistent revenue, growing assets, and no reported officer compensation.

EIN: 10597067 · Garrison, NY · NTEE: B99 · Updated: 2026-03-27

$4.1MRevenue

$1.1MAssets

90/100Mission Score (Excellent)

B99

About Garrison Institute

Garrison Institute (EIN: 10597067) is a nonprofit organization based in Garrison, NY, classified under NTEE code B99. The organization reported total revenue of $4.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Garrison Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Garrison Institute demonstrates a generally stable financial position with consistent revenue generation over the past several years, averaging around $3.5-$4.5 million annually. In the most recent filing (202312), the organization reported revenue of $4,784,583 against expenses of $4,516,299, indicating a surplus. This trend of operating with a surplus is also evident in 202212 and 202112, suggesting sound financial management after a period of deficits in 201912 and 202012. The organization's assets have shown growth, reaching $1,245,209 in 202312, which provides a reasonable buffer against liabilities of $612,941.

Spending efficiency appears to be a strength, as the organization consistently manages to keep expenses below or close to revenue, particularly in recent years. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a volunteer-driven or very low-cost leadership structure.

Overall, the Garrison Institute exhibits good financial health and strong transparency, particularly concerning executive compensation. While there were periods of operating deficits, the recent trend shows a return to financial stability and growth in assets. The consistent filing of IRS 990s over 14 periods further underscores their commitment to public accountability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Garrison Institute 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, Garrison Institute 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

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is an exceptional level of financial efficiency and transparency for an organization of its size with revenues consistently in the millions.

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 Garrison Institute's IRS 990 filings:

Periods of operating deficits in prior years (e.g., 201912, 202012)

Strengths

The following positive indicators were identified for Garrison Institute:

Consistent revenue generation (e.g., $4,784,583 in 202312)
Positive operating margins in recent years (e.g., $268,284 surplus in 202312)
Growing asset base (e.g., $1,245,209 in 202312)
Zero reported officer compensation across all filings
Strong transparency with 14 years of IRS 990 filings

Frequently Asked Questions about Garrison Institute

Is Garrison Institute a good charity?

Based on its financial data, Garrison Institute appears to be a good charity. It consistently generates substantial revenue, manages expenses effectively, and notably reports 0% officer compensation, indicating a strong commitment to its mission over administrative overhead.

How has Garrison Institute's financial health changed over time?

Garrison Institute's financial health has improved in recent years. After experiencing deficits in 201912 (Revenue=$3,920,173, Expenses=$4,246,134) and 202012 (Revenue=$2,791,615, Expenses=$3,316,680), it has consistently operated with a surplus from 202112 through 202312, with assets growing from $591,105 to $1,245,209 in that period.

What is the trend in Garrison Institute's assets?

Garrison Institute's assets have shown a positive growth trend in recent years, increasing from $440,230 in 202012 to $1,245,209 in 202312, indicating a strengthening balance sheet.

Filing History

IRS 990 filing history for Garrison Institute showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Garrison Institute's revenue has grown by 23.6%, moving from $3.9M to $4.8M. Total assets increased by 23.9% over the same period, from $1.0M to $1.2M. Total functional expenses rose by 39.6%, from $3.2M to $4.5M. In its most recent filing year (2023), Garrison Institute reported a surplus of $268K, with revenue exceeding expenses. The organization holds $613K in liabilities against $1.2M in assets (debt-to-asset ratio: 49.2%), resulting in net assets of $632K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$4.8M	$4.5M	$1.2M	$613K	—	—
2022	$3.6M	$3.3M	$917K	$553K	—	View 990
2021	$2.8M	$2.4M	$591K	$552K	—	View 990
2020	$2.8M	$3.3M	$440K	$746K	—	View 990
2019	$3.9M	$4.2M	$1.1M	$894K	—	View 990
2018	$4.8M	$4.5M	$1.0M	$482K	—	View 990
2017	$4.4M	$4.4M	$666K	$462K	—	View 990
2016	$4.2M	$4.3M	$919K	$734K	—	View 990
2015	$0	$4.0M	$627K	$300K	—	View 990
2014	$3.8M	$4.3M	$348K	$672K	—	View 990
2013	$4.0M	$4.0M	$509K	$373K	—	View 990
2012	$3.3M	$3.6M	$506K	$407K	—	View 990
2011	$3.4M	$3.7M	$580K	$166K	—	View 990
2010	$3.9M	$3.2M	$1.0M	$260K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $4.8M, expenses of $4.5M, and assets of $1.2M (revenue +33.5% year-over-year).
2022: Revenue of $3.6M, expenses of $3.3M, and assets of $917K (revenue +28.9% year-over-year).
2021: Revenue of $2.8M, expenses of $2.4M, and assets of $591K (revenue -0.4% year-over-year).
2020: Revenue of $2.8M, expenses of $3.3M, and assets of $440K (revenue -28.8% year-over-year).
2019: Revenue of $3.9M, expenses of $4.2M, and assets of $1.1M (revenue -18.3% year-over-year).
2018: Revenue of $4.8M, expenses of $4.5M, and assets of $1.0M (revenue +9.6% year-over-year).
2017: Revenue of $4.4M, expenses of $4.4M, and assets of $666K (revenue +4.8% year-over-year).
2016: Revenue of $4.2M, expenses of $4.3M, and assets of $919K.
2015: Revenue of $0, expenses of $4.0M, and assets of $627K (revenue -100.0% year-over-year).
2014: Revenue of $3.8M, expenses of $4.3M, and assets of $348K (revenue -3.9% year-over-year).
2013: Revenue of $4.0M, expenses of $4.0M, and assets of $509K (revenue +20.2% year-over-year).
2012: Revenue of $3.3M, expenses of $3.6M, and assets of $506K (revenue -2.3% year-over-year).
2011: Revenue of $3.4M, expenses of $3.7M, and assets of $580K (revenue -12.1% year-over-year).
2010: Revenue of $3.9M, expenses of $3.2M, and assets of $1.0M.

Data Sources and Methodology

This transparency report for Garrison Institute 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.