Carter Reservoir Mustangs Inc
EIN: 473415397 · Richland, OR · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $450K |
| Total Expenses | $12K |
| Net Assets | $84K |
Is Carter Reservoir Mustangs Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carter Reservoir Mustangs Inc
Carter Reservoir Mustangs Inc (EIN: 473415397) is a nonprofit organization based in Richland, OR, classified under NTEE code D20. The organization reported total revenue of $450K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carter Reservoir Mustangs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carter Reservoir Mustangs Inc is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 82.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $12K |
| Surplus / Deficit | +$78K |
| Total Assets | $84K |
| Net Assets | $84K |
| Operating Margin | 86.3% |
| Months of Reserves | 81.6 months |
Financial Health Grade: A
In 2023, Carter Reservoir Mustangs Inc reported a surplus of $78K with revenue exceeding expenses, holds 81.6 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Carter Reservoir Mustangs Inc's revenue has grown at a compound annual growth rate (CAGR) of 82.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +782.2% | +18.5% | +1188.6% |
| 2022 | +93.3% | +156.7% | -3.6% |
| 2021 | -10.5% | -27.5% | +21.7% |
| 2020 | +3.2% | +95.5% | +5.4% |
| 2019 | +48.3% | +64.5% | +116.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1240 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carter Reservoir Mustangs Inc 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 Carter Reservoir Mustangs Inc 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 $78K, with revenue exceeding expenses.
Frequently Asked Questions about Carter Reservoir Mustangs Inc
Is Carter Reservoir Mustangs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carter Reservoir Mustangs Inc (EIN: 473415397) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carter Reservoir Mustangs Inc spend its money?
Detailed spending breakdown data is not yet available for Carter Reservoir Mustangs Inc. Check back for updated IRS 990 analysis.
Are donations to Carter Reservoir Mustangs Inc tax-deductible?
Carter Reservoir Mustangs Inc is registered as a tax-exempt nonprofit (EIN: 473415397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carter Reservoir Mustangs Inc located?
Carter Reservoir Mustangs Inc is headquartered in Richland, Oregon and files with the IRS under EIN 473415397. It is classified under NTEE code D20.
How many years of IRS 990 filings does Carter Reservoir Mustangs Inc have?
Carter Reservoir Mustangs Inc has 7 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 $450K in total revenue.
Filing History
IRS 990 filing history for Carter Reservoir Mustangs Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Carter Reservoir Mustangs Inc's revenue has grown by 3543.5%, moving from $2K to $90K. Total assets increased by 25772% over the same period, from $325 to $84K. Total functional expenses rose by 387.7%, from $3K to $12K. In its most recent filing year (2023), Carter Reservoir Mustangs Inc reported a surplus of $78K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $12K | $84K | $0 | — | View 990 |
| 2022 | $10K | $10K | $7K | $0 | — | — |
| 2021 | $5K | $4K | $7K | $0 | — | View 990 |
| 2020 | $6K | $6K | $6K | $0 | — | — |
| 2019 | $6K | $3K | $5K | $0 | — | View 990 |
| 2018 | $4K | $2K | $2K | $0 | — | View 990 |
| 2017 | $2K | $3K | $325 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $12K, and assets of $84K (revenue +782.2% year-over-year).
- 2022: Revenue of $10K, expenses of $10K, and assets of $7K (revenue +93.3% year-over-year).
- 2021: Revenue of $5K, expenses of $4K, and assets of $7K (revenue -10.5% year-over-year).
- 2020: Revenue of $6K, expenses of $6K, and assets of $6K (revenue +3.2% year-over-year).
- 2019: Revenue of $6K, expenses of $3K, and assets of $5K (revenue +48.3% year-over-year).
- 2018: Revenue of $4K, expenses of $2K, and assets of $2K (revenue +56.0% year-over-year).
- 2017: Revenue of $2K, expenses of $3K, and assets of $325.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carter Reservoir Mustangs Inc:
Data Sources and Methodology
This transparency report for Carter Reservoir Mustangs Inc 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.