Inconsistent operating surpluses, with deficits in 2022, 2020, and 2019.
Significant increase in liabilities to $247,957 in 2022, up from $5,897 in 2021, which warrants further scrutiny.
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission-focused spending.
Significant growth in assets from $77,140 in 2014 to $332,206 in 2022, enhancing long-term capacity.
Demonstrated ability to generate substantial revenue, with latest revenue at $587,380.
Spending Breakdown
How Gaitway Therapeutic Horsemanship 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 Gaitway Therapeutic Horsemanship
Is Gaitway Therapeutic Horsemanship a legitimate charity?
Based on AI analysis of IRS 990 filings, Gaitway Therapeutic Horsemanship (EIN: 203367886) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Gaitway Therapeutic Horsemanship a good charity to donate to?
Gaitway Therapeutic Horsemanship has a Mission Score of 75/100. Revenue: $587K. Assets: $276K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gaitway Therapeutic Horsemanship?
The Employer Identification Number (EIN) for Gaitway Therapeutic Horsemanship is 203367886. 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 Gaitway Therapeutic Horsemanship spend its money?
Gaitway Therapeutic Horsemanship allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gaitway Therapeutic Horsemanship's tax-exempt status?
You can verify Gaitway Therapeutic Horsemanship's tax-exempt status using EIN 203367886 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
Gaitway Therapeutic Horsemanship demonstrates a fluctuating financial performance over the past decade, with recent years showing higher revenue but also increased expenses. In 2022, the organization reported $327,062 in revenue against $398,303 in expenses, resulting in a deficit. This trend of expenses exceeding revenue was also observed in 2020 and 2019. However, 2021 and 2018 showed surpluses, indicating an inconsistent financial stability. The organization's assets have grown significantly, from $77,140 in 2014 to $332,206 in 2022, which is a positive indicator of long-term capacity. Liabilities also saw a substantial increase in 2022 to $247,957, which warrants closer examination to understand its nature and impact on financial health. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, enhancing transparency and donor confidence in this area.