Arabian Breeders Sweepstakes
EIN: 263791895 · Greenwood Vlg, CO · NTEE: D60
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $804K |
| Net Assets | $8.9M |
Is Arabian Breeders Sweepstakes Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arabian Breeders Sweepstakes
Arabian Breeders Sweepstakes (EIN: 263791895) is a nonprofit organization based in Greenwood Vlg, CO, classified under NTEE code D60. The organization reported total revenue of $1.0M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arabian Breeders Sweepstakes's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arabian Breeders Sweepstakes is a mid-size nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $738K |
| Total Expenses | $804K |
| Surplus / Deficit | $-65,977 |
| Total Assets | $9.5M |
| Total Liabilities | $555K |
| Net Assets | $8.9M |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 5.8% |
| Months of Reserves | 141.8 months |
Financial Health Grade: B
In 2023, Arabian Breeders Sweepstakes reported a deficit of $66K with expenses exceeding revenue, holds 141.8 months of operating reserves (strong position), has a debt-to-asset ratio of 5.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Arabian Breeders Sweepstakes's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.0% | -4.2% | +2.0% |
| 2022 | -8.5% | +11.1% | +1.4% |
| 2021 | -43.6% | +4.0% | +3.7% |
| 2020 | +83.5% | +19.6% | +12.1% |
| 2019 | +19.0% | +5.3% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arabian Breeders Sweepstakes 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 Arabian Breeders Sweepstakes 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 deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.8%.
Frequently Asked Questions about Arabian Breeders Sweepstakes
Is Arabian Breeders Sweepstakes a legitimate charity?
Arabian Breeders Sweepstakes (EIN: 263791895) is a registered tax-exempt nonprofit based in Colorado. It has 12 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: B.
How does Arabian Breeders Sweepstakes spend its money?
Arabian Breeders Sweepstakes reported $1.0M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Arabian Breeders Sweepstakes tax-deductible?
Arabian Breeders Sweepstakes is registered as a tax-exempt nonprofit (EIN: 263791895). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arabian Breeders Sweepstakes located?
Arabian Breeders Sweepstakes is headquartered in Greenwood Vlg, Colorado and files with the IRS under EIN 263791895. It is classified under NTEE code D60.
How many years of IRS 990 filings does Arabian Breeders Sweepstakes have?
Arabian Breeders Sweepstakes has 12 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Arabian Breeders Sweepstakes showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Arabian Breeders Sweepstakes's revenue has declined by 29.7%, moving from $1.0M to $738K. Total assets increased by 30% over the same period, from $7.3M to $9.5M. Total functional expenses fell by 20.4%, from $1.0M to $804K. In its most recent filing year (2023), Arabian Breeders Sweepstakes reported a deficit of $66K, with expenses exceeding revenue. The organization holds $555K in liabilities against $9.5M in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $738K | $804K | $9.5M | $555K | — | View 990 |
| 2022 | $858K | $839K | $9.3M | $302K | — | View 990 |
| 2021 | $938K | $756K | $9.2M | $193K | — | — |
| 2020 | $1.7M | $726K | $8.9M | $46K | — | — |
| 2019 | $906K | $608K | $7.9M | $30K | — | View 990 |
| 2018 | $762K | $577K | $7.6M | $31K | — | View 990 |
| 2017 | $707K | $571K | $7.6M | $181K | — | View 990 |
| 2016 | $623K | $419K | $7.5M | $270K | — | View 990 |
| 2015 | $635K | $665K | $7.2M | $158K | — | View 990 |
| 2014 | $702K | $816K | $7.1M | $43K | — | View 990 |
| 2013 | $754K | $856K | $7.2M | $25K | — | View 990 |
| 2012 | $1.0M | $1.0M | $7.3M | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $738K, expenses of $804K, and assets of $9.5M (revenue -14.0% year-over-year).
- 2022: Revenue of $858K, expenses of $839K, and assets of $9.3M (revenue -8.5% year-over-year).
- 2021: Revenue of $938K, expenses of $756K, and assets of $9.2M (revenue -43.6% year-over-year).
- 2020: Revenue of $1.7M, expenses of $726K, and assets of $8.9M (revenue +83.5% year-over-year).
- 2019: Revenue of $906K, expenses of $608K, and assets of $7.9M (revenue +19.0% year-over-year).
- 2018: Revenue of $762K, expenses of $577K, and assets of $7.6M (revenue +7.7% year-over-year).
- 2017: Revenue of $707K, expenses of $571K, and assets of $7.6M (revenue +13.6% year-over-year).
- 2016: Revenue of $623K, expenses of $419K, and assets of $7.5M (revenue -1.9% year-over-year).
- 2015: Revenue of $635K, expenses of $665K, and assets of $7.2M (revenue -9.6% year-over-year).
- 2014: Revenue of $702K, expenses of $816K, and assets of $7.1M (revenue -6.8% year-over-year).
- 2013: Revenue of $754K, expenses of $856K, and assets of $7.2M (revenue -28.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.0M, and assets of $7.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arabian Breeders Sweepstakes:
Data Sources and Methodology
This transparency report for Arabian Breeders Sweepstakes 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.