Horseshoe Bay Farms Inc
EIN: 825517199 · Egg Harbor, WI · NTEE: L81
Is Horseshoe Bay Farms Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horseshoe Bay Farms Inc
Horseshoe Bay Farms Inc (EIN: 825517199) is a nonprofit organization based in Egg Harbor, WI, classified under NTEE code L81. The organization reported total revenue of $148K and total assets of $615K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horseshoe Bay Farms Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Horseshoe Bay Farms 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 Horseshoe Bay Farms 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.
Frequently Asked Questions about Horseshoe Bay Farms Inc
Is Horseshoe Bay Farms Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Horseshoe Bay Farms Inc (EIN: 825517199) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horseshoe Bay Farms Inc spend its money?
Detailed spending breakdown data is not yet available for Horseshoe Bay Farms Inc. Check back for updated IRS 990 analysis.
Are donations to Horseshoe Bay Farms Inc tax-deductible?
Horseshoe Bay Farms Inc is registered as a tax-exempt nonprofit (EIN: 825517199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Horseshoe Bay Farms Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Horseshoe Bay Farms Inc's revenue has declined by 53.3%, moving from $500K to $234K. Total assets increased by 7.6% over the same period, from $569K to $613K. Total functional expenses rose by 1415.4%, from $8K to $126K. In its most recent filing year (2023), Horseshoe Bay Farms Inc reported a surplus of $108K, with revenue exceeding expenses. The organization holds $603 in liabilities against $613K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $612K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $234K | $126K | $613K | $603 | — | — |
| 2022 | $147K | $153K | $597K | $90K | — | View 990 |
| 2021 | $135K | $109K | $605K | $93K | — | — |
| 2020 | $61K | $53K | $580K | $94K | — | View 990 |
| 2019 | $15K | $28K | $568K | $89K | — | View 990 |
| 2018 | $500K | $8K | $569K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $234K, expenses of $126K, and assets of $613K (revenue +58.4% year-over-year).
- 2022: Revenue of $147K, expenses of $153K, and assets of $597K (revenue +9.0% year-over-year).
- 2021: Revenue of $135K, expenses of $109K, and assets of $605K (revenue +121.0% year-over-year).
- 2020: Revenue of $61K, expenses of $53K, and assets of $580K (revenue +314.9% year-over-year).
- 2019: Revenue of $15K, expenses of $28K, and assets of $568K (revenue -97.0% year-over-year).
- 2018: Revenue of $500K, expenses of $8K, and assets of $569K.
Data Sources and Methodology
This transparency report for Horseshoe Bay Farms 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.