Quick charity verification for Anthem Pets Inc (EIN: 204988647)
Verdict: Anthem Pets Inc appears trustworthy
85/100Mission Score
$136KRevenue
$106KAssets
1Red Flags
4Strengths
Red Flags
Inconsistent revenue streams leading to periods where expenses significantly exceed revenue (e.g., 202212: $84,840 revenue vs. $156,129 expenses).
Strengths
Zero officer compensation reported across all filings, indicating a volunteer-driven model and efficient use of funds.
Consistent filing of IRS Form 990s over 13 periods, demonstrating strong transparency.
Maintains a healthy asset base with no reported liabilities, indicating sound financial health and lack of debt.
Strong program focus, with nearly all expenses directed towards the mission.
Spending Breakdown
How Anthem Pets Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Anthem Pets Inc
Is Anthem Pets Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Anthem Pets Inc (EIN: 204988647) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Anthem Pets Inc a good charity to donate to?
Anthem Pets Inc has a Mission Score of 85/100. Revenue: $136K. Assets: $106K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Anthem Pets Inc?
The Employer Identification Number (EIN) for Anthem Pets Inc is 204988647. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Anthem Pets Inc spend its money?
Anthem Pets Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Anthem Pets Inc's tax-exempt status?
You can verify Anthem Pets Inc's tax-exempt status using EIN 204988647 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Anthem Pets Inc demonstrates a commitment to its mission of animal welfare, as evidenced by its consistent program spending. In the latest filing period (202312), the organization reported expenses of $142,287 against revenues of $140,920, indicating that nearly all incoming funds are being utilized for its operations. Over the past five years, the organization has experienced fluctuations in revenue, ranging from a high of $227,128 in 202112 to a low of $63,786 in 201912, suggesting a need for more stable funding streams. Despite these fluctuations, the organization has maintained a healthy asset base, with $67,504 in assets and no liabilities in 202312, indicating sound financial management and a lack of debt. The consistent reporting of 0% officer compensation across all available filings highlights a strong volunteer-driven model and a focus on directing resources to programmatic activities rather than administrative overhead.
The organization's spending efficiency appears strong, with a significant portion of its expenses dedicated to program services. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation suggests a lean administrative structure. The organization's financial health, while showing some year-to-year variability in revenue, is generally stable, with assets consistently exceeding liabilities. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency and accountability, allowing stakeholders to review its financial activities.
Overall, Anthem Pets Inc appears to be a well-managed nonprofit with a clear focus on its mission. Its financial practices, characterized by no executive compensation and a healthy asset-to-liability ratio, suggest a responsible approach to donor funds. The primary area for potential improvement would be to stabilize and grow its revenue streams to ensure consistent funding for its programs, especially given periods where expenses have exceeded revenue, such as in 202312 and 202212.