November Thanksgiving Foundation
November Thanksgiving Foundation shows consistent asset growth and zero executive compensation over a decade.
EIN: 202042718 · Everett, WA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $536K |
| Program Spending | 90% |
| Net Assets | $3.4M |
| Transparency Score | 95/100 |
Is November Thanksgiving Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
November Thanksgiving Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About November Thanksgiving Foundation
November Thanksgiving Foundation (EIN: 202042718) is a nonprofit organization based in Everett, WA, classified under NTEE code T20. The organization reported total revenue of $1.4M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of November Thanksgiving Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
November Thanksgiving Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $675K |
| Total Expenses | $536K |
| Surplus / Deficit | +$139K |
| Total Assets | $3.4M |
| Total Liabilities | $1 |
| Net Assets | $3.4M |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 75.1 months |
Financial Health Grade: A
In 2023, November Thanksgiving Foundation reported a surplus of $139K with revenue exceeding expenses, holds 75.1 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 (2011–2023), November Thanksgiving Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.8% | -9.1% | +4.3% |
| 2022 | -53.5% | +9.3% | -1.4% |
| 2021 | +56.0% | -13.6% | +24.1% |
| 2020 | -33.4% | -12.8% | +5.1% |
| 2019 | +292.3% | +763.7% | +76.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 November Thanksgiving Foundation 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, November Thanksgiving Foundation 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 $139K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure and a highly efficient use of funds that directly benefits its mission rather than executive salaries.
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 November Thanksgiving Foundation:
- Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
- Strong and consistent asset growth over more than a decade, from $957,198 in 2011 to $3,444,229 currently.
- Minimal liabilities ($0 or $1 across all filings), demonstrating excellent financial stability and low debt risk.
- Positive net revenue in most years, indicating sustainable operations (e.g., $674,795 revenue vs $536,232 expenses in 2023).
- Clear alignment with NTEE code T20 (Food, Agriculture & Nutrition) and financial practices that support direct program spending.
Frequently Asked Questions about November Thanksgiving Foundation
Is November Thanksgiving Foundation a legitimate charity?
November Thanksgiving Foundation (EIN: 202042718) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does November Thanksgiving Foundation spend its money?
November Thanksgiving Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to November Thanksgiving Foundation tax-deductible?
November Thanksgiving Foundation is registered as a tax-exempt nonprofit (EIN: 202042718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of November Thanksgiving Foundation's spending goes to programs?
November Thanksgiving Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does November Thanksgiving Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), November Thanksgiving Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is November Thanksgiving Foundation located?
November Thanksgiving Foundation is headquartered in Everett, Washington and files with the IRS under EIN 202042718. It is classified under NTEE code T20.
How many years of IRS 990 filings does November Thanksgiving Foundation have?
November Thanksgiving 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 $1.4M in total revenue.
Is November Thanksgiving Foundation a good charity?
Based on the provided data, the November Thanksgiving Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, ensuring donor funds are maximized for programs.
How has the organization's revenue trended over time?
Revenue has shown significant growth and fluctuation over the years. Starting at $36,714 in 2011, it peaked at $1,173,799 in 2021 and reached $1,374,298 in the latest period, indicating strong fundraising capacity despite some year-to-year variability.
What is the organization's asset growth like?
The organization has experienced substantial asset growth, increasing from $957,198 in 2011 to $3,444,229 currently. This consistent growth suggests effective financial management and accumulation of resources to support its long-term mission.
Filing History
IRS 990 filing history for November Thanksgiving Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), November Thanksgiving Foundation's revenue has grown by 1738%, moving from $37K to $675K. Total assets increased by 250.5% over the same period, from $957K to $3.4M. Total functional expenses rose by 673.1%, from $69K to $536K. In its most recent filing year (2023), November Thanksgiving Foundation reported a surplus of $139K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $675K | $536K | $3.4M | $1 | — | — |
| 2022 | $545K | $590K | $3.2M | $1 | — | View 990 |
| 2021 | $1.2M | $540K | $3.3M | $1 | — | — |
| 2020 | $752K | $625K | $2.6M | $1 | — | — |
| 2019 | $1.1M | $716K | $2.5M | $1 | — | View 990 |
| 2015 | $288K | $83K | $1.4M | $1 | — | View 990 |
| 2014 | $206K | $139K | $1.2M | $1 | — | View 990 |
| 2013 | $232K | $93K | $1.1M | $0 | — | View 990 |
| 2012 | $124K | $77K | $1.0M | $0 | — | View 990 |
| 2011 | $37K | $69K | $957K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $675K, expenses of $536K, and assets of $3.4M (revenue +23.8% year-over-year).
- 2022: Revenue of $545K, expenses of $590K, and assets of $3.2M (revenue -53.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $540K, and assets of $3.3M (revenue +56.0% year-over-year).
- 2020: Revenue of $752K, expenses of $625K, and assets of $2.6M (revenue -33.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $716K, and assets of $2.5M (revenue +292.3% year-over-year).
- 2015: Revenue of $288K, expenses of $83K, and assets of $1.4M (revenue +40.0% year-over-year).
- 2014: Revenue of $206K, expenses of $139K, and assets of $1.2M (revenue -11.2% year-over-year).
- 2013: Revenue of $232K, expenses of $93K, and assets of $1.1M (revenue +87.1% year-over-year).
- 2012: Revenue of $124K, expenses of $77K, and assets of $1.0M (revenue +237.2% year-over-year).
- 2011: Revenue of $37K, expenses of $69K, and assets of $957K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for November Thanksgiving Foundation:
Data Sources and Methodology
This transparency report for November Thanksgiving 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.