Gallop To Sucess
EIN: 451255835 · N Bennington, VT · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $25K |
| Net Assets | $10K |
Is Gallop To Sucess Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gallop To Sucess
Gallop To Sucess (EIN: 451255835) is a nonprofit organization based in N Bennington, VT, classified under NTEE code E50. The organization reported total revenue of $13K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gallop To Sucess's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gallop To Sucess is a micro nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $25K |
| Surplus / Deficit | $-14,412 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | -139.4% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2023, Gallop To Sucess reported a deficit of $14K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2023), Gallop To Sucess's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -75.4% | +12.7% | -58.9% |
| 2022 | +79.2% | -37.3% | +26.4% |
| 2021 | +244.7% | +439.8% | +21.5% |
| 2020 | -3.9% | -12.7% | +2.0% |
| 2019 | +55.1% | +103.7% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gallop To Sucess 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 Gallop To Sucess 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 $14K, with expenses exceeding revenue.
Frequently Asked Questions about Gallop To Sucess
Is Gallop To Sucess a legitimate charity?
Based on AI analysis of IRS 990 filings, Gallop To Sucess (EIN: 451255835) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gallop To Sucess spend its money?
Detailed spending breakdown data is not yet available for Gallop To Sucess. Check back for updated IRS 990 analysis.
Are donations to Gallop To Sucess tax-deductible?
Gallop To Sucess is registered as a tax-exempt nonprofit (EIN: 451255835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gallop To Sucess located?
Gallop To Sucess is headquartered in N Bennington, Vermont and files with the IRS under EIN 451255835. It is classified under NTEE code E50.
How many years of IRS 990 filings does Gallop To Sucess have?
Gallop To Sucess has 12 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 $13K in total revenue.
Filing History
IRS 990 filing history for Gallop To Sucess showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Gallop To Sucess's revenue has grown by 103.7%, moving from $5K to $10K. Total assets increased by 1064.9% over the same period, from $865 to $10K. Total functional expenses rose by 487.9%, from $4K to $25K. In its most recent filing year (2023), Gallop To Sucess reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $25K | $10K | $0 | — | View 990 |
| 2022 | $42K | $22K | $24K | $0 | — | — |
| 2021 | $23K | $35K | $19K | $15K | — | View 990 |
| 2020 | $7K | $6K | $16K | $0 | — | View 990 |
| 2019 | $7K | $7K | $16K | $0 | — | View 990 |
| 2018 | $5K | $4K | $16K | $0 | — | View 990 |
| 2017 | $6K | $8K | $15K | $0 | — | — |
| 2016 | $4K | $7K | $17K | $0 | — | View 990 |
| 2015 | $12K | $4K | $20K | $0 | — | View 990 |
| 2014 | $8K | $4K | $12K | $0 | — | View 990 |
| 2013 | $8K | $830 | $8K | $0 | — | View 990 |
| 2012 | $5K | $4K | $865 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $25K, and assets of $10K (revenue -75.4% year-over-year).
- 2022: Revenue of $42K, expenses of $22K, and assets of $24K (revenue +79.2% year-over-year).
- 2021: Revenue of $23K, expenses of $35K, and assets of $19K (revenue +244.7% year-over-year).
- 2020: Revenue of $7K, expenses of $6K, and assets of $16K (revenue -3.9% year-over-year).
- 2019: Revenue of $7K, expenses of $7K, and assets of $16K (revenue +55.1% year-over-year).
- 2018: Revenue of $5K, expenses of $4K, and assets of $16K (revenue -23.7% year-over-year).
- 2017: Revenue of $6K, expenses of $8K, and assets of $15K (revenue +70.1% year-over-year).
- 2016: Revenue of $4K, expenses of $7K, and assets of $17K (revenue -70.9% year-over-year).
- 2015: Revenue of $12K, expenses of $4K, and assets of $20K (revenue +57.5% year-over-year).
- 2014: Revenue of $8K, expenses of $4K, and assets of $12K (revenue -4.0% year-over-year).
- 2013: Revenue of $8K, expenses of $830, and assets of $8K (revenue +57.6% year-over-year).
- 2012: Revenue of $5K, expenses of $4K, and assets of $865.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gallop To Sucess:
Data Sources and Methodology
This transparency report for Gallop To Sucess 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.