Spay Neuter Network
Spay Neuter Network shows consistent revenue, asset growth, and no reported officer compensation over the past decade.
EIN: 200276988 · Crandall, TX · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.6M |
| Total Expenses | $4.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $11.2M |
| Transparency Score | 90/100 |
Is Spay Neuter Network Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spay Neuter Network directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spay Neuter Network
Spay Neuter Network (EIN: 200276988) is a nonprofit organization based in Crandall, TX, classified under NTEE code D20. The organization reported total revenue of $20.6M and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spay Neuter Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spay Neuter Network is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.2M |
| Surplus / Deficit | +$477K |
| Total Assets | $11.5M |
| Total Liabilities | $338K |
| Net Assets | $11.2M |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 32.8 months |
Financial Health Grade: A
In 2023, Spay Neuter Network reported a surplus of $477K with revenue exceeding expenses, holds 32.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Spay Neuter Network's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.9% | +26.9% | +13.4% |
| 2022 | -41.1% | -7.4% | -12.9% |
| 2021 | +14.3% | -0.3% | +18.2% |
| 2020 | -8.2% | -18.3% | +10.0% |
| 2019 | -38.2% | +8.8% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Spay Neuter Network with a Mission Score of 90 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, Spay Neuter Network 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 surplus of $477K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a nonprofit of its size with over $4 million in annual expenses.
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 Spay Neuter Network:
- Consistent revenue generation and financial surpluses, as seen in 2023 ($4,684,460 revenue vs. $4,207,683 expenses).
- Significant asset growth over the past decade, from $3,199,777 in 2014 to $11,493,811 in 2023.
- Zero reported officer compensation across all 13 filings, indicating strong commitment to mission-focused spending.
- Low liabilities relative to assets, suggesting strong financial stability and prudent management.
- Positive net assets in every reported period, demonstrating long-term financial health.
Frequently Asked Questions about Spay Neuter Network
Is Spay Neuter Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Spay Neuter Network (EIN: 200276988) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Spay Neuter Network spend its money?
Spay Neuter Network directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spay Neuter Network tax-deductible?
Spay Neuter Network is registered as a tax-exempt nonprofit (EIN: 200276988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Spay Neuter Network CEO make?
Spay Neuter Network's highest-compensated officer earns $4 annually. The organization reported $20.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Spay Neuter Network's spending goes to programs?
Spay Neuter Network directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spay Neuter Network compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Spay Neuter Network 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 Spay Neuter Network located?
Spay Neuter Network is headquartered in Crandall, Texas and files with the IRS under EIN 200276988. It is classified under NTEE code D20.
How many years of IRS 990 filings does Spay Neuter Network have?
Spay Neuter Network 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 $20.6M in total revenue.
Is Spay Neuter Network a good charity?
Based on the provided financial data, Spay Neuter Network appears to be a well-managed and financially healthy charity. They consistently generate surpluses, grow their assets, and report no officer compensation, all of which are positive indicators.
How has Spay Neuter Network's financial health changed over time?
Spay Neuter Network has shown significant financial growth and stability over the past decade. Revenue has generally increased, and assets have more than tripled from $3,199,777 in 2014 to $11,493,811 in 2023, while liabilities have remained manageable.
What is the trend in Spay Neuter Network's revenue?
Spay Neuter Network's revenue has fluctuated but shown an overall upward trend, with the latest reported revenue at $4,684,460 in 2023, and a peak of $7,494,534 in 2018. This indicates a strong ability to attract funding.
Filing History
IRS 990 filing history for Spay Neuter Network showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spay Neuter Network's revenue has grown by 285.6%, moving from $1.2M to $4.7M. Total assets increased by 579.2% over the same period, from $1.7M to $11.5M. Total functional expenses rose by 339.1%, from $958K to $4.2M. In its most recent filing year (2023), Spay Neuter Network reported a surplus of $477K, with revenue exceeding expenses. The organization holds $338K in liabilities against $11.5M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $11.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.2M | $11.5M | $338K | — | — |
| 2022 | $2.9M | $3.3M | $10.1M | $190K | — | View 990 |
| 2021 | $4.9M | $3.6M | $11.6M | $165K | — | View 990 |
| 2020 | $4.2M | $3.6M | $9.9M | $65K | — | View 990 |
| 2019 | $4.6M | $4.4M | $9.0M | $113K | — | View 990 |
| 2018 | $7.5M | $4.0M | $8.3M | $134K | — | View 990 |
| 2017 | $4.6M | $2.8M | $5.0M | $67K | — | View 990 |
| 2016 | $1.7M | $1.8M | $3.2M | $40K | — | View 990 |
| 2015 | $2.0M | $1.8M | $3.3M | $73K | — | View 990 |
| 2014 | $1.9M | $1.5M | $3.2M | $610K | — | View 990 |
| 2013 | $1.6M | $1.3M | $2.6M | $360K | — | View 990 |
| 2012 | $1.4M | $1.1M | $2.3M | $429K | — | View 990 |
| 2011 | $1.2M | $958K | $1.7M | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.2M, and assets of $11.5M (revenue +63.9% year-over-year).
- 2022: Revenue of $2.9M, expenses of $3.3M, and assets of $10.1M (revenue -41.1% year-over-year).
- 2021: Revenue of $4.9M, expenses of $3.6M, and assets of $11.6M (revenue +14.3% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.6M, and assets of $9.9M (revenue -8.2% year-over-year).
- 2019: Revenue of $4.6M, expenses of $4.4M, and assets of $9.0M (revenue -38.2% year-over-year).
- 2018: Revenue of $7.5M, expenses of $4.0M, and assets of $8.3M (revenue +62.3% year-over-year).
- 2017: Revenue of $4.6M, expenses of $2.8M, and assets of $5.0M (revenue +172.5% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.8M, and assets of $3.2M (revenue -13.6% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.8M, and assets of $3.3M (revenue +2.7% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.5M, and assets of $3.2M (revenue +16.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.3M, and assets of $2.6M (revenue +14.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.1M, and assets of $2.3M (revenue +18.5% year-over-year).
- 2011: Revenue of $1.2M, expenses of $958K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spay Neuter Network:
Data Sources and Methodology
This transparency report for Spay Neuter Network 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.