Is Mid South Dressage Academy Inc Legit? —…

Quick charity verification for Mid South Dressage Academy Inc (EIN: 201668590)

Spending Breakdown

How Mid South Dressage Academy Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Mid South Dressage Academy Inc

Is Mid South Dressage Academy Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mid South Dressage Academy Inc (EIN: 201668590) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.

Is Mid South Dressage Academy Inc a good charity to donate to?

Mid South Dressage Academy Inc has a Mission Score of 60/100. Revenue: $167K. Assets: $58K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mid South Dressage Academy Inc?

The Employer Identification Number (EIN) for Mid South Dressage Academy Inc is 201668590. 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 Mid South Dressage Academy Inc spend its money?

Mid South Dressage Academy Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mid South Dressage Academy Inc's tax-exempt status?

You can verify Mid South Dressage Academy Inc's tax-exempt status using EIN 201668590 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

Mid South Dressage Academy Inc. demonstrates a mixed financial picture. While the organization consistently reports 0% officer compensation, indicating good transparency regarding executive pay, its financial stability has fluctuated. In 2023, the organization reported expenses of $214,905 against revenues of $164,483, resulting in a deficit. This follows a surplus in 2022 ($191,585 revenue vs. $164,148 expenses) and a deficit in 2021 ($242,500 revenue vs. $235,372 expenses). The organization's assets have also seen a significant decline over the past few years, from a high of $265,636 in 2017 to $69,217 in 2023, while liabilities have shown some volatility, reaching $18,751 in 2023. This trend suggests potential challenges in maintaining consistent financial health and building reserves.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the recurring deficits in recent years (e.g., 2023, 2021, 2020, 2019, 2018) suggest that expenses frequently outpace revenue, which could impact long-term program delivery if not addressed. The consistent reporting of 0% officer compensation is a positive indicator of transparency regarding leadership costs, but a more comprehensive view of operational efficiency would require deeper insight into how funds are allocated across different functions. The organization's relatively small asset base ($69,217 in 2023) compared to its annual expenses ($214,905 in 2023) also points to limited financial reserves.

Is Mid South Dressage Academy Inc Legit?

Verdict: Mid South Dressage Academy Inc shows mixed signals

Red Flags

Strengths