Palomino Valley Pet Rescue Inc
Palomino Valley Pet Rescue maintains zero liabilities and no officer compensation amidst fluctuating revenues.
EIN: 205780243 · Sparks, NV · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $38K |
| Program Spending | 85% |
| Net Assets | $163K |
| Transparency Score | 90/100 |
Is Palomino Valley Pet Rescue Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Palomino Valley Pet Rescue Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Palomino Valley Pet Rescue Inc
Palomino Valley Pet Rescue Inc (EIN: 205780243) is a nonprofit organization based in Sparks, NV, classified under NTEE code D20. The organization reported total revenue of $57K and total assets of $160K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palomino Valley Pet Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Palomino Valley Pet Rescue Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $38K |
| Surplus / Deficit | +$5K |
| Total Assets | $163K |
| Net Assets | $163K |
| Operating Margin | 12.5% |
| Months of Reserves | 51.7 months |
Financial Health Grade: A
In 2023, Palomino Valley Pet Rescue Inc reported a surplus of $5K with revenue exceeding expenses, holds 51.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Palomino Valley Pet Rescue Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.1% | -65.5% | +3.4% |
| 2022 | +75.3% | +66.3% | +9.9% |
| 2021 | -24.2% | +104.0% | +3.4% |
| 2020 | -76.2% | -31.3% | +2181.9% |
| 2019 | +0.1% | +20.5% | -98.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Palomino Valley Pet Rescue Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Palomino Valley Pet Rescue Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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.
Executive Compensation Analysis
Palomino Valley Pet Rescue Inc. reports 0% officer compensation across all available filings, indicating that its executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size.
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 Palomino Valley Pet Rescue Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, making future financial planning potentially challenging.
Strengths
The following positive indicators were identified for Palomino Valley Pet Rescue Inc:
- Consistent reporting of zero liabilities, indicating strong financial health and no debt.
- 0% officer compensation across all filings, suggesting a highly dedicated and potentially volunteer-led executive team.
- Consistent asset growth in recent years, from $6,088 in 2019 to $163,404 in 2023.
- Positive net income in most years, indicating financial sustainability.
Frequently Asked Questions about Palomino Valley Pet Rescue Inc
Is Palomino Valley Pet Rescue Inc a legitimate charity?
Palomino Valley Pet Rescue Inc (EIN: 205780243) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $57K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Palomino Valley Pet Rescue Inc spend its money?
Palomino Valley Pet Rescue Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Palomino Valley Pet Rescue Inc tax-deductible?
Palomino Valley Pet Rescue Inc is registered as a tax-exempt nonprofit (EIN: 205780243). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Palomino Valley Pet Rescue Inc's spending goes to programs?
Palomino Valley Pet Rescue Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Palomino Valley Pet Rescue Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Palomino Valley Pet 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 Palomino Valley Pet Rescue Inc located?
Palomino Valley Pet Rescue Inc is headquartered in Sparks, Nevada and files with the IRS under EIN 205780243. It is classified under NTEE code D20.
How many years of IRS 990 filings does Palomino Valley Pet Rescue Inc have?
Palomino Valley Pet Rescue Inc 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 $57K in total revenue.
Is Palomino Valley Pet Rescue Inc. a good charity?
Based on its financial data, Palomino Valley Pet Rescue Inc. appears to be a good charity. It consistently reports zero liabilities, indicating strong financial health, and has 0% officer compensation, suggesting a high dedication to its mission with minimal overhead for leadership.
How has Palomino Valley Pet Rescue Inc.'s revenue trended?
Revenue for Palomino Valley Pet Rescue Inc. has been highly variable, with peaks of $393,134 in 2019 and $392,852 in 2018, but has seen a significant decline to $43,326 in 2023 from $124,185 in 2022.
What is the organization's asset growth like?
The organization has shown consistent asset growth in recent years, increasing from $6,088 in 2019 to $163,404 in 2023, demonstrating an ability to build and retain resources.
Filing History
IRS 990 filing history for Palomino Valley Pet Rescue Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Palomino Valley Pet Rescue Inc's revenue has declined by 46.3%, moving from $81K to $43K. Total assets increased by 1830.8% over the same period, from $8K to $163K. Total functional expenses fell by 52.6%, from $80K to $38K. In its most recent filing year (2023), Palomino Valley Pet Rescue Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $43K | $38K | $163K | $0 | — | View 990 |
| 2022 | $124K | $110K | $158K | $0 | — | View 990 |
| 2021 | $71K | $66K | $144K | $0 | — | — |
| 2020 | $93K | $32K | $139K | $0 | — | View 990 |
| 2019 | $393K | $47K | $6K | $0 | — | View 990 |
| 2018 | $393K | $39K | $399K | $0 | — | View 990 |
| 2017 | $82K | $40K | $4K | $0 | — | View 990 |
| 2016 | $56K | $40K | $45K | $0 | — | View 990 |
| 2015 | $148K | $58K | $158K | $0 | — | View 990 |
| 2014 | $118K | $46K | $86K | $0 | — | View 990 |
| 2013 | $129K | $113K | $30K | $0 | — | View 990 |
| 2012 | $52K | $50K | $8K | $0 | — | View 990 |
| 2011 | $81K | $80K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43K, expenses of $38K, and assets of $163K (revenue -65.1% year-over-year).
- 2022: Revenue of $124K, expenses of $110K, and assets of $158K (revenue +75.3% year-over-year).
- 2021: Revenue of $71K, expenses of $66K, and assets of $144K (revenue -24.2% year-over-year).
- 2020: Revenue of $93K, expenses of $32K, and assets of $139K (revenue -76.2% year-over-year).
- 2019: Revenue of $393K, expenses of $47K, and assets of $6K (revenue +0.1% year-over-year).
- 2018: Revenue of $393K, expenses of $39K, and assets of $399K (revenue +381.0% year-over-year).
- 2017: Revenue of $82K, expenses of $40K, and assets of $4K (revenue +46.0% year-over-year).
- 2016: Revenue of $56K, expenses of $40K, and assets of $45K (revenue -62.2% year-over-year).
- 2015: Revenue of $148K, expenses of $58K, and assets of $158K (revenue +25.5% year-over-year).
- 2014: Revenue of $118K, expenses of $46K, and assets of $86K (revenue -8.5% year-over-year).
- 2013: Revenue of $129K, expenses of $113K, and assets of $30K (revenue +146.2% year-over-year).
- 2012: Revenue of $52K, expenses of $50K, and assets of $8K (revenue -35.1% year-over-year).
- 2011: Revenue of $81K, expenses of $80K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Palomino Valley Pet Rescue Inc:
Data Sources and Methodology
This transparency report for Palomino Valley Pet 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.