Garden Neighborhood Charities Inc
- Assets
- $269.8k
- Revenue
- $196.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 20-5957683
Organization Overview
Garden Neighborhood Charities Inc, operating under the name Td Garden Neighborhood Charities, is located in Boston, MA. The organization was established in 2008. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Td Garden Neighborhood Charities 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, Td Garden Neighborhood Charities generated $196.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $123.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Td Garden Neighborhood Charities has awarded 27 individual grants totaling $459,175. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GARDEN NEIGHBORHOOD CHARITIES IS THE PHILANTHROPIC ARM OF THE TD GARDEN. ITS MISSION IS TO PROVIDE SUPPORT, THROUGH GRANTS, IN-KIND DONATIONS, VOLUNTEERISM AND COMMUNITY EVENTS, TO CHARITABLE ORGANIZATIONS AND PROGRAMS MAKING A POSITIVE IMPACT IN OUR NEIGHBORHOOD OF GREATER BOSTON. GARDEN NEIGHBORHOOD CHARITIES IS COMMITTED TO BRINGING THE EXCITEMENT AND LASTING MEMORIES OF LIVE ENTERTAINMENT AND SPORTING EVENTS TO THOSE IN OUR NEIGHBORHOOD WHO MIGHT NOT OTHERWISE HAVE ACCESS TO SUCH FULFILLING EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED AND DISTRIBUTED MONETARY GRANTS TO CHARITABLE ORGANIZATIONS.
AWARDED AND DISTRIBUTED IN-KIND ITEMS TO CHARITABLE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy A Latimer President & Director | OfficerTrustee | 5 | $0 |
Catherine A Doherty Treasurer & Director | OfficerTrustee | 2 | $0 |
Jen Compton Director | OfficerTrustee | 2 | $0 |
John A Ratoff Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $39,662 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $156,995 |
| Noncash contributions included in lines 1a–1f | $2,662 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,657 |
| Total Program Service Revenue | $0 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $196,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,646 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,047 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,805 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $123,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $269,808 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $269,808 |
| Accounts payable and accrued expenses | $47,596 |
| 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 | $47,596 |
| Net assets without donor restrictions | $202,212 |
| Net assets with donor restrictions | $20,000 |
| 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 | $269,808 |
Grants Awarded
Over the last fiscal year, Garden Neighborhood Charities Inc has awarded $56,984 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SALVATION ARMY PURPOSE: SCHOOL SUPPLIES FOR LOCAL STUDENTS AND HOLIDAY RED KETTLE | $31,780 |
ACTION OF BOSTON COMMUNITY DEVELOPMENT PURPOSE: PROGRAM SERVICES | $25,204 |