Rycon Service Dogs
EIN: 465196162 · Raleigh, NC · NTEE: P8
| Metric | Value |
|---|---|
| Total Revenue | $576K |
| Total Expenses | $587K |
| Net Assets | $20K |
Is Rycon Service Dogs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rycon Service Dogs
Rycon Service Dogs (EIN: 465196162) is a nonprofit organization based in Raleigh, NC, classified under NTEE code P8. The organization reported total revenue of $576K and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rycon Service Dogs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rycon Service Dogs is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2016–2018). Revenue has grown at a compound annual rate of 133.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $576K |
| Total Expenses | $587K |
| Surplus / Deficit | $-10,853 |
| Total Assets | $133K |
| Total Liabilities | $114K |
| Net Assets | $20K |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 85.3% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2018, Rycon Service Dogs reported a deficit of $11K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 85.3% (high leverage).
Financial Trends
Over 3 years of filings (2016–2018), Rycon Service Dogs's revenue has grown at a compound annual growth rate (CAGR) of 133.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +112.2% | +127.4% | +33.7% |
| 2017 | +155.9% | +108.6% | +379.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rycon Service Dogs 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 Rycon Service Dogs 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 85.3%.
Frequently Asked Questions about Rycon Service Dogs
Is Rycon Service Dogs a legitimate charity?
Rycon Service Dogs (EIN: 465196162) is a registered tax-exempt nonprofit based in North Carolina. It has 3 years of IRS 990 filings on record. Total revenue: $576K. No red flags identified. Financial health grade: D.
How does Rycon Service Dogs spend its money?
Rycon Service Dogs reported $576K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rycon Service Dogs tax-deductible?
Rycon Service Dogs is registered as a tax-exempt nonprofit (EIN: 465196162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rycon Service Dogs located?
Rycon Service Dogs is headquartered in Raleigh, North Carolina and files with the IRS under EIN 465196162. It is classified under NTEE code P8.
How many years of IRS 990 filings does Rycon Service Dogs have?
Rycon Service Dogs has 3 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 $576K in total revenue.
Filing History
IRS 990 filing history for Rycon Service Dogs showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2016–2018), Rycon Service Dogs's revenue has grown by 443.1%, moving from $106K to $576K. Total assets increased by 541.8% over the same period, from $21K to $133K. Total functional expenses rose by 374.3%, from $124K to $587K. In its most recent filing year (2018), Rycon Service Dogs reported a deficit of $11K, with expenses exceeding revenue. The organization holds $114K in liabilities against $133K in assets (debt-to-asset ratio: 85.3%), resulting in net assets of $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $576K | $587K | $133K | $114K | — | View 990 |
| 2017 | $272K | $258K | $100K | $69K | — | View 990 |
| 2016 | $106K | $124K | $21K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $576K, expenses of $587K, and assets of $133K (revenue +112.2% year-over-year).
- 2017: Revenue of $272K, expenses of $258K, and assets of $100K (revenue +155.9% year-over-year).
- 2016: Revenue of $106K, expenses of $124K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rycon Service Dogs:
Data Sources and Methodology
This transparency report for Rycon Service Dogs 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.