Quick charity verification for Noble Venture Inc (EIN: 203166182)
Verdict: Noble Venture Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
4Red Flags
1Strengths
Red Flags
No recent financial activity reported ($0 revenue, $0 assets)
Operating deficit in the last reported period (Expenses $63,847 vs. Revenue $61,607 in 2018)
Only one IRS 990 filing available, limiting historical analysis
NTEE code X21 (Unknown) provides no clarity on mission or activities
Strengths
No officer compensation reported in the 2018 filing, suggesting volunteer leadership or minimal overhead for executive roles.
AI Transparency Report
Noble Venture Inc appears to be in a precarious financial position based on its latest available IRS 990 data from the 201812 period. The organization reported $61,607 in revenue against $63,847 in expenses, indicating a deficit for that period. Furthermore, the most recent data shows $0 in both revenue and assets, which could suggest inactivity or a significant decline since the 2018 filing. The lack of more recent financial activity makes a comprehensive assessment challenging, and the organization's current operational status and financial health are unclear.
The organization's transparency is limited by the age and scarcity of available data. With only one filing available and no recent financial activity reported, it's difficult to gauge ongoing financial management or program effectiveness. The NTEE code X21 (Unknown) also adds to the ambiguity regarding its specific mission and activities, making it harder to assess program focus and impact.