Garden Foundation Of Rhode Island Inc is located in Kingston, RI. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public 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 Foundation Of Rhode Island 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 12/2023, Garden Foundation Of Rhode Island Inc generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $10.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 9 years. 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
FUNDS TO PROVIDE FINANCIAL AND OTHER SUPPORT TO THE VARIOUS ORGAINZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John N Peacock President | 10 | $0 | |
Rudi Hempe Vice President/secretary | 8 | $0 | |
Gail Woodward Treasurer | 8 | $0 | |
Margaret O'farrell Board Member | 2 | $0 | |
Earle Perkins Board Member | 2 | $0 | |
Sharon Iannuccilli Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,687 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,687 |
| 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 | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,378 |
| Total expenses | $10,686 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $190,239 |
| Other assets | $0 |
| Total assets | $190,239 |
| Total liabilities | $0 |
| Net assets or fund balances | $190,239 |