Guardian Of Angels Foundation
Guardian Of Angels Foundation faces declining assets and consistent deficit spending.
EIN: 202542368 · Boulder, CO · NTEE: I20 · Updated: 2026-03-28
Is Guardian Of Angels Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Guardian Of Angels Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Guardian Of Angels Foundation
Guardian Of Angels Foundation (EIN: 202542368) is a nonprofit organization based in Boulder, CO, classified under NTEE code I20. The organization reported total revenue of $355K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guardian Of Angels Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Guardian Of Angels Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $293K |
| Total Expenses | $300K |
| Surplus / Deficit | $-7,831 |
| Total Assets | $287K |
| Total Liabilities | $1 |
| Net Assets | $287K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 11.4 months |
Financial Health Grade: B
In 2023, Guardian Of Angels Foundation reported a deficit of $8K with expenses exceeding revenue, holds 11.4 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), Guardian Of Angels Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +176.2% | +82.9% | -2.7% |
| 2022 | -8.5% | -10.9% | -16.5% |
| 2021 | +24.1% | -35.4% | -16.3% |
| 2020 | +258.1% | +51.1% | -31.3% |
| 2019 | +243.7% | +265.8% | -38.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Guardian Of Angels Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Guardian Of Angels Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a strong commitment to minimizing executive pay and directing funds towards its mission.
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 Guardian Of Angels Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., 2023 expenses $300,445 vs. revenue $292,614.
- Significant decline in assets from over $1 million in 2014 to $286,567 in 2023.
- Unusual and consistent reporting of $1 in liabilities across all filings, which may indicate a reporting issue.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for Guardian Of Angels Foundation:
- No reported officer compensation, indicating a commitment to directing funds to the mission rather than executive salaries.
- Long filing history (10 filings), suggesting a consistent presence, though financial health has deteriorated.
Frequently Asked Questions about Guardian Of Angels Foundation
Is Guardian Of Angels Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Guardian Of Angels Foundation (EIN: 202542368) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Guardian Of Angels Foundation spend its money?
Guardian Of Angels Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Guardian Of Angels Foundation tax-deductible?
Guardian Of Angels Foundation is registered as a tax-exempt nonprofit (EIN: 202542368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses consistently exceeded revenue in recent years?
From 2019 to 2023, expenses have consistently outpaced revenue, leading to a significant draw-down on assets. For instance, in 2023, expenses were $300,445 while revenue was $292,614.
What caused the substantial decline in assets?
Assets have decreased from over $1 million in 2014 to $286,567 in 2023, primarily due to the organization spending more than it earns for several consecutive years.
Is the reported $1 in liabilities accurate across all filings?
The consistent reporting of $1 in liabilities across all ten filings is highly unusual and warrants clarification regarding the organization's actual financial obligations.
How does the organization plan to achieve financial sustainability?
Given the trend of deficit spending and declining assets, the organization needs a clear strategy to increase revenue or reduce expenses to ensure long-term viability.
Filing History
IRS 990 filing history for Guardian Of Angels Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Guardian Of Angels Foundation's revenue has grown by 0.3%, moving from $292K to $293K. Total assets decreased by 66.6% over the same period, from $859K to $287K. Total functional expenses rose by 449.9%, from $55K to $300K. In its most recent filing year (2023), Guardian Of Angels Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $287K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $287K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $293K | $300K | $287K | $1 | — | View 990 |
| 2022 | $106K | $164K | $294K | $1 | — | — |
| 2021 | $116K | $184K | $353K | $1 | — | View 990 |
| 2020 | $93K | $285K | $421K | $1 | — | View 990 |
| 2019 | $26K | $189K | $613K | $1 | — | — |
| 2015 | $8K | $52K | $991K | $1 | — | View 990 |
| 2014 | $408K | $18K | $1.0M | $1 | — | View 990 |
| 2013 | $835 | $17K | $819K | $1 | — | View 990 |
| 2012 | $1K | $25K | $835K | $1 | — | View 990 |
| 2011 | $292K | $55K | $859K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $293K, expenses of $300K, and assets of $287K (revenue +176.2% year-over-year).
- 2022: Revenue of $106K, expenses of $164K, and assets of $294K (revenue -8.5% year-over-year).
- 2021: Revenue of $116K, expenses of $184K, and assets of $353K (revenue +24.1% year-over-year).
- 2020: Revenue of $93K, expenses of $285K, and assets of $421K (revenue +258.1% year-over-year).
- 2019: Revenue of $26K, expenses of $189K, and assets of $613K (revenue +243.7% year-over-year).
- 2015: Revenue of $8K, expenses of $52K, and assets of $991K (revenue -98.1% year-over-year).
- 2014: Revenue of $408K, expenses of $18K, and assets of $1.0M (revenue +48719.3% year-over-year).
- 2013: Revenue of $835, expenses of $17K, and assets of $819K (revenue -32.8% year-over-year).
- 2012: Revenue of $1K, expenses of $25K, and assets of $835K (revenue -99.6% year-over-year).
- 2011: Revenue of $292K, expenses of $55K, and assets of $859K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Guardian Of Angels Foundation:
Data Sources and Methodology
This transparency report for Guardian Of Angels 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.