Iglesias Gardens Co

Nonprofit profile at a glance

EIN
853048299
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
Philadelphia, PA, USA
Phone
7178240458
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Agricultural Programs

Reported finances

Revenue
$218,244
Expenses
$119,239
Assets
$463,026
Liabilities
$4,322

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Highest reported compensation

  • MARA HENAO (BOARD MEMBER): $5,950 total reported compensation
  • CESAR VIVEROS (BOARD MEMBER): $1,791 total reported compensation
  • ANTHONY PATRICK (TREASURER): $1,269 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dedicated to preserving space for people.through providing multigenerational activities for our community, creating harmony and balance with local ecosystems, and growing edible fruits and vegtables and plant medicines.

What it reported doing in 2024

Program accomplishments for 2024: We re-launched our free food program, Bodega Libre, which supplied 40-50 neighbors with free groceries (meat, fresh produce and shelf stable items) every other Saturday. Eight of our members got food safety certified. We installed a beehive, introduced bees to the garden, and five of our members took a beekeeping course. We ran kids activities during Bodega Libre and hosted cooking workshops, including a fruit salad workshop and soup stock making workshop. We hosted free, community celebrations, including a Juneteenth Celebration, Day of the Dead Celebration, and a Block Party. We held a school supply giveaway and a winter coat giveaway for neighborhood youth. We maintained our garden full of fruit trees, native flowers, culinary and medicinal herbs, and vegetables.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 86
  • Accountability: 69
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.5%; rating input score 39
  • Program expense ratio: 70.3%; rating input score 70
  • Fundraising efficiency: $22.3 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 45.4%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 3.88; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 46; 46th percentile among comparable filings
  • Officer compensation ratio: 8%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 65.7% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 9% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 45.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 38.5% of revenue deployed · 70.3% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $84K in reported program spending
  • Leadership: top reported pay $6K · 5 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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 39/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 46/100.