Quick charity verification for Leftover Pets Inc (EIN: 203077286)
Verdict: Leftover Pets Inc appears trustworthy
70/100Mission Score
$165KRevenue
$56KAssets
3Red Flags
3Strengths
Red Flags
Frequent operating deficits, with expenses often exceeding revenue (e.g., $195,017 expenses vs. $171,356 revenue in 2023).
Liabilities exceeding assets in the most recent filing ($62,170 liabilities vs. $54,070 assets in 2023), indicating negative net assets.
Lack of significant financial reserves, as indicated by modest asset levels relative to annual expenses.
Strengths
Consistent 0% officer compensation, demonstrating a volunteer-led model and efficient use of funds for mission.
Stable revenue generation over the past decade, averaging around $160,000 annually.
Long filing history (13 filings), indicating consistent compliance with IRS reporting requirements.
Spending Breakdown
How Leftover Pets 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
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 Leftover Pets Inc
Is Leftover Pets Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Leftover Pets Inc (EIN: 203077286) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Leftover Pets Inc a good charity to donate to?
Leftover Pets Inc has a Mission Score of 70/100. Revenue: $165K. Assets: $56K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leftover Pets Inc?
The Employer Identification Number (EIN) for Leftover Pets Inc is 203077286. 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 Leftover Pets Inc spend its money?
Leftover Pets Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leftover Pets Inc's tax-exempt status?
You can verify Leftover Pets Inc's tax-exempt status using EIN 203077286 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
Leftover Pets Inc demonstrates consistent revenue generation, averaging around $160,000 annually over the past decade. However, the organization frequently operates with expenses exceeding revenue, as seen in 2023 where expenses of $195,017 outstripped revenue of $171,356, leading to a deficit. This pattern of spending more than it takes in, while not always severe, suggests a need for tighter financial management or increased fundraising efforts to build reserves.
The organization's asset base is relatively modest at $55,780, and in 2023, liabilities ($62,170) exceeded assets, indicating a potentially precarious financial position. A positive note is the consistent reporting of 0% officer compensation across all filings, which speaks to a volunteer-driven leadership and efficient use of donor funds for direct mission activities. This commitment to minimizing overhead at the executive level is a strong indicator of donor-centric operations.
While the 990 data doesn't provide a detailed breakdown of program vs. administrative spending, the absence of paid officers suggests a high proportion of funds likely go directly to programs. However, the recurring deficits and the 2023 negative net assets raise concerns about long-term sustainability and financial resilience. Improved financial planning to ensure expenses do not consistently outpace revenue would strengthen the organization's overall health and transparency regarding its ability to maintain operations.