Pets For The Elderly Foundation
EIN: 341716060 · Cleveland, OH · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $351K |
| Net Assets | $335K |
Is Pets For The Elderly Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pets For The Elderly Foundation
Pets For The Elderly Foundation (EIN: 341716060) is a nonprofit organization based in Cleveland, OH, classified under NTEE code P80. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pets For The Elderly Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pets For The Elderly Foundation is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $409K |
| Total Expenses | $351K |
| Surplus / Deficit | +$57K |
| Total Assets | $335K |
| Net Assets | $335K |
| Operating Margin | 14.0% |
| Months of Reserves | 11.4 months |
Financial Health Grade: A
In 2023, Pets For The Elderly Foundation reported a surplus of $57K with revenue exceeding expenses, holds 11.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Pets For The Elderly Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.1% | -33.0% | +20.7% |
| 2022 | +48.0% | +70.5% | -24.3% |
| 2021 | -33.4% | +39.4% | -3.5% |
| 2020 | +26.9% | -31.0% | +139.5% |
| 2019 | +142.6% | +10.1% | +21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pets For The Elderly Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pets For The Elderly Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
Frequently Asked Questions about Pets For The Elderly Foundation
Is Pets For The Elderly Foundation a legitimate charity?
Pets For The Elderly Foundation (EIN: 341716060) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Pets For The Elderly Foundation spend its money?
Pets For The Elderly Foundation reported $1.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pets For The Elderly Foundation tax-deductible?
Pets For The Elderly Foundation is registered as a tax-exempt nonprofit (EIN: 341716060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pets For The Elderly Foundation located?
Pets For The Elderly Foundation is headquartered in Cleveland, Ohio and files with the IRS under EIN 341716060. It is classified under NTEE code P80.
How many years of IRS 990 filings does Pets For The Elderly Foundation have?
Pets For The Elderly Foundation 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Pets For The Elderly Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pets For The Elderly Foundation's revenue has grown by 50.8%, moving from $271K to $409K. Total assets increased by 127% over the same period, from $147K to $335K. Total functional expenses rose by 33%, from $264K to $351K. In its most recent filing year (2023), Pets For The Elderly Foundation reported a surplus of $57K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $409K | $351K | $335K | $0 | — | — |
| 2022 | $435K | $524K | $277K | $0 | — | View 990 |
| 2021 | $294K | $307K | $366K | $0 | — | View 990 |
| 2020 | $442K | $221K | $379K | $0 | — | — |
| 2019 | $348K | $320K | $158K | $0 | — | View 990 |
| 2018 | $143K | $290K | $130K | $0 | — | View 990 |
| 2017 | $278K | $286K | $277K | $0 | — | View 990 |
| 2016 | $345K | $248K | $286K | $0 | — | View 990 |
| 2015 | $203K | $244K | $189K | $0 | — | View 990 |
| 2014 | $400K | $264K | $230K | $0 | — | View 990 |
| 2013 | $188K | $253K | $95K | $0 | — | View 990 |
| 2012 | $255K | $243K | $160K | $0 | — | View 990 |
| 2011 | $271K | $264K | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $409K, expenses of $351K, and assets of $335K (revenue -6.1% year-over-year).
- 2022: Revenue of $435K, expenses of $524K, and assets of $277K (revenue +48.0% year-over-year).
- 2021: Revenue of $294K, expenses of $307K, and assets of $366K (revenue -33.4% year-over-year).
- 2020: Revenue of $442K, expenses of $221K, and assets of $379K (revenue +26.9% year-over-year).
- 2019: Revenue of $348K, expenses of $320K, and assets of $158K (revenue +142.6% year-over-year).
- 2018: Revenue of $143K, expenses of $290K, and assets of $130K (revenue -48.3% year-over-year).
- 2017: Revenue of $278K, expenses of $286K, and assets of $277K (revenue -19.5% year-over-year).
- 2016: Revenue of $345K, expenses of $248K, and assets of $286K (revenue +69.8% year-over-year).
- 2015: Revenue of $203K, expenses of $244K, and assets of $189K (revenue -49.2% year-over-year).
- 2014: Revenue of $400K, expenses of $264K, and assets of $230K (revenue +112.8% year-over-year).
- 2013: Revenue of $188K, expenses of $253K, and assets of $95K (revenue -26.4% year-over-year).
- 2012: Revenue of $255K, expenses of $243K, and assets of $160K (revenue -5.8% year-over-year).
- 2011: Revenue of $271K, expenses of $264K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pets For The Elderly Foundation:
Data Sources and Methodology
This transparency report for Pets For The Elderly Foundation 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.