Interscholastic Equestrian Association Inc
Interscholastic Equestrian Association consistently grows revenue and assets with no reported officer compensation.
EIN: 205381112 · Chagrin Falls, OH · NTEE: N69 · Updated: 2026-03-28
Is Interscholastic Equestrian Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Interscholastic Equestrian Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Interscholastic Equestrian Association Inc
Interscholastic Equestrian Association Inc (EIN: 205381112) is a nonprofit organization based in Chagrin Falls, OH, classified under NTEE code N69. The organization reported total revenue of $3.8M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Interscholastic Equestrian Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Interscholastic Equestrian Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Interscholastic Equestrian Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Interscholastic Equestrian Association Inc. consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $3 million. This suggests either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, warranting further scrutiny of the full 990 forms.
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 Interscholastic Equestrian Association Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or a fully volunteer executive team.
- Lack of detailed program, administrative, and fundraising expense breakdown in summary data, requiring full 990 review for complete transparency.
Strengths
The following positive indicators were identified for Interscholastic Equestrian Association Inc:
- Consistent revenue growth over the past decade, from $1.1M in 2014 to $3.4M in 2023.
- Strong asset growth, increasing from $757,066 in 2014 to $2,129,941 in 2023.
- Consistent operational surpluses, with revenues generally exceeding expenses (e.g., $3,423,303 revenue vs. $3,340,500 expenses in 2023), indicating sound financial management.
- Low liabilities relative to assets, suggesting good financial health (e.g., $129,076 liabilities vs. $2,129,941 assets in 2023).
- Consistent filing of IRS Form 990s, demonstrating a commitment to public transparency.
Frequently Asked Questions about Interscholastic Equestrian Association Inc
Is Interscholastic Equestrian Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Interscholastic Equestrian Association Inc (EIN: 205381112) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Interscholastic Equestrian Association Inc spend its money?
Interscholastic Equestrian Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Interscholastic Equestrian Association Inc tax-deductible?
Interscholastic Equestrian Association Inc is registered as a tax-exempt nonprofit (EIN: 205381112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does IEA manage to operate without reporting any officer compensation?
The IRS 990 data consistently shows 0% officer compensation. This could mean that the organization is run by volunteers, or that compensation for key executives is reported under different expense categories, which would require a deeper dive into the full 990 forms to understand.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided summary data does not offer a detailed breakdown, the consistent operational surpluses and asset growth suggest a healthy allocation of funds. A full IRS 990 would provide these specific percentages.
How does IEA's asset growth compare to its revenue growth?
IEA's assets have grown from $757,066 in 2014 to $2,129,941 in 2023, while revenue grew from $1,109,601 to $3,423,303 in the same period. Both show strong, consistent growth, indicating financial stability and effective management of resources.
Filing History
IRS 990 filing history for Interscholastic Equestrian Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Interscholastic Equestrian Association Inc's revenue has grown by 410%, moving from $671K to $3.4M. Total assets increased by 377.4% over the same period, from $446K to $2.1M. Total functional expenses rose by 621.9%, from $463K to $3.3M. In its most recent filing year (2023), Interscholastic Equestrian Association Inc reported a surplus of $83K, with revenue exceeding expenses. The organization holds $129K in liabilities against $2.1M in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.3M | $2.1M | $129K | — | View 990 |
| 2022 | $3.4M | $3.1M | $2.0M | $74K | — | View 990 |
| 2021 | $2.9M | $2.7M | $1.8M | $214K | — | View 990 |
| 2020 | $2.4M | $2.2M | $1.7M | $330K | — | View 990 |
| 2019 | $2.8M | $2.9M | $1.3M | $97K | — | View 990 |
| 2018 | $2.8M | $2.7M | $1.4M | $113K | — | View 990 |
| 2017 | $2.6M | $2.5M | $1.3M | $145K | — | View 990 |
| 2016 | $2.8M | $2.6M | $1.1M | $84K | — | View 990 |
| 2015 | $2.2M | $2.1M | $911K | $98K | — | View 990 |
| 2014 | $1.1M | $986K | $757K | $52K | — | View 990 |
| 2013 | $901K | $765K | $582K | $0 | — | View 990 |
| 2012 | $671K | $463K | $446K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.3M, and assets of $2.1M (revenue +1.1% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.1M, and assets of $2.0M (revenue +18.2% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.7M, and assets of $1.8M (revenue +19.4% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.2M, and assets of $1.7M (revenue -14.6% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.9M, and assets of $1.3M (revenue -1.0% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.7M, and assets of $1.4M (revenue +8.7% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.5M, and assets of $1.3M (revenue -6.2% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.6M, and assets of $1.1M (revenue +28.6% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.1M, and assets of $911K (revenue +95.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $986K, and assets of $757K (revenue +23.2% year-over-year).
- 2013: Revenue of $901K, expenses of $765K, and assets of $582K (revenue +34.2% year-over-year).
- 2012: Revenue of $671K, expenses of $463K, and assets of $446K.
Data Sources and Methodology
This transparency report for Interscholastic Equestrian Association 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.