Suncoast Animal League

Is Suncoast Animal League Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Suncoast Animal League directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Suncoast Animal League

Suncoast Animal League (EIN: 20787661) is a nonprofit organization based in Palm Harbor, FL, classified under NTEE code D20. The organization reported total revenue of $1.4M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suncoast Animal League's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Suncoast Animal League 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, Suncoast Animal League 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

Suncoast Animal League consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size with over $1 million in annual revenue and suggests a strong volunteer-driven leadership or that compensation is structured differently and not reported as officer compensation.

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 Suncoast Animal League:

• Consistent revenue growth, increasing from $568,321 in 2014 to $1,056,694 in 2023.
• Significant asset accumulation, growing from $98,698 in 2014 to $1,112,341 in 2023, indicating strong financial health.
• Zero reported officer compensation across all 14 filings, demonstrating a strong commitment to directing funds to the mission.
• Expenses consistently below revenue, leading to healthy surpluses and asset growth (e.g., 2023 revenue $1,056,694 vs. expenses $882,490).
• Low liabilities relative to assets, indicating strong financial stability (e.g., 2023 assets $1,112,341 vs. liabilities $872).

Frequently Asked Questions about Suncoast Animal League

Filing History

IRS 990 filing history for Suncoast Animal League showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Suncoast Animal League's revenue has grown by 491.8%, moving from $179K to $1.1M. Total assets increased by 19902.5% over the same period, from $6K to $1.1M. Total functional expenses rose by 374.8%, from $186K to $882K. In its most recent filing year (2023), Suncoast Animal League reported a surplus of $174K, with revenue exceeding expenses. The organization holds $872 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.1M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.1M, expenses of $882K, and assets of $1.1M (revenue +11.6% year-over-year).
• 2022: Revenue of $947K, expenses of $897K, and assets of $938K (revenue -14.7% year-over-year).
• 2021: Revenue of $1.1M, expenses of $858K, and assets of $937K (revenue +0.9% year-over-year).
• 2020: Revenue of $1.1M, expenses of $762K, and assets of $684K (revenue +18.1% year-over-year).
• 2019: Revenue of $932K, expenses of $724K, and assets of $296K (revenue +30.1% year-over-year).
• 2018: Revenue of $717K, expenses of $735K, and assets of $88K (revenue +9.0% year-over-year).
• 2017: Revenue of $657K, expenses of $596K, and assets of $106K (revenue +19.6% year-over-year).
• 2016: Revenue of $549K, expenses of $644K, and assets of $44K (revenue -23.3% year-over-year).
• 2015: Revenue of $716K, expenses of $676K, and assets of $139K (revenue +26.0% year-over-year).
• 2014: Revenue of $568K, expenses of $490K, and assets of $99K (revenue +85.6% year-over-year).
• 2013: Revenue of $306K, expenses of $325K, and assets of $20K (revenue +15.6% year-over-year).
• 2012: Revenue of $265K, expenses of $231K, and assets of $39K (revenue +16.4% year-over-year).
• 2011: Revenue of $227K, expenses of $228K, and assets of $6K (revenue +27.4% year-over-year).
• 2010: Revenue of $179K, expenses of $186K, and assets of $6K.

Data Sources and Methodology

This transparency report for Suncoast Animal League 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.