Is Interscholastic Equestrian Association Inc Legit?

The Interscholastic Equestrian Association Inc (IEA) demonstrates consistent financial growth and appears to be in good financial health. Over the past decade, its revenue has steadily increased from $1,109,601 in 2014 to $3,423,303 in 2023, with assets growing from $757,066 to $2,129,941 in the same period. The organization consistently operates with a surplus, as evidenced by its revenues generally exceeding expenses, indicating sound financial management and sustainability. For instance, in 2023, revenue was $3,423,303 against expenses of $3,340,500, resulting in a surplus. IEA's spending efficiency is commendable, with a strong focus on program delivery. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surpluses suggest that the majority of funds are directed towards its mission. The absence of reported officer compensation across all filings is a significant indicator of either volunteer leadership or compensation being categorized differently, which could be a positive sign for donor confidence regarding executive pay. Regarding transparency, the consistent filing of IRS Form 990s over 12 periods indicates a commitment to public disclosure. The lack of reported officer compensation, while potentially positive, could also warrant further investigation into how leadership is compensated or if key personnel are compensated through other means not immediately apparent as 'officer compensation' on the summary. Overall, the IEA appears to be a financially stable and efficiently managed organization, with a good track record of growth and asset accumulation.