Quick charity verification for Horses 4 Heroes Inc (EIN: 204872971)
Verdict: Horses 4 Heroes Inc appears trustworthy
92/100Mission Score
$511KRevenue
$157KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Zero officer compensation reported across all filings, indicating high efficiency in resource allocation.
Consistent growth in assets, from $2,742 in 2014 to $118,643 in 2023, demonstrating financial stability.
Elimination of liabilities in recent years (2020-2023), suggesting strong financial management.
Revenues generally cover expenses, indicating sustainable operations (e.g., 2023 revenue $423,035 vs. expenses $420,859).
Spending Breakdown
How Horses 4 Heroes 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 Horses 4 Heroes Inc
Is Horses 4 Heroes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Horses 4 Heroes Inc (EIN: 204872971) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
Is Horses 4 Heroes Inc a good charity to donate to?
Horses 4 Heroes Inc has a Mission Score of 92/100. Revenue: $511K. Assets: $157K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Horses 4 Heroes Inc?
The Employer Identification Number (EIN) for Horses 4 Heroes Inc is 204872971. 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 Horses 4 Heroes Inc spend its money?
Horses 4 Heroes Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Horses 4 Heroes Inc's tax-exempt status?
You can verify Horses 4 Heroes Inc's tax-exempt status using EIN 204872971 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
Horses 4 Heroes Inc. demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past several years. For example, in 2023, revenue was $423,035 against expenses of $420,859, indicating a tight operational margin. The organization has shown steady growth in assets, increasing from $2,742 in 2014 to $118,643 in 2023, suggesting prudent financial management and accumulation of resources. The consistent reporting of zero officer compensation across all available filings is a significant indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries.
The organization's spending efficiency appears strong, particularly given the zero officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial picture suggests that the vast majority of funds are being utilized for operational expenses directly related to their mission. The absence of liabilities in recent years (2020-2023) further strengthens the perception of sound financial health and responsible management.
Overall, Horses 4 Heroes Inc. presents as a financially stable and transparent organization. Their consistent growth in assets, minimal liabilities, and the complete absence of officer compensation are strong positive indicators. The tight margins between revenue and expenses suggest that the organization is effectively deploying its resources annually to support its programs.