Noah Foundation
Noah Foundation experiences fluctuating revenue and asset decline, with expenses often exceeding income.
EIN: 20522443 · Canterbury, NH · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $103K |
| Program Spending | 70% |
| Net Assets | $587K |
| Transparency Score | 65/100 |
Is Noah Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Noah Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Noah Foundation
Noah Foundation (EIN: 20522443) is a nonprofit organization based in Canterbury, NH, classified under NTEE code T30. The organization reported total revenue of $21K and total assets of $577K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Noah Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Noah Foundation is a micro nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $103K |
| Surplus / Deficit | $-41,291 |
| Total Assets | $587K |
| Total Liabilities | $1 |
| Net Assets | $587K |
| Operating Margin | -66.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 68.2 months |
Financial Health Grade: B
In 2023, Noah Foundation reported a deficit of $41K with expenses exceeding revenue, holds 68.2 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 (2010–2023), Noah Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.4% | +6.3% | -6.6% |
| 2022 | +5.8% | +9.8% | -6.3% |
| 2021 | +94.5% | +731.7% | -8.5% |
| 2019 | -57.8% | -86.4% | +10.0% |
| 2015 | +467.6% | +13.5% | +8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Noah Foundation 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Noah Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a foundation of its size with assets over half a million dollars.
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 Noah Foundation's IRS 990 filings:
- Inconsistent revenue generation with significant fluctuations year-to-year.
- Expenses frequently exceeding revenue in recent periods (e.g., 2023, 2014, 2012), indicating potential unsustainability.
- Significant decline in total assets over the past decade, from $738,597 in 2011 to $577,082 currently.
Strengths
The following positive indicators were identified for Noah Foundation:
- Consistent reporting of 0% officer compensation, indicating strong fiscal responsibility regarding executive pay.
- Maintains substantial assets ($577,082) despite revenue fluctuations.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
- Low reported liabilities in most years, suggesting prudent debt management.
Frequently Asked Questions about Noah Foundation
Is Noah Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Noah Foundation (EIN: 20522443) some concerns. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.
How does Noah Foundation spend its money?
Noah Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Noah Foundation tax-deductible?
Noah Foundation is registered as a tax-exempt nonprofit (EIN: 20522443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Noah Foundation's spending goes to programs?
Noah Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Noah Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Noah Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Noah Foundation located?
Noah Foundation is headquartered in Canterbury, New Hampshire and files with the IRS under EIN 20522443. It is classified under NTEE code T30.
How many years of IRS 990 filings does Noah Foundation have?
Noah 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 $21K in total revenue.
What is the Noah Foundation's strategy to address the trend of expenses exceeding revenue, as seen in 2023 ($103,227 expenses vs. $61,936 revenue)?
The provided data does not detail the foundation's strategy. This trend suggests a reliance on existing assets or prior surpluses, which is not sustainable long-term without increased revenue or reduced expenses.
How does the Noah Foundation allocate its expenses between grants/program services and administrative costs, given its NTEE code T30?
The provided summary data does not offer a detailed breakdown of expenses. As a grantmaking foundation, a significant portion of its expenses should ideally be directed towards grants or direct charitable distributions.
What caused the significant decline in assets from $738,597 in 2011 to $577,082 currently?
The data indicates periods where expenses exceeded revenue (e.g., 2012, 2014, 2023), which would draw down assets. Investment performance and specific grantmaking decisions could also contribute, but are not detailed here.
What are the primary sources of revenue for the Noah Foundation, given its fluctuating income?
The provided data only shows total revenue. Without further detail from the 990 filings, it's impossible to determine the specific sources (e.g., contributions, investment income, program service revenue).
Filing History
IRS 990 filing history for Noah Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2023), Noah Foundation's revenue has declined by 76.1%, moving from $260K to $62K. Total assets increased by 7.1% over the same period, from $548K to $587K. Total functional expenses fell by 48.6%, from $201K to $103K. In its most recent filing year (2023), Noah Foundation reported a deficit of $41K, with expenses exceeding revenue. The organization holds $1 in liabilities against $587K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $587K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $103K | $587K | $1 | — | — |
| 2022 | $114K | $97K | $628K | $1 | — | View 990 |
| 2021 | $107K | $88K | $670K | $59K | — | View 990 |
| 2019 | $55K | $11K | $732K | $1 | — | View 990 |
| 2015 | $131K | $78K | $666K | $1 | — | View 990 |
| 2014 | $23K | $69K | $613K | $1 | — | View 990 |
| 2013 | $187K | $191K | $659K | $0 | — | View 990 |
| 2012 | $16K | $48K | $691K | $29K | — | — |
| 2011 | $243K | $57K | $739K | $44K | — | — |
| 2010 | $260K | $201K | $548K | $40K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $103K, and assets of $587K (revenue -45.4% year-over-year).
- 2022: Revenue of $114K, expenses of $97K, and assets of $628K (revenue +5.8% year-over-year).
- 2021: Revenue of $107K, expenses of $88K, and assets of $670K (revenue +94.5% year-over-year).
- 2019: Revenue of $55K, expenses of $11K, and assets of $732K (revenue -57.8% year-over-year).
- 2015: Revenue of $131K, expenses of $78K, and assets of $666K (revenue +467.6% year-over-year).
- 2014: Revenue of $23K, expenses of $69K, and assets of $613K (revenue -87.7% year-over-year).
- 2013: Revenue of $187K, expenses of $191K, and assets of $659K (revenue +1039.6% year-over-year).
- 2012: Revenue of $16K, expenses of $48K, and assets of $691K (revenue -93.2% year-over-year).
- 2011: Revenue of $243K, expenses of $57K, and assets of $739K (revenue -6.5% year-over-year).
- 2010: Revenue of $260K, expenses of $201K, and assets of $548K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Noah Foundation:
Data Sources and Methodology
This transparency report for Noah 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.