Is Suncoast Animal League Legit?

Quick charity verification for Suncoast Animal League (EIN: 20787661)

Verdict: Suncoast Animal League appears trustworthy

92/100Mission Score
$1.4MRevenue
$1.5MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Suncoast Animal League demonstrates consistent financial growth and strong program spending, indicating a healthy operational model. Over the past five years, revenue has steadily increased from $932,312 in 2019 to $1,056,694 in 2023, with a notable jump in assets from $295,774 to $1,112,341 in the same period, suggesting effective financial management and asset accumulation. The organization consistently reports 0% officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's spending efficiency appears robust, with expenses generally well below revenue, allowing for asset growth. For example, in 2023, expenses were $882,490 against revenues of $1,056,694, resulting in a surplus. This consistent surplus contributes to the organization's financial stability and capacity for future programs. The absence of officer compensation further reinforces the impression of a lean and mission-focused operation. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health, consistent revenue growth, and zero executive compensation suggest a well-managed and transparent organization. The significant increase in assets over time also points to sound financial stewardship.

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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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