American Pet Products Association Inc
American Pet Products Association Inc maintains strong assets and positive net income with no reported officer compensation on 990s.
EIN: 136146744 · Stamford, CT · Updated: 2026-03-28
Is American Pet Products Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Pet Products Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Pet Products Association Inc
American Pet Products Association Inc (EIN: 136146744) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $28.9M and total assets of $30.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Pet Products Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Pet Products Association Inc is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.9M |
| Total Expenses | $13.5M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $28.1M |
| Total Liabilities | $12.9M |
| Net Assets | $15.3M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 45.7% |
| Months of Reserves | 25.0 months |
Financial Health Grade: A
In 2023, American Pet Products Association Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 25.0 months of operating reserves (strong position), has a debt-to-asset ratio of 45.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Pet Products Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.4% | +21.7% | +17.1% |
| 2022 | +137.5% | +46.9% | -4.7% |
| 2021 | -62.5% | -41.5% | +12.5% |
| 2020 | -2.3% | -5.8% | -14.9% |
| 2019 | +2.5% | +1.1% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Pet Products Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, American Pet Products Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $10 million and assets over $20 million. This could indicate that compensation is reported under different categories or that the organization's leadership is entirely volunteer-based, which would be a significant strength in terms of resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Pet Products Association Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation across all filings, which may obscure actual executive remuneration if reported under other expense categories.
Strengths
The following positive indicators were identified for American Pet Products Association Inc:
- Consistent positive net income, indicating sound financial management.
- Strong and growing asset base, reaching $30,228,967 in the latest filing.
- Consistent IRS 990 filing history, demonstrating transparency.
- Significant revenue growth from $5,157,224 in 2021 to $14,877,677 in 2023.
Frequently Asked Questions about American Pet Products Association Inc
Is American Pet Products Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Pet Products Association Inc (EIN: 136146744) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does American Pet Products Association Inc spend its money?
American Pet Products Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Pet Products Association Inc tax-deductible?
American Pet Products Association Inc is registered as a tax-exempt nonprofit (EIN: 136146744). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Pet Products Association Inc a good charity?
Based on the available financial data, APPA demonstrates strong financial health with growing assets and consistent positive net income. The reported 0% officer compensation is a unique and positive aspect, suggesting efficient use of funds, though further clarity on executive compensation structure would be beneficial for a complete assessment.
How does APPA manage its expenses relative to its revenue?
APPA consistently manages its expenses below its revenue. For example, in 2023, revenue was $14,877,677 while expenses were $13,514,100, resulting in a surplus that contributes to its growing asset base.
What is the trend in APPA's assets?
APPA's assets have shown a consistent upward trend, growing from $19,086,571 in 2014 to $30,228,967 in the latest filing, indicating strong financial growth and stability.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation on the IRS 990s is unusual for an organization of this size. It could mean that executive compensation is categorized differently on the form, or that the organization operates with a volunteer leadership structure, which would be a significant indicator of efficiency.
Filing History
IRS 990 filing history for American Pet Products Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Pet Products Association Inc's revenue has grown by 89.4%, moving from $7.9M to $14.9M. Total assets increased by 94.7% over the same period, from $14.4M to $28.1M. Total functional expenses rose by 73.9%, from $7.8M to $13.5M. In its most recent filing year (2023), American Pet Products Association Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $12.9M in liabilities against $28.1M in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $15.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.9M | $13.5M | $28.1M | $12.9M | — | View 990 |
| 2022 | $12.3M | $11.1M | $24.0M | $11.7M | — | View 990 |
| 2021 | $5.2M | $7.6M | $25.2M | $10.3M | — | View 990 |
| 2020 | $13.8M | $12.9M | $22.4M | $6.1M | — | View 990 |
| 2019 | $14.1M | $13.7M | $26.3M | $12.4M | — | — |
| 2018 | $13.7M | $13.6M | $24.0M | $12.2M | — | View 990 |
| 2017 | $12.9M | $11.4M | $24.1M | $11.4M | — | — |
| 2016 | $11.5M | $11.1M | $21.4M | $10.9M | — | View 990 |
| 2015 | $11.2M | $10.4M | $19.7M | $9.8M | — | View 990 |
| 2014 | $10.2M | $9.5M | $19.1M | $9.4M | — | View 990 |
| 2013 | $9.5M | $9.1M | $17.2M | $8.2M | — | View 990 |
| 2012 | $8.5M | $8.2M | $16.3M | $8.2M | — | View 990 |
| 2011 | $7.9M | $7.8M | $14.4M | $7.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.9M, expenses of $13.5M, and assets of $28.1M (revenue +21.4% year-over-year).
- 2022: Revenue of $12.3M, expenses of $11.1M, and assets of $24.0M (revenue +137.5% year-over-year).
- 2021: Revenue of $5.2M, expenses of $7.6M, and assets of $25.2M (revenue -62.5% year-over-year).
- 2020: Revenue of $13.8M, expenses of $12.9M, and assets of $22.4M (revenue -2.3% year-over-year).
- 2019: Revenue of $14.1M, expenses of $13.7M, and assets of $26.3M (revenue +2.5% year-over-year).
- 2018: Revenue of $13.7M, expenses of $13.6M, and assets of $24.0M (revenue +6.1% year-over-year).
- 2017: Revenue of $12.9M, expenses of $11.4M, and assets of $24.1M (revenue +12.5% year-over-year).
- 2016: Revenue of $11.5M, expenses of $11.1M, and assets of $21.4M (revenue +2.8% year-over-year).
- 2015: Revenue of $11.2M, expenses of $10.4M, and assets of $19.7M (revenue +9.3% year-over-year).
- 2014: Revenue of $10.2M, expenses of $9.5M, and assets of $19.1M (revenue +8.2% year-over-year).
- 2013: Revenue of $9.5M, expenses of $9.1M, and assets of $17.2M (revenue +11.5% year-over-year).
- 2012: Revenue of $8.5M, expenses of $8.2M, and assets of $16.3M (revenue +8.0% year-over-year).
- 2011: Revenue of $7.9M, expenses of $7.8M, and assets of $14.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Pet Products Association Inc:
Data Sources and Methodology
This transparency report for American Pet Products Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.