Is Horse Feathers Equine Center Inc Legit?

Horse Feathers Equine Center Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities, which are reported as $0 across all available filings. Revenue has fluctuated significantly year-over-year, ranging from a low of $50,056 in 2018 to a high of $176,594 in 2020. Despite these fluctuations, the organization has often managed to operate with a surplus, as seen in 2024 ($139,557 revenue vs. $116,744 expenses) and 2022 ($174,168 revenue vs. $116,716 expenses). However, there have been periods of deficit spending, such as in 2023 where expenses ($109,431) exceeded revenue ($85,308). The consistent reporting of zero officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its spending efficiency and transparency. The organization's asset base has grown over time, from $12,979 in 2016 to $121,378 in 2024, suggesting prudent financial management and accumulation of resources.