Last Hope Animal Rescue Inc
Last Hope Animal Rescue Inc maintains stable finances with no reported officer compensation.
EIN: 201791718 · Cedar Rapids, IA · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $392K |
| Total Expenses | $379K |
| Program Spending | 90% |
| Net Assets | $211K |
| Transparency Score | 92/100 |
Is Last Hope Animal Rescue Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Last Hope Animal Rescue Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Last Hope Animal Rescue Inc
Last Hope Animal Rescue Inc (EIN: 201791718) is a nonprofit organization based in Cedar Rapids, IA, classified under NTEE code D20. The organization reported total revenue of $392K and total assets of $401K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Last Hope Animal Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Last Hope Animal Rescue Inc is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $384K |
| Total Expenses | $379K |
| Surplus / Deficit | +$5K |
| Total Assets | $330K |
| Total Liabilities | $119K |
| Net Assets | $211K |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 36.1% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Last Hope Animal Rescue Inc reported a surplus of $5K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 36.1% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Last Hope Animal Rescue Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.7% | +19.6% | -2.5% |
| 2022 | -10.8% | -4.0% | -6.1% |
| 2021 | +2.4% | +19.9% | +8.0% |
| 2020 | +19.1% | -3.6% | +20.0% |
| 2019 | +11.4% | +9.3% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Last Hope Animal Rescue Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Last Hope Animal Rescue Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for resource allocation to its mission.
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 Last Hope Animal Rescue Inc:
- Consistent 0% officer compensation, indicating high efficiency in resource allocation.
- Steady growth in assets from $14,887 in 2014 to $329,961 in 2023, demonstrating financial health.
- Consistent filing of IRS Form 990s over 11 periods, indicating strong transparency.
- Revenues generally exceeding or closely matching expenses, showing sound financial management.
- Significant increase in operational scale and revenue over the past decade.
Frequently Asked Questions about Last Hope Animal Rescue Inc
Is Last Hope Animal Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Last Hope Animal Rescue Inc (EIN: 201791718) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Last Hope Animal Rescue Inc spend its money?
Last Hope Animal Rescue Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Last Hope Animal Rescue Inc tax-deductible?
Last Hope Animal Rescue Inc is registered as a tax-exempt nonprofit (EIN: 201791718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Last Hope Animal Rescue Inc's spending goes to programs?
Last Hope Animal Rescue Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Last Hope Animal Rescue Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Last Hope Animal Rescue 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 Last Hope Animal Rescue Inc located?
Last Hope Animal Rescue Inc is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 201791718. It is classified under NTEE code D20.
How many years of IRS 990 filings does Last Hope Animal Rescue Inc have?
Last Hope Animal Rescue Inc has 11 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 $392K in total revenue.
Is Last Hope Animal Rescue Inc financially stable?
Yes, the organization appears financially stable, consistently managing revenues and expenses, and showing growth in assets from $14,887 in 2014 to $329,961 in 2023.
How does Last Hope Animal Rescue Inc manage executive compensation?
Last Hope Animal Rescue Inc reports 0% officer compensation in all available filings, suggesting a strong commitment to directing funds towards its programs.
Has the organization's financial scale changed over time?
Yes, the organization has grown significantly, with revenue increasing from $148,411 in 2014 to $384,008 in 2023, and assets growing substantially over the same period.
Filing History
IRS 990 filing history for Last Hope Animal Rescue Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Last Hope Animal Rescue Inc's revenue has grown by 235.5%, moving from $114K to $384K. Total assets increased by 1811% over the same period, from $17K to $330K. Total functional expenses rose by 247.1%, from $109K to $379K. In its most recent filing year (2023), Last Hope Animal Rescue Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $119K in liabilities against $330K in assets (debt-to-asset ratio: 36.1%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $384K | $379K | $330K | $119K | — | — |
| 2022 | $310K | $317K | $339K | $132K | — | View 990 |
| 2021 | $348K | $330K | $360K | $148K | — | View 990 |
| 2020 | $340K | $275K | $334K | $139K | — | — |
| 2019 | $286K | $286K | $278K | $148K | — | View 990 |
| 2018 | $256K | $261K | $287K | $157K | — | View 990 |
| 2017 | $277K | $269K | $300K | $166K | — | — |
| 2016 | $279K | $225K | $329K | $202K | — | View 990 |
| 2015 | $267K | $209K | $277K | $204K | — | View 990 |
| 2014 | $148K | $151K | $15K | $0 | — | View 990 |
| 2013 | $114K | $109K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $384K, expenses of $379K, and assets of $330K (revenue +23.7% year-over-year).
- 2022: Revenue of $310K, expenses of $317K, and assets of $339K (revenue -10.8% year-over-year).
- 2021: Revenue of $348K, expenses of $330K, and assets of $360K (revenue +2.4% year-over-year).
- 2020: Revenue of $340K, expenses of $275K, and assets of $334K (revenue +19.1% year-over-year).
- 2019: Revenue of $286K, expenses of $286K, and assets of $278K (revenue +11.4% year-over-year).
- 2018: Revenue of $256K, expenses of $261K, and assets of $287K (revenue -7.4% year-over-year).
- 2017: Revenue of $277K, expenses of $269K, and assets of $300K (revenue -0.8% year-over-year).
- 2016: Revenue of $279K, expenses of $225K, and assets of $329K (revenue +4.6% year-over-year).
- 2015: Revenue of $267K, expenses of $209K, and assets of $277K (revenue +79.8% year-over-year).
- 2014: Revenue of $148K, expenses of $151K, and assets of $15K (revenue +29.7% year-over-year).
- 2013: Revenue of $114K, expenses of $109K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Last Hope Animal Rescue Inc:
Data Sources and Methodology
This transparency report for Last Hope Animal 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.