Quick charity verification for Kentucky Equine Humane Center Inc (EIN: 205883736)
Verdict: Kentucky Equine Humane Center Inc appears trustworthy
80/100Mission Score
$516KRevenue
$469KAssets
1Red Flags
3Strengths
Red Flags
Significant deficit in the latest fiscal year (202312) where expenses ($638,329) far exceeded revenue ($371,203).
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
Long-term growth in assets, from $196,117 in 2014 to $558,845 in 2023, demonstrating financial resilience.
Zero liabilities reported in most fiscal periods, suggesting sound debt management.
Spending Breakdown
How Kentucky Equine Humane Center Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Kentucky Equine Humane Center Inc
Is Kentucky Equine Humane Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kentucky Equine Humane Center Inc (EIN: 205883736) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 3 strengths noted.
Is Kentucky Equine Humane Center Inc a good charity to donate to?
Kentucky Equine Humane Center Inc has a Mission Score of 80/100. Revenue: $516K. Assets: $469K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kentucky Equine Humane Center Inc?
The Employer Identification Number (EIN) for Kentucky Equine Humane Center Inc is 205883736. 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 Kentucky Equine Humane Center Inc spend its money?
Kentucky Equine Humane Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kentucky Equine Humane Center Inc's tax-exempt status?
You can verify Kentucky Equine Humane Center Inc's tax-exempt status using EIN 205883736 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
The Kentucky Equine Humane Center Inc demonstrates a generally stable financial history, though the most recent filing (202312) shows expenses significantly exceeding revenue ($638,329 vs. $371,203), resulting in a substantial deficit for that period. This contrasts with previous years like 202212, where revenue ($744,882) comfortably exceeded expenses ($624,477). The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. Assets have fluctuated but show growth over the long term, from $196,117 in 2014 to $558,845 in 2023, indicating some financial resilience despite recent operational losses. The consistent reporting of zero liabilities across most filings also suggests sound financial management in terms of debt.