Ferret Dreams Rescue & Adoption
EIN: 611555041 · Denver, CO · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $317K |
| Net Assets | $110K |
Is Ferret Dreams Rescue & Adoption Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ferret Dreams Rescue & Adoption
Ferret Dreams Rescue & Adoption (EIN: 611555041) is a nonprofit organization based in Denver, CO, classified under NTEE code D20. The organization reported total revenue of $190K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ferret Dreams Rescue & Adoption's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ferret Dreams Rescue & Adoption is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $317K |
| Surplus / Deficit | $-168,320 |
| Total Assets | $110K |
| Net Assets | $110K |
| Operating Margin | -113.0% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2023, Ferret Dreams Rescue & Adoption reported a deficit of $168K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2013–2023), Ferret Dreams Rescue & Adoption's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.6% | +1012.5% | -45.4% |
| 2022 | +41.5% | -74.9% | +9.2% |
| 2020 | +35.5% | +16.3% | +11.6% |
| 2019 | -19.4% | +29.8% | +0.2% |
| 2018 | +49.0% | +43.3% | +38.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ferret Dreams Rescue & Adoption 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 Ferret Dreams Rescue & Adoption 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 $168K, with expenses exceeding revenue.
Frequently Asked Questions about Ferret Dreams Rescue & Adoption
Is Ferret Dreams Rescue & Adoption a legitimate charity?
Ferret Dreams Rescue & Adoption (EIN: 611555041) is a registered tax-exempt nonprofit based in Colorado. It has 10 years of IRS 990 filings on record. Total revenue: $190K. No red flags identified. Financial health grade: B.
How does Ferret Dreams Rescue & Adoption spend its money?
Ferret Dreams Rescue & Adoption reported $190K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ferret Dreams Rescue & Adoption tax-deductible?
Ferret Dreams Rescue & Adoption is registered as a tax-exempt nonprofit (EIN: 611555041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ferret Dreams Rescue & Adoption located?
Ferret Dreams Rescue & Adoption is headquartered in Denver, Colorado and files with the IRS under EIN 611555041. It is classified under NTEE code D20.
How many years of IRS 990 filings does Ferret Dreams Rescue & Adoption have?
Ferret Dreams Rescue & Adoption 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. The most recent filing shows $190K in total revenue.
Filing History
IRS 990 filing history for Ferret Dreams Rescue & Adoption showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Ferret Dreams Rescue & Adoption's revenue has grown by 178.6%, moving from $53K to $149K. Total assets increased by 96.8% over the same period, from $56K to $110K. Total functional expenses rose by 798.9%, from $35K to $317K. In its most recent filing year (2023), Ferret Dreams Rescue & Adoption reported a deficit of $168K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $317K | $110K | $0 | — | View 990 |
| 2022 | $188K | $29K | $202K | $0 | — | View 990 |
| 2020 | $133K | $113K | $185K | $0 | — | View 990 |
| 2019 | $98K | $98K | $166K | $0 | — | — |
| 2018 | $121K | $75K | $165K | $0 | — | View 990 |
| 2017 | $81K | $52K | $119K | $0 | — | View 990 |
| 2016 | $59K | $47K | $90K | $0 | — | View 990 |
| 2015 | $59K | $53K | $82K | $0 | — | View 990 |
| 2014 | $58K | $43K | $71K | $0 | — | View 990 |
| 2013 | $53K | $35K | $56K | $391 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $317K, and assets of $110K (revenue -20.6% year-over-year).
- 2022: Revenue of $188K, expenses of $29K, and assets of $202K (revenue +41.5% year-over-year).
- 2020: Revenue of $133K, expenses of $113K, and assets of $185K (revenue +35.5% year-over-year).
- 2019: Revenue of $98K, expenses of $98K, and assets of $166K (revenue -19.4% year-over-year).
- 2018: Revenue of $121K, expenses of $75K, and assets of $165K (revenue +49.0% year-over-year).
- 2017: Revenue of $81K, expenses of $52K, and assets of $119K (revenue +38.9% year-over-year).
- 2016: Revenue of $59K, expenses of $47K, and assets of $90K (revenue -1.1% year-over-year).
- 2015: Revenue of $59K, expenses of $53K, and assets of $82K (revenue +2.0% year-over-year).
- 2014: Revenue of $58K, expenses of $43K, and assets of $71K (revenue +8.7% year-over-year).
- 2013: Revenue of $53K, expenses of $35K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ferret Dreams Rescue & Adoption:
Data Sources and Methodology
This transparency report for Ferret Dreams Rescue & Adoption 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.