Hope Botanical Garden is located in Leoma, TN. The organization was established in 2017. According to its NTEE Classification (C41) the organization is classified as: Botanical Gardens & Arboreta, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Botanical Garden 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 12/2023, Hope Botanical Garden generated $72.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $23.1k during the year ending 12/2023. While expenses have increased by 12.7% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PUBLIC GARDEN OPERATIONS SERVING 1218 VISITORS, INCLUDING 80 MEMBERS. THE GARDEN CURRENTLY HAS 280 COLLECTIONS TOTALING 2,369 TREES, SHRUBS AND PERENNIALS. GRANT FUNDING IS BEING USED TO ENHANCE ACCESSIBILITY OF THE VISITOR AREAS AND CONTINUE GARDEN DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Clayton President And Executive Director | 40 | $0 | |
Ron Majiros Director, Secretary, Treasurer | 40 | $0 | |
Joann Fowler Director And Vice President | 10 | $0 | |
Julius Bivens Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $49,553 |
Total Program Service Revenue | $14,670 |
Membership dues | $3,815 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,901 |
Other Revenue | $0 |
Total Revenue | $72,944 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $277 |
Occupancy, rent, utilities, and maintenance | $6,283 |
Printing, publications, postage, and shipping | $279 |
Other expenses | $16,286 |
Total expenses | $23,125 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $56,520 |
Other assets | $0 |
Total assets | $140,489 |
Total liabilities | $16,000 |
Net assets or fund balances | $124,489 |