Is Flying Horse Farms Legit?

Flying Horse Farms demonstrates consistent financial health with a strong asset base and generally positive net income over the past decade. The organization's assets have grown steadily from $16.6 million in 2014 to over $20 million in 2023, indicating sound financial management and capacity building. Revenue has fluctuated, with a notable peak of $6.5 million in 2022, but expenses have been managed effectively, typically staying below revenue, leading to surpluses that contribute to asset growth. For instance, in 2022, revenue was $6,542,333 against expenses of $3,936,386, resulting in a significant surplus. The organization appears to be highly efficient in its spending, as evidenced by the consistent surpluses and asset growth. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed operation. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries, which is a strong positive for donor confidence. The low and decreasing liabilities also point to responsible financial stewardship.