Epona Horse Rescue Inc
Epona Horse Rescue Inc. consistently operates with 0% officer compensation but faces declining assets and fluctuating revenues.
EIN: 201398014 · Crete, NE · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $232K |
| Total Expenses | $223K |
| Program Spending | 85% |
| Net Assets | $659K |
| Transparency Score | 85/100 |
Is Epona Horse Rescue Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Epona Horse Rescue Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Epona Horse Rescue Inc
Epona Horse Rescue Inc (EIN: 201398014) is a nonprofit organization based in Crete, NE, classified under NTEE code D20. The organization reported total revenue of $232K and total assets of $626K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Epona Horse Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Epona Horse Rescue Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $223K |
| Surplus / Deficit | $-102,973 |
| Total Assets | $659K |
| Net Assets | $659K |
| Operating Margin | -85.8% |
| Months of Reserves | 35.5 months |
Financial Health Grade: B
In 2023, Epona Horse Rescue Inc reported a deficit of $103K with expenses exceeding revenue, holds 35.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Epona Horse Rescue Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +303.6% | +69.3% | -13.7% |
| 2022 | -82.7% | +24.4% | -11.6% |
| 2021 | +266.1% | +68.0% | +11.5% |
| 2020 | -6.4% | -8.4% | -1.2% |
| 2019 | +11.0% | +9.9% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2006 |
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 Epona Horse Rescue Inc with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, Epona Horse Rescue Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $103K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization and a highly efficient use of funds that directly benefits the mission rather than administrative salaries.
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.
Red Flags
The following concerns were identified during AI analysis of Epona Horse Rescue Inc's IRS 990 filings:
- Expenses frequently exceed revenue, as seen in 2023 ($223,007 expenses vs. $120,034 revenue) and 2022 ($131,710 expenses vs. $29,741 revenue).
- Consistent decline in total assets over the past decade, from $868,099 in 2014 to $659,340 in 2023.
- Significant fluctuations in annual revenue, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for Epona Horse Rescue Inc:
- Consistent 0% officer compensation, indicating a volunteer-driven leadership and efficient use of donor funds.
- Low to no liabilities in recent years, demonstrating sound debt management.
- Substantial asset base, despite recent declines, providing a buffer for operations.
- Strong program focus, implied by the nature of a horse rescue organization and efficient spending.
Frequently Asked Questions about Epona Horse Rescue Inc
Is Epona Horse Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Epona Horse Rescue Inc (EIN: 201398014) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Epona Horse Rescue Inc spend its money?
Epona Horse Rescue Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Epona Horse Rescue Inc tax-deductible?
Epona Horse Rescue Inc is registered as a tax-exempt nonprofit (EIN: 201398014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Epona Horse Rescue Inc's spending goes to programs?
Epona Horse Rescue Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Epona Horse Rescue Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Epona Horse Rescue Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Epona Horse Rescue Inc located?
Epona Horse Rescue Inc is headquartered in Crete, Nebraska and files with the IRS under EIN 201398014. It is classified under NTEE code D20.
How many years of IRS 990 filings does Epona Horse Rescue Inc have?
Epona Horse Rescue Inc 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 $232K in total revenue.
Is Epona Horse Rescue Inc. a good charity?
Based on the available data, Epona Horse Rescue Inc. appears to be a good charity, particularly due to its 0% officer compensation and clear dedication to its mission. However, potential donors should be aware of the recent trend of expenses exceeding revenue and the gradual decline in assets.
How does Epona Horse Rescue Inc. manage its executive compensation?
Epona Horse Rescue Inc. reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership is entirely volunteer-based, which is a strong positive for donor confidence.
What is the trend in Epona Horse Rescue Inc.'s assets?
The organization's assets have shown a declining trend, from $868,099 in 2014 to $659,340 in 2023, suggesting that expenses have frequently outpaced revenue, leading to a draw on reserves.
Does Epona Horse Rescue Inc. have significant liabilities?
No, Epona Horse Rescue Inc. has reported $0 in liabilities for the 2023 and 2021 periods, and very low liabilities in other recent years, indicating strong financial management regarding debt.
Filing History
IRS 990 filing history for Epona Horse Rescue Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Epona Horse Rescue Inc's revenue has grown by 389.5%, moving from $25K to $120K. Total assets increased by 77.7% over the same period, from $371K to $659K. Total functional expenses rose by 177.5%, from $80K to $223K. In its most recent filing year (2023), Epona Horse Rescue Inc reported a deficit of $103K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $223K | $659K | $0 | — | — |
| 2022 | $30K | $132K | $764K | $2K | — | View 990 |
| 2021 | $172K | $106K | $864K | $0 | — | View 990 |
| 2020 | $47K | $63K | $775K | $-23,178 | — | — |
| 2019 | $50K | $69K | $785K | $-29,471 | — | View 990 |
| 2018 | $45K | $63K | $800K | $-32,556 | — | View 990 |
| 2017 | $101K | $111K | $816K | $-34,389 | — | View 990 |
| 2016 | $62K | $70K | $824K | $-36,680 | — | View 990 |
| 2015 | $71K | $83K | $847K | $-22,166 | — | View 990 |
| 2014 | $59K | $135K | $868K | $-13,506 | — | View 990 |
| 2013 | $709K | $155K | $945K | $-12,579 | — | View 990 |
| 2012 | $116K | $83K | $395K | $-7,911 | — | View 990 |
| 2011 | $25K | $80K | $371K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $223K, and assets of $659K (revenue +303.6% year-over-year).
- 2022: Revenue of $30K, expenses of $132K, and assets of $764K (revenue -82.7% year-over-year).
- 2021: Revenue of $172K, expenses of $106K, and assets of $864K (revenue +266.1% year-over-year).
- 2020: Revenue of $47K, expenses of $63K, and assets of $775K (revenue -6.4% year-over-year).
- 2019: Revenue of $50K, expenses of $69K, and assets of $785K (revenue +11.0% year-over-year).
- 2018: Revenue of $45K, expenses of $63K, and assets of $800K (revenue -55.1% year-over-year).
- 2017: Revenue of $101K, expenses of $111K, and assets of $816K (revenue +63.6% year-over-year).
- 2016: Revenue of $62K, expenses of $70K, and assets of $824K (revenue -12.8% year-over-year).
- 2015: Revenue of $71K, expenses of $83K, and assets of $847K (revenue +19.6% year-over-year).
- 2014: Revenue of $59K, expenses of $135K, and assets of $868K (revenue -91.7% year-over-year).
- 2013: Revenue of $709K, expenses of $155K, and assets of $945K (revenue +509.1% year-over-year).
- 2012: Revenue of $116K, expenses of $83K, and assets of $395K (revenue +374.7% year-over-year).
- 2011: Revenue of $25K, expenses of $80K, and assets of $371K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Epona Horse Rescue Inc:
Data Sources and Methodology
This transparency report for Epona Horse Rescue 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.