Imerman Angels
Imerman Angels shows consistent revenue growth and no reported officer compensation, with increasing liabilities.
EIN: 205621272 · Chicago, IL · NTEE: G30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Program Spending | 80% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Imerman Angels Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Imerman Angels directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Imerman Angels
Imerman Angels (EIN: 205621272) is a nonprofit organization based in Chicago, IL, classified under NTEE code G30. The organization reported total revenue of $2.4M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Imerman Angels's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Imerman Angels is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$240K |
| Total Assets | $2.0M |
| Total Liabilities | $803K |
| Net Assets | $1.2M |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 39.6% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, Imerman Angels reported a surplus of $240K with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 39.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Imerman Angels's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.2% | +17.3% | +37.0% |
| 2022 | +4.4% | +26.8% | -11.0% |
| 2021 | +35.7% | +14.3% | +4.1% |
| 2020 | -34.6% | -32.9% | +75.6% |
| 2019 | +30.4% | +6.9% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Imerman Angels with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Imerman Angels allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 surplus of $240K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.6%.
Executive Compensation Analysis
Imerman Angels consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong dedication of resources to program services or that officers are uncompensated volunteers.
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 Imerman Angels's IRS 990 filings:
- Significant increase in liabilities from $52,101 in 2019 to $803,433 in 2023, which requires further scrutiny.
Strengths
The following positive indicators were identified for Imerman Angels:
- Consistent revenue growth, from $1,474,703 in 2014 to $2,320,580 in 2023.
- No reported officer compensation across all filings, indicating efficient use of funds for mission.
- Positive net income in recent years, such as 2023 where revenue ($2,320,580) exceeded expenses ($2,080,344).
- Healthy asset growth, reaching $2,030,117 in 2023.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency.
Frequently Asked Questions about Imerman Angels
Is Imerman Angels a legitimate charity?
Imerman Angels (EIN: 205621272) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Imerman Angels spend its money?
Imerman Angels directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Imerman Angels tax-deductible?
Imerman Angels is registered as a tax-exempt nonprofit (EIN: 205621272). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Imerman Angels's spending goes to programs?
Imerman Angels directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Imerman Angels compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Imerman Angels is above average for NTEE category G30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Imerman Angels located?
Imerman Angels is headquartered in Chicago, Illinois and files with the IRS under EIN 205621272. It is classified under NTEE code G30.
How many years of IRS 990 filings does Imerman Angels have?
Imerman Angels 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 $2.4M in total revenue.
Is Imerman Angels a good charity?
Based on the provided data, Imerman Angels appears to be a good charity. It demonstrates consistent revenue growth, positive net income in recent years (e.g., 2023 revenue $2,320,580 vs. expenses $2,080,344), and a notable absence of reported officer compensation, suggesting a strong focus on its mission.
What is the trend in Imerman Angels' revenue and expenses?
Imerman Angels has shown a positive trend in revenue, growing from $1,474,703 in 2014 to $2,320,580 in 2023. Expenses have also increased but have generally been lower than revenue in recent years, leading to a surplus, particularly in 2023 ($2,320,580 revenue vs. $2,080,344 expenses).
Why are liabilities increasing for Imerman Angels?
Liabilities for Imerman Angels have significantly increased, from $52,101 in 2019 to $803,433 in 2023. Without further detail, it's unclear what specific factors are driving this increase, but it warrants further investigation to understand the nature of these obligations.
Filing History
IRS 990 filing history for Imerman Angels showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Imerman Angels's revenue has grown by 360.5%, moving from $504K to $2.3M. Total assets increased by 82.8% over the same period, from $1.1M to $2.0M. Total functional expenses rose by 253.7%, from $588K to $2.1M. In its most recent filing year (2023), Imerman Angels reported a surplus of $240K, with revenue exceeding expenses. The organization holds $803K in liabilities against $2.0M in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.1M | $2.0M | $803K | — | — |
| 2022 | $1.7M | $1.8M | $1.5M | $538K | — | View 990 |
| 2021 | $1.6M | $1.4M | $1.7M | $561K | — | View 990 |
| 2020 | $1.2M | $1.2M | $1.6M | $715K | — | View 990 |
| 2019 | $1.8M | $1.8M | $911K | $52K | — | View 990 |
| 2018 | $1.4M | $1.7M | $823K | $36K | — | View 990 |
| 2017 | $1.8M | $1.6M | $1.2M | $46K | — | — |
| 2016 | $1.5M | $1.8M | $962K | $63K | — | View 990 |
| 2015 | $1.6M | $1.8M | $1.2M | $55K | — | View 990 |
| 2014 | $1.5M | $1.2M | $1.4M | $45K | — | View 990 |
| 2013 | $787K | $1.0M | $1.1M | $70K | — | View 990 |
| 2012 | $864K | $703K | $1.3M | $27K | — | View 990 |
| 2011 | $504K | $588K | $1.1M | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.1M, and assets of $2.0M (revenue +36.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.8M, and assets of $1.5M (revenue +4.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $1.7M (revenue +35.7% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $1.6M (revenue -34.6% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $911K (revenue +30.4% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.7M, and assets of $823K (revenue -21.0% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.6M, and assets of $1.2M (revenue +20.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.8M, and assets of $962K (revenue -9.0% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.8M, and assets of $1.2M (revenue +10.1% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $1.4M (revenue +87.4% year-over-year).
- 2013: Revenue of $787K, expenses of $1.0M, and assets of $1.1M (revenue -8.9% year-over-year).
- 2012: Revenue of $864K, expenses of $703K, and assets of $1.3M (revenue +71.4% year-over-year).
- 2011: Revenue of $504K, expenses of $588K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Imerman Angels:
Data Sources and Methodology
This transparency report for Imerman Angels 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.