Expenses frequently exceed revenue, as seen in 2023 ($223,007 expenses vs. $120,034 revenue) and 2022 ($131,710 expenses vs. $29,741 revenue).
Consistent decline in total assets over the past decade, from $868,099 in 2014 to $659,340 in 2023.
Significant fluctuations in annual revenue, making financial planning potentially challenging.
Strengths
Consistent 0% officer compensation, indicating a volunteer-driven leadership and efficient use of donor funds.
Low to no liabilities in recent years, demonstrating sound debt management.
Substantial asset base, despite recent declines, providing a buffer for operations.
Strong program focus, implied by the nature of a horse rescue organization and efficient spending.
Spending Breakdown
How Epona Horse Rescue 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 Epona Horse Rescue Inc
Is Epona Horse Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Epona Horse Rescue Inc (EIN: 201398014) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Epona Horse Rescue Inc a good charity to donate to?
Epona Horse Rescue Inc has a Mission Score of 85/100. Revenue: $232K. Assets: $626K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Epona Horse Rescue Inc?
The Employer Identification Number (EIN) for Epona Horse Rescue Inc is 201398014. 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 Epona Horse Rescue Inc spend its money?
Epona Horse Rescue Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Epona Horse Rescue Inc's tax-exempt status?
You can verify Epona Horse Rescue Inc's tax-exempt status using EIN 201398014 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
Epona Horse Rescue Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the organization has experienced fluctuations in revenue, with a notable high of $172,176 in 2021 and a low of $29,741 in 2022, its asset base has remained substantial, though it has seen a gradual decline from $868,099 in 2014 to $659,340 in 2023. The organization's expenses have often exceeded its revenue in recent years, such as in 2023 where expenses were $223,007 against revenues of $120,034, indicating a reliance on reserves or prior year surpluses.
The organization's financial health shows some areas for improvement, particularly in aligning expenses with revenue to ensure long-term sustainability. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of efficient use of donor funds and a volunteer-driven leadership model, which enhances its transparency and trustworthiness. The absence of liabilities in most recent years also points to sound financial management regarding debt.
Overall, Epona Horse Rescue Inc. appears to be a dedicated organization with a strong program focus and excellent transparency regarding executive compensation. The primary financial challenge lies in stabilizing revenue streams to consistently cover operational expenses without drawing down assets, which have decreased by over $200,000 since 2014.