Quick charity verification for Naon Inc (EIN: 134099539)
Verdict: Naon Inc appears trustworthy
85/100Mission Score
$832KRevenue
$28.2MAssets
2Red Flags
5Strengths
Red Flags
Occasional operating deficits (e.g., 2022 and 2021, where expenses exceeded revenue)
Lack of detailed spending breakdown (program, admin, fundraising) in provided data to fully assess efficiency ratios
Strengths
Consistently reports 0% officer compensation, indicating high efficiency and mission focus
Substantial and growing asset base, reaching $27,122,159 in 2023
Very low liabilities, often $0 or around $1,000
Consistent IRS 990 filing history over a decade, demonstrating transparency and compliance
Positive operating margin in the most recent filing (2023: Revenue $2,176,251 vs. Expenses $1,798,835)
Spending Breakdown
How Naon Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Naon Inc
Is Naon Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Naon Inc (EIN: 134099539) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Naon Inc a good charity to donate to?
Naon Inc has a Mission Score of 85/100. Revenue: $832K. Assets: $28.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Naon Inc?
The Employer Identification Number (EIN) for Naon Inc is 134099539. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Naon Inc spend its money?
Naon Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Naon Inc's tax-exempt status?
You can verify Naon Inc's tax-exempt status using EIN 134099539 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Naon Inc. demonstrates a generally stable financial position with significant assets, though its revenue has fluctuated over the past decade. In 2023, the organization reported revenue of $2,176,251 against expenses of $1,798,835, indicating a surplus for the year. However, there have been periods, such as 2022 and 2021, where expenses exceeded revenue, suggesting reliance on prior reserves or investment income. The organization consistently reports zero officer compensation across all available filings, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. With assets consistently above $20 million, reaching $27,122,159 in 2023, Naon Inc. appears to have a robust financial foundation.
The spending efficiency, while not fully detailed in the provided data for program, administrative, and fundraising breakdowns, is positively influenced by the absence of officer compensation. This suggests that a larger proportion of funds could be directed towards programmatic activities. The organization's liabilities have remained very low, often at $0 or around $1,000, which further strengthens its financial health and indicates responsible fiscal management. The consistent filing of IRS Form 990s over a decade also points to a commitment to regulatory compliance and transparency.