Soldiers Angels
Soldiers Angels consistently directs funds to programs with zero reported officer compensation amidst significant revenue growth.
EIN: 200583415 · San Antonio, TX · NTEE: M20 · Updated: 2026-03-28
Is Soldiers Angels Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Soldiers Angels directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Soldiers Angels
Soldiers Angels (EIN: 200583415) is a nonprofit organization based in San Antonio, TX, classified under NTEE code M20. The organization reported total revenue of $32.6M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Soldiers Angels's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Soldiers Angels is a large 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 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30.1M |
| Total Expenses | $30.7M |
| Surplus / Deficit | $-682,117 |
| Total Assets | $5.7M |
| Total Liabilities | $440K |
| Net Assets | $5.3M |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Soldiers Angels reported a deficit of $682K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 7.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Soldiers Angels's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.5% | -13.4% | -11.2% |
| 2022 | +1.1% | +8.2% | +5.2% |
| 2021 | +21.0% | +17.4% | +51.8% |
| 2020 | -9.0% | -11.2% | +55.4% |
| 2019 | +16.5% | +16.1% | +11.5% |
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 Soldiers Angels with a Mission Score of 92 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: 88%
- fundraising: 5%
According to IRS 990 filings, Soldiers Angels allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 deficit of $682K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.7%.
Executive Compensation Analysis
Soldiers Angels consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with over $30 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.
Red Flags
The following concerns were identified during AI analysis of Soldiers Angels's IRS 990 filings:
- None identified based on the provided financial data.
Strengths
The following positive indicators were identified for Soldiers Angels:
- Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
- Significant and sustained revenue growth from $4.6M in 2014 to over $30M in 2023.
- Healthy asset growth, from $902,201 in 2014 to $5,743,639 in 2023, providing financial stability.
- Expenses generally track closely with revenue, indicating sound financial management.
- Low liabilities relative to assets, suggesting strong financial health.
Frequently Asked Questions about Soldiers Angels
Is Soldiers Angels a legitimate charity?
Based on AI analysis of IRS 990 filings, Soldiers Angels (EIN: 200583415) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Soldiers Angels spend its money?
Soldiers Angels directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Soldiers Angels tax-deductible?
Soldiers Angels is registered as a tax-exempt nonprofit (EIN: 200583415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Soldiers Angels a good charity?
Based on its financial data, Soldiers Angels appears to be a very good charity. It demonstrates strong program spending, consistent revenue growth, and exceptional transparency regarding executive compensation (reporting 0%).
How has Soldiers Angels' revenue grown over time?
Soldiers Angels has experienced significant revenue growth, increasing from $4,600,101 in 2014 to $30,050,970 in 2023, representing an increase of over 550% in less than a decade.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its officers, which is a highly transparent and mission-focused approach.
Filing History
IRS 990 filing history for Soldiers Angels showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Soldiers Angels's revenue has grown by 246.6%, moving from $8.7M to $30.1M. Total assets increased by 182.9% over the same period, from $2.0M to $5.7M. Total functional expenses rose by 275.5%, from $8.2M to $30.7M. In its most recent filing year (2023), Soldiers Angels reported a deficit of $682K, with expenses exceeding revenue. The organization holds $440K in liabilities against $5.7M in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30.1M | $30.7M | $5.7M | $440K | — | View 990 |
| 2022 | $35.6M | $35.5M | $6.5M | $484K | — | View 990 |
| 2021 | $35.1M | $32.8M | $6.2M | $233K | — | — |
| 2020 | $29.0M | $27.9M | $4.1M | $479K | — | View 990 |
| 2019 | $31.9M | $31.5M | $2.6M | $139K | — | View 990 |
| 2018 | $27.4M | $27.1M | $2.3M | $341K | — | View 990 |
| 2017 | $19.0M | $18.4M | $1.7M | $33K | — | View 990 |
| 2016 | $16.5M | $16.4M | $1.2M | $105K | — | View 990 |
| 2015 | $13.3M | $12.9M | $1.1M | $54K | — | View 990 |
| 2014 | $4.6M | $4.1M | $902K | $252K | — | View 990 |
| 2013 | $3.3M | $4.2M | $509K | $345K | — | View 990 |
| 2012 | $6.0M | $6.5M | $1.4M | $403K | — | View 990 |
| 2011 | $8.7M | $8.2M | $2.0M | $495K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30.1M, expenses of $30.7M, and assets of $5.7M (revenue -15.5% year-over-year).
- 2022: Revenue of $35.6M, expenses of $35.5M, and assets of $6.5M (revenue +1.1% year-over-year).
- 2021: Revenue of $35.1M, expenses of $32.8M, and assets of $6.2M (revenue +21.0% year-over-year).
- 2020: Revenue of $29.0M, expenses of $27.9M, and assets of $4.1M (revenue -9.0% year-over-year).
- 2019: Revenue of $31.9M, expenses of $31.5M, and assets of $2.6M (revenue +16.5% year-over-year).
- 2018: Revenue of $27.4M, expenses of $27.1M, and assets of $2.3M (revenue +44.4% year-over-year).
- 2017: Revenue of $19.0M, expenses of $18.4M, and assets of $1.7M (revenue +15.2% year-over-year).
- 2016: Revenue of $16.5M, expenses of $16.4M, and assets of $1.2M (revenue +24.0% year-over-year).
- 2015: Revenue of $13.3M, expenses of $12.9M, and assets of $1.1M (revenue +188.6% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.1M, and assets of $902K (revenue +39.6% year-over-year).
- 2013: Revenue of $3.3M, expenses of $4.2M, and assets of $509K (revenue -44.7% year-over-year).
- 2012: Revenue of $6.0M, expenses of $6.5M, and assets of $1.4M (revenue -31.2% year-over-year).
- 2011: Revenue of $8.7M, expenses of $8.2M, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Soldiers Angels 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.