Inconsistent revenue and expense patterns make financial forecasting and operational stability difficult to assess.
Significant asset growth with relatively low expenses could indicate underutilization of funds for immediate program needs, depending on asset composition.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in leadership compensation.
Substantial and consistent asset growth over the past decade, from $301,741 in 2011 to $2,425,123 currently.
Extremely low liabilities across all reported periods, demonstrating strong financial solvency and minimal debt.
Strong potential for program spending efficiency given the low expense figures relative to assets in many years.
Spending Breakdown
How Friends Rescued Animals Network 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 Friends Rescued Animals Network
Is Friends Rescued Animals Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Rescued Animals Network (EIN: 205319029) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Friends Rescued Animals Network a good charity to donate to?
Friends Rescued Animals Network has a Mission Score of 85/100. Revenue: $665K. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Rescued Animals Network?
The Employer Identification Number (EIN) for Friends Rescued Animals Network is 205319029. 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 Friends Rescued Animals Network spend its money?
Friends Rescued Animals Network allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Rescued Animals Network's tax-exempt status?
You can verify Friends Rescued Animals Network's tax-exempt status using EIN 205319029 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
Friends Rescued Animals Network demonstrates a fluctuating financial profile with significant asset growth over the past decade, from $301,741 in 2011 to $2,425,123 currently. However, recent filings show inconsistent revenue generation and spending patterns. For instance, in 2023, expenses ($42,754) exceeded revenue ($36,758), while in 2022, revenue ($425,570) vastly outpaced expenses ($31,988). This volatility makes it challenging to assess consistent operational efficiency. The organization consistently reports zero officer compensation, which is a positive indicator for resource allocation directly to mission-related activities, but also raises questions about the operational structure and potential reliance on unpaid leadership or external contractors for management functions. The extremely low liabilities across all reported periods suggest strong financial management regarding debt.