Is Cocker Spaniel Rescue Of New England Inc Legit?

Quick charity verification for Cocker Spaniel Rescue Of New England Inc (EIN: 20472694)

Verdict: Cocker Spaniel Rescue Of New England Inc appears trustworthy

92/100Mission Score
$114KRevenue
$262KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Cocker Spaniel Rescue Of New England Inc demonstrates consistent financial health, maintaining a stable revenue stream around $100,000-$130,000 annually over the past decade. The organization has shown strong asset growth, increasing from $35,717 in 2011 to $261,648 in 2022, indicating effective financial management and accumulation of reserves. Their spending efficiency appears robust, with expenses in 2022 ($64,119) significantly lower than revenue ($109,270), leading to a substantial surplus. The consistent reporting of 0% officer compensation across all filings is a strong indicator of volunteer-driven leadership and a commitment to directing funds towards their mission, enhancing their transparency and public trust. The organization's financial practices suggest a focus on sustainability and program delivery. The significant increase in assets, coupled with relatively low liabilities ($5,882 in 2022), points to a well-managed balance sheet. While specific program spending percentages are not detailed in the provided data, the overall expense-to-revenue ratio, particularly in recent years, suggests a lean operational model. The absence of officer compensation further reinforces the impression of a highly efficient and mission-focused operation, where resources are likely maximized for direct charitable activities.

View Full Transparency Report →

Disclaimer

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

Related Pages