Equine Assisted Development
EIN: 814149386 · Grand Rapids, MI · NTEE: N69
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $136K |
| Net Assets | $64K |
Is Equine Assisted Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Equine Assisted Development
Equine Assisted Development (EIN: 814149386) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code N69. The organization reported total revenue of $181K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equine Assisted Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equine Assisted Development is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $136K |
| Surplus / Deficit | $-17,189 |
| Total Assets | $78K |
| Total Liabilities | $14K |
| Net Assets | $64K |
| Operating Margin | -14.5% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Equine Assisted Development reported a deficit of $17K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Equine Assisted Development's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.2% | -1.9% | -20.5% |
| 2022 | -50.3% | +21.2% | -41.1% |
| 2021 | +220.2% | +36.9% | +247.6% |
| 2020 | -29.9% | +9.3% | -26.6% |
| 2019 | -12.4% | -6.9% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Equine Assisted Development 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 Equine Assisted Development 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 $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.5%.
Frequently Asked Questions about Equine Assisted Development
Is Equine Assisted Development a legitimate charity?
Equine Assisted Development (EIN: 814149386) is a registered tax-exempt nonprofit based in Michigan. It has 7 years of IRS 990 filings on record. Total revenue: $181K. No red flags identified. Financial health grade: B.
How does Equine Assisted Development spend its money?
Equine Assisted Development reported $181K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Equine Assisted Development tax-deductible?
Equine Assisted Development is registered as a tax-exempt nonprofit (EIN: 814149386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Equine Assisted Development located?
Equine Assisted Development is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 814149386. It is classified under NTEE code N69.
How many years of IRS 990 filings does Equine Assisted Development have?
Equine Assisted Development 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 $181K in total revenue.
Filing History
IRS 990 filing history for Equine Assisted Development showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Equine Assisted Development's revenue has grown by 45.9%, moving from $81K to $118K. Total assets increased by 113% over the same period, from $37K to $78K. Total functional expenses rose by 205.1%, from $44K to $136K. In its most recent filing year (2023), Equine Assisted Development reported a deficit of $17K, with expenses exceeding revenue. The organization holds $14K in liabilities against $78K in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $64K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $136K | $78K | $14K | — | — |
| 2022 | $97K | $138K | $98K | $17K | — | — |
| 2021 | $195K | $114K | $167K | $44K | — | — |
| 2020 | $61K | $83K | $48K | $6K | — | — |
| 2019 | $87K | $76K | $65K | $836 | — | View 990 |
| 2018 | $99K | $82K | $55K | $496 | — | View 990 |
| 2017 | $81K | $44K | $37K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $136K, and assets of $78K (revenue +22.2% year-over-year).
- 2022: Revenue of $97K, expenses of $138K, and assets of $98K (revenue -50.3% year-over-year).
- 2021: Revenue of $195K, expenses of $114K, and assets of $167K (revenue +220.2% year-over-year).
- 2020: Revenue of $61K, expenses of $83K, and assets of $48K (revenue -29.9% year-over-year).
- 2019: Revenue of $87K, expenses of $76K, and assets of $65K (revenue -12.4% year-over-year).
- 2018: Revenue of $99K, expenses of $82K, and assets of $55K (revenue +22.3% year-over-year).
- 2017: Revenue of $81K, expenses of $44K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equine Assisted Development:
Data Sources and Methodology
This transparency report for Equine Assisted Development 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.