Adopt An Angel
Adopt An Angel maintains strong financial health with zero liabilities and no reported officer compensation.
EIN: 200576752 · Wilmington, NC · NTEE: D30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $261K |
| Program Spending | 85% |
| Net Assets | $495K |
| Transparency Score | 90/100 |
Is Adopt An Angel Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adopt An Angel directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adopt An Angel
Adopt An Angel (EIN: 200576752) is a nonprofit organization based in Wilmington, NC, classified under NTEE code D30. The organization reported total revenue of $1.0M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adopt An Angel's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adopt An Angel is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $269K |
| Total Expenses | $261K |
| Surplus / Deficit | +$9K |
| Total Assets | $495K |
| Net Assets | $495K |
| Operating Margin | 3.2% |
| Months of Reserves | 22.8 months |
Financial Health Grade: A
In 2023, Adopt An Angel reported a surplus of $9K with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Adopt An Angel's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.5% | +11.0% | +1.8% |
| 2022 | -24.3% | +5.8% | -5.5% |
| 2021 | +11.6% | -20.0% | +10.9% |
| 2020 | -3.1% | -21.9% | -6.7% |
| 2019 | -49.9% | +9.1% | -17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adopt An Angel with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Adopt An Angel allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
Adopt An Angel reports 0% officer compensation across all available filings, indicating a volunteer-led organization. This suggests a highly efficient use of donor funds, as no resources are allocated to executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Adopt An Angel:
- Zero liabilities for nine consecutive years (2015-2023), indicating strong financial health.
- 0% officer compensation reported across all filings, suggesting a volunteer-driven and highly efficient leadership.
- Consistent asset growth, reaching $1,269,735, providing a solid financial foundation.
- Regular and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Expenses generally managed close to or below revenue, indicating responsible financial stewardship.
Frequently Asked Questions about Adopt An Angel
Is Adopt An Angel a legitimate charity?
Adopt An Angel (EIN: 200576752) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Adopt An Angel spend its money?
Adopt An Angel directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Adopt An Angel tax-deductible?
Adopt An Angel is registered as a tax-exempt nonprofit (EIN: 200576752). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Adopt An Angel's spending goes to programs?
Adopt An Angel directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Adopt An Angel compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Adopt An Angel is above average for NTEE category D30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adopt An Angel located?
Adopt An Angel is headquartered in Wilmington, North Carolina and files with the IRS under EIN 200576752. It is classified under NTEE code D30.
How many years of IRS 990 filings does Adopt An Angel have?
Adopt An Angel has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
How does Adopt An Angel manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership is entirely volunteer-based, or that any compensation falls below the reporting threshold for officers, directors, and trustees. This is a strong indicator of dedication to the mission and efficient use of funds.
What is the trend in Adopt An Angel's revenue and expenses?
Adopt An Angel's revenue and expenses have fluctuated over the years, with revenue ranging from $186,291 (2014) to $503,794 (2018). Generally, expenses are kept close to or below revenue, indicating responsible financial management, though some years show expenses exceeding revenue (e.g., 2022, 2020, 2019).
What is the significance of having zero liabilities for many years?
Having zero liabilities for nine consecutive years (2015-2023) is a significant strength. It means the organization is not burdened by debt and has sufficient assets to cover its operational needs, indicating excellent financial stability and risk management.
How does Adopt An Angel's asset growth compare to its revenue?
Adopt An Angel has shown consistent asset growth, from $434,313 in 2014 to $1,269,735 currently, significantly outpacing its annual revenue. This indicates effective asset accumulation and a growing financial reserve to support its mission.
Filing History
IRS 990 filing history for Adopt An Angel showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adopt An Angel's revenue has grown by 47.9%, moving from $182K to $269K. Total assets increased by 979% over the same period, from $46K to $495K. Total functional expenses rose by 63.6%, from $159K to $261K. In its most recent filing year (2023), Adopt An Angel reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $269K | $261K | $495K | $0 | — | View 990 |
| 2022 | $206K | $235K | $487K | $0 | — | View 990 |
| 2021 | $273K | $222K | $515K | $0 | — | View 990 |
| 2020 | $244K | $278K | $465K | $0 | — | View 990 |
| 2019 | $252K | $355K | $498K | $0 | — | View 990 |
| 2018 | $504K | $326K | $601K | $0 | — | View 990 |
| 2017 | $257K | $309K | $423K | $0 | — | View 990 |
| 2016 | $276K | $252K | $475K | $0 | — | View 990 |
| 2015 | $232K | $214K | $451K | $42 | — | View 990 |
| 2014 | $186K | $230K | $434K | $1K | — | View 990 |
| 2013 | $306K | $149K | $479K | $1K | — | View 990 |
| 2012 | $428K | $154K | $320K | $0 | — | View 990 |
| 2011 | $182K | $159K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $269K, expenses of $261K, and assets of $495K (revenue +30.5% year-over-year).
- 2022: Revenue of $206K, expenses of $235K, and assets of $487K (revenue -24.3% year-over-year).
- 2021: Revenue of $273K, expenses of $222K, and assets of $515K (revenue +11.6% year-over-year).
- 2020: Revenue of $244K, expenses of $278K, and assets of $465K (revenue -3.1% year-over-year).
- 2019: Revenue of $252K, expenses of $355K, and assets of $498K (revenue -49.9% year-over-year).
- 2018: Revenue of $504K, expenses of $326K, and assets of $601K (revenue +96.1% year-over-year).
- 2017: Revenue of $257K, expenses of $309K, and assets of $423K (revenue -6.9% year-over-year).
- 2016: Revenue of $276K, expenses of $252K, and assets of $475K (revenue +19.2% year-over-year).
- 2015: Revenue of $232K, expenses of $214K, and assets of $451K (revenue +24.3% year-over-year).
- 2014: Revenue of $186K, expenses of $230K, and assets of $434K (revenue -39.2% year-over-year).
- 2013: Revenue of $306K, expenses of $149K, and assets of $479K (revenue -28.5% year-over-year).
- 2012: Revenue of $428K, expenses of $154K, and assets of $320K (revenue +135.1% year-over-year).
- 2011: Revenue of $182K, expenses of $159K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adopt An Angel:
Data Sources and Methodology
This transparency report for Adopt An Angel is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.