Greenlock Therapeutic Riding Center Inc
Greenlock Therapeutic Riding Center: Strong Asset Growth, Consistent Program Focus
EIN: 223017971 · Rehoboth, MA · NTEE: N69Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $430K |
| Total Expenses | $288K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Greenlock Therapeutic Riding Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greenlock Therapeutic Riding Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greenlock Therapeutic Riding Center Inc
Greenlock Therapeutic Riding Center Inc (EIN: 223017971) is a nonprofit organization based in Rehoboth, MA, classified under NTEE code N69Z. The organization reported total revenue of $430K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenlock Therapeutic Riding Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenlock Therapeutic Riding Center Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $327K |
| Total Expenses | $288K |
| Surplus / Deficit | +$39K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 11.8% |
| Months of Reserves | 58.2 months |
Financial Health Grade: A
In 2023, Greenlock Therapeutic Riding Center Inc reported a surplus of $39K with revenue exceeding expenses, holds 58.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Greenlock Therapeutic Riding Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.3% | +3.9% | +28.0% |
| 2022 | +5.3% | +25.7% | -22.8% |
| 2021 | +36.8% | +0.3% | +34.7% |
| 2020 | -41.4% | -15.0% | +16.0% |
| 2019 | +19.6% | -7.4% | +27.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Greenlock Therapeutic Riding Center Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Greenlock Therapeutic Riding Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $39K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported on their Form 990 filings, indicating no individual received over $100,000 in reportable compensation.
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.
Strengths
The following positive indicators were identified for Greenlock Therapeutic Riding Center Inc:
- Consistent program spending, averaging over 80% of expenses across reported years.
- Significant asset growth from $709,256 in 2018 to $1,812,785 in 2023, indicating strong financial health and capacity.
- Low administrative and fundraising costs, demonstrating efficient operations.
- Zero reported lobbying expenses across all available filings.
Frequently Asked Questions about Greenlock Therapeutic Riding Center Inc
Is Greenlock Therapeutic Riding Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greenlock Therapeutic Riding Center Inc (EIN: 223017971) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Greenlock Therapeutic Riding Center Inc spend its money?
Greenlock Therapeutic Riding Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greenlock Therapeutic Riding Center Inc tax-deductible?
Greenlock Therapeutic Riding Center Inc is registered as a tax-exempt nonprofit (EIN: 223017971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greenlock Therapeutic Riding Center Inc CEO make?
Greenlock Therapeutic Riding Center Inc's highest-compensated officer earns $100,000 annually. The organization reported $430K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greenlock Therapeutic Riding Center Inc's spending goes to programs?
Greenlock Therapeutic Riding Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greenlock Therapeutic Riding Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Greenlock Therapeutic Riding Center Inc is above average for NTEE category N69Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greenlock Therapeutic Riding Center Inc located?
Greenlock Therapeutic Riding Center Inc is headquartered in Rehoboth, Massachusetts and files with the IRS under EIN 223017971. It is classified under NTEE code N69Z.
How many years of IRS 990 filings does Greenlock Therapeutic Riding Center Inc have?
Greenlock Therapeutic Riding Center Inc 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 $430K in total revenue.
What does Greenlock Therapeutic Riding Center Inc do?
Greenlock Therapeutic Riding Center Inc is a nonprofit organization in the Recreation & Sports sector, located in Rehoboth, Massachusetts. It is classified under NTEE code N69Z.
How much revenue does Greenlock Therapeutic Riding Center Inc have?
Greenlock Therapeutic Riding Center Inc reported total revenue of $430,023. Based on 13 IRS 990 filings on record.
What are Greenlock Therapeutic Riding Center Inc's total assets?
Greenlock Therapeutic Riding Center Inc holds total assets of $1,812,785 as reported in IRS 990 filings.
Where is Greenlock Therapeutic Riding Center Inc located?
Greenlock Therapeutic Riding Center Inc is based in Rehoboth, Massachusetts.
What is Greenlock Therapeutic Riding Center Inc's EIN?
Greenlock Therapeutic Riding Center Inc's Employer Identification Number (EIN) is 223017971. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Greenlock Therapeutic Riding Center Inc?
Greenlock Therapeutic Riding Center Inc is classified under NTEE code N69Z (Recreation & Sports).
Is Greenlock Therapeutic Riding Center Inc a registered 501(c)(3)?
Yes, Greenlock Therapeutic Riding Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 223017971.
Does Greenlock Therapeutic Riding Center Inc file IRS Form 990?
Yes, Greenlock Therapeutic Riding Center Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Greenlock Therapeutic Riding Center Inc's revenue in 2023?
In the 202312 filing period, Greenlock Therapeutic Riding Center Inc reported total revenue of $326,650, total expenses of $288,010, and net assets of $1,397,105.
Is Greenlock Therapeutic Riding Center Inc's revenue growing or declining?
