Iowa Pinto Horse Club
Iowa Pinto Horse Club consistently operates with revenues matching expenses and zero liabilities.
EIN: 202466153 · Prole, IA · NTEE: D99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $199K |
| Program Spending | 90% |
| Net Assets | $36K |
| Transparency Score | 90/100 |
Is Iowa Pinto Horse Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iowa Pinto Horse Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iowa Pinto Horse Club
Iowa Pinto Horse Club (EIN: 202466153) is a nonprofit organization based in Prole, IA, classified under NTEE code D99. The organization reported total revenue of $236K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Pinto Horse Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Pinto Horse Club is a small nonprofit that has been operating for 17 years, with 8 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $199K |
| Surplus / Deficit | +$823 |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | 0.4% |
| Months of Reserves | 2.2 months |
Financial Health Grade: A
In 2023, Iowa Pinto Horse Club reported a surplus of $823 with revenue exceeding expenses, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2009–2023), Iowa Pinto Horse Club's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | +21.1% | +2.3% |
| 2022 | +1.2% | +7.9% | +-0.0% |
| 2021 | +54.4% | +37.8% | +39.1% |
| 2020 | -1.5% | +4.3% | -17.2% |
| 2019 | +16.2% | +25.5% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iowa Pinto Horse Club with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Iowa Pinto Horse Club allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $823, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization where officers are not compensated, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for Iowa Pinto Horse Club:
- Consistent financial stability with revenues closely matching expenses (e.g., 2023: $199,391 revenue vs. $198,568 expenses).
- Zero reported liabilities across all filings, indicating strong financial health and no debt.
- No officer compensation reported, suggesting a highly volunteer-driven and efficient operational model.
- Significant revenue growth over the long term, from $28,377 in 2009 to $199,391 in 2023.
- Consistent filing of IRS Form 990s, demonstrating good transparency and accountability.
Frequently Asked Questions about Iowa Pinto Horse Club
Is Iowa Pinto Horse Club a legitimate charity?
Iowa Pinto Horse Club (EIN: 202466153) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 90/100. It has 8 years of IRS 990 filings on record. Total revenue: $236K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Iowa Pinto Horse Club spend its money?
Iowa Pinto Horse Club directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Iowa Pinto Horse Club tax-deductible?
Iowa Pinto Horse Club is registered as a tax-exempt nonprofit (EIN: 202466153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Iowa Pinto Horse Club compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Iowa Pinto Horse Club is above average for NTEE category D99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iowa Pinto Horse Club located?
Iowa Pinto Horse Club is headquartered in Prole, Iowa and files with the IRS under EIN 202466153. It is classified under NTEE code D99.
How many years of IRS 990 filings does Iowa Pinto Horse Club have?
Iowa Pinto Horse Club 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 $236K in total revenue.
How does the Iowa Pinto Horse Club fund its operations?
The club primarily funds its operations through revenue generation that closely matches its expenses, as seen in 2023 with $199,391 in revenue and $198,568 in expenses, suggesting event fees, memberships, or donations are directly applied to activities.
What is the trend in the organization's financial growth?
The organization has shown significant revenue growth over time, increasing from $28,377 in 2009 to $199,391 in 2023, indicating expanding activities and financial capacity.
Does the Iowa Pinto Horse Club carry any debt?
No, the Iowa Pinto Horse Club consistently reports $0 in liabilities across all available filings, indicating a debt-free operation.
Filing History
IRS 990 filing history for Iowa Pinto Horse Club showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2009–2023), Iowa Pinto Horse Club's revenue has grown by 602.7%, moving from $28K to $199K. Total assets increased by 458.6% over the same period, from $7K to $36K. Total functional expenses rose by 546.7%, from $31K to $199K. In its most recent filing year (2023), Iowa Pinto Horse Club reported a surplus of $823, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $199K | $36K | $0 | — | — |
| 2022 | $164K | $164K | $36K | $0 | — | View 990 |
| 2021 | $162K | $152K | $36K | $0 | — | View 990 |
| 2020 | $105K | $110K | $26K | $0 | — | — |
| 2019 | $106K | $106K | $31K | $0 | — | View 990 |
| 2018 | $92K | $84K | $30K | $0 | — | View 990 |
| 2017 | $82K | $72K | $23K | $0 | — | View 990 |
| 2009 | $28K | $31K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $199K, and assets of $36K (revenue +21.6% year-over-year).
- 2022: Revenue of $164K, expenses of $164K, and assets of $36K (revenue +1.2% year-over-year).
- 2021: Revenue of $162K, expenses of $152K, and assets of $36K (revenue +54.4% year-over-year).
- 2020: Revenue of $105K, expenses of $110K, and assets of $26K (revenue -1.5% year-over-year).
- 2019: Revenue of $106K, expenses of $106K, and assets of $31K (revenue +16.2% year-over-year).
- 2018: Revenue of $92K, expenses of $84K, and assets of $30K (revenue +12.1% year-over-year).
- 2017: Revenue of $82K, expenses of $72K, and assets of $23K (revenue +188.1% year-over-year).
- 2009: Revenue of $28K, expenses of $31K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Pinto Horse Club:
Data Sources and Methodology
This transparency report for Iowa Pinto Horse Club 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.