Nicolosi Foundation For Animal Welfare
EIN: 823705600 · Charlestown, RI · NTEE: D20
About Nicolosi Foundation For Animal Welfare
Nicolosi Foundation For Animal Welfare (EIN: 823705600) is a nonprofit organization based in Charlestown, RI, classified under NTEE code D20. The organization reported total revenue of $62K and total assets of $877K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nicolosi Foundation For Animal Welfare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Nicolosi Foundation For Animal Welfare 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 Nicolosi Foundation For Animal Welfare 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.
Filing History
IRS 990 filing history for Nicolosi Foundation For Animal Welfare showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Nicolosi Foundation For Animal Welfare's revenue has grown by 107.9%, moving from $23K to $47K. Total assets increased by 1% over the same period, from $969K to $979K. Total functional expenses rose by 132.5%, from $41K to $95K. In its most recent filing year (2023), Nicolosi Foundation For Animal Welfare reported a deficit of $48K, with expenses exceeding revenue. The organization holds $2K in liabilities against $979K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $977K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $95K | $979K | $2K | — | — |
| 2022 | $56K | $41K | $1.0M | $2K | — | View 990 |
| 2021 | $64K | $25K | $1.0M | $2K | — | — |
| 2020 | $25K | $24K | $971K | $1 | — | View 990 |
| 2019 | $23K | $41K | $969K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $95K, and assets of $979K (revenue -15.7% year-over-year).
- 2022: Revenue of $56K, expenses of $41K, and assets of $1.0M (revenue -13.4% year-over-year).
- 2021: Revenue of $64K, expenses of $25K, and assets of $1.0M (revenue +157.6% year-over-year).
- 2020: Revenue of $25K, expenses of $24K, and assets of $971K (revenue +10.5% year-over-year).
- 2019: Revenue of $23K, expenses of $41K, and assets of $969K.
Data Sources and Methodology
This transparency report for Nicolosi Foundation For Animal Welfare 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.