Sarah Ward Nursery Corporation
Sarah Ward Nursery Corp: Revenue Growth Amidst Financial Fluctuations
EIN: 221542344 · Newark, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $10.9M |
| Total Expenses | $3.6M |
| Program Spending | 60% |
| Net Assets | $1.9M |
| Transparency Score | 75/100 |
Is Sarah Ward Nursery Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sarah Ward Nursery Corporation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Sarah Ward Nursery Corporation
Sarah Ward Nursery Corporation (EIN: 221542344) is a nonprofit organization based in Newark, NJ. The organization reported total revenue of $10.9M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sarah Ward Nursery Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sarah Ward Nursery Corporation is a large nonprofit that has been operating for 84 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $2.2M |
| Total Liabilities | $252K |
| Net Assets | $1.9M |
| Operating Margin | 28.2% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2022, Sarah Ward Nursery Corporation reported a surplus of $1.4M with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2022), Sarah Ward Nursery Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +44.0% | +1.7% | +30.6% |
| 2021 | +3.4% | +0.4% | +40.3% |
| 2020 | -11.1% | -5.9% | +35.8% |
| 2019 | -4.3% | -11.6% | -10.6% |
| 2018 | -3.6% | +4.0% | -15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1942 |
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 Sarah Ward Nursery Corporation with a Mission Score of 75 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: 60%
- fundraising: 20%
According to IRS 990 filings, Sarah Ward Nursery Corporation allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.5%.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as no specific compensation figures for executives are included in the financial 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.
Red Flags
The following concerns were identified during AI analysis of Sarah Ward Nursery Corporation's IRS 990 filings:
- Significant fluctuations in net assets, with a notable increase from $1,672,414 in 2021 to $2,184,821 in 2022, warrant further investigation into the underlying causes.
- The provided data does not detail specific program expenses, making it difficult to evaluate the direct impact of funds on the nursery's mission.
Strengths
The following positive indicators were identified for Sarah Ward Nursery Corporation:
- Consistent revenue generation over multiple years, demonstrating financial stability.
- Substantial growth in revenue from $3,477,916 in 2021 to $5,008,275 in 2022, indicating increased financial capacity.
Frequently Asked Questions about Sarah Ward Nursery Corporation
Is Sarah Ward Nursery Corporation a legitimate charity?
Sarah Ward Nursery Corporation (EIN: 221542344) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $10.9M. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Sarah Ward Nursery Corporation spend its money?
Sarah Ward Nursery Corporation directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Sarah Ward Nursery Corporation tax-deductible?
Sarah Ward Nursery Corporation is registered as a tax-exempt nonprofit (EIN: 221542344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sarah Ward Nursery Corporation's spending goes to programs?
Sarah Ward Nursery Corporation directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Sarah Ward Nursery Corporation located?
Sarah Ward Nursery Corporation is headquartered in Newark, New Jersey and files with the IRS under EIN 221542344.
How many years of IRS 990 filings does Sarah Ward Nursery Corporation have?
Sarah Ward Nursery Corporation has 11 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 $10.9M in total revenue.
What does Sarah Ward Nursery Corporation do?
Sarah Ward Nursery Corporation is a nonprofit organization in the Unknown sector, located in Newark, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Sarah Ward Nursery Corporation have?
Sarah Ward Nursery Corporation reported total revenue of $10,859,763. Based on 11 IRS 990 filings on record.
What are Sarah Ward Nursery Corporation's total assets?
Sarah Ward Nursery Corporation holds total assets of $8,934,928 as reported in IRS 990 filings.
Where is Sarah Ward Nursery Corporation located?
Sarah Ward Nursery Corporation is based in Newark, New Jersey.
What is Sarah Ward Nursery Corporation's EIN?
Sarah Ward Nursery Corporation's Employer Identification Number (EIN) is 221542344. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sarah Ward Nursery Corporation?
Sarah Ward Nursery Corporation is classified under NTEE code Unknown (Unknown).
Is Sarah Ward Nursery Corporation a registered 501(c)(3)?
Sarah Ward Nursery Corporation appears in IRS records (EIN: 221542344). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sarah Ward Nursery Corporation file IRS Form 990?
Yes, Sarah Ward Nursery Corporation has 11 IRS Form 990 filings on record. The most recent covers tax period 202206.
What was Sarah Ward Nursery Corporation's revenue in 2022?
