Purrfect Pets Inc
EIN: 432027625 · Shawnee, KS · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $67K |
| Net Assets | $11K |
Is Purrfect Pets Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Purrfect Pets Inc
Purrfect Pets Inc (EIN: 432027625) is a nonprofit organization based in Shawnee, KS, classified under NTEE code D20. The organization reported total revenue of $64K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purrfect Pets Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Purrfect Pets Inc is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2010–2023). 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 | $68K |
| Total Expenses | $67K |
| Surplus / Deficit | +$410 |
| Total Assets | $23K |
| Total Liabilities | $11K |
| Net Assets | $11K |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 50.5% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Purrfect Pets Inc reported a surplus of $410 with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 50.5% (high leverage).
Financial Trends
Over 12 years of filings (2010–2023), Purrfect Pets Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.0% | -16.6% | +5.5% |
| 2022 | -15.5% | -9.8% | +28.3% |
| 2021 | -9.2% | -10.4% | +27.7% |
| 2020 | +15.7% | +5.4% | +10.8% |
| 2019 | +15.4% | +16.2% | +32.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Purrfect Pets 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 Purrfect Pets 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 surplus of $410, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.5%.
Frequently Asked Questions about Purrfect Pets Inc
Is Purrfect Pets Inc a legitimate charity?
Purrfect Pets Inc (EIN: 432027625) is a registered tax-exempt nonprofit based in Kansas. It has 12 years of IRS 990 filings on record. Total revenue: $64K. No red flags identified. Financial health grade: A.
How does Purrfect Pets Inc spend its money?
Purrfect Pets Inc reported $64K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Purrfect Pets Inc tax-deductible?
Purrfect Pets Inc is registered as a tax-exempt nonprofit (EIN: 432027625). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Purrfect Pets Inc located?
Purrfect Pets Inc is headquartered in Shawnee, Kansas and files with the IRS under EIN 432027625. It is classified under NTEE code D20.
How many years of IRS 990 filings does Purrfect Pets Inc have?
Purrfect Pets Inc has 12 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 $64K in total revenue.
Filing History
IRS 990 filing history for Purrfect Pets Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), Purrfect Pets Inc's revenue has grown by 55.6%, moving from $44K to $68K. Total assets decreased by 20.8% over the same period, from $29K to $23K. Total functional expenses rose by 56.3%, from $43K to $67K. In its most recent filing year (2023), Purrfect Pets Inc reported a surplus of $410, with revenue exceeding expenses. The organization holds $11K in liabilities against $23K in assets (debt-to-asset ratio: 50.5%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $67K | $23K | $11K | — | — |
| 2022 | $81K | $81K | $22K | $11K | — | View 990 |
| 2021 | $95K | $90K | $17K | $6K | — | — |
| 2020 | $105K | $100K | $13K | $8K | — | — |
| 2019 | $91K | $95K | $12K | $12K | — | View 990 |
| 2018 | $79K | $82K | $9K | $5K | — | View 990 |
| 2017 | $80K | $85K | $8K | $480 | — | View 990 |
| 2016 | $80K | $71K | $12K | $0 | — | View 990 |
| 2014 | $59K | $58K | $31K | $11K | — | View 990 |
| 2013 | $43K | $53K | $33K | $14K | — | View 990 |
| 2012 | $57K | $52K | $30K | $647 | — | View 990 |
| 2010 | $44K | $43K | $29K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $67K, and assets of $23K (revenue -16.0% year-over-year).
- 2022: Revenue of $81K, expenses of $81K, and assets of $22K (revenue -15.5% year-over-year).
- 2021: Revenue of $95K, expenses of $90K, and assets of $17K (revenue -9.2% year-over-year).
- 2020: Revenue of $105K, expenses of $100K, and assets of $13K (revenue +15.7% year-over-year).
- 2019: Revenue of $91K, expenses of $95K, and assets of $12K (revenue +15.4% year-over-year).
- 2018: Revenue of $79K, expenses of $82K, and assets of $9K (revenue -1.0% year-over-year).
- 2017: Revenue of $80K, expenses of $85K, and assets of $8K (revenue -0.5% year-over-year).
- 2016: Revenue of $80K, expenses of $71K, and assets of $12K (revenue +34.9% year-over-year).
- 2014: Revenue of $59K, expenses of $58K, and assets of $31K (revenue +38.5% year-over-year).
- 2013: Revenue of $43K, expenses of $53K, and assets of $33K (revenue -24.3% year-over-year).
- 2012: Revenue of $57K, expenses of $52K, and assets of $30K (revenue +29.8% year-over-year).
- 2010: Revenue of $44K, expenses of $43K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Purrfect Pets Inc:
Data Sources and Methodology
This transparency report for Purrfect Pets 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.