Horse Of Connecticut Inc
Horse Of Connecticut Inc: Stable Finances, Strong Program Focus
EIN: 222611615 · New Preston, CT · NTEE: D200 · Updated: 2026-04-04
About Horse Of Connecticut Inc
Horse Of Connecticut Inc (EIN: 222611615) is a nonprofit organization based in New Preston, CT, classified under NTEE code D200. The organization reported total revenue of $258K and total assets of $383K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horse Of Connecticut Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Horse Of Connecticut 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: 88%
- fundraising: 5%
According to IRS 990 filings, Horse Of Connecticut Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The provided data does not include specific executive compensation figures, making a direct assessment impossible.
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.
Strengths
The following positive indicators were identified for Horse Of Connecticut Inc:
- Consistent revenue generation over several years, with 2023 revenue at $317,153.
- Strong program spending, with 88% of expenses dedicated to programs in the most recent filing.
- Healthy asset base of $472,420 in 2023, indicating financial stability.
Frequently Asked Questions about Horse Of Connecticut Inc
What does Horse Of Connecticut Inc do?
Horse Of Connecticut Inc is a nonprofit organization in the Animal-Related sector, located in New Preston, Connecticut. It is classified under NTEE code D200.
How much revenue does Horse Of Connecticut Inc have?
Horse Of Connecticut Inc reported total revenue of $257,736. Based on 13 IRS 990 filings on record.
What are Horse Of Connecticut Inc's total assets?
Horse Of Connecticut Inc holds total assets of $382,977 as reported in IRS 990 filings.
Where is Horse Of Connecticut Inc located?
Horse Of Connecticut Inc is based in New Preston, Connecticut.
What is Horse Of Connecticut Inc's EIN?
Horse Of Connecticut Inc's Employer Identification Number (EIN) is 222611615. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Horse Of Connecticut Inc?
Horse Of Connecticut Inc is classified under NTEE code D200 (Animal-Related).
Is Horse Of Connecticut Inc a registered 501(c)(3)?
Yes, Horse Of Connecticut Inc is recognized as a tax-exempt organization by the IRS. EIN: 222611615.
Does Horse Of Connecticut Inc file IRS Form 990?
Yes, Horse Of Connecticut Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Horse Of Connecticut Inc's revenue in 2023?
In the 202312 filing period, Horse Of Connecticut Inc reported total revenue of $317,153, total expenses of $280,270, and net assets of $472,420.
Is Horse Of Connecticut Inc's revenue growing or declining?
Horse Of Connecticut Inc's revenue is growing. Revenue went from $247,288 (202212) to $317,153 (202312), a +28.3% change. Based on 13 filings on record.
What is Horse Of Connecticut Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Horse Of Connecticut Inc covers tax period 202312. It shows revenue of $317,153, expenses of $280,270, total assets of $472,420, and liabilities of N/A.
How much does Horse Of Connecticut Inc spend on programs vs administration?
Based on IRS 990 analysis, Horse Of Connecticut Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Horse Of Connecticut Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Horse Of Connecticut Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Horse Of Connecticut Inc's strengths?
Positive indicators for Horse Of Connecticut Inc include: Consistent revenue generation over several years, with 2023 revenue at $317,153.. Strong program spending, with 88% of expenses dedicated to programs in the most recent filing.. Healthy asset base of $472,420 in 2023, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Horse Of Connecticut Inc compensate executives?
The provided data does not include specific executive compensation figures, making a direct assessment impossible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Horse Of Connecticut Inc?
- The organization consistently files its Form 990s, indicating good compliance with reporting requirements. - Financial data is available for multiple years, allowing for trend analysis of revenue and expenses. - No specific program details or impact metrics are readily available within the provided financial data, limiting a deeper understanding of program effectiveness. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has the organization managed to maintain a low administrative overhead despite fluctuations in revenue?
The organization consistently allocates a very small percentage of its total expenses to administrative costs (e.g., 7% in 2023), suggesting efficient operational management regardless of revenue changes.
What factors contributed to the significant increase in assets from $344,656 in 2020 to $472,420 in 2023?
The increase in assets can be attributed to consistent positive net income (revenue exceeding expenses) over these years, allowing for accumulation of reserves and potentially investments, as seen with revenue of $317,153 against expenses of $280,270 in 2023.
Filing History
IRS 990 filing history for Horse Of Connecticut Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horse Of Connecticut Inc's revenue has grown by 75.2%, moving from $181K to $317K. Total assets increased by 38.7% over the same period, from $341K to $472K. Total functional expenses rose by 95.9%, from $143K to $280K. In its most recent filing year (2023), Horse Of Connecticut Inc reported a surplus of $37K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $317K | $280K | $472K | $0 | — | — |
| 2022 | $247K | $245K | $436K | $0 | — | View 990 |
| 2021 | $357K | $269K | $433K | $57K | — | View 990 |
| 2020 | $195K | $183K | $345K | $57K | — | View 990 |
| 2019 | $177K | $175K | $332K | $57K | — | View 990 |
| 2018 | $175K | $199K | $329K | $57K | — | View 990 |
| 2017 | $167K | $180K | $353K | $57K | — | View 990 |
| 2016 | $184K | $183K | $366K | $57K | — | View 990 |
| 2015 | $245K | $190K | $366K | $57K | — | View 990 |
| 2014 | $165K | $193K | $311K | $57K | — | View 990 |
| 2013 | $159K | $193K | $339K | $57K | — | View 990 |
| 2012 | $237K | $205K | $373K | $56K | — | View 990 |
| 2011 | $181K | $143K | $341K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $317K, expenses of $280K, and assets of $472K (revenue +28.3% year-over-year).
- 2022: Revenue of $247K, expenses of $245K, and assets of $436K (revenue -30.8% year-over-year).
- 2021: Revenue of $357K, expenses of $269K, and assets of $433K (revenue +83.3% year-over-year).
- 2020: Revenue of $195K, expenses of $183K, and assets of $345K (revenue +9.9% year-over-year).
- 2019: Revenue of $177K, expenses of $175K, and assets of $332K (revenue +1.2% year-over-year).
- 2018: Revenue of $175K, expenses of $199K, and assets of $329K (revenue +5.3% year-over-year).
- 2017: Revenue of $167K, expenses of $180K, and assets of $353K (revenue -9.5% year-over-year).
- 2016: Revenue of $184K, expenses of $183K, and assets of $366K (revenue -24.8% year-over-year).
- 2015: Revenue of $245K, expenses of $190K, and assets of $366K (revenue +48.8% year-over-year).
- 2014: Revenue of $165K, expenses of $193K, and assets of $311K (revenue +3.3% year-over-year).
- 2013: Revenue of $159K, expenses of $193K, and assets of $339K (revenue -32.7% year-over-year).
- 2012: Revenue of $237K, expenses of $205K, and assets of $373K (revenue +30.7% year-over-year).
- 2011: Revenue of $181K, expenses of $143K, and assets of $341K.
Data Sources and Methodology
This transparency report for Horse Of Connecticut 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.