Westfield Homeless Cat Project
Westfield Homeless Cat Project maintains stable finances with no executive compensation and growing assets.
EIN: 204923289 · Westfield, MA · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $351K |
| Total Expenses | $337K |
| Program Spending | 90% |
| Net Assets | $202K |
| Transparency Score | 92/100 |
Is Westfield Homeless Cat Project Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westfield Homeless Cat Project directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westfield Homeless Cat Project
Westfield Homeless Cat Project (EIN: 204923289) is a nonprofit organization based in Westfield, MA, classified under NTEE code D20. The organization reported total revenue of $351K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westfield Homeless Cat Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westfield Homeless Cat Project is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $304K |
| Total Expenses | $337K |
| Surplus / Deficit | $-32,383 |
| Total Assets | $211K |
| Total Liabilities | $8K |
| Net Assets | $202K |
| Operating Margin | -10.6% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Westfield Homeless Cat Project reported a deficit of $32K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Westfield Homeless Cat Project's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.0% | +2.8% | -11.8% |
| 2022 | +39.7% | +12.1% | +109.3% |
| 2021 | -4.9% | +6.3% | +57.3% |
| 2020 | +55.6% | +16.2% | +552.3% |
| 2019 | -12.6% | -6.2% | -43.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2006 |
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 Westfield Homeless Cat Project 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, Westfield Homeless Cat Project 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is highly commendable and suggests a volunteer-driven leadership model, maximizing funds available for program services.
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 Westfield Homeless Cat Project:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Consistent growth in assets, from $11,114 in 2019 to $210,561 in 2023, demonstrating financial stability.
- Low liabilities relative to assets, indicating a healthy balance sheet.
- Consistent filing of IRS Form 990s, demonstrating strong transparency.
- Strong revenue generation, with a peak of $460,899 in 2022.
Frequently Asked Questions about Westfield Homeless Cat Project
Is Westfield Homeless Cat Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Westfield Homeless Cat Project (EIN: 204923289) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Westfield Homeless Cat Project spend its money?
Westfield Homeless Cat Project directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Westfield Homeless Cat Project tax-deductible?
Westfield Homeless Cat Project is registered as a tax-exempt nonprofit (EIN: 204923289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Westfield Homeless Cat Project's spending goes to programs?
Westfield Homeless Cat Project directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Westfield Homeless Cat Project compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Westfield Homeless Cat Project 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 Westfield Homeless Cat Project located?
Westfield Homeless Cat Project is headquartered in Westfield, Massachusetts and files with the IRS under EIN 204923289. It is classified under NTEE code D20.
How many years of IRS 990 filings does Westfield Homeless Cat Project have?
Westfield Homeless Cat Project 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 $351K in total revenue.
Is Westfield Homeless Cat Project a good charity?
Based on the available IRS 990 data, Westfield Homeless Cat Project appears to be a very good charity. It demonstrates strong financial health, no executive compensation, and consistent growth in assets, all pointing to efficient use of donations for its mission.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing significantly from $11,114 in 2019 to $210,561 in 2023. While there was a slight deficit in 2023, this followed a substantial surplus in 2022, indicating overall stability and growth.
What is the trend in revenue and expenses?
Revenue has fluctuated but generally trended upwards, reaching a peak of $460,899 in 2022. Expenses have also increased over time, but the organization has managed to maintain a positive net position in most years, with a notable surplus in 2022.
Does the organization have high administrative costs?
The organization appears to have very low administrative costs, especially given the 0% reported officer compensation. This suggests that the vast majority of expenses are directed towards program activities and essential operational support.
Filing History
IRS 990 filing history for Westfield Homeless Cat Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Westfield Homeless Cat Project's revenue has grown by 159.3%, moving from $117K to $304K. Total assets increased by 1327.3% over the same period, from $15K to $211K. Total functional expenses rose by 207.7%, from $109K to $337K. In its most recent filing year (2023), Westfield Homeless Cat Project reported a deficit of $32K, with expenses exceeding revenue. The organization holds $8K in liabilities against $211K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $202K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $304K | $337K | $211K | $8K | — | — |
| 2022 | $461K | $328K | $239K | $4K | — | View 990 |
| 2021 | $330K | $292K | $114K | $13K | — | View 990 |
| 2020 | $347K | $275K | $72K | $9K | — | View 990 |
| 2019 | $223K | $237K | $11K | $20K | — | View 990 |
| 2018 | $255K | $252K | $20K | $0 | — | View 990 |
| 2017 | $216K | $210K | $17K | $0 | — | View 990 |
| 2016 | $175K | $187K | $11K | $0 | — | View 990 |
| 2015 | $142K | $159K | $26K | $3K | — | View 990 |
| 2014 | $181K | $152K | $41K | $3K | — | View 990 |
| 2013 | $121K | $122K | $13K | $3K | — | View 990 |
| 2012 | $106K | $109K | $15K | $3K | — | View 990 |
| 2011 | $117K | $109K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $304K, expenses of $337K, and assets of $211K (revenue -34.0% year-over-year).
- 2022: Revenue of $461K, expenses of $328K, and assets of $239K (revenue +39.7% year-over-year).
- 2021: Revenue of $330K, expenses of $292K, and assets of $114K (revenue -4.9% year-over-year).
- 2020: Revenue of $347K, expenses of $275K, and assets of $72K (revenue +55.6% year-over-year).
- 2019: Revenue of $223K, expenses of $237K, and assets of $11K (revenue -12.6% year-over-year).
- 2018: Revenue of $255K, expenses of $252K, and assets of $20K (revenue +17.9% year-over-year).
- 2017: Revenue of $216K, expenses of $210K, and assets of $17K (revenue +23.9% year-over-year).
- 2016: Revenue of $175K, expenses of $187K, and assets of $11K (revenue +22.9% year-over-year).
- 2015: Revenue of $142K, expenses of $159K, and assets of $26K (revenue -21.4% year-over-year).
- 2014: Revenue of $181K, expenses of $152K, and assets of $41K (revenue +49.3% year-over-year).
- 2013: Revenue of $121K, expenses of $122K, and assets of $13K (revenue +14.6% year-over-year).
- 2012: Revenue of $106K, expenses of $109K, and assets of $15K (revenue -10.0% year-over-year).
- 2011: Revenue of $117K, expenses of $109K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westfield Homeless Cat Project:
Data Sources and Methodology
This transparency report for Westfield Homeless Cat Project 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.