Horses Of Hope Missouri Inc
Horses Of Hope Missouri Inc experiences recent revenue decline and increased liabilities despite significant asset growth.
EIN: 200226855 · Rogersville, MO · NTEE: P82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $415K |
| Total Expenses | $432K |
| Program Spending | 80% |
| Net Assets | $660K |
| Transparency Score | 75/100 |
Is Horses Of Hope Missouri Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Horses Of Hope Missouri Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Horses Of Hope Missouri Inc
Horses Of Hope Missouri Inc (EIN: 200226855) is a nonprofit organization based in Rogersville, MO, classified under NTEE code P82. The organization reported total revenue of $415K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horses Of Hope Missouri Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horses Of Hope Missouri Inc is a small nonprofit that has been operating for 22 years, with 15 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $269K |
| Total Expenses | $432K |
| Surplus / Deficit | $-163,006 |
| Total Assets | $1.3M |
| Total Liabilities | $619K |
| Net Assets | $660K |
| Operating Margin | -60.7% |
| Debt-to-Asset Ratio | 48.4% |
| Months of Reserves | 35.6 months |
Financial Health Grade: B
In 2023, Horses Of Hope Missouri Inc reported a deficit of $163K with expenses exceeding revenue, holds 35.6 months of operating reserves (strong position), has a debt-to-asset ratio of 48.4% (moderate leverage).
Financial Trends
Over 15 years of filings (2009–2023), Horses Of Hope Missouri Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | -17.8% | -9.3% |
| 2022 | -71.0% | +2.3% | +3.9% |
| 2021 | +468.6% | +30.6% | +177.3% |
| 2020 | -77.2% | +15.2% | -38.5% |
| 2019 | +842.6% | +4.2% | +68.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Of Hope Missouri 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: 80%
- fundraising: 5%
According to IRS 990 filings, Horses Of Hope Missouri Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $163K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive compensation below the reporting threshold, which is a positive sign for directing funds to the 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.
Red Flags
The following concerns were identified during AI analysis of Horses Of Hope Missouri Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), indicating potential operational deficits.
- Significant increase in liabilities from $39,922 in 2020 to $618,668 in 2023, which could impact financial stability.
Strengths
The following positive indicators were identified for Horses Of Hope Missouri Inc:
- Consistent 0% officer compensation across all filings, demonstrating a commitment to mission-focused spending.
- Substantial asset growth from $489,435 in 2020 to $1,278,519 in 2023, indicating successful capital accumulation.
- Long filing history (15 filings) suggests established operations and compliance.
Frequently Asked Questions about Horses Of Hope Missouri Inc
Is Horses Of Hope Missouri Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Horses Of Hope Missouri Inc (EIN: 200226855) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Horses Of Hope Missouri Inc spend its money?
Horses Of Hope Missouri Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Horses Of Hope Missouri Inc tax-deductible?
Horses Of Hope Missouri Inc is registered as a tax-exempt nonprofit (EIN: 200226855). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Horses Of Hope Missouri Inc's spending goes to programs?
Horses Of Hope Missouri Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Horses Of Hope Missouri Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Horses Of Hope Missouri Inc is above average for NTEE category P82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Horses Of Hope Missouri Inc located?
Horses Of Hope Missouri Inc is headquartered in Rogersville, Missouri and files with the IRS under EIN 200226855. It is classified under NTEE code P82.
How many years of IRS 990 filings does Horses Of Hope Missouri Inc have?
Horses Of Hope Missouri Inc has 15 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 $415K in total revenue.
Why have expenses exceeded revenue in 2022 and 2023?
In 2023, expenses were $431,548 against revenues of $268,542, and in 2022, expenses were $524,730 against revenues of $249,819. This suggests the organization may be drawing on reserves or experiencing a temporary funding gap.
What caused the significant increase in liabilities from $39,922 in 2020 to $618,668 in 2023?
The substantial increase in liabilities over this period warrants investigation to understand if it's due to program expansion, capital projects, or other financial obligations.
How does the organization sustain operations with 0% officer compensation?
The consistent 0% officer compensation suggests a highly volunteer-driven leadership model or that compensation falls below IRS reporting thresholds, which is a strong indicator of efficiency.
Filing History
IRS 990 filing history for Horses Of Hope Missouri Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2009–2023), Horses Of Hope Missouri Inc's revenue has grown by 335.8%, moving from $62K to $269K. Total assets increased by 139.4% over the same period, from $534K to $1.3M. Total functional expenses rose by 58.5%, from $272K to $432K. In its most recent filing year (2023), Horses Of Hope Missouri Inc reported a deficit of $163K, with expenses exceeding revenue. The organization holds $619K in liabilities against $1.3M in assets (debt-to-asset ratio: 48.4%), resulting in net assets of $660K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $269K | $432K | $1.3M | $619K | — | — |
| 2022 | $250K | $525K | $1.4M | $587K | — | View 990 |
| 2021 | $861K | $513K | $1.4M | $560K | — | View 990 |
| 2020 | $151K | $393K | $489K | $40K | — | View 990 |
| 2019 | $665K | $341K | $796K | $105K | — | View 990 |
| 2018 | $71K | $327K | $471K | $105K | — | View 990 |
| 2017 | $753K | $387K | $794K | $172K | — | View 990 |
| 2016 | $277K | $324K | $651K | $189K | — | View 990 |
| 2015 | $540K | $327K | $634K | $207K | — | View 990 |
| 2014 | $105K | $313K | $404K | $189K | — | View 990 |
| 2013 | $408K | $280K | $613K | $189K | — | View 990 |
| 2012 | $80K | $302K | $457K | $162K | — | View 990 |
| 2011 | $405K | $173K | $666K | $149K | — | View 990 |
| 2010 | $121K | $255K | $400K | $115K | — | View 990 |
| 2009 | $62K | $272K | $534K | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $269K, expenses of $432K, and assets of $1.3M (revenue +7.5% year-over-year).
- 2022: Revenue of $250K, expenses of $525K, and assets of $1.4M (revenue -71.0% year-over-year).
- 2021: Revenue of $861K, expenses of $513K, and assets of $1.4M (revenue +468.6% year-over-year).
- 2020: Revenue of $151K, expenses of $393K, and assets of $489K (revenue -77.2% year-over-year).
- 2019: Revenue of $665K, expenses of $341K, and assets of $796K (revenue +842.6% year-over-year).
- 2018: Revenue of $71K, expenses of $327K, and assets of $471K (revenue -90.6% year-over-year).
- 2017: Revenue of $753K, expenses of $387K, and assets of $794K (revenue +171.9% year-over-year).
- 2016: Revenue of $277K, expenses of $324K, and assets of $651K (revenue -48.7% year-over-year).
- 2015: Revenue of $540K, expenses of $327K, and assets of $634K (revenue +415.1% year-over-year).
- 2014: Revenue of $105K, expenses of $313K, and assets of $404K (revenue -74.3% year-over-year).
- 2013: Revenue of $408K, expenses of $280K, and assets of $613K (revenue +407.3% year-over-year).
- 2012: Revenue of $80K, expenses of $302K, and assets of $457K (revenue -80.2% year-over-year).
- 2011: Revenue of $405K, expenses of $173K, and assets of $666K (revenue +235.3% year-over-year).
- 2010: Revenue of $121K, expenses of $255K, and assets of $400K (revenue +96.1% year-over-year).
- 2009: Revenue of $62K, expenses of $272K, and assets of $534K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horses Of Hope Missouri Inc:
Data Sources and Methodology
This transparency report for Horses Of Hope Missouri 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.