Lee Mar Ranch Equine Center Inc
EIN: 270601424 · Granite Falls, MN · NTEE: N69
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $237K |
| Net Assets | $192K |
Is Lee Mar Ranch Equine Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lee Mar Ranch Equine Center Inc
Lee Mar Ranch Equine Center Inc (EIN: 270601424) is a nonprofit organization based in Granite Falls, MN, classified under NTEE code N69. The organization reported total revenue of $217K and total assets of $206K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lee Mar Ranch Equine Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lee Mar Ranch Equine Center Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $252K |
| Total Expenses | $237K |
| Surplus / Deficit | +$15K |
| Total Assets | $216K |
| Total Liabilities | $24K |
| Net Assets | $192K |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2023, Lee Mar Ranch Equine Center Inc reported a surplus of $15K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lee Mar Ranch Equine Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.9% | +15.4% | +11.3% |
| 2022 | +21.6% | +39.1% | -6.2% |
| 2021 | +23.3% | +41.1% | +5.6% |
| 2020 | +49.5% | +1.6% | +30.7% |
| 2019 | +7.1% | +39.3% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lee Mar Ranch Equine Center 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 Lee Mar Ranch Equine Center 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 surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Frequently Asked Questions about Lee Mar Ranch Equine Center Inc
Is Lee Mar Ranch Equine Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lee Mar Ranch Equine Center Inc (EIN: 270601424) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lee Mar Ranch Equine Center Inc spend its money?
Detailed spending breakdown data is not yet available for Lee Mar Ranch Equine Center Inc. Check back for updated IRS 990 analysis.
Are donations to Lee Mar Ranch Equine Center Inc tax-deductible?
Lee Mar Ranch Equine Center Inc is registered as a tax-exempt nonprofit (EIN: 270601424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lee Mar Ranch Equine Center Inc located?
Lee Mar Ranch Equine Center Inc is headquartered in Granite Falls, Minnesota and files with the IRS under EIN 270601424. It is classified under NTEE code N69.
How many years of IRS 990 filings does Lee Mar Ranch Equine Center Inc have?
Lee Mar Ranch Equine Center 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 $217K in total revenue.
Filing History
IRS 990 filing history for Lee Mar Ranch Equine Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lee Mar Ranch Equine Center Inc's revenue has grown by 260.7%, moving from $70K to $252K. Total assets increased by 135.6% over the same period, from $92K to $216K. Total functional expenses rose by 497.6%, from $40K to $237K. In its most recent filing year (2023), Lee Mar Ranch Equine Center Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $24K in liabilities against $216K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $192K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $252K | $237K | $216K | $24K | — | — |
| 2022 | $203K | $205K | $194K | $17K | — | View 990 |
| 2021 | $167K | $148K | $207K | $27K | — | View 990 |
| 2020 | $136K | $105K | $196K | $36K | — | — |
| 2019 | $91K | $103K | $150K | $21K | — | View 990 |
| 2018 | $85K | $74K | $155K | $14K | — | View 990 |
| 2017 | $76K | $77K | $145K | $14K | — | View 990 |
| 2016 | $86K | $69K | $139K | $8K | — | View 990 |
| 2015 | $76K | $65K | $140K | $26K | — | View 990 |
| 2014 | $67K | $51K | $138K | $35K | — | View 990 |
| 2013 | $77K | $77K | $131K | $44K | — | View 990 |
| 2012 | $58K | $45K | $104K | $16K | — | View 990 |
| 2011 | $70K | $40K | $92K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $252K, expenses of $237K, and assets of $216K (revenue +23.9% year-over-year).
- 2022: Revenue of $203K, expenses of $205K, and assets of $194K (revenue +21.6% year-over-year).
- 2021: Revenue of $167K, expenses of $148K, and assets of $207K (revenue +23.3% year-over-year).
- 2020: Revenue of $136K, expenses of $105K, and assets of $196K (revenue +49.5% year-over-year).
- 2019: Revenue of $91K, expenses of $103K, and assets of $150K (revenue +7.1% year-over-year).
- 2018: Revenue of $85K, expenses of $74K, and assets of $155K (revenue +11.1% year-over-year).
- 2017: Revenue of $76K, expenses of $77K, and assets of $145K (revenue -11.5% year-over-year).
- 2016: Revenue of $86K, expenses of $69K, and assets of $139K (revenue +12.7% year-over-year).
- 2015: Revenue of $76K, expenses of $65K, and assets of $140K (revenue +14.6% year-over-year).
- 2014: Revenue of $67K, expenses of $51K, and assets of $138K (revenue -13.6% year-over-year).
- 2013: Revenue of $77K, expenses of $77K, and assets of $131K (revenue +33.0% year-over-year).
- 2012: Revenue of $58K, expenses of $45K, and assets of $104K (revenue -17.0% year-over-year).
- 2011: Revenue of $70K, expenses of $40K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lee Mar Ranch Equine Center Inc:
Data Sources and Methodology
This transparency report for Lee Mar Ranch Equine Center 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.