Quick charity verification for North American Six Horse Hitch (EIN: 161595022)
Verdict: North American Six Horse Hitch appears trustworthy
95/100Mission Score
$236KRevenue
$150KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $11,150 in 2010 to $77,036 in 2023.
Strong asset accumulation, reaching $109,593 in 2023.
Zero reported liabilities across all filing periods, indicating excellent financial health.
0% officer compensation, suggesting a volunteer-driven model and efficient use of funds.
Expenses consistently well below revenue, allowing for healthy net income and asset growth.
Spending Breakdown
How North American Six Horse Hitch allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 North American Six Horse Hitch
Is North American Six Horse Hitch a legitimate charity?
Based on AI analysis of IRS 990 filings, North American Six Horse Hitch (EIN: 161595022) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is North American Six Horse Hitch a good charity to donate to?
North American Six Horse Hitch has a Mission Score of 95/100. Revenue: $236K. Assets: $150K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North American Six Horse Hitch?
The Employer Identification Number (EIN) for North American Six Horse Hitch is 161595022. 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 North American Six Horse Hitch spend its money?
North American Six Horse Hitch allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North American Six Horse Hitch's tax-exempt status?
You can verify North American Six Horse Hitch's tax-exempt status using EIN 161595022 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
North American Six Horse Hitch demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past few years, the organization has seen a significant increase in revenue, from $11,150 in 2010 to $77,036 in 2023, indicating growing support for its mission. Its assets have also steadily increased, reaching $109,593 in 2023 with no reported liabilities, which is a strong indicator of financial stability and responsible management. The organization's expenses have remained well below its revenue, allowing for asset accumulation.
The organization exhibits strong spending efficiency, as evidenced by its consistent positive net income across most filing periods. With no reported officer compensation, it suggests a volunteer-driven leadership, which can contribute to lower administrative costs and a higher percentage of funds directed towards programs. The absence of liabilities further enhances its financial health and transparency, as there are no outstanding debts to obscure its financial picture. The NTEE code D99 (Other Animal Related Activities) suggests a focused mission, and the financial data supports the idea that resources are being managed effectively to support this mission.
Overall, North American Six Horse Hitch appears to be a financially sound and transparent organization. Its growth in revenue and assets, coupled with zero liabilities and no officer compensation, paints a picture of a well-managed nonprofit that is effectively utilizing its resources. The consistent filing of IRS 990 forms over many years also demonstrates a commitment to transparency.