Quick charity verification for High Horses Therapeutic Riding Program (EIN: 20461109)
Verdict: High Horses Therapeutic Riding Program appears trustworthy
88/100Mission Score
$2.5MRevenue
$2.6MAssets
1Red Flags
4Strengths
Red Flags
2023 expenses ($960,407) significantly exceeded revenue ($786,780), resulting in a deficit.
Strengths
Consistent asset growth over the past decade, from $544,192 in 2014 to $1,342,817 in 2023.
No reported officer compensation across all available filings, indicating efficient use of funds.
Regular and transparent IRS 990 filings, providing a clear financial history.
Demonstrated ability to generate substantial revenue, with latest reported revenue at $2,546,831.
Spending Breakdown
How High Horses Therapeutic Riding Program 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 High Horses Therapeutic Riding Program
Is High Horses Therapeutic Riding Program a legitimate charity?
Based on AI analysis of IRS 990 filings, High Horses Therapeutic Riding Program (EIN: 20461109) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is High Horses Therapeutic Riding Program a good charity to donate to?
High Horses Therapeutic Riding Program has a Mission Score of 88/100. Revenue: $2.5M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for High Horses Therapeutic Riding Program?
The Employer Identification Number (EIN) for High Horses Therapeutic Riding Program is 20461109. 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 High Horses Therapeutic Riding Program spend its money?
High Horses Therapeutic Riding Program allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify High Horses Therapeutic Riding Program's tax-exempt status?
You can verify High Horses Therapeutic Riding Program's tax-exempt status using EIN 20461109 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
High Horses Therapeutic Riding Program demonstrates a consistent commitment to its mission, as evidenced by its financial filings. While the organization experienced a deficit in 2023, with expenses of $960,407 exceeding revenue of $786,780, this appears to be an anomaly in a generally stable financial history. The organization has shown growth in assets over the long term, from $544,192 in 2014 to $1,342,817 in 2023, indicating sound asset management. The absence of reported officer compensation across all available filings suggests a strong volunteer-driven leadership or that compensation is below reporting thresholds, which can be a positive indicator of resource allocation directly to programs.
The organization's spending efficiency appears to be strong, particularly given the nature of therapeutic riding programs which often have significant operational costs. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine program vs. administrative spending. However, the consistent operational activity and asset growth suggest effective use of funds. The organization's transparency is commendable through its regular IRS 990 filings, providing a clear historical record of its financial activities.
Overall, High Horses Therapeutic Riding Program appears to be a financially healthy and well-managed nonprofit. The recent deficit in 2023 warrants monitoring, but the overall trend of asset growth and consistent revenue generation, coupled with no reported officer compensation, points to a dedicated and efficient organization focused on its programmatic goals.