Laughing Eyes Kennels
EIN: 261391996 · Nogal, NM
| Metric | Value |
|---|---|
| Total Expenses | $19K |
| Net Assets | $123 |
Is Laughing Eyes Kennels Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laughing Eyes Kennels
Laughing Eyes Kennels (EIN: 261391996) is a nonprofit organization based in Nogal, NM. 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 Laughing Eyes Kennels's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laughing Eyes Kennels is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -12.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $19K |
| Surplus / Deficit | +$2K |
| Total Assets | $664 |
| Total Liabilities | $541 |
| Net Assets | $123 |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 81.5% |
| Months of Reserves | 0.4 months |
Financial Health Grade: B
In 2015, Laughing Eyes Kennels reported a surplus of $2K with revenue exceeding expenses, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 81.5% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Laughing Eyes Kennels's revenue has declined at a compound annual growth rate (CAGR) of -12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -24.5% | -36.4% | -84.4% |
| 2014 | -56.7% | -52.2% | -68.5% |
| 2013 | +24.2% | +1.9% | -0.4% |
| 2012 | +47.6% | +32.1% | -28.3% |
AI Analysis Pending
AI enrichment for Laughing Eyes Kennels 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 Laughing Eyes Kennels 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.5%.
Frequently Asked Questions about Laughing Eyes Kennels
Is Laughing Eyes Kennels a legitimate charity?
Based on AI analysis of IRS 990 filings, Laughing Eyes Kennels (EIN: 261391996) insufficient data. 0 red flags identified, 0 strengths noted.
How does Laughing Eyes Kennels spend its money?
Detailed spending breakdown data is not yet available for Laughing Eyes Kennels. Check back for updated IRS 990 analysis.
Are donations to Laughing Eyes Kennels tax-deductible?
Laughing Eyes Kennels is registered as a tax-exempt nonprofit (EIN: 261391996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laughing Eyes Kennels located?
Laughing Eyes Kennels is headquartered in Nogal, New Mexico and files with the IRS under EIN 261391996.
How many years of IRS 990 filings does Laughing Eyes Kennels have?
Laughing Eyes Kennels has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Laughing Eyes Kennels showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Laughing Eyes Kennels's revenue has declined by 40.1%, moving from $36K to $21K. Total assets decreased by 96.5% over the same period, from $19K to $664. Total functional expenses fell by 59.1%, from $47K to $19K. In its most recent filing year (2015), Laughing Eyes Kennels reported a surplus of $2K, with revenue exceeding expenses. The organization holds $541 in liabilities against $664 in assets (debt-to-asset ratio: 81.5%), resulting in net assets of $123.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $21K | $19K | $664 | $541 | — | View 990 |
| 2014 | $28K | $30K | $4K | $6K | — | View 990 |
| 2013 | $65K | $64K | $13K | $13K | — | View 990 |
| 2012 | $53K | $63K | $14K | $15K | — | View 990 |
| 2011 | $36K | $47K | $19K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $21K, expenses of $19K, and assets of $664 (revenue -24.5% year-over-year).
- 2014: Revenue of $28K, expenses of $30K, and assets of $4K (revenue -56.7% year-over-year).
- 2013: Revenue of $65K, expenses of $64K, and assets of $13K (revenue +24.2% year-over-year).
- 2012: Revenue of $53K, expenses of $63K, and assets of $14K (revenue +47.6% year-over-year).
- 2011: Revenue of $36K, expenses of $47K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laughing Eyes Kennels:
Data Sources and Methodology
This transparency report for Laughing Eyes Kennels 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.