Is Northeast Florida Equestrian Society H O R S E Therapies Inc Legit?

Quick charity verification for Northeast Florida Equestrian Society H O R S E Therapies Inc (EIN: 10636438)

Verdict: Northeast Florida Equestrian Society H O R S E Therapies Inc appears trustworthy

95/100Mission Score
$2.0MRevenue
$111KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Northeast Florida Equestrian Society H O R S E Therapies Inc demonstrates a generally stable financial history with consistent revenue generation over the past several years, peaking at $1,450,495 in 2023. The organization has shown a pattern of expenses closely tracking revenue, indicating a lean operational model. While assets have fluctuated, they remain relatively modest compared to annual revenue, suggesting a focus on immediate program delivery rather than significant asset accumulation. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission. The organization's spending efficiency appears high, particularly given the absence of reported officer compensation. This suggests that a substantial portion of its $1,573,907 in 2023 expenses is likely directed towards program services. The close alignment of expenses with revenue, sometimes exceeding it slightly as seen in 2023, indicates that the organization is actively deploying its resources to meet its mission rather than building large reserves. The consistent filing of IRS Form 990s over nine periods further enhances its transparency profile, providing a clear historical record of its financial activities. Overall, Northeast Florida Equestrian Society H O R S E Therapies Inc presents as a financially responsible and transparent organization. Its consistent operational approach, coupled with no reported executive compensation, suggests a strong dedication to its therapeutic equestrian mission. While asset levels are not high, the consistent revenue and expense patterns indicate a sustainable operational model focused on program delivery.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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