Alatheia Riding Center
EIN: 451552046 · Wenatchee, WA · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $575K |
| Net Assets | $2.9M |
Is Alatheia Riding Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alatheia Riding Center
Alatheia Riding Center (EIN: 451552046) is a nonprofit organization based in Wenatchee, WA, classified under NTEE code P99. The organization reported total revenue of $1.7M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alatheia Riding Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alatheia Riding Center is a mid-size nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 21.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $976K |
| Total Expenses | $575K |
| Surplus / Deficit | +$401K |
| Total Assets | $3.4M |
| Total Liabilities | $536K |
| Net Assets | $2.9M |
| Operating Margin | 41.1% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 71.1 months |
Financial Health Grade: A
In 2023, Alatheia Riding Center reported a surplus of $401K with revenue exceeding expenses, holds 71.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Alatheia Riding Center's revenue has grown at a compound annual growth rate (CAGR) of 21.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.5% | -4.5% | +12.6% |
| 2022 | +36.8% | +31.1% | +39.9% |
| 2021 | +129.0% | +34.7% | +37.9% |
| 2020 | -33.8% | -16.9% | +6.8% |
| 2019 | +40.1% | +30.4% | +146.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alatheia Riding Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alatheia Riding Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $401K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.7%.
Frequently Asked Questions about Alatheia Riding Center
Is Alatheia Riding Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Alatheia Riding Center (EIN: 451552046) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alatheia Riding Center spend its money?
Detailed spending breakdown data is not yet available for Alatheia Riding Center. Check back for updated IRS 990 analysis.
Are donations to Alatheia Riding Center tax-deductible?
Alatheia Riding Center is registered as a tax-exempt nonprofit (EIN: 451552046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alatheia Riding Center located?
Alatheia Riding Center is headquartered in Wenatchee, Washington and files with the IRS under EIN 451552046. It is classified under NTEE code P99.
How many years of IRS 990 filings does Alatheia Riding Center have?
Alatheia Riding Center has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for Alatheia Riding Center showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Alatheia Riding Center's revenue has grown by 301.1%, moving from $243K to $976K. Total assets increased by 1568.8% over the same period, from $204K to $3.4M. Total functional expenses rose by 114.1%, from $269K to $575K. In its most recent filing year (2023), Alatheia Riding Center reported a surplus of $401K, with revenue exceeding expenses. The organization holds $536K in liabilities against $3.4M in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $976K | $575K | $3.4M | $536K | — | — |
| 2022 | $1.5M | $602K | $3.0M | $556K | — | View 990 |
| 2021 | $1.1M | $459K | $2.2M | $582K | — | View 990 |
| 2020 | $476K | $341K | $1.6M | $618K | — | View 990 |
| 2019 | $719K | $410K | $1.5M | $653K | — | View 990 |
| 2018 | $513K | $315K | $596K | $88K | — | View 990 |
| 2017 | $420K | $287K | $356K | $47K | — | View 990 |
| 2016 | $243K | $269K | $204K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $976K, expenses of $575K, and assets of $3.4M (revenue -34.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $602K, and assets of $3.0M (revenue +36.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $459K, and assets of $2.2M (revenue +129.0% year-over-year).
- 2020: Revenue of $476K, expenses of $341K, and assets of $1.6M (revenue -33.8% year-over-year).
- 2019: Revenue of $719K, expenses of $410K, and assets of $1.5M (revenue +40.1% year-over-year).
- 2018: Revenue of $513K, expenses of $315K, and assets of $596K (revenue +22.3% year-over-year).
- 2017: Revenue of $420K, expenses of $287K, and assets of $356K (revenue +72.5% year-over-year).
- 2016: Revenue of $243K, expenses of $269K, and assets of $204K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alatheia Riding Center:
Data Sources and Methodology
This transparency report for Alatheia Riding Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.