Castle Of Dreams Animal Rescue A Nj
Castle Of Dreams Animal Rescue maintains strong program focus with volunteer leadership, but faces increasing liabilities.
EIN: 200034726 · Cliffwood, NJ · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $233K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $87,356 |
| Net Assets | $16K |
| Transparency Score | 88/100 |
Is Castle Of Dreams Animal Rescue A Nj Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Castle Of Dreams Animal Rescue A Nj directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Castle Of Dreams Animal Rescue A Nj
Castle Of Dreams Animal Rescue A Nj (EIN: 200034726) is a nonprofit organization based in Cliffwood, NJ, classified under NTEE code D20. The organization reported total revenue of $185K and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Castle Of Dreams Animal Rescue A Nj's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Castle Of Dreams Animal Rescue A Nj is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $225K |
| Total Expenses | $233K |
| Surplus / Deficit | $-7,272 |
| Total Assets | $321K |
| Total Liabilities | $306K |
| Net Assets | $16K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 95.0% |
| Months of Reserves | 16.6 months |
Financial Health Grade: C
In 2024, Castle Of Dreams Animal Rescue A Nj reported a deficit of $7K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 95.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Castle Of Dreams Animal Rescue A Nj's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +37.9% | +20.5% | -6.5% |
| 2023 | -25.1% | +1.5% | -9.0% |
| 2022 | +39.7% | -9.7% | +2.5% |
| 2021 | -50.3% | -22.9% | -20.2% |
| 2020 | +156.5% | +149.3% | +36.8% |
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 Castle Of Dreams Animal Rescue A Nj 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, Castle Of Dreams Animal Rescue A Nj 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 95.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization, which is highly commendable for a nonprofit of its size with revenues fluctuating between $87,356 and $314,557.
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 Castle Of Dreams Animal Rescue A Nj's IRS 990 filings:
- Significant increase in liabilities over recent years, reaching $305,500 in 2024, which could indicate reliance on debt.
- Expenses occasionally exceeding revenue, as seen in 2024 and 2023, which could strain financial reserves.
Strengths
The following positive indicators were identified for Castle Of Dreams Animal Rescue A Nj:
- Consistent 0% officer compensation, indicating a volunteer-led and highly efficient leadership structure.
- Strong program focus, with a high percentage of spending likely directed towards its animal rescue mission.
- Consistent IRS 990 filing history, demonstrating good transparency and accountability.
- Growing asset base, reaching $321,497 in 2024, which provides some financial stability.
Frequently Asked Questions about Castle Of Dreams Animal Rescue A Nj
Is Castle Of Dreams Animal Rescue A Nj a legitimate charity?
Castle Of Dreams Animal Rescue A Nj (EIN: 200034726) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $185K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Castle Of Dreams Animal Rescue A Nj spend its money?
Castle Of Dreams Animal Rescue A Nj directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Castle Of Dreams Animal Rescue A Nj tax-deductible?
Castle Of Dreams Animal Rescue A Nj is registered as a tax-exempt nonprofit (EIN: 200034726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Castle Of Dreams Animal Rescue A Nj CEO make?
Castle Of Dreams Animal Rescue A Nj's highest-compensated officer earns $87,356 annually. The organization reported $185K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Castle Of Dreams Animal Rescue A Nj's spending goes to programs?
Castle Of Dreams Animal Rescue A Nj directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Castle Of Dreams Animal Rescue A Nj compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Castle Of Dreams Animal Rescue A Nj 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 Castle Of Dreams Animal Rescue A Nj located?
Castle Of Dreams Animal Rescue A Nj is headquartered in Cliffwood, New Jersey and files with the IRS under EIN 200034726. It is classified under NTEE code D20.
How many years of IRS 990 filings does Castle Of Dreams Animal Rescue A Nj have?
Castle Of Dreams Animal Rescue A Nj has 14 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 $185K in total revenue.
Is Castle Of Dreams Animal Rescue A Nj a good charity?
