Harness Horse Youth Foundation
EIN: 310897557 · Anderson, IN · NTEE: O52Z
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $205K |
| Net Assets | $599K |
Is Harness Horse Youth Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harness Horse Youth Foundation
Harness Horse Youth Foundation (EIN: 310897557) is a nonprofit organization based in Anderson, IN, classified under NTEE code O52Z. The organization reported total revenue of $180K and total assets of $657K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harness Horse Youth Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harness Horse Youth Foundation is a small nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $205K |
| Surplus / Deficit | $-6,586 |
| Total Assets | $602K |
| Total Liabilities | $3K |
| Net Assets | $599K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 35.3 months |
Financial Health Grade: B
In 2023, Harness Horse Youth Foundation reported a deficit of $7K with expenses exceeding revenue, holds 35.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Harness Horse Youth Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.5% | +3.6% | +0.0% |
| 2022 | +3.5% | +35.7% | -9.7% |
| 2021 | +99.3% | +15.2% | +5.4% |
| 2020 | -76.1% | -20.6% | -5.0% |
| 2019 | +2.9% | -2.8% | +37.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harness Horse Youth Foundation 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 Harness Horse Youth Foundation 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Harness Horse Youth Foundation
Is Harness Horse Youth Foundation a legitimate charity?
Harness Horse Youth Foundation (EIN: 310897557) is a registered tax-exempt nonprofit based in Indiana. It has 12 years of IRS 990 filings on record. Total revenue: $180K. No red flags identified. Financial health grade: B.
How does Harness Horse Youth Foundation spend its money?
Harness Horse Youth Foundation reported $180K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Harness Horse Youth Foundation tax-deductible?
Harness Horse Youth Foundation is registered as a tax-exempt nonprofit (EIN: 310897557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harness Horse Youth Foundation located?
Harness Horse Youth Foundation is headquartered in Anderson, Indiana and files with the IRS under EIN 310897557. It is classified under NTEE code O52Z.
How many years of IRS 990 filings does Harness Horse Youth Foundation have?
Harness Horse Youth Foundation 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 $180K in total revenue.
Filing History
IRS 990 filing history for Harness Horse Youth Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Harness Horse Youth Foundation's revenue has grown by 54.7%, moving from $128K to $198K. Total assets increased by 104% over the same period, from $295K to $602K. Total functional expenses rose by 22.9%, from $167K to $205K. In its most recent filing year (2023), Harness Horse Youth Foundation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $3K in liabilities against $602K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $599K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $205K | $602K | $3K | — | — |
| 2022 | $166K | $198K | $602K | $7K | — | View 990 |
| 2021 | $160K | $146K | $667K | $4K | — | View 990 |
| 2020 | $80K | $127K | $633K | $2K | — | View 990 |
| 2019 | $336K | $159K | $667K | $3K | — | View 990 |
| 2018 | $327K | $164K | $485K | $1K | — | View 990 |
| 2017 | $184K | $170K | $327K | $5K | — | View 990 |
| 2016 | $173K | $176K | $309K | $2K | — | View 990 |
| 2015 | $173K | $167K | $314K | $4K | — | View 990 |
| 2014 | $192K | $140K | $306K | $3K | — | View 990 |
| 2013 | $137K | $179K | $251K | $151 | — | View 990 |
| 2012 | $128K | $167K | $295K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $205K, and assets of $602K (revenue +19.5% year-over-year).
- 2022: Revenue of $166K, expenses of $198K, and assets of $602K (revenue +3.5% year-over-year).
- 2021: Revenue of $160K, expenses of $146K, and assets of $667K (revenue +99.3% year-over-year).
- 2020: Revenue of $80K, expenses of $127K, and assets of $633K (revenue -76.1% year-over-year).
- 2019: Revenue of $336K, expenses of $159K, and assets of $667K (revenue +2.9% year-over-year).
- 2018: Revenue of $327K, expenses of $164K, and assets of $485K (revenue +77.1% year-over-year).
- 2017: Revenue of $184K, expenses of $170K, and assets of $327K (revenue +6.7% year-over-year).
- 2016: Revenue of $173K, expenses of $176K, and assets of $309K (revenue -0.2% year-over-year).
- 2015: Revenue of $173K, expenses of $167K, and assets of $314K (revenue -9.8% year-over-year).
- 2014: Revenue of $192K, expenses of $140K, and assets of $306K (revenue +39.8% year-over-year).
- 2013: Revenue of $137K, expenses of $179K, and assets of $251K (revenue +7.2% year-over-year).
- 2012: Revenue of $128K, expenses of $167K, and assets of $295K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harness Horse Youth Foundation:
Data Sources and Methodology
This transparency report for Harness Horse Youth Foundation 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.