Earth Angels Inc
EIN: 581873723 · Alpharetta, GA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $514K |
| Net Assets | $-2,755,895 |
Is Earth Angels Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Earth Angels Inc
Earth Angels Inc (EIN: 581873723) is a nonprofit organization based in Alpharetta, GA, classified under NTEE code P20. The organization reported total revenue of $227K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Earth Angels Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Earth Angels Inc is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $227K |
| Total Expenses | $514K |
| Surplus / Deficit | $-287,320 |
| Total Assets | $18K |
| Total Liabilities | $2.8M |
| Net Assets | $-2,755,895 |
| Operating Margin | -126.8% |
| Debt-to-Asset Ratio | 15116.9% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2022, Earth Angels Inc reported a deficit of $287K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 15116.9% (high leverage).
Financial Trends
Over 11 years of filings (2010–2022), Earth Angels Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +1.3% | +1.3% | -62.6% |
| 2021 | -9.9% | +1.9% | +251.7% |
| 2020 | +100.7% | -30.1% | +5437.3% |
| 2019 | -52.3% | +23.0% | -93.8% |
| 2018 | -15.8% | +10.7% | -90.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Earth Angels Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Earth Angels Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $287K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15116.9%.
Frequently Asked Questions about Earth Angels Inc
Is Earth Angels Inc a legitimate charity?
Earth Angels Inc (EIN: 581873723) is a registered tax-exempt nonprofit based in Georgia. It has 11 years of IRS 990 filings on record. Total revenue: $227K. No red flags identified. Financial health grade: D.
How does Earth Angels Inc spend its money?
Earth Angels Inc reported $227K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Earth Angels Inc tax-deductible?
Earth Angels Inc is registered as a tax-exempt nonprofit (EIN: 581873723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Earth Angels Inc located?
Earth Angels Inc is headquartered in Alpharetta, Georgia and files with the IRS under EIN 581873723. It is classified under NTEE code P20.
How many years of IRS 990 filings does Earth Angels Inc have?
Earth Angels Inc has 11 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 $227K in total revenue.
Filing History
IRS 990 filing history for Earth Angels Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2022), Earth Angels Inc's revenue has declined by 59.1%, moving from $554K to $227K. Total assets decreased by 68.3% over the same period, from $58K to $18K. Total functional expenses rose by 68.6%, from $305K to $514K. In its most recent filing year (2022), Earth Angels Inc reported a deficit of $287K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $18K in assets (debt-to-asset ratio: 15116.9%), resulting in net assets of $-2,755,895.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $227K | $514K | $18K | $2.8M | — | View 990 |
| 2021 | $224K | $507K | $49K | $2.5M | — | View 990 |
| 2020 | $248K | $498K | $14K | $2.2M | — | View 990 |
| 2019 | $124K | $712K | $252 | $1.9M | — | View 990 |
| 2018 | $259K | $579K | $4K | $1.4M | — | View 990 |
| 2015 | $307K | $523K | $44K | $725K | — | View 990 |
| 2014 | $364K | $415K | $80K | $956K | — | View 990 |
| 2013 | $253K | $311K | $101K | $828K | — | View 990 |
| 2012 | $9K | $231K | $51K | $1.3M | — | — |
| 2011 | $140K | $317K | $57K | $1.1M | — | View 990 |
| 2010 | $554K | $305K | $58K | $934K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $227K, expenses of $514K, and assets of $18K (revenue +1.3% year-over-year).
- 2021: Revenue of $224K, expenses of $507K, and assets of $49K (revenue -9.9% year-over-year).
- 2020: Revenue of $248K, expenses of $498K, and assets of $14K (revenue +100.7% year-over-year).
- 2019: Revenue of $124K, expenses of $712K, and assets of $252 (revenue -52.3% year-over-year).
- 2018: Revenue of $259K, expenses of $579K, and assets of $4K (revenue -15.8% year-over-year).
- 2015: Revenue of $307K, expenses of $523K, and assets of $44K (revenue -15.5% year-over-year).
- 2014: Revenue of $364K, expenses of $415K, and assets of $80K (revenue +44.0% year-over-year).
- 2013: Revenue of $253K, expenses of $311K, and assets of $101K (revenue +2637.3% year-over-year).
- 2012: Revenue of $9K, expenses of $231K, and assets of $51K (revenue -93.4% year-over-year).
- 2011: Revenue of $140K, expenses of $317K, and assets of $57K (revenue -74.8% year-over-year).
- 2010: Revenue of $554K, expenses of $305K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Earth Angels Inc:
Data Sources and Methodology
This transparency report for Earth Angels 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.