Homeward Bound Cat Adoptions
EIN: 260569097 · Las Vegas, NV · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $512K |
| Total Expenses | $532K |
| Net Assets | $-104,944 |
Is Homeward Bound Cat Adoptions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Homeward Bound Cat Adoptions
Homeward Bound Cat Adoptions (EIN: 260569097) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code D20. The organization reported total revenue of $512K and total assets of $135K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homeward Bound Cat Adoptions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homeward Bound Cat Adoptions is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $465K |
| Total Expenses | $532K |
| Surplus / Deficit | $-66,662 |
| Total Assets | $118K |
| Total Liabilities | $223K |
| Net Assets | $-104,944 |
| Operating Margin | -14.3% |
| Debt-to-Asset Ratio | 188.9% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2023, Homeward Bound Cat Adoptions reported a deficit of $67K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 188.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Homeward Bound Cat Adoptions's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.6% | +30.0% | -11.6% |
| 2022 | -3.8% | -5.5% | -19.8% |
| 2021 | +10.5% | +5.9% | -21.0% |
| 2020 | -1.6% | +46.7% | +116.4% |
| 2019 | +173.3% | +112.0% | +2289.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1400 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Homeward Bound Cat Adoptions 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 Homeward Bound Cat Adoptions 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 188.9%.
Frequently Asked Questions about Homeward Bound Cat Adoptions
Is Homeward Bound Cat Adoptions a legitimate charity?
Homeward Bound Cat Adoptions (EIN: 260569097) is a registered tax-exempt nonprofit based in Nevada. It has 13 years of IRS 990 filings on record. Total revenue: $512K. No red flags identified. Financial health grade: D.
How does Homeward Bound Cat Adoptions spend its money?
Homeward Bound Cat Adoptions reported $512K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Homeward Bound Cat Adoptions tax-deductible?
Homeward Bound Cat Adoptions is registered as a tax-exempt nonprofit (EIN: 260569097). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Homeward Bound Cat Adoptions located?
Homeward Bound Cat Adoptions is headquartered in Las Vegas, Nevada and files with the IRS under EIN 260569097. It is classified under NTEE code D20.
How many years of IRS 990 filings does Homeward Bound Cat Adoptions have?
Homeward Bound Cat Adoptions 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 $512K in total revenue.
Filing History
IRS 990 filing history for Homeward Bound Cat Adoptions showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Homeward Bound Cat Adoptions's revenue has grown by 743.1%, moving from $55K to $465K. Total assets increased by 35902.4% over the same period, from $328 to $118K. Total functional expenses rose by 860.9%, from $55K to $532K. In its most recent filing year (2023), Homeward Bound Cat Adoptions reported a deficit of $67K, with expenses exceeding revenue. The organization holds $223K in liabilities against $118K in assets (debt-to-asset ratio: 188.9%), resulting in net assets of $-104,944.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $465K | $532K | $118K | $223K | — | — |
| 2022 | $377K | $409K | $134K | $172K | — | View 990 |
| 2021 | $392K | $433K | $167K | $172K | — | View 990 |
| 2020 | $354K | $409K | $211K | $180K | — | — |
| 2019 | $360K | $279K | $97K | $12K | — | View 990 |
| 2018 | $132K | $131K | $4K | $0 | — | View 990 |
| 2017 | $82K | $78K | $4K | $0 | — | View 990 |
| 2016 | $74K | $75K | $447 | $0 | — | View 990 |
| 2015 | $70K | $70K | $2K | $0 | — | View 990 |
| 2014 | $59K | $61K | $737 | $0 | — | View 990 |
| 2013 | $89K | $87K | $3K | $0 | — | View 990 |
| 2012 | $69K | $68K | $1K | $0 | — | View 990 |
| 2011 | $55K | $55K | $328 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $465K, expenses of $532K, and assets of $118K (revenue +23.6% year-over-year).
- 2022: Revenue of $377K, expenses of $409K, and assets of $134K (revenue -3.8% year-over-year).
- 2021: Revenue of $392K, expenses of $433K, and assets of $167K (revenue +10.5% year-over-year).
- 2020: Revenue of $354K, expenses of $409K, and assets of $211K (revenue -1.6% year-over-year).
- 2019: Revenue of $360K, expenses of $279K, and assets of $97K (revenue +173.3% year-over-year).
- 2018: Revenue of $132K, expenses of $131K, and assets of $4K (revenue +61.4% year-over-year).
- 2017: Revenue of $82K, expenses of $78K, and assets of $4K (revenue +10.8% year-over-year).
- 2016: Revenue of $74K, expenses of $75K, and assets of $447 (revenue +4.8% year-over-year).
- 2015: Revenue of $70K, expenses of $70K, and assets of $2K (revenue +18.5% year-over-year).
- 2014: Revenue of $59K, expenses of $61K, and assets of $737 (revenue -33.1% year-over-year).
- 2013: Revenue of $89K, expenses of $87K, and assets of $3K (revenue +28.0% year-over-year).
- 2012: Revenue of $69K, expenses of $68K, and assets of $1K (revenue +25.6% year-over-year).
- 2011: Revenue of $55K, expenses of $55K, and assets of $328.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homeward Bound Cat Adoptions:
Data Sources and Methodology
This transparency report for Homeward Bound Cat Adoptions 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.