Cornerstone Equine Therapy Center
EIN: 571147584 · Caldwell, ID · NTEE: N40
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $128K |
| Net Assets | $41K |
Is Cornerstone Equine Therapy Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cornerstone Equine Therapy Center
Cornerstone Equine Therapy Center (EIN: 571147584) is a nonprofit organization based in Caldwell, ID, classified under NTEE code N40. The organization reported total revenue of $77K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornerstone Equine Therapy Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornerstone Equine Therapy Center is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $128K |
| Surplus / Deficit | $-17,948 |
| Total Assets | $41K |
| Net Assets | $41K |
| Operating Margin | -16.2% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Cornerstone Equine Therapy Center reported a deficit of $18K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2023), Cornerstone Equine Therapy Center's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.8% | -25.9% | -62.8% |
| 2021 | +243.4% | -24.1% | -72.6% |
| 2020 | -88.6% | +28.6% | -32.8% |
| 2019 | +361.4% | +36.8% | +8.0% |
| 2018 | -30.0% | +31.5% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cornerstone Equine Therapy 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 Cornerstone Equine Therapy 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 $18K, with expenses exceeding revenue.
Frequently Asked Questions about Cornerstone Equine Therapy Center
Is Cornerstone Equine Therapy Center a legitimate charity?
Cornerstone Equine Therapy Center (EIN: 571147584) is a registered tax-exempt nonprofit based in Idaho. It has 12 years of IRS 990 filings on record. Total revenue: $77K. No red flags identified. Financial health grade: B.
How does Cornerstone Equine Therapy Center spend its money?
Cornerstone Equine Therapy Center reported $77K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cornerstone Equine Therapy Center tax-deductible?
Cornerstone Equine Therapy Center is registered as a tax-exempt nonprofit (EIN: 571147584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cornerstone Equine Therapy Center located?
Cornerstone Equine Therapy Center is headquartered in Caldwell, Idaho and files with the IRS under EIN 571147584. It is classified under NTEE code N40.
How many years of IRS 990 filings does Cornerstone Equine Therapy Center have?
Cornerstone Equine Therapy Center has 12 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 $77K in total revenue.
Filing History
IRS 990 filing history for Cornerstone Equine Therapy Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Cornerstone Equine Therapy Center's revenue has grown by 70.8%, moving from $65K to $111K. Total assets decreased by 34.6% over the same period, from $63K to $41K. Total functional expenses rose by 76.6%, from $73K to $128K. In its most recent filing year (2023), Cornerstone Equine Therapy Center reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $128K | $41K | $0 | — | — |
| 2021 | $114K | $173K | $110K | $0 | — | View 990 |
| 2020 | $33K | $228K | $402K | $40K | — | — |
| 2019 | $290K | $178K | $599K | $41K | — | View 990 |
| 2018 | $63K | $130K | $554K | $112K | — | View 990 |
| 2017 | $90K | $99K | $622K | $113K | — | — |
| 2016 | $72K | $87K | $567K | $49K | — | View 990 |
| 2015 | $96K | $105K | $575K | $40K | — | View 990 |
| 2014 | $51K | $106K | $578K | $34K | — | View 990 |
| 2013 | $632K | $63K | $609K | $10K | — | View 990 |
| 2012 | $79K | $80K | $58K | $13K | — | View 990 |
| 2011 | $65K | $73K | $63K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $128K, and assets of $41K (revenue -2.8% year-over-year).
- 2021: Revenue of $114K, expenses of $173K, and assets of $110K (revenue +243.4% year-over-year).
- 2020: Revenue of $33K, expenses of $228K, and assets of $402K (revenue -88.6% year-over-year).
- 2019: Revenue of $290K, expenses of $178K, and assets of $599K (revenue +361.4% year-over-year).
- 2018: Revenue of $63K, expenses of $130K, and assets of $554K (revenue -30.0% year-over-year).
- 2017: Revenue of $90K, expenses of $99K, and assets of $622K (revenue +25.6% year-over-year).
- 2016: Revenue of $72K, expenses of $87K, and assets of $567K (revenue -25.2% year-over-year).
- 2015: Revenue of $96K, expenses of $105K, and assets of $575K (revenue +89.2% year-over-year).
- 2014: Revenue of $51K, expenses of $106K, and assets of $578K (revenue -92.0% year-over-year).
- 2013: Revenue of $632K, expenses of $63K, and assets of $609K (revenue +696.9% year-over-year).
- 2012: Revenue of $79K, expenses of $80K, and assets of $58K (revenue +22.6% year-over-year).
- 2011: Revenue of $65K, expenses of $73K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornerstone Equine Therapy Center:
Data Sources and Methodology
This transparency report for Cornerstone Equine Therapy 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.