Equine Therapeutic Connections
EIN: 471832142 · Albuquerque, NM · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $573K |
| Total Expenses | $109K |
| Net Assets | $-1,107 |
Is Equine Therapeutic Connections Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Equine Therapeutic Connections
Equine Therapeutic Connections (EIN: 471832142) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code E50. The organization reported total revenue of $573K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equine Therapeutic Connections's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equine Therapeutic Connections is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $109K |
| Surplus / Deficit | $-3,947 |
| Total Assets | $4K |
| Total Liabilities | $5K |
| Net Assets | $-1,107 |
| Operating Margin | -3.7% |
| Debt-to-Asset Ratio | 127.0% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Equine Therapeutic Connections reported a deficit of $4K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 127.0% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Equine Therapeutic Connections's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.8% | +39.1% | -34.9% |
| 2022 | +117.0% | +81.4% | +3.7% |
| 2021 | +91.4% | +155.8% | +141.1% |
| 2020 | -77.1% | -79.0% | +92.4% |
| 2019 | -24.1% | -25.7% | -45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Equine Therapeutic Connections 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 Therapeutic Connections 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 127.0%.
Frequently Asked Questions about Equine Therapeutic Connections
Is Equine Therapeutic Connections a legitimate charity?
Based on AI analysis of IRS 990 filings, Equine Therapeutic Connections (EIN: 471832142) insufficient data. 0 red flags identified, 0 strengths noted.
How does Equine Therapeutic Connections spend its money?
Detailed spending breakdown data is not yet available for Equine Therapeutic Connections. Check back for updated IRS 990 analysis.
Are donations to Equine Therapeutic Connections tax-deductible?
Equine Therapeutic Connections is registered as a tax-exempt nonprofit (EIN: 471832142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Equine Therapeutic Connections located?
Equine Therapeutic Connections is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 471832142. It is classified under NTEE code E50.
How many years of IRS 990 filings does Equine Therapeutic Connections have?
Equine Therapeutic Connections has 9 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 $573K in total revenue.
Filing History
IRS 990 filing history for Equine Therapeutic Connections showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Equine Therapeutic Connections's revenue has grown by 42.1%, moving from $74K to $105K. Total assets increased by 517% over the same period, from $664 to $4K. Total functional expenses rose by 48.8%, from $73K to $109K. In its most recent filing year (2023), Equine Therapeutic Connections reported a deficit of $4K, with expenses exceeding revenue. The organization holds $5K in liabilities against $4K in assets (debt-to-asset ratio: 127.0%), resulting in net assets of $-1,107.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $109K | $4K | $5K | — | View 990 |
| 2022 | $75K | $79K | $6K | $3K | — | View 990 |
| 2021 | $35K | $43K | $6K | $12K | — | — |
| 2020 | $18K | $17K | $3K | $0 | — | — |
| 2019 | $79K | $80K | $1K | $0 | — | View 990 |
| 2018 | $105K | $108K | $2K | $0 | — | View 990 |
| 2017 | $97K | $95K | $6K | $0 | — | View 990 |
| 2016 | $96K | $97K | $3K | $0 | — | View 990 |
| 2015 | $74K | $73K | $664 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $109K, and assets of $4K (revenue +39.8% year-over-year).
- 2022: Revenue of $75K, expenses of $79K, and assets of $6K (revenue +117.0% year-over-year).
- 2021: Revenue of $35K, expenses of $43K, and assets of $6K (revenue +91.4% year-over-year).
- 2020: Revenue of $18K, expenses of $17K, and assets of $3K (revenue -77.1% year-over-year).
- 2019: Revenue of $79K, expenses of $80K, and assets of $1K (revenue -24.1% year-over-year).
- 2018: Revenue of $105K, expenses of $108K, and assets of $2K (revenue +7.3% year-over-year).
- 2017: Revenue of $97K, expenses of $95K, and assets of $6K (revenue +1.6% year-over-year).
- 2016: Revenue of $96K, expenses of $97K, and assets of $3K (revenue +29.5% year-over-year).
- 2015: Revenue of $74K, expenses of $73K, and assets of $664.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equine Therapeutic Connections:
Data Sources and Methodology
This transparency report for Equine Therapeutic Connections 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.