Declining revenue trend from 2014 to 2021, though it has since recovered.
Strengths
Consistent reporting of 0% officer compensation, maximizing funds for mission.
No reported liabilities across all filings, indicating strong financial health.
Maintains positive asset levels, with $87,112 in 2023.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Fairhope Cat Coalition Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Fairhope Cat Coalition Inc
Is Fairhope Cat Coalition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairhope Cat Coalition Inc (EIN: 10554023) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Fairhope Cat Coalition Inc a good charity to donate to?
Fairhope Cat Coalition Inc has a Mission Score of 85/100. Revenue: $94K. Assets: $76K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fairhope Cat Coalition Inc?
The Employer Identification Number (EIN) for Fairhope Cat Coalition Inc is 10554023. 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 Fairhope Cat Coalition Inc spend its money?
Fairhope Cat Coalition Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fairhope Cat Coalition Inc's tax-exempt status?
You can verify Fairhope Cat Coalition Inc's tax-exempt status using EIN 10554023 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
Fairhope Cat Coalition Inc demonstrates consistent financial operations, with revenues and expenses generally in balance over the past decade. While there have been fluctuations, such as a peak in revenue at $136,365 in 2014 and a low of $61,350 in 2021, the organization has maintained positive assets, reaching $87,112 in 2023. The absence of reported liabilities across all available filings indicates a strong balance sheet and responsible financial management, avoiding debt. The organization's commitment to transparency is further bolstered by its consistent reporting of 0% officer compensation, suggesting that leadership is likely volunteer-based or compensated through non-salary means, which is a positive indicator for donor confidence.
Spending efficiency appears to be robust, particularly given the lack of officer compensation, which directly translates to more funds available for program services. Although specific program spending percentages are not detailed in the provided data, the overall financial health, characterized by stable assets and no liabilities, suggests that the organization is effectively managing its resources. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to regulatory compliance and public accountability, enhancing its transparency profile.