Canines For Change Inc
Canines For Change Inc shows strong revenue growth and zero executive compensation, directing funds to mission.
EIN: 203351582 · Dimondale, MI · NTEE: D99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $648K |
| Total Expenses | $237K |
| Program Spending | 90% |
| Net Assets | $437K |
| Transparency Score | 95/100 |
Is Canines For Change Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Canines For Change Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Canines For Change Inc
Canines For Change Inc (EIN: 203351582) is a nonprofit organization based in Dimondale, MI, classified under NTEE code D99. The organization reported total revenue of $648K and total assets of $858K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canines For Change Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Canines For Change Inc is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 21.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $237K |
| Surplus / Deficit | +$203K |
| Total Assets | $442K |
| Total Liabilities | $5K |
| Net Assets | $437K |
| Operating Margin | 46.2% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 22.4 months |
Financial Health Grade: A
In 2023, Canines For Change Inc reported a surplus of $203K with revenue exceeding expenses, holds 22.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Canines For Change Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.8% | -4.5% | +36.4% |
| 2022 | +95.1% | +134.8% | +201.4% |
| 2021 | +415.4% | +42.5% | +307.6% |
| 2020 | -67.4% | -21.1% | -52.1% |
| 2019 | +74.0% | +86.5% | +63.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2014 |
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 Canines For Change Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Canines For Change Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $203K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers. This is a highly positive sign, suggesting that all available funds are directed towards the organization's mission and operations, rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Canines For Change Inc:
- Consistent and significant revenue growth, from $37,778 in 2020 to $439,821 in 2023.
- Zero officer compensation reported across all filings, indicating high dedication to mission.
- Strong financial health with assets significantly exceeding liabilities (e.g., $442,087 assets vs. $5,069 liabilities in 2023).
- Efficient spending, with expenses consistently lower than revenue in recent years, allowing for asset accumulation.
- Positive trend in asset growth, reflecting sound financial management and increasing capacity.
Frequently Asked Questions about Canines For Change Inc
Is Canines For Change Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Canines For Change Inc (EIN: 203351582) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Canines For Change Inc spend its money?
Canines For Change Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Canines For Change Inc tax-deductible?
Canines For Change Inc is registered as a tax-exempt nonprofit (EIN: 203351582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Canines For Change Inc's spending goes to programs?
Canines For Change Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Canines For Change Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Canines For Change Inc is above average for NTEE category D99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Canines For Change Inc located?
Canines For Change Inc is headquartered in Dimondale, Michigan and files with the IRS under EIN 203351582. It is classified under NTEE code D99.
How many years of IRS 990 filings does Canines For Change Inc have?
Canines For Change 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 $648K in total revenue.
Is Canines For Change Inc a good charity?
Based on the available financial data, Canines For Change Inc appears to be a very good charity. They demonstrate strong financial growth, efficient spending (expenses consistently below revenue), and a remarkable commitment to their mission by reporting 0% officer compensation across all filings. Their assets significantly outweigh liabilities, indicating financial stability.
How has Canines For Change Inc's revenue trended over time?
Canines For Change Inc has shown significant and consistent revenue growth, particularly in recent years. Revenue increased from $37,778 in 2020 to $439,821 in 2023, indicating growing support and operational scale.
What is the organization's financial stability?
The organization demonstrates strong financial stability. Their assets have consistently grown, reaching $442,087 in 2023, while liabilities remain very low ($5,069 in 2023). This healthy asset-to-liability ratio suggests a robust financial position.
Filing History
IRS 990 filing history for Canines For Change Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Canines For Change Inc's revenue has grown by 719.9%, moving from $54K to $440K. Total assets increased by 5818.2% over the same period, from $7K to $442K. Total functional expenses rose by 412.5%, from $46K to $237K. In its most recent filing year (2023), Canines For Change Inc reported a surplus of $203K, with revenue exceeding expenses. The organization holds $5K in liabilities against $442K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $437K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $440K | $237K | $442K | $5K | — | — |
| 2022 | $380K | $248K | $324K | $6K | — | — |
| 2021 | $195K | $106K | $107K | $2K | — | View 990 |
| 2020 | $38K | $74K | $26K | $10K | — | View 990 |
| 2019 | $116K | $94K | $55K | $763 | — | View 990 |
| 2018 | $67K | $50K | $34K | $1K | — | View 990 |
| 2017 | $40K | $39K | $16K | $0 | — | View 990 |
| 2016 | $61K | $43K | $15K | $312 | — | View 990 |
| 2015 | $50K | $58K | $1 | $2K | — | View 990 |
| 2014 | $58K | $54K | $5K | $0 | — | View 990 |
| 2013 | $51K | $57K | $2K | $0 | — | View 990 |
| 2012 | $54K | $46K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $440K, expenses of $237K, and assets of $442K (revenue +15.8% year-over-year).
- 2022: Revenue of $380K, expenses of $248K, and assets of $324K (revenue +95.1% year-over-year).
- 2021: Revenue of $195K, expenses of $106K, and assets of $107K (revenue +415.4% year-over-year).
- 2020: Revenue of $38K, expenses of $74K, and assets of $26K (revenue -67.4% year-over-year).
- 2019: Revenue of $116K, expenses of $94K, and assets of $55K (revenue +74.0% year-over-year).
- 2018: Revenue of $67K, expenses of $50K, and assets of $34K (revenue +65.9% year-over-year).
- 2017: Revenue of $40K, expenses of $39K, and assets of $16K (revenue -33.7% year-over-year).
- 2016: Revenue of $61K, expenses of $43K, and assets of $15K (revenue +20.9% year-over-year).
- 2015: Revenue of $50K, expenses of $58K, and assets of $1 (revenue -13.3% year-over-year).
- 2014: Revenue of $58K, expenses of $54K, and assets of $5K (revenue +13.8% year-over-year).
- 2013: Revenue of $51K, expenses of $57K, and assets of $2K (revenue -5.4% year-over-year).
- 2012: Revenue of $54K, expenses of $46K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Canines For Change Inc:
Data Sources and Methodology
This transparency report for Canines For Change 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.