Shelters Of Saratoga Inc

Shelters Of Saratoga Inc shows consistent growth and zero officer compensation across all reported filings.

EIN: 141758441 · Saratoga Spgs, NY · NTEE: L99Z · Updated: 2026-03-28

$4.9MRevenue

$7.0MAssets

95/100Mission Score (Excellent)

L99Z

About Shelters Of Saratoga Inc

Shelters Of Saratoga Inc (EIN: 141758441) is a nonprofit organization based in Saratoga Spgs, NY, classified under NTEE code L99Z. The organization reported total revenue of $4.9M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shelters Of Saratoga Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Shelters Of Saratoga Inc demonstrates a generally healthy financial position with consistent revenue growth over the past decade, culminating in latest reported revenue of $4,899,887 and assets of $7,031,486. The organization consistently operates with a surplus, as seen in the 202406 period where revenue of $2,217,187 exceeded expenses of $1,742,165. This indicates sound financial management and an ability to build reserves. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, enhancing its spending efficiency and public trust.

While specific program spending ratios are not explicitly detailed in the provided data, the consistent operational surpluses and zero officer compensation imply a high likelihood of efficient resource allocation. The organization's assets have also shown significant growth, from $1,366,325 in 201406 to $7,031,486 currently, indicating effective asset management and financial stability. The low liabilities relative to assets further underscore its robust financial health.

Transparency appears strong given the consistent filing of IRS Form 990s over 13 periods. The lack of reported officer compensation is a notable positive for transparency and public perception regarding how donor funds are utilized. Overall, Shelters Of Saratoga Inc appears to be a well-managed and financially stable nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Shelters Of Saratoga Inc with a Mission Score of 95 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, Shelters Of Saratoga Inc 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with current revenue of $4,899,887 and suggests a strong dedication to mission over executive pay.

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.

Strengths

The following positive indicators were identified for Shelters Of Saratoga Inc:

Consistent revenue growth, from $716,815 in 201406 to $4,899,887 currently.
Significant asset growth, from $1,366,325 in 201406 to $7,031,486 currently.
Zero reported officer compensation across all 13 available IRS 990 filings.
Consistent operational surpluses, indicating sound financial management (e.g., 202406 revenue $2,217,187 vs. expenses $1,742,165).
Low liabilities relative to assets, indicating strong financial stability.

Frequently Asked Questions about Shelters Of Saratoga Inc

Is Shelters Of Saratoga Inc a good charity?

Based on the provided financial data, Shelters Of Saratoga Inc appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth, significant asset accumulation, and a remarkable record of 0% officer compensation across all reported periods, suggesting a high dedication to its mission.

How has Shelters Of Saratoga Inc's financial health changed over time?

Shelters Of Saratoga Inc has shown significant financial growth and improved health over time. Revenue has increased from $716,815 in 201406 to $4,899,887 currently, and assets have grown from $1,366,325 to $7,031,486 in the same period. The organization consistently maintains a surplus, indicating sound financial management.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is highly conservative, with 0% reported officer compensation across all 13 available IRS 990 filings. This indicates that no officers received salaries or other compensation from the organization, which is a strong positive for directing funds to programs.

Filing History

IRS 990 filing history for Shelters Of Saratoga Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2024), Shelters Of Saratoga Inc's revenue has grown by 173.8%, moving from $810K to $2.2M. Total assets increased by 186.1% over the same period, from $1.5M to $4.4M. Total functional expenses rose by 94.3%, from $897K to $1.7M. In its most recent filing year (2024), Shelters Of Saratoga Inc reported a surplus of $475K, with revenue exceeding expenses. The organization holds $420K in liabilities against $4.4M in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $4.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$2.2M	$1.7M	$4.4M	$420K	—	View 990
2023	$1.7M	$1.6M	$3.6M	$281K	—	View 990
2022	$2.4M	$1.7M	$3.3M	$173K	—	View 990
2021	$2.8M	$1.5M	$2.9M	$347K	—	—
2020	$1.6M	$1.6M	$2.4M	$1.2M	—	View 990
2019	$1.2M	$1.2M	$1.5M	$310K	—	View 990
2018	$1.1M	$1.1M	$1.5M	$321K	—	View 990
2017	$1.2M	$959K	$1.6M	$372K	—	View 990
2016	$922K	$870K	$1.4M	$422K	—	View 990
2014	$717K	$714K	$1.4M	$186K	—	View 990
2013	$561K	$612K	$1.4M	$190K	—	View 990
2012	$426K	$550K	$1.4M	$178K	—	View 990
2011	$810K	$897K	$1.5M	$178K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $2.2M, expenses of $1.7M, and assets of $4.4M (revenue +27.3% year-over-year).
2023: Revenue of $1.7M, expenses of $1.6M, and assets of $3.6M (revenue -28.9% year-over-year).
2022: Revenue of $2.4M, expenses of $1.7M, and assets of $3.3M (revenue -12.3% year-over-year).
2021: Revenue of $2.8M, expenses of $1.5M, and assets of $2.9M (revenue +69.3% year-over-year).
2020: Revenue of $1.6M, expenses of $1.6M, and assets of $2.4M (revenue +38.8% year-over-year).
2019: Revenue of $1.2M, expenses of $1.2M, and assets of $1.5M (revenue +8.1% year-over-year).
2018: Revenue of $1.1M, expenses of $1.1M, and assets of $1.5M (revenue -5.9% year-over-year).
2017: Revenue of $1.2M, expenses of $959K, and assets of $1.6M (revenue +26.6% year-over-year).
2016: Revenue of $922K, expenses of $870K, and assets of $1.4M (revenue +28.7% year-over-year).
2014: Revenue of $717K, expenses of $714K, and assets of $1.4M (revenue +27.8% year-over-year).
2013: Revenue of $561K, expenses of $612K, and assets of $1.4M (revenue +31.8% year-over-year).
2012: Revenue of $426K, expenses of $550K, and assets of $1.4M (revenue -47.4% year-over-year).
2011: Revenue of $810K, expenses of $897K, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Shelters Of Saratoga 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.