Naomi
Naomi shows stable assets and no officer compensation, but recent years indicate expenses exceeding revenue.
EIN: 201171003 · Spokane Vly, WA · NTEE: L21 · Updated: 2026-03-28
Is Naomi Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Naomi directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Naomi
Naomi (EIN: 201171003) is a nonprofit organization based in Spokane Vly, WA, classified under NTEE code L21. The organization reported total revenue of $765K and total assets of $652K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Naomi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Naomi is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $230K |
| Surplus / Deficit | $-40,183 |
| Total Assets | $758K |
| Total Liabilities | $5K |
| Net Assets | $752K |
| Operating Margin | -21.2% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 39.6 months |
Financial Health Grade: B
In 2023, Naomi reported a deficit of $40K with expenses exceeding revenue, holds 39.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Naomi's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.4% | -2.3% | -4.8% |
| 2022 | +22.0% | +7.8% | +2.8% |
| 2021 | -7.3% | +21.5% | -1.0% |
| 2020 | -6.7% | +1.3% | -5.4% |
| 2019 | -97.0% | +4.6% | -89.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Naomi 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Naomi 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 $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Naomi consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational structure.
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 Naomi's IRS 990 filings:
- Expenses consistently exceeding revenue in the last three reported periods (2021-2023).
- Unexplained significant spike in revenue and assets in 2018, followed by a return to previous levels, which could indicate an unusual one-time event or reporting anomaly.
- 0% officer compensation, while positive for efficiency, is highly unusual for an organization of this size and could indicate a lack of professional leadership or miscategorization of expenses.
Strengths
The following positive indicators were identified for Naomi:
- Consistent reporting of 0% officer compensation, indicating very low administrative overhead.
- Healthy asset base relative to liabilities, demonstrating good financial management of existing resources.
- Consistent filing of IRS 990s over 13 periods, indicating strong transparency and compliance.
- Strong program focus implied by low administrative and fundraising costs.
Frequently Asked Questions about Naomi
Is Naomi a legitimate charity?
Based on AI analysis of IRS 990 filings, Naomi (EIN: 201171003) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Naomi spend its money?
Naomi directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Naomi tax-deductible?
Naomi is registered as a tax-exempt nonprofit (EIN: 201171003). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant spike in revenue and assets in 2018?
In 2018, Naomi reported an extraordinary revenue of $8,173,500 and assets of $7,879,612, significantly higher than any other year. This could be due to a large one-time grant, a major capital campaign, or a significant non-cash contribution. Further investigation into the 2018 990 filing's Schedule A or Statement of Revenue would be necessary to understand the source of this anomaly.
How does Naomi sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that executive functions are performed by staff whose compensation is categorized under other expense lines, or that the organization is very small and relies heavily on unpaid leadership. This is a strong indicator of low administrative overhead.
What is the reason for expenses exceeding revenue in recent years?
For the periods 2021, 2022, and 2023, Naomi's expenses have consistently exceeded its revenue. For example, in 2023, expenses were $229,604 against $189,421 in revenue. This trend, if continued, could lead to a depletion of reserves over time, although the organization currently maintains a healthy asset base.
Is Naomi financially stable despite recent deficits?
While Naomi has experienced deficits in the last three reported periods, its asset base remains strong ($757,620 in 2023) and liabilities are very low ($5,490 in 2023). This suggests that the organization has sufficient reserves to cover short-term deficits, but the trend of spending more than it earns needs to be addressed for long-term sustainability.
Filing History
IRS 990 filing history for Naomi showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Naomi's revenue has grown by 3.7%, moving from $183K to $189K. Total assets increased by 395.5% over the same period, from $153K to $758K. Total functional expenses rose by 383.7%, from $47K to $230K. In its most recent filing year (2023), Naomi reported a deficit of $40K, with expenses exceeding revenue. The organization holds $5K in liabilities against $758K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $752K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $230K | $758K | $5K | — | — |
| 2022 | $257K | $235K | $796K | $4K | — | View 990 |
| 2021 | $211K | $218K | $774K | $4K | — | — |
| 2020 | $228K | $180K | $782K | $4K | — | — |
| 2019 | $244K | $177K | $827K | $97K | — | View 990 |
| 2018 | $8.2M | $169K | $7.9M | $4.7M | — | View 990 |
| 2017 | $327K | $181K | $609K | $3K | — | View 990 |
| 2016 | $363K | $128K | $463K | $3K | — | View 990 |
| 2015 | $160K | $103K | $362K | $137K | — | View 990 |
| 2014 | $115K | $101K | $311K | $143K | — | View 990 |
| 2013 | $95K | $70K | $298K | $144K | — | View 990 |
| 2012 | $58K | $82K | $277K | $148K | — | View 990 |
| 2011 | $183K | $47K | $153K | $229 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $230K, and assets of $758K (revenue -26.4% year-over-year).
- 2022: Revenue of $257K, expenses of $235K, and assets of $796K (revenue +22.0% year-over-year).
- 2021: Revenue of $211K, expenses of $218K, and assets of $774K (revenue -7.3% year-over-year).
- 2020: Revenue of $228K, expenses of $180K, and assets of $782K (revenue -6.7% year-over-year).
- 2019: Revenue of $244K, expenses of $177K, and assets of $827K (revenue -97.0% year-over-year).
- 2018: Revenue of $8.2M, expenses of $169K, and assets of $7.9M (revenue +2398.6% year-over-year).
- 2017: Revenue of $327K, expenses of $181K, and assets of $609K (revenue -10.0% year-over-year).
- 2016: Revenue of $363K, expenses of $128K, and assets of $463K (revenue +127.6% year-over-year).
- 2015: Revenue of $160K, expenses of $103K, and assets of $362K (revenue +39.4% year-over-year).
- 2014: Revenue of $115K, expenses of $101K, and assets of $311K (revenue +20.8% year-over-year).
- 2013: Revenue of $95K, expenses of $70K, and assets of $298K (revenue +63.1% year-over-year).
- 2012: Revenue of $58K, expenses of $82K, and assets of $277K (revenue -68.2% year-over-year).
- 2011: Revenue of $183K, expenses of $47K, and assets of $153K.
Data Sources and Methodology
This transparency report for Naomi 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.