Horses 4 Heroes Inc
Horses 4 Heroes Inc. maintains stable finances with zero officer compensation and growing assets.
EIN: 204872971 · N Las Vegas, NV · NTEE: N69 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $511K |
| Total Expenses | $421K |
| Program Spending | 90% |
| Net Assets | $119K |
| Transparency Score | 92/100 |
Is Horses 4 Heroes Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Horses 4 Heroes Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Horses 4 Heroes Inc
Horses 4 Heroes Inc (EIN: 204872971) is a nonprofit organization based in N Las Vegas, NV, classified under NTEE code N69. The organization reported total revenue of $511K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horses 4 Heroes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horses 4 Heroes Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $423K |
| Total Expenses | $421K |
| Surplus / Deficit | +$2K |
| Total Assets | $119K |
| Net Assets | $119K |
| Operating Margin | 0.5% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Horses 4 Heroes Inc reported a surplus of $2K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Horses 4 Heroes Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.4% | -1.8% | +1.9% |
| 2022 | +4.6% | +15.5% | +0.2% |
| 2021 | -1.2% | +7.0% | +50.4% |
| 2020 | +72.5% | +42.3% | +218.0% |
| 2019 | -17.2% | -15.5% | +71.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Horses 4 Heroes Inc with a Mission Score of 92 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: 90%
- fundraising: 3%
According to IRS 990 filings, Horses 4 Heroes Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is a strong positive for resource allocation.
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 Horses 4 Heroes Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in resource allocation.
- Consistent growth in assets, from $2,742 in 2014 to $118,643 in 2023, demonstrating financial stability.
- Elimination of liabilities in recent years (2020-2023), suggesting strong financial management.
- Revenues generally cover expenses, indicating sustainable operations (e.g., 2023 revenue $423,035 vs. expenses $420,859).
Frequently Asked Questions about Horses 4 Heroes Inc
Is Horses 4 Heroes Inc a legitimate charity?
Horses 4 Heroes Inc (EIN: 204872971) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $511K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Horses 4 Heroes Inc spend its money?
Horses 4 Heroes Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Horses 4 Heroes Inc tax-deductible?
Horses 4 Heroes Inc is registered as a tax-exempt nonprofit (EIN: 204872971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Horses 4 Heroes Inc's spending goes to programs?
Horses 4 Heroes Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Horses 4 Heroes Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Horses 4 Heroes Inc is above average for NTEE category N69 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Horses 4 Heroes Inc located?
Horses 4 Heroes Inc is headquartered in N Las Vegas, Nevada and files with the IRS under EIN 204872971. It is classified under NTEE code N69.
How many years of IRS 990 filings does Horses 4 Heroes Inc have?
Horses 4 Heroes Inc 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 $511K in total revenue.
Is Horses 4 Heroes Inc. a good charity?
Based on the provided financial data, Horses 4 Heroes Inc. appears to be a good charity. They consistently report zero officer compensation, maintain low liabilities, and have steadily grown their assets from $2,742 in 2014 to $118,643 in 2023, indicating responsible financial management and a strong commitment to their mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth and stability. Revenue has generally increased over the years, from $195,114 in 2015 to $423,035 in 2023. Assets have also grown significantly, from $2,742 in 2014 to $118,643 in 2023, while liabilities have been eliminated in recent years (2020-2023).
What is the organization's approach to executive compensation?
Horses 4 Heroes Inc. reports 0% officer compensation in all available filings, meaning no salaries are paid to officers or key employees. This indicates a strong dedication to directing all funds towards program services and operational costs.
Filing History
IRS 990 filing history for Horses 4 Heroes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Horses 4 Heroes Inc's revenue has grown by 147.7%, moving from $171K to $423K. Total assets increased by 1963.7% over the same period, from $6K to $119K. Total functional expenses rose by 145%, from $172K to $421K. In its most recent filing year (2023), Horses 4 Heroes Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $423K | $421K | $119K | $0 | — | — |
| 2022 | $429K | $429K | $116K | $0 | — | View 990 |
| 2021 | $410K | $371K | $116K | $0 | — | View 990 |
| 2020 | $415K | $347K | $77K | $0 | — | View 990 |
| 2019 | $241K | $244K | $24K | $14K | — | View 990 |
| 2018 | $291K | $288K | $14K | $0 | — | View 990 |
| 2017 | $314K | $319K | $15K | $6K | — | View 990 |
| 2016 | $216K | $239K | $29K | $11K | — | View 990 |
| 2015 | $195K | $205K | $52K | $10K | — | View 990 |
| 2014 | $0 | $4K | $3K | $0 | — | View 990 |
| 2013 | $227K | $216K | $17K | $0 | — | View 990 |
| 2012 | $138K | $138K | $6K | $0 | — | View 990 |
| 2011 | $171K | $172K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $423K, expenses of $421K, and assets of $119K (revenue -1.4% year-over-year).
- 2022: Revenue of $429K, expenses of $429K, and assets of $116K (revenue +4.6% year-over-year).
- 2021: Revenue of $410K, expenses of $371K, and assets of $116K (revenue -1.2% year-over-year).
- 2020: Revenue of $415K, expenses of $347K, and assets of $77K (revenue +72.5% year-over-year).
- 2019: Revenue of $241K, expenses of $244K, and assets of $24K (revenue -17.2% year-over-year).
- 2018: Revenue of $291K, expenses of $288K, and assets of $14K (revenue -7.6% year-over-year).
- 2017: Revenue of $314K, expenses of $319K, and assets of $15K (revenue +45.3% year-over-year).
- 2016: Revenue of $216K, expenses of $239K, and assets of $29K (revenue +10.9% year-over-year).
- 2015: Revenue of $195K, expenses of $205K, and assets of $52K.
- 2014: Revenue of $0, expenses of $4K, and assets of $3K (revenue -100.0% year-over-year).
- 2013: Revenue of $227K, expenses of $216K, and assets of $17K (revenue +64.1% year-over-year).
- 2012: Revenue of $138K, expenses of $138K, and assets of $6K (revenue -18.9% year-over-year).
- 2011: Revenue of $171K, expenses of $172K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horses 4 Heroes Inc:
Data Sources and Methodology
This transparency report for Horses 4 Heroes 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.