Horse Plus Humane Society

Horse Plus Humane Society shows consistent growth and balanced finances with zero reported officer compensation.

EIN: 201156396 · Hohenwald, TN · NTEE: D20 · Updated: 2026-03-28

$3.2MRevenue
$2.7MAssets
90/100Mission Score (Excellent)
D20
Horse Plus Humane Society Financial Summary
MetricValue
Total Revenue$3.2M
Total Expenses$2.2M
Program Spending85%
Net Assets$1.7M
Transparency Score90/100

Is Horse Plus Humane Society Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Horse Plus Humane Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Horse Plus Humane Society

Horse Plus Humane Society (EIN: 201156396) is a nonprofit organization based in Hohenwald, TN, classified under NTEE code D20. The organization reported total revenue of $3.2M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horse Plus Humane Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Horse Plus Humane Society is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.2M
Total Expenses$2.2M
Surplus / Deficit+$10K
Total Assets$2.1M
Total Liabilities$417K
Net Assets$1.7M
Operating Margin0.5%
Debt-to-Asset Ratio19.7%
Months of Reserves11.8 months

Financial Health Grade: A

In 2023, Horse Plus Humane Society reported a surplus of $10K with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 19.7% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Horse Plus Humane Society's revenue has grown at a compound annual growth rate (CAGR) of 25.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+3.0%-4.2%+1.2%
2022-25.9%+37.8%+11.4%
2021+184.8%+125.2%+186.1%
2020+15.8%-14.5%+202.1%
2019+55.4%+73.2%+6.1%

IRS Tax-Exempt Classification

IRS Classification Codes4000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Horse Plus Humane Society demonstrates a generally stable financial position, with recent filings showing revenues closely matching expenses. For instance, in 2023, revenue was $2,166,004 against expenses of $2,156,214, indicating efficient management of resources without significant surpluses or deficits. The organization has shown substantial growth in revenue and assets over the past decade, from $252,010 in revenue and $80,270 in assets in 2014 to over $2 million in both categories in recent years. This growth suggests increasing donor support and operational capacity. Regarding spending efficiency, the consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health appears sound, with assets consistently exceeding liabilities, particularly in recent years. For example, in 2023, assets were $2,118,919 against liabilities of $417,107. The organization's transparency is bolstered by its consistent filing history and the clear reporting of zero officer compensation. This practice minimizes concerns about excessive executive pay, a common red flag for nonprofits. The growth trajectory, coupled with balanced budgets in recent years, suggests a well-managed organization capable of sustaining its operations and mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Horse Plus Humane Society with a Mission Score of 90 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Horse Plus Humane Society allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$2.2MTotal Revenue
$2.2MTotal Expenses
$2.1MTotal Assets
$417KTotal Liabilities
$1.7MNet Assets
  • The organization reported a surplus of $10K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 19.7%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a strong positive for directing funds to its mission.

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 Plus Humane Society:

  • Consistent reporting of 0% officer compensation across all filings.
  • Significant and sustained growth in revenue and assets over the past decade.
  • Healthy asset-to-liability ratio, indicating financial stability (e.g., 2023 assets $2,118,919 vs. liabilities $417,107).
  • Expenses closely match revenue in recent years, suggesting efficient budget management (e.g., 2023 revenue $2,166,004 vs. expenses $2,156,214).

Frequently Asked Questions about Horse Plus Humane Society

Is Horse Plus Humane Society a legitimate charity?

Horse Plus Humane Society (EIN: 201156396) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Horse Plus Humane Society spend its money?

Horse Plus Humane Society directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Horse Plus Humane Society tax-deductible?

Horse Plus Humane Society is registered as a tax-exempt nonprofit (EIN: 201156396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Horse Plus Humane Society's spending goes to programs?

Horse Plus Humane Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Horse Plus Humane Society compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Horse Plus Humane Society is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Horse Plus Humane Society located?

Horse Plus Humane Society is headquartered in Hohenwald, Tennessee and files with the IRS under EIN 201156396. It is classified under NTEE code D20.

How many years of IRS 990 filings does Horse Plus Humane Society have?

Horse Plus Humane Society 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 $3.2M in total revenue.

Is Horse Plus Humane Society a good charity?

Based on the provided financial data, Horse Plus Humane Society appears to be a well-managed charity. It demonstrates consistent growth, maintains a healthy asset-to-liability ratio, and notably reports 0% officer compensation, suggesting a strong commitment to its mission.

How has the organization's financial health changed over time?

The organization has experienced significant financial growth, with revenue increasing from $252,010 in 2014 to over $2.1 million in 2023, and assets growing from $80,270 to over $2.1 million in the same period. This indicates substantial expansion and increased capacity.

What is the organization's approach to executive compensation?

Horse Plus Humane Society consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers, which is a highly positive indicator of financial stewardship.

Filing History

IRS 990 filing history for Horse Plus Humane Society showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Horse Plus Humane Society's revenue has grown by 1426.3%, moving from $142K to $2.2M. Total assets increased by 3233.9% over the same period, from $64K to $2.1M. Total functional expenses rose by 1471.2%, from $137K to $2.2M. In its most recent filing year (2023), Horse Plus Humane Society reported a surplus of $10K, with revenue exceeding expenses. The organization holds $417K in liabilities against $2.1M in assets (debt-to-asset ratio: 19.7%), resulting in net assets of $1.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.2M $2.2M $2.1M $417K
2022 $2.1M $2.3M $2.1M $401K View 990
2021 $2.8M $1.6M $1.9M $39K View 990
2020 $997K $726K $657K $22K View 990
2019 $861K $848K $217K $0 View 990
2018 $554K $490K $205K $0 View 990
2017 $434K $429K $144K $97K View 990
2016 $284K $277K $84K $42K View 990
2015 $209K $253K $36K $0 View 990
2014 $252K $236K $80K $0 View 990
2013 $220K $197K $64K $0 View 990
2012 $214K $237K $41K $0 View 990
2011 $142K $137K $64K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $2.1M (revenue +3.0% year-over-year).
  • 2022: Revenue of $2.1M, expenses of $2.3M, and assets of $2.1M (revenue -25.9% year-over-year).
  • 2021: Revenue of $2.8M, expenses of $1.6M, and assets of $1.9M (revenue +184.8% year-over-year).
  • 2020: Revenue of $997K, expenses of $726K, and assets of $657K (revenue +15.8% year-over-year).
  • 2019: Revenue of $861K, expenses of $848K, and assets of $217K (revenue +55.4% year-over-year).
  • 2018: Revenue of $554K, expenses of $490K, and assets of $205K (revenue +27.6% year-over-year).
  • 2017: Revenue of $434K, expenses of $429K, and assets of $144K (revenue +52.9% year-over-year).
  • 2016: Revenue of $284K, expenses of $277K, and assets of $84K (revenue +36.1% year-over-year).
  • 2015: Revenue of $209K, expenses of $253K, and assets of $36K (revenue -17.2% year-over-year).
  • 2014: Revenue of $252K, expenses of $236K, and assets of $80K (revenue +14.6% year-over-year).
  • 2013: Revenue of $220K, expenses of $197K, and assets of $64K (revenue +2.5% year-over-year).
  • 2012: Revenue of $214K, expenses of $237K, and assets of $41K (revenue +51.1% year-over-year).
  • 2011: Revenue of $142K, expenses of $137K, and assets of $64K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Horse Plus Humane Society:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Horse Plus Humane Society 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.

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