Horse Park Of New Jersey At Stone Tavern Inc
Horse Park of New Jersey: Stable Finances, Modest Reserves
EIN: 222682499 · Allentown, NJ · NTEE: N300 · Updated: 2026-04-04
Is Horse Park Of New Jersey At Stone Tavern Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Horse Park Of New Jersey At Stone Tavern Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Horse Park Of New Jersey At Stone Tavern Inc
Horse Park Of New Jersey At Stone Tavern Inc (EIN: 222682499) is a nonprofit organization based in Allentown, NJ, classified under NTEE code N300. The organization reported total revenue of $696K and total assets of $577K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horse Park Of New Jersey At Stone Tavern 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 Park Of New Jersey At Stone Tavern Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Horse Park Of New Jersey At Stone Tavern Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership structure, which is commendable for maximizing funds for programs.
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 Horse Park Of New Jersey At Stone Tavern Inc's IRS 990 filings:
- Total liabilities increased from $19,081 in 2021 to $102,624 in 2023, warranting further investigation into the nature of these liabilities.
Strengths
The following positive indicators were identified for Horse Park Of New Jersey At Stone Tavern Inc:
- Consistent revenue generation over several years, demonstrating financial stability.
- Strong asset base relative to annual expenses, providing a buffer for operations.
- Zero reported executive compensation, indicating a high dedication to mission and efficient use of funds.
- Maintained positive net assets despite fluctuations in revenue and expenses.
Frequently Asked Questions about Horse Park Of New Jersey At Stone Tavern Inc
Is Horse Park Of New Jersey At Stone Tavern Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Horse Park Of New Jersey At Stone Tavern Inc (EIN: 222682499) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Horse Park Of New Jersey At Stone Tavern Inc spend its money?
Horse Park Of New Jersey At Stone Tavern Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Horse Park Of New Jersey At Stone Tavern Inc tax-deductible?
Horse Park Of New Jersey At Stone Tavern Inc is registered as a tax-exempt nonprofit (EIN: 222682499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Horse Park Of New Jersey At Stone Tavern Inc do?
Horse Park Of New Jersey At Stone Tavern Inc is a nonprofit organization in the Recreation & Sports sector, located in Allentown, New Jersey. It is classified under NTEE code N300.
How much revenue does Horse Park Of New Jersey At Stone Tavern Inc have?
Horse Park Of New Jersey At Stone Tavern Inc reported total revenue of $695,531. Based on 13 IRS 990 filings on record.
What are Horse Park Of New Jersey At Stone Tavern Inc's total assets?
Horse Park Of New Jersey At Stone Tavern Inc holds total assets of $576,969 as reported in IRS 990 filings.
Where is Horse Park Of New Jersey At Stone Tavern Inc located?
Horse Park Of New Jersey At Stone Tavern Inc is based in Allentown, New Jersey.
What is Horse Park Of New Jersey At Stone Tavern Inc's EIN?
Horse Park Of New Jersey At Stone Tavern Inc's Employer Identification Number (EIN) is 222682499. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Horse Park Of New Jersey At Stone Tavern Inc?
Horse Park Of New Jersey At Stone Tavern Inc is classified under NTEE code N300 (Recreation & Sports).
Is Horse Park Of New Jersey At Stone Tavern Inc a registered 501(c)(3)?
Yes, Horse Park Of New Jersey At Stone Tavern Inc is recognized as a tax-exempt organization by the IRS. EIN: 222682499.
Does Horse Park Of New Jersey At Stone Tavern Inc file IRS Form 990?
Yes, Horse Park Of New Jersey At Stone Tavern Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Horse Park Of New Jersey At Stone Tavern Inc's revenue in 2023?
In the 202312 filing period, Horse Park Of New Jersey At Stone Tavern Inc reported total revenue of $458,933, total expenses of $427,292, and net assets of $576,969.
Is Horse Park Of New Jersey At Stone Tavern Inc's revenue growing or declining?
Horse Park Of New Jersey At Stone Tavern Inc's revenue is declining. Revenue went from $492,991 (202212) to $458,933 (202312), a -6.9% change. Based on 13 filings on record.
What is Horse Park Of New Jersey At Stone Tavern Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Horse Park Of New Jersey At Stone Tavern Inc covers tax period 202312. It shows revenue of $458,933, expenses of $427,292, total assets of $576,969, and liabilities of $102,624.
How much does Horse Park Of New Jersey At Stone Tavern Inc spend on programs vs administration?
Based on IRS 990 analysis, Horse Park Of New Jersey At Stone Tavern Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Horse Park Of New Jersey At Stone Tavern Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Horse Park Of New Jersey At Stone Tavern Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 4 strengths noted.
