Horse N Around Therapeutic Riding Center
EIN: 270819383 · Lancaster, SC · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $198K |
| Net Assets | $144K |
Is Horse N Around Therapeutic Riding Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horse N Around Therapeutic Riding Center
Horse N Around Therapeutic Riding Center (EIN: 270819383) is a nonprofit organization based in Lancaster, SC, classified under NTEE code P80. The organization reported total revenue of $262K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horse N Around Therapeutic Riding Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horse N Around Therapeutic Riding Center is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $242K |
| Total Expenses | $198K |
| Surplus / Deficit | +$44K |
| Total Assets | $222K |
| Total Liabilities | $77K |
| Net Assets | $144K |
| Operating Margin | 18.1% |
| Debt-to-Asset Ratio | 34.8% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, Horse N Around Therapeutic Riding Center reported a surplus of $44K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 34.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Horse N Around Therapeutic Riding Center's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | -17.2% | +16.5% |
| 2022 | -13.5% | -4.3% | -6.1% |
| 2021 | -14.2% | -13.2% | +6.9% |
| 2020 | +101.4% | +109.9% | +54.0% |
| 2019 | -2.0% | -13.8% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horse N Around Therapeutic Riding Center 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 N Around Therapeutic Riding Center 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 $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.8%.
Frequently Asked Questions about Horse N Around Therapeutic Riding Center
Is Horse N Around Therapeutic Riding Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Horse N Around Therapeutic Riding Center (EIN: 270819383) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horse N Around Therapeutic Riding Center spend its money?
Detailed spending breakdown data is not yet available for Horse N Around Therapeutic Riding Center. Check back for updated IRS 990 analysis.
Are donations to Horse N Around Therapeutic Riding Center tax-deductible?
Horse N Around Therapeutic Riding Center is registered as a tax-exempt nonprofit (EIN: 270819383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horse N Around Therapeutic Riding Center located?
Horse N Around Therapeutic Riding Center is headquartered in Lancaster, South Carolina and files with the IRS under EIN 270819383. It is classified under NTEE code P80.
How many years of IRS 990 filings does Horse N Around Therapeutic Riding Center have?
Horse N Around Therapeutic Riding Center 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 $262K in total revenue.
Filing History
IRS 990 filing history for Horse N Around Therapeutic Riding Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horse N Around Therapeutic Riding Center's revenue has grown by 300.5%, moving from $60K to $242K. Total assets increased by 44307.2% over the same period, from $499 to $222K. Total functional expenses rose by 226.9%, from $61K to $198K. In its most recent filing year (2023), Horse N Around Therapeutic Riding Center reported a surplus of $44K, with revenue exceeding expenses. The organization holds $77K in liabilities against $222K in assets (debt-to-asset ratio: 34.8%), resulting in net assets of $144K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $242K | $198K | $222K | $77K | — | — |
| 2022 | $233K | $240K | $190K | $90K | — | — |
| 2021 | $270K | $250K | $202K | $95K | — | View 990 |
| 2020 | $314K | $288K | $189K | $102K | — | View 990 |
| 2019 | $156K | $137K | $123K | $0 | — | View 990 |
| 2018 | $159K | $159K | $104K | $0 | — | View 990 |
| 2017 | $184K | $188K | $105K | $65K | — | View 990 |
| 2016 | $182K | $174K | $46K | $3K | — | View 990 |
| 2015 | $146K | $156K | $9K | $17K | — | — |
| 2014 | $109K | $109K | $3K | $0 | — | View 990 |
| 2013 | $68K | $68K | $3K | $0 | — | View 990 |
| 2012 | $71K | $68K | $3K | $0 | — | View 990 |
| 2011 | $60K | $61K | $499 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $242K, expenses of $198K, and assets of $222K (revenue +3.9% year-over-year).
- 2022: Revenue of $233K, expenses of $240K, and assets of $190K (revenue -13.5% year-over-year).
- 2021: Revenue of $270K, expenses of $250K, and assets of $202K (revenue -14.2% year-over-year).
- 2020: Revenue of $314K, expenses of $288K, and assets of $189K (revenue +101.4% year-over-year).
- 2019: Revenue of $156K, expenses of $137K, and assets of $123K (revenue -2.0% year-over-year).
- 2018: Revenue of $159K, expenses of $159K, and assets of $104K (revenue -13.6% year-over-year).
- 2017: Revenue of $184K, expenses of $188K, and assets of $105K (revenue +1.4% year-over-year).
- 2016: Revenue of $182K, expenses of $174K, and assets of $46K (revenue +24.7% year-over-year).
- 2015: Revenue of $146K, expenses of $156K, and assets of $9K (revenue +33.7% year-over-year).
- 2014: Revenue of $109K, expenses of $109K, and assets of $3K (revenue +60.5% year-over-year).
- 2013: Revenue of $68K, expenses of $68K, and assets of $3K (revenue -3.7% year-over-year).
- 2012: Revenue of $71K, expenses of $68K, and assets of $3K (revenue +16.6% year-over-year).
- 2011: Revenue of $60K, expenses of $61K, and assets of $499.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horse N Around Therapeutic Riding Center:
Data Sources and Methodology
This transparency report for Horse N Around Therapeutic Riding Center 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.