Quick charity verification for Red Lake Rosies Rescue Inc (EIN: 203917194)
Verdict: Red Lake Rosies Rescue Inc appears trustworthy
85/100Mission Score
$247KRevenue
$895KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in 2023 ($263,603 vs $240,921), indicating an operating deficit for that period.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to minimizing administrative overhead.
Significant growth in assets over the past decade, from $154,535 in 2014 to $947,068 in 2023.
Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
Relatively low liabilities, peaking at $375 in 2023, suggesting sound financial management of debt.
Spending Breakdown
How Red Lake Rosies Rescue 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 Red Lake Rosies Rescue Inc
Is Red Lake Rosies Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Red Lake Rosies Rescue Inc (EIN: 203917194) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Red Lake Rosies Rescue Inc a good charity to donate to?
Red Lake Rosies Rescue Inc has a Mission Score of 85/100. Revenue: $247K. Assets: $895K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Red Lake Rosies Rescue Inc?
The Employer Identification Number (EIN) for Red Lake Rosies Rescue Inc is 203917194. 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 Red Lake Rosies Rescue Inc spend its money?
Red Lake Rosies Rescue Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Red Lake Rosies Rescue Inc's tax-exempt status?
You can verify Red Lake Rosies Rescue Inc's tax-exempt status using EIN 203917194 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
Red Lake Rosies Rescue Inc demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $947,068 in 2023. The organization's revenue has fluctuated, peaking at $647,852 in 2021 before settling to $240,921 in 2023. A notable point is the consistent reporting of 0% officer compensation across all available filings, indicating a volunteer-led or very lean executive structure, which is a positive for donor confidence regarding administrative overhead.
Spending efficiency appears to be reasonable, though the 2023 expenses ($263,603) exceeded revenue ($240,921), leading to a deficit for that year. This contrasts with previous years like 2021 and 2022 where revenue significantly outpaced expenses. The organization's liabilities have remained relatively low, with a peak of $375 in 2023, suggesting good financial management in terms of debt.
Transparency is strong given the consistent filing of IRS Form 990s and the clear reporting of financial metrics. The absence of officer compensation is a key indicator of a focus on mission rather than executive enrichment. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency across these categories is limited.