Garden Time Inc (EIN 901002432) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

Kate Lacouture

Phone

4019964922

Tax Period

2024-01-01 to 2024-12-31

Garden Time Inc, founded in 2013, is a small nonprofit in the Crime & Legal sector that reported $576K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $533K left a modest 7% surplus.

Mission

Garden Time provides prison-based educational programs that teach incarcerated men and women how to cultivate gardens and grow food for their own economic and personal well-being, integrating job readiness skills and reentry support. Additionally, we provide community-based green industry job training for formerly incarcerated men and women. Our programs foster education, inspitation, and empowerment, and help trainees translate new skills into opportunities that enable their sucessful and permanent reentry into society.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $499,210

Program Service Revenue $76,309

Investment Income $0

Other Revenue $0

TOTAL REVENUE $575,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $224,492

Fundraising Expenses $8,188

Program Expenses $507,159

Other Expenses $308,471

TOTAL EXPENSES $532,963

Year-over-Year Comparison

	2024	2023	Change
Revenue	$575,519	$379,521	+0.5%
Expenses	$532,963	$354,243	+0.5%
Net Income	$42,556	$25,278	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$69,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vera Bowen	Treasurer	10.00	Officer Director	$0	$0	$0
Robert Rafka	Vice President	1.00	Officer Director	$0	$0	$0
Stephanie Moniz	Board Member	2.00	Director	$0	$0	$0
Katharine Lacouture	Executive Director	35.00	Officer	$69,000	$0	$69,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$575,519	$532,963	$167,359	$42,556
2023	$379,521	$354,243	$124,804	$25,278
2022	$257,152	$193,392	$99,535	$63,760

Garden Time Inc