Equine Rescue Network
EIN: 352384830 · Ipswich, MA · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $225K |
| Total Expenses | $189K |
| Net Assets | $41K |
Is Equine Rescue Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Equine Rescue Network
Equine Rescue Network (EIN: 352384830) is a nonprofit organization based in Ipswich, MA, classified under NTEE code D20. The organization reported total revenue of $225K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equine Rescue Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equine Rescue Network is a small nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 20.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $225K |
| Total Expenses | $189K |
| Surplus / Deficit | +$36K |
| Total Assets | $41K |
| Net Assets | $41K |
| Operating Margin | 15.9% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2021, Equine Rescue Network reported a surplus of $36K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2021), Equine Rescue Network's revenue has grown at a compound annual growth rate (CAGR) of 20.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +109.8% | +43.4% | +3910.7% |
| 2020 | -15.6% | +0.7% | — |
| 2019 | -2.0% | +3.3% | -100.0% |
| 2018 | +24.0% | +21.8% | +120.4% |
| 2017 | +28.4% | +25.5% | +20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Equine Rescue Network 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 Rescue Network 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
Frequently Asked Questions about Equine Rescue Network
Is Equine Rescue Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Equine Rescue Network (EIN: 352384830) insufficient data. 0 red flags identified, 0 strengths noted.
How does Equine Rescue Network spend its money?
Detailed spending breakdown data is not yet available for Equine Rescue Network. Check back for updated IRS 990 analysis.
Are donations to Equine Rescue Network tax-deductible?
Equine Rescue Network is registered as a tax-exempt nonprofit (EIN: 352384830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Equine Rescue Network located?
Equine Rescue Network is headquartered in Ipswich, Massachusetts and files with the IRS under EIN 352384830. It is classified under NTEE code D20.
How many years of IRS 990 filings does Equine Rescue Network have?
Equine Rescue Network has 10 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 $225K in total revenue.
Filing History
IRS 990 filing history for Equine Rescue Network showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Equine Rescue Network's revenue has grown by 524.2%, moving from $36K to $225K. Total assets increased by 2034.1% over the same period, from $2K to $41K. Total functional expenses rose by 454.4%, from $34K to $189K. In its most recent filing year (2021), Equine Rescue Network reported a surplus of $36K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $225K | $189K | $41K | $0 | — | View 990 |
| 2020 | $107K | $132K | $1K | $0 | — | View 990 |
| 2019 | $127K | $131K | $0 | $10K | — | View 990 |
| 2018 | $130K | $127K | $5K | $0 | — | View 990 |
| 2017 | $105K | $104K | $2K | $0 | — | — |
| 2016 | $82K | $83K | $2K | $0 | — | View 990 |
| 2015 | $68K | $67K | $3K | $0 | — | View 990 |
| 2014 | $51K | $53K | $2K | $0 | — | View 990 |
| 2013 | $70K | $68K | $4K | $0 | — | View 990 |
| 2011 | $36K | $34K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $225K, expenses of $189K, and assets of $41K (revenue +109.8% year-over-year).
- 2020: Revenue of $107K, expenses of $132K, and assets of $1K (revenue -15.6% year-over-year).
- 2019: Revenue of $127K, expenses of $131K, and assets of $0 (revenue -2.0% year-over-year).
- 2018: Revenue of $130K, expenses of $127K, and assets of $5K (revenue +24.0% year-over-year).
- 2017: Revenue of $105K, expenses of $104K, and assets of $2K (revenue +28.4% year-over-year).
- 2016: Revenue of $82K, expenses of $83K, and assets of $2K (revenue +20.6% year-over-year).
- 2015: Revenue of $68K, expenses of $67K, and assets of $3K (revenue +32.4% year-over-year).
- 2014: Revenue of $51K, expenses of $53K, and assets of $2K (revenue -27.6% year-over-year).
- 2013: Revenue of $70K, expenses of $68K, and assets of $4K (revenue +95.5% year-over-year).
- 2011: Revenue of $36K, expenses of $34K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equine Rescue Network:
Data Sources and Methodology
This transparency report for Equine Rescue Network 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.