Amazing Grace Equine Sanctuary Inc
EIN: 263776085 · Elkhart Lake, WI · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $137K |
| Net Assets | $126K |
Is Amazing Grace Equine Sanctuary Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amazing Grace Equine Sanctuary Inc
Amazing Grace Equine Sanctuary Inc (EIN: 263776085) is a nonprofit organization based in Elkhart Lake, WI, classified under NTEE code D20. The organization reported total revenue of $152K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amazing Grace Equine Sanctuary Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amazing Grace Equine Sanctuary Inc is a small nonprofit that has been operating for 17 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $137K |
| Surplus / Deficit | +$20K |
| Total Assets | $126K |
| Net Assets | $126K |
| Operating Margin | 12.6% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2024, Amazing Grace Equine Sanctuary Inc reported a surplus of $20K with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2014–2024), Amazing Grace Equine Sanctuary Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.5% | +1.9% | +18.6% |
| 2023 | -8.7% | -13.7% | +21.1% |
| 2022 | +6.1% | +1.8% | +15.6% |
| 2021 | +11.7% | -3.7% | +7.0% |
| 2020 | -3.6% | -0.2% | -19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Amazing Grace Equine Sanctuary Inc 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 Amazing Grace Equine Sanctuary Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
Frequently Asked Questions about Amazing Grace Equine Sanctuary Inc
Is Amazing Grace Equine Sanctuary Inc a legitimate charity?
Amazing Grace Equine Sanctuary Inc (EIN: 263776085) is a registered tax-exempt nonprofit based in Wisconsin. It has 11 years of IRS 990 filings on record. Total revenue: $152K. No red flags identified. Financial health grade: A.
How does Amazing Grace Equine Sanctuary Inc spend its money?
Amazing Grace Equine Sanctuary Inc reported $152K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Amazing Grace Equine Sanctuary Inc tax-deductible?
Amazing Grace Equine Sanctuary Inc is registered as a tax-exempt nonprofit (EIN: 263776085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amazing Grace Equine Sanctuary Inc located?
Amazing Grace Equine Sanctuary Inc is headquartered in Elkhart Lake, Wisconsin and files with the IRS under EIN 263776085. It is classified under NTEE code D20.
How many years of IRS 990 filings does Amazing Grace Equine Sanctuary Inc have?
Amazing Grace Equine Sanctuary Inc has 11 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 $152K in total revenue.
Filing History
IRS 990 filing history for Amazing Grace Equine Sanctuary Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Amazing Grace Equine Sanctuary Inc's revenue has grown by 56.5%, moving from $100K to $156K. Total assets increased by 466.3% over the same period, from $22K to $126K. Total functional expenses rose by 59.3%, from $86K to $137K. In its most recent filing year (2024), Amazing Grace Equine Sanctuary Inc reported a surplus of $20K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $156K | $137K | $126K | $0 | — | — |
| 2023 | $153K | $134K | $106K | $0 | — | View 990 |
| 2022 | $167K | $155K | $88K | $0 | — | View 990 |
| 2021 | $158K | $153K | $76K | $0 | — | — |
| 2020 | $141K | $159K | $71K | $0 | — | View 990 |
| 2019 | $146K | $159K | $89K | $97 | — | View 990 |
| 2018 | $168K | $159K | $104K | $3K | — | View 990 |
| 2017 | $117K | $129K | $103K | $11K | — | View 990 |
| 2016 | $138K | $155K | $122K | $11K | — | View 990 |
| 2015 | $209K | $98K | $137K | $12K | — | View 990 |
| 2014 | $100K | $86K | $22K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $156K, expenses of $137K, and assets of $126K (revenue +2.5% year-over-year).
- 2023: Revenue of $153K, expenses of $134K, and assets of $106K (revenue -8.7% year-over-year).
- 2022: Revenue of $167K, expenses of $155K, and assets of $88K (revenue +6.1% year-over-year).
- 2021: Revenue of $158K, expenses of $153K, and assets of $76K (revenue +11.7% year-over-year).
- 2020: Revenue of $141K, expenses of $159K, and assets of $71K (revenue -3.6% year-over-year).
- 2019: Revenue of $146K, expenses of $159K, and assets of $89K (revenue -13.1% year-over-year).
- 2018: Revenue of $168K, expenses of $159K, and assets of $104K (revenue +43.9% year-over-year).
- 2017: Revenue of $117K, expenses of $129K, and assets of $103K (revenue -15.4% year-over-year).
- 2016: Revenue of $138K, expenses of $155K, and assets of $122K (revenue -33.7% year-over-year).
- 2015: Revenue of $209K, expenses of $98K, and assets of $137K (revenue +108.7% year-over-year).
- 2014: Revenue of $100K, expenses of $86K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amazing Grace Equine Sanctuary Inc:
Data Sources and Methodology
This transparency report for Amazing Grace Equine Sanctuary Inc 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.