Pals For Paws Inc
Pals For Paws Inc operates near break-even with no reported officer compensation, experiencing fluctuating revenues and occasional deficits.
EIN: 200481563 · Kokomo, IN · NTEE: D20 · Updated: 2026-03-28
Is Pals For Paws Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pals For Paws Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pals For Paws Inc
Pals For Paws Inc (EIN: 200481563) is a nonprofit organization based in Kokomo, IN, classified under NTEE code D20. The organization reported total revenue of $159K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pals For Paws Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pals For Paws Inc with a Mission Score of 85 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, Pals For Paws 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.
Executive Compensation Analysis
Pals For Paws Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong positive for minimizing administrative overhead relative to 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 Pals For Paws Inc's IRS 990 filings:
- Recurring operational deficits (e.g., $29,734 in 2023, $17,012 in 2019, $3,000 in 2017, $6,380 in 2014) indicate potential long-term financial instability if not addressed.
- Fluctuating revenue streams, ranging from $107,690 in 2015 to $304,698 in 2020, suggest potential challenges in consistent fundraising or donor retention.
Strengths
The following positive indicators were identified for Pals For Paws Inc:
- Consistent 0% officer compensation across all filings demonstrates a strong commitment to minimizing administrative overhead and maximizing program spending.
- Positive trend in net assets, growing from $28,562 in 2015 to $98,416 in 2023, indicates increasing financial capacity.
- Generally operates close to break-even, suggesting efficient use of funds for its mission.
- Long filing history (13 filings) indicates consistent compliance and transparency with IRS reporting requirements.
Frequently Asked Questions about Pals For Paws Inc
Is Pals For Paws Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pals For Paws Inc (EIN: 200481563) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Pals For Paws Inc spend its money?
Pals For Paws Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pals For Paws Inc tax-deductible?
Pals For Paws Inc is registered as a tax-exempt nonprofit (EIN: 200481563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pals For Paws Inc a good charity?
Based on the available data, Pals For Paws Inc appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, suggesting a strong commitment to direct mission spending and minimal administrative overhead. However, its financial stability could be improved by addressing recurring deficits, such as the $29,734 deficit in 2023.
How does Pals For Paws Inc manage its expenses?
Pals For Paws Inc generally manages its expenses to closely align with its revenue, often operating near a break-even point. For example, in 2022, expenses were $147,357 against revenues of $153,924. However, there are periods of deficit, such as in 2023 where expenses ($174,875) exceeded revenue ($145,141), indicating a need for careful budgeting.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend over the past decade, growing from $28,562 in 2015 to $98,416 in 2023, indicating a gradual increase in financial capacity and stability.
Does Pals For Paws Inc have high administrative costs?
The available data strongly suggests low administrative costs, primarily evidenced by the consistent reporting of 0% officer compensation across all filings. This indicates that a very high proportion of funds likely go directly to programs, though a detailed expense breakdown would confirm this.
Filing History
IRS 990 filing history for Pals For Paws Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pals For Paws Inc's revenue has grown by 72.1%, moving from $84K to $145K. Total assets increased by 3154.5% over the same period, from $3K to $98K. Total functional expenses rose by 102.9%, from $86K to $175K. In its most recent filing year (2023), Pals For Paws Inc reported a deficit of $30K, with expenses exceeding revenue. The organization holds $38K in liabilities against $98K in assets (debt-to-asset ratio: 39.0%), resulting in net assets of $60K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $175K | $98K | $38K | — | — |
| 2022 | $154K | $147K | $109K | $19K | — | View 990 |
| 2021 | $237K | $232K | $108K | $25K | — | View 990 |
| 2020 | $305K | $290K | $92K | $13K | — | View 990 |
| 2019 | $197K | $214K | $91K | $26K | — | View 990 |
| 2018 | $160K | $147K | $95K | $13K | — | View 990 |
| 2017 | $158K | $160K | $88K | $20K | — | View 990 |
| 2016 | $247K | $203K | $92K | $22K | — | View 990 |
| 2015 | $108K | $124K | $29K | $13K | — | View 990 |
| 2014 | $159K | $166K | $64K | $32K | — | View 990 |
| 2013 | $180K | $195K | $42K | $4K | — | View 990 |
| 2012 | $240K | $179K | $57K | $4K | — | View 990 |
| 2011 | $84K | $86K | $3K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $175K, and assets of $98K (revenue -5.7% year-over-year).
- 2022: Revenue of $154K, expenses of $147K, and assets of $109K (revenue -34.9% year-over-year).
- 2021: Revenue of $237K, expenses of $232K, and assets of $108K (revenue -22.4% year-over-year).
- 2020: Revenue of $305K, expenses of $290K, and assets of $92K (revenue +54.9% year-over-year).
- 2019: Revenue of $197K, expenses of $214K, and assets of $91K (revenue +22.9% year-over-year).
- 2018: Revenue of $160K, expenses of $147K, and assets of $95K (revenue +1.1% year-over-year).
- 2017: Revenue of $158K, expenses of $160K, and assets of $88K (revenue -36.0% year-over-year).
- 2016: Revenue of $247K, expenses of $203K, and assets of $92K (revenue +129.5% year-over-year).
- 2015: Revenue of $108K, expenses of $124K, and assets of $29K (revenue -32.4% year-over-year).
- 2014: Revenue of $159K, expenses of $166K, and assets of $64K (revenue -11.6% year-over-year).
- 2013: Revenue of $180K, expenses of $195K, and assets of $42K (revenue -24.9% year-over-year).
- 2012: Revenue of $240K, expenses of $179K, and assets of $57K (revenue +184.3% year-over-year).
- 2011: Revenue of $84K, expenses of $86K, and assets of $3K.
Data Sources and Methodology
This transparency report for Pals For Paws 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.