Newnan Coweta Angels House Inc
EIN: 311753947 · Newnan, GA · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $653K |
| Total Expenses | $129K |
| Net Assets | $1.7M |
Is Newnan Coweta Angels House Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Newnan Coweta Angels House Inc
Newnan Coweta Angels House Inc (EIN: 311753947) is a nonprofit organization based in Newnan, GA, classified under NTEE code L41. The organization reported total revenue of $653K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newnan Coweta Angels House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newnan Coweta Angels House Inc is a small nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $341K |
| Total Expenses | $129K |
| Surplus / Deficit | +$211K |
| Total Assets | $1.7M |
| Total Liabilities | $380 |
| Net Assets | $1.7M |
| Operating Margin | 62.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 161.2 months |
Financial Health Grade: A
In 2024, Newnan Coweta Angels House Inc reported a surplus of $211K with revenue exceeding expenses, holds 161.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Newnan Coweta Angels House Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.5% | -43.7% | +20.2% |
| 2023 | +18.8% | -3.4% | +10.4% |
| 2022 | +3.9% | -18.3% | -12.0% |
| 2021 | +16.8% | +27.2% | +13.8% |
| 2020 | -63.6% | -53.3% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Newnan Coweta Angels House Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Newnan Coweta Angels House Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $211K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Newnan Coweta Angels House Inc
Is Newnan Coweta Angels House Inc a legitimate charity?
Newnan Coweta Angels House Inc (EIN: 311753947) is a registered tax-exempt nonprofit based in Georgia. It has 14 years of IRS 990 filings on record. Total revenue: $653K. No red flags identified. Financial health grade: A.
How does Newnan Coweta Angels House Inc spend its money?
Newnan Coweta Angels House Inc reported $653K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Newnan Coweta Angels House Inc tax-deductible?
Newnan Coweta Angels House Inc is registered as a tax-exempt nonprofit (EIN: 311753947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Newnan Coweta Angels House Inc located?
Newnan Coweta Angels House Inc is headquartered in Newnan, Georgia and files with the IRS under EIN 311753947. It is classified under NTEE code L41.
How many years of IRS 990 filings does Newnan Coweta Angels House Inc have?
Newnan Coweta Angels House 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 $653K in total revenue.
Filing History
IRS 990 filing history for Newnan Coweta Angels House Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Newnan Coweta Angels House Inc's revenue has grown by 3.8%, moving from $328K to $341K. Total assets increased by 77.3% over the same period, from $980K to $1.7M. Total functional expenses fell by 59.5%, from $319K to $129K. In its most recent filing year (2024), Newnan Coweta Angels House Inc reported a surplus of $211K, with revenue exceeding expenses. The organization holds $380 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $341K | $129K | $1.7M | $380 | — | — |
| 2023 | $339K | $230K | $1.4M | $882 | — | View 990 |
| 2022 | $285K | $238K | $1.3M | $12K | — | View 990 |
| 2021 | $274K | $291K | $1.5M | $19K | — | View 990 |
| 2020 | $235K | $229K | $1.3M | $19K | — | View 990 |
| 2019 | $646K | $490K | $1.3M | $10K | — | View 990 |
| 2018 | $175K | $231K | $1.1M | $1K | — | View 990 |
| 2017 | $472K | $483K | $1.2M | $23K | — | View 990 |
| 2016 | $473K | $415K | $1.2M | $0 | — | View 990 |
| 2015 | $541K | $450K | $1.1M | $0 | — | View 990 |
| 2014 | $408K | $438K | $1.0M | $0 | — | View 990 |
| 2013 | $405K | $326K | $1.1M | $0 | — | View 990 |
| 2012 | $385K | $370K | $995K | $0 | — | View 990 |
| 2011 | $328K | $319K | $980K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $341K, expenses of $129K, and assets of $1.7M (revenue +0.5% year-over-year).
- 2023: Revenue of $339K, expenses of $230K, and assets of $1.4M (revenue +18.8% year-over-year).
- 2022: Revenue of $285K, expenses of $238K, and assets of $1.3M (revenue +3.9% year-over-year).
- 2021: Revenue of $274K, expenses of $291K, and assets of $1.5M (revenue +16.8% year-over-year).
- 2020: Revenue of $235K, expenses of $229K, and assets of $1.3M (revenue -63.6% year-over-year).
- 2019: Revenue of $646K, expenses of $490K, and assets of $1.3M (revenue +269.0% year-over-year).
- 2018: Revenue of $175K, expenses of $231K, and assets of $1.1M (revenue -62.9% year-over-year).
- 2017: Revenue of $472K, expenses of $483K, and assets of $1.2M (revenue -0.2% year-over-year).
- 2016: Revenue of $473K, expenses of $415K, and assets of $1.2M (revenue -12.5% year-over-year).
- 2015: Revenue of $541K, expenses of $450K, and assets of $1.1M (revenue +32.5% year-over-year).
- 2014: Revenue of $408K, expenses of $438K, and assets of $1.0M (revenue +0.8% year-over-year).
- 2013: Revenue of $405K, expenses of $326K, and assets of $1.1M (revenue +5.2% year-over-year).
- 2012: Revenue of $385K, expenses of $370K, and assets of $995K (revenue +17.3% year-over-year).
- 2011: Revenue of $328K, expenses of $319K, and assets of $980K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newnan Coweta Angels House Inc:
Data Sources and Methodology
This transparency report for Newnan Coweta Angels House 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.