Pet Assistance Inc
Pet Assistance Inc. operates with zero officer compensation, maintaining stable assets despite recent deficits.
EIN: 132856917 · New Preston, CT · NTEE: D200 · Updated: 2026-03-28
About Pet Assistance Inc
Pet Assistance Inc (EIN: 132856917) is a nonprofit organization based in New Preston, CT, classified under NTEE code D200. The organization reported total revenue of $51K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pet Assistance 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 Pet Assistance Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Pet Assistance Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Pet Assistance Inc. reports 0% officer compensation across all available filings, indicating a highly efficient, likely volunteer-led structure that directs all funds towards its mission rather than executive salaries.
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 Pet Assistance Inc's IRS 990 filings:
- Expenses have exceeded revenue in the last three reported periods (2022-2024), drawing down assets.
- A declining trend in total assets since 2021 ($108,081 to $71,536 in 2024).
Strengths
The following positive indicators were identified for Pet Assistance Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and direct mission focus.
- No reported liabilities in any filing period, demonstrating strong financial management and solvency.
- Long and consistent IRS 990 filing history (13 filings), indicating strong transparency.
- Maintains a healthy asset base relative to its revenue, providing financial stability.
Frequently Asked Questions about Pet Assistance Inc
Is Pet Assistance Inc. a good charity?
Based on the provided data, Pet Assistance Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating that donations are not used for executive salaries, and it maintains a transparent filing history with no liabilities.
How does Pet Assistance Inc. manage its finances?
Pet Assistance Inc. manages its finances conservatively, operating with no reported liabilities and maintaining a stable asset base. While recent years show expenses exceeding revenue (e.g., $29,990 expenses vs. $22,559 revenue in 2024), its historical asset accumulation provides a buffer.
What is the trend in Pet Assistance Inc.'s assets?
Pet Assistance Inc.'s assets peaked at $108,081 in 2021 and have since seen a decline to $71,536 in 2024. This trend should be monitored, especially in light of recent periods where expenses have exceeded revenue.
Filing History
IRS 990 filing history for Pet Assistance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Pet Assistance Inc's revenue has grown by 149.5%, moving from $9K to $23K. Total assets decreased by 11.8% over the same period, from $81K to $72K. Total functional expenses rose by 196%, from $10K to $30K. In its most recent filing year (2024), Pet Assistance Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $23K | $30K | $72K | $0 | — | — |
| 2023 | $27K | $33K | $79K | $0 | — | — |
| 2022 | $29K | $35K | $90K | $0 | — | — |
| 2021 | $37K | $33K | $108K | $0 | — | — |
| 2020 | $32K | $25K | $101K | $0 | — | View 990 |
| 2019 | $25K | $30K | $94K | $0 | — | View 990 |
| 2018 | $35K | $21K | $95K | $0 | — | View 990 |
| 2017 | $30K | $21K | $85K | $0 | — | View 990 |
| 2016 | $23K | $23K | $81K | $0 | — | View 990 |
| 2015 | $22K | $18K | $73K | $0 | — | View 990 |
| 2014 | $16K | $16K | $70K | $0 | — | View 990 |
| 2013 | $11K | $16K | $70K | $0 | — | View 990 |
| 2012 | $9K | $10K | $81K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $23K, expenses of $30K, and assets of $72K (revenue -16.3% year-over-year).
- 2023: Revenue of $27K, expenses of $33K, and assets of $79K (revenue -7.1% year-over-year).
- 2022: Revenue of $29K, expenses of $35K, and assets of $90K (revenue -20.6% year-over-year).
- 2021: Revenue of $37K, expenses of $33K, and assets of $108K (revenue +16.0% year-over-year).
- 2020: Revenue of $32K, expenses of $25K, and assets of $101K (revenue +25.3% year-over-year).
- 2019: Revenue of $25K, expenses of $30K, and assets of $94K (revenue -27.9% year-over-year).
- 2018: Revenue of $35K, expenses of $21K, and assets of $95K (revenue +17.2% year-over-year).
- 2017: Revenue of $30K, expenses of $21K, and assets of $85K (revenue +31.4% year-over-year).
- 2016: Revenue of $23K, expenses of $23K, and assets of $81K (revenue +2.9% year-over-year).
- 2015: Revenue of $22K, expenses of $18K, and assets of $73K (revenue +41.8% year-over-year).
- 2014: Revenue of $16K, expenses of $16K, and assets of $70K (revenue +35.3% year-over-year).
- 2013: Revenue of $11K, expenses of $16K, and assets of $70K (revenue +26.9% year-over-year).
- 2012: Revenue of $9K, expenses of $10K, and assets of $81K.
Data Sources and Methodology
This transparency report for Pet Assistance 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.