Healing With Horseplay Inc
EIN: 920516791 · Hamel, MN · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $16K |
| Net Assets | $159K |
Is Healing With Horseplay Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Healing With Horseplay Inc
Healing With Horseplay Inc (EIN: 920516791) is a nonprofit organization based in Hamel, MN, classified under NTEE code D20. The organization reported total revenue of $273K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healing With Horseplay Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healing With Horseplay Inc is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 17308.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $16K |
| Surplus / Deficit | +$158K |
| Total Assets | $229K |
| Total Liabilities | $70K |
| Net Assets | $159K |
| Operating Margin | 90.6% |
| Debt-to-Asset Ratio | 30.6% |
| Months of Reserves | 166.8 months |
Financial Health Grade: A
In 2023, Healing With Horseplay Inc reported a surplus of $158K with revenue exceeding expenses, holds 166.8 months of operating reserves (strong position), has a debt-to-asset ratio of 30.6% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Healing With Horseplay Inc's revenue has grown at a compound annual growth rate (CAGR) of 17308.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17308.9% | — | +22756.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Healing With Horseplay Inc 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 Healing With Horseplay Inc 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 surplus of $158K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.6%.
Frequently Asked Questions about Healing With Horseplay Inc
Is Healing With Horseplay Inc a legitimate charity?
Healing With Horseplay Inc (EIN: 920516791) is a registered tax-exempt nonprofit based in Minnesota. It has 2 years of IRS 990 filings on record. Total revenue: $273K. No red flags identified. Financial health grade: A.
How does Healing With Horseplay Inc spend its money?
Healing With Horseplay Inc reported $273K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Healing With Horseplay Inc tax-deductible?
Healing With Horseplay Inc is registered as a tax-exempt nonprofit (EIN: 920516791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Healing With Horseplay Inc located?
Healing With Horseplay Inc is headquartered in Hamel, Minnesota and files with the IRS under EIN 920516791. It is classified under NTEE code D20.
How many years of IRS 990 filings does Healing With Horseplay Inc have?
Healing With Horseplay Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $273K in total revenue.
Filing History
IRS 990 filing history for Healing With Horseplay Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Healing With Horseplay Inc's revenue has grown by 17308.9%, moving from $1K to $174K. Total assets increased by 22756.2% over the same period, from $1K to $229K. In its most recent filing year (2023), Healing With Horseplay Inc reported a surplus of $158K, with revenue exceeding expenses. The organization holds $70K in liabilities against $229K in assets (debt-to-asset ratio: 30.6%), resulting in net assets of $159K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $16K | $229K | $70K | — | View 990 |
| 2022 | $1K | $0 | $1K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healing With Horseplay Inc:
Data Sources and Methodology
This transparency report for Healing With Horseplay 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.