Halter Heal & Learn Through Equine Relationships
EIN: 570864733 · Spartanburg, SC
| Metric | Value |
|---|---|
| Total Revenue | $459K |
| Total Expenses | $425K |
| Net Assets | $509K |
Is Halter Heal & Learn Through Equine Relationships Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Halter Heal & Learn Through Equine Relationships
Halter Heal & Learn Through Equine Relationships (EIN: 570864733) is a nonprofit organization based in Spartanburg, SC. The organization reported total revenue of $459K and total assets of $560K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Halter Heal & Learn Through Equine Relationships's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Halter Heal & Learn Through Equine Relationships is a small nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $426K |
| Total Expenses | $425K |
| Surplus / Deficit | +$1K |
| Total Assets | $560K |
| Total Liabilities | $52K |
| Net Assets | $509K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 15.8 months |
Financial Health Grade: A
In 2024, Halter Heal & Learn Through Equine Relationships reported a surplus of $1K with revenue exceeding expenses, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Halter Heal & Learn Through Equine Relationships's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.2% | -15.1% | -11.0% |
| 2023 | +11.3% | +23.6% | -8.0% |
| 2022 | -1.6% | +19.0% | -0.5% |
| 2021 | +125.2% | +128.7% | +7.4% |
| 2020 | -41.0% | -44.1% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Halter Heal & Learn Through Equine Relationships 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 Halter Heal & Learn Through Equine Relationships 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.2%.
Frequently Asked Questions about Halter Heal & Learn Through Equine Relationships
Is Halter Heal & Learn Through Equine Relationships a legitimate charity?
Halter Heal & Learn Through Equine Relationships (EIN: 570864733) is a registered tax-exempt nonprofit based in South Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $459K. No red flags identified. Financial health grade: A.
How does Halter Heal & Learn Through Equine Relationships spend its money?
Halter Heal & Learn Through Equine Relationships reported $459K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Halter Heal & Learn Through Equine Relationships tax-deductible?
Halter Heal & Learn Through Equine Relationships is registered as a tax-exempt nonprofit (EIN: 570864733). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Halter Heal & Learn Through Equine Relationships located?
Halter Heal & Learn Through Equine Relationships is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 570864733.
How many years of IRS 990 filings does Halter Heal & Learn Through Equine Relationships have?
Halter Heal & Learn Through Equine Relationships has 14 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 $459K in total revenue.
Filing History
IRS 990 filing history for Halter Heal & Learn Through Equine Relationships showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Halter Heal & Learn Through Equine Relationships's revenue has grown by 261%, moving from $118K to $426K. Total assets increased by 367.8% over the same period, from $120K to $560K. Total functional expenses rose by 543.8%, from $66K to $425K. In its most recent filing year (2024), Halter Heal & Learn Through Equine Relationships reported a surplus of $1K, with revenue exceeding expenses. The organization holds $52K in liabilities against $560K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $509K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $426K | $425K | $560K | $52K | — | — |
| 2023 | $417K | $500K | $630K | $129K | — | View 990 |
| 2022 | $374K | $404K | $684K | $104K | — | View 990 |
| 2021 | $380K | $340K | $688K | $68K | — | — |
| 2020 | $169K | $149K | $641K | $77K | — | View 990 |
| 2019 | $286K | $266K | $550K | $4K | — | View 990 |
| 2018 | $263K | $289K | $528K | $12K | — | View 990 |
| 2017 | $223K | $211K | $540K | $0 | — | View 990 |
| 2016 | $199K | $199K | $529K | $0 | — | View 990 |
| 2015 | $210K | $169K | $529K | $0 | — | View 990 |
| 2014 | $165K | $153K | $489K | $0 | — | View 990 |
| 2013 | $121K | $123K | $482K | $0 | — | View 990 |
| 2012 | $425K | $61K | $484K | $0 | — | View 990 |
| 2011 | $118K | $66K | $120K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $426K, expenses of $425K, and assets of $560K (revenue +2.2% year-over-year).
- 2023: Revenue of $417K, expenses of $500K, and assets of $630K (revenue +11.3% year-over-year).
- 2022: Revenue of $374K, expenses of $404K, and assets of $684K (revenue -1.6% year-over-year).
- 2021: Revenue of $380K, expenses of $340K, and assets of $688K (revenue +125.2% year-over-year).
- 2020: Revenue of $169K, expenses of $149K, and assets of $641K (revenue -41.0% year-over-year).
- 2019: Revenue of $286K, expenses of $266K, and assets of $550K (revenue +9.0% year-over-year).
- 2018: Revenue of $263K, expenses of $289K, and assets of $528K (revenue +18.0% year-over-year).
- 2017: Revenue of $223K, expenses of $211K, and assets of $540K (revenue +12.0% year-over-year).
- 2016: Revenue of $199K, expenses of $199K, and assets of $529K (revenue -5.1% year-over-year).
- 2015: Revenue of $210K, expenses of $169K, and assets of $529K (revenue +27.0% year-over-year).
- 2014: Revenue of $165K, expenses of $153K, and assets of $489K (revenue +36.8% year-over-year).
- 2013: Revenue of $121K, expenses of $123K, and assets of $482K (revenue -71.6% year-over-year).
- 2012: Revenue of $425K, expenses of $61K, and assets of $484K (revenue +260.0% year-over-year).
- 2011: Revenue of $118K, expenses of $66K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Halter Heal & Learn Through Equine Relationships:
Data Sources and Methodology
This transparency report for Halter Heal & Learn Through Equine Relationships 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.