Quick charity verification for Havanese Rescue Inc (EIN: 201343696)
Verdict: Havanese Rescue Inc appears trustworthy
95/100Mission Score
$485KRevenue
$1.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Exceptional financial efficiency with very low expenses relative to revenue (e.g., $73,141 expenses on $1,030,186 revenue in 2023).
Consistent 0% officer compensation, indicating a volunteer-driven model.
Strong and consistent asset growth, reaching $1,533,385 in 2023.
No reported liabilities across all filing periods, demonstrating financial stability.
Significant revenue growth in the latest filing period, indicating strong donor support.
Spending Breakdown
How Havanese Rescue Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
3%
Admin Costs
Reasonable — admin costs in check
2%
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 Havanese Rescue Inc
Is Havanese Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Havanese Rescue Inc (EIN: 201343696) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Havanese Rescue Inc a good charity to donate to?
Havanese Rescue Inc has a Mission Score of 95/100. Revenue: $485K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Havanese Rescue Inc?
The Employer Identification Number (EIN) for Havanese Rescue Inc is 201343696. 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 Havanese Rescue Inc spend its money?
Havanese Rescue Inc allocates 95% to programs, 3% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Havanese Rescue Inc's tax-exempt status?
You can verify Havanese Rescue Inc's tax-exempt status using EIN 201343696 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
Havanese Rescue Inc demonstrates strong financial health and a highly efficient spending model, particularly in its most recent filing period. In 2023, the organization reported an impressive revenue of $1,030,186 against expenses of only $73,141, leading to a substantial increase in assets to $1,533,385. This indicates excellent fundraising capabilities and very tight cost control. The consistent reporting of zero officer compensation across all available filings highlights a volunteer-driven model, which significantly contributes to its operational efficiency and transparency. While specific program spending details are not fully itemized in the provided summary, the extremely low overall expense ratio suggests that the vast majority of funds are either retained for future programs or directly applied to their mission with minimal overhead.
The organization's asset growth from $187,308 in 2014 to $1,533,385 in 2023, with a significant jump in the last year, reflects robust financial management and the ability to build reserves. The absence of liabilities across all filings further underscores a healthy balance sheet and responsible financial practices. This financial stability, combined with the lack of paid executive compensation, paints a picture of a highly transparent and mission-focused charity. To further enhance transparency, a more detailed breakdown of program expenses versus administrative and fundraising costs would be beneficial, though the overall low expense base already suggests high efficiency.