Naomi New Attitude On My Image Inc
Naomi New Attitude On My Image Inc. consistently spends more than it earns, accumulating deficits in recent years.
EIN: 141955709 · Toledo, OH · NTEE: L40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $399K |
| Total Expenses | $521K |
| Program Spending | 75% |
| Net Assets | $208K |
| Transparency Score | 65/100 |
Is Naomi New Attitude On My Image Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Naomi New Attitude On My Image Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Naomi New Attitude On My Image Inc
Naomi New Attitude On My Image Inc (EIN: 141955709) is a nonprofit organization based in Toledo, OH, classified under NTEE code L40. The organization reported total revenue of $399K and total assets of $329K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Naomi New Attitude On My Image Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Naomi New Attitude On My Image Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $322K |
| Total Expenses | $521K |
| Surplus / Deficit | $-198,801 |
| Total Assets | $370K |
| Total Liabilities | $162K |
| Net Assets | $208K |
| Operating Margin | -61.7% |
| Debt-to-Asset Ratio | 43.8% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2023, Naomi New Attitude On My Image Inc reported a deficit of $199K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 43.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2009–2023), Naomi New Attitude On My Image Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.5% | -1.3% | -41.2% |
| 2022 | -6.5% | -8.9% | +29.4% |
| 2021 | -6.6% | -4.0% | -15.4% |
| 2020 | +12.3% | +6.7% | +12.5% |
| 2019 | +2.1% | +24.1% | +31.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Naomi New Attitude On My Image Inc with a Mission Score of 65 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Naomi New Attitude On My Image Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $199K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors received compensation from the organization, which is a strong positive for transparency and resource allocation.
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 New Attitude On My Image Inc's IRS 990 filings:
- Consistent operational deficits where expenses exceed revenue in the last five reported periods.
- Increasing trend in liabilities, reaching $161,867 in 202306 from $0 in 201706 and 201806.
Strengths
The following positive indicators were identified for Naomi New Attitude On My Image Inc:
- Zero reported officer compensation across all available filings, indicating strong financial transparency in executive pay.
- Long operational history with 14 filings, suggesting established presence.
- Maintains substantial assets ($369,766 in 202306) despite recent deficits.
Frequently Asked Questions about Naomi New Attitude On My Image Inc
Is Naomi New Attitude On My Image Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Naomi New Attitude On My Image Inc (EIN: 141955709) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Naomi New Attitude On My Image Inc spend its money?
Naomi New Attitude On My Image Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Naomi New Attitude On My Image Inc tax-deductible?
Naomi New Attitude On My Image Inc is registered as a tax-exempt nonprofit (EIN: 141955709). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Naomi New Attitude On My Image Inc's spending goes to programs?
Naomi New Attitude On My Image Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Naomi New Attitude On My Image Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Naomi New Attitude On My Image Inc is above average for NTEE category L40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Naomi New Attitude On My Image Inc located?
Naomi New Attitude On My Image Inc is headquartered in Toledo, Ohio and files with the IRS under EIN 141955709. It is classified under NTEE code L40.
How many years of IRS 990 filings does Naomi New Attitude On My Image Inc have?
Naomi New Attitude On My Image Inc has 14 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 $399K in total revenue.
Is Naomi New Attitude On My Image Inc. financially sustainable given its recurring deficits?
The organization has reported expenses exceeding revenue in the last five available periods (201906-202306). For example, in 202306, expenses were $521,196 against revenues of $322,395. This trend raises concerns about long-term financial sustainability if not addressed.
What is the trend in the organization's liabilities?
Liabilities have shown an increasing trend in recent years, rising from $0 in 201706 and 201806 to $161,867 in 202306, which warrants closer examination.
How does the organization cover its operational deficits?
With consistent deficits, such as the $198,801 deficit in 202306, the organization likely draws from its assets or relies on prior period surpluses to cover operational costs. This is not sustainable indefinitely.
Filing History
IRS 990 filing history for Naomi New Attitude On My Image Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2023), Naomi New Attitude On My Image Inc's revenue has grown by 188.7%, moving from $112K to $322K. Total assets increased by 615.2% over the same period, from $52K to $370K. Total functional expenses rose by 348.5%, from $116K to $521K. In its most recent filing year (2023), Naomi New Attitude On My Image Inc reported a deficit of $199K, with expenses exceeding revenue. The organization holds $162K in liabilities against $370K in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $208K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $322K | $521K | $370K | $162K | — | View 990 |
| 2022 | $524K | $528K | $629K | $175K | — | View 990 |
| 2021 | $561K | $579K | $486K | $189K | — | View 990 |
| 2020 | $600K | $604K | $574K | $286K | — | View 990 |
| 2019 | $535K | $566K | $510K | $176K | — | View 990 |
| 2018 | $524K | $456K | $388K | $0 | — | View 990 |
| 2017 | $507K | $396K | $316K | $0 | — | View 990 |
| 2016 | $437K | $377K | $241K | $12K | — | View 990 |
| 2015 | $395K | $344K | $183K | $14K | — | View 990 |
| 2014 | $337K | $284K | $129K | $12K | — | View 990 |
| 2013 | $173K | $143K | $72K | $8K | — | View 990 |
| 2012 | $103K | $102K | $5K | $0 | — | View 990 |
| 2011 | $100K | $76K | $47K | $10K | — | View 990 |
| 2009 | $112K | $116K | $52K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $322K, expenses of $521K, and assets of $370K (revenue -38.5% year-over-year).
- 2022: Revenue of $524K, expenses of $528K, and assets of $629K (revenue -6.5% year-over-year).
- 2021: Revenue of $561K, expenses of $579K, and assets of $486K (revenue -6.6% year-over-year).
- 2020: Revenue of $600K, expenses of $604K, and assets of $574K (revenue +12.3% year-over-year).
- 2019: Revenue of $535K, expenses of $566K, and assets of $510K (revenue +2.1% year-over-year).
- 2018: Revenue of $524K, expenses of $456K, and assets of $388K (revenue +3.2% year-over-year).
- 2017: Revenue of $507K, expenses of $396K, and assets of $316K (revenue +15.9% year-over-year).
- 2016: Revenue of $437K, expenses of $377K, and assets of $241K (revenue +10.8% year-over-year).
- 2015: Revenue of $395K, expenses of $344K, and assets of $183K (revenue +17.0% year-over-year).
- 2014: Revenue of $337K, expenses of $284K, and assets of $129K (revenue +94.8% year-over-year).
- 2013: Revenue of $173K, expenses of $143K, and assets of $72K (revenue +68.5% year-over-year).
- 2012: Revenue of $103K, expenses of $102K, and assets of $5K (revenue +2.5% year-over-year).
- 2011: Revenue of $100K, expenses of $76K, and assets of $47K (revenue -10.2% year-over-year).
- 2009: Revenue of $112K, expenses of $116K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Naomi New Attitude On My Image Inc:
Data Sources and Methodology
This transparency report for Naomi New Attitude On My Image 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.