Quick charity verification for Paws For Life Nc (EIN: 10621772)
Verdict: Paws For Life Nc appears trustworthy
92/100Mission Score
$424KRevenue
$277KAssets
1Red Flags
5Strengths
Red Flags
None identified based on provided financial data.
Strengths
Consistent operating surplus, e.g., $2,866 in 2023 ($236,576 revenue vs. $233,710 expenses).
Zero reported officer compensation across all 13 filings.
No reported liabilities in recent filings (e.g., $0 in 2023, 2022, 2021).
Steady asset growth, from $21,697 in 2014 to $135,823 in 2023.
Strong program spending ratio due to minimal administrative and fundraising costs.
Spending Breakdown
How Paws For Life Nc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Paws For Life Nc
Is Paws For Life Nc a legitimate charity?
Based on AI analysis of IRS 990 filings, Paws For Life Nc (EIN: 10621772) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Paws For Life Nc a good charity to donate to?
Paws For Life Nc has a Mission Score of 92/100. Revenue: $424K. Assets: $277K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Paws For Life Nc?
The Employer Identification Number (EIN) for Paws For Life Nc is 10621772. 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 Paws For Life Nc spend its money?
Paws For Life Nc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Paws For Life Nc's tax-exempt status?
You can verify Paws For Life Nc's tax-exempt status using EIN 10621772 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
Paws For Life Nc demonstrates consistent financial health and efficient spending, particularly in its program services. Over the past five years, the organization has maintained a healthy operating surplus, with revenues consistently exceeding expenses. For instance, in 2023, revenue was $236,576 against expenses of $233,710, indicating careful financial management. The organization's assets have shown steady growth, from $26,692 in 2015 to $135,823 in 2023, suggesting a stable financial foundation and capacity for future operations.
The organization's spending efficiency is commendable, with a significant portion of its expenditures directed towards its mission. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership model, which further maximizes resources for program delivery. This commitment to minimizing administrative overhead contributes to a high program spending ratio.
Transparency is strong, as evidenced by 13 years of consistent IRS 990 filings, all of which report zero liabilities, indicating sound financial practices and a lack of debt. The detailed financial history allows for clear tracking of revenue, expenses, and asset growth, providing a comprehensive view of the organization's financial trajectory. Overall, Paws For Life Nc appears to be a well-managed and transparent nonprofit.