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
Significant increase in liabilities from $279,459 in 2022 to $2,750,818 in 2023, requiring further investigation.
Strengths
Consistent revenue growth, with latest revenue at $6,843,717.
Strong asset growth, reaching over $4 million in 2023 and 2024.
0% officer compensation reported across all filings, indicating strong financial stewardship.
Generally positive net income in recent years, demonstrating financial sustainability.
Spending Breakdown
How Hampton Classic Horse Show Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Hampton Classic Horse Show Inc
Is Hampton Classic Horse Show Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hampton Classic Horse Show Inc (EIN: 112597077) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Hampton Classic Horse Show Inc a good charity to donate to?
Hampton Classic Horse Show Inc has a Mission Score of 85/100. Revenue: $6.8M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hampton Classic Horse Show Inc?
The Employer Identification Number (EIN) for Hampton Classic Horse Show Inc is 112597077. 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 Hampton Classic Horse Show Inc spend its money?
Hampton Classic Horse Show Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hampton Classic Horse Show Inc's tax-exempt status?
You can verify Hampton Classic Horse Show Inc's tax-exempt status using EIN 112597077 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
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.