Is Hope In The Valley Equine Rescueand Sanctuary Inc Legit?
Quick charity verification for Hope In The Valley Equine Rescueand Sanctuary Inc (EIN: 204151013)
Verdict: Hope In The Valley Equine Rescueand Sanctuary Inc appears trustworthy
85/100Mission Score
$197KRevenue
$177KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent filing (202312), leading to a decrease in assets from $136,356 to $116,486.
Strengths
Consistent 0% officer compensation across all filings, indicating strong volunteer leadership and efficient use of funds.
Long-term growth in assets, from $6,437 in 2014 to $176,938 currently, demonstrating financial development.
Consistent filing of IRS Form 990s over 13 periods, indicating good transparency and compliance.
Revenue has shown a general upward trend over the past decade, reaching $196,570 in the latest period.
Spending Breakdown
How Hope In The Valley Equine Rescueand Sanctuary Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Hope In The Valley Equine Rescueand Sanctuary Inc
Is Hope In The Valley Equine Rescueand Sanctuary Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope In The Valley Equine Rescueand Sanctuary Inc (EIN: 204151013) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Hope In The Valley Equine Rescueand Sanctuary Inc a good charity to donate to?
Hope In The Valley Equine Rescueand Sanctuary Inc has a Mission Score of 85/100. Revenue: $197K. Assets: $177K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hope In The Valley Equine Rescueand Sanctuary Inc?
The Employer Identification Number (EIN) for Hope In The Valley Equine Rescueand Sanctuary Inc is 204151013. 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 Hope In The Valley Equine Rescueand Sanctuary Inc spend its money?
Hope In The Valley Equine Rescueand Sanctuary Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hope In The Valley Equine Rescueand Sanctuary Inc's tax-exempt status?
You can verify Hope In The Valley Equine Rescueand Sanctuary Inc's tax-exempt status using EIN 204151013 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
Hope In The Valley Equine Rescue and Sanctuary Inc demonstrates a generally stable financial position, with assets growing from $6,437 in 2014 to $176,938 currently. Revenue has shown fluctuations but a general upward trend over the past decade, reaching $196,570 in the latest period. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds for its mission. However, the most recent filing (Period 202312) shows expenses ($190,730) exceeding revenue ($170,861), leading to a decrease in assets from the previous year, which warrants monitoring.
Spending efficiency appears to be a core strength, particularly given the absence of executive compensation. While specific program, administrative, and fundraising breakdowns are not explicitly detailed in the provided summary, the lack of officer compensation suggests a high proportion of funds are directed towards direct mission activities. The organization's consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency.
Overall, Hope In The Valley Equine Rescue and Sanctuary Inc appears to be a well-managed organization with a strong volunteer base, as evidenced by the lack of officer compensation. While the recent deficit in the 202312 period is a point to watch, the long-term trend of asset growth and consistent operations suggests a healthy and transparent operation focused on its equine rescue mission.