Friends Of@Miami Animals Foundation Inc
EIN: 814578892 · Miami, FL · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $608K |
| Total Expenses | $234K |
| Net Assets | $227K |
Is Friends Of@Miami Animals Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of@Miami Animals Foundation Inc
Friends Of@Miami Animals Foundation Inc (EIN: 814578892) is a nonprofit organization based in Miami, FL, classified under NTEE code D20. The organization reported total revenue of $608K and total assets of $632K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of@Miami Animals Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of@Miami Animals Foundation Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $218K |
| Total Expenses | $234K |
| Surplus / Deficit | $-15,516 |
| Total Assets | $232K |
| Total Liabilities | $4K |
| Net Assets | $227K |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 11.9 months |
Financial Health Grade: B
In 2022, Friends Of@Miami Animals Foundation Inc reported a deficit of $16K with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 7 years of filings (2016–2022), Friends Of@Miami Animals Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +36.9% | -64.9% | -8.7% |
| 2021 | -79.1% | +61.1% | -66.6% |
| 2020 | +156.9% | +192.8% | +88.1% |
| 2019 | +89.3% | +261.7% | +67.3% |
| 2018 | +234.5% | -58.0% | +128.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of@Miami Animals Foundation 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 Friends Of@Miami Animals Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Friends Of@Miami Animals Foundation Inc
Is Friends Of@Miami Animals Foundation Inc a legitimate charity?
Friends Of@Miami Animals Foundation Inc (EIN: 814578892) is a registered tax-exempt nonprofit based in Florida. It has 7 years of IRS 990 filings on record. Total revenue: $608K. No red flags identified. Financial health grade: B.
How does Friends Of@Miami Animals Foundation Inc spend its money?
Friends Of@Miami Animals Foundation Inc reported $608K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of@Miami Animals Foundation Inc tax-deductible?
Friends Of@Miami Animals Foundation Inc is registered as a tax-exempt nonprofit (EIN: 814578892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of@Miami Animals Foundation Inc located?
Friends Of@Miami Animals Foundation Inc is headquartered in Miami, Florida and files with the IRS under EIN 814578892. It is classified under NTEE code D20.
How many years of IRS 990 filings does Friends Of@Miami Animals Foundation Inc have?
Friends Of@Miami Animals Foundation Inc has 7 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 $608K in total revenue.
Filing History
IRS 990 filing history for Friends Of@Miami Animals Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Friends Of@Miami Animals Foundation Inc's revenue has grown by 118.5%, moving from $100K to $218K. Total assets increased by 131.6% over the same period, from $100K to $232K. In its most recent filing year (2022), Friends Of@Miami Animals Foundation Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $4K in liabilities against $232K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $227K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $218K | $234K | $232K | $4K | — | View 990 |
| 2021 | $160K | $667K | $253K | $0 | — | View 990 |
| 2020 | $764K | $414K | $760K | $0 | — | — |
| 2019 | $297K | $141K | $404K | $0 | — | View 990 |
| 2018 | $157K | $39K | $241K | $0 | — | View 990 |
| 2017 | $47K | $93K | $105K | $0 | — | View 990 |
| 2016 | $100K | $0 | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $218K, expenses of $234K, and assets of $232K (revenue +36.9% year-over-year).
- 2021: Revenue of $160K, expenses of $667K, and assets of $253K (revenue -79.1% year-over-year).
- 2020: Revenue of $764K, expenses of $414K, and assets of $760K (revenue +156.9% year-over-year).
- 2019: Revenue of $297K, expenses of $141K, and assets of $404K (revenue +89.3% year-over-year).
- 2018: Revenue of $157K, expenses of $39K, and assets of $241K (revenue +234.5% year-over-year).
- 2017: Revenue of $47K, expenses of $93K, and assets of $105K (revenue -53.0% year-over-year).
- 2016: Revenue of $100K, expenses of $0, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of@Miami Animals Foundation Inc:
Data Sources and Methodology
This transparency report for Friends Of@Miami Animals Foundation 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.