Closter Animal Welfare Society
EIN: 237060588 · Closter, NJ · NTEE: D200
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $193K |
| Net Assets | $421K |
Is Closter Animal Welfare Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Closter Animal Welfare Society
Closter Animal Welfare Society (EIN: 237060588) is a nonprofit organization based in Closter, NJ, classified under NTEE code D200. The organization reported total revenue of $215K and total assets of $454K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Closter Animal Welfare Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Closter Animal Welfare Society is a small nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $260K |
| Total Expenses | $193K |
| Surplus / Deficit | +$67K |
| Total Assets | $431K |
| Total Liabilities | $10K |
| Net Assets | $421K |
| Operating Margin | 25.9% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 26.9 months |
Financial Health Grade: A
In 2023, Closter Animal Welfare Society reported a surplus of $67K with revenue exceeding expenses, holds 26.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Closter Animal Welfare Society's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.9% | +19.6% | +16.5% |
| 2022 | -13.7% | -5.1% | +9.8% |
| 2021 | +5.1% | -18.6% | +21.0% |
| 2020 | -3.4% | +25.3% | +3.6% |
| 2019 | +15.5% | +14.0% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Closter Animal Welfare Society 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 Closter Animal Welfare Society 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 surplus of $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Closter Animal Welfare Society
Is Closter Animal Welfare Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Closter Animal Welfare Society (EIN: 237060588) insufficient data. 0 red flags identified, 0 strengths noted.
How does Closter Animal Welfare Society spend its money?
Detailed spending breakdown data is not yet available for Closter Animal Welfare Society. Check back for updated IRS 990 analysis.
Are donations to Closter Animal Welfare Society tax-deductible?
Closter Animal Welfare Society is registered as a tax-exempt nonprofit (EIN: 237060588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Closter Animal Welfare Society located?
Closter Animal Welfare Society is headquartered in Closter, New Jersey and files with the IRS under EIN 237060588. It is classified under NTEE code D200.
How many years of IRS 990 filings does Closter Animal Welfare Society have?
Closter Animal Welfare Society 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 $215K in total revenue.
Filing History
IRS 990 filing history for Closter Animal Welfare Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Closter Animal Welfare Society's revenue has grown by 269.3%, moving from $70K to $260K. Total assets increased by 78% over the same period, from $242K to $431K. Total functional expenses rose by 41.7%, from $136K to $193K. In its most recent filing year (2023), Closter Animal Welfare Society reported a surplus of $67K, with revenue exceeding expenses. The organization holds $10K in liabilities against $431K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $421K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $260K | $193K | $431K | $10K | — | — |
| 2022 | $193K | $161K | $370K | $16K | — | — |
| 2021 | $223K | $170K | $337K | $15K | — | View 990 |
| 2020 | $212K | $209K | $279K | $10K | — | — |
| 2019 | $220K | $167K | $269K | $4K | — | View 990 |
| 2018 | $190K | $146K | $225K | $13K | — | View 990 |
| 2017 | $165K | $151K | $181K | $14K | — | View 990 |
| 2016 | $152K | $171K | $164K | $11K | — | View 990 |
| 2015 | $146K | $160K | $184K | $14K | — | View 990 |
| 2014 | $143K | $156K | $199K | $10K | — | View 990 |
| 2013 | $131K | $143K | $213K | $14K | — | View 990 |
| 2012 | $91K | $111K | $223K | $6K | — | View 990 |
| 2011 | $70K | $136K | $242K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $260K, expenses of $193K, and assets of $431K (revenue +34.9% year-over-year).
- 2022: Revenue of $193K, expenses of $161K, and assets of $370K (revenue -13.7% year-over-year).
- 2021: Revenue of $223K, expenses of $170K, and assets of $337K (revenue +5.1% year-over-year).
- 2020: Revenue of $212K, expenses of $209K, and assets of $279K (revenue -3.4% year-over-year).
- 2019: Revenue of $220K, expenses of $167K, and assets of $269K (revenue +15.5% year-over-year).
- 2018: Revenue of $190K, expenses of $146K, and assets of $225K (revenue +15.4% year-over-year).
- 2017: Revenue of $165K, expenses of $151K, and assets of $181K (revenue +8.9% year-over-year).
- 2016: Revenue of $152K, expenses of $171K, and assets of $164K (revenue +4.1% year-over-year).
- 2015: Revenue of $146K, expenses of $160K, and assets of $184K (revenue +1.6% year-over-year).
- 2014: Revenue of $143K, expenses of $156K, and assets of $199K (revenue +9.3% year-over-year).
- 2013: Revenue of $131K, expenses of $143K, and assets of $213K (revenue +44.6% year-over-year).
- 2012: Revenue of $91K, expenses of $111K, and assets of $223K (revenue +28.7% year-over-year).
- 2011: Revenue of $70K, expenses of $136K, and assets of $242K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Closter Animal Welfare Society:
Data Sources and Methodology
This transparency report for Closter Animal Welfare Society 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.