Quick charity verification for The Pet Ring Foundation (EIN: 205095417)
Verdict: The Pet Ring Foundation has notable concerns
20/100Mission Score
$0Revenue
$0Assets
4Red Flags
1Strengths
Red Flags
Latest reported revenue and assets are $0, indicating potential inactivity or dissolution.
Significant gap in filing history with no data after 2014.
Negative net assets in the 201412 period (Assets $31,149 vs. Liabilities $55,940).
Expenses ($202,111) exceeded revenue ($173,109) in the 201412 period.
Strengths
Reported 0% officer compensation in available filings, indicating a volunteer-driven approach or efficient use of limited funds for executive roles.
Spending Breakdown
How The Pet Ring Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 The Pet Ring Foundation
Is The Pet Ring Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Pet Ring Foundation (EIN: 205095417) has notable concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.
Is The Pet Ring Foundation a good charity to donate to?
The Pet Ring Foundation has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Pet Ring Foundation?
The Employer Identification Number (EIN) for The Pet Ring Foundation is 205095417. 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 The Pet Ring Foundation spend its money?
The Pet Ring Foundation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Pet Ring Foundation's tax-exempt status?
You can verify The Pet Ring Foundation's tax-exempt status using EIN 205095417 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
The Pet Ring Foundation appears to be a very small, potentially inactive, or newly formed organization based on its latest financial filings. The most recent filing (201412) shows revenue of $173,109 and expenses of $202,111, indicating a deficit for that period. Assets were $31,149 with liabilities of $55,940, suggesting a negative net asset position. The organization's latest reported revenue and assets are $0, which, combined with the lack of more recent filings, raises concerns about its current operational status and financial health. The absence of officer compensation in the available filings suggests either a volunteer-run model or that compensation was not reported, but given the overall financial figures, it's likely the former or that the organization was not actively compensating executives during these periods. The lack of an NTEE code and the significant gap in filing history (2010 to 2014, then no data after 2014) also impact transparency.