Catnap From The Heart Inc
EIN: 223860113 · La Grange Pk, IL · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $661K |
| Total Expenses | $584K |
| Net Assets | $412K |
Is Catnap From The Heart Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Catnap From The Heart Inc
Catnap From The Heart Inc (EIN: 223860113) is a nonprofit organization based in La Grange Pk, IL, classified under NTEE code D20. The organization reported total revenue of $661K and total assets of $375K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catnap From The Heart Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catnap From The Heart Inc is a small nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $508K |
| Total Expenses | $584K |
| Surplus / Deficit | $-75,890 |
| Total Assets | $416K |
| Total Liabilities | $4K |
| Net Assets | $412K |
| Operating Margin | -14.9% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 8.6 months |
Financial Health Grade: B
In 2023, Catnap From The Heart Inc reported a deficit of $76K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Catnap From The Heart Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | +1.3% | -17.4% |
| 2022 | +7.8% | +9.7% | -7.9% |
| 2021 | +1.5% | +1.3% | -5.8% |
| 2020 | +20.9% | +0.2% | -0.6% |
| 2019 | -57.9% | +17.5% | -19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Catnap From The Heart Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catnap From The Heart Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Catnap From The Heart Inc
Is Catnap From The Heart Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catnap From The Heart Inc (EIN: 223860113) insufficient data. 0 red flags identified, 0 strengths noted.
How does Catnap From The Heart Inc spend its money?
Detailed spending breakdown data is not yet available for Catnap From The Heart Inc. Check back for updated IRS 990 analysis.
Are donations to Catnap From The Heart Inc tax-deductible?
Catnap From The Heart Inc is registered as a tax-exempt nonprofit (EIN: 223860113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Catnap From The Heart Inc located?
Catnap From The Heart Inc is headquartered in La Grange Pk, Illinois and files with the IRS under EIN 223860113. It is classified under NTEE code D20.
How many years of IRS 990 filings does Catnap From The Heart Inc have?
Catnap From The Heart Inc 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 $661K in total revenue.
Filing History
IRS 990 filing history for Catnap From The Heart Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Catnap From The Heart Inc's revenue has grown by 39.2%, moving from $365K to $508K. Total assets increased by 212.7% over the same period, from $133K to $416K. Total functional expenses rose by 106.8%, from $282K to $584K. In its most recent filing year (2023), Catnap From The Heart Inc reported a deficit of $76K, with expenses exceeding revenue. The organization holds $4K in liabilities against $416K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $412K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $508K | $584K | $416K | $4K | — | — |
| 2022 | $536K | $576K | $504K | $15K | — | View 990 |
| 2021 | $497K | $525K | $547K | $20K | — | View 990 |
| 2020 | $489K | $519K | $581K | $66K | — | View 990 |
| 2019 | $405K | $518K | $584K | $40K | — | View 990 |
| 2018 | $961K | $441K | $723K | $67K | — | View 990 |
| 2017 | $300K | $292K | $181K | $45K | — | View 990 |
| 2016 | $321K | $287K | $149K | $21K | — | View 990 |
| 2015 | $152K | $133K | $94K | $905 | — | View 990 |
| 2015 | $297K | $334K | $76K | $2K | — | View 990 |
| 2014 | $250K | $306K | $119K | $8K | — | View 990 |
| 2013 | $348K | $280K | $174K | $8K | — | View 990 |
| 2012 | $229K | $261K | $106K | $8K | — | View 990 |
| 2011 | $365K | $282K | $133K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $508K, expenses of $584K, and assets of $416K (revenue -5.2% year-over-year).
- 2022: Revenue of $536K, expenses of $576K, and assets of $504K (revenue +7.8% year-over-year).
- 2021: Revenue of $497K, expenses of $525K, and assets of $547K (revenue +1.5% year-over-year).
- 2020: Revenue of $489K, expenses of $519K, and assets of $581K (revenue +20.9% year-over-year).
- 2019: Revenue of $405K, expenses of $518K, and assets of $584K (revenue -57.9% year-over-year).
- 2018: Revenue of $961K, expenses of $441K, and assets of $723K (revenue +219.9% year-over-year).
- 2017: Revenue of $300K, expenses of $292K, and assets of $181K (revenue -6.5% year-over-year).
- 2016: Revenue of $321K, expenses of $287K, and assets of $149K (revenue +110.9% year-over-year).
- 2015: Revenue of $152K, expenses of $133K, and assets of $94K (revenue -48.8% year-over-year).
- 2015: Revenue of $297K, expenses of $334K, and assets of $76K (revenue +18.8% year-over-year).
- 2014: Revenue of $250K, expenses of $306K, and assets of $119K (revenue -28.2% year-over-year).
- 2013: Revenue of $348K, expenses of $280K, and assets of $174K (revenue +52.3% year-over-year).
- 2012: Revenue of $229K, expenses of $261K, and assets of $106K (revenue -37.3% year-over-year).
- 2011: Revenue of $365K, expenses of $282K, and assets of $133K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catnap From The Heart Inc:
Data Sources and Methodology
This transparency report for Catnap From The Heart 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.