Greyhound Pet Adoptions Of Delaware
Greyhound Pet Adoptions Of Delaware consistently spends the majority of its budget on programs, despite operating at a deficit in recent years.
EIN: 161750056 · Bethany Beach, DE · Updated: 2026-03-28
About Greyhound Pet Adoptions Of Delaware
Greyhound Pet Adoptions Of Delaware (EIN: 161750056) is a nonprofit organization based in Bethany Beach, DE. The organization reported total revenue of $76K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greyhound Pet Adoptions Of Delaware'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 Greyhound Pet Adoptions Of Delaware 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Greyhound Pet Adoptions Of Delaware allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No officer compensation was reported in either the 202312 or 202212 filings, indicating that executive leadership is likely volunteer-based or compensated through other means, which is positive for a small organization of this 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 Greyhound Pet Adoptions Of Delaware's IRS 990 filings:
- Consistent operational deficits (Expenses exceeded Revenue in both 2022 and 2023 filings)
Strengths
The following positive indicators were identified for Greyhound Pet Adoptions Of Delaware:
- Strong program spending ratio (75% of expenses on programs)
- No reported officer compensation, indicating efficient use of funds for mission
- Growing asset base despite operational deficits (Assets increased from $88,233 to $100,696)
Frequently Asked Questions about Greyhound Pet Adoptions Of Delaware
Is Greyhound Pet Adoptions Of Delaware a good charity?
Yes, the organization appears to be a good charity, demonstrating a strong commitment to its mission with 75% of expenses dedicated to programs and no reported officer compensation. While it has operated at a deficit, its asset base has grown, suggesting careful management of resources.
How has the organization's financial health changed over the past two years?
The organization has consistently operated at a deficit, with expenses exceeding revenue in both 2022 and 2023. However, its assets have increased from $88,233 in 2022 to $100,696 currently, indicating some financial resilience despite the operational shortfalls.
What is the organization's approach to executive compensation?
Greyhound Pet Adoptions Of Delaware reported 0% officer compensation in both available filings, suggesting a volunteer-driven leadership model or that compensation is covered by other means, which is a positive sign for resource allocation.
Filing History
IRS 990 filing history for Greyhound Pet Adoptions Of Delaware showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Greyhound Pet Adoptions Of Delaware's revenue has grown by 42.3%, moving from $70K to $100K. Total assets decreased by 0.8% over the same period, from $88K to $87K. Total functional expenses fell by 9.4%, from $115K to $104K. In its most recent filing year (2023), Greyhound Pet Adoptions Of Delaware reported a deficit of $4K, with expenses exceeding revenue. The organization holds $6K in liabilities against $87K in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $81K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $104K | $87K | $6K | — | View 990 |
| 2022 | $70K | $115K | $88K | $3K | — | View 990 |
Data Sources and Methodology
This transparency report for Greyhound Pet Adoptions Of Delaware 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.