Primate Rescue Center Inc
EIN: 611325369 · Nicholasville, KY · NTEE: D340
| Metric | Value |
|---|---|
| Total Revenue | $421K |
| Total Expenses | $435K |
| Net Assets | $576K |
Is Primate Rescue Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Primate Rescue Center Inc
Primate Rescue Center Inc (EIN: 611325369) is a nonprofit organization based in Nicholasville, KY, classified under NTEE code D340. The organization reported total revenue of $421K and total assets of $513K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Primate Rescue Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Primate Rescue Center Inc is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $377K |
| Total Expenses | $435K |
| Surplus / Deficit | $-58,526 |
| Total Assets | $629K |
| Total Liabilities | $53K |
| Net Assets | $576K |
| Operating Margin | -15.5% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 17.3 months |
Financial Health Grade: B
In 2023, Primate Rescue Center Inc reported a deficit of $59K with expenses exceeding revenue, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Primate Rescue Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.2% | -18.4% | -5.6% |
| 2022 | -6.2% | +9.6% | -3.3% |
| 2021 | +43.8% | +7.0% | +17.5% |
| 2020 | -13.3% | -1.2% | -11.9% |
| 2019 | +5.3% | -1.9% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Primate Rescue Center Inc 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 Primate Rescue Center Inc 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 deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.4%.
Frequently Asked Questions about Primate Rescue Center Inc
Is Primate Rescue Center Inc a legitimate charity?
Primate Rescue Center Inc (EIN: 611325369) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $421K. No red flags identified. Financial health grade: B.
How does Primate Rescue Center Inc spend its money?
Primate Rescue Center Inc reported $421K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Primate Rescue Center Inc tax-deductible?
Primate Rescue Center Inc is registered as a tax-exempt nonprofit (EIN: 611325369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Primate Rescue Center Inc located?
Primate Rescue Center Inc is headquartered in Nicholasville, Kentucky and files with the IRS under EIN 611325369. It is classified under NTEE code D340.
How many years of IRS 990 filings does Primate Rescue Center Inc have?
Primate Rescue Center Inc 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 $421K in total revenue.
Filing History
IRS 990 filing history for Primate Rescue Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Primate Rescue Center Inc's revenue has declined by 18.7%, moving from $463K to $377K. Total assets decreased by 13% over the same period, from $722K to $629K. Total functional expenses fell by 1.4%, from $441K to $435K. In its most recent filing year (2023), Primate Rescue Center Inc reported a deficit of $59K, with expenses exceeding revenue. The organization holds $53K in liabilities against $629K in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $576K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $377K | $435K | $629K | $53K | — | View 990 |
| 2022 | $532K | $533K | $666K | $31K | — | View 990 |
| 2021 | $567K | $487K | $689K | $53K | — | View 990 |
| 2020 | $394K | $455K | $586K | $31K | — | — |
| 2019 | $454K | $460K | $666K | $49K | — | View 990 |
| 2018 | $431K | $469K | $651K | $29K | — | View 990 |
| 2017 | $406K | $420K | $674K | $15K | — | View 990 |
| 2016 | $431K | $402K | $696K | $23K | — | View 990 |
| 2015 | $380K | $419K | $666K | $21K | — | View 990 |
| 2014 | $417K | $422K | $701K | $17K | — | View 990 |
| 2013 | $492K | $491K | $717K | $27K | — | View 990 |
| 2012 | $398K | $421K | $702K | $14K | — | View 990 |
| 2011 | $463K | $441K | $722K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $377K, expenses of $435K, and assets of $629K (revenue -29.2% year-over-year).
- 2022: Revenue of $532K, expenses of $533K, and assets of $666K (revenue -6.2% year-over-year).
- 2021: Revenue of $567K, expenses of $487K, and assets of $689K (revenue +43.8% year-over-year).
- 2020: Revenue of $394K, expenses of $455K, and assets of $586K (revenue -13.3% year-over-year).
- 2019: Revenue of $454K, expenses of $460K, and assets of $666K (revenue +5.3% year-over-year).
- 2018: Revenue of $431K, expenses of $469K, and assets of $651K (revenue +6.3% year-over-year).
- 2017: Revenue of $406K, expenses of $420K, and assets of $674K (revenue -5.9% year-over-year).
- 2016: Revenue of $431K, expenses of $402K, and assets of $696K (revenue +13.6% year-over-year).
- 2015: Revenue of $380K, expenses of $419K, and assets of $666K (revenue -8.9% year-over-year).
- 2014: Revenue of $417K, expenses of $422K, and assets of $701K (revenue -15.3% year-over-year).
- 2013: Revenue of $492K, expenses of $491K, and assets of $717K (revenue +23.7% year-over-year).
- 2012: Revenue of $398K, expenses of $421K, and assets of $702K (revenue -14.2% year-over-year).
- 2011: Revenue of $463K, expenses of $441K, and assets of $722K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Primate Rescue Center Inc:
Data Sources and Methodology
This transparency report for Primate Rescue Center 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.