The Pet Ring Foundation
The Pet Ring Foundation shows no recent revenue or assets, with its last active filing in 2014 reporting a financial deficit.
EIN: 205095417 · Casper, WY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $202K |
| Net Assets | $-24,791 |
| Transparency Score | 20/100 |
Is The Pet Ring Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Pet Ring Foundation
The Pet Ring Foundation (EIN: 205095417) is a nonprofit organization based in Casper, WY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Pet Ring Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Pet Ring Foundation is a small nonprofit, with 2 years of IRS 990 filings on record (2010–2014).
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $202K |
| Surplus / Deficit | $-29,002 |
| Total Assets | $31K |
| Total Liabilities | $56K |
| Net Assets | $-24,791 |
| Operating Margin | -16.8% |
| Debt-to-Asset Ratio | 179.6% |
| Months of Reserves | 1.8 months |
Financial Health Grade: D
In 2014, The Pet Ring Foundation reported a deficit of $29K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 179.6% (high leverage).
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Pet Ring Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, The Pet Ring Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 179.6%.
Executive Compensation Analysis
Officer compensation was reported as 0% in both available filings, suggesting that executives were not compensated or that the organization was volunteer-run during these periods, which is appropriate given its small size and financial state.
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 The Pet Ring Foundation's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential inactivity or dissolution.
- Significant gap in filing history with no data after 2014.
- Negative net assets in the 201412 period (Assets $31,149 vs. Liabilities $55,940).
- Expenses ($202,111) exceeded revenue ($173,109) in the 201412 period.
Strengths
The following positive indicators were identified for The Pet Ring Foundation:
- Reported 0% officer compensation in available filings, indicating a volunteer-driven approach or efficient use of limited funds for executive roles.
Frequently Asked Questions about The Pet Ring Foundation
Is The Pet Ring Foundation a legitimate charity?
The Pet Ring Foundation (EIN: 205095417) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 20/100. It has 2 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: D.
How does The Pet Ring Foundation spend its money?
The Pet Ring Foundation reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Pet Ring Foundation tax-deductible?
The Pet Ring Foundation is registered as a tax-exempt nonprofit (EIN: 205095417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Pet Ring Foundation located?
The Pet Ring Foundation is headquartered in Casper, Wyoming and files with the IRS under EIN 205095417.
How many years of IRS 990 filings does The Pet Ring Foundation have?
The Pet Ring Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is The Pet Ring Foundation currently active?
Based on the latest reported revenue and assets of $0 and the absence of filings after 2014, it is highly questionable whether The Pet Ring Foundation is currently active.
What were the specific program activities of The Pet Ring Foundation?
The provided data does not detail specific program activities. Further investigation into their 2014 Form 990 would be needed to understand their programs.
Why is there a significant gap in filing history and no recent financial data?
The reasons for the gap in filing history and lack of recent data are not provided in the summary. This could indicate inactivity, dissolution, or a failure to file required documents.
Filing History
IRS 990 filing history for The Pet Ring Foundation showing financial trends over 2 years of public records:
Total assets increased by 3114800% over the same period, from $1 to $31K. In its most recent filing year (2014), The Pet Ring Foundation reported a deficit of $29K, with expenses exceeding revenue. The organization holds $56K in liabilities against $31K in assets (debt-to-asset ratio: 179.6%), resulting in net assets of $-24,791.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $173K | $202K | $31K | $56K | — | View 990 |
| 2010 | $0 | $0 | $1 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Pet Ring Foundation:
Data Sources and Methodology
This transparency report for The Pet Ring Foundation 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.