The Greenwood Gardens & Nature
- Assets
- $30.4m
- Revenue
- $2.4m
- Investments
- $223.0k
- Employees
- 23
- Location
- Short Hills, NJ
- Founding
- 07/2003
- Data as of
- 12/2021
- 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 12/2021, Greenwood Gardens & Nature employed 23 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 12/2021, Greenwood Gardens & Nature generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 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
2021
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. AFTER CLOSING FOR A YEAR TO UNDERGO EXTENSIVE RENOVATIONS, WE REOPENED IN SEPTEMBER 2020 WITH A NEW RAIN GARDEN, A RENOVATED MAIN AXIS WITH WORKING FOUNTAINS, RESTORED HISTORIC VIEWS, A 50-SPACE PARKING LOT, EXTENSIVE NEW LANDSCAPING, AND INCREASED SEATING THROUGHOUT THE GARDEN. THESE HAVE GREATLY ENHANCED THE VISITOR EXPERIENCE, OFFERING A MUCH-NEEDED HAVEN IN WHICH TO REJUVENATE DURING THE CORONAVIRUS PANDEMIC.
SINCE THE ONSET OF THE PANDEMIC, GREENWOOD HAS TWICE ALTERED ITS REGULAR PROGRAMMING TO ACCOMMODATE OUR AUDIENCES. IN 2020, WE SHIFTED IN-PERSON PROGRAMS TO ONLINE FORMATS, DOING SO THROUGH THE END OF THE FALL SEASON. IN 2021, WITH THE ABILITY TO BE OPEN FOR THE FULL SEASON AND THE INTRODUCTION OF VACCINATIONS, WE HAVE GRADUALLY ADDED BACK GROUP GARDEN TOURS ON PLANTS, HISTORY, BEEKEEPING, NATURE JOURNALING, PAINTING, PHOTOGRAPHY, TAI CHI, AND TREE IDENTIFICATION. IN ADDITION TO PROVIDING EDUCATION AND ENTERTAINMENT, THESE PROGRAMS HELP FOSTER AN APPRECIATION OF THE IMPORTANCE OF GARDEN PRESERVATION, A RESPECT FOR THE ENVIRONMENT AND AN OPPORTUNITY TO EXPLORE THE TIMELESS RELATIONSHIP BETWEEN PEOPLE AND NATURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodor Ted Kundtz Treasurer | OfficerTrustee | 1 | $0 |
Peter P Blanchard Chairman | OfficerTrustee | 10 | $0 |
Louise Moos Vice Chair | OfficerTrustee | 1 | $0 |
Arthur T Vanderbilt Secretary | OfficerTrustee | 2 | $0 |
Stephanie Lin Miller Director Of Finance And Ad | Officer | 40 | $0 |
Abby O'neill Executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $56,649 |
| Fundraising events | $0 |
| Related organizations | $768,000 |
| Government grants | $221,460 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,275,045 |
| Noncash contributions included in lines 1a–1f | $297,368 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,321,154 |
| Total Program Service Revenue | $88,825 |
| Investment income | $19,272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,193 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $600 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,445,108 |
| 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 | $939,237 |
| Pension plan accruals and contributions | $36,470 |
| Other employee benefits | $129,808 |
| Payroll taxes | $79,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,317 |
| Fees for services: Accounting | $14,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,237 |
| Fees for services: Other | $59,122 |
| Advertising and promotion | $0 |
| Office expenses | $25,561 |
| Information technology | $10,645 |
| Royalties | $0 |
| Occupancy | $35,442 |
| 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 | $410,636 |
| Insurance | $73,238 |
| All other expenses | $58,474 |
| Total functional expenses | $2,162,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,348 |
| Savings and temporary cash investments | $2,955,722 |
| Pledges and grants receivable | $311,473 |
| 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 | $69,118 |
| Net Land, buildings, and equipment | $25,984,319 |
| Investments—publicly traded securities | $861,316 |
| Investments—other securities | $222,993 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,406,289 |
| Accounts payable and accrued expenses | $28,416 |
| 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 | $28,416 |
| Net assets without donor restrictions | $29,025,379 |
| Net assets with donor restrictions | $1,352,494 |
| 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 | $30,406,289 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Greenwood Gardens & Nature has recieved totaling $9,600.
| Awarding Organization | Amount |
|---|---|
E J Grassmann Trust Warren, NJ PURPOSE: CAPITAL FUND SUPPORT | $7,600 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
James & Virginia Welch Foundation Parsippany, NJ PURPOSE: UNRESTRICTED | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $2,538,045 |
| Earnings | $136,902 |
| Admin Expense | $97,380 |
| Net Contributions | $579,406 |
| Grants | $24,619 |
| Ending Balance | $3,132,354 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairmount Park Conservancy Philadelphia, PA | $18,681,659 | $13,830,460 |
New York Restoration Project New York, NY | $17,760,231 | $5,638,155 |
Nurture Nature Foundation New York, NY | $30,506,291 | $2,642,254 |
The Greenwood Gardens & Nature Short Hills, NJ | $30,406,289 | $2,445,108 |
Friends Of Derry Township Parks & Recreation Hershey, PA | $223,882 | $913,516 |
Greater Newark Conservancy Inc Newark, NJ | $13,066,036 | $2,115,520 |
Wethersfield Foundation Inc Amenia, NY | $44,341,605 | $3,639,809 |
Friends Of The Pittsburgh Urban Forest Pittsburgh, PA | $3,690,341 | $1,725,352 |
Design Trust For Public Space Inc New York, NY | $2,416,344 | $3,238,139 |
Rockaway Waterfront Alliance Inc Far Rockaway, NY | $3,824,993 | $1,308,844 |
Pa Cleanways Greensburg, PA | $701,740 | $1,339,245 |
Center For Urban Pedagogy Inc Brooklyn, NY | $1,231,427 | $1,644,215 |