Annies Angels Memorial Fund Inc
Annies Angels Memorial Fund Inc experiences recent operating deficits despite consistent revenue growth.
EIN: 208562444 · Newfields, NH · NTEE: G12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $875K |
| Total Expenses | $804K |
| Program Spending | 80% |
| Net Assets | $202K |
| Transparency Score | 78/100 |
Is Annies Angels Memorial Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Annies Angels Memorial Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Annies Angels Memorial Fund Inc
Annies Angels Memorial Fund Inc (EIN: 208562444) is a nonprofit organization based in Newfields, NH, classified under NTEE code G12. The organization reported total revenue of $875K and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Annies Angels Memorial Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Annies Angels Memorial Fund Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $698K |
| Total Expenses | $804K |
| Surplus / Deficit | $-106,500 |
| Total Assets | $204K |
| Total Liabilities | $2K |
| Net Assets | $202K |
| Operating Margin | -15.3% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Annies Angels Memorial Fund Inc reported a deficit of $107K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Annies Angels Memorial Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | +15.9% | -30.7% |
| 2022 | +28.4% | +27.0% | -15.1% |
| 2021 | +3.5% | +36.2% | -6.8% |
| 2020 | +21.5% | +7.8% | +43.4% |
| 2019 | +1.0% | +25.2% | +16.0% |
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 Annies Angels Memorial Fund Inc with a Mission Score of 78 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Annies Angels Memorial Fund Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% 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 $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence and resource allocation 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 Annies Angels Memorial Fund Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (2023, 2022, 2021), leading to asset depletion.
- Significant decrease in assets from $294,296 in 2022 to $204,031 in 2023.
Strengths
The following positive indicators were identified for Annies Angels Memorial Fund Inc:
- Consistent revenue growth over the past decade, from $339,419 in 2014 to $697,633 in 2023.
- Zero reported officer compensation across all available filings, indicating efficient use of funds.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Maintained a positive net asset position throughout its operational history.
Frequently Asked Questions about Annies Angels Memorial Fund Inc
Is Annies Angels Memorial Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Annies Angels Memorial Fund Inc (EIN: 208562444) some concerns. Mission Score: 78/100. 2 red flags identified, 4 strengths noted.
How does Annies Angels Memorial Fund Inc spend its money?
Annies Angels Memorial Fund Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Annies Angels Memorial Fund Inc tax-deductible?
Annies Angels Memorial Fund Inc is registered as a tax-exempt nonprofit (EIN: 208562444). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Annies Angels Memorial Fund Inc's spending goes to programs?
Annies Angels Memorial Fund Inc directs 80% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Annies Angels Memorial Fund Inc compare to similar nonprofits?
With a transparency score of 78/100 (Good), Annies Angels Memorial Fund Inc is above average for NTEE category G12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Annies Angels Memorial Fund Inc located?
Annies Angels Memorial Fund Inc is headquartered in Newfields, New Hampshire and files with the IRS under EIN 208562444. It is classified under NTEE code G12.
How many years of IRS 990 filings does Annies Angels Memorial Fund Inc have?
Annies Angels Memorial Fund Inc 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 $875K in total revenue.
Why have expenses exceeded revenue in recent years (e.g., $804,133 expenses vs. $697,633 revenue in 2023)?
The provided data shows that expenses have surpassed revenue in several recent periods (2023, 2022, 2021, 2017, 2015). This could be due to strategic investments, increased program delivery costs, or temporary funding gaps. Further detailed financial statements would be needed to understand the specific reasons for these deficits.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these categories. A full IRS Form 990 would contain Schedule G (for fundraising) and Part IX (for functional expenses) to provide this information.
How does the organization plan to address the recent decline in assets from $294,296 in 2022 to $204,031 in 2023?
The decline in assets is directly linked to expenses exceeding revenue in the most recent period. The organization would need to either increase revenue or reduce expenses to rebuild its asset base and ensure long-term financial stability.
Filing History
IRS 990 filing history for Annies Angels Memorial Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Annies Angels Memorial Fund Inc's revenue has grown by 498.4%, moving from $117K to $698K. Total assets increased by 118.9% over the same period, from $93K to $204K. Total functional expenses rose by 666.7%, from $105K to $804K. In its most recent filing year (2023), Annies Angels Memorial Fund Inc reported a deficit of $107K, with expenses exceeding revenue. The organization holds $2K in liabilities against $204K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $202K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $698K | $804K | $204K | $2K | — | — |
| 2022 | $659K | $694K | $294K | $2K | — | View 990 |
| 2021 | $513K | $546K | $347K | $2K | — | View 990 |
| 2020 | $496K | $401K | $372K | $14K | — | — |
| 2019 | $408K | $372K | $259K | $1K | — | View 990 |
| 2018 | $404K | $297K | $224K | $1K | — | View 990 |
| 2017 | $338K | $351K | $117K | $2K | — | View 990 |
| 2016 | $370K | $353K | $130K | $906 | — | View 990 |
| 2015 | $333K | $383K | $113K | $906 | — | View 990 |
| 2014 | $339K | $250K | $164K | $687 | — | View 990 |
| 2013 | $153K | $166K | $74K | $634 | — | View 990 |
| 2012 | $154K | $162K | $86K | $0 | — | View 990 |
| 2011 | $117K | $105K | $93K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $698K, expenses of $804K, and assets of $204K (revenue +5.9% year-over-year).
- 2022: Revenue of $659K, expenses of $694K, and assets of $294K (revenue +28.4% year-over-year).
- 2021: Revenue of $513K, expenses of $546K, and assets of $347K (revenue +3.5% year-over-year).
- 2020: Revenue of $496K, expenses of $401K, and assets of $372K (revenue +21.5% year-over-year).
- 2019: Revenue of $408K, expenses of $372K, and assets of $259K (revenue +1.0% year-over-year).
- 2018: Revenue of $404K, expenses of $297K, and assets of $224K (revenue +19.5% year-over-year).
- 2017: Revenue of $338K, expenses of $351K, and assets of $117K (revenue -8.6% year-over-year).
- 2016: Revenue of $370K, expenses of $353K, and assets of $130K (revenue +11.1% year-over-year).
- 2015: Revenue of $333K, expenses of $383K, and assets of $113K (revenue -2.0% year-over-year).
- 2014: Revenue of $339K, expenses of $250K, and assets of $164K (revenue +121.1% year-over-year).
- 2013: Revenue of $153K, expenses of $166K, and assets of $74K (revenue -0.4% year-over-year).
- 2012: Revenue of $154K, expenses of $162K, and assets of $86K (revenue +32.1% year-over-year).
- 2011: Revenue of $117K, expenses of $105K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Annies Angels Memorial Fund Inc:
Data Sources and Methodology
This transparency report for Annies Angels Memorial Fund 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.