Cave Creek Cutting Horse Association
Cave Creek Cutting Horse Association shows consistent revenue growth and strong financial health with zero liabilities and no officer compensation.
EIN: 113728760 · Paulden, AZ · NTEE: D61 · Updated: 2026-03-28
Is Cave Creek Cutting Horse Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cave Creek Cutting Horse Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cave Creek Cutting Horse Association
Cave Creek Cutting Horse Association (EIN: 113728760) is a nonprofit organization based in Paulden, AZ, classified under NTEE code D61. The organization reported total revenue of $186K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cave Creek Cutting Horse Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cave Creek Cutting Horse Association is a small nonprofit that has been operating for 4 years, with 9 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of 12.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $158K |
| Total Expenses | $142K |
| Surplus / Deficit | +$15K |
| Total Assets | $62K |
| Net Assets | $62K |
| Operating Margin | 9.8% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2024, Cave Creek Cutting Horse Association reported a surplus of $15K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2016–2024), Cave Creek Cutting Horse Association's revenue has grown at a compound annual growth rate (CAGR) of 12.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -7.8% | -16.1% | +33.2% |
| 2023 | +2.1% | +9.4% | +3.5% |
| 2022 | +22.5% | +19.5% | +38.7% |
| 2021 | +59.2% | +49.2% | +27.6% |
| 2020 | +129.6% | +125.9% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Cave Creek Cutting Horse Association with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Cave Creek Cutting Horse Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all nine filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size (latest revenue $157,675).
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.
Strengths
The following positive indicators were identified for Cave Creek Cutting Horse Association:
- Consistent revenue growth (from $37,412 in 2019 to $157,675 in 2024).
- Zero liabilities reported across all nine filings, indicating strong financial health.
- 0% officer compensation reported, suggesting highly efficient and potentially volunteer-driven leadership.
- Consistent growth in assets (from $25,375 in 2020 to $61,922 in 2024).
- Positive net income in most recent periods (e.g., $15,441 in 2024, $1,574 in 2023, $12,534 in 2022).
Frequently Asked Questions about Cave Creek Cutting Horse Association
Is Cave Creek Cutting Horse Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Cave Creek Cutting Horse Association (EIN: 113728760) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Cave Creek Cutting Horse Association spend its money?
Cave Creek Cutting Horse Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cave Creek Cutting Horse Association tax-deductible?
Cave Creek Cutting Horse Association is registered as a tax-exempt nonprofit (EIN: 113728760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cave Creek Cutting Horse Association financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth from $37,412 in 2019 to $157,675 in 2024, and a healthy increase in assets from $25,375 in 2020 to $61,922 in 2024. Crucially, it consistently reports $0 in liabilities across all filings.
How efficient is Cave Creek Cutting Horse Association with its spending?
The organization appears highly efficient, especially given the consistent reporting of 0% officer compensation. This suggests a very lean operational structure where a significant portion of funds can be directed towards its mission. Expenses generally track revenue, indicating responsible management.
Does Cave Creek Cutting Horse Association have any debt?
No, the organization consistently reports $0 in liabilities across all nine IRS 990 filings, indicating a debt-free financial position.
Has Cave Creek Cutting Horse Association's revenue been growing?
Yes, the organization has shown significant revenue growth, increasing from $37,412 in 2019 to $157,675 in 2024, demonstrating increasing support and activity.
Filing History
IRS 990 filing history for Cave Creek Cutting Horse Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2024), Cave Creek Cutting Horse Association's revenue has grown by 150.2%, moving from $63K to $158K. Total assets increased by 90.4% over the same period, from $33K to $62K. Total functional expenses rose by 116.6%, from $66K to $142K. In its most recent filing year (2024), Cave Creek Cutting Horse Association reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $158K | $142K | $62K | $0 | — | — |
| 2023 | $171K | $169K | $46K | $0 | — | — |
| 2022 | $167K | $155K | $45K | $0 | — | View 990 |
| 2021 | $137K | $130K | $32K | $0 | — | View 990 |
| 2020 | $86K | $87K | $25K | $0 | — | — |
| 2019 | $37K | $39K | $26K | $0 | — | — |
| 2018 | $13K | $25K | $27K | $0 | — | — |
| 2017 | $63K | $56K | $39K | $0 | — | — |
| 2016 | $63K | $66K | $33K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $158K, expenses of $142K, and assets of $62K (revenue -7.8% year-over-year).
- 2023: Revenue of $171K, expenses of $169K, and assets of $46K (revenue +2.1% year-over-year).
- 2022: Revenue of $167K, expenses of $155K, and assets of $45K (revenue +22.5% year-over-year).
- 2021: Revenue of $137K, expenses of $130K, and assets of $32K (revenue +59.2% year-over-year).
- 2020: Revenue of $86K, expenses of $87K, and assets of $25K (revenue +129.6% year-over-year).
- 2019: Revenue of $37K, expenses of $39K, and assets of $26K (revenue +192.2% year-over-year).
- 2018: Revenue of $13K, expenses of $25K, and assets of $27K (revenue -79.7% year-over-year).
- 2017: Revenue of $63K, expenses of $56K, and assets of $39K (revenue -0.1% year-over-year).
- 2016: Revenue of $63K, expenses of $66K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cave Creek Cutting Horse Association:
Data Sources and Methodology
This transparency report for Cave Creek Cutting Horse Association 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.