Significant deficit spending in 2022 ($202,330 expenses vs. $137,001 revenue)
Substantial year-over-year revenue volatility (e.g., $325,888 in 2021 to $137,001 in 2022)
Decrease in assets from $306,361 in 2021 to $241,032 in 2022
Strengths
Consistent reporting of 0% officer compensation across all filings
Long history of IRS 990 filings demonstrating transparency
Significant growth in revenue and assets over the past decade (e.g., from $56,365 revenue in 2017 to $137,001 in 2022, and assets from $6,620 to $241,032)
Clear mission focused on equine-assisted psychotherapy (NTEE Code E60)
Spending Breakdown
How Lowcountry Equine Assisted Psychotherapy 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 Lowcountry Equine Assisted Psychotherapy
Is Lowcountry Equine Assisted Psychotherapy a legitimate charity?
Based on AI analysis of IRS 990 filings, Lowcountry Equine Assisted Psychotherapy (EIN: 202158956) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Lowcountry Equine Assisted Psychotherapy a good charity to donate to?
Lowcountry Equine Assisted Psychotherapy has a Mission Score of 75/100. Revenue: $265K. Assets: $102K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lowcountry Equine Assisted Psychotherapy?
The Employer Identification Number (EIN) for Lowcountry Equine Assisted Psychotherapy is 202158956. 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 Lowcountry Equine Assisted Psychotherapy spend its money?
Lowcountry Equine Assisted Psychotherapy allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lowcountry Equine Assisted Psychotherapy's tax-exempt status?
You can verify Lowcountry Equine Assisted Psychotherapy's tax-exempt status using EIN 202158956 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
Lowcountry Equine Assisted Psychotherapy (LEAP) demonstrates fluctuating financial health over the past decade. While the organization has seen significant growth in revenue from $56,365 in 2017 to a peak of $325,888 in 2021, the most recent filing (2022) shows a substantial drop in revenue to $137,001 and expenses exceeding revenue by over $65,000. This indicates a period of financial instability or strategic spending beyond current income. The organization's assets have also shown considerable fluctuation, peaking at $306,361 in 2021 and then decreasing to $241,032 in 2022, while liabilities have remained consistent at $50,885 in recent years.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing overhead in this area, which is a positive indicator for donor confidence. The organization's consistent filing of IRS Form 990s over a long period demonstrates a commitment to transparency in its financial reporting.
Overall, LEAP appears to be a growing organization that has experienced some recent financial headwinds. Its consistent reporting and lack of executive compensation are positive, but the recent deficit spending warrants closer examination for long-term sustainability.