Mead Botanical Garden Inc
Mead Botanical Garden Inc consistently operates with surpluses and reports no officer compensation.
EIN: 200198427 · Winter Park, FL · NTEE: N32 · Updated: 2026-03-28
Is Mead Botanical Garden Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mead Botanical Garden Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mead Botanical Garden Inc
Mead Botanical Garden Inc (EIN: 200198427) is a nonprofit organization based in Winter Park, FL, classified under NTEE code N32. The organization reported total revenue of $680K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mead Botanical Garden Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mead Botanical Garden Inc is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 22.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $505K |
| Total Expenses | $459K |
| Surplus / Deficit | +$46K |
| Total Assets | $1.6M |
| Total Liabilities | $100K |
| Net Assets | $1.5M |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 6.4% |
| Months of Reserves | 41.2 months |
Financial Health Grade: A
In 2023, Mead Botanical Garden Inc reported a surplus of $46K with revenue exceeding expenses, holds 41.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Mead Botanical Garden Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +13.7% | +3.7% |
| 2022 | -7.4% | +15.1% | +3.8% |
| 2021 | +75.9% | +12.2% | +17.1% |
| 2020 | -26.5% | -24.8% | -4.3% |
| 2019 | -14.9% | -3.1% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mead Botanical Garden Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mead Botanical Garden Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.4%.
Executive Compensation Analysis
Mead Botanical Garden Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is highly unusual for an organization of its size with assets exceeding $1.5 million and suggests a volunteer-led or very lean administrative structure, maximizing resources for its mission.
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 Mead Botanical Garden Inc:
- Consistent financial surpluses, such as $45,904 in 2023 and $46,907 in 2022, indicating strong financial management.
- Zero officer compensation reported across all filings, maximizing funds for program services.
- Steady growth in assets from $1,096,952 in 2014 to $1,577,150 in 2023, demonstrating long-term financial health.
- Low liabilities relative to assets, indicating a stable financial position (e.g., $100,207 liabilities vs. $1,577,150 assets in 2023).
- Consistent IRS 990 filings over 14 periods, indicating strong transparency and compliance.
Frequently Asked Questions about Mead Botanical Garden Inc
Is Mead Botanical Garden Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mead Botanical Garden Inc (EIN: 200198427) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Mead Botanical Garden Inc spend its money?
Mead Botanical Garden Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mead Botanical Garden Inc tax-deductible?
Mead Botanical Garden Inc is registered as a tax-exempt nonprofit (EIN: 200198427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mead Botanical Garden Inc a good charity?
Based on the provided financial data, Mead Botanical Garden Inc appears to be a very good charity. It consistently operates with surpluses, has growing assets, and notably reports 0% officer compensation, suggesting a strong dedication of resources to its mission.
How has Mead Botanical Garden Inc's financial health changed over time?
Mead Botanical Garden Inc has shown consistent financial growth and stability. Assets have increased from $1,096,952 in 2014 to $1,577,150 in 2023, and revenue has generally exceeded expenses, indicating healthy operations and prudent financial management over the past decade.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, as it consistently reports 0% officer compensation in all available IRS 990 filings. This means no salaries are paid to officers, which is a significant indicator of efficiency and mission focus.
Filing History
IRS 990 filing history for Mead Botanical Garden Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Mead Botanical Garden Inc's revenue has grown by 1326.8%, moving from $35K to $505K. Total assets increased by 1197.9% over the same period, from $122K to $1.6M. Total functional expenses rose by 1062.8%, from $39K to $459K. In its most recent filing year (2023), Mead Botanical Garden Inc reported a surplus of $46K, with revenue exceeding expenses. The organization holds $100K in liabilities against $1.6M in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $505K | $459K | $1.6M | $100K | — | View 990 |
| 2022 | $451K | $404K | $1.5M | $90K | — | View 990 |
| 2021 | $487K | $351K | $1.5M | $100K | — | View 990 |
| 2020 | $277K | $313K | $1.3M | $22K | — | — |
| 2019 | $377K | $416K | $1.3M | $42K | — | View 990 |
| 2018 | $442K | $429K | $1.4M | $17K | — | View 990 |
| 2017 | $444K | $446K | $1.4M | $8K | — | View 990 |
| 2016 | $540K | $369K | $1.4M | $2K | — | View 990 |
| 2015 | $449K | $357K | $1.2M | $0 | — | View 990 |
| 2014 | $348K | $261K | $1.1M | $14 | — | View 990 |
| 2013 | $195K | $148K | $967K | $5K | — | View 990 |
| 2012 | $326K | $98K | $879K | $4K | — | View 990 |
| 2011 | $372K | $116K | $472K | $47K | — | View 990 |
| 2010 | $35K | $39K | $122K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $505K, expenses of $459K, and assets of $1.6M (revenue +12.0% year-over-year).
- 2022: Revenue of $451K, expenses of $404K, and assets of $1.5M (revenue -7.4% year-over-year).
- 2021: Revenue of $487K, expenses of $351K, and assets of $1.5M (revenue +75.9% year-over-year).
- 2020: Revenue of $277K, expenses of $313K, and assets of $1.3M (revenue -26.5% year-over-year).
- 2019: Revenue of $377K, expenses of $416K, and assets of $1.3M (revenue -14.9% year-over-year).
- 2018: Revenue of $442K, expenses of $429K, and assets of $1.4M (revenue -0.5% year-over-year).
- 2017: Revenue of $444K, expenses of $446K, and assets of $1.4M (revenue -17.7% year-over-year).
- 2016: Revenue of $540K, expenses of $369K, and assets of $1.4M (revenue +20.2% year-over-year).
- 2015: Revenue of $449K, expenses of $357K, and assets of $1.2M (revenue +29.2% year-over-year).
- 2014: Revenue of $348K, expenses of $261K, and assets of $1.1M (revenue +78.4% year-over-year).
- 2013: Revenue of $195K, expenses of $148K, and assets of $967K (revenue -40.2% year-over-year).
- 2012: Revenue of $326K, expenses of $98K, and assets of $879K (revenue -12.4% year-over-year).
- 2011: Revenue of $372K, expenses of $116K, and assets of $472K (revenue +951.4% year-over-year).
- 2010: Revenue of $35K, expenses of $39K, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mead Botanical Garden Inc:
Data Sources and Methodology
This transparency report for Mead Botanical Garden 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.