Back In The Saddle Equine Therapy Center
Back In The Saddle Equine Therapy Center shows revenue growth but increasing liabilities, with no reported officer compensation.
EIN: 200652400 · Warner, NH · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $389K |
| Total Expenses | $400K |
| Program Spending | 80% |
| Net Assets | $-48,074 |
| Transparency Score | 85/100 |
Is Back In The Saddle Equine Therapy Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Back In The Saddle Equine Therapy Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Back In The Saddle Equine Therapy Center
Back In The Saddle Equine Therapy Center (EIN: 200652400) is a nonprofit organization based in Warner, NH, classified under NTEE code B99. The organization reported total revenue of $389K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Back In The Saddle Equine Therapy Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Back In The Saddle Equine Therapy Center is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $423K |
| Total Expenses | $400K |
| Surplus / Deficit | +$23K |
| Total Assets | $91K |
| Total Liabilities | $139K |
| Net Assets | $-48,074 |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 152.9% |
| Months of Reserves | 2.7 months |
Financial Health Grade: B
In 2023, Back In The Saddle Equine Therapy Center reported a surplus of $23K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 152.9% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Back In The Saddle Equine Therapy Center's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.4% | +24.8% | +275.1% |
| 2022 | +33.0% | +64.5% | -53.0% |
| 2021 | +61.4% | +63.1% | +37.1% |
| 2020 | -8.7% | -6.8% | +75.7% |
| 2019 | +88.0% | +30.3% | +106.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Back In The Saddle Equine Therapy Center with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Back In The Saddle Equine Therapy Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 152.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-driven leadership model or that compensation falls below reporting thresholds, which is highly favorable for directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Back In The Saddle Equine Therapy Center's IRS 990 filings:
- Liabilities ($138,907 in 2023) significantly exceed assets ($90,833 in 2023), indicating potential financial strain or significant debt.
- Expenses exceeded revenue in multiple periods (e.g., 2022: $320,578 expenses vs. $260,272 revenue; 2018: $98,454 expenses vs. $70,656 revenue), which can deplete reserves.
Strengths
The following positive indicators were identified for Back In The Saddle Equine Therapy Center:
- Consistent growth in revenue and expenses over the past decade, indicating expanding operations and impact (e.g., revenue grew from $78,925 in 2014 to $422,778 in 2023).
- Zero reported officer compensation across all filings, demonstrating a strong commitment to directing funds towards the mission.
- Regular and consistent IRS 990 filings over 11 periods, indicating good governance and transparency.
- Strong program focus implied by the nature of the organization and the absence of high executive compensation.
Frequently Asked Questions about Back In The Saddle Equine Therapy Center
Is Back In The Saddle Equine Therapy Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Back In The Saddle Equine Therapy Center (EIN: 200652400) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Back In The Saddle Equine Therapy Center spend its money?
Back In The Saddle Equine Therapy Center directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Back In The Saddle Equine Therapy Center tax-deductible?
Back In The Saddle Equine Therapy Center is registered as a tax-exempt nonprofit (EIN: 200652400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Back In The Saddle Equine Therapy Center's spending goes to programs?
Back In The Saddle Equine Therapy Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Back In The Saddle Equine Therapy Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Back In The Saddle Equine Therapy Center is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Back In The Saddle Equine Therapy Center located?
Back In The Saddle Equine Therapy Center is headquartered in Warner, New Hampshire and files with the IRS under EIN 200652400. It is classified under NTEE code B99.
How many years of IRS 990 filings does Back In The Saddle Equine Therapy Center have?
Back In The Saddle Equine Therapy Center 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 $389K in total revenue.
What is the nature of the significant increase in liabilities, from $72,032 in 2021 to $138,907 in 2023?
This increase in liabilities, which now exceed total assets, could indicate significant debt, deferred revenue, or other obligations that need to be understood for a complete financial picture.
How does the organization manage its cash flow given that expenses have sometimes exceeded revenue (e.g., 2022: Revenue $260,272, Expenses $320,578)?
Periods where expenses exceed revenue suggest reliance on reserves, prior year surpluses, or other funding sources to cover operational costs, which could impact financial stability if not managed effectively.
What are the specific categories of program expenses that constitute the majority of the organization's spending?
Understanding the detailed breakdown of program expenses would provide insight into how funds are directly applied to equine therapy services and related activities.
Filing History
IRS 990 filing history for Back In The Saddle Equine Therapy Center showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Back In The Saddle Equine Therapy Center's revenue has grown by 423%, moving from $81K to $423K. Total assets increased by 270.8% over the same period, from $24K to $91K. Total functional expenses rose by 422.3%, from $77K to $400K. In its most recent filing year (2023), Back In The Saddle Equine Therapy Center reported a surplus of $23K, with revenue exceeding expenses. The organization holds $139K in liabilities against $91K in assets (debt-to-asset ratio: 152.9%), resulting in net assets of $-48,074.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $423K | $400K | $91K | $139K | — | View 990 |
| 2022 | $260K | $321K | $24K | $95K | — | View 990 |
| 2021 | $196K | $195K | $51K | $72K | — | View 990 |
| 2020 | $121K | $120K | $38K | $60K | — | View 990 |
| 2019 | $133K | $128K | $21K | $45K | — | View 990 |
| 2018 | $71K | $98K | $10K | $39K | — | View 990 |
| 2017 | $88K | $99K | $10K | $11K | — | View 990 |
| 2016 | $79K | $88K | $30K | $20K | — | — |
| 2015 | $109K | $108K | $33K | $14K | — | View 990 |
| 2014 | $79K | $79K | $36K | $17K | — | View 990 |
| 2013 | $81K | $77K | $24K | $6K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $423K, expenses of $400K, and assets of $91K (revenue +62.4% year-over-year).
- 2022: Revenue of $260K, expenses of $321K, and assets of $24K (revenue +33.0% year-over-year).
- 2021: Revenue of $196K, expenses of $195K, and assets of $51K (revenue +61.4% year-over-year).
- 2020: Revenue of $121K, expenses of $120K, and assets of $38K (revenue -8.7% year-over-year).
- 2019: Revenue of $133K, expenses of $128K, and assets of $21K (revenue +88.0% year-over-year).
- 2018: Revenue of $71K, expenses of $98K, and assets of $10K (revenue -19.9% year-over-year).
- 2017: Revenue of $88K, expenses of $99K, and assets of $10K (revenue +11.7% year-over-year).
- 2016: Revenue of $79K, expenses of $88K, and assets of $30K (revenue -27.7% year-over-year).
- 2015: Revenue of $109K, expenses of $108K, and assets of $33K (revenue +38.3% year-over-year).
- 2014: Revenue of $79K, expenses of $79K, and assets of $36K (revenue -2.4% year-over-year).
- 2013: Revenue of $81K, expenses of $77K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Back In The Saddle Equine Therapy Center:
Data Sources and Methodology
This transparency report for Back In The Saddle Equine Therapy 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.