2015-07-30T06:16:58-07:00 2014-12-31 Noke and Heard LLP 469 Morris Avenue Summit NJ 079011583 990 2014-01-01 800038573 The Greenwood Gardens GREE 9732584026 274 Old Short Hills Road Short Hills NJ 07078 Mr Peter P Blanchard III President 2015-06-30 true DANIEL P DOUGHERTY P00031300 9082774145 2014 2016-02-25 16:41:14Z 1163766 false false X www.greenwoodgardens.org X 2002 NJ Restoration of historic public gardens and heritage site; to develop a valued horticultural and historic resource for the New York Metropolitan Region. 10 9 13 0 1040187 1050337 92960 80658 125306 13545 11496 1258453 1156036 10000 10000 0 629681 626193 0 101747 816460 638042 1456141 1274235 -197688 -118199 25415342 25334420 1339 7698 25414003 25326722 Restoration of historic public gardens and heritage site; to develop a valued horticultural and historic resource for the New York Metropolitan Region. false false 756031 10000 52821 The preservation, restoration & enhancement of Greenwood Gardens' historic gardens, architecture & landscape for the education and enjoyment of the general public 64954 46072 Public programs and tours to foster an appreciation of gardens , a respect for the environment and to explore the relationship between people and nature. 820985 true true false false false false true true false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 0 0 false 13 true false false false false false false false false 0 false false false false false false false false false false X 10 9 true false false false true false false true false false false true true true true false false true true false X Corporation 9732584026 274 Old Short Hills Road Short Hills NJ 07078 X Mr Peter P Blanchard III President 10.00 0.00 X X 0 0 0 Mrs Sofia A Blanchard Secretary 10.00 0.00 X X 0 0 0 Ms Susan Lowry Director 1.00 0.00 X 0 0 0 Mr Henry Johnson Director 1.00 0.00 X 0 0 0 Mr Marco Polo Stufano Director 1.00 0.00 X 0 0 0 Mrs Lezette G Proud Director 1.00 0.00 X 0 0 0 Mr Timothy Hartman Director 5.00 0.00 X X 0 0 0 Ms Elaine Becker Director 1.00 0.00 X 0 0 0 Mr Arthur T Vanderbilt II Director 1.00 0.00 X 0 0 0 Mrs Louise Moos Treasurer 1.00 0.00 X 0 0 0 0 false false false 0 67560 500000 482777 1050337 Arts In Nature 18537 18537 Gate receipts 27891 27891 Miscellaneous 18421 18421 Workshops & lectures 15809 15809 80658 13545 13545 0 0 7500 7500 7500 7500 0 0 0 11726 7730 3996 3996 0 1156036 92154 13545 10000 10000 0 0 0 0 0 512651 219482 240958 52211 17835 5492 9732 2611 49521 36535 11419 1567 46186 22943 19437 3806 0 25675 25675 7873 7873 0 0 8855 8855 0 0 34743 34743 0 0 0 0 0 0 0 0 270777 270777 70527 66723 3804 Building maintenance 56519 56519 Program & tour expense 47224 47224 Development expense 41552 41552 Horticulture expenses 39311 39311 34986 20304 14682 1274235 820985 351503 101747 394777 621218 1024673 958665 0 0 0 0 0 0 0 24465064 1437613 23294576 23027451 701316 592303 134783 0 0 0 25415342 25334420 1339 7698 1339 7698 X 24713003 24618722 7000 701000 701000 25414003 25326722 25415342 25334420 -118199 30918 X X false true X true false X X 1 Garden Conservancy Inc 133570145 7 false 0 0 1 true false false false false false false false false false false false false false false true true false false false false false Part I: Additional Information Greenwood Gardens is recognized as a Supporting Organization of the Garden Conservancy, Inc. a tax exempt 501 C 3 Organization. All Supporting Organizations of the Garden Conservancy, Inc. must contribute annually a prescribed amount and adhere to standards established by the Garden Conservancy in planning and maintaining its gardens. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 1 false false X false 13941000 13941000 983310 208850 774460 8354964 791196 7563768 143103 94723 48380 1042687 342844 699843 23027451 X 1194684 30918 7730 38648 1156036 1156036 1281964 7729 7729 1274235 1274235 Part II, Line 3: Explanation of Each Easement Change A Reciprocal Easement Agreement was entered into April 2009 allowing Greenwood Gardens to relocate its driveway (as part of its restoration Project), a Utility Easement, and an Access and Parking Easement of the appurtenant property in exchange for giving up a Utility Easement and an Access Easement to its property. The owners of the other property are officers of Greenwood Gardens. These easements result in a net benefit to the organization of $200,000. Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o European porcelain and glass exhibits and fine art displayed in the mansion on the grounds. Part V, Line 4: Intended uses of the endowment fund. The endowment allows the Garden to spend appreciation and earnings from the Endowment Fund. However the Garden's board set a policy to limit a distribute to 3% of the weighted three year rolling average of the market value for operations. That amount totaled $20,149 for 2014. The board has chosen not to access that money at this time. Part X : FIN48 Footnote H)Income TaxesThe Gardens is a not-for-profit organization exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and classified by the Internal Revenue Service as other than a private foundation. This Organization is classified as a Section 509(a)(3) organization as referred to in I.R.S. Code Section 107(b)(1)(A)(vi). The policy is to only recognize the financial statement impact of a tax position when it is more likely than not that such a tax position taken will be sustained upon examination. Greenwood Gardens is no longer subject to U.S. Federal income tax examinations by tax authorities for years prior to the 2010 tax year. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Cost of inventory items sold $7730 Part XII, Line 2d: Other expenses and losses per audited F/S Cost of inventory items sold $7729 Client Note 1 Client Note 1 - OTHER ACCOUNTING METHOD - MODIFIED CASH BASISThe Gardens maintains its books and records on an income tax basis of accounting. Using this method, revenues and support are recognized as income in the period received and expenses are recognized as they are expended. No receivables or payables are reflected in the financial statement other than payroll tax liabilities. The Board elected to defer the current years membership dues for one year and include this revenue in the following years budget plans. Depreciation was recognized to reflect the economic use of their property and equipment. The Gardens reports its financial position and activities according to three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently restricted net assets. Investments are shown at market value. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Peter Blanchard and Sofia Blanchard are married. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Membership allows members free admission to the gardens at selected time of the year; a subscription to Greenwood News; early notice of and discounted tickets to programs, workshops and other events; reciprocal membership privileges at more than 300 gardens. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is sent to the Board via email and a request for comment prior to mailing. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Board approves all compensation annually Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Board approves all compensation annually Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The public must submit their request in writing. Documents will be available for inspection at the Organization's place of business. The Garden Conservancy PO Box 219 Cold Spring NY 10516 133570145 Preserve and enhance exceptional gardens in North America NY 501 C 3 na false false true false false false false false false false false false false false false false false false false false The Garden Conservancy b 10000