Bits & Peaces Equine Rehabilitation
EIN: 823394464 · Belvidere, TN · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $212K |
| Net Assets | $25K |
Is Bits & Peaces Equine Rehabilitation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bits & Peaces Equine Rehabilitation
Bits & Peaces Equine Rehabilitation (EIN: 823394464) is a nonprofit organization based in Belvidere, TN, classified under NTEE code D20. The organization reported total revenue of $130K and total assets of $171K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bits & Peaces Equine Rehabilitation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bits & Peaces Equine Rehabilitation is a small nonprofit that has been operating for 8 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $212K |
| Surplus / Deficit | +$20K |
| Total Assets | $84K |
| Total Liabilities | $60K |
| Net Assets | $25K |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 70.5% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Bits & Peaces Equine Rehabilitation reported a surplus of $20K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 70.5% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1240 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bits & Peaces Equine Rehabilitation 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 Bits & Peaces Equine Rehabilitation 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 70.5%.
Frequently Asked Questions about Bits & Peaces Equine Rehabilitation
Is Bits & Peaces Equine Rehabilitation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bits & Peaces Equine Rehabilitation (EIN: 823394464) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bits & Peaces Equine Rehabilitation spend its money?
Detailed spending breakdown data is not yet available for Bits & Peaces Equine Rehabilitation. Check back for updated IRS 990 analysis.
Are donations to Bits & Peaces Equine Rehabilitation tax-deductible?
Bits & Peaces Equine Rehabilitation is registered as a tax-exempt nonprofit (EIN: 823394464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bits & Peaces Equine Rehabilitation located?
Bits & Peaces Equine Rehabilitation is headquartered in Belvidere, Tennessee and files with the IRS under EIN 823394464. It is classified under NTEE code D20.
Filing History
IRS 990 filing history for Bits & Peaces Equine Rehabilitation showing financial trends over 1 year of public records:
In its most recent filing year (2023), Bits & Peaces Equine Rehabilitation reported a surplus of $20K, with revenue exceeding expenses. The organization holds $60K in liabilities against $84K in assets (debt-to-asset ratio: 70.5%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $212K | $84K | $60K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bits & Peaces Equine Rehabilitation:
Data Sources and Methodology
This transparency report for Bits & Peaces Equine Rehabilitation 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.