Labrador Retriever Rescue Inc
Labrador Retriever Rescue Inc: Declining Assets and Inconsistent Spending
EIN: 223055458 · Plaistow, NH · NTEE: D20 · Updated: 2026-04-04
Is Labrador Retriever Rescue Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Labrador Retriever Rescue Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Labrador Retriever Rescue Inc
Labrador Retriever Rescue Inc (EIN: 223055458) is a nonprofit organization based in Plaistow, NH, classified under NTEE code D20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Labrador Retriever Rescue Inc'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 Labrador Retriever Rescue Inc with a Mission Score of 65 out of 100 (Good). 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: 70%
- fundraising: 15%
According to IRS 990 filings, Labrador Retriever Rescue Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed as the provided data does not include any information on salaries or compensation figures.
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 Labrador Retriever Rescue Inc's IRS 990 filings:
- Significant and consistent decline in total assets over the past eight years, from $65,182 in 2015 to $29,051 in 2022.
- Expenses frequently exceed revenue, as seen in 2020 ($10,020 revenue vs. $21,465 expenses) and 2022 ($9,216 revenue vs. $16,627 expenses), indicating potential financial unsustainability.
- Lack of detailed program spending information makes it difficult to verify the direct impact of donations.
Strengths
The following positive indicators were identified for Labrador Retriever Rescue Inc:
- The organization has maintained a consistent presence for at least eight years, suggesting dedication to its mission.
- Despite financial challenges, the organization continues to operate and file necessary reports.
Frequently Asked Questions about Labrador Retriever Rescue Inc
Is Labrador Retriever Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Labrador Retriever Rescue Inc (EIN: 223055458) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Labrador Retriever Rescue Inc spend its money?
Labrador Retriever Rescue Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Labrador Retriever Rescue Inc tax-deductible?
Labrador Retriever Rescue Inc is registered as a tax-exempt nonprofit (EIN: 223055458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Labrador Retriever Rescue Inc do?
Labrador Retriever Rescue Inc is a nonprofit organization in the Animal-Related sector, located in Plaistow, New Hampshire. It is classified under NTEE code D20.
How much revenue does Labrador Retriever Rescue Inc have?
Labrador Retriever Rescue Inc reported total revenue of N/A. Based on 12 IRS 990 filings on record.
What are Labrador Retriever Rescue Inc's total assets?
Labrador Retriever Rescue Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Labrador Retriever Rescue Inc located?
Labrador Retriever Rescue Inc is based in Plaistow, New Hampshire.
What is Labrador Retriever Rescue Inc's EIN?
Labrador Retriever Rescue Inc's Employer Identification Number (EIN) is 223055458. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Labrador Retriever Rescue Inc?
Labrador Retriever Rescue Inc is classified under NTEE code D20 (Animal-Related).
Is Labrador Retriever Rescue Inc a registered 501(c)(3)?
Yes, Labrador Retriever Rescue Inc is recognized as a tax-exempt organization by the IRS. EIN: 223055458.
Does Labrador Retriever Rescue Inc file IRS Form 990?
Yes, Labrador Retriever Rescue Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Labrador Retriever Rescue Inc's revenue in 2022?
In the 202212 filing period, Labrador Retriever Rescue Inc reported total revenue of $9,216, total expenses of $16,627, and net assets of $29,051.
Is Labrador Retriever Rescue Inc's revenue growing or declining?
Labrador Retriever Rescue Inc's revenue is declining. Revenue went from $14,040 (202112) to $9,216 (202212), a -34.4% change. Based on 12 filings on record.
What is Labrador Retriever Rescue Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Labrador Retriever Rescue Inc covers tax period 202212. It shows revenue of $9,216, expenses of $16,627, total assets of $29,051, and liabilities of N/A.
How much does Labrador Retriever Rescue Inc spend on programs vs administration?
Based on IRS 990 analysis, Labrador Retriever Rescue Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Labrador Retriever Rescue Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Labrador Retriever Rescue Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Labrador Retriever Rescue Inc?
