Johnson Evergreen Corporation
Johnson Evergreen Corporation: Declining Assets and High Administrative Costs Raise Concerns
EIN: 223012385 · Hartford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $18.2M |
| Program Spending | 60% |
| Net Assets | $-13,417,242 |
| Transparency Score | 45/100 |
Is Johnson Evergreen Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Johnson Evergreen Corporation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Johnson Evergreen Corporation
Johnson Evergreen Corporation (EIN: 223012385) is a nonprofit organization based in Hartford, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Johnson Evergreen Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Johnson Evergreen Corporation is a large nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.6M |
| Total Expenses | $18.2M |
| Surplus / Deficit | $-1,598,230 |
| Total Assets | $4.9M |
| Total Liabilities | $18.4M |
| Net Assets | $-13,417,242 |
| Operating Margin | -9.6% |
| Debt-to-Asset Ratio | 371.3% |
| Months of Reserves | 3.3 months |
Financial Health Grade: C
In 2015, Johnson Evergreen Corporation reported a deficit of $1.6M with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 371.3% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Johnson Evergreen Corporation's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -0.9% | -8.4% | -12.0% |
| 2014 | +3.5% | +1.8% | -31.2% |
| 2013 | -4.1% | +8.7% | -30.3% |
| 2012 | -4.7% | +0.8% | -7.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Johnson Evergreen Corporation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 60%
- fundraising: 15%
According to IRS 990 filings, Johnson Evergreen Corporation allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 371.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual and warrants further investigation into how leadership is compensated or if this is a reporting anomaly.
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 Johnson Evergreen Corporation's IRS 990 filings:
- Consistent decline in total assets over five years, from $12,616,260 in 2011 to $4,946,323 in 2015, without clear explanation.
- Reporting 0% compensation for officers, directors, trustees, and key employees across all years, which is highly improbable for an organization with reported revenues.
- Expenses consistently exceed revenues, indicating a reliance on existing assets or other undisclosed funding sources, leading to a net loss each year.
Strengths
The following positive indicators were identified for Johnson Evergreen Corporation:
- Consistent revenue generation over $16 million annually, indicating a stable funding base or operational capacity.
Frequently Asked Questions about Johnson Evergreen Corporation
Is Johnson Evergreen Corporation a legitimate charity?
Johnson Evergreen Corporation (EIN: 223012385) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 45/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does Johnson Evergreen Corporation spend its money?
Johnson Evergreen Corporation directs 60% of its spending to programs and services. Fundraising costs 15%. This falls below the 65% benchmark.
Are donations to Johnson Evergreen Corporation tax-deductible?
Johnson Evergreen Corporation is registered as a tax-exempt nonprofit (EIN: 223012385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Johnson Evergreen Corporation's spending goes to programs?
Johnson Evergreen Corporation directs 60% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Johnson Evergreen Corporation located?
Johnson Evergreen Corporation is headquartered in Hartford, Connecticut and files with the IRS under EIN 223012385.
How many years of IRS 990 filings does Johnson Evergreen Corporation have?
Johnson Evergreen Corporation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Johnson Evergreen Corporation do?
Johnson Evergreen Corporation is a nonprofit organization in the Unknown sector, located in Hartford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Johnson Evergreen Corporation have?
Johnson Evergreen Corporation reported total revenue of N/A. Based on 5 IRS 990 filings on record.
What are Johnson Evergreen Corporation's total assets?
Johnson Evergreen Corporation holds total assets of N/A as reported in IRS 990 filings.
Where is Johnson Evergreen Corporation located?
Johnson Evergreen Corporation is based in Hartford, Connecticut.
What is Johnson Evergreen Corporation's EIN?
Johnson Evergreen Corporation's Employer Identification Number (EIN) is 223012385. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Johnson Evergreen Corporation?
Johnson Evergreen Corporation is classified under NTEE code Unknown (Unknown).
Is Johnson Evergreen Corporation a registered 501(c)(3)?
Johnson Evergreen Corporation appears in IRS records (EIN: 223012385). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Johnson Evergreen Corporation file IRS Form 990?
Yes, Johnson Evergreen Corporation has 5 IRS Form 990 filings on record. The most recent covers tax period 201509.
What was Johnson Evergreen Corporation's revenue in 2015?
