Civic Intelligence

Noah'S Ark Angel Foundation

990 • Fiscal year 2018 • EIN 42-1732713

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 14, 2020

550 West C Street Suite 1400San Diego, CA 92101

(858) 566-3072

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

66th percentile

6.7%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

20%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,269,157

Up $142,853 (+6.7%) from 2017

Net Assets

Up

$2,269,157

Up $142,853 (+6.7%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$158,358

Up $26,521 (+20%) from 2017

Expenses

Down

$1,223

Down $34,938 (-97%) from 2017

Net Income

Up

$157,135

Up $61,459 (+64%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,690,137Liabilities 2011: $0Net Assets 2011: $1,690,1372011Assets 2012: $1,776,521Liabilities 2012: $0Net Assets 2012: $1,776,5212012Assets 2013: $2,031,136Liabilities 2013: $0Net Assets 2013: $2,031,1362013Assets 2014: $2,492,132Liabilities 2014: $0Net Assets 2014: $2,492,1322014Assets 2015: $2,426,610Liabilities 2015: $0Net Assets 2015: $2,426,6102015Assets 2016: $1,882,133Liabilities 2016: $0Net Assets 2016: $1,882,1332016Assets 2017: $2,126,304Liabilities 2017: $0Net Assets 2017: $2,126,3042017Assets 2018: $2,269,157Liabilities 2018: $0Net Assets 2018: $2,269,1572018Assets 2019: $2,332,217Liabilities 2019: $0Net Assets 2019: $2,332,2172019Assets 2020: $2,303,043Liabilities 2020: $0Net Assets 2020: $2,303,0432020Assets 2021: $4,662,227Liabilities 2021: $0Net Assets 2021: $4,662,2272021Assets 2022: $4,380,702Liabilities 2022: $0Net Assets 2022: $4,380,7022022Assets 2023: $4,982,097Liabilities 2023: $49,860Net Assets 2023: $4,932,2372023Assets 2024: $5,423,610Liabilities 2024: $12,929Net Assets 2024: $5,410,6812024

Highlighted filing

2018

Assets$2,269,157
Liabilities$0
Net Assets$2,269,157

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $74,9282011Expenses 2012: $79,4012012Expenses 2013: $38,4922013Revenue 2014: $318,608Expenses 2014: $66,113Net Income 2014: $252,4952014Revenue 2015: $230,427Expenses 2015: $71,923Net Income 2015: $158,5042015Revenue 2016: $241,875Expenses 2016: $687,258Net Income 2016: -$445,3832016Revenue 2017: $131,837Expenses 2017: $36,161Net Income 2017: $95,6762017Revenue 2018: $158,358Expenses 2018: $1,223Net Income 2018: $157,1352018Revenue 2019: $155,527Expenses 2019: $101,195Net Income 2019: $54,3322019Revenue 2020: $75,407Expenses 2020: $142,131Net Income 2020: -$66,7242020Revenue 2021: $2,321,761Expenses 2021: $513,625Net Income 2021: $1,808,1362021Revenue 2022: $936,357Expenses 2022: $324,183Net Income 2022: $612,1742022Revenue 2023: $591,252Expenses 2023: $363,240Net Income 2023: $228,0122023Revenue 2024: $218,795Expenses 2024: $164,750Net Income 2024: $54,0452024

Highlighted filing

2018

Revenue$158,358
Expenses$1,223
Net Income$157,135
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 14, 2020
Return Version
2017v2.3
Gross Receipts
$158,358
Mission and Program Overview

Mission

Provide Future Financial Stability for Noah Homes, Inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,114,452$2,226,635▲ $112,183
Savings and Temporary Cash Investments$11,852$42,522▲ $30,670
Total Assets$2,126,304$2,269,157▲ $142,853
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$498,634$2,269,157▲ $1,770,523
Permanently Rstr Net Assets$1,627,670$0▼ $1,627,670
Total Net Assets Fund Balance$2,126,304$2,269,157▲ $142,853
Total Liabilities and Net Assets / Fund Balance$2,126,304$2,269,157▲ $142,853

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$2,126,303$60,984▲ $81,870-$2,269,157
2016$1,882,132$56,826▲ $222,345-$2,126,303
2015$2,426,610$158,594▼ $17,010-$1,882,132
2014$2,492,133$119,723▼ $114,509-$2,426,610
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter FerrantelliChair, Emeritus
Jack V CohnChairman
Alek MikolajczakBoard Member
Jennifer GouletBoard Member
John ReyBoard Member
Knox WilliamsBoard Member
Michael DulleaBoard Member
Violet SciutoBoard Member
Gary SageSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$60,984
Program Service Revenue
$0
Investment Income
$97,374
Other Revenue
$0
All Other Contributions
$60,984
Change in Net Assets
$157,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,223
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$1,223-$1,223
Total Functional Expenses$0$1,223$0$1,223
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Jennifer goulet (board member) is peter ferrantelli's (chair, emeritus) daughter.

