Heavenly Horses Of Iowa Inc
EIN: 473831362 · Arlington, IA · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $7K |
| Net Assets | $717K |
Is Heavenly Horses Of Iowa Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heavenly Horses Of Iowa Inc
Heavenly Horses Of Iowa Inc (EIN: 473831362) is a nonprofit organization based in Arlington, IA, classified under NTEE code E50. The organization reported total revenue of $11K and total assets of $785K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heavenly Horses Of Iowa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heavenly Horses Of Iowa Inc is a micro nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -98.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $7K |
| Surplus / Deficit | $-7,410 |
| Total Assets | $717K |
| Total Liabilities | $1 |
| Net Assets | $717K |
| Operating Margin | -741000.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1160.4 months |
Financial Health Grade: B
In 2023, Heavenly Horses Of Iowa Inc reported a deficit of $7K with expenses exceeding revenue, holds 1160.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Heavenly Horses Of Iowa Inc's revenue has declined at a compound annual growth rate (CAGR) of -98.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | +88.7% | -1.0% |
| 2022 | +97556.1% | +180.7% | +133.6% |
| 2021 | -99.9% | -67.7% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heavenly Horses Of Iowa 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 Heavenly Horses Of Iowa 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 deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Heavenly Horses Of Iowa Inc
Is Heavenly Horses Of Iowa Inc a legitimate charity?
Heavenly Horses Of Iowa Inc (EIN: 473831362) is a registered tax-exempt nonprofit based in Iowa. It has 4 years of IRS 990 filings on record. Total revenue: $11K. No red flags identified. Financial health grade: B.
How does Heavenly Horses Of Iowa Inc spend its money?
Heavenly Horses Of Iowa Inc reported $11K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heavenly Horses Of Iowa Inc tax-deductible?
Heavenly Horses Of Iowa Inc is registered as a tax-exempt nonprofit (EIN: 473831362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heavenly Horses Of Iowa Inc located?
Heavenly Horses Of Iowa Inc is headquartered in Arlington, Iowa and files with the IRS under EIN 473831362. It is classified under NTEE code E50.
How many years of IRS 990 filings does Heavenly Horses Of Iowa Inc have?
Heavenly Horses Of Iowa Inc has 4 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 $11K in total revenue.
Filing History
IRS 990 filing history for Heavenly Horses Of Iowa Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Heavenly Horses Of Iowa Inc's revenue has declined by 100%, moving from $315K to $1. Total assets increased by 130.4% over the same period, from $311K to $717K. Total functional expenses rose by 71.3%, from $4K to $7K. In its most recent filing year (2023), Heavenly Horses Of Iowa Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $717K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $717K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $7K | $717K | $1 | — | — |
| 2022 | $418K | $4K | $724K | $1 | — | View 990 |
| 2021 | $428 | $1K | $310K | $1 | — | View 990 |
| 2020 | $315K | $4K | $311K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $7K, and assets of $717K (revenue -100.0% year-over-year).
- 2022: Revenue of $418K, expenses of $4K, and assets of $724K (revenue +97556.1% year-over-year).
- 2021: Revenue of $428, expenses of $1K, and assets of $310K (revenue -99.9% year-over-year).
- 2020: Revenue of $315K, expenses of $4K, and assets of $311K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heavenly Horses Of Iowa Inc:
Data Sources and Methodology
This transparency report for Heavenly Horses Of Iowa 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.