Neighborhood Forest Inc
Nonprofit profile at a glance
- EIN
- 862929372
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Minneapolis, MN, USA
- Phone
- 7636073675
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Environmental Beautification and Aesthetics
Reported finances
- Revenue
- $733,186
- Expenses
- $637,153
- Assets
- $201,758
- Liabilities
- $6,831
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- VIKAS NARULA (EXECUTIVE DIRECTOR)
Highest reported compensation
- VIKAS NARULA (EXECUTIVE DIRECTOR): $79,040 total reported compensation
- PRIYA NARULA (TREASURER): $58,077 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Neighborhood forest is a non-profit, social venture dedicated to giving children their very own tree to plant on earth day for free every spring. We love trees we love planting them and watching them grow.the detailed full mission statement is available on schedule o.
What it reported doing in 2024
Since 2010, neighborhood forest has mobilized over 3,500 schools, libraries, and youth groups, engaged over 500,000 volunteers, and given over 310,000 children in all 50 states (plus canada and mexico) the opportunity to plant their very own tree. We are growing at a rapid rate and are aiming to reach 1 million children in the next few years. In 2025 alone, neighborhood forest gave over 112,000 kids their very own tree. We served over 1,500 schools, libraries, and youth groups in all 50 states, plus canada and mexico. We engaged over 175,000 volunteers and the trees we planted are expected to sequester upwards of 60,000 tons of co2 over the next 30 years. In 2024, neighborhood forest also launched and piloted its new indoor plant program for kids who do not have access to a yard to plant their own tree. Continued on schedule o.
Operating model
- Revenue model
- Donor-supported. 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 92
- Accountability: 68
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.6%; rating input score 82
- Program expense ratio: 89.7%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 60%; rating input score 60; 12th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.1%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 21.5%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 36.3% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 40.1% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 74% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 81.6% of revenue deployed · 89.7% of spending went to programs
- Governance: 3 of 5 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $571K in reported program spending
- Leadership: top reported pay $79K · 5 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 13/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.