Form 990, Part VI, Section B, Line 11B

Board reviews the 990 prior to filing the return.

Form 990, Part VI, Section C, Line 19

Form 990 and other financial documents are available to the public on other organizations' websites, such as various charity evaluator websites. The required organizational documents of the exempt organization will be available (for inspection and copying) upon request. The public inspection copy of the organization's form 990 from the previous three years (at a minimum) will be available (for inspection or copying) upon request at no charge. The public inspection copy of the form 990 will not include the schedule b names and address of contributors. The organization will make their best effort to ensure that the form 990 held at their main office is the most updated version available at the time. When responding to a public inspection request for any organizational document or form 990 by anyone, the organization shall fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request. Noah's ark angel foundation will make a copy of our articles of incorporation, bylaws, form 1023 and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
NOAH'S ARK ANGEL FOUNDATION
EIN
42-1732713
Phone
8585663072
Address
550 WEST C STREET SUITE 1400, SAN DIEGO, CA 92101

Signing Officer

Name
Jack V Cohn
Title
Chairman
Phone
8585663072
Signed
2020-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack V Cohn
Formed
2007
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Lavine Lofgren Morris & Engelberg Llp
Address
4180 LA JOLLA VILLAGE DR STE 300, LA JOLLA, CA 92037
Preparer
Jennifer a Glaser
Phone
8584551200
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

To provide support to the activities of noah homes.

PART X, LINE 2:

The foundation reviewed its positions for all open tax years and has determined that no provision for uncertain tax positions under fin 48 is required.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE SUPPORT TO THE ACTIVITIES OF NOAH HOMES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION REVIEWED ITS POSITIONS FOR ALL OPEN TAX YEARS AND HAS DETERMINED THAT NO PROVISION FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 IS REQUIRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JENNIFER GOULET (BOARD MEMBER) IS PETER FERRANTELLI'S (CHAIR, EMERITUS) DAUGHTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS THE 990 PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 AND OTHER FINANCIAL DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON OTHER ORGANIZATIONS' WEBSITES, SUCH AS VARIOUS CHARITY EVALUATOR WEBSITES. THE REQUIRED ORGANIZATIONAL DOCUMENTS OF THE EXEMPT ORGANIZATION WILL BE AVAILABLE (FOR INSPECTION AND COPYING) UPON REQUEST. THE PUBLIC INSPECTION COPY OF THE ORGANIZATION'S FORM 990 FROM THE PREVIOUS THREE YEARS (AT A MINIMUM) WILL BE AVAILABLE (FOR INSPECTION OR COPYING) UPON REQUEST AT NO CHARGE. THE PUBLIC INSPECTION COPY OF THE FORM 990 WILL NOT INCLUDE THE SCHEDULE B NAMES AND ADDRESS OF CONTRIBUTORS. THE ORGANIZATION WILL MAKE THEIR BEST EFFORT TO ENSURE THAT THE FORM 990 HELD AT THEIR MAIN OFFICE IS THE MOST UPDATED VERSION AVAILABLE AT THE TIME. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 BY ANYONE, THE ORGANIZATION SHALL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. NOAH'S ARK ANGEL FOUNDATION WILL MAKE A COPY OF OUR ARTICLES OF INCORPORATION, BYLAWS, FORM 1023 AND FINANCIAL STATEMENTS UPON REQUEST.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.42$0.01$5.41$0.22$0.16$0.05
2023Detailed filing. Detailed filing data is available for this year.$4.98$0.05$4.93$0.59$0.36$0.23
2022Detailed filing. Detailed filing data is available for this year.$4.38$0.00$4.38$0.94$0.32$0.61
2021Detailed filing. Detailed filing data is available for this year.$4.66$0.00$4.66$2.32$0.51$1.81
2020Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.08$0.14$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$0.16$0.10$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.27$0.16$0.00$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$0.13$0.04$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.24$0.69$0.45
2015Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.23$0.07$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.32$0.07$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.00$1.78$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.00$1.69$0.07