Abe's Garden
Nonprofit profile at a glance
- EIN
- 061818302
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Nashville, TN, USA
- Phone
- 6159973030
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $18,938,902
- Expenses
- $15,280,071
- Assets
- $50,403,705
- Liabilities
- $22,881,901
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- SUSANNAH DWYER (CEO)
Highest reported compensation
- SUSANNAH DWYER (CEO): $371,285 total reported compensation
- MARYBETH WATSON (SENIOR DIRECTOR OF HEARTHSTONE INSTITUTE): $171,990 total reported compensation
- CHRIS COELHO (COO): $167,362 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of abe's garden is to establish a replicable model for senior life that is focused on brain health, wellness and purposeful living.
What it reported doing in 2024
Abe's garden community provides services to improve engagement, personal support, and the quality of life for older adults locally and nationally. These services are provided on a residential campus, through home care, advising other organizations, and through educational sessions. We have had over 47,000 total residential nights through independent living, assisted living, and memory support services. The home care program has benefited the lives of over 75 people throughout middle Tennessee. The blend of services have allowed people to continue to live in place or have a smooth transition from one level of care to another. Abe's garden community continues to participate in research with universities related to medication reduction and integrate an array of services from local universities and hospitals to benefit the people that are part of the community.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 83
- Accountability: 94
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.1%; rating input score 64
- Program expense ratio: 80.3%; rating input score 80
- Fundraising efficiency: $6.89 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 21st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19.3%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 3.3; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 8.9%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 10.2% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 64.1% of revenue deployed · 80.3% of spending went to programs
- Governance: 16 of 18 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $12.3M in reported program spending
- Leadership: top reported pay $371K · 26 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $1.7M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 28/100.
- High — Sustainability: Officer compensation ratio scored 25/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.