Red Lake Rosies Rescue Inc
Red Lake Rosies Rescue Inc maintains strong assets and zero officer compensation, despite a recent operating deficit in 2023.
EIN: 203917194 · Trail, MN · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $247K |
| Total Expenses | $264K |
| Program Spending | 85% |
| Net Assets | $947K |
| Transparency Score | 85/100 |
Is Red Lake Rosies Rescue Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Red Lake Rosies Rescue Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Red Lake Rosies Rescue Inc
Red Lake Rosies Rescue Inc (EIN: 203917194) is a nonprofit organization based in Trail, MN, classified under NTEE code D20. The organization reported total revenue of $247K and total assets of $895K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Lake Rosies Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Red Lake Rosies Rescue Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $241K |
| Total Expenses | $264K |
| Surplus / Deficit | $-22,682 |
| Total Assets | $947K |
| Total Liabilities | $375 |
| Net Assets | $947K |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.1 months |
Financial Health Grade: B
In 2023, Red Lake Rosies Rescue Inc reported a deficit of $23K with expenses exceeding revenue, holds 43.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Red Lake Rosies Rescue Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.7% | +9.1% | -2.4% |
| 2022 | -43.9% | +26.6% | +14.1% |
| 2021 | +101.5% | +6.3% | +113.8% |
| 2020 | +50.4% | -18.5% | +63.0% |
| 2019 | -7.9% | +9.6% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Red Lake Rosies Rescue Inc with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, Red Lake Rosies Rescue Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for minimizing administrative costs.
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 Red Lake Rosies Rescue Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($263,603 vs $240,921), indicating an operating deficit for that period.
Strengths
The following positive indicators were identified for Red Lake Rosies Rescue Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to minimizing administrative overhead.
- Significant growth in assets over the past decade, from $154,535 in 2014 to $947,068 in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
- Relatively low liabilities, peaking at $375 in 2023, suggesting sound financial management of debt.
Frequently Asked Questions about Red Lake Rosies Rescue Inc
Is Red Lake Rosies Rescue Inc a legitimate charity?
Red Lake Rosies Rescue Inc (EIN: 203917194) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $247K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Red Lake Rosies Rescue Inc spend its money?
Red Lake Rosies Rescue Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Red Lake Rosies Rescue Inc tax-deductible?
Red Lake Rosies Rescue Inc is registered as a tax-exempt nonprofit (EIN: 203917194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Red Lake Rosies Rescue Inc's spending goes to programs?
Red Lake Rosies Rescue Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Red Lake Rosies Rescue Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Red Lake Rosies Rescue Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Red Lake Rosies Rescue Inc located?
Red Lake Rosies Rescue Inc is headquartered in Trail, Minnesota and files with the IRS under EIN 203917194. It is classified under NTEE code D20.
How many years of IRS 990 filings does Red Lake Rosies Rescue Inc have?
Red Lake Rosies Rescue 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 $247K in total revenue.
Is Red Lake Rosies Rescue Inc a good charity?
Based on the available data, Red Lake Rosies Rescue Inc appears to be a good charity. It has a strong asset base, consistently reports 0% officer compensation, and has a long history of IRS 990 filings, indicating transparency. While there was an operating deficit in 2023, this follows several years of surplus and overall asset growth.
How has Red Lake Rosies Rescue Inc's financial health changed over time?
The organization's financial health has generally improved over time, with assets growing from $154,535 in 2014 to $947,068 in 2023. Revenue has fluctuated, with a significant peak in 2021 ($647,852), and expenses have generally increased in line with growth, though 2023 saw expenses exceed revenue.
What is the trend in Red Lake Rosies Rescue Inc's revenue and expenses?
Revenue has shown significant variability, with a high of $647,852 in 2021 and a low of $185,258 in 2017. Expenses have generally trended upwards from $166,359 in 2014 to $263,603 in 2023, with a notable instance in 2023 where expenses surpassed revenue.
Filing History
IRS 990 filing history for Red Lake Rosies Rescue Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Red Lake Rosies Rescue Inc's revenue has grown by 61.4%, moving from $149K to $241K. Total assets increased by 658.4% over the same period, from $125K to $947K. Total functional expenses rose by 90.3%, from $139K to $264K. In its most recent filing year (2023), Red Lake Rosies Rescue Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $375 in liabilities against $947K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $947K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $241K | $264K | $947K | $375 | — | — |
| 2022 | $364K | $242K | $970K | $800 | — | View 990 |
| 2021 | $648K | $191K | $850K | $2K | — | View 990 |
| 2020 | $322K | $180K | $398K | $1K | — | — |
| 2019 | $214K | $220K | $244K | $2K | — | View 990 |
| 2018 | $232K | $201K | $248K | $0 | — | View 990 |
| 2017 | $185K | $179K | $218K | $989 | — | View 990 |
| 2016 | $207K | $190K | $211K | $653 | — | View 990 |
| 2015 | $218K | $180K | $193K | $0 | — | View 990 |
| 2014 | $217K | $166K | $155K | $103 | — | View 990 |
| 2013 | $126K | $135K | $104K | $0 | — | View 990 |
| 2012 | $128K | $140K | $112K | $0 | — | View 990 |
| 2011 | $149K | $139K | $125K | $170 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $241K, expenses of $264K, and assets of $947K (revenue -33.7% year-over-year).
- 2022: Revenue of $364K, expenses of $242K, and assets of $970K (revenue -43.9% year-over-year).
- 2021: Revenue of $648K, expenses of $191K, and assets of $850K (revenue +101.5% year-over-year).
- 2020: Revenue of $322K, expenses of $180K, and assets of $398K (revenue +50.4% year-over-year).
- 2019: Revenue of $214K, expenses of $220K, and assets of $244K (revenue -7.9% year-over-year).
- 2018: Revenue of $232K, expenses of $201K, and assets of $248K (revenue +25.4% year-over-year).
- 2017: Revenue of $185K, expenses of $179K, and assets of $218K (revenue -10.6% year-over-year).
- 2016: Revenue of $207K, expenses of $190K, and assets of $211K (revenue -4.9% year-over-year).
- 2015: Revenue of $218K, expenses of $180K, and assets of $193K (revenue +0.6% year-over-year).
- 2014: Revenue of $217K, expenses of $166K, and assets of $155K (revenue +71.6% year-over-year).
- 2013: Revenue of $126K, expenses of $135K, and assets of $104K (revenue -1.6% year-over-year).
- 2012: Revenue of $128K, expenses of $140K, and assets of $112K (revenue -14.1% year-over-year).
- 2011: Revenue of $149K, expenses of $139K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Red Lake Rosies Rescue Inc:
Data Sources and Methodology
This transparency report for Red Lake Rosies Rescue 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.