Equine Partnership Program
Equine Partnership Program faces financial sustainability challenges with recent operating deficits despite zero officer compensation.
EIN: 205197530 · Parker, CO · NTEE: D60 · Updated: 2026-03-28
Is Equine Partnership Program Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Equine Partnership Program directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Equine Partnership Program
Equine Partnership Program (EIN: 205197530) is a nonprofit organization based in Parker, CO, classified under NTEE code D60. The organization reported total revenue of $173K and total assets of $161K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equine Partnership Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equine Partnership Program is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 12.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $81K |
| Surplus / Deficit | $-29,265 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -56.5% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Equine Partnership Program reported a deficit of $29K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2010–2023), Equine Partnership Program's revenue has grown at a compound annual growth rate (CAGR) of 12.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.2% | -22.9% | -76.5% |
| 2022 | +96.1% | +148.3% | -31.1% |
| 2021 | -9.9% | -21.3% | +4.9% |
| 2020 | -29.3% | -43.8% | -7.0% |
| 2019 | -35.3% | +50.5% | -30.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Equine Partnership Program with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Equine Partnership Program allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $29K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization, which is highly commendable for an organization of its size with latest revenue of $173,036.
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 Equine Partnership Program's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202312, 202212, 202012, 201912)
- Significant decline in assets from $81,669 in 201812 to $8,903 in 202312
- Reliance on fluctuating revenue streams, leading to unpredictable financial outcomes
Strengths
The following positive indicators were identified for Equine Partnership Program:
- Zero officer compensation across all reported periods, indicating volunteer leadership
- No reported liabilities, demonstrating strong debt management
- Clear mission alignment with NTEE code D60 (Animal Protection & Welfare)
- Long filing history (11 filings) indicating consistent compliance and transparency
Frequently Asked Questions about Equine Partnership Program
Is Equine Partnership Program a legitimate charity?
Based on AI analysis of IRS 990 filings, Equine Partnership Program (EIN: 205197530) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Equine Partnership Program spend its money?
Equine Partnership Program directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Equine Partnership Program tax-deductible?
Equine Partnership Program is registered as a tax-exempt nonprofit (EIN: 205197530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Equine Partnership Program a good charity?
Equine Partnership Program shows strong dedication to its mission with 0% officer compensation and a clear program focus. However, its financial stability has been inconsistent, with expenses exceeding revenue in several recent years (e.g., 202312 and 202212), leading to a decline in assets. Donors should consider its commitment to mission versus its financial sustainability challenges.
What is the trend in the organization's financial health?
The organization's financial health has been inconsistent. While it had surpluses in some years (e.g., 201812: Revenue=$109,001, Expenses=$63,642), it has experienced deficits in more recent periods (e.g., 202312: Revenue=$51,828, Expenses=$81,093; 202212: Revenue=$88,106, Expenses=$105,198), leading to a decrease in its asset base from $81,669 in 201812 to $8,903 in 202312.
How does the organization manage its liabilities?
Equine Partnership Program has consistently reported $0 in liabilities across all available IRS 990 filings, indicating excellent financial management in avoiding debt.
Filing History
IRS 990 filing history for Equine Partnership Program showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Equine Partnership Program's revenue has grown by 343.8%, moving from $12K to $52K. Total assets increased by 72.5% over the same period, from $5K to $9K. Total functional expenses rose by 872.9%, from $8K to $81K. In its most recent filing year (2023), Equine Partnership Program reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $81K | $9K | $0 | — | View 990 |
| 2022 | $88K | $105K | $38K | $0 | — | View 990 |
| 2021 | $45K | $42K | $55K | $0 | — | View 990 |
| 2020 | $50K | $54K | $52K | $0 | — | — |
| 2019 | $71K | $96K | $56K | $0 | — | View 990 |
| 2018 | $109K | $64K | $82K | $0 | — | View 990 |
| 2016 | $67K | $40K | $49K | $0 | — | View 990 |
| 2015 | $40K | $30K | $21K | $0 | — | View 990 |
| 2014 | $15K | $14K | $10K | $0 | — | View 990 |
| 2012 | $15K | $10K | $7K | $0 | — | View 990 |
| 2010 | $12K | $8K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $81K, and assets of $9K (revenue -41.2% year-over-year).
- 2022: Revenue of $88K, expenses of $105K, and assets of $38K (revenue +96.1% year-over-year).
- 2021: Revenue of $45K, expenses of $42K, and assets of $55K (revenue -9.9% year-over-year).
- 2020: Revenue of $50K, expenses of $54K, and assets of $52K (revenue -29.3% year-over-year).
- 2019: Revenue of $71K, expenses of $96K, and assets of $56K (revenue -35.3% year-over-year).
- 2018: Revenue of $109K, expenses of $64K, and assets of $82K (revenue +61.6% year-over-year).
- 2016: Revenue of $67K, expenses of $40K, and assets of $49K (revenue +69.3% year-over-year).
- 2015: Revenue of $40K, expenses of $30K, and assets of $21K (revenue +165.8% year-over-year).
- 2014: Revenue of $15K, expenses of $14K, and assets of $10K (revenue -1.5% year-over-year).
- 2012: Revenue of $15K, expenses of $10K, and assets of $7K (revenue +30.4% year-over-year).
- 2010: Revenue of $12K, expenses of $8K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equine Partnership Program:
Data Sources and Methodology
This transparency report for Equine Partnership Program 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.