Idaho Horse Therapy Inc
EIN: 273702294 · Shoshone, ID · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $77K |
| Net Assets | $165K |
Is Idaho Horse Therapy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Idaho Horse Therapy Inc
Idaho Horse Therapy Inc (EIN: 273702294) is a nonprofit organization based in Shoshone, ID, classified under NTEE code B90. The organization reported total revenue of $18K and total assets of $161K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idaho Horse Therapy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idaho Horse Therapy Inc is a micro nonprofit that has been operating for 15 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $77K |
| Surplus / Deficit | $-28,633 |
| Total Assets | $169K |
| Total Liabilities | $4K |
| Net Assets | $165K |
| Operating Margin | -59.0% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 26.3 months |
Financial Health Grade: B
In 2023, Idaho Horse Therapy Inc reported a deficit of $29K with expenses exceeding revenue, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2023), Idaho Horse Therapy Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.3% | -36.2% | -18.9% |
| 2022 | -62.4% | -32.9% | +11.9% |
| 2021 | +344.2% | +65.3% | -65.4% |
| 2020 | -7.1% | +8.6% | +7.7% |
| 2019 | -6.5% | -3.3% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Idaho Horse Therapy 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 Idaho Horse Therapy 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 deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Idaho Horse Therapy Inc
Is Idaho Horse Therapy Inc a legitimate charity?
Idaho Horse Therapy Inc (EIN: 273702294) is a registered tax-exempt nonprofit based in Idaho. It has 8 years of IRS 990 filings on record. Total revenue: $18K. No red flags identified. Financial health grade: B.
How does Idaho Horse Therapy Inc spend its money?
Idaho Horse Therapy Inc reported $18K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Idaho Horse Therapy Inc tax-deductible?
Idaho Horse Therapy Inc is registered as a tax-exempt nonprofit (EIN: 273702294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Idaho Horse Therapy Inc located?
Idaho Horse Therapy Inc is headquartered in Shoshone, Idaho and files with the IRS under EIN 273702294. It is classified under NTEE code B90.
How many years of IRS 990 filings does Idaho Horse Therapy Inc have?
Idaho Horse Therapy 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 $18K in total revenue.
Filing History
IRS 990 filing history for Idaho Horse Therapy Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Idaho Horse Therapy Inc's revenue has grown by 399.6%, moving from $10K to $49K. Total assets increased by 66925.8% over the same period, from $252 to $169K. Total functional expenses rose by 706.8%, from $10K to $77K. In its most recent filing year (2023), Idaho Horse Therapy Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $4K in liabilities against $169K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $165K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $49K | $77K | $169K | $4K | — | — |
| 2022 | $136K | $121K | $208K | $15K | — | View 990 |
| 2021 | $362K | $180K | $186K | $8K | — | View 990 |
| 2020 | $81K | $109K | $538K | $541K | — | View 990 |
| 2019 | $88K | $100K | $499K | $475K | — | View 990 |
| 2018 | $94K | $104K | $522K | $485K | — | View 990 |
| 2017 | $118K | $77K | $47K | $0 | — | View 990 |
| 2011 | $10K | $10K | $252 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $49K, expenses of $77K, and assets of $169K (revenue -64.3% year-over-year).
- 2022: Revenue of $136K, expenses of $121K, and assets of $208K (revenue -62.4% year-over-year).
- 2021: Revenue of $362K, expenses of $180K, and assets of $186K (revenue +344.2% year-over-year).
- 2020: Revenue of $81K, expenses of $109K, and assets of $538K (revenue -7.1% year-over-year).
- 2019: Revenue of $88K, expenses of $100K, and assets of $499K (revenue -6.5% year-over-year).
- 2018: Revenue of $94K, expenses of $104K, and assets of $522K (revenue -20.5% year-over-year).
- 2017: Revenue of $118K, expenses of $77K, and assets of $47K (revenue +1113.9% year-over-year).
- 2011: Revenue of $10K, expenses of $10K, and assets of $252.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idaho Horse Therapy Inc:
Data Sources and Methodology
This transparency report for Idaho Horse Therapy 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.