Noodles & Company Foundation is a 501(c)(3) organization based in Broomfield, Colorado, registered in 2014, with $127,423 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$127K
▼ 24.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$190K
Net assets
$109K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Noodles & Company Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Noodles & Company Foundation: 7 mo reserves · -49% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Noodles & Company Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Noodles & Company Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $182K (FY2020) to $127K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-48.7%
Spent more than it raised in the latest fiscal year.
Total assets
$109K
Total liabilities
$0
Net assets
$109K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $127,423▼24.9% | $189,540▼12.5% | $109,108▼36.3% | $109,108▼36.3% | 990 |
| 2023 | $169,713▲7.6% | $216,576▼17.2% | $171,225▼21.5% | $171,225▼21.5% | 990 |
| 2022 | $157,769▼25.4% | $261,513▲137% | $218,088▼32.2% | $218,088▼32.2% | 990 |
| 2021 | $211,355▲16.4% | $110,222▲6.8% | $321,832▲45.8% | $321,832▲45.8% | 990 |
| 2020 | $181,604 | $103,199 | $220,699 | $220,699 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Noodles & Company Foundation (EIN 47-1316698) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.