Quick charity verification for Iowa Parrot Rescue (EIN: 202980643)
Verdict: Iowa Parrot Rescue appears trustworthy
95/100Mission Score
$126KRevenue
$325KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero liabilities reported across all filings, indicating excellent financial health and no debt.
No officer compensation reported, suggesting a volunteer-led organization and high efficiency.
Consistent growth in net assets, from $143,049 in 2016 to $314,674 in 2023.
Positive net income in most years (e.g., $14,581 in 2023, $11,984 in 2021), contributing to asset growth.
Consistent filing of IRS Form 990s over eight periods, demonstrating strong transparency.
Spending Breakdown
How Iowa Parrot Rescue allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Iowa Parrot Rescue
Is Iowa Parrot Rescue a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Parrot Rescue (EIN: 202980643) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Iowa Parrot Rescue a good charity to donate to?
Iowa Parrot Rescue has a Mission Score of 95/100. Revenue: $126K. Assets: $325K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Iowa Parrot Rescue?
The Employer Identification Number (EIN) for Iowa Parrot Rescue is 202980643. 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 Iowa Parrot Rescue spend its money?
Iowa Parrot Rescue allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Iowa Parrot Rescue's tax-exempt status?
You can verify Iowa Parrot Rescue's tax-exempt status using EIN 202980643 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
Iowa Parrot Rescue demonstrates consistent financial health, maintaining positive net assets and generally operating with a surplus. For example, in 2023, the organization reported revenue of $91,009 against expenses of $76,428, contributing to an increase in assets to $314,674. The organization's liabilities have consistently been reported as $0 across all available filings, indicating a very strong balance sheet and minimal financial risk. This suggests excellent financial management and a commitment to avoiding debt.
The organization's spending efficiency appears strong, particularly given its mission. With no officer compensation reported in any of the filings, it suggests that the organization is run by volunteers, which significantly reduces administrative overhead. This allows a greater proportion of funds to be directed towards its program services. While specific program spending percentages aren't detailed in the provided data, the absence of executive compensation is a strong indicator of efficient resource allocation.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over eight periods and the clear reporting of zero liabilities and zero officer compensation. This level of detail and consistency in reporting contributes to a positive assessment of their financial transparency, allowing stakeholders to easily track their financial performance and resource allocation.