Liabilities exceeding assets in multiple recent years (e.g., 2021, 2022, 2023), indicating potential financial strain or reliance on current funding.
Expenses exceeding revenue in several past periods (e.g., 2021, 2019, 2018), suggesting periods of deficit spending.
Strengths
Consistent 0% officer compensation across all reported years, demonstrating a strong commitment to mission-focused spending.
Long history of IRS 990 filings (14 filings), indicating strong transparency and regulatory compliance.
Consistent revenue generation, maintaining operations over an extended period.
Positive net income in the most recent filing (2023: $57,168 surplus), showing improved financial management.
Spending Breakdown
How Saddlebred Rescue Inc 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 Saddlebred Rescue Inc
Is Saddlebred Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Saddlebred Rescue Inc (EIN: 204675891) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Saddlebred Rescue Inc a good charity to donate to?
Saddlebred Rescue Inc has a Mission Score of 85/100. Revenue: $606K. Assets: $151K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Saddlebred Rescue Inc?
The Employer Identification Number (EIN) for Saddlebred Rescue Inc is 204675891. 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 Saddlebred Rescue Inc spend its money?
Saddlebred Rescue Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Saddlebred Rescue Inc's tax-exempt status?
You can verify Saddlebred Rescue Inc's tax-exempt status using EIN 204675891 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
Saddlebred Rescue Inc. demonstrates a consistent operational presence with revenues fluctuating between approximately $344,000 and $762,000 over the past decade. The organization's financial health shows some variability, with expenses exceeding revenue in several years, such as 2021 ($687,912 expenses vs. $529,897 revenue) and 2019 ($413,377 expenses vs. $352,039 revenue), indicating periods of deficit spending. However, recent years (2022 and 2023) show a closer balance, with 2023 reporting a surplus of $57,168 ($748,746 revenue vs. $691,578 expenses).
The organization's asset base has generally remained modest relative to its annual revenue, with assets around $150,000-$155,000 in recent years, while liabilities have at times exceeded assets, notably in 2022 ($210,162 liabilities vs. $150,301 assets) and 2021 ($210,077 liabilities vs. $139,854 assets). This suggests a reliance on current funding for operations rather than substantial reserves. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing transparency and public trust.
While specific program spending percentages are not provided in the raw data, the absence of officer compensation is a positive indicator of spending efficiency. The organization's consistent filing of IRS 990s over 14 periods demonstrates a commitment to regulatory compliance and financial transparency, allowing for public scrutiny of its operations.