Mt Ida Gardens Inc
EIN: 581958234 · Little Rock, AR · NTEE: P73Z
| Metric | Value |
|---|---|
| Total Revenue | $92K |
| Total Expenses | $121K |
| Net Assets | $201K |
Is Mt Ida Gardens Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mt Ida Gardens Inc
Mt Ida Gardens Inc (EIN: 581958234) is a nonprofit organization based in Little Rock, AR, classified under NTEE code P73Z. The organization reported total revenue of $92K and total assets of $246K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Ida Gardens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mt Ida Gardens Inc is a micro nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $121K |
| Surplus / Deficit | $-31,721 |
| Total Assets | $257K |
| Total Liabilities | $56K |
| Net Assets | $201K |
| Operating Margin | -35.4% |
| Debt-to-Asset Ratio | 21.9% |
| Months of Reserves | 25.4 months |
Financial Health Grade: B
In 2023, Mt Ida Gardens Inc reported a deficit of $32K with expenses exceeding revenue, holds 25.4 months of operating reserves (strong position), has a debt-to-asset ratio of 21.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mt Ida Gardens Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | -17.7% | -1.0% |
| 2022 | -0.7% | +88.1% | -12.6% |
| 2021 | -2.3% | -1.9% | +5.4% |
| 2020 | +6.3% | -10.4% | +0.5% |
| 2019 | +4.2% | -16.5% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mt Ida Gardens 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 Mt Ida Gardens 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 deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.9%.
Frequently Asked Questions about Mt Ida Gardens Inc
Is Mt Ida Gardens Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mt Ida Gardens Inc (EIN: 581958234) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mt Ida Gardens Inc spend its money?
Detailed spending breakdown data is not yet available for Mt Ida Gardens Inc. Check back for updated IRS 990 analysis.
Are donations to Mt Ida Gardens Inc tax-deductible?
Mt Ida Gardens Inc is registered as a tax-exempt nonprofit (EIN: 581958234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mt Ida Gardens Inc located?
Mt Ida Gardens Inc is headquartered in Little Rock, Arkansas and files with the IRS under EIN 581958234. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Mt Ida Gardens Inc have?
Mt Ida Gardens Inc has 13 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 $92K in total revenue.
Filing History
IRS 990 filing history for Mt Ida Gardens Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mt Ida Gardens Inc's revenue has grown by 32.4%, moving from $68K to $90K. Total assets decreased by 34.5% over the same period, from $392K to $257K. Total functional expenses rose by 62.9%, from $75K to $121K. In its most recent filing year (2023), Mt Ida Gardens Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $56K in liabilities against $257K in assets (debt-to-asset ratio: 21.9%), resulting in net assets of $201K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $121K | $257K | $56K | — | View 990 |
| 2022 | $92K | $148K | $260K | $27K | — | View 990 |
| 2021 | $92K | $78K | $297K | $9K | — | — |
| 2020 | $95K | $80K | $282K | $8K | — | — |
| 2019 | $89K | $89K | $280K | $21K | — | View 990 |
| 2018 | $85K | $107K | $280K | $20K | — | View 990 |
| 2017 | $88K | $95K | $289K | $7K | — | View 990 |
| 2016 | $86K | $105K | $295K | $7K | — | View 990 |
| 2015 | $87K | $96K | $315K | $8K | — | View 990 |
| 2014 | $88K | $87K | $347K | $31K | — | View 990 |
| 2013 | $84K | $81K | $360K | $44K | — | View 990 |
| 2012 | $83K | $87K | $380K | $67K | — | View 990 |
| 2011 | $68K | $75K | $392K | $76K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $121K, and assets of $257K (revenue -2.3% year-over-year).
- 2022: Revenue of $92K, expenses of $148K, and assets of $260K (revenue -0.7% year-over-year).
- 2021: Revenue of $92K, expenses of $78K, and assets of $297K (revenue -2.3% year-over-year).
- 2020: Revenue of $95K, expenses of $80K, and assets of $282K (revenue +6.3% year-over-year).
- 2019: Revenue of $89K, expenses of $89K, and assets of $280K (revenue +4.2% year-over-year).
- 2018: Revenue of $85K, expenses of $107K, and assets of $280K (revenue -3.2% year-over-year).
- 2017: Revenue of $88K, expenses of $95K, and assets of $289K (revenue +2.8% year-over-year).
- 2016: Revenue of $86K, expenses of $105K, and assets of $295K (revenue -0.8% year-over-year).
- 2015: Revenue of $87K, expenses of $96K, and assets of $315K (revenue -1.4% year-over-year).
- 2014: Revenue of $88K, expenses of $87K, and assets of $347K (revenue +4.3% year-over-year).
- 2013: Revenue of $84K, expenses of $81K, and assets of $360K (revenue +1.2% year-over-year).
- 2012: Revenue of $83K, expenses of $87K, and assets of $380K (revenue +22.8% year-over-year).
- 2011: Revenue of $68K, expenses of $75K, and assets of $392K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mt Ida Gardens Inc:
Data Sources and Methodology
This transparency report for Mt Ida Gardens 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.