Is Ladawn Quarter Horses Therapeutic Riding Center Legit?
Quick charity verification for Ladawn Quarter Horses Therapeutic Riding Center (EIN: 10641255)
Verdict: Ladawn Quarter Horses Therapeutic Riding Center appears trustworthy
92/100Mission Score
$119KRevenue
$224KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong program spending ratio (85% in 2023)
Consistent asset growth (assets nearly doubled from 2019 to 2023)
No reported officer compensation, indicating volunteer leadership or very low executive costs
Positive net income in most recent years (e.g., $98,598 revenue vs. $78,684 expenses in 2023)
Stable and manageable liabilities ($15,745 for several years)
Spending Breakdown
How Ladawn Quarter Horses Therapeutic Riding Center 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 Ladawn Quarter Horses Therapeutic Riding Center
Is Ladawn Quarter Horses Therapeutic Riding Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Ladawn Quarter Horses Therapeutic Riding Center (EIN: 10641255) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Ladawn Quarter Horses Therapeutic Riding Center a good charity to donate to?
Ladawn Quarter Horses Therapeutic Riding Center has a Mission Score of 92/100. Revenue: $119K. Assets: $224K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ladawn Quarter Horses Therapeutic Riding Center?
The Employer Identification Number (EIN) for Ladawn Quarter Horses Therapeutic Riding Center is 10641255. 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 Ladawn Quarter Horses Therapeutic Riding Center spend its money?
Ladawn Quarter Horses Therapeutic Riding Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ladawn Quarter Horses Therapeutic Riding Center's tax-exempt status?
You can verify Ladawn Quarter Horses Therapeutic Riding Center's tax-exempt status using EIN 10641255 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
Ladawn Quarter Horses Therapeutic Riding Center demonstrates consistent financial growth and strong program focus. Over the past five years, the organization's assets have nearly doubled, from $86,098 in 2019 to $171,136 in 2023, indicating effective asset management and reinvestment. The center consistently spends a high proportion of its expenses on program services, with 85% allocated to programs in 2023, reflecting a commitment to its mission. The organization's transparency is excellent, as evidenced by 0% officer compensation reported across all available filings, suggesting a volunteer-driven leadership or very modest compensation not meeting reporting thresholds, which is common for smaller nonprofits. Their consistent filing history and clear financial reporting further enhance their transparency profile.