Is Noble Academy Cleveland Inc Legit? —…

Spending Breakdown

How Noble Academy Cleveland Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Noble Academy Cleveland Inc

Is Noble Academy Cleveland Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Noble Academy Cleveland Inc (EIN: 204451404) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Noble Academy Cleveland Inc a good charity to donate to?

Noble Academy Cleveland Inc has a Mission Score of 75/100. Revenue: $5.6M. Assets: $6.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Noble Academy Cleveland Inc?

The Employer Identification Number (EIN) for Noble Academy Cleveland Inc is 204451404. 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 Noble Academy Cleveland Inc spend its money?

Noble Academy Cleveland Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Noble Academy Cleveland Inc's tax-exempt status?

You can verify Noble Academy Cleveland Inc's tax-exempt status using EIN 204451404 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

Noble Academy Cleveland Inc. demonstrates a consistent pattern of increasing revenue and assets over the past decade, indicating growth and expanding operational capacity. For instance, revenue grew from $3,017,247 in 2014 to $6,255,243 in 2023, and assets increased from $302,943 to $6,366,133 in the same period. The organization's spending efficiency appears reasonable, with expenses generally tracking below revenue, allowing for asset accumulation. In 2023, expenses were $5,425,203 against revenues of $6,255,243, suggesting a surplus. However, the consistent high level of liabilities, often exceeding assets in earlier years and remaining substantial, warrants closer examination to understand the nature of these obligations and their long-term implications for financial stability. For example, in 2023, liabilities were $6,550,994 compared to assets of $6,366,133, indicating a negative net asset position.

The organization's transparency regarding executive compensation is high, as reported officer compensation has been 0% across all available filings. This suggests that either the highest-paid individuals are not officers or their compensation is reported differently, or the organization relies heavily on non-compensated leadership. While this can be a positive indicator of mission focus, it's important to understand the full compensation structure for key personnel. The consistent growth in revenue and assets, coupled with a generally positive operating margin, points to a financially stable and growing entity, though the liability structure requires further scrutiny for a complete financial picture.

Is Noble Academy Cleveland Inc Legit?

Verdict: Noble Academy Cleveland Inc appears trustworthy

Red Flags

Strengths