Kearney Area Animal Shelter Inc
Kearney Area Animal Shelter Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 201231396 · Kearney, NE · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $548K |
| Program Spending | 85% |
| Net Assets | $1.3M |
| Transparency Score | 90/100 |
Is Kearney Area Animal Shelter Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kearney Area Animal Shelter Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kearney Area Animal Shelter Inc
Kearney Area Animal Shelter Inc (EIN: 201231396) is a nonprofit organization based in Kearney, NE, classified under NTEE code D20. The organization reported total revenue of $1.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kearney Area Animal Shelter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kearney Area Animal Shelter Inc is a mid-size nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $613K |
| Total Expenses | $548K |
| Surplus / Deficit | +$64K |
| Total Assets | $1.4M |
| Total Liabilities | $84K |
| Net Assets | $1.3M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 6.1% |
| Months of Reserves | 30.2 months |
Financial Health Grade: A
In 2022, Kearney Area Animal Shelter Inc reported a surplus of $64K with revenue exceeding expenses, holds 30.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Kearney Area Animal Shelter Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -25.8% | +3.8% | +4.8% |
| 2021 | +33.7% | -17.8% | +27.7% |
| 2020 | +32.8% | +11.1% | +5.9% |
| 2019 | +44.0% | +22.9% | -10.5% |
| 2018 | -1.5% | +10.2% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2004 |
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 Kearney Area Animal Shelter Inc 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, Kearney Area Animal Shelter Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which significantly reduces administrative overhead and maximizes funds available for programs.
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 Kearney Area Animal Shelter Inc:
- Strong revenue growth, with latest revenue at $1,266,655 significantly higher than previous years.
- Consistent asset growth, reaching $1,380,111 in 2022.
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Low liabilities relative to assets, suggesting a healthy balance sheet and minimal financial risk.
- Positive net income in recent years (e.g., $612,561 revenue vs. $548,133 expenses in 2022).
Frequently Asked Questions about Kearney Area Animal Shelter Inc
Is Kearney Area Animal Shelter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kearney Area Animal Shelter Inc (EIN: 201231396) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Kearney Area Animal Shelter Inc spend its money?
Kearney Area Animal Shelter Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kearney Area Animal Shelter Inc tax-deductible?
Kearney Area Animal Shelter Inc is registered as a tax-exempt nonprofit (EIN: 201231396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kearney Area Animal Shelter Inc's spending goes to programs?
Kearney Area Animal Shelter Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kearney Area Animal Shelter Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Kearney Area Animal Shelter Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kearney Area Animal Shelter Inc located?
Kearney Area Animal Shelter Inc is headquartered in Kearney, Nebraska and files with the IRS under EIN 201231396. It is classified under NTEE code D20.
How many years of IRS 990 filings does Kearney Area Animal Shelter Inc have?
Kearney Area Animal Shelter Inc has 12 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 $1.3M in total revenue.
Is Kearney Area Animal Shelter Inc a good charity?
Based on the available data, Kearney Area Animal Shelter Inc appears to be a good charity. It demonstrates strong financial health with growing assets and revenue, maintains low liabilities, and notably reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent asset growth from $1,553,447 in 2013 to $1,380,111 in 2022 (with a dip in between but a strong recovery), and revenue has significantly increased from $283,953 in 2013 to $1,266,655 most recently, indicating robust financial improvement and sustainability.
What is the organization's approach to executive compensation?
Kearney Area Animal Shelter Inc reports 0% officer compensation in all available filings, indicating that its executive leadership serves on a volunteer basis, which is a strong positive for resource allocation efficiency.
Filing History
IRS 990 filing history for Kearney Area Animal Shelter Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Kearney Area Animal Shelter Inc's revenue has grown by 64.6%, moving from $372K to $613K. Total assets decreased by 20.3% over the same period, from $1.7M to $1.4M. Total functional expenses rose by 30.9%, from $419K to $548K. In its most recent filing year (2022), Kearney Area Animal Shelter Inc reported a surplus of $64K, with revenue exceeding expenses. The organization holds $84K in liabilities against $1.4M in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $613K | $548K | $1.4M | $84K | — | View 990 |
| 2021 | $826K | $528K | $1.3M | $85K | — | View 990 |
| 2020 | $618K | $643K | $1.0M | $83K | — | View 990 |
| 2019 | $465K | $578K | $974K | $240 | — | View 990 |
| 2018 | $323K | $470K | $1.1M | $1K | — | View 990 |
| 2017 | $328K | $427K | $1.2M | $12K | — | View 990 |
| 2016 | $284K | $408K | $1.3M | $8K | — | View 990 |
| 2015 | $273K | $398K | $1.5M | $3K | — | View 990 |
| 2014 | $478K | $427K | $1.6M | $8K | — | View 990 |
| 2013 | $284K | $403K | $1.6M | $14K | — | View 990 |
| 2012 | $367K | $434K | $1.7M | $12K | — | View 990 |
| 2011 | $372K | $419K | $1.7M | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $613K, expenses of $548K, and assets of $1.4M (revenue -25.8% year-over-year).
- 2021: Revenue of $826K, expenses of $528K, and assets of $1.3M (revenue +33.7% year-over-year).
- 2020: Revenue of $618K, expenses of $643K, and assets of $1.0M (revenue +32.8% year-over-year).
- 2019: Revenue of $465K, expenses of $578K, and assets of $974K (revenue +44.0% year-over-year).
- 2018: Revenue of $323K, expenses of $470K, and assets of $1.1M (revenue -1.5% year-over-year).
- 2017: Revenue of $328K, expenses of $427K, and assets of $1.2M (revenue +15.5% year-over-year).
- 2016: Revenue of $284K, expenses of $408K, and assets of $1.3M (revenue +4.2% year-over-year).
- 2015: Revenue of $273K, expenses of $398K, and assets of $1.5M (revenue -43.0% year-over-year).
- 2014: Revenue of $478K, expenses of $427K, and assets of $1.6M (revenue +68.4% year-over-year).
- 2013: Revenue of $284K, expenses of $403K, and assets of $1.6M (revenue -22.7% year-over-year).
- 2012: Revenue of $367K, expenses of $434K, and assets of $1.7M (revenue -1.2% year-over-year).
- 2011: Revenue of $372K, expenses of $419K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kearney Area Animal Shelter Inc:
Data Sources and Methodology
This transparency report for Kearney Area Animal Shelter Inc 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.