Neighborhood Gardens Trust
Neighborhood Gardens Trust: Cultivating Green Spaces in Philadelphia
EIN: 222741750 · Philadelphia, PA · NTEE: C420 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $525K |
| Program Spending | 70% |
| Net Assets | $3.0M |
| Transparency Score | 85/100 |
Is Neighborhood Gardens Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neighborhood Gardens Trust directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Neighborhood Gardens Trust
Neighborhood Gardens Trust (EIN: 222741750) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code C420. The organization reported total revenue of $1.4M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Gardens Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Gardens Trust is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $525K |
| Surplus / Deficit | +$993K |
| Total Assets | $3.0M |
| Total Liabilities | $51K |
| Net Assets | $3.0M |
| Operating Margin | 65.4% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 69.2 months |
Financial Health Grade: A
In 2023, Neighborhood Gardens Trust reported a surplus of $993K with revenue exceeding expenses, holds 69.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Neighborhood Gardens Trust's revenue has grown at a compound annual growth rate (CAGR) of 23.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.1% | +11.4% | +45.9% |
| 2022 | -30.2% | +34.5% | +15.7% |
| 2021 | +133.8% | -7.0% | +76.9% |
| 2020 | +42.2% | -1.7% | +16.6% |
| 2019 | -41.9% | +27.2% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Neighborhood Gardens Trust with a Mission Score of 85 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Neighborhood Gardens Trust allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $993K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Neighborhood Gardens Trust:
- Consistent revenue growth from $180,706 in 2016 to $1,436,407 in 2023, indicating strong donor support and fundraising efforts.
- Healthy asset growth from $530,910 in 2016 to $5,285,262 in 2023, suggesting sound financial management and investment in their mission.
- Low liability-to-asset ratio, with liabilities of $51,036 against assets of $3,029,766 in 2023, indicating financial stability.
Frequently Asked Questions about Neighborhood Gardens Trust
Is Neighborhood Gardens Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Neighborhood Gardens Trust (EIN: 222741750) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Neighborhood Gardens Trust spend its money?
Neighborhood Gardens Trust directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Neighborhood Gardens Trust tax-deductible?
Neighborhood Gardens Trust is registered as a tax-exempt nonprofit (EIN: 222741750). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Neighborhood Gardens Trust's spending goes to programs?
Neighborhood Gardens Trust directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Neighborhood Gardens Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Neighborhood Gardens Trust is above average for NTEE category C420 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Neighborhood Gardens Trust located?
Neighborhood Gardens Trust is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222741750. It is classified under NTEE code C420.
How many years of IRS 990 filings does Neighborhood Gardens Trust have?
Neighborhood Gardens Trust 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 $1.4M in total revenue.
What does Neighborhood Gardens Trust do?
Neighborhood Gardens Trust is a nonprofit organization in the Environment sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code C420.
How much revenue does Neighborhood Gardens Trust have?
Neighborhood Gardens Trust reported total revenue of $1,436,407. Based on 13 IRS 990 filings on record.
What are Neighborhood Gardens Trust's total assets?
Neighborhood Gardens Trust holds total assets of $5,285,262 as reported in IRS 990 filings.
Where is Neighborhood Gardens Trust located?
Neighborhood Gardens Trust is based in Philadelphia, Pennsylvania.
What is Neighborhood Gardens Trust's EIN?
Neighborhood Gardens Trust's Employer Identification Number (EIN) is 222741750. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Neighborhood Gardens Trust?
Neighborhood Gardens Trust is classified under NTEE code C420 (Environment).
Is Neighborhood Gardens Trust a registered 501(c)(3)?
Yes, Neighborhood Gardens Trust is recognized as a tax-exempt organization by the IRS. EIN: 222741750.
Does Neighborhood Gardens Trust file IRS Form 990?
Yes, Neighborhood Gardens Trust has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Neighborhood Gardens Trust's revenue in 2023?
In the 202306 filing period, Neighborhood Gardens Trust reported total revenue of $1,518,420, total expenses of $525,077, and net assets of $3,029,766.
Is Neighborhood Gardens Trust's revenue growing or declining?
Neighborhood Gardens Trust's revenue is growing. Revenue went from $786,202 (202206) to $1,518,420 (202306), a +93.1% change. Based on 13 filings on record.
