Town Cats Inc
EIN: 522181508 · Berlin, MD · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $154K |
| Total Expenses | $180K |
| Net Assets | $34K |
Is Town Cats Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Town Cats Inc
Town Cats Inc (EIN: 522181508) is a nonprofit organization based in Berlin, MD, classified under NTEE code D20. The organization reported total revenue of $154K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Town Cats Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Town Cats Inc is a small nonprofit that has been operating for 27 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $180K |
| Surplus / Deficit | +$3K |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | 1.6% |
| Months of Reserves | 2.3 months |
Financial Health Grade: A
In 2023, Town Cats Inc reported a surplus of $3K with revenue exceeding expenses, holds 2.3 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2017–2023), Town Cats Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.7% | +23.4% | +9.0% |
| 2022 | +37.6% | +83.8% | -42.1% |
| 2021 | +69.1% | +83.2% | +22.4% |
| 2020 | -24.5% | -4.5% | +27.1% |
| 2019 | +102.1% | +40.6% | +236.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Town Cats Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Town Cats Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Town Cats Inc
Is Town Cats Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Town Cats Inc (EIN: 522181508) insufficient data. 0 red flags identified, 0 strengths noted.
How does Town Cats Inc spend its money?
Detailed spending breakdown data is not yet available for Town Cats Inc. Check back for updated IRS 990 analysis.
Are donations to Town Cats Inc tax-deductible?
Town Cats Inc is registered as a tax-exempt nonprofit (EIN: 522181508). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Town Cats Inc located?
Town Cats Inc is headquartered in Berlin, Maryland and files with the IRS under EIN 522181508. It is classified under NTEE code D20.
How many years of IRS 990 filings does Town Cats Inc have?
Town Cats Inc has 7 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 $154K in total revenue.
Filing History
IRS 990 filing history for Town Cats Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Town Cats Inc's revenue has grown by 188.3%, moving from $63K to $183K. Total assets increased by 245.7% over the same period, from $10K to $34K. Total functional expenses rose by 162.7%, from $69K to $180K. In its most recent filing year (2023), Town Cats Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $183K | $180K | $34K | $0 | — | View 990 |
| 2022 | $123K | $146K | $32K | $0 | — | View 990 |
| 2021 | $89K | $79K | $55K | $0 | — | View 990 |
| 2020 | $53K | $43K | $45K | $0 | — | — |
| 2019 | $70K | $45K | $35K | $0 | — | View 990 |
| 2018 | $35K | $32K | $10K | $0 | — | View 990 |
| 2017 | $63K | $69K | $10K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $183K, expenses of $180K, and assets of $34K (revenue +48.7% year-over-year).
- 2022: Revenue of $123K, expenses of $146K, and assets of $32K (revenue +37.6% year-over-year).
- 2021: Revenue of $89K, expenses of $79K, and assets of $55K (revenue +69.1% year-over-year).
- 2020: Revenue of $53K, expenses of $43K, and assets of $45K (revenue -24.5% year-over-year).
- 2019: Revenue of $70K, expenses of $45K, and assets of $35K (revenue +102.1% year-over-year).
- 2018: Revenue of $35K, expenses of $32K, and assets of $10K (revenue -45.4% year-over-year).
- 2017: Revenue of $63K, expenses of $69K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Town Cats Inc:
Data Sources and Methodology
This transparency report for Town Cats 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.