Quick charity verification for Happy Tails Rescue Foundation (EIN: 202388312)
Verdict: Happy Tails Rescue Foundation appears trustworthy
85/100Mission Score
$326KRevenue
$2.8MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities in 2023 ($1,555,424) without clear explanation in provided data.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary.
Strengths
Consistent revenue generation and positive net assets over the past decade.
Strong asset growth, increasing from $81,792 in 2015 to $2,981,983 in 2023.
No officer compensation reported across all filings, indicating high dedication of funds to mission.
Generally healthy financial position with expenses typically below or near revenue.
Spending Breakdown
How Happy Tails Rescue Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Happy Tails Rescue Foundation
Is Happy Tails Rescue Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Happy Tails Rescue Foundation (EIN: 202388312) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Happy Tails Rescue Foundation a good charity to donate to?
Happy Tails Rescue Foundation has a Mission Score of 85/100. Revenue: $326K. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Happy Tails Rescue Foundation?
The Employer Identification Number (EIN) for Happy Tails Rescue Foundation is 202388312. 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 Happy Tails Rescue Foundation spend its money?
Happy Tails Rescue Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Happy Tails Rescue Foundation's tax-exempt status?
You can verify Happy Tails Rescue Foundation's tax-exempt status using EIN 202388312 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
Happy Tails Rescue Foundation demonstrates a generally healthy financial position with consistent revenue generation and asset growth over the past decade. In 2023, the organization reported revenues of $843,384 against expenses of $838,862, indicating a near break-even operation for the year. The significant increase in assets from $81,792 in 2015 to $2,981,983 in 2023, particularly the jump from $1,979,749 in 2022, suggests successful fundraising or investment strategies, though it's important to note the corresponding increase in liabilities to $1,555,424 in 2023. This substantial liability increase warrants further investigation to understand its nature and impact on long-term financial stability.
The organization's spending efficiency appears reasonable, with expenses generally tracking revenue. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for donors. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The substantial growth in assets and revenue over time suggests a growing capacity to fulfill its mission, but the recent increase in liabilities needs careful monitoring to ensure it doesn't compromise future operations.
Transparency is good regarding executive compensation, with no officer compensation reported. However, the lack of detailed expense breakdowns in the provided data limits a full transparency assessment. A deeper dive into the specific uses of funds, especially the nature of the increased liabilities, would provide a more complete picture of the organization's financial health and operational transparency.