Top Dog Foundation Inc
Top Dog Foundation Inc consistently maintains low expenses relative to revenue and reports no officer compensation.
EIN: 113710414 · New Germany, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $47K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $83,701. |
| Net Assets | $621K |
| Transparency Score | 85/100 |
Is Top Dog Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Top Dog Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Top Dog Foundation Inc
Top Dog Foundation Inc (EIN: 113710414) is a nonprofit organization based in New Germany, MN. The organization reported total revenue of $1.1M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Top Dog Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Top Dog Foundation Inc is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $47K |
| Surplus / Deficit | +$37K |
| Total Assets | $622K |
| Total Liabilities | $1K |
| Net Assets | $621K |
| Operating Margin | 44.3% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 160.1 months |
Financial Health Grade: A
In 2023, Top Dog Foundation Inc reported a surplus of $37K with revenue exceeding expenses, holds 160.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Top Dog Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.9% | +92.6% | +5.7% |
| 2022 | -69.7% | -69.7% | +4.5% |
| 2021 | +69.8% | -23.6% | +19.0% |
| 2020 | +30.2% | +21.1% | -0.5% |
| 2019 | +1.9% | +129.7% | +25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4200 |
| 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 Top Dog Foundation Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Top Dog Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is highly favorable for a nonprofit of its size with latest revenue of $83,701.
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 Top Dog Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Top Dog Foundation Inc:
- Consistent asset growth from $268,889 (2011) to $622,083 (2023)
- Expenses consistently lower than revenue (e.g., 2023: $46,623 expenses vs. $83,701 revenue)
- 0% officer compensation reported across all filings
- Low liabilities relative to assets (e.g., 2023: $1,275 liabilities vs. $622,083 assets)
Frequently Asked Questions about Top Dog Foundation Inc
Is Top Dog Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Top Dog Foundation Inc (EIN: 113710414) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Top Dog Foundation Inc spend its money?
Top Dog Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Top Dog Foundation Inc tax-deductible?
Top Dog Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113710414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Top Dog Foundation Inc CEO make?
Top Dog Foundation Inc's highest-compensated officer earns $83,701. annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Top Dog Foundation Inc's spending goes to programs?
Top Dog Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Top Dog Foundation Inc located?
Top Dog Foundation Inc is headquartered in New Germany, Minnesota and files with the IRS under EIN 113710414.
How many years of IRS 990 filings does Top Dog Foundation Inc have?
Top Dog Foundation Inc has 10 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 $1.1M in total revenue.
Is Top Dog Foundation Inc a good charity?
Based on the available data, Top Dog Foundation Inc appears to be a financially responsible organization with consistent asset growth and low expenses relative to revenue. The absence of officer compensation is a strong positive. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its efficiency.
How has Top Dog Foundation Inc's financial health changed over time?
Top Dog Foundation Inc has shown consistent financial growth and stability. Its assets have more than doubled from $268,889 in 2011 to $622,083 in 2023, and it generally operates with expenses well below its revenue, indicating prudent financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led model or that compensation falls below reporting thresholds, which is a strong indicator of fiscal conservatism.
Filing History
IRS 990 filing history for Top Dog Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Top Dog Foundation Inc's revenue has grown by 45.1%, moving from $58K to $84K. Total assets increased by 131.4% over the same period, from $269K to $622K. Total functional expenses fell by 15.6%, from $55K to $47K. In its most recent filing year (2023), Top Dog Foundation Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $1K in liabilities against $622K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $621K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $47K | $622K | $1K | — | View 990 |
| 2022 | $53K | $24K | $588K | $172 | — | View 990 |
| 2021 | $174K | $80K | $563K | $1K | — | View 990 |
| 2020 | $102K | $105K | $473K | $3K | — | View 990 |
| 2019 | $79K | $86K | $476K | $1 | — | View 990 |
| 2015 | $77K | $38K | $379K | $1 | — | View 990 |
| 2014 | $77K | $43K | $339K | $1 | — | View 990 |
| 2013 | $58K | $30K | $307K | $2K | — | View 990 |
| 2012 | $60K | $49K | $277K | $0 | — | View 990 |
| 2011 | $58K | $55K | $269K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $47K, and assets of $622K (revenue +58.9% year-over-year).
- 2022: Revenue of $53K, expenses of $24K, and assets of $588K (revenue -69.7% year-over-year).
- 2021: Revenue of $174K, expenses of $80K, and assets of $563K (revenue +69.8% year-over-year).
- 2020: Revenue of $102K, expenses of $105K, and assets of $473K (revenue +30.2% year-over-year).
- 2019: Revenue of $79K, expenses of $86K, and assets of $476K (revenue +1.9% year-over-year).
- 2015: Revenue of $77K, expenses of $38K, and assets of $379K (revenue +-0.0% year-over-year).
- 2014: Revenue of $77K, expenses of $43K, and assets of $339K (revenue +33.1% year-over-year).
- 2013: Revenue of $58K, expenses of $30K, and assets of $307K (revenue -3.2% year-over-year).
- 2012: Revenue of $60K, expenses of $49K, and assets of $277K (revenue +4.0% year-over-year).
- 2011: Revenue of $58K, expenses of $55K, and assets of $269K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Top Dog Foundation Inc:
Data Sources and Methodology
This transparency report for Top Dog Foundation 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.