North Georgia Angel House Inc
North Georgia Angel House Inc shows consistent revenue growth and strong financial health with no officer compensation.
EIN: 134281872 · Canton, GA · NTEE: P73 · Updated: 2026-03-28
Is North Georgia Angel House Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Georgia Angel House Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Georgia Angel House Inc
North Georgia Angel House Inc (EIN: 134281872) is a nonprofit organization based in Canton, GA, classified under NTEE code P73. The organization reported total revenue of $1.2M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Georgia Angel House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Georgia Angel House Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$111K |
| Total Assets | $1.2M |
| Total Liabilities | $84K |
| Net Assets | $1.1M |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2023, North Georgia Angel House Inc reported a surplus of $111K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Georgia Angel House Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.6% | +18.5% | +18.6% |
| 2022 | -4.3% | +6.7% | +11.3% |
| 2021 | +14.2% | +26.7% | +55.6% |
| 2020 | +27.4% | +12.0% | +68.1% |
| 2019 | +19.4% | -34.8% | +41.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 North Georgia Angel House Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, North Georgia Angel House Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $111K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for a nonprofit of its size with over $1.2 million in annual revenue.
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.
Strengths
The following positive indicators were identified for North Georgia Angel House Inc:
- Consistent revenue growth, reaching $1,266,353 in 2023.
- Strong financial health with growing assets ($1,152,618 in 2023) and low liabilities ($84,472 in 2023).
- Exceptional spending efficiency with 0% officer compensation reported across all filings.
- Positive net income/surplus in recent years, indicating sustainable operations.
- High program focus due to minimal administrative and fundraising overhead implied by 0% officer compensation.
Frequently Asked Questions about North Georgia Angel House Inc
Is North Georgia Angel House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Georgia Angel House Inc (EIN: 134281872) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does North Georgia Angel House Inc spend its money?
North Georgia Angel House Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Georgia Angel House Inc tax-deductible?
North Georgia Angel House Inc is registered as a tax-exempt nonprofit (EIN: 134281872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is North Georgia Angel House Inc a good charity?
Based on its financial data, North Georgia Angel House Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, low liabilities, and a remarkable commitment to its mission by not paying officer compensation.
How does North Georgia Angel House Inc manage its finances?
The organization manages its finances effectively, consistently generating surpluses (e.g., $110,505 in 2023) and growing its assets (from $333,752 in 2019 to $1,152,618 in 2023) while keeping liabilities low. The absence of officer compensation suggests a highly efficient use of funds.
What is the trend in North Georgia Angel House Inc's revenue?
North Georgia Angel House Inc has shown a strong upward trend in revenue, increasing from $787,280 in 2019 to $1,266,353 in 2023, indicating growing support and operational capacity.
Are there any concerns regarding executive pay at North Georgia Angel House Inc?
No, there are no concerns regarding executive pay. The organization consistently reports 0% officer compensation, which is an exceptional indicator of financial efficiency and dedication to its mission.
Filing History
IRS 990 filing history for North Georgia Angel House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Georgia Angel House Inc's revenue has grown by 121.3%, moving from $572K to $1.3M. Total assets increased by 18.3% over the same period, from $974K to $1.2M. Total functional expenses rose by 136.7%, from $488K to $1.2M. In its most recent filing year (2023), North Georgia Angel House Inc reported a surplus of $111K, with revenue exceeding expenses. The organization holds $84K in liabilities against $1.2M in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $1.2M | $84K | — | — |
| 2022 | $1.1M | $976K | $972K | $22K | — | View 990 |
| 2021 | $1.1M | $915K | $873K | $32K | — | View 990 |
| 2020 | $1.0M | $722K | $561K | $20K | — | — |
| 2019 | $787K | $644K | $334K | $74K | — | View 990 |
| 2018 | $659K | $988K | $235K | $142K | — | View 990 |
| 2017 | $907K | $870K | $1.3M | $898K | — | View 990 |
| 2016 | $912K | $957K | $1.3M | $866K | — | View 990 |
| 2015 | $1.0M | $879K | $1.4M | $870K | — | View 990 |
| 2014 | $775K | $784K | $1.0M | $692K | — | View 990 |
| 2013 | $656K | $645K | $1.1M | $691K | — | View 990 |
| 2012 | $644K | $551K | $1.1M | $717K | — | View 990 |
| 2011 | $572K | $488K | $974K | $710K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue +15.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $976K, and assets of $972K (revenue -4.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $915K, and assets of $873K (revenue +14.2% year-over-year).
- 2020: Revenue of $1.0M, expenses of $722K, and assets of $561K (revenue +27.4% year-over-year).
- 2019: Revenue of $787K, expenses of $644K, and assets of $334K (revenue +19.4% year-over-year).
- 2018: Revenue of $659K, expenses of $988K, and assets of $235K (revenue -27.3% year-over-year).
- 2017: Revenue of $907K, expenses of $870K, and assets of $1.3M (revenue -0.6% year-over-year).
- 2016: Revenue of $912K, expenses of $957K, and assets of $1.3M (revenue -9.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $879K, and assets of $1.4M (revenue +29.9% year-over-year).
- 2014: Revenue of $775K, expenses of $784K, and assets of $1.0M (revenue +18.0% year-over-year).
- 2013: Revenue of $656K, expenses of $645K, and assets of $1.1M (revenue +2.0% year-over-year).
- 2012: Revenue of $644K, expenses of $551K, and assets of $1.1M (revenue +12.5% year-over-year).
- 2011: Revenue of $572K, expenses of $488K, and assets of $974K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Georgia Angel House Inc:
Data Sources and Methodology
This transparency report for North Georgia Angel 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.