Couchman & Noble Foundation Inc
Couchman & Noble Foundation maintains strong asset base and zero officer compensation amidst fluctuating revenues.
EIN: 200499527 · Atlanta, GA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $712K |
| Total Expenses | $269K |
| Program Spending | 85% |
| Net Assets | $2.1M |
| Transparency Score | 88/100 |
Is Couchman & Noble Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Couchman & Noble Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Couchman & Noble Foundation Inc
Couchman & Noble Foundation Inc (EIN: 200499527) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T22. The organization reported total revenue of $712K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Couchman & Noble Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Couchman & Noble Foundation Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $269K |
| Surplus / Deficit | $-50,572 |
| Total Assets | $2.1M |
| Total Liabilities | $1 |
| Net Assets | $2.1M |
| Operating Margin | -23.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 92.6 months |
Financial Health Grade: B
In 2023, Couchman & Noble Foundation Inc reported a deficit of $51K with expenses exceeding revenue, holds 92.6 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), Couchman & Noble Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.5% | -6.2% | -4.2% |
| 2022 | -14.6% | +23.4% | +5.3% |
| 2021 | +617.8% | +14.4% | +4.6% |
| 2020 | -48.6% | -18.9% | -6.6% |
| 2019 | -71.2% | +113.5% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Couchman & Noble Foundation Inc with a Mission Score of 88 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, Couchman & Noble Foundation Inc 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 deficit of $51K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation.
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 Couchman & Noble Foundation Inc's IRS 990 filings:
- Fluctuating revenue makes long-term financial planning and program consistency potentially challenging.
- Expenses occasionally exceed revenue, as seen in 202312 where expenses were $269,328 against $218,756 revenue, which could draw down assets if not balanced over time.
Strengths
The following positive indicators were identified for Couchman & Noble Foundation Inc:
- Strong asset base, consistently over $2 million, providing financial stability.
- Extremely low liabilities ($1 reported in most recent filings) indicating excellent financial management and minimal debt.
- Zero officer compensation reported across all filings, suggesting high dedication of funds to mission and potentially volunteer leadership.
- Consistent filing history (10 filings) demonstrates transparency and compliance.
- Latest revenue of $712,409 is significantly higher than previous years, indicating potential for increased program impact.
Frequently Asked Questions about Couchman & Noble Foundation Inc
Is Couchman & Noble Foundation Inc a legitimate charity?
Couchman & Noble Foundation Inc (EIN: 200499527) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 88/100. It has 10 years of IRS 990 filings on record. Total revenue: $712K. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Couchman & Noble Foundation Inc spend its money?
Couchman & Noble Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Couchman & Noble Foundation Inc tax-deductible?
Couchman & Noble Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200499527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Couchman & Noble Foundation Inc's spending goes to programs?
Couchman & Noble Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Couchman & Noble Foundation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Couchman & Noble Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Couchman & Noble Foundation Inc located?
Couchman & Noble Foundation Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 200499527. It is classified under NTEE code T22.
How many years of IRS 990 filings does Couchman & Noble Foundation Inc have?
Couchman & Noble 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 $712K in total revenue.
Is Couchman & Noble Foundation Inc a good charity?
Based on the available data, the Couchman & Noble Foundation Inc appears to be a well-managed charity with strong financial health, evidenced by its substantial assets ($2,154,705) and minimal liabilities ($1). The consistent reporting of zero officer compensation is a significant positive, suggesting a high dedication of resources to its mission rather than executive salaries. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its efficiency.
How has the organization's revenue trended over time?
The organization's revenue has shown considerable volatility, ranging from $65,518 in 2020 to $712,409 in the latest period. While there isn't a clear upward or downward trend, the latest revenue figure is significantly higher than previous years, indicating potential growth or successful fundraising efforts.
What is the organization's liability situation?
The Couchman & Noble Foundation Inc consistently reports extremely low liabilities, typically $1 across most recent filings. This indicates excellent financial management and a very low reliance on debt, which is a strong positive indicator of financial stability.
Does the organization compensate its officers?
No, the IRS 990 filings consistently report 0% for officer compensation across all available periods, suggesting that the organization's leadership is not compensated through traditional officer salaries.
What is the general financial health of the foundation?
The foundation exhibits strong financial health, with assets consistently over $2 million in recent years (e.g., $2,154,705 latest) and negligible liabilities. While expenses have sometimes exceeded revenue (e.g., 202312: Revenue=$218,756, Expenses=$269,328), the substantial asset base provides a strong buffer and indicates long-term stability.
Filing History
IRS 990 filing history for Couchman & Noble Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Couchman & Noble Foundation Inc's revenue has grown by 81.5%, moving from $121K to $219K. Total assets increased by 47% over the same period, from $1.4M to $2.1M. Total functional expenses rose by 188.1%, from $93K to $269K. In its most recent filing year (2023), Couchman & Noble Foundation Inc reported a deficit of $51K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $269K | $2.1M | $1 | — | View 990 |
| 2022 | $402K | $287K | $2.2M | $1 | — | View 990 |
| 2021 | $470K | $233K | $2.1M | $1 | — | View 990 |
| 2020 | $66K | $203K | $2.0M | $1 | — | View 990 |
| 2019 | $127K | $251K | $2.1M | $1 | — | View 990 |
| 2015 | $443K | $117K | $2.1M | $1 | — | View 990 |
| 2014 | $578K | $115K | $1.9M | $1 | — | View 990 |
| 2013 | $198K | $108K | $1.5M | $1 | — | View 990 |
| 2012 | $156K | $108K | $1.5M | $0 | — | View 990 |
| 2011 | $121K | $93K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $269K, and assets of $2.1M (revenue -45.5% year-over-year).
- 2022: Revenue of $402K, expenses of $287K, and assets of $2.2M (revenue -14.6% year-over-year).
- 2021: Revenue of $470K, expenses of $233K, and assets of $2.1M (revenue +617.8% year-over-year).
- 2020: Revenue of $66K, expenses of $203K, and assets of $2.0M (revenue -48.6% year-over-year).
- 2019: Revenue of $127K, expenses of $251K, and assets of $2.1M (revenue -71.2% year-over-year).
- 2015: Revenue of $443K, expenses of $117K, and assets of $2.1M (revenue -23.5% year-over-year).
- 2014: Revenue of $578K, expenses of $115K, and assets of $1.9M (revenue +191.7% year-over-year).
- 2013: Revenue of $198K, expenses of $108K, and assets of $1.5M (revenue +27.2% year-over-year).
- 2012: Revenue of $156K, expenses of $108K, and assets of $1.5M (revenue +29.2% year-over-year).
- 2011: Revenue of $121K, expenses of $93K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Couchman & Noble Foundation Inc:
Data Sources and Methodology
This transparency report for Couchman & Noble 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.