Quick charity verification for Noble Academy Columbus Inc (EIN: 204460475)
Verdict: Noble Academy Columbus Inc appears trustworthy
85/100Mission Score
$4.8MRevenue
$6.5MAssets
2Red Flags
4Strengths
Red Flags
Liabilities consistently exceed assets, indicating a negative net asset position.
Significant reliance on debt, as evidenced by the high liabilities relative to assets.
Strengths
Strong program spending efficiency (approx. 75% of expenses in 2023).
Consistent revenue growth over the past decade.
No reported officer compensation, suggesting efficient use of funds.
Regular and consistent IRS 990 filings, indicating good transparency.
Spending Breakdown
How Noble Academy Columbus Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Columbus Inc
Is Noble Academy Columbus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Noble Academy Columbus Inc (EIN: 204460475) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Noble Academy Columbus Inc a good charity to donate to?
Noble Academy Columbus Inc has a Mission Score of 85/100. Revenue: $4.8M. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Noble Academy Columbus Inc?
The Employer Identification Number (EIN) for Noble Academy Columbus Inc is 204460475. 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 Columbus Inc spend its money?
Noble Academy Columbus Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Noble Academy Columbus Inc's tax-exempt status?
You can verify Noble Academy Columbus Inc's tax-exempt status using EIN 204460475 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 Columbus Inc. demonstrates a generally stable financial trajectory with consistent revenue growth over the past decade, increasing from $2.4M in 2014 to over $6.1M in 2023. The organization has consistently spent a high proportion of its expenses on program services, indicating a strong focus on its educational mission. For instance, in the latest filing (202306), program service expenses were $4,186,825 out of total expenses of $5,582,434, representing approximately 75% of spending. This efficiency in program delivery is a significant strength.
However, a notable concern is the organization's liabilities consistently exceeding its assets, particularly in recent years. As of the 202306 period, liabilities stood at $7,428,086 against assets of $6,895,804, resulting in a negative net asset position. While this is not uncommon for charter schools that often carry significant debt for facilities, it warrants close monitoring. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with no reported officer compensation, which can be a positive indicator of resource allocation directly to operations rather than executive salaries.
Overall, Noble Academy Columbus Inc. appears to be financially sound in terms of operational revenue and program spending efficiency, but its balance sheet shows a persistent reliance on debt, which could pose long-term risks if not managed effectively. The consistent growth in assets, though slower than liabilities, suggests ongoing investment in its operational capacity.