Fabulous Felines Inc
Fabulous Felines Inc. shows historical financial stability with no officer compensation, but current filing reports zero revenue and assets.
EIN: 205032543 · Albuquerque, NM · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $35K |
| Program Spending | 85% |
| Net Assets | $51K |
| Transparency Score | 85/100 |
Is Fabulous Felines Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fabulous Felines Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fabulous Felines Inc
Fabulous Felines Inc (EIN: 205032543) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code D20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fabulous Felines Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fabulous Felines Inc is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $35K |
| Surplus / Deficit | $-200 |
| Total Assets | $51K |
| Net Assets | $51K |
| Operating Margin | -0.6% |
| Months of Reserves | 17.7 months |
Financial Health Grade: B
In 2020, Fabulous Felines Inc reported a deficit of $200 with expenses exceeding revenue, holds 17.7 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Fabulous Felines Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -11.6% | -12.0% | +0.4% |
| 2019 | -5.6% | +27.0% | -0.7% |
| 2018 | -31.5% | -31.1% | +25.0% |
| 2017 | +14.2% | +32.9% | +59.0% |
| 2016 | +43.6% | -3.1% | +272.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1400 |
| 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 Fabulous Felines Inc with a Mission Score of 85 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, Fabulous Felines Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $200, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries, which is highly commendable for an organization of its size.
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 Fabulous Felines Inc's IRS 990 filings:
- Latest filing reports $0 revenue and $0 assets, indicating a potential cessation of operations or a significant reporting anomaly.
- No detailed breakdown of expenses (program, admin, fundraising) available in the provided summary data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for Fabulous Felines Inc:
- Consistent reporting of 0% officer compensation across all historical filings, indicating a volunteer-driven model.
- Maintained positive assets and zero liabilities for a decade, demonstrating financial prudence.
- Asset base grew from $8,807 in 2011 to $51,309 in 2020, showing financial growth over time.
- Stable revenue and expense levels for a small nonprofit over a long period.
Frequently Asked Questions about Fabulous Felines Inc
Is Fabulous Felines Inc a legitimate charity?
Fabulous Felines Inc (EIN: 205032543) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Fabulous Felines Inc spend its money?
Fabulous Felines Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fabulous Felines Inc tax-deductible?
Fabulous Felines Inc is registered as a tax-exempt nonprofit (EIN: 205032543). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fabulous Felines Inc's spending goes to programs?
Fabulous Felines Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fabulous Felines Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fabulous Felines 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 Fabulous Felines Inc located?
Fabulous Felines Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 205032543. It is classified under NTEE code D20.
How many years of IRS 990 filings does Fabulous Felines Inc have?
Fabulous Felines Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Fabulous Felines Inc. currently operational?
The latest filing showing $0 in revenue and assets raises concerns about its current operational status, despite a decade of consistent activity prior to that.
How does the organization fund its operations without officer compensation?
The organization appears to be entirely volunteer-run, with all reported expenses likely going towards program services and administrative costs, rather than salaries.
What caused the significant drop to $0 revenue and assets in the latest filing?
This is a critical unanswered question. It could be an error, a change in reporting, or an indication that the organization has ceased operations or is in a dormant state.
Filing History
IRS 990 filing history for Fabulous Felines Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Fabulous Felines Inc's revenue has grown by 17.2%, moving from $29K to $35K. Total assets increased by 482.6% over the same period, from $9K to $51K. Total functional expenses rose by 52.1%, from $23K to $35K. In its most recent filing year (2020), Fabulous Felines Inc reported a deficit of $200, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $35K | $35K | $51K | $0 | — | View 990 |
| 2019 | $39K | $39K | $51K | $0 | — | View 990 |
| 2018 | $41K | $31K | $51K | $0 | — | View 990 |
| 2017 | $60K | $45K | $41K | $0 | — | View 990 |
| 2016 | $53K | $34K | $26K | $0 | — | View 990 |
| 2015 | $37K | $35K | $7K | $0 | — | View 990 |
| 2014 | $35K | $37K | $5K | $0 | — | View 990 |
| 2013 | $27K | $25K | $8K | $0 | — | View 990 |
| 2012 | $28K | $31K | $5K | $0 | — | View 990 |
| 2011 | $29K | $23K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $35K, expenses of $35K, and assets of $51K (revenue -11.6% year-over-year).
- 2019: Revenue of $39K, expenses of $39K, and assets of $51K (revenue -5.6% year-over-year).
- 2018: Revenue of $41K, expenses of $31K, and assets of $51K (revenue -31.5% year-over-year).
- 2017: Revenue of $60K, expenses of $45K, and assets of $41K (revenue +14.2% year-over-year).
- 2016: Revenue of $53K, expenses of $34K, and assets of $26K (revenue +43.6% year-over-year).
- 2015: Revenue of $37K, expenses of $35K, and assets of $7K (revenue +6.3% year-over-year).
- 2014: Revenue of $35K, expenses of $37K, and assets of $5K (revenue +27.6% year-over-year).
- 2013: Revenue of $27K, expenses of $25K, and assets of $8K (revenue -2.4% year-over-year).
- 2012: Revenue of $28K, expenses of $31K, and assets of $5K (revenue -5.6% year-over-year).
- 2011: Revenue of $29K, expenses of $23K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fabulous Felines Inc:
Data Sources and Methodology
This transparency report for Fabulous Felines 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.