What are the red flags for Horse Park Of New Jersey At Stone Tavern Inc?
The following concerns were identified: Total liabilities increased from $19,081 in 2021 to $102,624 in 2023, warranting further investigation into the nature of these liabilities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Horse Park Of New Jersey At Stone Tavern Inc's strengths?
Positive indicators for Horse Park Of New Jersey At Stone Tavern Inc include: Consistent revenue generation over several years, demonstrating financial stability.. Strong asset base relative to annual expenses, providing a buffer for operations.. Zero reported executive compensation, indicating a high dedication to mission and efficient use of funds.. Maintained positive net assets despite fluctuations in revenue and expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does Horse Park Of New Jersey At Stone Tavern Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership structure, which is commendable for maximizing funds for programs. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Horse Park Of New Jersey At Stone Tavern Inc?
• Financial statements are publicly available through IRS Form 990 filings. • The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, indicating a volunteer-led executive structure. • Detailed program service accomplishments are provided in Form 990, outlining activities related to equestrian events and facility maintenance. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization sustain its operations with $0 reported executive compensation?
The organization likely relies heavily on volunteer leadership and staff, or compensation is structured in a way that is not reported under the standard executive compensation lines on Form 990, such as through contracted services rather than direct employee salaries for key roles. Given the consistent $0, a volunteer model is most probable.
What caused the significant increase in liabilities from $19,081 in 2021 to $102,624 in 2023?
Without more detailed financial statements, it's difficult to pinpoint the exact cause. This increase could be due to new capital projects, deferred maintenance, short-term loans, or changes in accounting for specific obligations. Further inquiry into the nature of these liabilities would be beneficial.
Filing History
IRS 990 filing history for Horse Park Of New Jersey At Stone Tavern Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horse Park Of New Jersey At Stone Tavern Inc's revenue has declined by 32.2%, moving from $677K to $459K. Total assets decreased by 46.7% over the same period, from $1.1M to $577K. Total functional expenses fell by 35.2%, from $660K to $427K. In its most recent filing year (2023), Horse Park Of New Jersey At Stone Tavern Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $103K in liabilities against $577K in assets (debt-to-asset ratio: 17.8%), resulting in net assets of $474K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $427K | $577K | $103K | — | — |
| 2022 | $493K | $642K | $553K | $111K | — | View 990 |
| 2021 | $441K | $499K | $661K | $19K | — | View 990 |
| 2020 | $293K | $369K | $754K | $54K | — | View 990 |
| 2019 | $353K | $402K | $775K | $18K | — | View 990 |
| 2018 | $299K | $347K | $814K | $18K | — | View 990 |
| 2017 | $350K | $388K | $908K | $56K | — | View 990 |
| 2016 | $561K | $394K | $907K | $17K | — | View 990 |
| 2015 | $720K | $719K | $900K | $177K | — | View 990 |
| 2014 | $697K | $718K | $940K | $218K | — | View 990 |
| 2013 | $718K | $731K | $980K | $238K | — | View 990 |
| 2012 | $731K | $733K | $1.0M | $261K | — | View 990 |
| 2011 | $677K | $660K | $1.1M | $326K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $427K, and assets of $577K (revenue -6.9% year-over-year).
- 2022: Revenue of $493K, expenses of $642K, and assets of $553K (revenue +11.7% year-over-year).
- 2021: Revenue of $441K, expenses of $499K, and assets of $661K (revenue +50.7% year-over-year).
- 2020: Revenue of $293K, expenses of $369K, and assets of $754K (revenue -17.0% year-over-year).
- 2019: Revenue of $353K, expenses of $402K, and assets of $775K (revenue +18.1% year-over-year).
- 2018: Revenue of $299K, expenses of $347K, and assets of $814K (revenue -14.6% year-over-year).
- 2017: Revenue of $350K, expenses of $388K, and assets of $908K (revenue -37.7% year-over-year).
- 2016: Revenue of $561K, expenses of $394K, and assets of $907K (revenue -22.1% year-over-year).
- 2015: Revenue of $720K, expenses of $719K, and assets of $900K (revenue +3.3% year-over-year).
- 2014: Revenue of $697K, expenses of $718K, and assets of $940K (revenue -2.9% year-over-year).
- 2013: Revenue of $718K, expenses of $731K, and assets of $980K (revenue -1.8% year-over-year).
- 2012: Revenue of $731K, expenses of $733K, and assets of $1.0M (revenue +8.0% year-over-year).
- 2011: Revenue of $677K, expenses of $660K, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Horse Park Of New Jersey At Stone Tavern 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.