Hope In The Valley Equine Rescueand Sanctuary Inc
Hope In The Valley Equine Rescue operates with no officer compensation, showing consistent asset growth despite recent deficit.
EIN: 204151013 · Valley Center, KS · NTEE: D50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $191K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $196,570. |
| Net Assets | $116K |
| Transparency Score | 85/100 |
Is Hope In The Valley Equine Rescueand Sanctuary Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope In The Valley Equine Rescueand Sanctuary Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope In The Valley Equine Rescueand Sanctuary Inc
Hope In The Valley Equine Rescueand Sanctuary Inc (EIN: 204151013) is a nonprofit organization based in Valley Center, KS, classified under NTEE code D50. The organization reported total revenue of $197K and total assets of $177K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope In The Valley Equine Rescueand Sanctuary Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope In The Valley Equine Rescueand Sanctuary Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $191K |
| Surplus / Deficit | $-19,869 |
| Total Assets | $116K |
| Total Liabilities | $83 |
| Net Assets | $116K |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Hope In The Valley Equine Rescueand Sanctuary Inc reported a deficit of $20K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hope In The Valley Equine Rescueand Sanctuary Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.9% | +40.0% | -14.6% |
| 2022 | +41.6% | +34.2% | +50.4% |
| 2021 | +25.7% | +27.1% | +59.7% |
| 2020 | +33.6% | +18.8% | +124.5% |
| 2019 | -27.0% | -42.1% | +112.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Hope In The Valley Equine Rescueand Sanctuary 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Hope In The Valley Equine Rescueand Sanctuary Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with latest revenue of $196,570.
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 Hope In The Valley Equine Rescueand Sanctuary Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202312), leading to a decrease in assets from $136,356 to $116,486.
Strengths
The following positive indicators were identified for Hope In The Valley Equine Rescueand Sanctuary Inc:
- Consistent 0% officer compensation across all filings, indicating strong volunteer leadership and efficient use of funds.
- Long-term growth in assets, from $6,437 in 2014 to $176,938 currently, demonstrating financial development.
- Consistent filing of IRS Form 990s over 13 periods, indicating good transparency and compliance.
- Revenue has shown a general upward trend over the past decade, reaching $196,570 in the latest period.
Frequently Asked Questions about Hope In The Valley Equine Rescueand Sanctuary Inc
Is Hope In The Valley Equine Rescueand Sanctuary Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope In The Valley Equine Rescueand Sanctuary Inc (EIN: 204151013) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Hope In The Valley Equine Rescueand Sanctuary Inc spend its money?
Hope In The Valley Equine Rescueand Sanctuary Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hope In The Valley Equine Rescueand Sanctuary Inc tax-deductible?
Hope In The Valley Equine Rescueand Sanctuary Inc is registered as a tax-exempt nonprofit (EIN: 204151013). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hope In The Valley Equine Rescueand Sanctuary Inc CEO make?
Hope In The Valley Equine Rescueand Sanctuary Inc's highest-compensated officer earns $196,570. annually. The organization reported $197K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hope In The Valley Equine Rescueand Sanctuary Inc's spending goes to programs?
Hope In The Valley Equine Rescueand Sanctuary Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hope In The Valley Equine Rescueand Sanctuary Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hope In The Valley Equine Rescueand Sanctuary Inc is above average for NTEE category D50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hope In The Valley Equine Rescueand Sanctuary Inc located?
Hope In The Valley Equine Rescueand Sanctuary Inc is headquartered in Valley Center, Kansas and files with the IRS under EIN 204151013. It is classified under NTEE code D50.
How many years of IRS 990 filings does Hope In The Valley Equine Rescueand Sanctuary Inc have?
Hope In The Valley Equine Rescueand Sanctuary Inc has 13 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 $197K in total revenue.
Is Hope In The Valley Equine Rescue and Sanctuary Inc financially stable?
Yes, generally. While the 202312 period showed expenses ($190,730) exceeding revenue ($170,861), leading to a decrease in assets, the organization has demonstrated consistent asset growth over the long term, from $6,437 in 2014 to $176,938 currently, suggesting overall financial resilience.
How much of donations go to programs?
Based on the consistent 0% officer compensation, a very high percentage of donations likely go directly to programs. While exact program spending isn't detailed, the absence of executive salaries significantly reduces overhead, allowing more funds for the mission.
Does this organization have high administrative costs?
It is unlikely to have high administrative costs given that officer compensation is consistently reported as 0%. This suggests a lean operational structure with a strong reliance on volunteers for leadership and administrative functions.
Filing History
IRS 990 filing history for Hope In The Valley Equine Rescueand Sanctuary Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope In The Valley Equine Rescueand Sanctuary Inc's revenue has grown by 152.5%, moving from $68K to $171K. Total assets increased by 699.2% over the same period, from $15K to $116K. Total functional expenses rose by 181.3%, from $68K to $191K. In its most recent filing year (2023), Hope In The Valley Equine Rescueand Sanctuary Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $83 in liabilities against $116K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $191K | $116K | $83 | — | View 990 |
| 2022 | $192K | $136K | $136K | $83 | — | View 990 |
| 2021 | $135K | $102K | $91K | $83 | — | View 990 |
| 2020 | $108K | $80K | $57K | $83 | — | — |
| 2019 | $81K | $67K | $25K | $0 | — | View 990 |
| 2018 | $110K | $116K | $12K | $0 | — | View 990 |
| 2017 | $50K | $70K | $18K | $0 | — | — |
| 2016 | $38K | $57K | $38K | $0 | — | View 990 |
| 2015 | $128K | $77K | $57K | $0 | — | View 990 |
| 2014 | $73K | $74K | $6K | $0 | — | View 990 |
| 2013 | $53K | $58K | $7K | $0 | — | View 990 |
| 2012 | $77K | $77K | $12K | $0 | — | View 990 |
| 2011 | $68K | $68K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $191K, and assets of $116K (revenue -10.9% year-over-year).
- 2022: Revenue of $192K, expenses of $136K, and assets of $136K (revenue +41.6% year-over-year).
- 2021: Revenue of $135K, expenses of $102K, and assets of $91K (revenue +25.7% year-over-year).
- 2020: Revenue of $108K, expenses of $80K, and assets of $57K (revenue +33.6% year-over-year).
- 2019: Revenue of $81K, expenses of $67K, and assets of $25K (revenue -27.0% year-over-year).
- 2018: Revenue of $110K, expenses of $116K, and assets of $12K (revenue +122.3% year-over-year).
- 2017: Revenue of $50K, expenses of $70K, and assets of $18K (revenue +31.3% year-over-year).
- 2016: Revenue of $38K, expenses of $57K, and assets of $38K (revenue -70.4% year-over-year).
- 2015: Revenue of $128K, expenses of $77K, and assets of $57K (revenue +74.7% year-over-year).
- 2014: Revenue of $73K, expenses of $74K, and assets of $6K (revenue +36.6% year-over-year).
- 2013: Revenue of $53K, expenses of $58K, and assets of $7K (revenue -30.8% year-over-year).
- 2012: Revenue of $77K, expenses of $77K, and assets of $12K (revenue +14.2% year-over-year).
- 2011: Revenue of $68K, expenses of $68K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope In The Valley Equine Rescueand Sanctuary Inc:
Data Sources and Methodology
This transparency report for Hope In The Valley Equine Rescueand Sanctuary 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.