Rapid increase in liabilities in recent years without a corresponding increase in assets to cover them.
Strengths
Strong revenue growth over the past decade, indicating increasing community support.
Zero officer compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
Consistent IRS 990 filing history, indicating good compliance and transparency in reporting.
Spending Breakdown
How Loving Thunder Therapeutic Riding 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
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 Loving Thunder Therapeutic Riding Inc
Is Loving Thunder Therapeutic Riding Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Loving Thunder Therapeutic Riding Inc (EIN: 10927472) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Loving Thunder Therapeutic Riding Inc a good charity to donate to?
Loving Thunder Therapeutic Riding Inc has a Mission Score of 65/100. Revenue: $320K. Assets: $83K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Loving Thunder Therapeutic Riding Inc?
The Employer Identification Number (EIN) for Loving Thunder Therapeutic Riding Inc is 10927472. 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 Loving Thunder Therapeutic Riding Inc spend its money?
Loving Thunder Therapeutic Riding Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Loving Thunder Therapeutic Riding Inc's tax-exempt status?
You can verify Loving Thunder Therapeutic Riding Inc's tax-exempt status using EIN 10927472 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
Loving Thunder Therapeutic Riding Inc has demonstrated significant growth in revenue over the past few years, with the latest reported revenue at $320,276, a substantial increase from $49,229 in 2014. However, the organization has consistently reported liabilities exceeding its assets, particularly in recent years. For example, in 2023, assets were $49,603 while liabilities stood at $153,721, indicating a precarious financial position. This trend of negative net assets suggests potential long-term solvency concerns.
Spending efficiency appears to be a mixed bag. While the organization has managed to keep officer compensation at 0% across all reported periods, which is a positive indicator of resource allocation towards its mission, the consistent reporting of expenses exceeding revenue in several recent periods (e.g., 2023 expenses of $361,890 against revenue of $298,737) raises questions about operational sustainability. The lack of detailed expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging.
In terms of transparency, the organization has a consistent filing history with 13 IRS 990 filings, which is commendable. The absence of officer compensation is a strong point for transparency regarding executive pay. However, the financial statements reveal a pattern of operating deficits and growing liabilities relative to assets, which warrants closer scrutiny for potential donors. A more detailed breakdown of expenses would further enhance transparency.