Ark Vets Inc
EIN: 710680724 · Springdale, AR
| Metric | Value |
|---|---|
| Total Revenue | $369K |
| Total Expenses | $39K |
| Net Assets | $42K |
Is Ark Vets Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ark Vets Inc
Ark Vets Inc (EIN: 710680724) is a nonprofit organization based in Springdale, AR. The organization reported total revenue of $369K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ark Vets Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ark Vets Inc is a small nonprofit that has been operating for 34 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $39K |
| Surplus / Deficit | $-7,591 |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | -24.2% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Ark Vets Inc reported a deficit of $8K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Ark Vets Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.9% | +11.3% | -15.2% |
| 2022 | -45.3% | -17.4% | -13.1% |
| 2021 | +105.9% | +54.4% | +59.0% |
| 2020 | -87.8% | -75.8% | +271.4% |
| 2019 | +308.6% | +55.9% | +58.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ark Vets Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ark Vets Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Ark Vets Inc
Is Ark Vets Inc a legitimate charity?
Ark Vets Inc (EIN: 710680724) is a registered tax-exempt nonprofit based in Arkansas. It has 11 years of IRS 990 filings on record. Total revenue: $369K. No red flags identified. Financial health grade: B.
How does Ark Vets Inc spend its money?
Ark Vets Inc reported $369K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ark Vets Inc tax-deductible?
Ark Vets Inc is registered as a tax-exempt nonprofit (EIN: 710680724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ark Vets Inc located?
Ark Vets Inc is headquartered in Springdale, Arkansas and files with the IRS under EIN 710680724.
How many years of IRS 990 filings does Ark Vets Inc have?
Ark Vets Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $369K in total revenue.
Filing History
IRS 990 filing history for Ark Vets Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Ark Vets Inc's revenue has declined by 59.1%, moving from $77K to $31K. Total assets increased by 1026.8% over the same period, from $4K to $42K. Total functional expenses fell by 48.2%, from $75K to $39K. In its most recent filing year (2023), Ark Vets Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $39K | $42K | $0 | — | — |
| 2022 | $38K | $35K | $50K | $0 | — | — |
| 2021 | $70K | $42K | $58K | $0 | — | — |
| 2020 | $34K | $27K | $36K | $0 | — | — |
| 2019 | $278K | $113K | $10K | $29K | — | View 990 |
| 2018 | $68K | $73K | $6K | $58K | — | View 990 |
| 2017 | $66K | $79K | $13K | $61K | — | — |
| 2016 | $103K | $109K | $13K | $48K | — | View 990 |
| 2015 | $97K | $96K | $13K | $42K | — | View 990 |
| 2014 | $78K | $80K | $14K | $43K | — | View 990 |
| 2011 | $77K | $75K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $39K, and assets of $42K (revenue -17.9% year-over-year).
- 2022: Revenue of $38K, expenses of $35K, and assets of $50K (revenue -45.3% year-over-year).
- 2021: Revenue of $70K, expenses of $42K, and assets of $58K (revenue +105.9% year-over-year).
- 2020: Revenue of $34K, expenses of $27K, and assets of $36K (revenue -87.8% year-over-year).
- 2019: Revenue of $278K, expenses of $113K, and assets of $10K (revenue +308.6% year-over-year).
- 2018: Revenue of $68K, expenses of $73K, and assets of $6K (revenue +2.9% year-over-year).
- 2017: Revenue of $66K, expenses of $79K, and assets of $13K (revenue -35.7% year-over-year).
- 2016: Revenue of $103K, expenses of $109K, and assets of $13K (revenue +6.2% year-over-year).
- 2015: Revenue of $97K, expenses of $96K, and assets of $13K (revenue +23.8% year-over-year).
- 2014: Revenue of $78K, expenses of $80K, and assets of $14K (revenue +1.9% year-over-year).
- 2011: Revenue of $77K, expenses of $75K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ark Vets Inc:
Data Sources and Methodology
This transparency report for Ark Vets 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.