Four Corners Equine Rescue
Four Corners Equine Rescue shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 200979636 · Aztec, NM · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $843K |
| Program Spending | 90% |
| Net Assets | $168K |
| Transparency Score | 92/100 |
Is Four Corners Equine Rescue Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Four Corners Equine Rescue directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Four Corners Equine Rescue
Four Corners Equine Rescue (EIN: 200979636) is a nonprofit organization based in Aztec, NM, classified under NTEE code D20. The organization reported total revenue of $1.1M and total assets of $597K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Four Corners Equine Rescue's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Four Corners Equine Rescue is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $870K |
| Total Expenses | $843K |
| Surplus / Deficit | +$27K |
| Total Assets | $356K |
| Total Liabilities | $189K |
| Net Assets | $168K |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 52.9% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2023, Four Corners Equine Rescue reported a surplus of $27K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 52.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Four Corners Equine Rescue's revenue has grown at a compound annual growth rate (CAGR) of 25.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | +5.6% | +13.2% |
| 2022 | +15.3% | +7.8% | +31.1% |
| 2021 | +12.5% | +28.3% | +4.8% |
| 2020 | +10.2% | -13.4% | +92.8% |
| 2019 | -19.4% | -13.0% | -27.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Four Corners Equine Rescue with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Four Corners Equine Rescue allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.9%.
Executive Compensation Analysis
Four Corners Equine Rescue reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer roles, which is highly favorable for donor confidence and suggests a strong commitment to the mission.
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 Four Corners Equine Rescue's IRS 990 filings:
- Increasing liabilities trend, from $0 in 2014 to $188,547 in 2023, warrants further investigation into their nature.
Strengths
The following positive indicators were identified for Four Corners Equine Rescue:
- Consistent revenue growth, from $584,366 in 2014 to $869,683 in 2023.
- Significant asset accumulation, from $76,428 in 2014 to $356,309 in 2023.
- Zero reported officer compensation across all filings, indicating high program focus.
- Expenses consistently below revenue, demonstrating sound financial management.
- Strong history of 13 IRS 990 filings, indicating good transparency.
Frequently Asked Questions about Four Corners Equine Rescue
Is Four Corners Equine Rescue a legitimate charity?
Based on AI analysis of IRS 990 filings, Four Corners Equine Rescue (EIN: 200979636) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Four Corners Equine Rescue spend its money?
Four Corners Equine Rescue directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Four Corners Equine Rescue tax-deductible?
Four Corners Equine Rescue is registered as a tax-exempt nonprofit (EIN: 200979636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Four Corners Equine Rescue's spending goes to programs?
Four Corners Equine Rescue directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Four Corners Equine Rescue compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Four Corners Equine Rescue 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 Four Corners Equine Rescue located?
Four Corners Equine Rescue is headquartered in Aztec, New Mexico and files with the IRS under EIN 200979636. It is classified under NTEE code D20.
How many years of IRS 990 filings does Four Corners Equine Rescue have?
Four Corners Equine Rescue has 13 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 $1.1M in total revenue.
Is Four Corners Equine Rescue a good charity?
Based on the available data, Four Corners Equine Rescue appears to be a good charity. It demonstrates consistent financial growth, prudent spending (expenses generally below revenue), and a strong commitment to its mission as evidenced by 0% reported officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly over time. Revenue has grown from $584,366 in 2014 to $869,683 in 2023, and assets have increased from $76,428 to $356,309 in the same period, indicating strong financial growth and stability.
What is the trend in liabilities?
Liabilities have shown an increasing trend, from $0 in 2014 to $188,547 in 2023. While assets have grown faster, the nature of these liabilities would need further investigation to fully assess their impact.
Filing History
IRS 990 filing history for Four Corners Equine Rescue showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Four Corners Equine Rescue's revenue has grown by 1405%, moving from $58K to $870K. Total assets increased by 3830.6% over the same period, from $9K to $356K. Total functional expenses rose by 1256.6%, from $62K to $843K. In its most recent filing year (2023), Four Corners Equine Rescue reported a surplus of $27K, with revenue exceeding expenses. The organization holds $189K in liabilities against $356K in assets (debt-to-asset ratio: 52.9%), resulting in net assets of $168K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $870K | $843K | $356K | $189K | — | — |
| 2022 | $858K | $798K | $315K | $174K | — | View 990 |
| 2021 | $745K | $740K | $240K | $159K | — | View 990 |
| 2020 | $662K | $577K | $229K | $152K | — | — |
| 2019 | $601K | $666K | $119K | $127K | — | View 990 |
| 2018 | $745K | $766K | $164K | $106K | — | View 990 |
| 2017 | $835K | $827K | $167K | $88K | — | View 990 |
| 2016 | $650K | $565K | $123K | $10K | — | View 990 |
| 2015 | $952K | $999K | $28K | $0 | — | View 990 |
| 2014 | $584K | $532K | $76K | $0 | — | View 990 |
| 2013 | $147K | $103K | $24K | $0 | — | View 990 |
| 2012 | $120K | $115K | $11K | $31K | — | View 990 |
| 2011 | $58K | $62K | $9K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $870K, expenses of $843K, and assets of $356K (revenue +1.3% year-over-year).
- 2022: Revenue of $858K, expenses of $798K, and assets of $315K (revenue +15.3% year-over-year).
- 2021: Revenue of $745K, expenses of $740K, and assets of $240K (revenue +12.5% year-over-year).
- 2020: Revenue of $662K, expenses of $577K, and assets of $229K (revenue +10.2% year-over-year).
- 2019: Revenue of $601K, expenses of $666K, and assets of $119K (revenue -19.4% year-over-year).
- 2018: Revenue of $745K, expenses of $766K, and assets of $164K (revenue -10.7% year-over-year).
- 2017: Revenue of $835K, expenses of $827K, and assets of $167K (revenue +28.5% year-over-year).
- 2016: Revenue of $650K, expenses of $565K, and assets of $123K (revenue -31.7% year-over-year).
- 2015: Revenue of $952K, expenses of $999K, and assets of $28K (revenue +62.9% year-over-year).
- 2014: Revenue of $584K, expenses of $532K, and assets of $76K (revenue +297.9% year-over-year).
- 2013: Revenue of $147K, expenses of $103K, and assets of $24K (revenue +22.8% year-over-year).
- 2012: Revenue of $120K, expenses of $115K, and assets of $11K (revenue +107.0% year-over-year).
- 2011: Revenue of $58K, expenses of $62K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Four Corners Equine Rescue:
Data Sources and Methodology
This transparency report for Four Corners Equine Rescue 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.