In the 201509 filing period, Johnson Evergreen Corporation reported total revenue of $16,567,765, total expenses of $18,165,995, and net assets of $4,946,323.
Is Johnson Evergreen Corporation's revenue growing or declining?
Johnson Evergreen Corporation's revenue is relatively stable. Revenue went from $16,720,370 (201409) to $16,567,765 (201509), a -0.9% change. Based on 5 filings on record.
What is Johnson Evergreen Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Johnson Evergreen Corporation covers tax period 201509. It shows revenue of $16,567,765, expenses of $18,165,995, total assets of $4,946,323, and liabilities of $18,363,565.
How much does Johnson Evergreen Corporation spend on programs vs administration?
Based on IRS 990 analysis, Johnson Evergreen Corporation allocates approximately 60% of expenses to program services, 25% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Johnson Evergreen Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Johnson Evergreen Corporation shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for Johnson Evergreen Corporation?
The following concerns were identified: Consistent decline in total assets over five years, from $12,616,260 in 2011 to $4,946,323 in 2015, without clear explanation.. Reporting 0% compensation for officers, directors, trustees, and key employees across all years, which is highly improbable for an organization with reported revenues.. Expenses consistently exceed revenues, indicating a reliance on existing assets or other undisclosed funding sources, leading to a net loss each year.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Johnson Evergreen Corporation's strengths?
Positive indicators for Johnson Evergreen Corporation include: Consistent revenue generation over $16 million annually, indicating a stable funding base or operational capacity.. These findings are derived from AI analysis of the organization's financial filings.
How does Johnson Evergreen Corporation compensate executives?
Executive compensation is reported as 0% across all available filings, which is highly unusual and warrants further investigation into how leadership is compensated or if this is a reporting anomaly. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% executive compensation, how does Johnson Evergreen Corporation attract and retain leadership, and what is the actual mechanism for compensating its key personnel?
The reported 0% compensation for key personnel is a significant red flag. It suggests either a highly unusual volunteer-based leadership model for an organization of this size, or that compensation is being reported under different categories or through related entities not immediately apparent in the summary data. Further investigation into detailed IRS Form 990 filings would be necessary to understand the true compensation structure.
What factors are contributing to the continuous decline in total assets, and what is the organization's strategy to reverse this trend or manage its long-term financial stability?
The consistent decline in assets from $12,616,260 in 2011 to $4,946,323 in 2015, coupled with expenses exceeding revenues annually, indicates a depletion of reserves. Without more detailed financial statements, it's unclear if this is due to strategic asset liquidation, operational inefficiencies, or significant one-time expenditures. The organization needs a clear strategy to address this asset erosion to ensure long-term sustainability.
Filing History
IRS 990 filing history for Johnson Evergreen Corporation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Johnson Evergreen Corporation's revenue has declined by 6.3%, moving from $17.7M to $16.6M. Total assets decreased by 60.8% over the same period, from $12.6M to $4.9M. Total functional expenses rose by 2.2%, from $17.8M to $18.2M. In its most recent filing year (2015), Johnson Evergreen Corporation reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $18.4M in liabilities against $4.9M in assets (debt-to-asset ratio: 371.3%), resulting in net assets of $-13,417,242.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $16.6M | $18.2M | $4.9M | $18.4M | — | View 990 |
| 2014 | $16.7M | $19.8M | $5.6M | $17.4M | — | View 990 |
| 2013 | $16.2M | $19.5M | $8.2M | $16.9M | — | View 990 |
| 2012 | $16.9M | $17.9M | $11.7M | $17.1M | — | View 990 |
| 2011 | $17.7M | $17.8M | $12.6M | $16.9M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $16.6M, expenses of $18.2M, and assets of $4.9M (revenue -0.9% year-over-year).
- 2014: Revenue of $16.7M, expenses of $19.8M, and assets of $5.6M (revenue +3.5% year-over-year).
- 2013: Revenue of $16.2M, expenses of $19.5M, and assets of $8.2M (revenue -4.1% year-over-year).
- 2012: Revenue of $16.9M, expenses of $17.9M, and assets of $11.7M (revenue -4.7% year-over-year).
- 2011: Revenue of $17.7M, expenses of $17.8M, and assets of $12.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Johnson Evergreen Corporation:
Data Sources and Methodology
This transparency report for Johnson Evergreen Corporation 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.