Monroe County Friends Of Animals
Monroe County Friends Of Animals shows significant revenue and asset growth with no reported officer compensation.
EIN: 201909433 · Madisonville, TN · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $417K |
| Program Spending | 90% |
| Net Assets | $5.3M |
| Transparency Score | 95/100 |
Is Monroe County Friends Of Animals Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monroe County Friends Of Animals directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monroe County Friends Of Animals
Monroe County Friends Of Animals (EIN: 201909433) is a nonprofit organization based in Madisonville, TN, classified under NTEE code D20. The organization reported total revenue of $1.8M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe County Friends Of Animals's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe County Friends Of Animals is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $417K |
| Surplus / Deficit | +$1.5M |
| Total Assets | $5.9M |
| Total Liabilities | $617K |
| Net Assets | $5.3M |
| Operating Margin | 77.9% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 170.5 months |
Financial Health Grade: A
In 2023, Monroe County Friends Of Animals reported a surplus of $1.5M with revenue exceeding expenses, holds 170.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Monroe County Friends Of Animals's revenue has grown at a compound annual growth rate (CAGR) of 27.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.1% | -6.6% | +106.4% |
| 2022 | -7.5% | +34.1% | +41.1% |
| 2021 | +287.1% | +40.0% | +76.0% |
| 2020 | -57.1% | +4.4% | +5.4% |
| 2019 | +140.6% | -1.0% | +75.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2005 |
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 Monroe County Friends Of Animals with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Monroe County Friends Of Animals allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly favorable, suggesting that all funds are directed towards the organization's mission rather than executive salaries, especially given the substantial revenue and asset growth.
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 Monroe County Friends Of Animals:
- Significant revenue growth, from $297,586 in 2020 to $1,888,369 in 2023.
- Substantial asset growth, from $1,154,617 in 2020 to $5,919,864 in 2023.
- Consistent reporting of 0% officer compensation across all filings, indicating strong commitment to mission.
- Low expense-to-revenue ratio, suggesting efficient operations and strong financial management.
- Positive net assets and increasing financial reserves.
Frequently Asked Questions about Monroe County Friends Of Animals
Is Monroe County Friends Of Animals a legitimate charity?
Based on AI analysis of IRS 990 filings, Monroe County Friends Of Animals (EIN: 201909433) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Monroe County Friends Of Animals spend its money?
Monroe County Friends Of Animals directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Monroe County Friends Of Animals tax-deductible?
Monroe County Friends Of Animals is registered as a tax-exempt nonprofit (EIN: 201909433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Monroe County Friends Of Animals's spending goes to programs?
Monroe County Friends Of Animals directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Monroe County Friends Of Animals compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Monroe County Friends Of Animals 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 Monroe County Friends Of Animals located?
Monroe County Friends Of Animals is headquartered in Madisonville, Tennessee and files with the IRS under EIN 201909433. It is classified under NTEE code D20.
How many years of IRS 990 filings does Monroe County Friends Of Animals have?
Monroe County Friends Of Animals 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 $1.8M in total revenue.
Is Monroe County Friends Of Animals a good charity?
Based on the financial data, Monroe County Friends Of Animals appears to be a very good charity. They demonstrate strong financial health, significant growth in revenue and assets, and a commitment to their mission by reporting 0% officer compensation across all filings.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue grew from $297,586 in 2020 to $1,888,369 in 2023, and assets increased from $1,154,617 to $5,919,864 in the same period, indicating robust growth and financial stability.
What is the organization's spending efficiency?
Spending efficiency appears high. For example, in 2023, expenses were $416,657 against revenue of $1,888,369, meaning a large portion of revenue was retained or invested, rather than spent on operations, suggesting efficient use of funds.
Filing History
IRS 990 filing history for Monroe County Friends Of Animals showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monroe County Friends Of Animals's revenue has grown by 1654.4%, moving from $108K to $1.9M. Total assets increased by 4786.2% over the same period, from $121K to $5.9M. Total functional expenses rose by 363.9%, from $90K to $417K. In its most recent filing year (2023), Monroe County Friends Of Animals reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $617K in liabilities against $5.9M in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $417K | $5.9M | $617K | — | — |
| 2022 | $1.1M | $446K | $2.9M | $341K | — | View 990 |
| 2021 | $1.2M | $333K | $2.0M | $125K | — | View 990 |
| 2020 | $298K | $238K | $1.2M | $107K | — | — |
| 2019 | $693K | $228K | $1.1M | $112K | — | View 990 |
| 2018 | $288K | $230K | $625K | $101K | — | View 990 |
| 2017 | $233K | $154K | $567K | $102K | — | View 990 |
| 2016 | $300K | $188K | $489K | $102K | — | View 990 |
| 2015 | $253K | $222K | $279K | $4K | — | View 990 |
| 2014 | $186K | $141K | $244K | $0 | — | View 990 |
| 2013 | $141K | $130K | $200K | $1K | — | View 990 |
| 2012 | $175K | $108K | $190K | $1K | — | View 990 |
| 2011 | $108K | $90K | $121K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $417K, and assets of $5.9M (revenue +77.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $446K, and assets of $2.9M (revenue -7.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $333K, and assets of $2.0M (revenue +287.1% year-over-year).
- 2020: Revenue of $298K, expenses of $238K, and assets of $1.2M (revenue -57.1% year-over-year).
- 2019: Revenue of $693K, expenses of $228K, and assets of $1.1M (revenue +140.6% year-over-year).
- 2018: Revenue of $288K, expenses of $230K, and assets of $625K (revenue +23.6% year-over-year).
- 2017: Revenue of $233K, expenses of $154K, and assets of $567K (revenue -22.3% year-over-year).
- 2016: Revenue of $300K, expenses of $188K, and assets of $489K (revenue +18.7% year-over-year).
- 2015: Revenue of $253K, expenses of $222K, and assets of $279K (revenue +36.1% year-over-year).
- 2014: Revenue of $186K, expenses of $141K, and assets of $244K (revenue +31.7% year-over-year).
- 2013: Revenue of $141K, expenses of $130K, and assets of $200K (revenue -19.6% year-over-year).
- 2012: Revenue of $175K, expenses of $108K, and assets of $190K (revenue +62.8% year-over-year).
- 2011: Revenue of $108K, expenses of $90K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe County Friends Of Animals:
Data Sources and Methodology
This transparency report for Monroe County Friends Of Animals 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.