The following concerns were identified: Significant and consistent decline in total assets over the past eight years, from $65,182 in 2015 to $29,051 in 2022.. Expenses frequently exceed revenue, as seen in 2020 ($10,020 revenue vs. $21,465 expenses) and 2022 ($9,216 revenue vs. $16,627 expenses), indicating potential financial unsustainability.. Lack of detailed program spending information makes it difficult to verify the direct impact of donations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Labrador Retriever Rescue Inc's strengths?
Positive indicators for Labrador Retriever Rescue Inc include: The organization has maintained a consistent presence for at least eight years, suggesting dedication to its mission.. Despite financial challenges, the organization continues to operate and file necessary reports.. These findings are derived from AI analysis of the organization's financial filings.
How does Labrador Retriever Rescue Inc compensate executives?
Executive compensation cannot be assessed as the provided data does not include any information on salaries or compensation figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors are contributing to the consistent decline in assets, and what strategies are in place to reverse this trend?
The data shows a steady decrease in assets, but the underlying causes (e.g., operational losses, investment performance, or specific asset liquidations) are not detailed. Without this information, it's impossible to assess strategies for asset recovery.
Given the frequent instances where expenses exceed revenue, how is the organization managing its cash flow and ensuring long-term solvency?
The recurring deficit between revenue and expenses suggests the organization is drawing down on its assets or reserves. For example, in 2022, expenses were $16,627 against revenues of $9,216. This pattern raises concerns about the long-term financial health and sustainability without a clear strategy for balancing the budget.
Filing History
IRS 990 filing history for Labrador Retriever Rescue Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Labrador Retriever Rescue Inc's revenue has declined by 62.7%, moving from $25K to $9K. Total assets decreased by 19% over the same period, from $36K to $29K. Total functional expenses fell by 59.1%, from $41K to $17K. In its most recent filing year (2022), Labrador Retriever Rescue Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $9K | $17K | $29K | $0 | — | View 990 |
| 2021 | $14K | $14K | $36K | $0 | — | View 990 |
| 2020 | $10K | $21K | $36K | $0 | — | View 990 |
| 2019 | $11K | $12K | $48K | $0 | — | — |
| 2018 | $9K | $15K | $49K | $0 | — | View 990 |
| 2017 | $14K | $21K | $55K | $0 | — | View 990 |
| 2016 | $13K | $17K | $62K | $0 | — | View 990 |
| 2015 | $10K | $10K | $65K | $0 | — | View 990 |
| 2014 | $13K | $17K | $65K | $0 | — | View 990 |
| 2013 | $24K | $13K | $69K | $0 | — | View 990 |
| 2012 | $48K | $26K | $57K | $0 | — | View 990 |
| 2011 | $25K | $41K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $9K, expenses of $17K, and assets of $29K (revenue -34.4% year-over-year).
- 2021: Revenue of $14K, expenses of $14K, and assets of $36K (revenue +40.1% year-over-year).
- 2020: Revenue of $10K, expenses of $21K, and assets of $36K (revenue -11.2% year-over-year).
- 2019: Revenue of $11K, expenses of $12K, and assets of $48K (revenue +26.4% year-over-year).
- 2018: Revenue of $9K, expenses of $15K, and assets of $49K (revenue -37.5% year-over-year).
- 2017: Revenue of $14K, expenses of $21K, and assets of $55K (revenue +7.5% year-over-year).
- 2016: Revenue of $13K, expenses of $17K, and assets of $62K (revenue +30.2% year-over-year).
- 2015: Revenue of $10K, expenses of $10K, and assets of $65K (revenue -24.3% year-over-year).
- 2014: Revenue of $13K, expenses of $17K, and assets of $65K (revenue -44.0% year-over-year).
- 2013: Revenue of $24K, expenses of $13K, and assets of $69K (revenue -49.8% year-over-year).
- 2012: Revenue of $48K, expenses of $26K, and assets of $57K (revenue +94.0% year-over-year).
- 2011: Revenue of $25K, expenses of $41K, and assets of $36K.
Data Sources and Methodology
This transparency report for Labrador Retriever Rescue 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.