In the 202206 filing period, Sarah Ward Nursery Corporation reported total revenue of $5,008,275, total expenses of $3,593,790, and net assets of $2,184,821.
Is Sarah Ward Nursery Corporation's revenue growing or declining?
Sarah Ward Nursery Corporation's revenue is growing. Revenue went from $3,477,916 (202106) to $5,008,275 (202206), a +44.0% change. Based on 11 filings on record.
What is Sarah Ward Nursery Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Sarah Ward Nursery Corporation covers tax period 202206. It shows revenue of $5,008,275, expenses of $3,593,790, total assets of $2,184,821, and liabilities of $251,745.
How much does Sarah Ward Nursery Corporation spend on programs vs administration?
Based on IRS 990 analysis, Sarah Ward Nursery Corporation allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Sarah Ward Nursery Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Sarah Ward Nursery Corporation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Sarah Ward Nursery Corporation?
The following concerns were identified: Significant fluctuations in net assets, with a notable increase from $1,672,414 in 2021 to $2,184,821 in 2022, warrant further investigation into the underlying causes.. The provided data does not detail specific program expenses, making it difficult to evaluate the direct impact of funds on the nursery's mission.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Sarah Ward Nursery Corporation's strengths?
Positive indicators for Sarah Ward Nursery Corporation include: Consistent revenue generation over multiple years, demonstrating financial stability.. Substantial growth in revenue from $3,477,916 in 2021 to $5,008,275 in 2022, indicating increased financial capacity.. These findings are derived from AI analysis of the organization's financial filings.
How does Sarah Ward Nursery Corporation compensate executives?
Executive compensation cannot be assessed from the provided data, as no specific compensation figures for executives are included in the financial filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant increase in revenue from $3.48 million in 2021 to $5.01 million in 2022, and how were these additional funds allocated?
The provided data shows a substantial revenue increase, but the specific drivers (e.g., new grants, increased donations, program expansion) and the detailed allocation of these new funds are not itemized, requiring a deeper dive into narrative reports or more detailed financial statements.
Filing History
IRS 990 filing history for Sarah Ward Nursery Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Sarah Ward Nursery Corporation's revenue has grown by 33.5%, moving from $3.8M to $5.0M. Total assets increased by 110.9% over the same period, from $1.0M to $2.2M. Total functional expenses fell by 7.5%, from $3.9M to $3.6M. In its most recent filing year (2022), Sarah Ward Nursery Corporation reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $252K in liabilities against $2.2M in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $5.0M | $3.6M | $2.2M | $252K | — | View 990 |
| 2021 | $3.5M | $3.5M | $1.7M | $1.2M | — | View 990 |
| 2020 | $3.4M | $3.5M | $1.2M | $619K | — | View 990 |
| 2019 | $3.8M | $3.7M | $877K | $144K | — | View 990 |
| 2018 | $4.0M | $4.2M | $981K | $287K | — | View 990 |
| 2017 | $4.1M | $4.1M | $1.2M | $190K | — | View 990 |
| 2016 | $3.8M | $4.0M | $1.1M | $126K | — | View 990 |
| 2015 | $4.0M | $3.9M | $1.2M | $64K | — | View 990 |
| 2014 | $3.7M | $3.8M | $1.1M | $92K | — | View 990 |
| 2013 | $4.0M | $3.9M | $1.1M | $11K | — | View 990 |
| 2012 | $3.8M | $3.9M | $1.0M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $5.0M, expenses of $3.6M, and assets of $2.2M (revenue +44.0% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.5M, and assets of $1.7M (revenue +3.4% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.5M, and assets of $1.2M (revenue -11.1% year-over-year).
- 2019: Revenue of $3.8M, expenses of $3.7M, and assets of $877K (revenue -4.3% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.2M, and assets of $981K (revenue -3.6% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.1M, and assets of $1.2M (revenue +6.8% year-over-year).
- 2016: Revenue of $3.8M, expenses of $4.0M, and assets of $1.1M (revenue -3.3% year-over-year).
- 2015: Revenue of $4.0M, expenses of $3.9M, and assets of $1.2M (revenue +8.2% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.8M, and assets of $1.1M (revenue -7.6% year-over-year).
- 2013: Revenue of $4.0M, expenses of $3.9M, and assets of $1.1M (revenue +5.8% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.9M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sarah Ward Nursery Corporation:
Data Sources and Methodology
This transparency report for Sarah Ward Nursery Corporation 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.