Is Paws Ability Legit?

Quick charity verification for Paws Ability (EIN: 113821169)

Verdict: Paws Ability appears trustworthy

92/100Mission Score
$289KRevenue
$246KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Paws Ability demonstrates consistent growth in revenue and assets over the past several years, indicating a stable financial trajectory. In 2023, the organization reported revenue of $219,111 against expenses of $164,949, resulting in a surplus that contributed to an increase in assets to $232,662. This trend of managing expenses below revenue is generally positive for long-term sustainability. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management and limited reliance on debt. The absence of officer compensation reported across all available filings is a significant indicator of efficiency and a strong commitment to directing funds towards the mission. This suggests that leadership is likely volunteer-based, which can maximize the impact of donor contributions. While specific program spending details are not provided in the summary data, the overall financial health appears sound, with a healthy asset base relative to its annual expenses. Transparency is enhanced by the consistent filing of IRS Form 990s, with 13 filings available, demonstrating a commitment to public accountability. The growth in assets from $41,536 in 2020 to $232,662 in 2023, alongside increasing revenue, suggests effective fundraising and financial stewardship. The organization appears to be well-managed financially, with a clear focus on its mission given the lack of executive compensation.

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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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