Bravehearts Theapeutic Riding And Educational Center
EIN: 320034746 · Harvard, IL · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.6M |
| Net Assets | $5.5M |
Is Bravehearts Theapeutic Riding And Educational Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bravehearts Theapeutic Riding And Educational Center
Bravehearts Theapeutic Riding And Educational Center (EIN: 320034746) is a nonprofit organization based in Harvard, IL, classified under NTEE code P80. The organization reported total revenue of $3.4M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bravehearts Theapeutic Riding And Educational Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bravehearts Theapeutic Riding And Educational Center is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-36,870 |
| Total Assets | $5.7M |
| Total Liabilities | $135K |
| Net Assets | $5.5M |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 25.8 months |
Financial Health Grade: B
In 2023, Bravehearts Theapeutic Riding And Educational Center reported a deficit of $37K with expenses exceeding revenue, holds 25.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bravehearts Theapeutic Riding And Educational Center's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.7% | +8.5% | +0.6% |
| 2022 | +10.9% | +22.9% | +10.6% |
| 2021 | +31.4% | +15.6% | +15.9% |
| 2020 | -3.7% | -2.6% | +9.7% |
| 2019 | +25.4% | +6.4% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bravehearts Theapeutic Riding And Educational Center 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 Bravehearts Theapeutic Riding And Educational Center 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Bravehearts Theapeutic Riding And Educational Center
Is Bravehearts Theapeutic Riding And Educational Center a legitimate charity?
Bravehearts Theapeutic Riding And Educational Center (EIN: 320034746) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. Financial health grade: B.
How does Bravehearts Theapeutic Riding And Educational Center spend its money?
Bravehearts Theapeutic Riding And Educational Center reported $3.4M 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 Bravehearts Theapeutic Riding And Educational Center tax-deductible?
Bravehearts Theapeutic Riding And Educational Center is registered as a tax-exempt nonprofit (EIN: 320034746). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bravehearts Theapeutic Riding And Educational Center located?
Bravehearts Theapeutic Riding And Educational Center is headquartered in Harvard, Illinois and files with the IRS under EIN 320034746. It is classified under NTEE code P80.
How many years of IRS 990 filings does Bravehearts Theapeutic Riding And Educational Center have?
Bravehearts Theapeutic Riding And Educational Center 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 $3.4M in total revenue.
Filing History
IRS 990 filing history for Bravehearts Theapeutic Riding And Educational Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bravehearts Theapeutic Riding And Educational Center's revenue has grown by 210.4%, moving from $838K to $2.6M. Total assets increased by 72.7% over the same period, from $3.3M to $5.7M. Total functional expenses rose by 174.1%, from $963K to $2.6M. In its most recent filing year (2023), Bravehearts Theapeutic Riding And Educational Center reported a deficit of $37K, with expenses exceeding revenue. The organization holds $135K in liabilities against $5.7M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $5.7M | $135K | — | View 990 |
| 2022 | $3.0M | $2.4M | $5.6M | $95K | — | View 990 |
| 2021 | $2.7M | $2.0M | $5.1M | $73K | — | View 990 |
| 2020 | $2.0M | $1.7M | $4.4M | $104K | — | View 990 |
| 2019 | $2.1M | $1.8M | $4.0M | $71K | — | View 990 |
| 2018 | $1.7M | $1.7M | $3.6M | $69K | — | View 990 |
| 2017 | $1.6M | $1.4M | $3.6M | $123K | — | View 990 |
| 2016 | $1.4M | $1.3M | $3.4M | $69K | — | View 990 |
| 2015 | $1.4M | $1.2M | $3.2M | $24K | — | View 990 |
| 2014 | $1.2M | $1.2M | $3.0M | $33K | — | View 990 |
| 2013 | $955K | $1.1M | $3.0M | $44K | — | View 990 |
| 2012 | $894K | $1.1M | $3.1M | $82K | — | View 990 |
| 2011 | $838K | $963K | $3.3M | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $5.7M (revenue -12.7% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.4M, and assets of $5.6M (revenue +10.9% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.0M, and assets of $5.1M (revenue +31.4% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.7M, and assets of $4.4M (revenue -3.7% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.8M, and assets of $4.0M (revenue +25.4% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $3.6M (revenue +5.3% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.4M, and assets of $3.6M (revenue +15.1% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $3.4M (revenue +0.0% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $3.2M (revenue +13.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $3.0M (revenue +29.2% year-over-year).
- 2013: Revenue of $955K, expenses of $1.1M, and assets of $3.0M (revenue +6.8% year-over-year).
- 2012: Revenue of $894K, expenses of $1.1M, and assets of $3.1M (revenue +6.7% year-over-year).
- 2011: Revenue of $838K, expenses of $963K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bravehearts Theapeutic Riding And Educational Center:
Data Sources and Methodology
This transparency report for Bravehearts Theapeutic Riding And Educational 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.