Noma Parks Foundation
EIN: 462327692 · Washington, DC · NTEE: N32
| Metric | Value |
|---|---|
| Total Revenue | $15K |
| Total Expenses | $1.5M |
| Net Assets | $685K |
Is Noma Parks Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Noma Parks Foundation
Noma Parks Foundation (EIN: 462327692) is a nonprofit organization based in Washington, DC, classified under NTEE code N32. The organization reported total revenue of $15K and total assets of $685K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Noma Parks Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Noma Parks Foundation is a micro nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 29.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-418,487 |
| Total Assets | $719K |
| Total Liabilities | $34K |
| Net Assets | $685K |
| Operating Margin | -39.6% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Noma Parks Foundation reported a deficit of $418K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Noma Parks Foundation's revenue has grown at a compound annual growth rate (CAGR) of 29.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.2% | -42.4% | -71.9% |
| 2022 | +30.8% | +52.7% | +27.2% |
| 2021 | -87.0% | -87.0% | +6.4% |
| 2020 | +123.0% | +116.9% | +34.6% |
| 2019 | +105.4% | +109.0% | +39.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Noma Parks Foundation 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 Noma Parks Foundation 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 deficit of $418K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Frequently Asked Questions about Noma Parks Foundation
Is Noma Parks Foundation a legitimate charity?
Noma Parks Foundation (EIN: 462327692) is a registered tax-exempt nonprofit based in Washington DC. It has 11 years of IRS 990 filings on record. Total revenue: $15K. No red flags identified. Financial health grade: B.
How does Noma Parks Foundation spend its money?
Noma Parks Foundation reported $15K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Noma Parks Foundation tax-deductible?
Noma Parks Foundation is registered as a tax-exempt nonprofit (EIN: 462327692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Noma Parks Foundation located?
Noma Parks Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 462327692. It is classified under NTEE code N32.
How many years of IRS 990 filings does Noma Parks Foundation have?
Noma Parks Foundation has 11 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 $15K in total revenue.
Filing History
IRS 990 filing history for Noma Parks Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Noma Parks Foundation's revenue has grown by 1265.6%, moving from $77K to $1.1M. Total assets increased by 74.2% over the same period, from $413K to $719K. Total functional expenses rose by 1806.7%, from $77K to $1.5M. In its most recent filing year (2023), Noma Parks Foundation reported a deficit of $418K, with expenses exceeding revenue. The organization holds $34K in liabilities against $719K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $685K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.5M | $719K | $34K | — | — |
| 2022 | $2.3M | $2.6M | $2.6M | $1.5M | — | — |
| 2021 | $1.8M | $1.7M | $2.0M | $654K | — | View 990 |
| 2020 | $13.6M | $12.9M | $1.9M | $612K | — | — |
| 2019 | $6.1M | $6.0M | $1.4M | $751K | — | View 990 |
| 2018 | $3.0M | $2.9M | $1.0M | $472K | — | View 990 |
| 2017 | $2.5M | $2.4M | $1.3M | $834K | — | View 990 |
| 2016 | $18.8M | $18.8M | $764K | $427K | — | View 990 |
| 2015 | $928K | $771K | $584K | $330K | — | View 990 |
| 2014 | $989K | $892K | $798K | $701K | — | View 990 |
| 2013 | $77K | $77K | $413K | $413K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.5M, and assets of $719K (revenue -54.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.6M, and assets of $2.6M (revenue +30.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.7M, and assets of $2.0M (revenue -87.0% year-over-year).
- 2020: Revenue of $13.6M, expenses of $12.9M, and assets of $1.9M (revenue +123.0% year-over-year).
- 2019: Revenue of $6.1M, expenses of $6.0M, and assets of $1.4M (revenue +105.4% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.9M, and assets of $1.0M (revenue +20.5% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.4M, and assets of $1.3M (revenue -87.0% year-over-year).
- 2016: Revenue of $18.8M, expenses of $18.8M, and assets of $764K (revenue +1931.4% year-over-year).
- 2015: Revenue of $928K, expenses of $771K, and assets of $584K (revenue -6.2% year-over-year).
- 2014: Revenue of $989K, expenses of $892K, and assets of $798K (revenue +1179.5% year-over-year).
- 2013: Revenue of $77K, expenses of $77K, and assets of $413K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Noma Parks Foundation:
Data Sources and Methodology
This transparency report for Noma Parks 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.