Latest filing reports $0 revenue and $0 assets, indicating potential cessation of operations or severe financial distress.
No officer compensation reported across all filings, which can be a red flag for transparency if key personnel are being compensated in non-standard ways, or if the organization is truly volunteer-run at a level that might be unsustainable.
Limited financial reserves, with assets historically ranging from $10,139 to $23,616 against annual expenses around $200,000, leaving little buffer for unexpected costs.
Consistent operation near break-even point historically, with expenses sometimes exceeding revenue (e.g., 2015: $237,107 expenses vs. $223,630 revenue), indicating tight financial management and potential for deficits.
Strengths
Historically consistent revenue generation around $200,000 annually prior to the latest filing.
No reported liabilities across all historical filings, indicating responsible debt management.
Consistent filing of IRS Form 990s, demonstrating a commitment to regulatory compliance (though the latest filing raises significant questions).
Spending Breakdown
How Emerald Equine Diagnostic Clinic allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Emerald Equine Diagnostic Clinic
Is Emerald Equine Diagnostic Clinic a legitimate charity?
Based on AI analysis of IRS 990 filings, Emerald Equine Diagnostic Clinic (EIN: 200528539) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
Is Emerald Equine Diagnostic Clinic a good charity to donate to?
Emerald Equine Diagnostic Clinic has a Mission Score of 45/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Emerald Equine Diagnostic Clinic?
The Employer Identification Number (EIN) for Emerald Equine Diagnostic Clinic is 200528539. 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 Emerald Equine Diagnostic Clinic spend its money?
Emerald Equine Diagnostic Clinic allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Emerald Equine Diagnostic Clinic's tax-exempt status?
You can verify Emerald Equine Diagnostic Clinic's tax-exempt status using EIN 200528539 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
Emerald Equine Diagnostic Clinic appears to be a very small organization, as indicated by its modest revenues, which have consistently hovered around $200,000 annually over the past five years. The latest filing shows $0 in revenue and assets, which is a significant concern and suggests the organization may no longer be operational or has experienced a drastic change in its financial status. Historically, the organization has operated close to break-even, with expenses often slightly exceeding or falling slightly below revenues, as seen in 2015 where expenses were $237,107 against revenues of $223,630. This tight financial margin, coupled with minimal assets, indicates limited financial reserves.
The organization's financial health is precarious given the latest $0 revenue and asset report. While historical data shows consistent operations, the current status raises serious questions about its ongoing viability. Without a breakdown of expenses into program, administrative, and fundraising categories, it's impossible to assess spending efficiency accurately. However, the consistent lack of reported officer compensation across all filings suggests a volunteer-driven or very lean operational model, which can be a positive indicator of efficiency for small organizations, assuming services are still being delivered effectively. The absence of liabilities in historical filings is a strength, indicating responsible debt management.
Transparency is moderate. The consistent filing of IRS Form 990s is a positive, but the lack of detailed expense breakdowns in the provided data limits a full assessment of how funds are allocated. The sudden drop to $0 revenue and assets in the latest report, without further context, significantly impacts transparency and raises concerns about the organization's current operational status and future.