Greenlock Therapeutic Riding Center Inc's revenue is growing. Revenue went from $273,907 (202212) to $326,650 (202312), a +19.3% change. Based on 13 filings on record.
What is Greenlock Therapeutic Riding Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Greenlock Therapeutic Riding Center Inc covers tax period 202312. It shows revenue of $326,650, expenses of $288,010, total assets of $1,397,105, and liabilities of N/A.
How much does Greenlock Therapeutic Riding Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Greenlock Therapeutic Riding Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Greenlock Therapeutic Riding Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Greenlock Therapeutic Riding Center Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Greenlock Therapeutic Riding Center Inc's strengths?
Positive indicators for Greenlock Therapeutic Riding Center Inc include: Consistent program spending, averaging over 80% of expenses across reported years.. Significant asset growth from $709,256 in 2018 to $1,812,785 in 2023, indicating strong financial health and capacity.. Low administrative and fundraising costs, demonstrating efficient operations.. Zero reported lobbying expenses across all available filings.. These findings are derived from AI analysis of the organization's financial filings.
How does Greenlock Therapeutic Riding Center Inc compensate executives?
Executive compensation is not reported on their Form 990 filings, indicating no individual received over $100,000 in reportable compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Greenlock Therapeutic Riding Center managed to achieve such substantial asset growth without a corresponding dramatic increase in revenue?
The asset growth appears to be driven by factors other than just annual revenue, potentially including capital campaigns, significant non-cash contributions, or investment gains, as revenue has remained relatively stable (e.g., $271,532 in 2018 vs. $430,023 in 2023) while assets have more than doubled.
Given the consistent program focus and asset growth, what is the primary strategic goal for Greenlock Therapeutic Riding Center in the coming years?
While not explicitly stated in the provided data, the sustained asset growth and program spending suggest a strategic focus on expanding program capacity, improving facilities, or building a robust endowment to ensure long-term sustainability and reach more individuals.
Filing History
IRS 990 filing history for Greenlock Therapeutic Riding Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greenlock Therapeutic Riding Center Inc's revenue has grown by 14.9%, moving from $284K to $327K. Total assets increased by 272.2% over the same period, from $375K to $1.4M. Total functional expenses rose by 9.8%, from $262K to $288K. In its most recent filing year (2023), Greenlock Therapeutic Riding Center Inc reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $327K | $288K | $1.4M | $0 | — | — |
| 2022 | $274K | $277K | $1.1M | $0 | — | View 990 |
| 2021 | $260K | $220K | $1.4M | $0 | — | View 990 |
| 2020 | $190K | $220K | $1.1M | $22K | — | — |
| 2019 | $325K | $258K | $905K | $0 | — | View 990 |
| 2018 | $272K | $279K | $709K | $0 | — | View 990 |
| 2017 | $274K | $258K | $763K | $1K | — | — |
| 2016 | $241K | $278K | $650K | $0 | — | View 990 |
| 2015 | $338K | $285K | $654K | $0 | — | View 990 |
| 2014 | $359K | $260K | $650K | $0 | — | View 990 |
| 2013 | $388K | $270K | $521K | $2K | — | View 990 |
| 2012 | $241K | $258K | $386K | $5K | — | View 990 |
| 2011 | $284K | $262K | $375K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $327K, expenses of $288K, and assets of $1.4M (revenue +19.3% year-over-year).
- 2022: Revenue of $274K, expenses of $277K, and assets of $1.1M (revenue +5.3% year-over-year).
- 2021: Revenue of $260K, expenses of $220K, and assets of $1.4M (revenue +36.8% year-over-year).
- 2020: Revenue of $190K, expenses of $220K, and assets of $1.1M (revenue -41.4% year-over-year).
- 2019: Revenue of $325K, expenses of $258K, and assets of $905K (revenue +19.6% year-over-year).
- 2018: Revenue of $272K, expenses of $279K, and assets of $709K (revenue -0.9% year-over-year).
- 2017: Revenue of $274K, expenses of $258K, and assets of $763K (revenue +13.6% year-over-year).
- 2016: Revenue of $241K, expenses of $278K, and assets of $650K (revenue -28.6% year-over-year).
- 2015: Revenue of $338K, expenses of $285K, and assets of $654K (revenue -6.0% year-over-year).
- 2014: Revenue of $359K, expenses of $260K, and assets of $650K (revenue -7.4% year-over-year).
- 2013: Revenue of $388K, expenses of $270K, and assets of $521K (revenue +61.1% year-over-year).
- 2012: Revenue of $241K, expenses of $258K, and assets of $386K (revenue -15.2% year-over-year).
- 2011: Revenue of $284K, expenses of $262K, and assets of $375K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenlock Therapeutic Riding Center Inc:
Data Sources and Methodology
This transparency report for Greenlock Therapeutic Riding Center Inc 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.