Queens Botanical Garden Society Inc
Queens Botanical Garden Society reports significant revenue surplus in 2023 after years of fluctuating finances.
EIN: 111635083 · Flushing, NY · NTEE: C410 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $5.3M |
| Program Spending | 80% |
| Net Assets | $11.6M |
| Transparency Score | 85/100 |
Is Queens Botanical Garden Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Queens Botanical Garden Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Queens Botanical Garden Society Inc
Queens Botanical Garden Society Inc (EIN: 111635083) is a nonprofit organization based in Flushing, NY, classified under NTEE code C410. The organization reported total revenue of $7.1M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queens Botanical Garden Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queens Botanical Garden Society Inc is a mid-size nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.7M |
| Total Expenses | $5.3M |
| Surplus / Deficit | +$8.4M |
| Total Assets | $13.3M |
| Total Liabilities | $1.7M |
| Net Assets | $11.6M |
| Operating Margin | 61.3% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 30.1 months |
Financial Health Grade: A
In 2023, Queens Botanical Garden Society Inc reported a surplus of $8.4M with revenue exceeding expenses, holds 30.1 months of operating reserves (strong position), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Queens Botanical Garden Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.9% | -13.8% | -46.3% |
| 2022 | +61.1% | +11.5% | +4.6% |
| 2021 | -17.7% | -1.3% | -5.4% |
| 2020 | -3.8% | -11.8% | +1.1% |
| 2019 | +5.9% | +8.1% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1948 |
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 Queens Botanical Garden Society Inc 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: 80%
- fundraising: 5%
According to IRS 990 filings, Queens Botanical Garden Society Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $8.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong commitment to directing funds to the mission or that officers are compensated through other means not categorized as 'officer compensation' on the 990.
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 Queens Botanical Garden Society Inc's IRS 990 filings:
- Significant fluctuation in assets over time, with a notable decrease from $25,645,192 in 201606 to $13,336,874 in 202306, which could indicate asset sales or revaluation.
- Periods where expenses exceeded revenue (e.g., 202106 with $5,541,080 expenses vs. $4,515,134 revenue), indicating potential reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Queens Botanical Garden Society Inc:
- Exceptional revenue growth in the latest filing (202306) to $13,740,602, significantly exceeding expenses.
- Consistent reporting of 0% officer compensation, indicating a strong commitment to mission-focused spending and transparency regarding executive pay.
- Relatively low and stable liabilities across all reporting periods, suggesting good financial management and low debt burden.
- Strong asset base, even with recent fluctuations, providing a solid foundation for operations.
Frequently Asked Questions about Queens Botanical Garden Society Inc
Is Queens Botanical Garden Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Queens Botanical Garden Society Inc (EIN: 111635083) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Queens Botanical Garden Society Inc spend its money?
Queens Botanical Garden Society Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Queens Botanical Garden Society Inc tax-deductible?
Queens Botanical Garden Society Inc is registered as a tax-exempt nonprofit (EIN: 111635083). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Queens Botanical Garden Society Inc's spending goes to programs?
Queens Botanical Garden Society Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Queens Botanical Garden Society Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Queens Botanical Garden Society Inc is above average for NTEE category C410 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Queens Botanical Garden Society Inc located?
Queens Botanical Garden Society Inc is headquartered in Flushing, New York and files with the IRS under EIN 111635083. It is classified under NTEE code C410.
How many years of IRS 990 filings does Queens Botanical Garden Society Inc have?
Queens Botanical Garden Society 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 $7.1M in total revenue.
Is Queens Botanical Garden Society Inc. financially stable?
Yes, the organization appears financially stable, especially given the significant revenue surplus in the 202306 period ($13,740,602 revenue vs. $5,323,911 expenses) and relatively low liabilities compared to assets.
How has the organization's revenue trended over time?
Revenue has fluctuated significantly, ranging from a low of $3,768,608 in 201406 to a high of $13,740,602 in 202306, showing periods of both growth and decline, with the latest period being exceptionally strong.
What is the trend in the organization's assets?
Assets have shown a downward trend in recent years, from a peak of $25,645,192 in 201606 to $13,336,874 in 202306, which warrants further investigation into the reasons for this decrease.
Filing History
IRS 990 filing history for Queens Botanical Garden Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Queens Botanical Garden Society Inc's revenue has grown by 279.1%, moving from $3.6M to $13.7M. Total assets decreased by 39.3% over the same period, from $22.0M to $13.3M. Total functional expenses rose by 41.5%, from $3.8M to $5.3M. In its most recent filing year (2023), Queens Botanical Garden Society Inc reported a surplus of $8.4M, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $13.3M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $11.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.7M | $5.3M | $13.3M | $1.7M | — | — |
| 2022 | $7.3M | $6.2M | $24.8M | $2.0M | — | View 990 |
| 2021 | $4.5M | $5.5M | $23.7M | $2.6M | — | View 990 |
| 2020 | $5.5M | $5.6M | $25.1M | $3.0M | — | View 990 |
| 2019 | $5.7M | $6.4M | $24.8M | $2.0M | — | View 990 |
| 2018 | $5.4M | $5.9M | $25.2M | $1.9M | — | View 990 |
| 2017 | $5.5M | $5.6M | $25.5M | $2.0M | — | View 990 |
| 2016 | $5.6M | $5.1M | $25.6M | $1.9M | — | View 990 |
| 2015 | $7.5M | $4.2M | $25.2M | $1.7M | — | View 990 |
| 2014 | $3.8M | $3.8M | $21.8M | $1.6M | — | View 990 |
| 2013 | $3.9M | $4.0M | $21.8M | $1.6M | — | View 990 |
| 2012 | $3.8M | $3.9M | $22.1M | $1.9M | — | View 990 |
| 2011 | $3.6M | $3.8M | $22.0M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.7M, expenses of $5.3M, and assets of $13.3M (revenue +88.9% year-over-year).
- 2022: Revenue of $7.3M, expenses of $6.2M, and assets of $24.8M (revenue +61.1% year-over-year).
- 2021: Revenue of $4.5M, expenses of $5.5M, and assets of $23.7M (revenue -17.7% year-over-year).
- 2020: Revenue of $5.5M, expenses of $5.6M, and assets of $25.1M (revenue -3.8% year-over-year).
- 2019: Revenue of $5.7M, expenses of $6.4M, and assets of $24.8M (revenue +5.9% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.9M, and assets of $25.2M (revenue -1.4% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.6M, and assets of $25.5M (revenue -2.5% year-over-year).
- 2016: Revenue of $5.6M, expenses of $5.1M, and assets of $25.6M (revenue -25.0% year-over-year).
- 2015: Revenue of $7.5M, expenses of $4.2M, and assets of $25.2M (revenue +97.9% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.8M, and assets of $21.8M (revenue -3.9% year-over-year).
- 2013: Revenue of $3.9M, expenses of $4.0M, and assets of $21.8M (revenue +3.7% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.9M, and assets of $22.1M (revenue +4.3% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.8M, and assets of $22.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queens Botanical Garden Society Inc:
Data Sources and Methodology
This transparency report for Queens Botanical Garden Society 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.