Equine Spirit Sanctuary
Equine Spirit Sanctuary experiences fluctuating revenues and expenses, with a deficit in its latest reported period.
EIN: 203373965 · Rnch De Taos, NM · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $153K |
| Program Spending | 75% |
| Net Assets | $160K |
| Transparency Score | 70/100 |
Search Intent Cockpit
Equine Spirit Sanctuary Form 990, Revenue, CEO Pay, and IRS Filing Signals
Equine Spirit Sanctuary is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Equine Spirit Sanctuary in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $110K and expenses of $153K.
Revenue and Expenses
Equine Spirit Sanctuary reported $110K in revenue and $153K in expenses, a deficit of $43K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Equine Spirit Sanctuary Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $115K (75%) |
Across stored filings, Equine Spirit Sanctuary shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with Stevan & Cynthia Pearce Charitable Foundation | New Mexico and Category D context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Compare with Stevan & Cynthia Pearce Charitable Foundation →All New Mexico nonprofits
All Category D
Local and Sector Spokes
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Rnch De Taos, NM nonprofitsCategory D in New Mexico
Unclassified in New Mexico
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Equine Spirit Sanctuary directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Equine Spirit Sanctuary
Equine Spirit Sanctuary (EIN: 203373965) is a nonprofit organization based in Rnch De Taos, NM, classified under NTEE code D20. The organization reported total revenue of $166K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equine Spirit Sanctuary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equine Spirit Sanctuary is a small nonprofit that has been operating for 4 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $153K |
| Surplus / Deficit | $-42,559 |
| Total Assets | $273K |
| Total Liabilities | $114K |
| Net Assets | $160K |
| Operating Margin | -38.5% |
| Debt-to-Asset Ratio | 41.6% |
| Months of Reserves | 21.4 months |
Financial Health Grade: B
In 2023, Equine Spirit Sanctuary reported a deficit of $43K with expenses exceeding revenue, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 41.6% (moderate leverage).
Financial Trends
Over 11 years of filings (2012–2023), Equine Spirit Sanctuary's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.6% | +26.1% | -18.8% |
| 2022 | +173.2% | +14.6% | +21.1% |
| 2021 | -39.5% | -3.9% | -10.4% |
| 2020 | +16.8% | +45.3% | +3.1% |
| 2019 | +60.5% | -3.3% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1240 |
| IRS Ruling Date | 2022 |
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 Spirit Sanctuary with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Equine Spirit Sanctuary allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.6%.
Executive Compensation Analysis
Equine Spirit Sanctuary consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is a positive sign for a nonprofit of its size, suggesting a volunteer-driven leadership structure.
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 Spirit Sanctuary's IRS 990 filings:
- Inconsistent revenue and expense patterns, with expenses exceeding revenue in 2023 ($153,054 vs. $110,495).
- Significant fluctuations in total assets over recent years, from $336,658 in 2022 to $273,254 in 2023.
Strengths
The following positive indicators were identified for Equine Spirit Sanctuary:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Long operational history with 11 IRS 990 filings, suggesting sustained commitment to its mission.
- Significant asset base of $258,619 (latest) relative to its annual revenue, providing some financial cushion.
Frequently Asked Questions about Equine Spirit Sanctuary
Is Equine Spirit Sanctuary a legitimate charity?
Equine Spirit Sanctuary (EIN: 203373965) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 70/100. It has 11 years of IRS 990 filings on record. Total revenue: $166K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Equine Spirit Sanctuary spend its money?
Equine Spirit Sanctuary directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Equine Spirit Sanctuary tax-deductible?
Equine Spirit Sanctuary is registered as a tax-exempt nonprofit (EIN: 203373965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Equine Spirit Sanctuary's spending goes to programs?
Equine Spirit Sanctuary directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Equine Spirit Sanctuary compare to similar nonprofits?
With a transparency score of 70/100 (Good), Equine Spirit Sanctuary 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 Equine Spirit Sanctuary located?
Equine Spirit Sanctuary is headquartered in Rnch De Taos, New Mexico and files with the IRS under EIN 203373965. It is classified under NTEE code D20.
How many years of IRS 990 filings does Equine Spirit Sanctuary have?
Equine Spirit Sanctuary has 11 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 $166K in total revenue.
Is Equine Spirit Sanctuary financially stable?
The organization's financial stability is inconsistent. While it has maintained operations for over a decade, recent filings show a deficit in 2023 ($110,495 revenue vs. $153,054 expenses) following a surplus in 2022 ($192,403 revenue vs. $121,387 expenses). This fluctuation suggests a need for more consistent revenue streams or expense management.
How does Equine Spirit Sanctuary manage executive compensation?
Equine Spirit Sanctuary reports 0% officer compensation in all available IRS 990 filings, indicating that its officers do not receive salaries or other forms of compensation from the organization.
What is the trend in the organization's assets?
The organization's assets have fluctuated significantly. They grew from around $20,000 in 2013-2014 to a peak of $336,658 in 2022, before decreasing to $273,254 in 2023. This indicates variability in its financial holdings.
Filing History
IRS 990 filing history for Equine Spirit Sanctuary showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Equine Spirit Sanctuary's revenue has grown by 68.6%, moving from $66K to $110K. Total assets increased by 1905.4% over the same period, from $14K to $273K. Total functional expenses rose by 138.3%, from $64K to $153K. In its most recent filing year (2023), Equine Spirit Sanctuary reported a deficit of $43K, with expenses exceeding revenue. The organization holds $114K in liabilities against $273K in assets (debt-to-asset ratio: 41.6%), resulting in net assets of $160K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $153K | $273K | $114K | — | — |
| 2022 | $192K | $121K | $337K | $134K | — | View 990 |
| 2021 | $70K | $106K | $278K | $147K | — | View 990 |
| 2020 | $116K | $110K | $310K | $144K | — | View 990 |
| 2019 | $100K | $76K | $301K | $273K | — | — |
| 2017 | $62K | $78K | $308K | $137K | — | View 990 |
| 2016 | $120K | $72K | $329K | $142K | — | View 990 |
| 2015 | $174K | $77K | $286K | $147K | — | View 990 |
| 2014 | $74K | $74K | $20K | $0 | — | View 990 |
| 2013 | $81K | $77K | $21K | $0 | — | View 990 |
| 2012 | $66K | $64K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $153K, and assets of $273K (revenue -42.6% year-over-year).
- 2022: Revenue of $192K, expenses of $121K, and assets of $337K (revenue +173.2% year-over-year).
- 2021: Revenue of $70K, expenses of $106K, and assets of $278K (revenue -39.5% year-over-year).
- 2020: Revenue of $116K, expenses of $110K, and assets of $310K (revenue +16.8% year-over-year).
- 2019: Revenue of $100K, expenses of $76K, and assets of $301K (revenue +60.5% year-over-year).
- 2017: Revenue of $62K, expenses of $78K, and assets of $308K (revenue -48.1% year-over-year).
- 2016: Revenue of $120K, expenses of $72K, and assets of $329K (revenue -31.3% year-over-year).
- 2015: Revenue of $174K, expenses of $77K, and assets of $286K (revenue +136.6% year-over-year).
- 2014: Revenue of $74K, expenses of $74K, and assets of $20K (revenue -9.3% year-over-year).
- 2013: Revenue of $81K, expenses of $77K, and assets of $21K (revenue +23.7% year-over-year).
- 2012: Revenue of $66K, expenses of $64K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equine Spirit Sanctuary:
Data Sources and Methodology
This transparency report for Equine Spirit Sanctuary 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.