Quick charity verification for Northeast Reining Horse Association (EIN: 20492667)
Verdict: Northeast Reining Horse Association appears trustworthy
75/100Mission Score
$164KRevenue
$14KAssets
2Red Flags
4Strengths
Red Flags
Frequent operating deficits (4 out of 6 years)
Declining asset base from $35,338 in 2014 to $14,061 in 2016
Strengths
Zero liabilities reported across all filings, indicating strong solvency
0% officer compensation, demonstrating volunteer-driven leadership and low administrative overhead
Consistent filing of IRS Form 990s, indicating good transparency
Stable revenue stream generally between $160,000 and $200,000
Spending Breakdown
How Northeast Reining Horse Association allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Northeast Reining Horse Association
Is Northeast Reining Horse Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Reining Horse Association (EIN: 20492667) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Northeast Reining Horse Association a good charity to donate to?
Northeast Reining Horse Association has a Mission Score of 75/100. Revenue: $164K. Assets: $14K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northeast Reining Horse Association?
The Employer Identification Number (EIN) for Northeast Reining Horse Association is 20492667. 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 Reining Horse Association spend its money?
Northeast Reining Horse Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northeast Reining Horse Association's tax-exempt status?
You can verify Northeast Reining Horse Association's tax-exempt status using EIN 20492667 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
The Northeast Reining Horse Association demonstrates consistent operational activity with revenues generally in the $160,000-$200,000 range over the past six years. The organization has maintained a healthy financial position with zero liabilities reported across all available filings, indicating strong fiscal management and no reliance on debt. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in four out of six reported periods (2011, 2012, 2015, 2016). For instance, in 2016, expenses of $178,500 outstripped revenue of $163,982, leading to a net loss. This trend suggests that while the organization is not accumulating debt, it is drawing down on its assets, which have fluctuated from a high of $35,338 in 2014 to a low of $14,061 in 2016. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence regarding administrative costs.
While the organization's financial health is stable in terms of solvency (no liabilities), its consistent operating deficits raise questions about long-term sustainability if not addressed. The declining asset base, from $35,338 in 2014 to $14,061 in 2016, is a notable trend. The lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency, particularly the allocation between program, administrative, and fundraising costs. However, the zero officer compensation is a strong indicator of low administrative overhead at the leadership level. The organization's transparency is good in terms of filing its 990s consistently, but more granular financial data would allow for a deeper analysis of its operational efficiency and program impact.