Noble Academy Columbus Inc
Noble Academy Columbus Inc. shows strong program spending efficiency but carries significant liabilities exceeding assets.
EIN: 204460475 · Columbus, OH · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $5.6M |
| Program Spending | 75% |
| Net Assets | $-532,282 |
| Transparency Score | 85/100 |
Is Noble Academy Columbus Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Noble Academy Columbus Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Noble Academy Columbus Inc
Noble Academy Columbus Inc (EIN: 204460475) is a nonprofit organization based in Columbus, OH, classified under NTEE code B29. The organization reported total revenue of $4.8M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Noble Academy Columbus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Noble Academy Columbus Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$560K |
| Total Assets | $6.9M |
| Total Liabilities | $7.4M |
| Net Assets | $-532,282 |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 107.7% |
| Months of Reserves | 14.8 months |
Financial Health Grade: A
In 2023, Noble Academy Columbus Inc reported a surplus of $560K with revenue exceeding expenses, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 107.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Noble Academy Columbus Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.9% | +29.0% | +43.2% |
| 2022 | +18.5% | +10.0% | +97.2% |
| 2021 | +3.4% | +2.6% | +10.3% |
| 2020 | +18.8% | +22.0% | +27.8% |
| 2019 | -4.0% | +58.6% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Noble Academy Columbus Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Noble Academy Columbus 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 surplus of $560K, with revenue exceeding expenses.
- Debt-to-asset ratio: 107.7%.
Executive Compensation Analysis
The organization reported 0% officer compensation across all available filings, indicating that no highly compensated officers or key employees received salaries directly from the organization, which is a positive sign for resource allocation to its mission.
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 Noble Academy Columbus Inc's IRS 990 filings:
- Liabilities consistently exceed assets, indicating a negative net asset position.
- Significant reliance on debt, as evidenced by the high liabilities relative to assets.
Strengths
The following positive indicators were identified for Noble Academy Columbus Inc:
- Strong program spending efficiency (approx. 75% of expenses in 2023).
- Consistent revenue growth over the past decade.
- No reported officer compensation, suggesting efficient use of funds.
- Regular and consistent IRS 990 filings, indicating good transparency.
Frequently Asked Questions about Noble Academy Columbus Inc
Is Noble Academy Columbus Inc a legitimate charity?
Noble Academy Columbus Inc (EIN: 204460475) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Noble Academy Columbus Inc spend its money?
Noble Academy Columbus Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Noble Academy Columbus Inc tax-deductible?
Noble Academy Columbus Inc is registered as a tax-exempt nonprofit (EIN: 204460475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Noble Academy Columbus Inc's spending goes to programs?
Noble Academy Columbus Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Noble Academy Columbus Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Noble Academy Columbus Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Noble Academy Columbus Inc located?
Noble Academy Columbus Inc is headquartered in Columbus, Ohio and files with the IRS under EIN 204460475. It is classified under NTEE code B29.
How many years of IRS 990 filings does Noble Academy Columbus Inc have?
Noble Academy Columbus 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 $4.8M in total revenue.
Is Noble Academy Columbus Inc. financially stable?
Operationally, the organization appears stable with consistent revenue growth and efficient program spending. However, its balance sheet shows liabilities consistently exceeding assets, indicating a reliance on debt that could impact long-term financial stability.
How much of Noble Academy Columbus Inc.'s spending goes to its programs?
In the latest filing (202306), approximately 75% of Noble Academy Columbus Inc.'s total expenses ($4,186,825 out of $5,582,434) were allocated to program services, demonstrating a strong commitment to its mission.
Does Noble Academy Columbus Inc. pay its executives high salaries?
Based on the IRS 990 filings, Noble Academy Columbus Inc. reported 0% officer compensation, meaning no salaries were paid to officers or key employees directly by the organization.
What are the primary financial risks for Noble Academy Columbus Inc.?
The primary financial risk is the consistent negative net asset position, where liabilities significantly outweigh assets. This indicates a high level of debt, which could create financial strain if revenue growth slows or debt servicing becomes challenging.
Has Noble Academy Columbus Inc.'s revenue been growing?
Yes, Noble Academy Columbus Inc. has shown consistent revenue growth, increasing from $2,419,092 in 2014 to $6,142,428 in 2023, indicating a growing operational scale.
Filing History
IRS 990 filing history for Noble Academy Columbus Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Noble Academy Columbus Inc's revenue has grown by 267.7%, moving from $1.7M to $6.1M. Total assets increased by 2839% over the same period, from $235K to $6.9M. Total functional expenses rose by 222.6%, from $1.7M to $5.6M. In its most recent filing year (2023), Noble Academy Columbus Inc reported a surplus of $560K, with revenue exceeding expenses. The organization holds $7.4M in liabilities against $6.9M in assets (debt-to-asset ratio: 107.7%), resulting in net assets of $-532,282.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $5.6M | $6.9M | $7.4M | — | — |
| 2022 | $5.0M | $4.3M | $4.8M | $5.9M | — | View 990 |
| 2021 | $4.2M | $3.9M | $2.4M | $4.2M | — | View 990 |
| 2020 | $4.0M | $3.8M | $2.2M | $4.2M | — | — |
| 2019 | $3.4M | $3.1M | $1.7M | $3.9M | — | View 990 |
| 2018 | $3.5M | $2.0M | $2.0M | $4.4M | — | View 990 |
| 2017 | $3.4M | $3.6M | $1.7M | $5.0M | — | View 990 |
| 2016 | $3.2M | $3.2M | $1.2M | $4.2M | — | View 990 |
| 2015 | $2.8M | $2.9M | $671K | $3.7M | — | View 990 |
| 2014 | $2.4M | $2.4M | $202K | $172K | — | View 990 |
| 2013 | $2.1M | $2.1M | $151K | $122K | — | View 990 |
| 2012 | $1.9M | $2.0M | $194K | $164K | — | View 990 |
| 2011 | $1.7M | $1.7M | $235K | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $5.6M, and assets of $6.9M (revenue +23.9% year-over-year).
- 2022: Revenue of $5.0M, expenses of $4.3M, and assets of $4.8M (revenue +18.5% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.9M, and assets of $2.4M (revenue +3.4% year-over-year).
- 2020: Revenue of $4.0M, expenses of $3.8M, and assets of $2.2M (revenue +18.8% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.1M, and assets of $1.7M (revenue -4.0% year-over-year).
- 2018: Revenue of $3.5M, expenses of $2.0M, and assets of $2.0M (revenue +4.9% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.6M, and assets of $1.7M (revenue +5.5% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.2M, and assets of $1.2M (revenue +15.2% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.9M, and assets of $671K (revenue +15.1% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.4M, and assets of $202K (revenue +12.7% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $151K (revenue +13.6% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.0M, and assets of $194K (revenue +13.1% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $235K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Noble Academy Columbus Inc:
Data Sources and Methodology
This transparency report for Noble Academy Columbus 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.