The Greenwood Gardens & Nature
- Assets
- $30.0m
- Revenue
- $1.9m
- Investments
- $188.8k
- Employees
- 21
- Location
- Short Hills, NJ
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 80-0038573
Organization Overview
The Greenwood Gardens & Nature is located in Short Hills, NJ. The organization was established in 2003. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 12/2022, Greenwood Gardens & Nature employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood Gardens & Nature 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, Greenwood Gardens & Nature generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 4.7% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREENWOOD'S GOAL IS TO PRESERVE, RESTORE, AND ENHANCE ITS HISTORIC GARDENS, ARCHITECTURE AND LANDSCAPE FOR THE EDUCATION AND ENJOYMENT OF THE PUBLIC. SINCE 2013, THOUSANDS OF VISITORS HAVE COME THROUGH OUR GATES TO TAKE ADVANTAGE OF THE SITE'S UNIQUE FEATURES AND TO LEARN ABOUT THE TWO FAMILIES THAT MADE AN IMPACT ON THE SITE OVER THE COURSE OF A CENTURY. IN 2019-2020, WE MADE EXTENSIVE IMPROVEMENTS TO THE SITE INCLUDING A COMPLETE RENOVATION OF THE MAIN AXIS WITH TWO WORKING FOUNTAINS AND RESTORED HISTORIC VIEWS, ADDED A 50-SPACE PARKING LOT, A RAIN GARDEN AND TICKET KIOSK, RENOVATED VIRTUALLY ALL THE SITE'S LANDSCAPING, AND INCREASED SEATING THROUGHOUT THE GARDEN. THESE HAVE GREATLY ENHANCED THE VISITOR EXPERIENCE, BOTH DURING AND SINCE THE CORONAVIRUS PANDEMIC.
IN 2022, THE ORGANIZATION WELCOMED 8,200 VISITORS, AND DELIVERED 46 PROGRAMS (MUSIC IN THE GARDEN CONCERT SERIES, LECTURES, AND A WIDE RANGE OF GARDEN TOURS FEATURING PLANTS, HISTORY, BEEKEEPING, NATURE JOURNALING, PAINTING, PHOTOGRAPHY, TAI CHI, & TREE IDENTIFICATION). VISITORS INDICATED THAT THEY WERE ENCHANTED BY THE BEAUTY OF THE SITE & THE FRIENDLINESS OF OUR STAFF. GREENWOOD WAS VOTED "PRETTIEST GARDEN IN NEW JERSEY" BY NJ FAMILY MAGAZINE. UNFORTUNATELY, WE EXPERIENCED SIGNIFICANT LOSS IN 2022 WITH THE UNEXPECTED DEATH OF OUR FOUNDING CHAIRMAN, PETER P. BLANCHARD III. WE HELD A MEMORIAL SERVICE FOR HIM WHICH WAS ATTENDED BY OVER 120 FRIENDS AND SUPPORTERS. WHILE WE CONTINUE TO MOURN HIS PASSING, WE CONTINUE TO CARRY OUT HIS WISHES FOR CREATING A WELCOMING SITE FOR ALL TO ENJOY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Moos Chairman | OfficerTrustee | 2 | $0 |
Arthur T Vanderbilt Vice President | OfficerTrustee | 1 | $0 |
Theodor Ted Kundtz Treasurer | OfficerTrustee | 2 | $0 |
Nancy Dougherty Secretary | OfficerTrustee | 1 | $0 |
Lynn Magrane Trustee | Trustee | 1 | $0 |
Geralyn Hagemann Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $62,195 |
| Fundraising events | $119,235 |
| Related organizations | $777,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $849,545 |
| Noncash contributions included in lines 1a–1f | $296,281 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,808,475 |
| Total Program Service Revenue | $105,588 |
| Investment income | $16,869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,623 |
| Net Income from Fundraising Events | -$26,882 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,916,927 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $986,361 |
| Pension plan accruals and contributions | $33,924 |
| Other employee benefits | $148,849 |
| Payroll taxes | $84,597 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,970 |
| Fees for services: Accounting | $15,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,302 |
| Fees for services: Other | $32,635 |
| Advertising and promotion | $0 |
| Office expenses | $69,879 |
| Information technology | $9,337 |
| Royalties | $0 |
| Occupancy | $39,658 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $440,409 |
| Insurance | $69,487 |
| All other expenses | $47,861 |
| Total functional expenses | $2,206,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,562 |
| Savings and temporary cash investments | $2,837,988 |
| Pledges and grants receivable | $323,081 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $64,077 |
| Net Land, buildings, and equipment | $25,844,107 |
| Investments—publicly traded securities | $694,948 |
| Investments—other securities | $188,758 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,965,521 |
| Accounts payable and accrued expenses | $53,564 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $53,564 |
| Net assets without donor restrictions | $28,823,511 |
| Net assets with donor restrictions | $1,088,446 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $29,965,521 |