Garden Foundation of Rhode Island Inc
Nonprofit profile at a glance
- EIN
- 270159260
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Kingston, RI, USA
- Phone
- 4018745999
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $20,075
- Expenses
- $8,892
- Assets
- $201,422
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JOHN N PEACOCK (PRESIDENT)
- RUDI HEMPE (VICE PRESIDENT/SECRETARY)
- GARY HOLMSTROM (VICE PRESIDENT)
People named in this filing
- JOHN N PEACOCK (PRESIDENT)
- RUDI HEMPE (VICE PRESIDENT/SECRETARY)
- GAIL WOODWARD (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the garden foundation shall be to promote, raise funds when requested and to manage funds to support horticulture programs of the state of Rhode Island and surronding communities.
What it reported doing in 2024
Funds to provide financial and other support to the various orgainzations
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.3%; rating input score 38
- Program expense ratio: 54.3%; rating input score 54
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 55.7%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 22.65; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 10.2% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: -4.8% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 38.3% of revenue deployed · 54.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.