Friends Rescued Animals Network
Friends Rescued Animals Network shows substantial asset growth but inconsistent annual revenue and expense patterns.
EIN: 205319029 · Sisters, OR · NTEE: D40 · Updated: 2026-03-28
About Friends Rescued Animals Network
Friends Rescued Animals Network (EIN: 205319029) is a nonprofit organization based in Sisters, OR, classified under NTEE code D40. The organization reported total revenue of $665K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Rescued Animals Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Rescued Animals Network 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Friends Rescued Animals Network allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly favorable for direct program spending relative to the organization's size and mission.
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 Friends Rescued Animals Network's IRS 990 filings:
- Inconsistent revenue and expense patterns make financial forecasting and operational stability difficult to assess.
- Significant asset growth with relatively low expenses could indicate underutilization of funds for immediate program needs, depending on asset composition.
Strengths
The following positive indicators were identified for Friends Rescued Animals Network:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership compensation.
- Substantial and consistent asset growth over the past decade, from $301,741 in 2011 to $2,425,123 currently.
- Extremely low liabilities across all reported periods, demonstrating strong financial solvency and minimal debt.
- Strong potential for program spending efficiency given the low expense figures relative to assets in many years.
Frequently Asked Questions about Friends Rescued Animals Network
Why is there such a large discrepancy between revenue and expenses in some years, like 2022 (Revenue $425,570, Expenses $31,988)?
This could indicate significant one-time donations, large capital infusions, or a substantial portion of revenue being restricted for future use, rather than immediate operational spending. Further investigation into the nature of these revenues and how they are allocated would be beneficial.
How does the organization manage its operations with 0% reported officer compensation?
This suggests a reliance on volunteer leadership, pro-bono services, or that key management roles are compensated as staff rather than officers, which can be a highly efficient model for a nonprofit.
What is the primary use of the significant assets ($2,425,123) given the relatively low annual expenses?
The growing asset base, especially with low liabilities, could indicate a strong endowment, significant property holdings (e.g., an animal shelter or sanctuary), or funds being accumulated for a major future project. Understanding the composition of these assets is key.
Filing History
IRS 990 filing history for Friends Rescued Animals Network showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Friends Rescued Animals Network's revenue has declined by 76.5%, moving from $156K to $37K. Total assets increased by 1019.4% over the same period, from $174K to $1.9M. Total functional expenses rose by 6.9%, from $40K to $43K. In its most recent filing year (2023), Friends Rescued Animals Network reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $43K | $1.9M | $1 | — | — |
| 2022 | $426K | $32K | $2.0M | $1 | — | View 990 |
| 2021 | $165K | $21K | $1.6M | $1 | — | View 990 |
| 2020 | $162K | $21K | $1.4M | $1 | — | — |
| 2019 | $40K | $10K | $1.3M | $1K | — | View 990 |
| 2015 | $126K | $44K | $759K | $0 | — | View 990 |
| 2014 | $29K | $124K | $678K | $0 | — | View 990 |
| 2013 | $11K | $22K | $772K | $0 | — | View 990 |
| 2012 | $506K | $25K | $783K | $0 | — | View 990 |
| 2011 | $157K | $29K | $302K | $0 | — | View 990 |
| 2010 | $156K | $40K | $174K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $43K, and assets of $1.9M (revenue -91.4% year-over-year).
- 2022: Revenue of $426K, expenses of $32K, and assets of $2.0M (revenue +158.1% year-over-year).
- 2021: Revenue of $165K, expenses of $21K, and assets of $1.6M (revenue +1.8% year-over-year).
- 2020: Revenue of $162K, expenses of $21K, and assets of $1.4M (revenue +308.9% year-over-year).
- 2019: Revenue of $40K, expenses of $10K, and assets of $1.3M (revenue -68.6% year-over-year).
- 2015: Revenue of $126K, expenses of $44K, and assets of $759K (revenue +327.7% year-over-year).
- 2014: Revenue of $29K, expenses of $124K, and assets of $678K (revenue +156.9% year-over-year).
- 2013: Revenue of $11K, expenses of $22K, and assets of $772K (revenue -97.7% year-over-year).
- 2012: Revenue of $506K, expenses of $25K, and assets of $783K (revenue +222.5% year-over-year).
- 2011: Revenue of $157K, expenses of $29K, and assets of $302K (revenue +0.3% year-over-year).
- 2010: Revenue of $156K, expenses of $40K, and assets of $174K.
Data Sources and Methodology
This transparency report for Friends Rescued Animals Network 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.