Young At Heart Pet Rescue Inc

Young At Heart Pet Rescue maintains strong assets with zero reported officer compensation, despite recent minor operating deficits.

EIN: 202476194 · Woodstock, IL · NTEE: D20 · Updated: 2026-03-28

$1.4MRevenue

$2.2MAssets

90/100Mission Score (Excellent)

D20

About Young At Heart Pet Rescue Inc

Young At Heart Pet Rescue Inc (EIN: 202476194) is a nonprofit organization based in Woodstock, IL, classified under NTEE code D20. The organization reported total revenue of $1.4M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young At Heart Pet Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Young At Heart Pet Rescue Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade. While the organization experienced a slight deficit in 2023 (expenses of $1,331,143 against revenue of $1,313,907) and 2022, it has historically managed its finances effectively, often generating surpluses. The organization's transparency is commendable, particularly given its consistent filing of IRS Form 990s and the explicit reporting of 0% officer compensation across all available filings, indicating a volunteer-led or very lean executive structure.

Spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, typical for an animal welfare organization. The absence of reported officer compensation suggests that donor funds are primarily allocated to operational costs and direct program delivery rather than executive salaries. The organization's asset growth from $347,756 in 2014 to $2,187,708 in 2023, despite some recent fluctuations, indicates a healthy accumulation of resources to support its mission.

Overall, Young At Heart Pet Rescue Inc appears to be a well-managed nonprofit with a strong commitment to its mission, evidenced by its financial stability, efficient use of funds (as implied by zero officer compensation), and consistent transparency through its IRS filings. The recent slight deficits warrant monitoring but do not overshadow a decade of generally positive financial performance and asset growth.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Young At Heart Pet Rescue Inc with a Mission Score of 90 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: 85%
fundraising: 5%

According to IRS 990 filings, Young At Heart Pet Rescue Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with over $1.3 million in annual revenue and suggests a very lean administrative structure.

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 Young At Heart Pet Rescue Inc's IRS 990 filings:

Recent operating deficits in 2022 and 2023 (Expenses exceeded Revenue by $196,741 in 2022 and $17,236 in 2023).

Strengths

The following positive indicators were identified for Young At Heart Pet Rescue Inc:

Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
Consistent asset growth over the past decade, from $347,756 in 2014 to $2,187,708 in 2023.
Strong history of IRS 990 filings (13 filings), demonstrating transparency.
Healthy asset-to-liability ratio, indicating financial solvency.

Frequently Asked Questions about Young At Heart Pet Rescue Inc

Is Young At Heart Pet Rescue Inc a good charity?

Based on its financial data, Young At Heart Pet Rescue Inc appears to be a good charity. It has consistently grown its assets, reports 0% officer compensation, and maintains a strong program focus, suggesting efficient use of donor funds.

How does Young At Heart Pet Rescue Inc manage its executive compensation?

The organization reports 0% officer compensation in all available IRS 990 filings, which is a strong indicator that executive leadership is either entirely volunteer or compensated through non-officer roles, maximizing funds for programs.

Has Young At Heart Pet Rescue Inc been financially stable?

Yes, the organization has generally been financially stable, growing its assets from $347,756 in 2014 to $2,187,708 in 2023. While there were minor operating deficits in 2022 and 2023, these follow several years of surpluses.

Filing History

IRS 990 filing history for Young At Heart Pet Rescue Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Young At Heart Pet Rescue Inc's revenue has grown by 894.3%, moving from $132K to $1.3M. Total assets increased by 2760.6% over the same period, from $76K to $2.2M. Total functional expenses rose by 1137.6%, from $108K to $1.3M. In its most recent filing year (2023), Young At Heart Pet Rescue Inc reported a deficit of $17K, with expenses exceeding revenue. The organization holds $506K in liabilities against $2.2M in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $1.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.3M	$1.3M	$2.2M	$506K	—	—
2022	$985K	$1.2M	$2.3M	$587K	—	View 990
2021	$1.1M	$1.1M	$2.5M	$603K	—	View 990
2020	$936K	$787K	$2.5M	$669K	—	View 990
2019	$764K	$610K	$2.3M	$682K	—	View 990
2018	$742K	$472K	$1.8M	$296K	—	View 990
2017	$529K	$401K	$1.2M	$11K	—	—
2016	$852K	$383K	$1.1M	$5K	—	View 990
2015	$580K	$344K	$567K	$440	—	View 990
2014	$350K	$283K	$348K	$17K	—	View 990
2013	$264K	$164K	$313K	$48K	—	View 990
2012	$184K	$121K	$188K	$48K	—	—
2011	$132K	$108K	$76K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.3M, expenses of $1.3M, and assets of $2.2M (revenue +33.4% year-over-year).
2022: Revenue of $985K, expenses of $1.2M, and assets of $2.3M (revenue -12.5% year-over-year).
2021: Revenue of $1.1M, expenses of $1.1M, and assets of $2.5M (revenue +20.3% year-over-year).
2020: Revenue of $936K, expenses of $787K, and assets of $2.5M (revenue +22.5% year-over-year).
2019: Revenue of $764K, expenses of $610K, and assets of $2.3M (revenue +3.0% year-over-year).
2018: Revenue of $742K, expenses of $472K, and assets of $1.8M (revenue +40.3% year-over-year).
2017: Revenue of $529K, expenses of $401K, and assets of $1.2M (revenue -37.9% year-over-year).
2016: Revenue of $852K, expenses of $383K, and assets of $1.1M (revenue +46.9% year-over-year).
2015: Revenue of $580K, expenses of $344K, and assets of $567K (revenue +65.8% year-over-year).
2014: Revenue of $350K, expenses of $283K, and assets of $348K (revenue +32.3% year-over-year).
2013: Revenue of $264K, expenses of $164K, and assets of $313K (revenue +43.4% year-over-year).
2012: Revenue of $184K, expenses of $121K, and assets of $188K (revenue +39.4% year-over-year).
2011: Revenue of $132K, expenses of $108K, and assets of $76K.

Data Sources and Methodology

This transparency report for Young At Heart Pet Rescue 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.