Is Hampton Classic Horse Show Inc Legit?

Quick charity verification for Hampton Classic Horse Show Inc (EIN: 112597077)

Verdict: Hampton Classic Horse Show Inc appears trustworthy

85/100Mission Score
$6.8MRevenue
$4.1MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Hampton Classic Horse Show Inc demonstrates generally sound financial health, with consistent revenue generation and asset growth over the past several years, particularly notable in the jump from $1.7 million in assets in 2022 to over $4 million in 2023 and 2024. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent positive net income in recent years (e.g., $312,131 in 2024 and $359,646 in 2023) suggests efficient management of resources. The significant increase in liabilities from $279,459 in 2022 to $2,750,818 in 2023 and $1,926,525 in 2024 warrants further investigation to understand its nature and impact on long-term financial stability, though assets have grown to cover these liabilities.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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