Franklin County Animal Shelter
Franklin County Animal Shelter maintains strong asset growth with zero reported officer compensation.
EIN: 10344891 · Farmington, ME · NTEE: D200 · Updated: 2026-03-28
Is Franklin County Animal Shelter Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franklin County Animal Shelter directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franklin County Animal Shelter
Franklin County Animal Shelter (EIN: 10344891) is a nonprofit organization based in Farmington, ME, classified under NTEE code D200. The organization reported total revenue of $662K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin County Animal Shelter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin County Animal Shelter is a small nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $415K |
| Total Expenses | $419K |
| Surplus / Deficit | $-3,087 |
| Total Assets | $3.2M |
| Total Liabilities | $523K |
| Net Assets | $2.7M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 16.1% |
| Months of Reserves | 92.8 months |
Financial Health Grade: B
In 2022, Franklin County Animal Shelter reported a deficit of $3K with expenses exceeding revenue, holds 92.8 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).
Financial Trends
Over 12 years of filings (2010–2022), Franklin County Animal Shelter's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -6.3% | +16.9% | +0.6% |
| 2021 | -19.4% | -1.3% | +22.1% |
| 2020 | +34.5% | -4.9% | +7.7% |
| 2019 | -19.4% | +6.6% | +1.2% |
| 2018 | +9.4% | -10.6% | +8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 0000 |
| IRS Ruling Date | 1977 |
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 Franklin County Animal Shelter 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: 80%
- fundraising: 10%
According to IRS 990 filings, Franklin County Animal Shelter allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong indicator of efficient use of funds at the top level.
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 Franklin County Animal Shelter's IRS 990 filings:
- Slight operational deficit in the most recent detailed filing (202212) where expenses ($418,523) exceeded revenue ($415,436).
Strengths
The following positive indicators were identified for Franklin County Animal Shelter:
- Consistent growth in assets, from $1,973,913 in 2012 to $3,286,748 currently.
- Zero reported officer compensation across all available filings, indicating highly efficient leadership costs.
- Strong history of IRS 990 filings (12 filings), demonstrating commitment to transparency and compliance.
- Healthy asset-to-revenue ratio, suggesting strong financial reserves and long-term sustainability.
Frequently Asked Questions about Franklin County Animal Shelter
Is Franklin County Animal Shelter a legitimate charity?
Based on AI analysis of IRS 990 filings, Franklin County Animal Shelter (EIN: 10344891) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Franklin County Animal Shelter spend its money?
Franklin County Animal Shelter directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Franklin County Animal Shelter tax-deductible?
Franklin County Animal Shelter is registered as a tax-exempt nonprofit (EIN: 10344891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Franklin County Animal Shelter financially stable?
Yes, the organization appears financially stable. Its assets have grown from $1,973,913 in 2012 to $3,286,748 currently, significantly exceeding its annual revenue and expenses. While the 202212 period showed a slight deficit ($415,436 revenue vs. $418,523 expenses), this is an isolated instance within a trend of overall asset growth.
How does Franklin County Animal Shelter manage executive compensation?
Franklin County Animal Shelter consistently reports 0% for officer compensation across all available IRS 990 filings. This suggests a highly efficient and potentially volunteer-led executive structure, minimizing overhead costs at the top.
Has the organization's financial health improved over the last decade?
Yes, the organization's financial health has improved. Total assets have increased by over $1.3 million from $1,973,913 in 2012 to $3,286,748 currently, demonstrating significant growth in its financial reserves and capacity.
Filing History
IRS 990 filing history for Franklin County Animal Shelter showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2022), Franklin County Animal Shelter's revenue has declined by 23.3%, moving from $541K to $415K. Total assets increased by 60% over the same period, from $2.0M to $3.2M. Total functional expenses rose by 33.9%, from $313K to $419K. In its most recent filing year (2022), Franklin County Animal Shelter reported a deficit of $3K, with expenses exceeding revenue. The organization holds $523K in liabilities against $3.2M in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $415K | $419K | $3.2M | $523K | — | View 990 |
| 2021 | $443K | $358K | $3.2M | $499K | — | View 990 |
| 2020 | $550K | $363K | $2.6M | $1K | — | View 990 |
| 2019 | $409K | $381K | $2.4M | $1K | — | View 990 |
| 2018 | $507K | $358K | $2.4M | $636 | — | View 990 |
| 2016 | $464K | $400K | $2.2M | $10K | — | View 990 |
| 2015 | $469K | $483K | $2.0M | $44K | — | View 990 |
| 2014 | $448K | $428K | $2.2M | $45K | — | View 990 |
| 2013 | $495K | $391K | $2.2M | $55K | — | View 990 |
| 2012 | $324K | $373K | $2.0M | $45K | — | View 990 |
| 2011 | $232K | $317K | $2.0M | $31K | — | View 990 |
| 2010 | $541K | $313K | $2.0M | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $415K, expenses of $419K, and assets of $3.2M (revenue -6.3% year-over-year).
- 2021: Revenue of $443K, expenses of $358K, and assets of $3.2M (revenue -19.4% year-over-year).
- 2020: Revenue of $550K, expenses of $363K, and assets of $2.6M (revenue +34.5% year-over-year).
- 2019: Revenue of $409K, expenses of $381K, and assets of $2.4M (revenue -19.4% year-over-year).
- 2018: Revenue of $507K, expenses of $358K, and assets of $2.4M (revenue +9.4% year-over-year).
- 2016: Revenue of $464K, expenses of $400K, and assets of $2.2M (revenue -1.0% year-over-year).
- 2015: Revenue of $469K, expenses of $483K, and assets of $2.0M (revenue +4.6% year-over-year).
- 2014: Revenue of $448K, expenses of $428K, and assets of $2.2M (revenue -9.5% year-over-year).
- 2013: Revenue of $495K, expenses of $391K, and assets of $2.2M (revenue +52.8% year-over-year).
- 2012: Revenue of $324K, expenses of $373K, and assets of $2.0M (revenue +39.6% year-over-year).
- 2011: Revenue of $232K, expenses of $317K, and assets of $2.0M (revenue -57.1% year-over-year).
- 2010: Revenue of $541K, expenses of $313K, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Franklin County Animal Shelter 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.