Anne Noggle Foundation
Anne Noggle Foundation faces severe financial distress with minimal revenue and declining assets.
EIN: 208695045 · Albuquerque, NM · NTEE: P12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $6K |
| Program Spending | 50% |
| Net Assets | $18K |
| Transparency Score | 20/100 |
Is Anne Noggle Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anne Noggle Foundation directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Anne Noggle Foundation
Anne Noggle Foundation (EIN: 208695045) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code P12. The organization reported total revenue of $1 and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anne Noggle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anne Noggle Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -44.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $6K |
| Surplus / Deficit | $-6,443 |
| Total Assets | $18K |
| Total Liabilities | $1 |
| Net Assets | $18K |
| Operating Margin | -644300.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 34.3 months |
Financial Health Grade: B
In 2023, Anne Noggle Foundation reported a deficit of $6K with expenses exceeding revenue, holds 34.3 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), Anne Noggle Foundation's revenue has declined at a compound annual growth rate (CAGR) of -44.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +82.2% | -25.9% |
| 2021 | -32046.7% | +48.8% | -62.0% |
| 2020 | +0.0% | -53.2% | -12.7% |
| 2019 | -98.9% | +21.8% | -29.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Anne Noggle Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Anne Noggle Foundation allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is not drawing a salary, which is common for very small or volunteer-run entities.
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 Anne Noggle Foundation's IRS 990 filings:
- Consistent negative or near-zero revenue for multiple years (e.g., $1 in 2023, $-9,584 in 2021).
- Expenses consistently far exceeding revenue (e.g., $6,444 expenses vs. $1 revenue in 2023).
- Significant and continuous decline in total assets over time (from $146,742 in 2011 to $18,425 in 2023).
- High burn rate of assets relative to income, indicating unsustainable operations.
Strengths
The following positive indicators were identified for Anne Noggle Foundation:
- Consistent IRS 990 filing history, demonstrating transparency in reporting.
- No reported officer compensation, suggesting a volunteer-driven or highly cost-conscious leadership.
Frequently Asked Questions about Anne Noggle Foundation
Is Anne Noggle Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Anne Noggle Foundation (EIN: 208695045) significant concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
How does Anne Noggle Foundation spend its money?
Anne Noggle Foundation directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Anne Noggle Foundation tax-deductible?
Anne Noggle Foundation is registered as a tax-exempt nonprofit (EIN: 208695045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Anne Noggle Foundation's spending goes to programs?
Anne Noggle Foundation directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Anne Noggle Foundation compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Anne Noggle Foundation is below average for NTEE category P12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Anne Noggle Foundation located?
Anne Noggle Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 208695045. It is classified under NTEE code P12.
How many years of IRS 990 filings does Anne Noggle Foundation have?
Anne Noggle Foundation 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 $1 in total revenue.
Is the Anne Noggle Foundation financially sustainable?
No, the foundation is not financially sustainable. It has consistently reported minimal or negative revenue while incurring expenses, leading to a significant decline in assets from $146,742 in 2011 to $18,425 in 2023.
What is the primary financial challenge facing the Anne Noggle Foundation?
The primary financial challenge is the severe lack of revenue generation. For example, in 2023, revenue was only $1 against expenses of $6,444, and in 2021, revenue was negative $9,584.
How has the foundation's asset base changed over time?
The foundation's asset base has significantly declined, from $146,742 in 2011 to $18,425 in 2023, indicating a continuous draw-down of reserves to cover expenses.
Filing History
IRS 990 filing history for Anne Noggle Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Anne Noggle Foundation's revenue has declined by 99.9%, moving from $1K to $1. Total assets decreased by 87.4% over the same period, from $147K to $18K. Total functional expenses rose by 5096.8%, from $124 to $6K. In its most recent filing year (2023), Anne Noggle Foundation reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $18K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $6K | $18K | $1 | — | — |
| 2022 | $1 | $4K | $25K | $1 | — | — |
| 2021 | $-9,584 | $16K | $28K | $1 | — | — |
| 2020 | $30 | $11K | $75K | $1 | — | View 990 |
| 2019 | $30 | $23K | $86K | $0 | — | View 990 |
| 2015 | $3K | $19K | $120K | $0 | — | View 990 |
| 2014 | $134 | $1K | $137K | $0 | — | View 990 |
| 2013 | $495 | $136 | $138K | $0 | — | View 990 |
| 2012 | $1K | $10K | $138K | $0 | — | View 990 |
| 2011 | $1K | $124 | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $6K, and assets of $18K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $4K, and assets of $25K.
- 2021: Revenue of $-9,584, expenses of $16K, and assets of $28K (revenue -32046.7% year-over-year).
- 2020: Revenue of $30, expenses of $11K, and assets of $75K (revenue +0.0% year-over-year).
- 2019: Revenue of $30, expenses of $23K, and assets of $86K (revenue -98.9% year-over-year).
- 2015: Revenue of $3K, expenses of $19K, and assets of $120K (revenue +1860.4% year-over-year).
- 2014: Revenue of $134, expenses of $1K, and assets of $137K (revenue -72.9% year-over-year).
- 2013: Revenue of $495, expenses of $136, and assets of $138K (revenue -56.6% year-over-year).
- 2012: Revenue of $1K, expenses of $10K, and assets of $138K (revenue +1.7% year-over-year).
- 2011: Revenue of $1K, expenses of $124, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anne Noggle Foundation:
Data Sources and Methodology
This transparency report for Anne Noggle Foundation 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.