Parma Animal Shelter Inc

Parma Animal Shelter maintains strong asset reserves and reports no officer compensation.

EIN: 20693967 · Parma, OH · NTEE: D20 · Updated: 2026-03-28

$378KRevenue

$1.2MAssets

90/100Mission Score (Excellent)

D20

About Parma Animal Shelter Inc

Parma Animal Shelter Inc (EIN: 20693967) is a nonprofit organization based in Parma, OH, classified under NTEE code D20. The organization reported total revenue of $378K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parma Animal Shelter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Parma Animal Shelter Inc demonstrates a generally healthy financial position with substantial assets relative to its annual revenue. The organization reported assets of $1,190,199 against its latest revenue of $378,494, indicating a strong reserve. While the 202312 filing shows expenses ($385,885) exceeding revenue ($291,131), this appears to be an anomaly when looking at the broader trend, as the prior year (202212) saw significantly higher revenue ($755,960) compared to expenses ($289,774). The absence of reported liabilities across all filings is a strong indicator of financial stability and responsible management.

The organization's spending efficiency is commendable, particularly given the consistent reporting of 0% officer compensation, which suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, thus maximizing funds for programs. The lack of liabilities further reinforces efficient financial operations. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency across these categories is limited.

Transparency appears to be high, with 13 filings available, demonstrating consistent reporting to the IRS. The clear reporting of 0% officer compensation is a positive transparency signal. To further enhance transparency, a more granular breakdown of expenses would be beneficial for donors to understand how funds are allocated across different operational areas.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Parma Animal Shelter 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, Parma Animal Shelter 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

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based or compensated through non-officer categories, which is highly favorable for directing funds towards the mission.

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 Parma Animal Shelter Inc:

Strong asset base ($1,190,199) relative to annual revenue, indicating financial stability.
Consistent reporting of $0 liabilities across all 13 filings, demonstrating excellent financial management.
0% officer compensation reported, suggesting high dedication of funds to programmatic activities.
Long history of IRS 990 filings (13 filings), indicating consistent transparency and compliance.
Significant growth in assets over the past decade, from $242,349 in 201412 to $1,190,199 currently.

Frequently Asked Questions about Parma Animal Shelter Inc

Is Parma Animal Shelter Inc a good charity?

Based on the available data, Parma Animal Shelter Inc appears to be a good charity. It maintains a strong asset base ($1,190,199), consistently reports no liabilities, and shows 0% officer compensation, suggesting efficient use of funds for its mission.

How does Parma Animal Shelter Inc manage its finances?

The organization manages its finances prudently, as evidenced by its substantial assets ($1,190,199) and consistent reporting of $0 liabilities across all 13 filings. This indicates a strong financial reserve and responsible debt management.

What is the trend in Parma Animal Shelter Inc's revenue and expenses?

Revenue and expenses have fluctuated, with a notable high revenue of $755,960 in 202212. While the 202312 period showed expenses ($385,885) exceeding revenue ($291,131), the overall trend indicates a healthy financial position with significant asset growth over time, from $242,349 in 201412 to $1,190,199 currently.

Filing History

IRS 990 filing history for Parma Animal Shelter Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Parma Animal Shelter Inc's revenue has grown by 126.2%, moving from $129K to $291K. Total assets increased by 525.8% over the same period, from $174K to $1.1M. Total functional expenses rose by 210.4%, from $124K to $386K. In its most recent filing year (2023), Parma Animal Shelter Inc reported a deficit of $95K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$291K	$386K	$1.1M	$0	—	—
2022	$756K	$290K	$1.1M	$0	—	View 990
2021	$235K	$163K	$652K	$0	—	View 990
2020	$289K	$212K	$580K	$0	—	View 990
2019	$361K	$78K	$623K	$0	—	View 990
2018	$192K	$212K	$339K	$0	—	View 990
2017	$245K	$205K	$388K	$0	—	View 990
2016	$168K	$208K	$347K	$0	—	View 990
2015	$283K	$139K	$379K	$0	—	View 990
2014	$185K	$154K	$242K	$0	—	View 990
2013	$161K	$156K	$212K	$0	—	View 990
2012	$169K	$141K	$207K	$0	—	View 990
2011	$129K	$124K	$174K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $291K, expenses of $386K, and assets of $1.1M (revenue -61.5% year-over-year).
2022: Revenue of $756K, expenses of $290K, and assets of $1.1M (revenue +222.3% year-over-year).
2021: Revenue of $235K, expenses of $163K, and assets of $652K (revenue -18.9% year-over-year).
2020: Revenue of $289K, expenses of $212K, and assets of $580K (revenue -19.9% year-over-year).
2019: Revenue of $361K, expenses of $78K, and assets of $623K (revenue +87.9% year-over-year).
2018: Revenue of $192K, expenses of $212K, and assets of $339K (revenue -21.6% year-over-year).
2017: Revenue of $245K, expenses of $205K, and assets of $388K (revenue +45.8% year-over-year).
2016: Revenue of $168K, expenses of $208K, and assets of $347K (revenue -40.6% year-over-year).
2015: Revenue of $283K, expenses of $139K, and assets of $379K (revenue +53.4% year-over-year).
2014: Revenue of $185K, expenses of $154K, and assets of $242K (revenue +15.1% year-over-year).
2013: Revenue of $161K, expenses of $156K, and assets of $212K (revenue -4.8% year-over-year).
2012: Revenue of $169K, expenses of $141K, and assets of $207K (revenue +31.1% year-over-year).
2011: Revenue of $129K, expenses of $124K, and assets of $174K.

Data Sources and Methodology

This transparency report for Parma Animal Shelter 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.