League Of Agricultural Equine Centers Inc
League Of Agricultural Equine Centers Inc consistently operates with no liabilities and zero officer compensation.
EIN: 10742836 · Aiken, SC · NTEE: S41 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $152K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $111K |
| Transparency Score | 90/100 |
Is League Of Agricultural Equine Centers Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
League Of Agricultural Equine Centers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About League Of Agricultural Equine Centers Inc
League Of Agricultural Equine Centers Inc (EIN: 10742836) is a nonprofit organization based in Aiken, SC, classified under NTEE code S41. The organization reported total revenue of $118K and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of League Of Agricultural Equine Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
League Of Agricultural Equine Centers Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $152K |
| Surplus / Deficit | +$31K |
| Total Assets | $111K |
| Net Assets | $111K |
| Operating Margin | 16.8% |
| Months of Reserves | 8.8 months |
Financial Health Grade: A
In 2023, League Of Agricultural Equine Centers Inc reported a surplus of $31K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), League Of Agricultural Equine Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +180.7% | +44.5% | +38.2% |
| 2022 | -36.3% | +38.2% | -33.3% |
| 2021 | +46.6% | -14.1% | +27.5% |
| 2020 | -46.8% | -9.4% | -16.7% |
| 2019 | +40.4% | -7.0% | +41.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 League Of Agricultural Equine Centers Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, League Of Agricultural Equine Centers 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a small organization with revenues fluctuating around $100,000.
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 League Of Agricultural Equine Centers Inc:
- Zero reported liabilities across all 13 filings, indicating excellent financial stability.
- 0% officer compensation reported, suggesting efficient use of funds and volunteer leadership.
- Consistent positive asset base relative to revenue, demonstrating sound financial management.
- Regular and consistent IRS 990 filing history, indicating strong transparency and compliance.
- Positive net income in most recent years (e.g., $30,687 in 2023), showing financial health.
Frequently Asked Questions about League Of Agricultural Equine Centers Inc
Is League Of Agricultural Equine Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, League Of Agricultural Equine Centers Inc (EIN: 10742836) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does League Of Agricultural Equine Centers Inc spend its money?
League Of Agricultural Equine Centers Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to League Of Agricultural Equine Centers Inc tax-deductible?
League Of Agricultural Equine Centers Inc is registered as a tax-exempt nonprofit (EIN: 10742836). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the League Of Agricultural Equine Centers Inc CEO make?
League Of Agricultural Equine Centers Inc's highest-compensated officer earns $100,000. annually. The organization reported $118K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of League Of Agricultural Equine Centers Inc's spending goes to programs?
League Of Agricultural Equine Centers Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does League Of Agricultural Equine Centers Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), League Of Agricultural Equine Centers Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is League Of Agricultural Equine Centers Inc located?
League Of Agricultural Equine Centers Inc is headquartered in Aiken, South Carolina and files with the IRS under EIN 10742836. It is classified under NTEE code S41.
How many years of IRS 990 filings does League Of Agricultural Equine Centers Inc have?
League Of Agricultural Equine Centers Inc has 13 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 $118K in total revenue.
Is League Of Agricultural Equine Centers Inc a good charity?
Based on the available financial data, the League Of Agricultural Equine Centers Inc appears to be a well-managed and financially responsible charity. They consistently report no liabilities and zero officer compensation, indicating efficient use of funds and strong financial health.
How does the organization manage its finances given fluctuating revenues?
Despite fluctuating annual revenues (e.g., $65,125 in 2022 vs. $182,780 in 2023), the organization consistently maintains a positive asset base and zero liabilities, suggesting effective financial planning and expense control to navigate revenue variations.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is a strong indicator that leadership is either volunteer or compensated through non-officer roles, allowing more funds to be directed towards the mission.
Filing History
IRS 990 filing history for League Of Agricultural Equine Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), League Of Agricultural Equine Centers Inc's revenue has grown by 128.3%, moving from $80K to $183K. Total assets increased by 145.4% over the same period, from $45K to $111K. Total functional expenses rose by 102.1%, from $75K to $152K. In its most recent filing year (2023), League Of Agricultural Equine Centers Inc reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $183K | $152K | $111K | $0 | — | View 990 |
| 2022 | $65K | $105K | $80K | $0 | — | View 990 |
| 2021 | $102K | $76K | $120K | $0 | — | View 990 |
| 2020 | $70K | $89K | $94K | $0 | — | View 990 |
| 2019 | $131K | $98K | $113K | $0 | — | View 990 |
| 2018 | $93K | $105K | $80K | $0 | — | View 990 |
| 2017 | $124K | $105K | $92K | $0 | — | View 990 |
| 2016 | $95K | $79K | $73K | $0 | — | View 990 |
| 2015 | $82K | $84K | $58K | $0 | — | View 990 |
| 2014 | $93K | $78K | $59K | $0 | — | View 990 |
| 2013 | $66K | $61K | $44K | $0 | — | View 990 |
| 2012 | $64K | $72K | $38K | $0 | — | View 990 |
| 2011 | $80K | $75K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $183K, expenses of $152K, and assets of $111K (revenue +180.7% year-over-year).
- 2022: Revenue of $65K, expenses of $105K, and assets of $80K (revenue -36.3% year-over-year).
- 2021: Revenue of $102K, expenses of $76K, and assets of $120K (revenue +46.6% year-over-year).
- 2020: Revenue of $70K, expenses of $89K, and assets of $94K (revenue -46.8% year-over-year).
- 2019: Revenue of $131K, expenses of $98K, and assets of $113K (revenue +40.4% year-over-year).
- 2018: Revenue of $93K, expenses of $105K, and assets of $80K (revenue -24.5% year-over-year).
- 2017: Revenue of $124K, expenses of $105K, and assets of $92K (revenue +30.7% year-over-year).
- 2016: Revenue of $95K, expenses of $79K, and assets of $73K (revenue +14.7% year-over-year).
- 2015: Revenue of $82K, expenses of $84K, and assets of $58K (revenue -11.8% year-over-year).
- 2014: Revenue of $93K, expenses of $78K, and assets of $59K (revenue +40.9% year-over-year).
- 2013: Revenue of $66K, expenses of $61K, and assets of $44K (revenue +3.6% year-over-year).
- 2012: Revenue of $64K, expenses of $72K, and assets of $38K (revenue -20.0% year-over-year).
- 2011: Revenue of $80K, expenses of $75K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for League Of Agricultural Equine Centers Inc:
Data Sources and Methodology
This transparency report for League Of Agricultural Equine Centers 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.