Norfolk Botanical Gardens Fdn
EIN: 510244918 · Norfolk, VA · NTEE: C114
Is Norfolk Botanical Gardens Fdn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norfolk Botanical Gardens Fdn
Norfolk Botanical Gardens Fdn (EIN: 510244918) is a nonprofit organization based in Norfolk, VA, classified under NTEE code C114. The organization reported total revenue of $7.4M and total assets of $15.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norfolk Botanical Gardens Fdn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norfolk Botanical Gardens Fdn is a mid-size nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2012–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -267.4% | +3.3% | -3.0% |
| 2022 | -46.2% | -51.7% | -15.4% |
| 2021 | -2.4% | +88.4% | -0.4% |
| 2020 | +92.1% | +3.6% | +6.8% |
| 2019 | -14.9% | -43.1% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norfolk Botanical Gardens Fdn 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 Norfolk Botanical Gardens Fdn 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:
- Debt-to-asset ratio: 3.1%.
Frequently Asked Questions about Norfolk Botanical Gardens Fdn
Is Norfolk Botanical Gardens Fdn a legitimate charity?
Based on AI analysis of IRS 990 filings, Norfolk Botanical Gardens Fdn (EIN: 510244918) insufficient data. 0 red flags identified, 0 strengths noted.
How does Norfolk Botanical Gardens Fdn spend its money?
Detailed spending breakdown data is not yet available for Norfolk Botanical Gardens Fdn. Check back for updated IRS 990 analysis.
Are donations to Norfolk Botanical Gardens Fdn tax-deductible?
Norfolk Botanical Gardens Fdn is registered as a tax-exempt nonprofit (EIN: 510244918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Norfolk Botanical Gardens Fdn showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Norfolk Botanical Gardens Fdn's revenue has declined by 257.8%, moving from $681K to $-1,075,072. Total assets decreased by 7.1% over the same period, from $15.9M to $14.8M. Total functional expenses rose by 4.1%, from $477K to $497K. The organization holds $457K in liabilities against $14.8M in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $14.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-1,075,072 | $497K | $14.8M | $457K | — | — |
| 2022 | $642K | $481K | $15.3M | $678K | — | View 990 |
| 2021 | $1.2M | $994K | $18.0M | $962K | — | View 990 |
| 2020 | $1.2M | $528K | $18.1M | $701K | — | View 990 |
| 2019 | $637K | $509K | $17.0M | $675K | — | View 990 |
| 2018 | $748K | $894K | $16.3M | $920K | — | View 990 |
| 2017 | $461K | $505K | $16.2M | $505K | — | View 990 |
| 2016 | $971K | $464K | $16.4M | $519K | — | View 990 |
| 2015 | $814K | $726K | $15.7M | $561K | — | View 990 |
| 2014 | $865K | $504K | $16.0M | $575K | — | View 990 |
| 2013 | $771K | $405K | $15.7M | $620K | — | View 990 |
| 2012 | $681K | $477K | $15.9M | $620K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-1,075,072, expenses of $497K, and assets of $14.8M (revenue -267.4% year-over-year).
- 2022: Revenue of $642K, expenses of $481K, and assets of $15.3M (revenue -46.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $994K, and assets of $18.0M (revenue -2.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $528K, and assets of $18.1M (revenue +92.1% year-over-year).
- 2019: Revenue of $637K, expenses of $509K, and assets of $17.0M (revenue -14.9% year-over-year).
- 2018: Revenue of $748K, expenses of $894K, and assets of $16.3M (revenue +62.3% year-over-year).
- 2017: Revenue of $461K, expenses of $505K, and assets of $16.2M (revenue -52.5% year-over-year).
- 2016: Revenue of $971K, expenses of $464K, and assets of $16.4M (revenue +19.2% year-over-year).
- 2015: Revenue of $814K, expenses of $726K, and assets of $15.7M (revenue -5.8% year-over-year).
- 2014: Revenue of $865K, expenses of $504K, and assets of $16.0M (revenue +12.1% year-over-year).
- 2013: Revenue of $771K, expenses of $405K, and assets of $15.7M (revenue +13.2% year-over-year).
- 2012: Revenue of $681K, expenses of $477K, and assets of $15.9M.
Data Sources and Methodology
This transparency report for Norfolk Botanical Gardens Fdn 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.