Consistent financial surpluses, such as $1,638 in 2023 ($52,957 revenue - $51,319 expenses).
Zero liabilities reported across all nine filings, indicating strong financial solvency.
Steady growth in assets from $18,619 in 2011 to $49,894 in 2023.
0% officer compensation reported in all available filings, demonstrating efficient use of funds.
Consistent IRS 990 filing history over nine periods, indicating strong transparency.
Spending Breakdown
How Bluegrass Miniature Horseassociation 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 Bluegrass Miniature Horseassociation Inc
Is Bluegrass Miniature Horseassociation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bluegrass Miniature Horseassociation Inc (EIN: 205469785) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Bluegrass Miniature Horseassociation Inc a good charity to donate to?
Bluegrass Miniature Horseassociation Inc has a Mission Score of 90/100. Revenue: $53K. Assets: $49K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bluegrass Miniature Horseassociation Inc?
The Employer Identification Number (EIN) for Bluegrass Miniature Horseassociation Inc is 205469785. 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 Bluegrass Miniature Horseassociation Inc spend its money?
Bluegrass Miniature Horseassociation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bluegrass Miniature Horseassociation Inc's tax-exempt status?
You can verify Bluegrass Miniature Horseassociation Inc's tax-exempt status using EIN 205469785 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
Bluegrass Miniature Horseassociation Inc demonstrates consistent financial stability with a healthy asset base relative to its revenue. In 2023, the organization reported revenues of $52,957 against expenses of $51,319, resulting in a modest surplus. Over the past several years, assets have shown steady growth, reaching $49,894 in 2023 with zero liabilities, indicating strong financial management and solvency. The organization's consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership structure, which is a positive indicator for donor confidence and efficient use of funds.
The organization's spending efficiency appears strong, particularly given the absence of paid executive compensation. While a detailed functional expense breakdown (program, administrative, fundraising) is not provided in the summary data, the overall financial picture suggests that the majority of funds are likely directed towards its mission, as evidenced by the consistent surpluses and asset growth. The lack of liabilities further reinforces its sound financial health.
Transparency is high, with nine years of consistent IRS 990 filings available, showing a clear financial history. The consistent reporting of zero liabilities and zero officer compensation across all filings enhances its transparency profile. This consistent financial reporting and the absence of executive compensation contribute to a positive assessment of its financial health and operational integrity.