Heavenly Hoofs Inc
Heavenly Hoofs Inc. consistently directs a high percentage of spending to programs with no reported officer compensation.
EIN: 134205662 · Saint Cloud, FL · NTEE: E50 · Updated: 2026-03-28
Is Heavenly Hoofs Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heavenly Hoofs Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heavenly Hoofs Inc
Heavenly Hoofs Inc (EIN: 134205662) is a nonprofit organization based in Saint Cloud, FL, classified under NTEE code E50. The organization reported total revenue of $831K and total assets of $296K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heavenly Hoofs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heavenly Hoofs Inc is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $687K |
| Total Expenses | $729K |
| Surplus / Deficit | $-42,315 |
| Total Assets | $410K |
| Total Liabilities | $55K |
| Net Assets | $355K |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2023, Heavenly Hoofs Inc reported a deficit of $42K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Heavenly Hoofs Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.9% | +12.8% | -8.7% |
| 2022 | +2.7% | +21.2% | -17.5% |
| 2021 | -8.6% | +12.2% | -3.9% |
| 2020 | -16.5% | -20.5% | +12.4% |
| 2019 | +40.1% | +23.5% | +15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Heavenly Hoofs 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Heavenly Hoofs Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.5%.
Executive Compensation Analysis
Heavenly Hoofs Inc. consistently reports 0% officer compensation across all 14 available filings, indicating either a fully volunteer-led executive team or compensation levels that do not meet the reporting threshold for officers, which is a strong positive for donor trust and efficiency.
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.
Red Flags
The following concerns were identified during AI analysis of Heavenly Hoofs Inc's IRS 990 filings:
- Fluctuating revenue and expenses, requiring careful monitoring of financial stability trends.
Strengths
The following positive indicators were identified for Heavenly Hoofs Inc:
- Strong program spending ratio, consistently directing a high percentage of expenses to its mission (e.g., 75% in 2023).
- No reported officer compensation across all filings, indicating high efficiency and transparency in executive pay.
- Consistent filing history (14 filings), demonstrating good compliance and transparency.
- Relatively low liabilities compared to assets, suggesting sound financial management.
Frequently Asked Questions about Heavenly Hoofs Inc
Is Heavenly Hoofs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heavenly Hoofs Inc (EIN: 134205662) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Heavenly Hoofs Inc spend its money?
Heavenly Hoofs Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Heavenly Hoofs Inc tax-deductible?
Heavenly Hoofs Inc is registered as a tax-exempt nonprofit (EIN: 134205662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Heavenly Hoofs Inc. a good charity?
Based on the available IRS 990 data, Heavenly Hoofs Inc. appears to be a good charity. It consistently allocates a high percentage of its expenses to program services (e.g., 75% in 2023 based on program service expenses of $546,837 out of total expenses of $729,116) and reports no officer compensation, indicating efficient use of funds and transparency.
How has Heavenly Hoofs Inc.'s financial health changed over time?
Heavenly Hoofs Inc.'s financial health has shown some fluctuations. Revenue has ranged from $291,799 in 2015 to $831,010 (latest reported), and assets have varied, peaking at $566,781 in 2020 and currently at $409,912 in 2023. Despite these variations, the organization has generally maintained a positive asset base and manageable liabilities, demonstrating resilience.
What is the organization's approach to executive compensation?
Heavenly Hoofs Inc. reports 0% officer compensation in all 14 available IRS 990 filings. This suggests a strong commitment to directing funds towards its mission rather than high executive salaries, or that executive roles are filled by volunteers or compensated below reporting thresholds.
Filing History
IRS 990 filing history for Heavenly Hoofs Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Heavenly Hoofs Inc's revenue has grown by 345.7%, moving from $154K to $687K. Total assets increased by 393.9% over the same period, from $83K to $410K. Total functional expenses rose by 421.1%, from $140K to $729K. In its most recent filing year (2023), Heavenly Hoofs Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $55K in liabilities against $410K in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $355K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $687K | $729K | $410K | $55K | — | — |
| 2022 | $517K | $647K | $449K | $52K | — | View 990 |
| 2021 | $503K | $534K | $544K | $18K | — | View 990 |
| 2020 | $551K | $476K | $567K | $10K | — | — |
| 2019 | $659K | $598K | $504K | $22K | — | View 990 |
| 2018 | $471K | $484K | $438K | $17K | — | View 990 |
| 2017 | $520K | $479K | $447K | $13K | — | — |
| 2016 | $655K | $469K | $435K | $41K | — | View 990 |
| 2015 | $292K | $279K | $216K | $8K | — | View 990 |
| 2014 | $390K | $379K | $220K | $24K | — | View 990 |
| 2013 | $339K | $258K | $189K | $5K | — | View 990 |
| 2012 | $101K | $65K | $103K | $220 | — | View 990 |
| 2012 | $158K | $174K | $66K | $0 | — | View 990 |
| 2011 | $154K | $140K | $83K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $687K, expenses of $729K, and assets of $410K (revenue +32.9% year-over-year).
- 2022: Revenue of $517K, expenses of $647K, and assets of $449K (revenue +2.7% year-over-year).
- 2021: Revenue of $503K, expenses of $534K, and assets of $544K (revenue -8.6% year-over-year).
- 2020: Revenue of $551K, expenses of $476K, and assets of $567K (revenue -16.5% year-over-year).
- 2019: Revenue of $659K, expenses of $598K, and assets of $504K (revenue +40.1% year-over-year).
- 2018: Revenue of $471K, expenses of $484K, and assets of $438K (revenue -9.5% year-over-year).
- 2017: Revenue of $520K, expenses of $479K, and assets of $447K (revenue -20.5% year-over-year).
- 2016: Revenue of $655K, expenses of $469K, and assets of $435K (revenue +124.4% year-over-year).
- 2015: Revenue of $292K, expenses of $279K, and assets of $216K (revenue -25.2% year-over-year).
- 2014: Revenue of $390K, expenses of $379K, and assets of $220K (revenue +15.1% year-over-year).
- 2013: Revenue of $339K, expenses of $258K, and assets of $189K (revenue +235.5% year-over-year).
- 2012: Revenue of $101K, expenses of $65K, and assets of $103K (revenue -35.9% year-over-year).
- 2012: Revenue of $158K, expenses of $174K, and assets of $66K (revenue +2.3% year-over-year).
- 2011: Revenue of $154K, expenses of $140K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heavenly Hoofs Inc:
Data Sources and Methodology
This transparency report for Heavenly Hoofs 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.