Loving Thunder Therapeutic Riding Inc
Loving Thunder Therapeutic Riding Inc shows revenue growth but faces persistent financial instability with liabilities consistently exceeding assets.
EIN: 10927472 · Rio Rancho, NM · NTEE: E50 · Updated: 2026-03-27
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Loving Thunder Therapeutic Riding Inc is mapped to EIN 10927472.
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80% program spend, health grade D
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| Metric | Value |
|---|---|
| Total Revenue | $320K |
| Total Expenses | $362K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $-104,118 |
| Transparency Score | 65/100 |
Search Intent Cockpit
Loving Thunder Therapeutic Riding Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Loving Thunder Therapeutic Riding Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Loving Thunder Therapeutic Riding Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $299K and expenses of $362K.
Revenue and Expenses
Loving Thunder Therapeutic Riding Inc reported $299K in revenue and $362K in expenses, a deficit of $63K.
Executive Compensation
Top officer compensation appears as $300,000. in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Loving Thunder Therapeutic Riding Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $290K (80%) |
Across stored filings, Loving Thunder Therapeutic Riding Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade D | 13 stored filing years |
| Peer context | Compare with Stevan & Cynthia Pearce Charitable Foundation | New Mexico and Health context |
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Loving Thunder Therapeutic Riding Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Loving Thunder Therapeutic Riding Inc
Loving Thunder Therapeutic Riding Inc (EIN: 10927472) is a nonprofit organization based in Rio Rancho, NM, classified under NTEE code E50. The organization reported total revenue of $320K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loving Thunder Therapeutic Riding Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loving Thunder Therapeutic Riding Inc is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $299K |
| Total Expenses | $362K |
| Surplus / Deficit | $-63,153 |
| Total Assets | $50K |
| Total Liabilities | $154K |
| Net Assets | $-104,118 |
| Operating Margin | -21.1% |
| Debt-to-Asset Ratio | 309.9% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2023, Loving Thunder Therapeutic Riding Inc reported a deficit of $63K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 309.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Loving Thunder Therapeutic Riding Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +33.2% | -54.2% |
| 2022 | +196.4% | +64.9% | +28.5% |
| 2021 | -24.6% | +6.3% | +1.8% |
| 2020 | -21.8% | +4.3% | +100.0% |
| 2019 | +35.4% | +23.1% | +96.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Loving Thunder Therapeutic Riding Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Loving Thunder Therapeutic Riding Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 309.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported at 0% across all available filings, indicating that no officers or key employees are receiving salaries, which is highly commendable for an organization of its size with revenues exceeding $300,000.
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.
Red Flags
The following concerns were identified during AI analysis of Loving Thunder Therapeutic Riding Inc's IRS 990 filings:
- Consistent negative net assets, with liabilities significantly exceeding assets (e.g., 2023: Assets $49,603, Liabilities $153,721).
- Frequent operating deficits where expenses exceed revenue (e.g., 2023: Revenue $298,737, Expenses $361,890).
- Rapid increase in liabilities in recent years without a corresponding increase in assets to cover them.
Strengths
The following positive indicators were identified for Loving Thunder Therapeutic Riding Inc:
- Strong revenue growth over the past decade, indicating increasing community support.
- Zero officer compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
- Consistent IRS 990 filing history, indicating good compliance and transparency in reporting.
Frequently Asked Questions about Loving Thunder Therapeutic Riding Inc
Is Loving Thunder Therapeutic Riding Inc a legitimate charity?
Loving Thunder Therapeutic Riding Inc (EIN: 10927472) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $320K. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does Loving Thunder Therapeutic Riding Inc spend its money?
Loving Thunder Therapeutic Riding Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Loving Thunder Therapeutic Riding Inc tax-deductible?
Loving Thunder Therapeutic Riding Inc is registered as a tax-exempt nonprofit (EIN: 10927472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Loving Thunder Therapeutic Riding Inc CEO make?
Loving Thunder Therapeutic Riding Inc's highest-compensated officer earns $300,000. annually. The organization reported $320K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Loving Thunder Therapeutic Riding Inc's spending goes to programs?
Loving Thunder Therapeutic Riding Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Loving Thunder Therapeutic Riding Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Loving Thunder Therapeutic Riding Inc is above average for NTEE category E50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Loving Thunder Therapeutic Riding Inc located?