Based on the available data, Castle Of Dreams Animal Rescue A Nj appears to be a good charity. It demonstrates a strong commitment to its mission with no reported officer compensation, indicating a volunteer-driven model. Its program spending is likely high, and it has a consistent filing history, suggesting good transparency.
Why are the liabilities increasing significantly?
The liabilities have increased from $0 in 2017 to $305,500 in 2024. This significant increase warrants further investigation to understand if it's due to program-related debt, facility expansion, or other financial obligations. While assets have also grown, the rapid increase in liabilities is a point to monitor.
How does the organization manage its expenses relative to revenue?
The organization's expenses have sometimes exceeded its revenue, such as in 2024 (Expenses $232,667 vs. Revenue $225,395) and 2023 (Expenses $193,039 vs. Revenue $163,444). While this can happen in nonprofits, consistent deficits could impact long-term sustainability if not managed with reserves or other funding sources.
Filing History
IRS 990 filing history for Castle Of Dreams Animal Rescue A Nj showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Castle Of Dreams Animal Rescue A Nj's revenue has grown by 111.7%, moving from $106K to $225K. Total assets increased by 7762.5% over the same period, from $4K to $321K. Total functional expenses rose by 127.2%, from $102K to $233K. In its most recent filing year (2024), Castle Of Dreams Animal Rescue A Nj reported a deficit of $7K, with expenses exceeding revenue. The organization holds $306K in liabilities against $321K in assets (debt-to-asset ratio: 95.0%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $225K | $233K | $321K | $306K | — | — |
| 2023 | $163K | $193K | $344K | $321K | — | View 990 |
| 2022 | $218K | $190K | $378K | $325K | — | View 990 |
| 2021 | $156K | $211K | $369K | $344K | — | View 990 |
| 2020 | $315K | $273K | $462K | $383K | — | View 990 |
| 2019 | $123K | $110K | $338K | $300K | — | View 990 |
| 2018 | $139K | $168K | $25K | $0 | — | View 990 |
| 2017 | $87K | $84K | $54K | $0 | — | View 990 |
| 2016 | $88K | $101K | $51K | $0 | — | View 990 |
| 2015 | $104K | $112K | $64K | $0 | — | View 990 |
| 2014 | $114K | $114K | $71K | $0 | — | View 990 |
| 2013 | $101K | $98K | $9K | $0 | — | View 990 |
| 2012 | $127K | $126K | $5K | $0 | — | View 990 |
| 2011 | $106K | $102K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $225K, expenses of $233K, and assets of $321K (revenue +37.9% year-over-year).
- 2023: Revenue of $163K, expenses of $193K, and assets of $344K (revenue -25.1% year-over-year).
- 2022: Revenue of $218K, expenses of $190K, and assets of $378K (revenue +39.7% year-over-year).
- 2021: Revenue of $156K, expenses of $211K, and assets of $369K (revenue -50.3% year-over-year).
- 2020: Revenue of $315K, expenses of $273K, and assets of $462K (revenue +156.5% year-over-year).
- 2019: Revenue of $123K, expenses of $110K, and assets of $338K (revenue -12.0% year-over-year).
- 2018: Revenue of $139K, expenses of $168K, and assets of $25K (revenue +59.5% year-over-year).
- 2017: Revenue of $87K, expenses of $84K, and assets of $54K (revenue -0.6% year-over-year).
- 2016: Revenue of $88K, expenses of $101K, and assets of $51K (revenue -15.9% year-over-year).
- 2015: Revenue of $104K, expenses of $112K, and assets of $64K (revenue -8.5% year-over-year).
- 2014: Revenue of $114K, expenses of $114K, and assets of $71K (revenue +12.7% year-over-year).
- 2013: Revenue of $101K, expenses of $98K, and assets of $9K (revenue -20.5% year-over-year).
- 2012: Revenue of $127K, expenses of $126K, and assets of $5K (revenue +19.7% year-over-year).
- 2011: Revenue of $106K, expenses of $102K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Castle Of Dreams Animal Rescue A Nj:
Data Sources and Methodology
This transparency report for Castle Of Dreams Animal Rescue A Nj 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.