Is Kearney Area Animal Shelter Inc Legit? —…

Quick charity verification for Kearney Area Animal Shelter Inc (EIN: 201231396)

Strengths

Strong revenue growth, with latest revenue at $1,266,655 significantly higher than previous years.
Consistent asset growth, reaching $1,380,111 in 2022.
Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Low liabilities relative to assets, suggesting a healthy balance sheet and minimal financial risk.
Positive net income in recent years (e.g., $612,561 revenue vs. $548,133 expenses in 2022).

Spending Breakdown

How Kearney Area Animal Shelter Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Kearney Area Animal Shelter Inc

Is Kearney Area Animal Shelter Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Kearney Area Animal Shelter Inc (EIN: 201231396) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Kearney Area Animal Shelter Inc a good charity to donate to?

Kearney Area Animal Shelter Inc has a Mission Score of 90/100. Revenue: $1.3M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kearney Area Animal Shelter Inc?

The Employer Identification Number (EIN) for Kearney Area Animal Shelter Inc is 201231396. 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 Kearney Area Animal Shelter Inc spend its money?

Kearney Area Animal Shelter Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kearney Area Animal Shelter Inc's tax-exempt status?

You can verify Kearney Area Animal Shelter Inc's tax-exempt status using EIN 201231396 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

Kearney Area Animal Shelter Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,380,111 in 2022. The organization has shown a positive trend in revenue, with the latest reported revenue at $1,266,655, significantly higher than previous years, indicating strong donor support or successful fundraising efforts. Expenses have also increased, but the organization has managed to maintain a surplus in recent years (e.g., $612,561 revenue vs. $548,133 expenses in 2022), suggesting sound financial management. The absence of reported officer compensation across all available filings indicates a high degree of volunteer leadership, which contributes to lower administrative costs and greater efficiency in resource allocation towards its mission.

Spending efficiency appears strong, particularly given the zero reported officer compensation, which directly reduces overhead. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health suggests that the majority of funds are likely directed towards animal welfare programs. The organization's consistent filing history and the availability of its 990 data contribute to its transparency. The growth in assets and revenue, coupled with controlled expenses, paints a picture of a well-managed and financially responsible nonprofit.

However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to precisely assess spending efficiency ratios. The significant jump in 'Latest Revenue' to $1,266,655 compared to the 2022 period's $612,561 suggests a very successful recent period, which is a positive indicator. The low liabilities relative to assets also point to a healthy balance sheet, minimizing financial risk.

Is Kearney Area Animal Shelter Inc Legit?

Verdict: Kearney Area Animal Shelter Inc appears trustworthy