Centenary Equestrian Foundation Llc
EIN: 475219553 · Hackettstown, NJ · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $310K |
| Total Expenses | $3.3M |
| Net Assets | $43.7M |
Is Centenary Equestrian Foundation Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Centenary Equestrian Foundation Llc
Centenary Equestrian Foundation Llc (EIN: 475219553) is a nonprofit organization based in Hackettstown, NJ, classified under NTEE code B11. The organization reported total revenue of $310K and total assets of $72.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centenary Equestrian Foundation Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centenary Equestrian Foundation Llc is a small nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2016–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-2,096,088 |
| Total Assets | $73.7M |
| Total Liabilities | $30.0M |
| Net Assets | $43.7M |
| Operating Margin | -169.3% |
| Debt-to-Asset Ratio | 40.7% |
| Months of Reserves | 265.4 months |
Financial Health Grade: B
In 2023, Centenary Equestrian Foundation Llc reported a deficit of $2.1M with expenses exceeding revenue, holds 265.4 months of operating reserves (strong position), has a debt-to-asset ratio of 40.7% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.9% | -1.8% | -3.5% |
| 2022 | -2.5% | -3.6% | -3.1% |
| 2021 | +0.0% | -1.4% | -2.4% |
| 2020 | +0.0% | -6.0% | -1.4% |
| 2019 | -57.9% | -30.6% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Centenary Equestrian Foundation Llc 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 Centenary Equestrian Foundation Llc 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 $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.7%.
Frequently Asked Questions about Centenary Equestrian Foundation Llc
Is Centenary Equestrian Foundation Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Centenary Equestrian Foundation Llc (EIN: 475219553) insufficient data. 0 red flags identified, 0 strengths noted.
How does Centenary Equestrian Foundation Llc spend its money?
Detailed spending breakdown data is not yet available for Centenary Equestrian Foundation Llc. Check back for updated IRS 990 analysis.
Are donations to Centenary Equestrian Foundation Llc tax-deductible?
Centenary Equestrian Foundation Llc is registered as a tax-exempt nonprofit (EIN: 475219553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Centenary Equestrian Foundation Llc located?
Centenary Equestrian Foundation Llc is headquartered in Hackettstown, New Jersey and files with the IRS under EIN 475219553. It is classified under NTEE code B11.
How many years of IRS 990 filings does Centenary Equestrian Foundation Llc have?
Centenary Equestrian Foundation Llc has 8 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 $310K in total revenue.
Filing History
IRS 990 filing history for Centenary Equestrian Foundation Llc showing financial trends over 8 years of public records:
Total assets increased by 7374962100% over the same period, from $1 to $73.7M. In its most recent filing year (2023), Centenary Equestrian Foundation Llc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $30.0M in liabilities against $73.7M in assets (debt-to-asset ratio: 40.7%), resulting in net assets of $43.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $3.3M | $73.7M | $30.0M | — | View 990 |
| 2022 | $1.5M | $3.4M | $76.4M | $30.6M | — | View 990 |
| 2021 | $1.5M | $3.5M | $78.9M | $31.2M | — | — |
| 2020 | $1.5M | $3.6M | $80.8M | $31.1M | — | View 990 |
| 2019 | $1.5M | $3.8M | $81.9M | $30.1M | — | View 990 |
| 2018 | $3.6M | $5.5M | $86.6M | $33.9M | — | View 990 |
| 2017 | $126K | $384K | $88.6M | $34.5M | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $3.3M, and assets of $73.7M (revenue -15.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $3.4M, and assets of $76.4M (revenue -2.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $3.5M, and assets of $78.9M (revenue +0.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $3.6M, and assets of $80.8M (revenue +0.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $3.8M, and assets of $81.9M (revenue -57.9% year-over-year).
- 2018: Revenue of $3.6M, expenses of $5.5M, and assets of $86.6M (revenue +2747.9% year-over-year).
- 2017: Revenue of $126K, expenses of $384K, and assets of $88.6M.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centenary Equestrian Foundation Llc:
Data Sources and Methodology
This transparency report for Centenary Equestrian Foundation Llc 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.