Canine Castaways Inc
Canine Castaways Inc shows strong program focus and no executive compensation, with recent significant revenue growth.
EIN: 200416812 · Arcadia, FL · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $560K |
| Total Expenses | $233K |
| Program Spending | 85% |
| Net Assets | $269K |
| Transparency Score | 90/100 |
Is Canine Castaways Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Canine Castaways Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Canine Castaways Inc
Canine Castaways Inc (EIN: 200416812) is a nonprofit organization based in Arcadia, FL, classified under NTEE code D20. The organization reported total revenue of $560K and total assets of $193K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canine Castaways Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Canine Castaways Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $268K |
| Total Expenses | $233K |
| Surplus / Deficit | +$35K |
| Total Assets | $297K |
| Total Liabilities | $27K |
| Net Assets | $269K |
| Operating Margin | 13.1% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2022, Canine Castaways Inc reported a surplus of $35K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Canine Castaways Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +79.8% | +81.3% | +26.6% |
| 2021 | -24.0% | +10.4% | +9.7% |
| 2020 | +76.4% | -6.6% | +59.9% |
| 2019 | -23.8% | -2.4% | -12.1% |
| 2018 | +4.6% | +7.2% | +13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Canine Castaways Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Canine Castaways Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received salaries from the organization. This is highly commendable for an organization of its size, suggesting a volunteer-driven leadership model.
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 Canine Castaways Inc's IRS 990 filings:
- Significant fluctuation in reported assets between 2022 ($296,623) and latest reported ($193,315) without immediate explanation.
- Emergence of liabilities in 2022 ($27,200) after years of reporting zero liabilities.
Strengths
The following positive indicators were identified for Canine Castaways Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and direct program focus.
- Strong and consistent revenue growth over the past decade, from $90,434 in 2013 to $559,912 currently.
- Demonstrated ability to build assets over time, from $31,709 in 2013 to $296,623 in 2022.
- Consistent filing of IRS 990s for 12 periods, indicating good transparency and compliance.
Frequently Asked Questions about Canine Castaways Inc
Is Canine Castaways Inc a legitimate charity?
Canine Castaways Inc (EIN: 200416812) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $560K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Canine Castaways Inc spend its money?
Canine Castaways Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Canine Castaways Inc tax-deductible?
Canine Castaways Inc is registered as a tax-exempt nonprofit (EIN: 200416812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Canine Castaways Inc's spending goes to programs?
Canine Castaways Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Canine Castaways Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Canine Castaways Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Canine Castaways Inc located?
Canine Castaways Inc is headquartered in Arcadia, Florida and files with the IRS under EIN 200416812. It is classified under NTEE code D20.
How many years of IRS 990 filings does Canine Castaways Inc have?
Canine Castaways Inc has 12 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 $560K in total revenue.
What caused the significant increase in revenue from $268,351 in 2022 to the latest reported $559,912?
The provided data shows a substantial jump in revenue. Further details from the latest full 990 filing would be needed to understand the specific sources (e.g., grants, donations, program service revenue) contributing to this growth and whether it is sustainable.
What is the nature of the $27,200 in liabilities reported in 2022, given previous years had zero liabilities?
The emergence of liabilities in 2022 is a new financial aspect. Understanding if these are short-term operational liabilities, program-related debts, or other obligations would provide a clearer picture of the organization's financial commitments.
How does Canine Castaways Inc manage its administrative and fundraising costs without paid executive staff?
The absence of officer compensation suggests a highly efficient, likely volunteer-led, operational structure. It would be beneficial to understand how administrative tasks and fundraising efforts are sustained and funded within this model.
Filing History
IRS 990 filing history for Canine Castaways Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Canine Castaways Inc's revenue has grown by 278.3%, moving from $71K to $268K. Total assets increased by 2819.5% over the same period, from $10K to $297K. Total functional expenses rose by 226.4%, from $71K to $233K. In its most recent filing year (2022), Canine Castaways Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $27K in liabilities against $297K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $269K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $268K | $233K | $297K | $27K | — | View 990 |
| 2021 | $149K | $129K | $234K | $0 | — | View 990 |
| 2020 | $196K | $116K | $214K | $0 | — | View 990 |
| 2019 | $111K | $125K | $134K | $0 | — | View 990 |
| 2018 | $146K | $128K | $152K | $0 | — | View 990 |
| 2017 | $140K | $119K | $134K | $0 | — | View 990 |
| 2016 | $151K | $109K | $93K | $0 | — | View 990 |
| 2015 | $124K | $124K | $51K | $0 | — | View 990 |
| 2014 | $123K | $121K | $50K | $0 | — | View 990 |
| 2013 | $90K | $87K | $32K | $0 | — | View 990 |
| 2012 | $84K | $66K | $28K | $0 | — | — |
| 2011 | $71K | $71K | $10K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $268K, expenses of $233K, and assets of $297K (revenue +79.8% year-over-year).
- 2021: Revenue of $149K, expenses of $129K, and assets of $234K (revenue -24.0% year-over-year).
- 2020: Revenue of $196K, expenses of $116K, and assets of $214K (revenue +76.4% year-over-year).
- 2019: Revenue of $111K, expenses of $125K, and assets of $134K (revenue -23.8% year-over-year).
- 2018: Revenue of $146K, expenses of $128K, and assets of $152K (revenue +4.6% year-over-year).
- 2017: Revenue of $140K, expenses of $119K, and assets of $134K (revenue -7.4% year-over-year).
- 2016: Revenue of $151K, expenses of $109K, and assets of $93K (revenue +21.3% year-over-year).
- 2015: Revenue of $124K, expenses of $124K, and assets of $51K (revenue +0.7% year-over-year).
- 2014: Revenue of $123K, expenses of $121K, and assets of $50K (revenue +36.5% year-over-year).
- 2013: Revenue of $90K, expenses of $87K, and assets of $32K (revenue +7.6% year-over-year).
- 2012: Revenue of $84K, expenses of $66K, and assets of $28K (revenue +18.5% year-over-year).
- 2011: Revenue of $71K, expenses of $71K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Canine Castaways Inc:
Data Sources and Methodology
This transparency report for Canine Castaways 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.