Extremely low assets ($6 latest) indicating minimal financial reserves or capacity for significant operations.
Lack of detailed financial information due to 990-N filing, limiting in-depth analysis of spending efficiency.
Strengths
Consistent 0% officer compensation, indicating a volunteer-driven model and efficient use of funds for an organization of its size.
Consistent IRS filing history (5 filings), demonstrating basic compliance and transparency for a micro-nonprofit.
Very low overhead implied by minimal expenses relative to revenue, suggesting most funds go directly to purpose.
Spending Breakdown
How Cats Corner Incorporated allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Cats Corner Incorporated
Is Cats Corner Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Cats Corner Incorporated (EIN: 10496979) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Cats Corner Incorporated a good charity to donate to?
Cats Corner Incorporated has a Mission Score of 70/100. Revenue: $2K. Assets: $6. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cats Corner Incorporated?
The Employer Identification Number (EIN) for Cats Corner Incorporated is 10496979. 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 Cats Corner Incorporated spend its money?
Cats Corner Incorporated allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cats Corner Incorporated's tax-exempt status?
You can verify Cats Corner Incorporated's tax-exempt status using EIN 10496979 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
Cats Corner Incorporated appears to be a very small, community-based organization with extremely limited financial activity. Its latest reported revenue is only $2,086 and assets are a mere $6, indicating operations are minimal. The organization consistently reports very low revenue and expenses, typically in the range of $3,000-$4,000 annually over the past five years. This suggests a highly localized and volunteer-driven model, likely with no paid staff given the consistent 0% officer compensation. While the financial scale is tiny, the consistent filing of IRS Form 990-N (e-Postcard) demonstrates basic compliance with IRS requirements for small nonprofits, which contributes to a minimal level of transparency for an organization of its size. However, the lack of detailed financial breakdowns typical of larger 990 forms means deeper analysis of spending efficiency is not possible.