Is North Baldwin Animal Shelter Inc Legit?

Quick charity verification for North Baldwin Animal Shelter Inc (EIN: 205972135)

Verdict: North Baldwin Animal Shelter Inc appears trustworthy

90/100Mission Score
$299KRevenue
$918KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

North Baldwin Animal Shelter Inc demonstrates generally stable financial health, with revenues consistently covering expenses in most recent years. For example, in 2022, revenue was $382,361 against expenses of $278,750, indicating a healthy surplus. The organization's assets have shown significant growth, nearly doubling from $473,198 in 2021 to $917,945 currently, which is a positive indicator of financial stability and capacity. However, the latest revenue of $299,237 is a decrease from the $382,361 reported in 2022, which warrants monitoring. Spending efficiency appears strong, as the organization consistently reports 0% officer compensation, suggesting that resources are directed towards its mission rather than executive salaries. While detailed program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive sign for efficiency. The organization's consistent filing of IRS Form 990s over 12 periods indicates a commitment to transparency. Overall, North Baldwin Animal Shelter Inc appears to be a financially sound organization with a good track record of managing its resources. The substantial increase in assets, coupled with the absence of officer compensation, suggests a well-managed and mission-focused entity. Continued monitoring of revenue trends will be important to ensure long-term sustainability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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