James R And Charlotte A Noble Family Foundation
James R And Charlotte A Noble Family Foundation consistently spends more than it earns, drawing down assets.
EIN: 204063253 · Johnston, IA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $126 |
| Total Expenses | $723 |
| Program Spending | 80% |
| Net Assets | $3K |
| Transparency Score | 45/100 |
Is James R And Charlotte A Noble Family Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James R And Charlotte A Noble Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James R And Charlotte A Noble Family Foundation
James R And Charlotte A Noble Family Foundation (EIN: 204063253) is a nonprofit organization based in Johnston, IA, classified under NTEE code T20. The organization reported total revenue of $126 and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James R And Charlotte A Noble Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James R And Charlotte A Noble Family Foundation is a micro 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 -19.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160 |
| Total Expenses | $723 |
| Surplus / Deficit | $-563 |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $3K |
| Operating Margin | -351.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 53.8 months |
Financial Health Grade: B
In 2023, James R And Charlotte A Noble Family Foundation reported a deficit of $563 with expenses exceeding revenue, holds 53.8 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), James R And Charlotte A Noble Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +122.2% | -2.7% | -14.8% |
| 2022 | -98.6% | +0.7% | -15.0% |
| 2021 | +2394.1% | +23.2% | +2429.4% |
| 2020 | -39.0% | -11.9% | -54.1% |
| 2019 | -98.9% | -98.7% | -83.4% |
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 James R And Charlotte A Noble Family 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, James R And Charlotte A Noble Family Foundation 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 deficit of $563, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is a positive for resource allocation given the organization's small size and limited revenue.
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 James R And Charlotte A Noble Family Foundation's IRS 990 filings:
- Consistent operational deficits with expenses significantly exceeding revenue (e.g., $723 expenses vs. $160 revenue in 2023).
- Declining asset base over time, from $22,487 in 2014 to $3,243 in 2023, indicating a draw-down of resources.
- Very low and inconsistent revenue generation in recent years, raising sustainability concerns.
Strengths
The following positive indicators were identified for James R And Charlotte A Noble Family Foundation:
- No reported officer compensation, suggesting a volunteer-driven or highly efficient leadership structure.
- Extremely low liabilities ($1 reported consistently), indicating a very low debt burden.
Frequently Asked Questions about James R And Charlotte A Noble Family Foundation
Is James R And Charlotte A Noble Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, James R And Charlotte A Noble Family Foundation (EIN: 204063253) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does James R And Charlotte A Noble Family Foundation spend its money?
James R And Charlotte A Noble Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to James R And Charlotte A Noble Family Foundation tax-deductible?
James R And Charlotte A Noble Family Foundation is registered as a tax-exempt nonprofit (EIN: 204063253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of James R And Charlotte A Noble Family Foundation's spending goes to programs?
James R And Charlotte A Noble Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does James R And Charlotte A Noble Family Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), James R And Charlotte A Noble Family Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James R And Charlotte A Noble Family Foundation located?
James R And Charlotte A Noble Family Foundation is headquartered in Johnston, Iowa and files with the IRS under EIN 204063253. It is classified under NTEE code T20.
How many years of IRS 990 filings does James R And Charlotte A Noble Family Foundation have?
James R And Charlotte A Noble Family Foundation 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 $126 in total revenue.
How does the foundation cover its consistent operational deficits?
The foundation appears to cover its operational deficits by drawing down its asset base, as evidenced by expenses consistently exceeding revenue (e.g., $723 expenses vs. $160 revenue in 2023) and a declining trend in total assets from $22,487 in 2014 to $3,243 in 2023.
What is the primary source of funding for the foundation?
Based on the filing history, the foundation's revenue has been highly inconsistent and generally low in recent years, suggesting that its primary funding may come from initial endowments or contributions that are now being disbursed, rather than ongoing significant fundraising or investment income.
What are the specific program activities funded by the foundation?
The provided IRS 990 data does not offer a detailed breakdown of specific program activities or grants made, only total expenses. Further investigation of the full 990 forms would be needed to understand the nature of its philanthropic disbursements.
Filing History
IRS 990 filing history for James R And Charlotte A Noble Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James R And Charlotte A Noble Family Foundation's revenue has declined by 92%, moving from $2K to $160. Total assets increased by 1.1% over the same period, from $3K to $3K. Total functional expenses rose by 261.5%, from $200 to $723. In its most recent filing year (2023), James R And Charlotte A Noble Family Foundation reported a deficit of $563, with expenses exceeding revenue. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160 | $723 | $3K | $1 | — | — |
| 2022 | $72 | $743 | $4K | $1 | — | — |
| 2021 | $5K | $738 | $4K | $1 | — | — |
| 2020 | $202 | $599 | $177 | $1 | — | View 990 |
| 2019 | $331 | $680 | $386 | $1 | — | — |
| 2015 | $31K | $51K | $2K | $1 | — | View 990 |
| 2014 | $45K | $26K | $22K | $1 | — | View 990 |
| 2013 | $75 | $300 | $3K | $1 | — | View 990 |
| 2012 | $13 | $229 | $3K | $1 | — | View 990 |
| 2011 | $2K | $200 | $3K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160, expenses of $723, and assets of $3K (revenue +122.2% year-over-year).
- 2022: Revenue of $72, expenses of $743, and assets of $4K (revenue -98.6% year-over-year).
- 2021: Revenue of $5K, expenses of $738, and assets of $4K (revenue +2394.1% year-over-year).
- 2020: Revenue of $202, expenses of $599, and assets of $177 (revenue -39.0% year-over-year).
- 2019: Revenue of $331, expenses of $680, and assets of $386 (revenue -98.9% year-over-year).
- 2015: Revenue of $31K, expenses of $51K, and assets of $2K (revenue -30.9% year-over-year).
- 2014: Revenue of $45K, expenses of $26K, and assets of $22K (revenue +60249.3% year-over-year).
- 2013: Revenue of $75, expenses of $300, and assets of $3K (revenue +476.9% year-over-year).
- 2012: Revenue of $13, expenses of $229, and assets of $3K (revenue -99.4% year-over-year).
- 2011: Revenue of $2K, expenses of $200, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James R And Charlotte A Noble Family Foundation:
Data Sources and Methodology
This transparency report for James R And Charlotte A Noble Family 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.