Is City Of Madison Police K 9 And Equine Partners Inc Legit?
Quick charity verification for City Of Madison Police K 9 And Equine Partners Inc (EIN: 201069730)
Verdict: City Of Madison Police K 9 And Equine Partners Inc appears trustworthy
92/100Mission Score
$349KRevenue
$581KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $139,924 in 2014 to $525,426 in 2023.
Zero reported liabilities across all 13 filings, indicating strong financial health.
0% officer compensation reported, suggesting high efficiency in directing funds to mission.
Expenses consistently lower than revenue, demonstrating sound financial management.
Robust filing history with 13 IRS 990 filings, indicating strong transparency.
Spending Breakdown
How City Of Madison Police K 9 And Equine Partners Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 City Of Madison Police K 9 And Equine Partners Inc
Is City Of Madison Police K 9 And Equine Partners Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, City Of Madison Police K 9 And Equine Partners Inc (EIN: 201069730) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is City Of Madison Police K 9 And Equine Partners Inc a good charity to donate to?
City Of Madison Police K 9 And Equine Partners Inc has a Mission Score of 92/100. Revenue: $349K. Assets: $581K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for City Of Madison Police K 9 And Equine Partners Inc?
The Employer Identification Number (EIN) for City Of Madison Police K 9 And Equine Partners Inc is 201069730. 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 City Of Madison Police K 9 And Equine Partners Inc spend its money?
City Of Madison Police K 9 And Equine Partners Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify City Of Madison Police K 9 And Equine Partners Inc's tax-exempt status?
You can verify City Of Madison Police K 9 And Equine Partners Inc's tax-exempt status using EIN 201069730 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
City Of Madison Police K 9 And Equine Partners Inc demonstrates consistent financial health with a positive net asset position and no reported liabilities across all available filings. The organization's revenue has fluctuated, with a notable peak of $211,754 in 2016 and a recent high of $152,787 in 2023. Expenses have generally remained well below revenue, indicating sound financial management and an ability to build reserves, as evidenced by the growth in assets from $139,924 in 2014 to $525,426 in 2023. The organization's commitment to its mission is further supported by its consistent reporting of 0% officer compensation, suggesting that resources are primarily directed towards programmatic activities rather than executive salaries.
The organization's spending efficiency appears strong, particularly given the absence of officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall trend of expenses being significantly lower than revenue suggests that a substantial portion of funds is available for mission-related work or asset building. The consistent growth in assets over the decade, reaching $525,426 in 2023, indicates effective stewardship of donor funds and a healthy financial foundation.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, demonstrating a commitment to public disclosure. The consistent reporting of zero liabilities and zero officer compensation enhances trust and indicates a straightforward financial structure. The availability of detailed financial data through these filings allows for a clear understanding of the organization's financial operations and resource allocation.