Is Cat Adoption Team Legit?

Quick charity verification for Cat Adoption Team (EIN: 200773189)

Verdict: Cat Adoption Team appears trustworthy

92/100Mission Score
$4.0MRevenue
$11.3MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Cat Adoption Team demonstrates consistent financial growth and strong program focus based on its IRS 990 filings. Over the past five years, revenue has steadily increased from $2,634,764 in 2019 to $3,329,110 in 2023, indicating growing support for its mission. The organization consistently spends a high proportion of its expenses on program services, as evidenced by its efficient operations where expenses are generally well-managed relative to revenue. For instance, in 2023, expenses were $3,220,013 against revenues of $3,329,110, leaving a healthy surplus. The organization's asset base has also shown significant growth, from $7,989,070 in 2019 to $10,488,977 in 2023, suggesting sound financial management and accumulation of resources to support future operations. Liabilities remain a relatively small portion of assets, indicating a strong balance sheet. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries, which is a strong positive for donor confidence.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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