Is Shining Stars Therapeutic Riding Program Inc Legit?
Quick charity verification for Shining Stars Therapeutic Riding Program Inc (EIN: 113771828)
Verdict: Shining Stars Therapeutic Riding Program Inc appears trustworthy
92/100Mission Score
$976KRevenue
$2.5MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation reported, indicating high transparency and mission focus.
Significant growth in assets from $119,615 in 2016 to $2,485,148 currently, demonstrating strong financial management.
High proportion of expenses likely directed towards program services, based on overall expense to revenue ratios.
Strong revenue growth trajectory, particularly between 2021 and 2022, showing increased capacity and impact.
Spending Breakdown
How Shining Stars Therapeutic Riding Program Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Shining Stars Therapeutic Riding Program Inc
Is Shining Stars Therapeutic Riding Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shining Stars Therapeutic Riding Program Inc (EIN: 113771828) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
Is Shining Stars Therapeutic Riding Program Inc a good charity to donate to?
Shining Stars Therapeutic Riding Program Inc has a Mission Score of 92/100. Revenue: $976K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shining Stars Therapeutic Riding Program Inc?
The Employer Identification Number (EIN) for Shining Stars Therapeutic Riding Program Inc is 113771828. 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 Shining Stars Therapeutic Riding Program Inc spend its money?
Shining Stars Therapeutic Riding Program Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shining Stars Therapeutic Riding Program Inc's tax-exempt status?
You can verify Shining Stars Therapeutic Riding Program Inc's tax-exempt status using EIN 113771828 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
Shining Stars Therapeutic Riding Program Inc demonstrates strong financial health and a commendable commitment to its program services, as evidenced by its IRS 990 filings. The organization has shown significant growth in revenue and assets over the past few years, with total assets reaching $2,485,148. Its program spending appears to be a high priority, with a substantial portion of expenses directed towards its mission. For instance, in 2023, expenses were $408,071 against revenue of $642,300, indicating efficient use of funds. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a focus on directing resources to the mission rather than executive salaries.
The organization's financial trajectory shows a remarkable increase in scale, particularly between 2021 and 2022, where revenue jumped from $261,703 to $1,327,173. While there was a decrease in revenue in 2023 to $642,300, the organization still managed its expenses effectively. The growth in assets from $119,615 in 2016 to over $2.4 million currently suggests sound financial management and investment in its long-term sustainability. The consistent lack of reported officer compensation further enhances its transparency profile, making it an organization that appears to prioritize its beneficiaries.