Cat Angels Pet Adoptions Inc
Cat Angels Pet Adoptions Inc shows strong financial growth and zero officer compensation in recent filings.
EIN: 203937950 · Cary, NC · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $388K |
| Total Expenses | $353K |
| Program Spending | 90% |
| Net Assets | $222K |
| Transparency Score | 92/100 |
Is Cat Angels Pet Adoptions Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cat Angels Pet Adoptions Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cat Angels Pet Adoptions Inc
Cat Angels Pet Adoptions Inc (EIN: 203937950) is a nonprofit organization based in Cary, NC, classified under NTEE code D20. The organization reported total revenue of $388K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cat Angels Pet Adoptions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cat Angels Pet Adoptions 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 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $509K |
| Total Expenses | $353K |
| Surplus / Deficit | +$156K |
| Total Assets | $222K |
| Net Assets | $222K |
| Operating Margin | 30.6% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Cat Angels Pet Adoptions Inc reported a surplus of $156K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Cat Angels Pet Adoptions Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.1% | -0.3% | +236.1% |
| 2022 | +91.5% | +83.6% | -53.2% |
| 2021 | -10.4% | +55.8% | -9.5% |
| 2020 | +4.3% | +5.1% | +92.7% |
| 2019 | -13.3% | -44.8% | +192.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Cat Angels Pet Adoptions Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Cat Angels Pet Adoptions Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $156K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for directing funds to its mission.
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 Cat Angels Pet Adoptions Inc:
- Strong financial growth in the latest period (202312) with revenue of $509,060 significantly exceeding expenses of $353,258.
- Consistent reporting of 0% officer compensation across all available filings, indicating high efficiency in directing funds to programs.
- Substantial increase in assets to $221,779 in the 202312 period, demonstrating growing financial capacity.
- Consistent reporting of zero liabilities in recent years, indicating strong financial stability.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and accountability.
Frequently Asked Questions about Cat Angels Pet Adoptions Inc
Is Cat Angels Pet Adoptions Inc a legitimate charity?
Cat Angels Pet Adoptions Inc (EIN: 203937950) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $388K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Cat Angels Pet Adoptions Inc spend its money?
Cat Angels Pet Adoptions Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Cat Angels Pet Adoptions Inc tax-deductible?
Cat Angels Pet Adoptions Inc is registered as a tax-exempt nonprofit (EIN: 203937950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Cat Angels Pet Adoptions Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Cat Angels Pet Adoptions 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 Cat Angels Pet Adoptions Inc located?
Cat Angels Pet Adoptions Inc is headquartered in Cary, North Carolina and files with the IRS under EIN 203937950. It is classified under NTEE code D20.
How many years of IRS 990 filings does Cat Angels Pet Adoptions Inc have?
Cat Angels Pet Adoptions Inc has 13 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 $388K in total revenue.
Is Cat Angels Pet Adoptions Inc a good charity?
Based on its financial data, Cat Angels Pet Adoptions Inc appears to be a good charity. It demonstrates strong financial health, particularly in its latest filing with significant revenue growth and asset accumulation. The consistent reporting of zero officer compensation is a major positive, indicating efficient use of funds for its mission.
How has Cat Angels Pet Adoptions Inc's financial health changed over time?
The organization has shown significant financial growth, especially in the 202312 period, with revenue increasing to $509,060 and assets reaching $221,779. While there were periods of minor deficits, the overall trend indicates increasing capacity and financial stability.
What is Cat Angels Pet Adoptions Inc's approach to executive compensation?
Cat Angels Pet Adoptions Inc consistently reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or a structure where executive salaries are not a significant expense, which is highly efficient for a nonprofit.
Filing History
IRS 990 filing history for Cat Angels Pet Adoptions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cat Angels Pet Adoptions Inc's revenue has grown by 318.5%, moving from $122K to $509K. Total assets increased by 378.5% over the same period, from $46K to $222K. Total functional expenses rose by 233.2%, from $106K to $353K. In its most recent filing year (2023), Cat Angels Pet Adoptions Inc reported a surplus of $156K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $509K | $353K | $222K | $0 | — | — |
| 2022 | $341K | $354K | $66K | $0 | — | View 990 |
| 2021 | $178K | $193K | $141K | $0 | — | View 990 |
| 2020 | $199K | $124K | $156K | $0 | — | — |
| 2019 | $191K | $118K | $81K | $0 | — | View 990 |
| 2018 | $220K | $214K | $28K | $0 | — | View 990 |
| 2017 | $218K | $214K | $31K | $10K | — | View 990 |
| 2016 | $233K | $229K | $16K | $2K | — | View 990 |
| 2015 | $204K | $199K | $30K | $19K | — | View 990 |
| 2014 | $192K | $179K | $29K | $24K | — | View 990 |
| 2013 | $156K | $178K | $17K | $25K | — | View 990 |
| 2012 | $139K | $161K | $40K | $26K | — | View 990 |
| 2011 | $122K | $106K | $46K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $509K, expenses of $353K, and assets of $222K (revenue +49.1% year-over-year).
- 2022: Revenue of $341K, expenses of $354K, and assets of $66K (revenue +91.5% year-over-year).
- 2021: Revenue of $178K, expenses of $193K, and assets of $141K (revenue -10.4% year-over-year).
- 2020: Revenue of $199K, expenses of $124K, and assets of $156K (revenue +4.3% year-over-year).
- 2019: Revenue of $191K, expenses of $118K, and assets of $81K (revenue -13.3% year-over-year).
- 2018: Revenue of $220K, expenses of $214K, and assets of $28K (revenue +1.2% year-over-year).
- 2017: Revenue of $218K, expenses of $214K, and assets of $31K (revenue -6.7% year-over-year).
- 2016: Revenue of $233K, expenses of $229K, and assets of $16K (revenue +14.2% year-over-year).
- 2015: Revenue of $204K, expenses of $199K, and assets of $30K (revenue +6.5% year-over-year).
- 2014: Revenue of $192K, expenses of $179K, and assets of $29K (revenue +22.8% year-over-year).
- 2013: Revenue of $156K, expenses of $178K, and assets of $17K (revenue +12.3% year-over-year).
- 2012: Revenue of $139K, expenses of $161K, and assets of $40K (revenue +14.2% year-over-year).
- 2011: Revenue of $122K, expenses of $106K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cat Angels Pet Adoptions Inc:
Data Sources and Methodology
This transparency report for Cat Angels Pet Adoptions 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.