Garden Association Inc is located in Winchester, TN. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garden Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Garden Association Inc generated $16.7m in total revenue. All expenses for the organization totaled $719.0k during the year ending 12/2022. While expenses have increased by 22.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLANTING AND MAINTAINING A 37 ACRE PUBLIC GARDEN FREE TO ALL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Handly C Templeton Treasurer | 40 | $12,000 | |
Avery Lloyd President | 1 | $12,000 | |
Harvey Templeton Secretary | 3 | $12,000 | |
Jill Sideman Member | 40 | $12,000 | |
Ann Cameron Member | 1 | $12,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $15,455,999 |
Interest on Savings | $98,690 |
Dividends & Interest | $118,759 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $899,959 |
Capital Gain Net Income | $899,959 |
Net ST Capital Gain | $899,959 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $16,665,740 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $60,000 |
Other employee salaries and wages | $260,358 |
Pension plans, employee benefits | $15,656 |
Interest | $0 |
Taxes | $7,261 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $8,094 |
Printing and publications | $25 |
Other expenses | $364,899 |
Total operating and administrative expenses | $718,993 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $718,993 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $173,741 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $5,792,077 |
Other assets | $0 |
Total assets | $23,684,582 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |