Plymouth Gardens Inc
Plymouth Gardens Inc. shows consistent operating deficits but a significant, unexplained increase in assets.
EIN: 160904454 · Rochester, NY · NTEE: L22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.8M |
| Program Spending | 70% |
| Net Assets | $132K |
| Transparency Score | 65/100 |
Is Plymouth Gardens Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plymouth Gardens Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Plymouth Gardens Inc
Plymouth Gardens Inc (EIN: 160904454) is a nonprofit organization based in Rochester, NY, classified under NTEE code L22Z. The organization reported total revenue of $2.7M and total assets of $30.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plymouth Gardens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plymouth Gardens Inc is a mid-size nonprofit that has been operating for 61 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-337,853 |
| Total Assets | $4.3M |
| Total Liabilities | $4.1M |
| Net Assets | $132K |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 96.9% |
| Months of Reserves | 18.2 months |
Financial Health Grade: C
In 2023, Plymouth Gardens Inc reported a deficit of $338K with expenses exceeding revenue, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 96.9% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Plymouth Gardens Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +12.1% | -0.6% |
| 2022 | +5.3% | +1.3% | -5.9% |
| 2021 | -7.4% | +4.2% | -6.0% |
| 2020 | +13.5% | -2.4% | -0.4% |
| 2019 | +1.8% | +4.4% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Plymouth Gardens Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Plymouth Gardens Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. 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 deficit of $338K, with expenses exceeding revenue.
- Debt-to-asset ratio: 96.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either a volunteer-led organization or that executive salaries are categorized differently, which enhances perceived efficiency but could obscure true leadership costs.
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 Plymouth Gardens Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $337,853 in 2023, $193,703 in 2022) indicate spending more than earned from operations.
- Unexplained, dramatic increase in assets from $4.26M in 2023 to $30.48M in the latest period without a corresponding revenue surge.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary hinders full spending efficiency assessment.
Strengths
The following positive indicators were identified for Plymouth Gardens Inc:
- Consistent operational activity and revenue generation over a decade.
- No reported officer compensation, suggesting low executive overhead or volunteer leadership.
- Substantial asset base ($30.48M) provides financial stability, assuming the source is sustainable.
Frequently Asked Questions about Plymouth Gardens Inc
Is Plymouth Gardens Inc a legitimate charity?
Plymouth Gardens Inc (EIN: 160904454) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.7M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Plymouth Gardens Inc spend its money?
Plymouth Gardens Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Plymouth Gardens Inc tax-deductible?
Plymouth Gardens Inc is registered as a tax-exempt nonprofit (EIN: 160904454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Plymouth Gardens Inc's spending goes to programs?
Plymouth Gardens Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Plymouth Gardens Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Plymouth Gardens Inc is above average for NTEE category L22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Plymouth Gardens Inc located?
Plymouth Gardens Inc is headquartered in Rochester, New York and files with the IRS under EIN 160904454. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Plymouth Gardens Inc have?
Plymouth Gardens Inc has 12 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 $2.7M in total revenue.
What is the source of the significant increase in assets from $4.26M in 2023 to $30.48M in the latest period?
The provided data does not specify the reason for this substantial asset increase. It could be due to a large donation, a capital investment, or a revaluation of existing assets, and would require reviewing the full IRS 990 filing for clarification.
How does Plymouth Gardens Inc. cover its consistent operating deficits, such as the $337,853 deficit in 2023?
The organization likely covers these deficits through drawing down reserves, investment income, or other non-operating revenue sources not detailed in the summary, or through the significant asset increase observed in the latest period.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these expense categories, making it difficult to precisely assess spending efficiency. A full IRS 990 filing would contain this information.
Is the 0% officer compensation truly indicative of no executive salaries, or are these costs reported elsewhere?
While the filings state 0% officer compensation, it's possible that executive salaries are reported under other expense lines (e.g., 'salaries and wages') rather than specifically as 'officer compensation,' which would require reviewing the full 990 for clarity.
Filing History
IRS 990 filing history for Plymouth Gardens Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Plymouth Gardens Inc's revenue has grown by 21.3%, moving from $2.0M to $2.5M. Total assets decreased by 32.3% over the same period, from $6.3M to $4.3M. Total functional expenses rose by 34.8%, from $2.1M to $2.8M. In its most recent filing year (2023), Plymouth Gardens Inc reported a deficit of $338K, with expenses exceeding revenue. The organization holds $4.1M in liabilities against $4.3M in assets (debt-to-asset ratio: 96.9%), resulting in net assets of $132K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.8M | $4.3M | $4.1M | — | View 990 |
| 2022 | $2.3M | $2.5M | $4.3M | $3.8M | — | View 990 |
| 2021 | $2.2M | $2.5M | $4.6M | $3.9M | — | View 990 |
| 2020 | $2.4M | $2.4M | $4.9M | $3.9M | — | View 990 |
| 2019 | $2.1M | $2.4M | $4.9M | $3.9M | — | View 990 |
| 2018 | $2.0M | $2.3M | $5.1M | $3.8M | — | View 990 |
| 2017 | $2.0M | $2.2M | $5.4M | $3.8M | — | View 990 |
| 2016 | $2.0M | $2.1M | $5.8M | $4.0M | — | View 990 |
| 2015 | $2.1M | $2.1M | $5.9M | $4.1M | — | View 990 |
| 2014 | $2.0M | $2.1M | $6.1M | $4.1M | — | View 990 |
| 2013 | $2.0M | $2.1M | $6.2M | $4.2M | — | View 990 |
| 2012 | $2.0M | $2.1M | $6.3M | $4.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.8M, and assets of $4.3M (revenue +6.9% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.5M, and assets of $4.3M (revenue +5.3% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.5M, and assets of $4.6M (revenue -7.4% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.4M, and assets of $4.9M (revenue +13.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.4M, and assets of $4.9M (revenue +1.8% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.3M, and assets of $5.1M (revenue +0.7% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.2M, and assets of $5.4M (revenue +1.1% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.1M, and assets of $5.8M (revenue -2.3% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $5.9M (revenue +0.8% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.1M, and assets of $6.1M (revenue +0.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.1M, and assets of $6.2M (revenue +0.2% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.1M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plymouth Gardens Inc:
Data Sources and Methodology
This transparency report for Plymouth 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.