The Evergreen Foundation
The Evergreen Foundation consistently operates at a deficit, relying on a growing asset base and no executive compensation.
EIN: 161472048 · Buffalo, NY · NTEE: T30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $4.0M |
| Transparency Score | 85/100 |
Is The Evergreen Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Evergreen Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Evergreen Foundation
The Evergreen Foundation (EIN: 161472048) is a nonprofit organization based in Buffalo, NY, classified under NTEE code T30Z. The organization reported total revenue of $2.1M and total assets of $20.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Evergreen Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Evergreen Foundation is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-72,844 |
| Total Assets | $19.9M |
| Total Liabilities | $16.0M |
| Net Assets | $4.0M |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 80.1% |
| Months of Reserves | 108.8 months |
Financial Health Grade: C
In 2023, The Evergreen Foundation reported a deficit of $73K with expenses exceeding revenue, holds 108.8 months of operating reserves (strong position), has a debt-to-asset ratio of 80.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Evergreen Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.4% | +0.9% | +0.2% |
| 2022 | -12.0% | -0.1% | +0.5% |
| 2021 | +9.1% | +0.7% | -3.3% |
| 2020 | +7.2% | +17.1% | +2.6% |
| 2019 | -24.0% | -22.8% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 The Evergreen Foundation 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Evergreen Foundation 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 $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 80.1%.
Executive Compensation Analysis
The Evergreen Foundation consistently reports 0% officer compensation across all 13 filings, indicating that no portion of its revenue is allocated to executive salaries, which is highly commendable for a foundation of its size with over $2 million in annual revenue.
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 The Evergreen Foundation's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023, 2022, 2021 expenses exceeded revenue).
- High proportion of liabilities relative to total assets (e.g., $15,980,975 liabilities vs. $19,941,800 assets in 2023).
Strengths
The following positive indicators were identified for The Evergreen Foundation:
- Zero officer compensation reported across all 13 filings, indicating strong commitment to mission and transparency.
- Significant growth in assets over the past decade, from $5.8 million in 2014 to over $20 million currently.
- Long filing history (13 filings) demonstrates consistent operation and compliance.
Frequently Asked Questions about The Evergreen Foundation
Is The Evergreen Foundation a legitimate charity?
The Evergreen Foundation (EIN: 161472048) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does The Evergreen Foundation spend its money?
The Evergreen Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Evergreen Foundation tax-deductible?
The Evergreen Foundation is registered as a tax-exempt nonprofit (EIN: 161472048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Evergreen Foundation CEO make?
The Evergreen Foundation's highest-compensated officer earns $2 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Evergreen Foundation's spending goes to programs?
The Evergreen Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does The Evergreen Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Evergreen Foundation is above average for NTEE category T30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Evergreen Foundation located?
The Evergreen Foundation is headquartered in Buffalo, New York and files with the IRS under EIN 161472048. It is classified under NTEE code T30Z.
How many years of IRS 990 filings does The Evergreen Foundation have?
The Evergreen Foundation 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 $2.1M in total revenue.
Is The Evergreen Foundation financially sustainable given its recurring operational deficits?
The Evergreen Foundation has consistently reported expenses exceeding revenues in recent years (e.g., $2,199,026 expenses vs. $2,126,182 revenue in 2023). While it possesses a substantial asset base ($20,742,766 in latest assets), this trend suggests reliance on reserves or non-operating income to cover costs, which may not be sustainable long-term without a shift in financial strategy.
How does the organization manage its significant liabilities?
The organization's liabilities have grown significantly, reaching $15,980,975 in 2023 against assets of $19,941,800. This indicates a highly leveraged financial structure, and understanding the nature of these liabilities (e.g., program-related investments, debt) is crucial for assessing financial risk.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. To fully assess spending efficiency, it would be necessary to see the exact percentages allocated to program services, management and general, and fundraising activities.
Filing History
IRS 990 filing history for The Evergreen Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Evergreen Foundation's revenue has grown by 112%, moving from $1.0M to $2.1M. Total assets increased by 620.4% over the same period, from $2.8M to $19.9M. Total functional expenses rose by 184.2%, from $774K to $2.2M. In its most recent filing year (2023), The Evergreen Foundation reported a deficit of $73K, with expenses exceeding revenue. The organization holds $16.0M in liabilities against $19.9M in assets (debt-to-asset ratio: 80.1%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.2M | $19.9M | $16.0M | — | — |
| 2022 | $1.6M | $2.2M | $19.9M | $15.7M | — | View 990 |
| 2021 | $1.8M | $2.2M | $19.8M | $16.3M | — | View 990 |
| 2020 | $1.7M | $2.2M | $20.5M | $17.1M | — | — |
| 2019 | $1.6M | $1.9M | $20.0M | $15.5M | — | View 990 |
| 2018 | $2.1M | $2.4M | $22.1M | $16.9M | — | View 990 |
| 2017 | $3.1M | $2.7M | $18.3M | $12.9M | — | View 990 |
| 2016 | $3.3M | $2.1M | $16.9M | $11.9M | — | View 990 |
| 2015 | $4.5M | $2.6M | $6.1M | $2.3M | — | View 990 |
| 2014 | $3.5M | $1.9M | $5.9M | $4.0M | — | View 990 |
| 2013 | $1.3M | $1.4M | $3.5M | $3.2M | — | View 990 |
| 2012 | $789K | $881K | $2.7M | $2.4M | — | View 990 |
| 2011 | $1.0M | $774K | $2.8M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.2M, and assets of $19.9M (revenue +31.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.2M, and assets of $19.9M (revenue -12.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $2.2M, and assets of $19.8M (revenue +9.1% year-over-year).
- 2020: Revenue of $1.7M, expenses of $2.2M, and assets of $20.5M (revenue +7.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.9M, and assets of $20.0M (revenue -24.0% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.4M, and assets of $22.1M (revenue -34.2% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.7M, and assets of $18.3M (revenue -5.7% year-over-year).
- 2016: Revenue of $3.3M, expenses of $2.1M, and assets of $16.9M (revenue -26.7% year-over-year).
- 2015: Revenue of $4.5M, expenses of $2.6M, and assets of $6.1M (revenue +29.6% year-over-year).
- 2014: Revenue of $3.5M, expenses of $1.9M, and assets of $5.9M (revenue +164.8% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $3.5M (revenue +67.8% year-over-year).
- 2012: Revenue of $789K, expenses of $881K, and assets of $2.7M (revenue -21.3% year-over-year).
- 2011: Revenue of $1.0M, expenses of $774K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Evergreen Foundation:
Data Sources and Methodology
This transparency report for The Evergreen Foundation 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.