Garden 58
- Assets
- $158.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Andrews, NC
- Founding
- Data as of
- 04/2024
- EIN
- 87-1214970
Organization Overview
Garden 58 is located in Andrews, NC. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garden 58 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 04/2024, Garden 58 generated $185.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 61.7% each year . All expenses for the organization totaled $74.8k during the year ending 04/2024. While expenses have increased by 59.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Herrington Treasurer | 1 | $0 | |
Amy Rasmussen Executive Director | 30 | $18,000 | |
Virginia Holloway Director | 5 | $4,000 | |
Cindy Bradshaw Board Member | 2 | $0 | |
Jennifer Logan Board Member | 1 | $0 | |
Robert Gray Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,216 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,140 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,920 |
| Total Revenue | $185,276 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,000 |
| Professional fees and other payments to independent contractors | $25,504 |
| Occupancy, rent, utilities, and maintenance | $11,968 |
| Printing, publications, postage, and shipping | $488 |
| Other expenses | $18,841 |
| Total expenses | $74,801 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $156,363 |
| Other assets | $0 |
| Total assets | $158,114 |
| Total liabilities | $350 |
| Net assets or fund balances | $157,764 |