Canine Lifesavers Inc
Canine Lifesavers Inc operates with lean finances and no reported officer compensation, consistently spending near its annual revenue.
EIN: 204031437 · Stafford, VA · NTEE: D20 · Updated: 2026-03-28
Is Canine Lifesavers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Canine Lifesavers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Canine Lifesavers Inc
Canine Lifesavers Inc (EIN: 204031437) is a nonprofit organization based in Stafford, VA, classified under NTEE code D20. The organization reported total revenue of $703K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canine Lifesavers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Canine Lifesavers Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $781K |
| Total Expenses | $764K |
| Surplus / Deficit | +$17K |
| Total Assets | $78K |
| Total Liabilities | $3K |
| Net Assets | $75K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 1.2 months |
Financial Health Grade: A
In 2023, Canine Lifesavers Inc reported a surplus of $17K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Canine Lifesavers Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | -13.3% | +31.5% |
| 2022 | +4.7% | +11.6% | -47.0% |
| 2021 | -4.8% | +5.6% | +1.6% |
| 2020 | +50.3% | +32.7% | +247.2% |
| 2019 | -13.9% | -9.7% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2006 |
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 Lifesavers Inc with a Mission Score of 88 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 Lifesavers 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Executive Compensation Analysis
Canine Lifesavers Inc reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one where executive roles are not compensated, which is a strong positive for donor confidence.
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 Lifesavers Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in summary data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Canine Lifesavers Inc:
- Consistent revenue and expense management, indicating stable operations.
- Zero reported officer compensation across all filings, suggesting volunteer leadership and efficient use of funds.
- Low liabilities, demonstrating strong financial health and minimal debt.
- Consistent filing of IRS Form 990s, indicating good transparency and compliance.
Frequently Asked Questions about Canine Lifesavers Inc
Is Canine Lifesavers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Canine Lifesavers Inc (EIN: 204031437) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Canine Lifesavers Inc spend its money?
Canine Lifesavers Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Canine Lifesavers Inc tax-deductible?
Canine Lifesavers Inc is registered as a tax-exempt nonprofit (EIN: 204031437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Canine Lifesavers Inc a good charity?
Based on the available IRS 990 data, Canine Lifesavers Inc appears to be a well-managed charity. They consistently operate with revenues closely matching expenses, maintain low liabilities, and report no officer compensation, suggesting efficient use of funds and a strong volunteer base.
How does Canine Lifesavers Inc manage its assets and liabilities?
Canine Lifesavers Inc maintains relatively modest assets (e.g., $77,585 in 2023) and consistently low liabilities (e.g., $2,516 in 2023), indicating a financially prudent approach with minimal debt.
What is the trend in Canine Lifesavers Inc's revenue and expenses?
Over the past decade, Canine Lifesavers Inc has shown consistent revenue generation, generally ranging from $550,000 to over $800,000 annually, with expenses closely tracking revenue, indicating stable operations.
Filing History
IRS 990 filing history for Canine Lifesavers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Canine Lifesavers Inc's revenue has grown by 117.5%, moving from $359K to $781K. Total assets increased by 157.2% over the same period, from $30K to $78K. Total functional expenses rose by 115.8%, from $354K to $764K. In its most recent filing year (2023), Canine Lifesavers Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $3K in liabilities against $78K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $75K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $781K | $764K | $78K | $3K | — | — |
| 2022 | $828K | $881K | $59K | $1K | — | View 990 |
| 2021 | $791K | $789K | $111K | $1K | — | View 990 |
| 2020 | $831K | $747K | $110K | $2K | — | View 990 |
| 2019 | $553K | $563K | $32K | $8K | — | View 990 |
| 2018 | $642K | $624K | $34K | $316 | — | View 990 |
| 2017 | $670K | $671K | $22K | $7K | — | View 990 |
| 2016 | $577K | $572K | $19K | $8K | — | View 990 |
| 2015 | $388K | $365K | $43K | $2K | — | View 990 |
| 2014 | $408K | $430K | $26K | $8K | — | View 990 |
| 2013 | $434K | $420K | $43K | $3K | — | View 990 |
| 2012 | $335K | $335K | $34K | $8K | — | View 990 |
| 2011 | $359K | $354K | $30K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $781K, expenses of $764K, and assets of $78K (revenue -5.7% year-over-year).
- 2022: Revenue of $828K, expenses of $881K, and assets of $59K (revenue +4.7% year-over-year).
- 2021: Revenue of $791K, expenses of $789K, and assets of $111K (revenue -4.8% year-over-year).
- 2020: Revenue of $831K, expenses of $747K, and assets of $110K (revenue +50.3% year-over-year).
- 2019: Revenue of $553K, expenses of $563K, and assets of $32K (revenue -13.9% year-over-year).
- 2018: Revenue of $642K, expenses of $624K, and assets of $34K (revenue -4.1% year-over-year).
- 2017: Revenue of $670K, expenses of $671K, and assets of $22K (revenue +16.2% year-over-year).
- 2016: Revenue of $577K, expenses of $572K, and assets of $19K (revenue +48.7% year-over-year).
- 2015: Revenue of $388K, expenses of $365K, and assets of $43K (revenue -5.0% year-over-year).
- 2014: Revenue of $408K, expenses of $430K, and assets of $26K (revenue -5.9% year-over-year).
- 2013: Revenue of $434K, expenses of $420K, and assets of $43K (revenue +29.3% year-over-year).
- 2012: Revenue of $335K, expenses of $335K, and assets of $34K (revenue -6.6% year-over-year).
- 2011: Revenue of $359K, expenses of $354K, and assets of $30K.
Data Sources and Methodology
This transparency report for Canine Lifesavers 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.