Consistent negative net income: The organization has reported expenses exceeding revenue in multiple years (e.g., 2023, 2022, 2020, 2015, 2013), indicating financial instability.
Extremely low program spending: In 2023, only $66 was reported for program service accomplishments, which is a negligible amount compared to total expenses of $305,859.
Declining revenue trend: Revenue has generally decreased from $435,192 in 2014 to $300,000 in 2023.
Significant administrative overhead relative to program spending: With only $66 in program spending, the remaining expenses are largely administrative, raising questions about operational efficiency.
Strengths
Consistent reporting of $0 executive compensation, indicating a volunteer-driven leadership structure.
Long operational history with filings dating back to 2013.
Spending Breakdown
How Companion Animal Placement Inc allocates its funds across programs, administration, and fundraising.
66%
Program Spending
Below average — room for improvement
34%
Admin Costs
High — over 25% on administration
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 Companion Animal Placement Inc
Is Companion Animal Placement Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Companion Animal Placement Inc (EIN: 223084903) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
Is Companion Animal Placement Inc a good charity to donate to?
Companion Animal Placement Inc has a Mission Score of 60/100. Revenue: $302K. Assets: $38K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Companion Animal Placement Inc?
The Employer Identification Number (EIN) for Companion Animal Placement Inc is 223084903. 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 Companion Animal Placement Inc spend its money?
Companion Animal Placement Inc allocates 66% to programs, 34% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Companion Animal Placement Inc's tax-exempt status?
You can verify Companion Animal Placement Inc's tax-exempt status using EIN 223084903 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
Companion Animal Placement Inc is a animal-related nonprofit based in Weehawken, New Jersey, with reported revenue of $302K and assets of $38K. Our AI analysis assigns a Mission Score of 60/100 (Good). Approximately 66% of spending goes to programs, 34% to administration, and 0% to fundraising. - The organization's 2023 Form 990-EZ reports total revenue of $300,000 and total expenses of $305,859, resulting in a net loss for the year.
- The 2023 filing indicates $66 spent on program service accomplishments, representing a very small portion of total expenses.
- The organization consistently reports 0% compensation for officers, directors, trustees, and key employees across all available filings. The organization consistently reports $0 in compensation for all officers, directors, trustees, and key employees, as per their Form 990-EZ filings. Revenue has remained stable -5% across 10 filing periods.