Greyhound Pets Of America
Greyhound Pets Of America shows consistent revenue growth and strong asset accumulation with no officer compensation.
EIN: 202307522 · N Branford, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $87K |
| Total Expenses | $57K |
| Program Spending | 85% |
| Net Assets | $73K |
| Transparency Score | 90/100 |
Is Greyhound Pets Of America Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greyhound Pets Of America directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greyhound Pets Of America
Greyhound Pets Of America (EIN: 202307522) is a nonprofit organization based in N Branford, CT. The organization reported total revenue of $87K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greyhound Pets Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greyhound Pets Of America is a micro nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $57K |
| Surplus / Deficit | +$30K |
| Total Assets | $73K |
| Net Assets | $73K |
| Operating Margin | 34.8% |
| Months of Reserves | 15.5 months |
Financial Health Grade: A
In 2023, Greyhound Pets Of America reported a surplus of $30K with revenue exceeding expenses, holds 15.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Greyhound Pets Of America's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | -4.9% | +70.9% |
| 2022 | +8.0% | -16.7% | +38.4% |
| 2021 | -18.7% | -33.9% | -14.8% |
| 2020 | +17.8% | +105.2% | -42.4% |
| 2019 | +7.2% | +25.9% | +35.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Greyhound Pets Of America with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Greyhound Pets Of America allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives, which is highly commendable for a nonprofit of its 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.
Strengths
The following positive indicators were identified for Greyhound Pets Of America:
- Consistent revenue growth, with latest revenue at $87,214.
- Strong asset accumulation, reaching $107,489 in latest period and $72,969 in 2023.
- Zero reported liabilities across all filing periods, indicating excellent financial solvency.
- 0% officer compensation, maximizing funds for programmatic use.
- Positive revenue-to-expense ratio in recent years, e.g., $86,893 revenue vs. $56,633 expenses in 2023.
Frequently Asked Questions about Greyhound Pets Of America
Is Greyhound Pets Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Greyhound Pets Of America (EIN: 202307522) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Greyhound Pets Of America spend its money?
Greyhound Pets Of America directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greyhound Pets Of America tax-deductible?
Greyhound Pets Of America is registered as a tax-exempt nonprofit (EIN: 202307522). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greyhound Pets Of America's spending goes to programs?
Greyhound Pets Of America directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Greyhound Pets Of America located?
Greyhound Pets Of America is headquartered in N Branford, Connecticut and files with the IRS under EIN 202307522.
How many years of IRS 990 filings does Greyhound Pets Of America have?
Greyhound Pets Of America has 13 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 $87K in total revenue.
Is Greyhound Pets Of America a good charity?
Based on its financial data, Greyhound Pets Of America appears to be a very good charity. It consistently reports zero liabilities, has shown strong revenue growth and asset accumulation in recent years (e.g., assets grew from $30,855 in 2021 to $72,969 in 2023), and notably pays no officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. While there were periods of deficit spending (e.g., 2020 expenses of $108,132 against revenue of $81,432), recent years show strong surpluses (e.g., 2023 revenue of $86,893 vs. expenses of $56,633), leading to a substantial increase in assets from $23,915 in 2017 to $72,969 in 2023.
What is the organization's approach to executive compensation?
Greyhound Pets Of America has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This means that no salaries are paid to its officers, allowing more funds to be directed towards its programs.
Filing History
IRS 990 filing history for Greyhound Pets Of America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greyhound Pets Of America's revenue has grown by 45.2%, moving from $60K to $87K. Total assets increased by 468.3% over the same period, from $13K to $73K. Total functional expenses fell by 17.2%, from $68K to $57K. In its most recent filing year (2023), Greyhound Pets Of America reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $87K | $57K | $73K | $0 | — | View 990 |
| 2022 | $71K | $60K | $43K | $0 | — | — |
| 2021 | $66K | $72K | $31K | $0 | — | — |
| 2020 | $81K | $108K | $36K | $0 | — | View 990 |
| 2019 | $69K | $53K | $63K | $0 | — | View 990 |
| 2018 | $64K | $42K | $47K | $0 | — | View 990 |
| 2017 | $45K | $50K | $24K | $0 | — | View 990 |
| 2016 | $35K | $38K | $29K | $0 | — | View 990 |
| 2015 | $37K | $35K | $32K | $0 | — | View 990 |
| 2014 | $27K | $24K | $30K | $0 | — | View 990 |
| 2013 | $34K | $28K | $27K | $0 | — | View 990 |
| 2012 | $48K | $40K | $21K | $0 | — | View 990 |
| 2011 | $60K | $68K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $87K, expenses of $57K, and assets of $73K (revenue +21.6% year-over-year).
- 2022: Revenue of $71K, expenses of $60K, and assets of $43K (revenue +8.0% year-over-year).
- 2021: Revenue of $66K, expenses of $72K, and assets of $31K (revenue -18.7% year-over-year).
- 2020: Revenue of $81K, expenses of $108K, and assets of $36K (revenue +17.8% year-over-year).
- 2019: Revenue of $69K, expenses of $53K, and assets of $63K (revenue +7.2% year-over-year).
- 2018: Revenue of $64K, expenses of $42K, and assets of $47K (revenue +42.6% year-over-year).
- 2017: Revenue of $45K, expenses of $50K, and assets of $24K (revenue +29.4% year-over-year).
- 2016: Revenue of $35K, expenses of $38K, and assets of $29K (revenue -5.9% year-over-year).
- 2015: Revenue of $37K, expenses of $35K, and assets of $32K (revenue +38.8% year-over-year).
- 2014: Revenue of $27K, expenses of $24K, and assets of $30K (revenue -21.4% year-over-year).
- 2013: Revenue of $34K, expenses of $28K, and assets of $27K (revenue -29.1% year-over-year).
- 2012: Revenue of $48K, expenses of $40K, and assets of $21K (revenue -19.8% year-over-year).
- 2011: Revenue of $60K, expenses of $68K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greyhound Pets Of America:
Data Sources and Methodology
This transparency report for Greyhound Pets Of America 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.