Cat Fanciers Association Inc
Cat Fanciers Association Inc. shows stable assets but experienced a net deficit in its most recent fiscal year.
EIN: 210700441 · Alliance, OH · Updated: 2026-03-28
Is Cat Fanciers Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cat Fanciers Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cat Fanciers Association Inc
Cat Fanciers Association Inc (EIN: 210700441) is a nonprofit organization based in Alliance, OH. The organization reported total revenue of $2.6M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cat Fanciers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cat Fanciers Association Inc is a mid-size nonprofit that has been operating for 66 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-88,995 |
| Total Assets | $4.1M |
| Total Liabilities | $224K |
| Net Assets | $3.9M |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 21.0 months |
Financial Health Grade: B
In 2023, Cat Fanciers Association Inc reported a deficit of $89K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Cat Fanciers Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | +9.7% | -0.4% |
| 2022 | -1.1% | +5.6% | -0.2% |
| 2021 | -14.2% | -27.4% | +11.7% |
| 2020 | -4.2% | +2.0% | +0.6% |
| 2019 | -2.4% | +13.3% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1960 |
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 Fanciers Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Cat Fanciers Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers do not receive salaries, which is highly unusual for an organization with annual revenues exceeding $2 million and suggests a volunteer-led executive structure.
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 Cat Fanciers Association Inc's IRS 990 filings:
- Unknown NTEE code, hindering clear categorization of mission.
- Net deficit in the most recent fiscal period (202304), with expenses exceeding revenue by $88,995.
Strengths
The following positive indicators were identified for Cat Fanciers Association Inc:
- Consistent filing of IRS Form 990s for 12 periods, indicating transparency.
- No reported officer compensation across all available filings, suggesting efficient use of funds for executive leadership.
- Healthy asset base, with assets consistently over $3 million in recent years, providing financial stability.
Frequently Asked Questions about Cat Fanciers Association Inc
Is Cat Fanciers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cat Fanciers Association Inc (EIN: 210700441) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Cat Fanciers Association Inc spend its money?
Cat Fanciers Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cat Fanciers Association Inc tax-deductible?
Cat Fanciers Association Inc is registered as a tax-exempt nonprofit (EIN: 210700441). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the NTEE code for Cat Fanciers Association Inc.?
The NTEE code for Cat Fanciers Association Inc. is currently unknown based on the provided data, which limits a precise understanding of its specific charitable category.
Why did expenses exceed revenue in the 202304 fiscal period?
In the 202304 fiscal period, expenses ($2,336,341) exceeded revenue ($2,247,346), resulting in a net deficit. The specific reasons for this deficit are not detailed in the provided summary data, but it could be due to increased operational costs, one-time expenditures, or a dip in revenue generation.
How does the organization manage without officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's executive leadership may be entirely volunteer-based, or compensation is structured in a way not captured under 'Officer Comp' on the 990, which is uncommon for an organization of this size.
Filing History
IRS 990 filing history for Cat Fanciers Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Cat Fanciers Association Inc's revenue has grown by 3.7%, moving from $2.2M to $2.2M. Total assets increased by 86.8% over the same period, from $2.2M to $4.1M. Total functional expenses rose by 12.2%, from $2.1M to $2.3M. In its most recent filing year (2023), Cat Fanciers Association Inc reported a deficit of $89K, with expenses exceeding revenue. The organization holds $224K in liabilities against $4.1M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.3M | $4.1M | $224K | — | View 990 |
| 2022 | $2.3M | $2.1M | $4.1M | $139K | — | View 990 |
| 2021 | $2.4M | $2.0M | $4.1M | $105K | — | View 990 |
| 2020 | $2.7M | $2.8M | $3.7M | $151K | — | — |
| 2019 | $2.9M | $2.7M | $3.7M | $142K | — | View 990 |
| 2018 | $2.9M | $2.4M | $3.6M | $200K | — | View 990 |
| 2017 | $2.7M | $2.1M | $3.3M | $437K | — | View 990 |
| 2016 | $2.3M | $1.9M | $2.7M | $411K | — | View 990 |
| 2015 | $1.8M | $1.8M | $2.1M | $258K | — | View 990 |
| 2014 | $1.9M | $1.8M | $2.1M | $268K | — | View 990 |
| 2013 | $2.2M | $2.0M | $2.1M | $352K | — | View 990 |
| 2012 | $2.2M | $2.1M | $2.2M | $653K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.3M, and assets of $4.1M (revenue -3.4% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.1M, and assets of $4.1M (revenue -1.1% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.0M, and assets of $4.1M (revenue -14.2% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.8M, and assets of $3.7M (revenue -4.2% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.7M, and assets of $3.7M (revenue -2.4% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.4M, and assets of $3.6M (revenue +9.4% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.1M, and assets of $3.3M (revenue +17.9% year-over-year).
- 2016: Revenue of $2.3M, expenses of $1.9M, and assets of $2.7M (revenue +27.1% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $2.1M (revenue -5.7% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $2.1M (revenue -15.5% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.0M, and assets of $2.1M (revenue +3.7% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.1M, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Cat Fanciers Association 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.