Horses Spirits Healing Inc
EIN: 471915118 · Billings, MT · NTEE: E99
| Metric | Value |
|---|---|
| Total Revenue | $280K |
| Total Expenses | $302K |
| Net Assets | $377K |
Is Horses Spirits Healing Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horses Spirits Healing Inc
Horses Spirits Healing Inc (EIN: 471915118) is a nonprofit organization based in Billings, MT, classified under NTEE code E99. The organization reported total revenue of $280K and total assets of $367K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horses Spirits Healing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horses Spirits Healing Inc is a small nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 23.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $331K |
| Total Expenses | $302K |
| Surplus / Deficit | +$29K |
| Total Assets | $391K |
| Total Liabilities | $13K |
| Net Assets | $377K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 15.5 months |
Financial Health Grade: A
In 2023, Horses Spirits Healing Inc reported a surplus of $29K with revenue exceeding expenses, holds 15.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Horses Spirits Healing Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | -5.0% | +11.6% |
| 2022 | -3.9% | +26.4% | -13.4% |
| 2021 | -6.3% | +37.7% | +13.9% |
| 2020 | +70.1% | +8.9% | +97.7% |
| 2019 | +26.6% | +31.0% | +31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horses Spirits Healing Inc 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 Spirits Healing Inc 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 $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Horses Spirits Healing Inc
Is Horses Spirits Healing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Horses Spirits Healing Inc (EIN: 471915118) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horses Spirits Healing Inc spend its money?
Detailed spending breakdown data is not yet available for Horses Spirits Healing Inc. Check back for updated IRS 990 analysis.
Are donations to Horses Spirits Healing Inc tax-deductible?
Horses Spirits Healing Inc is registered as a tax-exempt nonprofit (EIN: 471915118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horses Spirits Healing Inc located?
Horses Spirits Healing Inc is headquartered in Billings, Montana and files with the IRS under EIN 471915118. It is classified under NTEE code E99.
How many years of IRS 990 filings does Horses Spirits Healing Inc have?
Horses Spirits Healing Inc has 8 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 $280K in total revenue.
Filing History
IRS 990 filing history for Horses Spirits Healing Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Horses Spirits Healing Inc's revenue has grown by 346.8%, moving from $74K to $331K. Total assets increased by 686.4% over the same period, from $50K to $391K. Total functional expenses rose by 500.4%, from $50K to $302K. In its most recent filing year (2023), Horses Spirits Healing Inc reported a surplus of $29K, with revenue exceeding expenses. The organization holds $13K in liabilities against $391K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $377K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $331K | $302K | $391K | $13K | — | View 990 |
| 2022 | $300K | $318K | $350K | $33K | — | View 990 |
| 2021 | $312K | $252K | $404K | $34K | — | View 990 |
| 2020 | $333K | $183K | $355K | $25K | — | View 990 |
| 2019 | $196K | $168K | $179K | $25K | — | View 990 |
| 2018 | $154K | $128K | $137K | $13K | — | View 990 |
| 2017 | $149K | $101K | $99K | $1K | — | View 990 |
| 2016 | $74K | $50K | $50K | $5 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $331K, expenses of $302K, and assets of $391K (revenue +10.4% year-over-year).
- 2022: Revenue of $300K, expenses of $318K, and assets of $350K (revenue -3.9% year-over-year).
- 2021: Revenue of $312K, expenses of $252K, and assets of $404K (revenue -6.3% year-over-year).
- 2020: Revenue of $333K, expenses of $183K, and assets of $355K (revenue +70.1% year-over-year).
- 2019: Revenue of $196K, expenses of $168K, and assets of $179K (revenue +26.6% year-over-year).
- 2018: Revenue of $154K, expenses of $128K, and assets of $137K (revenue +3.5% year-over-year).
- 2017: Revenue of $149K, expenses of $101K, and assets of $99K (revenue +101.5% year-over-year).
- 2016: Revenue of $74K, expenses of $50K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horses Spirits Healing Inc:
Data Sources and Methodology
This transparency report for Horses Spirits Healing 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.