The Garage Community And Youth Center

Is The Garage Community And Youth Center Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

The Garage Community And Youth Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Garage Community And Youth Center

The Garage Community And Youth Center (EIN: 100007967) is a nonprofit organization based in Kennett Sq, PA, classified under NTEE code B99. The organization reported total revenue of $1.4M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Garage Community And Youth Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Garage Community And Youth Center with a Mission Score of 90 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, The Garage Community And Youth Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is highly favorable for donor perception and resource allocation to programs.

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.

Strengths

The following positive indicators were identified for The Garage Community And Youth Center:

• Consistent revenue growth, increasing from $824,331 in 2019 to $1,573,583 in 2023.
• Strong asset growth, from $837,136 in 2019 to $2,737,510 in 2023.
• No reported officer compensation across all filings, indicating efficient use of funds for mission.
• Healthy financial surpluses, with revenue consistently exceeding expenses.
• Low liabilities relative to assets, demonstrating strong financial health.

Frequently Asked Questions about The Garage Community And Youth Center

Filing History

IRS 990 filing history for The Garage Community And Youth Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Garage Community And Youth Center's revenue has grown by 99.8%, moving from $787K to $1.6M. Total assets increased by 389.4% over the same period, from $559K to $2.7M. Total functional expenses rose by 95%, from $536K to $1.0M. In its most recent filing year (2023), The Garage Community And Youth Center reported a surplus of $527K, with revenue exceeding expenses. The organization holds $78K in liabilities against $2.7M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $2.7M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.6M, expenses of $1.0M, and assets of $2.7M (revenue +21.9% year-over-year).
• 2022: Revenue of $1.3M, expenses of $844K, and assets of $2.2M (revenue -12.5% year-over-year).
• 2021: Revenue of $1.5M, expenses of $841K, and assets of $2.2M (revenue +34.5% year-over-year).
• 2020: Revenue of $1.1M, expenses of $849K, and assets of $1.1M (revenue +33.0% year-over-year).
• 2019: Revenue of $824K, expenses of $746K, and assets of $837K (revenue -2.7% year-over-year).
• 2018: Revenue of $847K, expenses of $824K, and assets of $726K (revenue +18.4% year-over-year).
• 2017: Revenue of $715K, expenses of $823K, and assets of $708K (revenue -13.2% year-over-year).
• 2016: Revenue of $824K, expenses of $779K, and assets of $824K (revenue -4.8% year-over-year).
• 2015: Revenue of $865K, expenses of $842K, and assets of $878K (revenue +16.9% year-over-year).
• 2014: Revenue of $741K, expenses of $698K, and assets of $833K (revenue -15.7% year-over-year).
• 2013: Revenue of $879K, expenses of $702K, and assets of $788K (revenue +27.4% year-over-year).
• 2012: Revenue of $690K, expenses of $634K, and assets of $609K (revenue -12.4% year-over-year).
• 2011: Revenue of $787K, expenses of $536K, and assets of $559K.

Data Sources and Methodology

This transparency report for The Garage Community And Youth Center 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.