What is Neighborhood Gardens Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Neighborhood Gardens Trust covers tax period 202306. It shows revenue of $1,518,420, expenses of $525,077, total assets of $3,029,766, and liabilities of $51,036.
How much does Neighborhood Gardens Trust spend on programs vs administration?
Based on IRS 990 analysis, Neighborhood Gardens Trust allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Neighborhood Gardens Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Neighborhood Gardens Trust appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Neighborhood Gardens Trust's strengths?
Positive indicators for Neighborhood Gardens Trust include: Consistent revenue growth from $180,706 in 2016 to $1,436,407 in 2023, indicating strong donor support and fundraising efforts.. Healthy asset growth from $530,910 in 2016 to $5,285,262 in 2023, suggesting sound financial management and investment in their mission.. Low liability-to-asset ratio, with liabilities of $51,036 against assets of $3,029,766 in 2023, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Neighborhood Gardens Trust compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Neighborhood Gardens Trust plan to sustain its rapid asset growth and ensure these assets are effectively utilized for its mission?
The significant increase in assets from $530,910 in 2016 to $5,285,262 in 2023 suggests successful fundraising and potentially land acquisitions. Future filings should detail how these assets are being deployed to further their mission of preserving and supporting community gardens, and what strategies are in place for long-term asset management and utilization.
Filing History
IRS 990 filing history for Neighborhood Gardens Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Neighborhood Gardens Trust's revenue has grown by 1182.8%, moving from $118K to $1.5M. Total assets increased by 500.6% over the same period, from $504K to $3.0M. Total functional expenses rose by 293.7%, from $133K to $525K. In its most recent filing year (2023), Neighborhood Gardens Trust reported a surplus of $993K, with revenue exceeding expenses. The organization holds $51K in liabilities against $3.0M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $525K | $3.0M | $51K | — | View 990 |
| 2022 | $786K | $471K | $2.1M | $91K | — | View 990 |
| 2021 | $1.1M | $351K | $1.8M | $124K | — | View 990 |
| 2020 | $482K | $377K | $1.0M | $120K | — | View 990 |
| 2019 | $339K | $383K | $870K | $81K | — | View 990 |
| 2018 | $584K | $301K | $923K | $89K | — | View 990 |
| 2017 | $225K | $185K | $578K | $27K | — | View 990 |
| 2016 | $181K | $144K | $531K | $20K | — | View 990 |
| 2015 | $145K | $132K | $489K | $16K | — | View 990 |
| 2014 | $105K | $64K | $466K | $5K | — | View 990 |
| 2013 | $41K | $72K | $420K | $550 | — | View 990 |
| 2012 | $47K | $97K | $448K | $27K | — | View 990 |
| 2011 | $118K | $133K | $504K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $525K, and assets of $3.0M (revenue +93.1% year-over-year).
- 2022: Revenue of $786K, expenses of $471K, and assets of $2.1M (revenue -30.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $351K, and assets of $1.8M (revenue +133.8% year-over-year).
- 2020: Revenue of $482K, expenses of $377K, and assets of $1.0M (revenue +42.2% year-over-year).
- 2019: Revenue of $339K, expenses of $383K, and assets of $870K (revenue -41.9% year-over-year).
- 2018: Revenue of $584K, expenses of $301K, and assets of $923K (revenue +158.8% year-over-year).
- 2017: Revenue of $225K, expenses of $185K, and assets of $578K (revenue +24.8% year-over-year).
- 2016: Revenue of $181K, expenses of $144K, and assets of $531K (revenue +24.6% year-over-year).
- 2015: Revenue of $145K, expenses of $132K, and assets of $489K (revenue +38.2% year-over-year).
- 2014: Revenue of $105K, expenses of $64K, and assets of $466K (revenue +155.6% year-over-year).
- 2013: Revenue of $41K, expenses of $72K, and assets of $420K (revenue -11.8% year-over-year).
- 2012: Revenue of $47K, expenses of $97K, and assets of $448K (revenue -60.7% year-over-year).
- 2011: Revenue of $118K, expenses of $133K, and assets of $504K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Gardens Trust:
Data Sources and Methodology
This transparency report for Neighborhood Gardens Trust 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.