Second Hand Purrs Shelter
Second Hand Purrs Shelter shows strong financial growth and zero executive compensation in its latest filing.
EIN: 201403441 · Milwaukee, WI · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $229K |
| Program Spending | 90% |
| Net Assets | $147K |
| Transparency Score | 92/100 |
Is Second Hand Purrs Shelter Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Second Hand Purrs Shelter directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Second Hand Purrs Shelter
Second Hand Purrs Shelter (EIN: 201403441) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code D20. The organization reported total revenue of $186K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second Hand Purrs Shelter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second Hand Purrs Shelter 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 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $325K |
| Total Expenses | $229K |
| Surplus / Deficit | +$96K |
| Total Assets | $147K |
| Net Assets | $147K |
| Operating Margin | 29.6% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Second Hand Purrs Shelter reported a surplus of $96K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Second Hand Purrs Shelter's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +143.8% | +36.2% | +188.4% |
| 2022 | +19.1% | +36.2% | -40.5% |
| 2021 | -33.8% | -30.0% | -11.8% |
| 2020 | +25.0% | +5.1% | -6.7% |
| 2019 | -10.7% | +23.7% | -23.6% |
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 Second Hand Purrs Shelter with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Second Hand Purrs Shelter allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $96K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size.
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 Second Hand Purrs Shelter's IRS 990 filings:
- Fluctuating revenue and expenses year-over-year, requiring careful monitoring of financial stability.
Strengths
The following positive indicators were identified for Second Hand Purrs Shelter:
- Consistent 0% officer compensation, indicating a highly efficient, volunteer-driven model.
- Strong financial growth in the latest filing (202312), with revenue significantly exceeding expenses.
- Consistent maintenance of assets and zero liabilities in most filing periods, demonstrating solvency.
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.
- Positive asset accumulation, reaching $146,946 in the latest period.
Frequently Asked Questions about Second Hand Purrs Shelter
Is Second Hand Purrs Shelter a legitimate charity?
Based on AI analysis of IRS 990 filings, Second Hand Purrs Shelter (EIN: 201403441) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Second Hand Purrs Shelter spend its money?
Second Hand Purrs Shelter directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Second Hand Purrs Shelter tax-deductible?
Second Hand Purrs Shelter is registered as a tax-exempt nonprofit (EIN: 201403441). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Second Hand Purrs Shelter's spending goes to programs?
Second Hand Purrs Shelter directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Second Hand Purrs Shelter compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Second Hand Purrs Shelter 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 Second Hand Purrs Shelter located?
Second Hand Purrs Shelter is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 201403441. It is classified under NTEE code D20.
How many years of IRS 990 filings does Second Hand Purrs Shelter have?
Second Hand Purrs Shelter 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 $186K in total revenue.
Is Second Hand Purrs Shelter a good charity?
Based on the IRS 990 data, Second Hand Purrs Shelter appears to be a good charity. They consistently report 0% officer compensation, indicating a volunteer-driven model, and have shown strong financial growth in their latest filing (202312) with revenue of $324,536 significantly exceeding expenses of $228,535.
How has Second Hand Purrs Shelter's financial health changed over time?
Second Hand Purrs Shelter's financial health has shown fluctuations but a positive overall trend. While there were periods of deficit spending (e.g., 202212, 202112), the organization has consistently maintained assets and zero liabilities in most years. The latest filing (202312) shows significant growth in revenue and assets, reaching $146,946, indicating improved financial stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to have none. All 13 available IRS 990 filings report 0% officer compensation, suggesting a fully volunteer-led executive team, which maximizes funds available for programs.
Does Second Hand Purrs Shelter manage its liabilities effectively?
Yes, Second Hand Purrs Shelter appears to manage its liabilities very effectively. In 12 out of 13 filings, liabilities are reported as $0. The only exception was 202012, where liabilities matched assets at $97,025, which could indicate a temporary balance sheet item rather than long-term debt.
Filing History
IRS 990 filing history for Second Hand Purrs Shelter showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Second Hand Purrs Shelter's revenue has grown by 151.1%, moving from $129K to $325K. Total assets increased by 768.7% over the same period, from $17K to $147K. Total functional expenses rose by 85.1%, from $123K to $229K. In its most recent filing year (2023), Second Hand Purrs Shelter reported a surplus of $96K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $325K | $229K | $147K | $0 | — | — |
| 2022 | $133K | $168K | $51K | $0 | — | View 990 |
| 2021 | $112K | $123K | $86K | $0 | — | View 990 |
| 2020 | $169K | $176K | $97K | $97K | — | View 990 |
| 2019 | $135K | $167K | $104K | $0 | — | View 990 |
| 2018 | $151K | $135K | $136K | $0 | — | View 990 |
| 2017 | $154K | $122K | $120K | $0 | — | View 990 |
| 2016 | $137K | $136K | $88K | $0 | — | View 990 |
| 2015 | $124K | $116K | $87K | $0 | — | View 990 |
| 2014 | $148K | $114K | $78K | $0 | — | View 990 |
| 2013 | $142K | $118K | $44K | $0 | — | View 990 |
| 2012 | $127K | $124K | $20K | $0 | — | View 990 |
| 2011 | $129K | $123K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $325K, expenses of $229K, and assets of $147K (revenue +143.8% year-over-year).
- 2022: Revenue of $133K, expenses of $168K, and assets of $51K (revenue +19.1% year-over-year).
- 2021: Revenue of $112K, expenses of $123K, and assets of $86K (revenue -33.8% year-over-year).
- 2020: Revenue of $169K, expenses of $176K, and assets of $97K (revenue +25.0% year-over-year).
- 2019: Revenue of $135K, expenses of $167K, and assets of $104K (revenue -10.7% year-over-year).
- 2018: Revenue of $151K, expenses of $135K, and assets of $136K (revenue -1.5% year-over-year).
- 2017: Revenue of $154K, expenses of $122K, and assets of $120K (revenue +12.2% year-over-year).
- 2016: Revenue of $137K, expenses of $136K, and assets of $88K (revenue +10.2% year-over-year).
- 2015: Revenue of $124K, expenses of $116K, and assets of $87K (revenue -16.0% year-over-year).
- 2014: Revenue of $148K, expenses of $114K, and assets of $78K (revenue +4.4% year-over-year).
- 2013: Revenue of $142K, expenses of $118K, and assets of $44K (revenue +11.4% year-over-year).
- 2012: Revenue of $127K, expenses of $124K, and assets of $20K (revenue -1.5% year-over-year).
- 2011: Revenue of $129K, expenses of $123K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second Hand Purrs Shelter:
Data Sources and Methodology
This transparency report for Second Hand Purrs Shelter 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.