Is Horses Of Hope Missouri Inc Legit? —…

Spending Breakdown

How Horses Of Hope Missouri Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Of Hope Missouri Inc

Is Horses Of Hope Missouri Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Horses Of Hope Missouri Inc (EIN: 200226855) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Horses Of Hope Missouri Inc a good charity to donate to?

Horses Of Hope Missouri Inc has a Mission Score of 75/100. Revenue: $415K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Horses Of Hope Missouri Inc?

The Employer Identification Number (EIN) for Horses Of Hope Missouri Inc is 200226855. 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 Of Hope Missouri Inc spend its money?

Horses Of Hope Missouri Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Horses Of Hope Missouri Inc's tax-exempt status?

You can verify Horses Of Hope Missouri Inc's tax-exempt status using EIN 200226855 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 Of Hope Missouri Inc demonstrates a fluctuating financial performance over the past several years. While the organization reported significant revenue in 2021 ($861,024) and 2019 ($665,367), more recent filings show a decline, with 2023 revenue at $268,542 and expenses exceeding revenue in both 2022 and 2023. This trend of expenses outpacing revenue in recent years (e.g., $431,548 expenses vs. $268,542 revenue in 2023) suggests potential operational challenges or reliance on prior year reserves. The organization's assets have grown substantially from $489,435 in 2020 to $1,278,519 in 2023, indicating successful asset accumulation, though liabilities have also increased significantly from $39,922 in 2020 to $618,668 in 2023.

The spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of fiscal responsibility and a commitment to directing funds towards the mission rather than executive salaries. This also contributes positively to transparency, as it suggests a volunteer-driven leadership or very modest compensation not reported as officer pay.

Overall, the organization appears to be transparent regarding executive compensation, or lack thereof, which is commendable. The significant growth in assets, despite recent revenue shortfalls, suggests a strong historical fundraising capacity or capital campaigns. However, the recent trend of expenses exceeding revenue warrants closer monitoring to ensure long-term financial stability and program sustainability.

Is Horses Of Hope Missouri Inc Legit?

Verdict: Horses Of Hope Missouri Inc appears trustworthy

Red Flags

Strengths