Rescue Charlies Friends
EIN: 825178257 · Woolwich, ME · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $389K |
| Total Expenses | $378K |
| Net Assets | $771K |
Is Rescue Charlies Friends Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rescue Charlies Friends
Rescue Charlies Friends (EIN: 825178257) is a nonprofit organization based in Woolwich, ME, classified under NTEE code D20. The organization reported total revenue of $389K and total assets of $832K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rescue Charlies Friends's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rescue Charlies Friends is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 32.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $503K |
| Total Expenses | $378K |
| Surplus / Deficit | +$125K |
| Total Assets | $836K |
| Total Liabilities | $65K |
| Net Assets | $771K |
| Operating Margin | 24.9% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 26.5 months |
Financial Health Grade: A
In 2023, Rescue Charlies Friends reported a surplus of $125K with revenue exceeding expenses, holds 26.5 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Rescue Charlies Friends's revenue has grown at a compound annual growth rate (CAGR) of 32.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | +22.2% | +22.0% |
| 2022 | -19.2% | +23.2% | +30.8% |
| 2021 | +199.0% | +29.1% | +688.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rescue Charlies Friends 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 Rescue Charlies Friends 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 $125K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.8%.
Frequently Asked Questions about Rescue Charlies Friends
Is Rescue Charlies Friends a legitimate charity?
Based on AI analysis of IRS 990 filings, Rescue Charlies Friends (EIN: 825178257) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rescue Charlies Friends spend its money?
Detailed spending breakdown data is not yet available for Rescue Charlies Friends. Check back for updated IRS 990 analysis.
Are donations to Rescue Charlies Friends tax-deductible?
Rescue Charlies Friends is registered as a tax-exempt nonprofit (EIN: 825178257). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rescue Charlies Friends located?
Rescue Charlies Friends is headquartered in Woolwich, Maine and files with the IRS under EIN 825178257. It is classified under NTEE code D20.
How many years of IRS 990 filings does Rescue Charlies Friends have?
Rescue Charlies Friends has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $389K in total revenue.
Filing History
IRS 990 filing history for Rescue Charlies Friends showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Rescue Charlies Friends's revenue has grown by 130.1%, moving from $219K to $503K. Total assets increased by 1157.4% over the same period, from $66K to $836K. Total functional expenses rose by 94.3%, from $194K to $378K. In its most recent filing year (2023), Rescue Charlies Friends reported a surplus of $125K, with revenue exceeding expenses. The organization holds $65K in liabilities against $836K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $771K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $503K | $378K | $836K | $65K | — | View 990 |
| 2022 | $528K | $309K | $685K | $46K | — | View 990 |
| 2021 | $654K | $251K | $524K | $103K | — | View 990 |
| 2020 | $219K | $194K | $66K | $49K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $503K, expenses of $378K, and assets of $836K (revenue -4.7% year-over-year).
- 2022: Revenue of $528K, expenses of $309K, and assets of $685K (revenue -19.2% year-over-year).
- 2021: Revenue of $654K, expenses of $251K, and assets of $524K (revenue +199.0% year-over-year).
- 2020: Revenue of $219K, expenses of $194K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rescue Charlies Friends:
Data Sources and Methodology
This transparency report for Rescue Charlies Friends 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.