Is First Coast No More Homeless Pets Inc…

Quick charity verification for First Coast No More Homeless Pets Inc (EIN: 10709158)

Strengths

Strong program spending ratio (estimated 88% of expenses to programs)
Consistent revenue growth over the past decade (from $5.6M in 2014 to $9.1M in 2023)
Healthy and growing asset base ($1.7M in 2014 to $4.9M in 2023)
0% reported officer compensation across all filings, indicating high efficiency and transparency
Consistent positive net income in most recent years, contributing to financial stability

Spending Breakdown

How First Coast No More Homeless Pets Inc allocates its funds across programs, administration, and fundraising.

88%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 First Coast No More Homeless Pets Inc

Is First Coast No More Homeless Pets Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, First Coast No More Homeless Pets Inc (EIN: 10709158) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is First Coast No More Homeless Pets Inc a good charity to donate to?

First Coast No More Homeless Pets Inc has a Mission Score of 92/100. Revenue: $10.6M. Assets: $6.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for First Coast No More Homeless Pets Inc?

The Employer Identification Number (EIN) for First Coast No More Homeless Pets Inc is 10709158. 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 First Coast No More Homeless Pets Inc spend its money?

First Coast No More Homeless Pets Inc allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify First Coast No More Homeless Pets Inc's tax-exempt status?

You can verify First Coast No More Homeless Pets Inc's tax-exempt status using EIN 10709158 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

First Coast No More Homeless Pets Inc demonstrates consistent financial growth and a strong commitment to its program services. Over the past decade, the organization's revenue has steadily increased from $5.6 million in 2014 to over $9.1 million in 2023, indicating robust donor support and operational expansion. Their program spending ratio is commendable, with a significant majority of expenses directed towards their mission, as evidenced by the 2023 filing showing $8,689,468 in total expenses against $9,126,597 in revenue, suggesting efficient use of funds. The organization also maintains a healthy asset base, growing from $1.7 million in 2014 to nearly $5 million in 2023, providing a solid foundation for future operations.

The organization's financial health appears stable, consistently operating with revenues generally exceeding expenses, leading to positive net assets. For instance, in 2023, revenue exceeded expenses by over $400,000. The consistent 'Officer Comp=0%' across all available filings is a significant indicator of transparency and a volunteer-led executive structure, which is highly favorable for a nonprofit. This practice suggests that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which could be further clarified but generally points to a focus on mission over executive salaries.

Overall, First Coast No More Homeless Pets Inc exhibits strong financial management, efficient spending on programs, and a high degree of transparency regarding executive compensation. Their sustained growth in revenue and assets, coupled with a high program spending ratio, positions them as a financially sound and impactful charity.

Is First Coast No More Homeless Pets Inc Legit?

Verdict: First Coast No More Homeless Pets Inc appears trustworthy