Lazy B Equine Rescue Of Utah
EIN: 822355239 · Clinton, UT · NTEE: D20
Is Lazy B Equine Rescue Of Utah Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lazy B Equine Rescue Of Utah
Lazy B Equine Rescue Of Utah (EIN: 822355239) is a nonprofit organization based in Clinton, UT, classified under NTEE code D20. The organization reported total revenue of $161K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lazy B Equine Rescue Of Utah's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lazy B Equine Rescue Of Utah is a small nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 27.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $227K |
| Total Expenses | $221K |
| Surplus / Deficit | +$6K |
| Total Assets | $54K |
| Total Liabilities | $1K |
| Net Assets | $53K |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2023, Lazy B Equine Rescue Of Utah reported a surplus of $6K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Lazy B Equine Rescue Of Utah's revenue has grown at a compound annual growth rate (CAGR) of 27.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | -2.7% | +8.7% |
| 2022 | -14.6% | -8.8% | -7.7% |
| 2021 | +141.6% | +180.1% | +64.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1400 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lazy B Equine Rescue Of Utah 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 Lazy B Equine Rescue Of Utah 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Lazy B Equine Rescue Of Utah
Is Lazy B Equine Rescue Of Utah a legitimate charity?
Based on AI analysis of IRS 990 filings, Lazy B Equine Rescue Of Utah (EIN: 822355239) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lazy B Equine Rescue Of Utah spend its money?
Detailed spending breakdown data is not yet available for Lazy B Equine Rescue Of Utah. Check back for updated IRS 990 analysis.
Are donations to Lazy B Equine Rescue Of Utah tax-deductible?
Lazy B Equine Rescue Of Utah is registered as a tax-exempt nonprofit (EIN: 822355239). 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 Lazy B Equine Rescue Of Utah showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Lazy B Equine Rescue Of Utah's revenue has grown by 106.9%, moving from $110K to $227K. Total assets increased by 65.3% over the same period, from $33K to $54K. Total functional expenses rose by 148.4%, from $89K to $221K. In its most recent filing year (2023), Lazy B Equine Rescue Of Utah reported a surplus of $6K, with revenue exceeding expenses. The organization holds $1K in liabilities against $54K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $227K | $221K | $54K | $1K | — | — |
| 2022 | $226K | $227K | $50K | $3K | — | — |
| 2021 | $265K | $249K | $54K | $6K | — | — |
| 2020 | $110K | $89K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $227K, expenses of $221K, and assets of $54K (revenue +0.2% year-over-year).
- 2022: Revenue of $226K, expenses of $227K, and assets of $50K (revenue -14.6% year-over-year).
- 2021: Revenue of $265K, expenses of $249K, and assets of $54K (revenue +141.6% year-over-year).
- 2020: Revenue of $110K, expenses of $89K, and assets of $33K.
Data Sources and Methodology
This transparency report for Lazy B Equine Rescue Of Utah 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.