Horse Creek Trust
EIN: 473388286 · Graniteville, SC · NTEE: C34
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $72K |
| Net Assets | $10.4M |
Is Horse Creek Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horse Creek Trust
Horse Creek Trust (EIN: 473388286) is a nonprofit organization based in Graniteville, SC, classified under NTEE code C34. The organization reported total revenue of $20K and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horse Creek Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horse Creek Trust is a micro nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2015–2022).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -49.1% | -0.7% |
| 2021 | -99.4% | -37.8% | -1.3% |
| 2020 | +2507.5% | +517.8% | +1.9% |
| 2019 | -86.1% | -61.1% | -0.2% |
| 2018 | +81.3% | +1221.4% | +0.2% |
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 Horse Creek Trust 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 Horse Creek Trust 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 (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Horse Creek Trust
Is Horse Creek Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Horse Creek Trust (EIN: 473388286) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horse Creek Trust spend its money?
Detailed spending breakdown data is not yet available for Horse Creek Trust. Check back for updated IRS 990 analysis.
Are donations to Horse Creek Trust tax-deductible?
Horse Creek Trust is registered as a tax-exempt nonprofit (EIN: 473388286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horse Creek Trust located?
Horse Creek Trust is headquartered in Graniteville, South Carolina and files with the IRS under EIN 473388286. It is classified under NTEE code C34.
How many years of IRS 990 filings does Horse Creek Trust have?
Horse Creek Trust has 8 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 $20K in total revenue.
Filing History
IRS 990 filing history for Horse Creek Trust showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2022), Horse Creek Trust's revenue has declined by 100%, moving from $10.5M to $0. Total assets increased by 0% over the same period, from $10.5M to $10.5M. Total functional expenses rose by 1073.6%, from $6K to $72K. The organization holds $42K in liabilities against $10.5M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $10.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $0 | $72K | $10.5M | $42K | — | View 990 |
| 2021 | $3K | $142K | $10.6M | $42K | — | View 990 |
| 2020 | $430K | $229K | $10.7M | $42K | — | View 990 |
| 2019 | $17K | $37K | $10.5M | $42K | — | View 990 |
| 2018 | $119K | $95K | $10.5M | $42K | — | View 990 |
| 2017 | $65K | $7K | $10.5M | $42K | — | View 990 |
| 2016 | $102K | $153K | $10.4M | $42K | — | — |
| 2015 | $10.5M | $6K | $10.5M | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $0, expenses of $72K, and assets of $10.5M (revenue -100.0% year-over-year).
- 2021: Revenue of $3K, expenses of $142K, and assets of $10.6M (revenue -99.4% year-over-year).
- 2020: Revenue of $430K, expenses of $229K, and assets of $10.7M (revenue +2507.5% year-over-year).
- 2019: Revenue of $17K, expenses of $37K, and assets of $10.5M (revenue -86.1% year-over-year).
- 2018: Revenue of $119K, expenses of $95K, and assets of $10.5M (revenue +81.3% year-over-year).
- 2017: Revenue of $65K, expenses of $7K, and assets of $10.5M (revenue -35.9% year-over-year).
- 2016: Revenue of $102K, expenses of $153K, and assets of $10.4M (revenue -99.0% year-over-year).
- 2015: Revenue of $10.5M, expenses of $6K, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horse Creek Trust:
Data Sources and Methodology
This transparency report for Horse Creek Trust 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.