Quick charity verification for Save A Forgotten Equine (EIN: 205825355)
Verdict: Save A Forgotten Equine appears trustworthy
92/100Mission Score
$1.4MRevenue
$1.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and strong revenue growth over a decade (e.g., $277,265 in 2014 to $1,108,199 in 2023).
Zero reported officer compensation across all filings, indicating volunteer leadership and high program focus.
Healthy asset growth and low liabilities, demonstrating strong financial management (e.g., assets grew from $109,086 in 2014 to $1,061,963 in 2023).
Expenses consistently below revenue, allowing for reinvestment and asset building.
Long history of IRS 990 filings (14 filings), indicating transparency and compliance.
Spending Breakdown
How Save A Forgotten Equine 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 Save A Forgotten Equine
Is Save A Forgotten Equine a legitimate charity?
Based on AI analysis of IRS 990 filings, Save A Forgotten Equine (EIN: 205825355) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Save A Forgotten Equine a good charity to donate to?
Save A Forgotten Equine has a Mission Score of 92/100. Revenue: $1.4M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Save A Forgotten Equine?
The Employer Identification Number (EIN) for Save A Forgotten Equine is 205825355. 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 Save A Forgotten Equine spend its money?
Save A Forgotten Equine allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Save A Forgotten Equine's tax-exempt status?
You can verify Save A Forgotten Equine's tax-exempt status using EIN 205825355 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
Save A Forgotten Equine (SAFE) demonstrates strong financial health and consistent growth over the past decade. The organization's revenue has steadily increased from $277,265 in 2014 to $1,108,199 in 2023, indicating robust donor support and effective fundraising. Assets have also grown significantly, from $109,086 in 2014 to $1,061,963 in 2023, suggesting sound financial management and accumulation of resources to support its mission. Liabilities remain low relative to assets, indicating a healthy balance sheet.
SAFE exhibits excellent spending efficiency, with expenses consistently lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $875,936 against revenues of $1,108,199. The organization's commitment to its mission is further highlighted by its reported 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and a focus on program delivery rather than administrative overhead. This suggests a high proportion of funds are directed towards its equine welfare programs.
In terms of transparency, the consistent filing of IRS Form 990s over 14 periods, with detailed financial information, demonstrates a commitment to public accountability. The absence of officer compensation is a significant positive for transparency and donor confidence, as it ensures that contributions are primarily used for the organization's charitable purpose. Overall, SAFE appears to be a well-managed and financially sound nonprofit.