Noahs Ark Foundation Inc
EIN: 421316141 · Fairfield, IA · NTEE: D200
| Metric | Value |
|---|---|
| Total Revenue | $244K |
| Total Expenses | $272K |
| Net Assets | $681K |
Is Noahs Ark Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Noahs Ark Foundation Inc
Noahs Ark Foundation Inc (EIN: 421316141) is a nonprofit organization based in Fairfield, IA, classified under NTEE code D200. The organization reported total revenue of $244K and total assets of $669K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Noahs Ark Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Noahs Ark Foundation Inc is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $294K |
| Total Expenses | $272K |
| Surplus / Deficit | +$21K |
| Total Assets | $683K |
| Total Liabilities | $2K |
| Net Assets | $681K |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 30.1 months |
Financial Health Grade: A
In 2023, Noahs Ark Foundation Inc reported a surplus of $21K with revenue exceeding expenses, holds 30.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Noahs Ark Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +9.5% | +3.0% |
| 2022 | -26.4% | -4.8% | -5.4% |
| 2021 | +32.8% | +11.4% | +9.0% |
| 2020 | +0.9% | -4.3% | +2.7% |
| 2019 | +4.5% | +8.3% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Noahs Ark Foundation 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 Noahs Ark Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Noahs Ark Foundation Inc
Is Noahs Ark Foundation Inc a legitimate charity?
Noahs Ark Foundation Inc (EIN: 421316141) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $244K. No red flags identified. Financial health grade: A.
How does Noahs Ark Foundation Inc spend its money?
Noahs Ark Foundation Inc reported $244K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Noahs Ark Foundation Inc tax-deductible?
Noahs Ark Foundation Inc is registered as a tax-exempt nonprofit (EIN: 421316141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Noahs Ark Foundation Inc located?
Noahs Ark Foundation Inc is headquartered in Fairfield, Iowa and files with the IRS under EIN 421316141. It is classified under NTEE code D200.
How many years of IRS 990 filings does Noahs Ark Foundation Inc have?
Noahs Ark Foundation Inc has 13 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 $244K in total revenue.
Filing History
IRS 990 filing history for Noahs Ark Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Noahs Ark Foundation Inc's revenue has grown by 32.5%, moving from $222K to $294K. Total assets increased by 22.1% over the same period, from $560K to $683K. Total functional expenses rose by 33.4%, from $204K to $272K. In its most recent filing year (2023), Noahs Ark Foundation Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $2K in liabilities against $683K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $681K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $294K | $272K | $683K | $2K | — | — |
| 2022 | $244K | $249K | $663K | $4K | — | View 990 |
| 2021 | $331K | $261K | $701K | $5K | — | View 990 |
| 2020 | $249K | $235K | $643K | $4K | — | — |
| 2019 | $247K | $245K | $626K | $1K | — | View 990 |
| 2018 | $236K | $226K | $624K | $786 | — | View 990 |
| 2017 | $256K | $250K | $607K | $739 | — | View 990 |
| 2016 | $239K | $229K | $601K | $683 | — | View 990 |
| 2015 | $252K | $243K | $591K | $886 | — | View 990 |
| 2014 | $250K | $238K | $584K | $3K | — | View 990 |
| 2013 | $242K | $236K | $568K | $0 | — | View 990 |
| 2012 | $233K | $229K | $563K | $0 | — | View 990 |
| 2011 | $222K | $204K | $560K | $550 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $294K, expenses of $272K, and assets of $683K (revenue +20.6% year-over-year).
- 2022: Revenue of $244K, expenses of $249K, and assets of $663K (revenue -26.4% year-over-year).
- 2021: Revenue of $331K, expenses of $261K, and assets of $701K (revenue +32.8% year-over-year).
- 2020: Revenue of $249K, expenses of $235K, and assets of $643K (revenue +0.9% year-over-year).
- 2019: Revenue of $247K, expenses of $245K, and assets of $626K (revenue +4.5% year-over-year).
- 2018: Revenue of $236K, expenses of $226K, and assets of $624K (revenue -7.5% year-over-year).
- 2017: Revenue of $256K, expenses of $250K, and assets of $607K (revenue +6.9% year-over-year).
- 2016: Revenue of $239K, expenses of $229K, and assets of $601K (revenue -5.1% year-over-year).
- 2015: Revenue of $252K, expenses of $243K, and assets of $591K (revenue +0.7% year-over-year).
- 2014: Revenue of $250K, expenses of $238K, and assets of $584K (revenue +3.6% year-over-year).
- 2013: Revenue of $242K, expenses of $236K, and assets of $568K (revenue +3.8% year-over-year).
- 2012: Revenue of $233K, expenses of $229K, and assets of $563K (revenue +4.8% year-over-year).
- 2011: Revenue of $222K, expenses of $204K, and assets of $560K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Noahs Ark Foundation Inc:
Data Sources and Methodology
This transparency report for Noahs Ark Foundation 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.