Arabian Racing Cup
EIN: 621207410 · Smyrna, DE
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $21K |
| Net Assets | $213K |
Is Arabian Racing Cup Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arabian Racing Cup
Arabian Racing Cup (EIN: 621207410) is a nonprofit organization based in Smyrna, DE. The organization reported total revenue of $23K and total assets of $185K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arabian Racing Cup's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arabian Racing Cup is a micro nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -141.1% | -66.8% | -12.6% |
| 2019 | -88.1% | +225.4% | -23.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arabian Racing Cup 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 Racing Cup 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:
Frequently Asked Questions about Arabian Racing Cup
Is Arabian Racing Cup a legitimate charity?
Arabian Racing Cup (EIN: 621207410) is a registered tax-exempt nonprofit based in Delaware. It has 13 years of IRS 990 filings on record. Total revenue: $23K. No red flags identified. Financial health grade: B.
How does Arabian Racing Cup spend its money?
Arabian Racing Cup reported $23K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Arabian Racing Cup tax-deductible?
Arabian Racing Cup is registered as a tax-exempt nonprofit (EIN: 621207410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arabian Racing Cup located?
Arabian Racing Cup is headquartered in Smyrna, Delaware and files with the IRS under EIN 621207410.
How many years of IRS 990 filings does Arabian Racing Cup have?
Arabian Racing Cup has 13 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 $23K in total revenue.
Filing History
IRS 990 filing history for Arabian Racing Cup showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Arabian Racing Cup's revenue has declined by 136.4%, moving from $27K to $-9,929. Total assets increased by 1007.2% over the same period, from $19K to $213K. Total functional expenses rose by 118.9%, from $9K to $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-9,929 | $21K | $213K | $0 | — | — |
| 2022 | $-4,157 | $18K | $244K | $0 | — | — |
| 2021 | $-6,216 | $25K | $266K | $0 | — | — |
| 2020 | $-4,707 | $38K | $297K | $0 | — | View 990 |
| 2019 | $11K | $115K | $340K | $0 | — | View 990 |
| 2018 | $97K | $35K | $443K | $0 | — | View 990 |
| 2017 | $114K | $31K | $382K | $0 | — | View 990 |
| 2016 | $98K | $25K | $300K | $0 | — | View 990 |
| 2015 | $139K | $42K | $227K | $0 | — | View 990 |
| 2014 | $55K | $33K | $129K | $0 | — | View 990 |
| 2013 | $67K | $18K | $107K | $0 | — | View 990 |
| 2012 | $59K | $19K | $58K | $0 | — | View 990 |
| 2011 | $27K | $9K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-9,929, expenses of $21K, and assets of $213K.
- 2022: Revenue of $-4,157, expenses of $18K, and assets of $244K.
- 2021: Revenue of $-6,216, expenses of $25K, and assets of $266K.
- 2020: Revenue of $-4,707, expenses of $38K, and assets of $297K (revenue -141.1% year-over-year).
- 2019: Revenue of $11K, expenses of $115K, and assets of $340K (revenue -88.1% year-over-year).
- 2018: Revenue of $97K, expenses of $35K, and assets of $443K (revenue -15.2% year-over-year).
- 2017: Revenue of $114K, expenses of $31K, and assets of $382K (revenue +15.8% year-over-year).
- 2016: Revenue of $98K, expenses of $25K, and assets of $300K (revenue -29.5% year-over-year).
- 2015: Revenue of $139K, expenses of $42K, and assets of $227K (revenue +152.4% year-over-year).
- 2014: Revenue of $55K, expenses of $33K, and assets of $129K (revenue -17.4% year-over-year).
- 2013: Revenue of $67K, expenses of $18K, and assets of $107K (revenue +14.0% year-over-year).
- 2012: Revenue of $59K, expenses of $19K, and assets of $58K (revenue +115.1% year-over-year).
- 2011: Revenue of $27K, expenses of $9K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arabian Racing Cup:
Data Sources and Methodology
This transparency report for Arabian Racing Cup 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.