Is Northeast Ms Cutting Horseassociation…

Quick charity verification for Northeast Ms Cutting Horseassociation (EIN: 204628550)

Spending Breakdown

How Northeast Ms Cutting Horseassociation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Northeast Ms Cutting Horseassociation

Is Northeast Ms Cutting Horseassociation a legitimate charity?

Based on AI analysis of IRS 990 filings, Northeast Ms Cutting Horseassociation (EIN: 204628550) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

Is Northeast Ms Cutting Horseassociation a good charity to donate to?

Northeast Ms Cutting Horseassociation has a Mission Score of 85/100. Revenue: $86K. Assets: $19K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Northeast Ms Cutting Horseassociation?

The Employer Identification Number (EIN) for Northeast Ms Cutting Horseassociation is 204628550. 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 Northeast Ms Cutting Horseassociation spend its money?

Northeast Ms Cutting Horseassociation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Northeast Ms Cutting Horseassociation's tax-exempt status?

You can verify Northeast Ms Cutting Horseassociation's tax-exempt status using EIN 204628550 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

Northeast Ms Cutting Horseassociation demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. For instance, in 2023, the organization reported revenues of $77,946 against expenses of $74,456, indicating a slight surplus. The organization's assets have shown modest growth, from $5,656 in 2012 to $14,460 in 2023, suggesting a stable but not rapidly expanding financial base. A key aspect of its financial health is the consistent reporting of zero liabilities across all available filings, which is a strong indicator of fiscal responsibility and a lack of debt burden.

Spending efficiency appears to be high, particularly given the consistent reporting of 0% officer compensation, which suggests that administrative costs related to executive salaries are non-existent. This allows a greater proportion of funds to be directed towards its programs. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the absence of officer compensation implies a lean operational structure. The organization's revenue fluctuates, ranging from a low of $37,373 in 2020 to a high of $106,917 in 2014, but it consistently manages to keep expenses in line with income.

In terms of transparency, the organization has a robust filing history with 11 IRS 990 filings, indicating a commitment to public disclosure. The consistent reporting of key financial metrics, including revenue, expenses, assets, and liabilities, without any reported officer compensation, contributes to a positive view of its transparency. The NTEE code K26 (Equestrian & Rodeo) clearly defines its mission, further enhancing understanding of its purpose.

Is Northeast Ms Cutting Horseassociation Legit?

Verdict: Northeast Ms Cutting Horseassociation appears trustworthy

Strengths