Loving Thunder Therapeutic Riding Inc is headquartered in Rio Rancho, New Mexico and files with the IRS under EIN 10927472. It is classified under NTEE code E50.
How many years of IRS 990 filings does Loving Thunder Therapeutic Riding Inc have?
Loving Thunder Therapeutic Riding 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 $320K in total revenue.
Is Loving Thunder Therapeutic Riding Inc a good charity?
Loving Thunder Therapeutic Riding Inc demonstrates a strong commitment to its mission by not paying officer compensation. However, its financial health is concerning, with liabilities consistently exceeding assets and expenses often surpassing revenue, which could impact long-term sustainability.
What is the organization's financial stability?
The organization's financial stability is weak. In 2023, assets were $49,603 while liabilities were $153,721, indicating negative net assets. This trend has been consistent, with liabilities generally higher than assets, suggesting potential solvency issues.
How has the organization's revenue changed over time?
Loving Thunder Therapeutic Riding Inc has experienced significant revenue growth, from $49,229 in 2014 to $298,737 in 2023, and $320,276 in the latest reported period. This indicates increasing support and operational scale.
Does the organization spend efficiently?
The organization shows efficiency in not paying officer compensation. However, the consistent reporting of expenses exceeding revenue in several recent periods (e.g., $361,890 expenses vs. $298,737 revenue in 2023) suggests operational inefficiencies or a reliance on drawing down reserves, which are already low.
Filing History
IRS 990 filing history for Loving Thunder Therapeutic Riding Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Loving Thunder Therapeutic Riding Inc's revenue has grown by 1189.7%, moving from $23K to $299K. Total assets increased by 1150.7% over the same period, from $4K to $50K. Total functional expenses rose by 1460.9%, from $23K to $362K. In its most recent filing year (2023), Loving Thunder Therapeutic Riding Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $154K in liabilities against $50K in assets (debt-to-asset ratio: 309.9%), resulting in net assets of $-104,118.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $299K | $362K | $50K | $154K | — | — |
| 2022 | $297K | $272K | $108K | $149K | — | — |
| 2021 | $100K | $165K | $84K | $151K | — | View 990 |
| 2020 | $133K | $155K | $83K | $85K | — | View 990 |
| 2019 | $170K | $149K | $41K | $21K | — | View 990 |
| 2018 | $126K | $121K | $21K | $23K | — | View 990 |
| 2017 | $121K | $116K | $15K | $22K | — | — |
| 2016 | $105K | $106K | $22K | $33K | — | View 990 |
| 2015 | $84K | $70K | $16K | $26K | — | View 990 |
| 2014 | $49K | $57K | $6K | $30K | — | View 990 |
| 2013 | $30K | $43K | $1K | $18K | — | View 990 |
| 2012 | $31K | $30K | $2K | $6K | — | View 990 |
| 2011 | $23K | $23K | $4K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $299K, expenses of $362K, and assets of $50K (revenue +0.5% year-over-year).
- 2022: Revenue of $297K, expenses of $272K, and assets of $108K (revenue +196.4% year-over-year).
- 2021: Revenue of $100K, expenses of $165K, and assets of $84K (revenue -24.6% year-over-year).
- 2020: Revenue of $133K, expenses of $155K, and assets of $83K (revenue -21.8% year-over-year).
- 2019: Revenue of $170K, expenses of $149K, and assets of $41K (revenue +35.4% year-over-year).
- 2018: Revenue of $126K, expenses of $121K, and assets of $21K (revenue +4.3% year-over-year).
- 2017: Revenue of $121K, expenses of $116K, and assets of $15K (revenue +14.7% year-over-year).
- 2016: Revenue of $105K, expenses of $106K, and assets of $22K (revenue +24.8% year-over-year).
- 2015: Revenue of $84K, expenses of $70K, and assets of $16K (revenue +71.0% year-over-year).
- 2014: Revenue of $49K, expenses of $57K, and assets of $6K (revenue +62.1% year-over-year).
- 2013: Revenue of $30K, expenses of $43K, and assets of $1K (revenue -0.7% year-over-year).
- 2012: Revenue of $31K, expenses of $30K, and assets of $2K (revenue +32.0% year-over-year).
- 2011: Revenue of $23K, expenses of $23K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loving Thunder Therapeutic Riding Inc:
Data Sources and Methodology
This transparency report for Loving Thunder Therapeutic Riding 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.