Horses Of Hope Riding Center
EIN: 742851003 · Baxter Spgs, KS · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $96K |
| Total Expenses | $223K |
| Net Assets | $37K |
Is Horses Of Hope Riding Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horses Of Hope Riding Center
Horses Of Hope Riding Center (EIN: 742851003) is a nonprofit organization based in Baxter Spgs, KS, classified under NTEE code B28. The organization reported total revenue of $96K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horses Of Hope Riding Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horses Of Hope Riding Center is a micro nonprofit that has been operating for 5 years, with 13 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $224K |
| Total Expenses | $223K |
| Surplus / Deficit | +$1K |
| Total Assets | $57K |
| Total Liabilities | $20K |
| Net Assets | $37K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 34.8% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Horses Of Hope Riding Center reported a surplus of $1K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 34.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2009–2023), Horses Of Hope Riding Center's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.8% | +58.2% | +58.3% |
| 2022 | +15.6% | +3.4% | +26.8% |
| 2021 | -18.5% | -13.7% | -47.5% |
| 2020 | -40.3% | -40.5% | -15.7% |
| 2019 | +37.4% | +27.5% | -36.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horses Of Hope Riding Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Horses Of Hope Riding Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.8%.
Frequently Asked Questions about Horses Of Hope Riding Center
Is Horses Of Hope Riding Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Horses Of Hope Riding Center (EIN: 742851003) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horses Of Hope Riding Center spend its money?
Detailed spending breakdown data is not yet available for Horses Of Hope Riding Center. Check back for updated IRS 990 analysis.
Are donations to Horses Of Hope Riding Center tax-deductible?
Horses Of Hope Riding Center is registered as a tax-exempt nonprofit (EIN: 742851003). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horses Of Hope Riding Center located?
Horses Of Hope Riding Center is headquartered in Baxter Spgs, Kansas and files with the IRS under EIN 742851003. It is classified under NTEE code B28.
How many years of IRS 990 filings does Horses Of Hope Riding Center have?
Horses Of Hope Riding Center 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 $96K in total revenue.
Filing History
IRS 990 filing history for Horses Of Hope Riding Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2009–2023), Horses Of Hope Riding Center's revenue has grown by 71.4%, moving from $131K to $224K. Total assets increased by 5.8% over the same period, from $54K to $57K. Total functional expenses rose by 53.1%, from $146K to $223K. In its most recent filing year (2023), Horses Of Hope Riding Center reported a surplus of $1K, with revenue exceeding expenses. The organization holds $20K in liabilities against $57K in assets (debt-to-asset ratio: 34.8%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $224K | $223K | $57K | $20K | — | View 990 |
| 2022 | $149K | $141K | $36K | $0 | — | — |
| 2021 | $128K | $136K | $29K | $0 | — | View 990 |
| 2020 | $158K | $158K | $54K | $18K | — | — |
| 2019 | $264K | $265K | $65K | $28K | — | — |
| 2016 | $192K | $208K | $101K | $61K | — | — |
| 2015 | $123K | $137K | $56K | $0 | — | View 990 |
| 2014 | $119K | $97K | $70K | $0 | — | View 990 |
| 2013 | $80K | $72K | $48K | $0 | — | View 990 |
| 2012 | $124K | $132K | $39K | $0 | — | View 990 |
| 2011 | $135K | $105K | $48K | $0 | — | View 990 |
| 2010 | $119K | $137K | $47K | $29K | — | View 990 |
| 2009 | $131K | $146K | $54K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $224K, expenses of $223K, and assets of $57K (revenue +50.8% year-over-year).
- 2022: Revenue of $149K, expenses of $141K, and assets of $36K (revenue +15.6% year-over-year).
- 2021: Revenue of $128K, expenses of $136K, and assets of $29K (revenue -18.5% year-over-year).
- 2020: Revenue of $158K, expenses of $158K, and assets of $54K (revenue -40.3% year-over-year).
- 2019: Revenue of $264K, expenses of $265K, and assets of $65K (revenue +37.4% year-over-year).
- 2016: Revenue of $192K, expenses of $208K, and assets of $101K (revenue +56.2% year-over-year).
- 2015: Revenue of $123K, expenses of $137K, and assets of $56K (revenue +3.5% year-over-year).
- 2014: Revenue of $119K, expenses of $97K, and assets of $70K (revenue +48.4% year-over-year).
- 2013: Revenue of $80K, expenses of $72K, and assets of $48K (revenue -35.3% year-over-year).
- 2012: Revenue of $124K, expenses of $132K, and assets of $39K (revenue -8.3% year-over-year).
- 2011: Revenue of $135K, expenses of $105K, and assets of $48K (revenue +13.3% year-over-year).
- 2010: Revenue of $119K, expenses of $137K, and assets of $47K (revenue -8.7% year-over-year).
- 2009: Revenue of $131K, expenses of $146K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horses Of Hope Riding Center:
Data Sources and Methodology
This transparency report for Horses Of Hope Riding Center 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.