Angels In Paradise Inc
Angels In Paradise Inc experiences significant revenue decline and operating deficit in its latest fiscal year.
EIN: 200187043 · Tyrone, GA · NTEE: G81 · Updated: 2026-03-28
Is Angels In Paradise Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Angels In Paradise Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Angels In Paradise Inc
Angels In Paradise Inc (EIN: 200187043) is a nonprofit organization based in Tyrone, GA, classified under NTEE code G81. The organization reported total revenue of $2.5M and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Angels In Paradise Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Angels In Paradise Inc is a mid-size nonprofit that has been operating for 22 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-967,950 |
| Total Assets | $300K |
| Total Liabilities | $220K |
| Net Assets | $80K |
| Operating Margin | -50.9% |
| Debt-to-Asset Ratio | 73.3% |
| Months of Reserves | 1.3 months |
Financial Health Grade: D
In 2023, Angels In Paradise Inc reported a deficit of $968K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 73.3% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Angels In Paradise Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -80.4% | -67.6% | -71.9% |
| 2022 | +257.3% | +259.8% | +359.8% |
| 2021 | +404.5% | +357.9% | +1975.3% |
| 2020 | -60.8% | -60.3% | -21.4% |
| 2019 | +14.3% | +15.8% | -43.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Angels In Paradise Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Angels In Paradise Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $968K, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for donor trust and efficient use of funds relative to the organization's varying revenue levels.
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.
Red Flags
The following concerns were identified during AI analysis of Angels In Paradise Inc's IRS 990 filings:
- Significant operating deficit in the latest fiscal year (2023 expenses $2,870,174 vs. revenue $1,902,224).
- Substantial decline in revenue from $9,694,901 in 2022 to $1,902,224 in 2023.
- Fluctuating asset base, with a sharp drop from $1,070,222 in 2022 to $300,499 in 2023.
- Increase in liabilities from $21,901 in 2022 to $220,128 in 2023, coinciding with asset decline.
Strengths
The following positive indicators were identified for Angels In Paradise Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship in this area.
- Demonstrated ability to generate significant revenue in certain years, such as $9,694,901 in 2022.
- Long filing history (7 filings) suggests established operations.
Frequently Asked Questions about Angels In Paradise Inc
Is Angels In Paradise Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Angels In Paradise Inc (EIN: 200187043) some concerns. Mission Score: 70/100. 4 red flags identified, 3 strengths noted.
How does Angels In Paradise Inc spend its money?
Angels In Paradise Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Angels In Paradise Inc tax-deductible?
Angels In Paradise Inc is registered as a tax-exempt nonprofit (EIN: 200187043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Angels In Paradise Inc's revenue drop from $9,694,901 in 2022 to $1,902,224 in 2023?
The provided data does not specify the reasons for this significant revenue fluctuation, but it is a critical area for further inquiry to understand the organization's funding stability.
How does Angels In Paradise Inc cover its operating deficit, such as the $967,950 deficit in 2023?
The organization would likely cover deficits by drawing from its assets or through future fundraising efforts. The 2023 deficit of $967,950 significantly reduced its assets from $1,070,222 in 2022 to $300,499 in 2023.
What are the specific program activities that Angels In Paradise Inc funds?
The NTEE code G81 indicates 'Youth Development Programs', but the provided financial data does not detail specific program activities or their associated costs.
What is the organization's strategy for managing its liabilities, which increased significantly in 2023?
Liabilities increased from $21,901 in 2022 to $220,128 in 2023. The data does not provide a strategy, but this increase, coupled with declining assets, warrants attention.
Filing History
IRS 990 filing history for Angels In Paradise Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Angels In Paradise Inc's revenue has grown by 139.4%, moving from $795K to $1.9M. Total assets increased by 3821.9% over the same period, from $8K to $300K. Total functional expenses rose by 249.8%, from $820K to $2.9M. In its most recent filing year (2023), Angels In Paradise Inc reported a deficit of $968K, with expenses exceeding revenue. The organization holds $220K in liabilities against $300K in assets (debt-to-asset ratio: 73.3%), resulting in net assets of $80K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.9M | $300K | $220K | — | — |
| 2022 | $9.7M | $8.9M | $1.1M | $22K | — | View 990 |
| 2021 | $2.7M | $2.5M | $233K | $14K | — | View 990 |
| 2020 | $538K | $538K | $11K | $42K | — | View 990 |
| 2019 | $1.4M | $1.4M | $14K | $45K | — | View 990 |
| 2018 | $1.2M | $1.2M | $25K | $27K | — | View 990 |
| 2017 | $795K | $820K | $8K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.9M, and assets of $300K (revenue -80.4% year-over-year).
- 2022: Revenue of $9.7M, expenses of $8.9M, and assets of $1.1M (revenue +257.3% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.5M, and assets of $233K (revenue +404.5% year-over-year).
- 2020: Revenue of $538K, expenses of $538K, and assets of $11K (revenue -60.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $14K (revenue +14.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $25K (revenue +50.8% year-over-year).
- 2017: Revenue of $795K, expenses of $820K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Angels In Paradise Inc:
Data Sources and Methodology
This transparency report for Angels In Paradise Inc 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.