Paws For Life Nc
Paws For Life Nc consistently operates with a surplus and no executive compensation, directing resources to its mission.
EIN: 10621772 · Youngsville, NC · NTEE: D20 · Updated: 2026-03-28
Is Paws For Life Nc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paws For Life Nc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paws For Life Nc
Paws For Life Nc (EIN: 10621772) is a nonprofit organization based in Youngsville, NC, classified under NTEE code D20. The organization reported total revenue of $424K and total assets of $277K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paws For Life Nc'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 Paws For Life Nc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Paws For Life Nc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Paws For Life Nc reports 0% officer compensation across all 13 filings, indicating a volunteer-led executive team, which allows a greater proportion of funds to be directed towards its programs.
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 Paws For Life Nc's IRS 990 filings:
- None identified based on provided financial data.
Strengths
The following positive indicators were identified for Paws For Life Nc:
- Consistent operating surplus, e.g., $2,866 in 2023 ($236,576 revenue vs. $233,710 expenses).
- Zero reported officer compensation across all 13 filings.
- No reported liabilities in recent filings (e.g., $0 in 2023, 2022, 2021).
- Steady asset growth, from $21,697 in 2014 to $135,823 in 2023.
- Strong program spending ratio due to minimal administrative and fundraising costs.
Frequently Asked Questions about Paws For Life Nc
Is Paws For Life Nc a legitimate charity?
Based on AI analysis of IRS 990 filings, Paws For Life Nc (EIN: 10621772) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Paws For Life Nc spend its money?
Paws For Life Nc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paws For Life Nc tax-deductible?
Paws For Life Nc is registered as a tax-exempt nonprofit (EIN: 10621772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Paws For Life Nc a good charity?
Based on its financial data, Paws For Life Nc appears to be a very good charity. It consistently operates with a surplus, has no reported liabilities, and directs a high percentage of its spending to programs, with no executive compensation.
How has Paws For Life Nc's financial health changed over time?
Paws For Life Nc has shown consistent growth and financial stability. Its revenue has grown from $109,735 in 2014 to $236,576 in 2023, and assets have increased from $21,697 to $135,823 over the same period, indicating healthy expansion.
What is Paws For Life Nc's approach to executive compensation?
Paws For Life Nc reports 0% officer compensation in all its IRS 990 filings, suggesting that its leadership is entirely volunteer-based, which is a strong indicator of dedication to its mission and efficient use of funds.
Filing History
IRS 990 filing history for Paws For Life Nc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Paws For Life Nc's revenue has grown by 330.2%, moving from $55K to $237K. Total assets increased by 167.3% over the same period, from $51K to $136K. Total functional expenses rose by 380.5%, from $49K to $234K. In its most recent filing year (2023), Paws For Life Nc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $237K | $234K | $136K | $0 | — | View 990 |
| 2022 | $256K | $236K | $133K | $0 | — | View 990 |
| 2021 | $258K | $247K | $113K | $0 | — | View 990 |
| 2020 | $228K | $218K | $102K | $0 | — | View 990 |
| 2019 | $191K | $173K | $84K | $0 | — | View 990 |
| 2018 | $173K | $175K | $75K | $5K | — | View 990 |
| 2017 | $227K | $210K | $75K | $2K | — | View 990 |
| 2016 | $215K | $185K | $56K | $0 | — | View 990 |
| 2015 | $123K | $118K | $27K | $0 | — | View 990 |
| 2014 | $110K | $89K | $22K | $0 | — | View 990 |
| 2013 | $60K | $1K | $0 | $0 | — | View 990 |
| 2012 | $80K | $104K | $22K | $22K | — | View 990 |
| 2011 | $55K | $49K | $51K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $237K, expenses of $234K, and assets of $136K (revenue -7.4% year-over-year).
- 2022: Revenue of $256K, expenses of $236K, and assets of $133K (revenue -1.0% year-over-year).
- 2021: Revenue of $258K, expenses of $247K, and assets of $113K (revenue +13.2% year-over-year).
- 2020: Revenue of $228K, expenses of $218K, and assets of $102K (revenue +19.2% year-over-year).
- 2019: Revenue of $191K, expenses of $173K, and assets of $84K (revenue +10.5% year-over-year).
- 2018: Revenue of $173K, expenses of $175K, and assets of $75K (revenue -23.8% year-over-year).
- 2017: Revenue of $227K, expenses of $210K, and assets of $75K (revenue +5.5% year-over-year).
- 2016: Revenue of $215K, expenses of $185K, and assets of $56K (revenue +74.5% year-over-year).
- 2015: Revenue of $123K, expenses of $118K, and assets of $27K (revenue +12.2% year-over-year).
- 2014: Revenue of $110K, expenses of $89K, and assets of $22K (revenue +83.3% year-over-year).
- 2013: Revenue of $60K, expenses of $1K, and assets of $0 (revenue -24.9% year-over-year).
- 2012: Revenue of $80K, expenses of $104K, and assets of $22K (revenue +45.1% year-over-year).
- 2011: Revenue of $55K, expenses of $49K, and assets of $51K.
Data Sources and Methodology
This transparency report for Paws For Life Nc 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.