Greyhound Pets Of America
Greyhound Pets Of America operates with no officer compensation, experiencing fluctuating revenues and a decline in assets over recent years.
EIN: 20424800 · Milton Mills, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $12K |
| Program Spending | 90% |
| Net Assets | $34K |
| Transparency Score | 85/100 |
Is Greyhound Pets Of America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greyhound Pets Of America directs 90% 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: 20424800) is a nonprofit organization based in Milton Mills, NH. The organization reported total revenue of $24K and total assets of $43K 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 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $12K |
| Surplus / Deficit | +$540 |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | 4.5% |
| Months of Reserves | 34.9 months |
Financial Health Grade: A
In 2023, Greyhound Pets Of America reported a surplus of $540 with revenue exceeding expenses, holds 34.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Greyhound Pets Of America's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -105.3% | -45.1% | -41.3% |
| 2021 | +37.8% | -24.7% | +8.9% |
| 2020 | +19.2% | +57.5% | -27.6% |
| 2019 | +24.6% | +29.4% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 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: 90%
- fundraising: 0%
According to IRS 990 filings, Greyhound Pets Of America allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $540, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-led at the executive level, which is highly commendable for an organization 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.
Red Flags
The following concerns were identified during AI analysis of Greyhound Pets Of America's IRS 990 filings:
- Significant year-to-year revenue volatility, including negative revenue in 2022
- Consistent decline in total assets from 2017 ($81,297) to 2023 ($33,534), suggesting reliance on reserves to cover expenses
Strengths
The following positive indicators were identified for Greyhound Pets Of America:
- Zero officer compensation across all reported periods, indicating a volunteer-led executive team
- Consistently reports zero liabilities, demonstrating sound debt management
- Positive net income in the most recent filing (202312: Revenue=$12,081, Expenses=$11,541)
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: 20424800) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Greyhound Pets Of America spend its money?
Greyhound Pets Of America directs 90% 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: 20424800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greyhound Pets Of America located?
Greyhound Pets Of America is headquartered in Milton Mills, New Hampshire and files with the IRS under EIN 20424800.
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 $24K in total revenue.
Is Greyhound Pets Of America a good charity?
Based on the available data, Greyhound Pets Of America appears to be a good charity, particularly due to its volunteer-led executive team (0% officer compensation) and consistent reporting of zero liabilities. While its financial stability has fluctuated, with some years showing deficits and a decline in assets, its commitment to its mission without paid executive staff is a strong positive indicator.
Why did assets decline from $81,297 in 2017 to $33,534 in 2023?
The decline in assets is likely due to several years where expenses exceeded revenue, such as in 2022 ($-2,260 revenue vs. $20,929 expenses) and 2020 ($30,986 revenue vs. $50,608 expenses). The organization appears to have drawn down its reserves to cover operational costs during these periods.
What caused the negative revenue in 2022?
The negative revenue of $-2,260 in 2022 is unusual and could indicate a reporting error, significant returns/refunds exceeding new contributions, or a specific accounting adjustment. Without more detailed financial statements, the exact cause cannot be determined from the summary data.
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 declined by 75.8%, moving from $50K to $12K. Total assets decreased by 48.1% over the same period, from $65K to $34K. Total functional expenses fell by 78.8%, from $54K to $12K. In its most recent filing year (2023), Greyhound Pets Of America reported a surplus of $540, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $12K | $34K | $0 | — | View 990 |
| 2022 | $-2,260 | $21K | $33K | $0 | — | View 990 |
| 2021 | $43K | $38K | $56K | $0 | — | — |
| 2020 | $31K | $51K | $52K | $0 | — | — |
| 2019 | $26K | $32K | $71K | $0 | — | View 990 |
| 2018 | $21K | $25K | $77K | $0 | — | View 990 |
| 2017 | $22K | $22K | $81K | $0 | — | View 990 |
| 2016 | $25K | $18K | $81K | $0 | — | View 990 |
| 2015 | $20K | $19K | $74K | $0 | — | View 990 |
| 2014 | $30K | $29K | $74K | $0 | — | View 990 |
| 2013 | $37K | $33K | $72K | $0 | — | View 990 |
| 2012 | $54K | $50K | $68K | $0 | — | View 990 |
| 2011 | $50K | $54K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $12K, and assets of $34K.
- 2022: Revenue of $-2,260, expenses of $21K, and assets of $33K (revenue -105.3% year-over-year).
- 2021: Revenue of $43K, expenses of $38K, and assets of $56K (revenue +37.8% year-over-year).
- 2020: Revenue of $31K, expenses of $51K, and assets of $52K (revenue +19.2% year-over-year).
- 2019: Revenue of $26K, expenses of $32K, and assets of $71K (revenue +24.6% year-over-year).
- 2018: Revenue of $21K, expenses of $25K, and assets of $77K (revenue -4.5% year-over-year).
- 2017: Revenue of $22K, expenses of $22K, and assets of $81K (revenue -11.3% year-over-year).
- 2016: Revenue of $25K, expenses of $18K, and assets of $81K (revenue +24.9% year-over-year).
- 2015: Revenue of $20K, expenses of $19K, and assets of $74K (revenue -34.5% year-over-year).
- 2014: Revenue of $30K, expenses of $29K, and assets of $74K (revenue -17.8% year-over-year).
- 2013: Revenue of $37K, expenses of $33K, and assets of $72K (revenue -32.2% year-over-year).
- 2012: Revenue of $54K, expenses of $50K, and assets of $68K (revenue +8.4% year-over-year).
- 2011: Revenue of $50K, expenses of $54K, and assets of $65K.
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.