Quick charity verification for Spirit Therapeutic Riding Center (EIN: 204210534)
Verdict: Spirit Therapeutic Riding Center appears trustworthy
92/100Mission Score
$175KRevenue
$183KAssets
1Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in the latest 2023 filing by approximately $59,000.
Strengths
Consistent 0% officer compensation across all filings, indicating volunteer leadership.
Strong program focus due to lack of executive compensation.
Healthy and growing asset base, increasing from $136,016 in 2014 to $211,775 in 2023.
High transparency with 13 years of consistent IRS 990 filings.
Minimal liabilities reported in most years, indicating sound financial management.
Spending Breakdown
How Spirit Therapeutic Riding Center allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Spirit Therapeutic Riding Center
Is Spirit Therapeutic Riding Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Spirit Therapeutic Riding Center (EIN: 204210534) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Spirit Therapeutic Riding Center a good charity to donate to?
Spirit Therapeutic Riding Center has a Mission Score of 92/100. Revenue: $175K. Assets: $183K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spirit Therapeutic Riding Center?
The Employer Identification Number (EIN) for Spirit Therapeutic Riding Center is 204210534. 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 Spirit Therapeutic Riding Center spend its money?
Spirit Therapeutic Riding Center allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spirit Therapeutic Riding Center's tax-exempt status?
You can verify Spirit Therapeutic Riding Center's tax-exempt status using EIN 204210534 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
Spirit Therapeutic Riding Center demonstrates consistent financial activity, with annual revenues generally ranging between $100,000 and $250,000 over the past decade. The organization's assets have shown growth, increasing from $136,016 in 2014 to $211,775 in 2023, indicating a stable financial foundation. While the 2023 filing shows expenses exceeding revenue by approximately $59,000 ($225,089 expenses vs. $165,790 revenue), this appears to be an anomaly in recent years, as most other periods show revenues generally covering or exceeding expenses. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission.
The organization's spending efficiency appears strong given the lack of officer compensation, suggesting that a significant portion of funds directly supports its therapeutic riding programs. The relatively low liabilities across most years also point to sound financial management. Transparency is high, as evidenced by 13 years of consistent IRS 990 filings and the clear disclosure of no executive compensation. The fluctuation in revenue and expenses, particularly the deficit in 2023, warrants monitoring but does not immediately suggest systemic issues given the overall historical stability and asset growth.
Overall, Spirit Therapeutic Riding Center appears to be a financially stable and transparent organization, effectively utilizing its resources to deliver its mission. The consistent asset base and the absence of executive compensation are key strengths, demonstrating a commitment to program delivery over administrative overhead. The recent deficit in 2023 should be observed in future filings to ensure it was a temporary fluctuation rather than a new trend.