Quick charity verification for American Morgan Horse Association Inc (EIN: 135540007)
Verdict: American Morgan Horse Association Inc appears trustworthy
90/100Mission Score
$2.3MRevenue
$2.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth over a decade, from $1.7M in 2014 to $2.2M in 2023.
Strong asset growth, increasing from $1.3M in 2014 to $2.3M in 2023.
Consistently reports 0% officer compensation, indicating highly efficient use of funds.
Maintains a healthy surplus, with revenue exceeding expenses in most years (e.g., $2.2M revenue vs. $2.1M expenses in 2023).
Low liabilities relative to assets, indicating good financial management (e.g., $430K liabilities vs. $2.3M assets in 2023).
Spending Breakdown
How American Morgan Horse Association Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about American Morgan Horse Association Inc
Is American Morgan Horse Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Morgan Horse Association Inc (EIN: 135540007) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is American Morgan Horse Association Inc a good charity to donate to?
American Morgan Horse Association Inc has a Mission Score of 90/100. Revenue: $2.3M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Morgan Horse Association Inc?
The Employer Identification Number (EIN) for American Morgan Horse Association Inc is 135540007. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does American Morgan Horse Association Inc spend its money?
American Morgan Horse Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Morgan Horse Association Inc's tax-exempt status?
You can verify American Morgan Horse Association Inc's tax-exempt status using EIN 135540007 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The American Morgan Horse Association Inc. demonstrates consistent financial stability and growth over the past decade. Revenue has steadily increased from $1,775,574 in 2014 to $2,231,662 in 2023, with corresponding asset growth from $1,367,360 to $2,344,365. The organization consistently operates with a surplus, as seen in 2023 where revenue exceeded expenses by over $50,000 ($2,231,662 vs. $2,181,059).
The organization's spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, though specific program spending ratios are not provided in the raw data. A notable aspect of their financial management is the reported 0% officer compensation across all available filings, indicating a volunteer-led executive structure or compensation being reported under other categories, which enhances their perceived efficiency and commitment to mission. Their transparency is high given the consistent filing of IRS Form 990s, providing a clear financial history.
Overall, the American Morgan Horse Association Inc. exhibits sound financial health, responsible growth, and a commitment to its mission, supported by a strong asset base and consistent revenue generation. The absence of reported officer compensation is a significant positive indicator of resource allocation.