Angora Ridge Foundation Inc
Angora Ridge Foundation maintains stable assets and zero officer compensation amidst fluctuating revenues and occasional operating deficits.
EIN: 201674794 · Whitefish, MT · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $650K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $5.5M |
| Transparency Score | 92/100 |
Is Angora Ridge Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Angora Ridge Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Angora Ridge Foundation Inc
Angora Ridge Foundation Inc (EIN: 201674794) is a nonprofit organization based in Whitefish, MT, classified under NTEE code T21. The organization reported total revenue of $3.2M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Angora Ridge Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Angora Ridge Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $486K |
| Total Expenses | $650K |
| Surplus / Deficit | $-164,409 |
| Total Assets | $5.5M |
| Total Liabilities | $1 |
| Net Assets | $5.5M |
| Operating Margin | -33.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 101.4 months |
Financial Health Grade: B
In 2023, Angora Ridge Foundation Inc reported a deficit of $164K with expenses exceeding revenue, holds 101.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Angora Ridge Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.8% | +35.2% | -2.8% |
| 2022 | +8.9% | +4.9% | +5.1% |
| 2021 | +22.5% | -8.4% | +4.6% |
| 2020 | -2.1% | +30.6% | +1.3% |
| 2019 | +3.9% | -10.2% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Angora Ridge Foundation Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Angora Ridge Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $164K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for directing funds to programs.
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 Angora Ridge Foundation Inc's IRS 990 filings:
- Occasional operating deficits where expenses exceed revenue (e.g., 2023: $650,308 expenses vs. $485,899 revenue).
Strengths
The following positive indicators were identified for Angora Ridge Foundation Inc:
- Consistent zero officer compensation across all filings, indicating high efficiency and dedication.
- Extremely low liabilities, often reported as $1, demonstrating strong fiscal responsibility.
- Stable and growing asset base, increasing from $5.19 million in 2011 to $5.49 million in 2023.
- Strong program focus due to minimal administrative and fundraising overhead implied by zero officer compensation.
Frequently Asked Questions about Angora Ridge Foundation Inc
Is Angora Ridge Foundation Inc a legitimate charity?
Angora Ridge Foundation Inc (EIN: 201674794) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Angora Ridge Foundation Inc spend its money?
Angora Ridge Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Angora Ridge Foundation Inc tax-deductible?
Angora Ridge Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201674794). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Angora Ridge Foundation Inc CEO make?
Angora Ridge Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Angora Ridge Foundation Inc's spending goes to programs?
Angora Ridge Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Angora Ridge Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Angora Ridge Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Angora Ridge Foundation Inc located?
Angora Ridge Foundation Inc is headquartered in Whitefish, Montana and files with the IRS under EIN 201674794. It is classified under NTEE code T21.
How many years of IRS 990 filings does Angora Ridge Foundation Inc have?
Angora Ridge Foundation Inc has 10 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 $3.2M in total revenue.
Is Angora Ridge Foundation Inc. financially stable?
Yes, despite some years where expenses exceeded revenue (e.g., 2023 with $650,308 expenses vs. $485,899 revenue), the organization maintains a strong asset base of $5.49 million in 2023 and minimal liabilities, indicating good financial stability.
How does Angora Ridge Foundation Inc. manage its liabilities?
The organization consistently reports extremely low liabilities, often $1, across all filings, demonstrating excellent fiscal management and a minimal debt burden.
What is the trend in Angora Ridge Foundation Inc.'s revenue?
Revenue has fluctuated over the years, with a high of $938,599 in 2011 and $757,094 in 2022, but also periods of lower revenue like $485,899 in 2023. The latest reported revenue is $3,151,503, which is significantly higher than previous years, suggesting a recent substantial increase not fully reflected in the detailed annual filings provided.
Does Angora Ridge Foundation Inc. pay its officers?
No, all available IRS 990 filings consistently report $0 in officer compensation, indicating a strong commitment to directing funds towards the organization's mission.
Filing History
IRS 990 filing history for Angora Ridge Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Angora Ridge Foundation Inc's revenue has declined by 48.2%, moving from $939K to $486K. Total assets increased by 5.8% over the same period, from $5.2M to $5.5M. Total functional expenses rose by 107.4%, from $314K to $650K. In its most recent filing year (2023), Angora Ridge Foundation Inc reported a deficit of $164K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $486K | $650K | $5.5M | $1 | — | View 990 |
| 2022 | $757K | $481K | $5.7M | $2K | — | View 990 |
| 2021 | $695K | $458K | $5.4M | $1 | — | — |
| 2020 | $567K | $501K | $5.1M | $1 | — | — |
| 2019 | $580K | $383K | $5.1M | $1 | — | View 990 |
| 2015 | $558K | $427K | $5.0M | $1 | — | View 990 |
| 2014 | $429K | $420K | $4.9M | $1 | — | View 990 |
| 2013 | $227K | $447K | $4.9M | $1 | — | View 990 |
| 2012 | $182K | $274K | $5.1M | $680 | — | View 990 |
| 2011 | $939K | $314K | $5.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $486K, expenses of $650K, and assets of $5.5M (revenue -35.8% year-over-year).
- 2022: Revenue of $757K, expenses of $481K, and assets of $5.7M (revenue +8.9% year-over-year).
- 2021: Revenue of $695K, expenses of $458K, and assets of $5.4M (revenue +22.5% year-over-year).
- 2020: Revenue of $567K, expenses of $501K, and assets of $5.1M (revenue -2.1% year-over-year).
- 2019: Revenue of $580K, expenses of $383K, and assets of $5.1M (revenue +3.9% year-over-year).
- 2015: Revenue of $558K, expenses of $427K, and assets of $5.0M (revenue +30.1% year-over-year).
- 2014: Revenue of $429K, expenses of $420K, and assets of $4.9M (revenue +88.8% year-over-year).
- 2013: Revenue of $227K, expenses of $447K, and assets of $4.9M (revenue +24.9% year-over-year).
- 2012: Revenue of $182K, expenses of $274K, and assets of $5.1M (revenue -80.6% year-over-year).
- 2011: Revenue of $939K, expenses of $314K, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Angora Ridge Foundation Inc:
Data Sources and Methodology
This transparency report for Angora Ridge Foundation 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.