Cat Depot
Cat Depot maintains stable operations with no reported officer compensation, directing funds to its mission.
EIN: 200217681 · Sarasota, FL · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $2.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $2.3M |
| Transparency Score | 90/100 |
Is Cat Depot Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cat Depot directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cat Depot
Cat Depot (EIN: 200217681) is a nonprofit organization based in Sarasota, FL, classified under NTEE code D20. The organization reported total revenue of $3.7M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cat Depot's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cat Depot is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$32K |
| Total Assets | $2.8M |
| Total Liabilities | $433K |
| Net Assets | $2.3M |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 15.6% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, Cat Depot reported a surplus of $32K with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 15.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Cat Depot's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.7% | +14.1% | +6.3% |
| 2022 | +25.2% | +7.9% | -3.4% |
| 2021 | +3.5% | +6.5% | -7.9% |
| 2020 | +92.2% | +83.2% | +1.8% |
| 2019 | -52.0% | -53.2% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| 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 Cat Depot 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, Cat Depot 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 $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.6%.
Executive Compensation Analysis
Cat Depot consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with annual revenues approaching $3 million.
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 Depot:
- Consistent 0% officer compensation reported across all filings, indicating strong commitment to mission spending.
- Revenues closely match expenses in recent years (e.g., $2,890,701 revenue vs. $2,858,542 expenses in 2023), demonstrating efficient operational management.
- Relatively low liabilities compared to assets ($432,639 liabilities vs. $2,776,397 assets in 2023), indicating a healthy balance sheet.
- Stable revenue growth in recent years, from $1,978,590 in 2020 to $2,890,701 in 2023.
Frequently Asked Questions about Cat Depot
Is Cat Depot a legitimate charity?
Cat Depot (EIN: 200217681) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.7M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Cat Depot spend its money?
Cat Depot directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cat Depot tax-deductible?
Cat Depot is registered as a tax-exempt nonprofit (EIN: 200217681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cat Depot CEO make?
Cat Depot's highest-compensated officer earns $3 annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cat Depot's spending goes to programs?
Cat Depot directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cat Depot compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cat Depot 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 Depot located?
Cat Depot is headquartered in Sarasota, Florida and files with the IRS under EIN 200217681. It is classified under NTEE code D20.
How many years of IRS 990 filings does Cat Depot have?
Cat Depot 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 $3.7M in total revenue.
Is Cat Depot a good charity?
Based on the available IRS 990 data, Cat Depot appears to be a good charity. It demonstrates strong financial management with expenses closely aligned with revenue, low liabilities, and a notable commitment to transparency by reporting 0% officer compensation.
How has Cat Depot's financial health changed over time?
Cat Depot's financial health has shown stability in recent years, with revenues and expenses closely matched. While assets have decreased from a peak of $4.2 million in 2016 to $2.7 million in 2023, liabilities have remained manageable, indicating prudent financial stewardship.
What is Cat Depot's approach to executive compensation?
Cat Depot's approach to executive compensation is highly conservative, with all available IRS 990 filings reporting 0% officer compensation. This suggests a strong dedication to allocating resources directly to program services rather than executive salaries.
Filing History
IRS 990 filing history for Cat Depot showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Cat Depot's revenue has grown by 335.4%, moving from $664K to $2.9M. Total assets increased by 1700.4% over the same period, from $154K to $2.8M. Total functional expenses rose by 317.2%, from $685K to $2.9M. In its most recent filing year (2023), Cat Depot reported a surplus of $32K, with revenue exceeding expenses. The organization holds $433K in liabilities against $2.8M in assets (debt-to-asset ratio: 15.6%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.9M | $2.8M | $433K | — | — |
| 2022 | $2.6M | $2.5M | $2.6M | $300K | — | View 990 |
| 2021 | $2.0M | $2.3M | $2.7M | $451K | — | View 990 |
| 2020 | $2.0M | $2.2M | $2.9M | $409K | — | View 990 |
| 2019 | $1.0M | $1.2M | $2.9M | $156K | — | View 990 |
| 2019 | $2.1M | $2.5M | $3.0M | $96K | — | View 990 |
| 2018 | $2.2M | $2.5M | $3.4M | $77K | — | View 990 |
| 2017 | $2.4M | $2.4M | $3.7M | $26K | — | View 990 |
| 2016 | $1.8M | $2.0M | $4.2M | $711K | — | View 990 |
| 2015 | $4.8M | $1.5M | $3.8M | $53K | — | View 990 |
| 2014 | $1.2M | $1.1M | $348K | $572 | — | View 990 |
| 2013 | $1.0M | $958K | $205K | $380 | — | View 990 |
| 2012 | $828K | $833K | $150K | $295 | — | View 990 |
| 2011 | $664K | $685K | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.9M, and assets of $2.8M (revenue +12.7% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.5M, and assets of $2.6M (revenue +25.2% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.3M, and assets of $2.7M (revenue +3.5% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.2M, and assets of $2.9M (revenue +92.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.2M, and assets of $2.9M (revenue -52.0% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.5M, and assets of $3.0M (revenue -1.2% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.5M, and assets of $3.4M (revenue -10.5% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $3.7M (revenue +31.4% year-over-year).
- 2016: Revenue of $1.8M, expenses of $2.0M, and assets of $4.2M (revenue -61.8% year-over-year).
- 2015: Revenue of $4.8M, expenses of $1.5M, and assets of $3.8M (revenue +302.1% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $348K (revenue +18.8% year-over-year).
- 2013: Revenue of $1.0M, expenses of $958K, and assets of $205K (revenue +22.1% year-over-year).
- 2012: Revenue of $828K, expenses of $833K, and assets of $150K (revenue +24.8% year-over-year).
- 2011: Revenue of $664K, expenses of $685K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cat Depot:
Data Sources and Methodology
This transparency report for Cat Depot 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.