Mended Hearts Stable
EIN: 421532252 · Metamora, IL · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $664K |
| Total Expenses | $623K |
| Net Assets | $198K |
Is Mended Hearts Stable Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mended Hearts Stable
Mended Hearts Stable (EIN: 421532252) is a nonprofit organization based in Metamora, IL, classified under NTEE code P80. The organization reported total revenue of $664K and total assets of $319K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mended Hearts Stable's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mended Hearts Stable is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $654K |
| Total Expenses | $623K |
| Surplus / Deficit | +$31K |
| Total Assets | $374K |
| Total Liabilities | $176K |
| Net Assets | $198K |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 47.0% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Mended Hearts Stable reported a surplus of $31K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 47.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mended Hearts Stable's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.1% | +33.8% | -7.1% |
| 2022 | +24.7% | +24.7% | +57.3% |
| 2021 | +74.8% | +50.4% | +12.5% |
| 2020 | +14.4% | +27.1% | +63.9% |
| 2019 | -4.0% | +15.6% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mended Hearts Stable 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 Mended Hearts Stable 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 $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.0%.
Frequently Asked Questions about Mended Hearts Stable
Is Mended Hearts Stable a legitimate charity?
Based on AI analysis of IRS 990 filings, Mended Hearts Stable (EIN: 421532252) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mended Hearts Stable spend its money?
Detailed spending breakdown data is not yet available for Mended Hearts Stable. Check back for updated IRS 990 analysis.
Are donations to Mended Hearts Stable tax-deductible?
Mended Hearts Stable is registered as a tax-exempt nonprofit (EIN: 421532252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mended Hearts Stable located?
Mended Hearts Stable is headquartered in Metamora, Illinois and files with the IRS under EIN 421532252. It is classified under NTEE code P80.
How many years of IRS 990 filings does Mended Hearts Stable have?
Mended Hearts Stable 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 $664K in total revenue.
Filing History
IRS 990 filing history for Mended Hearts Stable showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mended Hearts Stable's revenue has grown by 849.9%, moving from $69K to $654K. Total assets increased by 412.8% over the same period, from $73K to $374K. Total functional expenses rose by 891.4%, from $63K to $623K. In its most recent filing year (2023), Mended Hearts Stable reported a surplus of $31K, with revenue exceeding expenses. The organization holds $176K in liabilities against $374K in assets (debt-to-asset ratio: 47.0%), resulting in net assets of $198K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $654K | $623K | $374K | $176K | — | — |
| 2022 | $519K | $466K | $402K | $231K | — | View 990 |
| 2021 | $416K | $374K | $256K | $138K | — | View 990 |
| 2020 | $238K | $249K | $227K | $152K | — | View 990 |
| 2019 | $208K | $195K | $139K | $53K | — | View 990 |
| 2018 | $217K | $169K | $126K | $53K | — | View 990 |
| 2017 | $158K | $156K | $119K | $94K | — | View 990 |
| 2016 | $194K | $149K | $114K | $77K | — | View 990 |
| 2015 | $143K | $137K | $68K | $76K | — | View 990 |
| 2014 | $118K | $132K | $77K | $92K | — | View 990 |
| 2013 | $103K | $107K | $70K | $70K | — | View 990 |
| 2012 | $78K | $80K | $73K | $69K | — | View 990 |
| 2011 | $69K | $63K | $73K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $654K, expenses of $623K, and assets of $374K (revenue +26.1% year-over-year).
- 2022: Revenue of $519K, expenses of $466K, and assets of $402K (revenue +24.7% year-over-year).
- 2021: Revenue of $416K, expenses of $374K, and assets of $256K (revenue +74.8% year-over-year).
- 2020: Revenue of $238K, expenses of $249K, and assets of $227K (revenue +14.4% year-over-year).
- 2019: Revenue of $208K, expenses of $195K, and assets of $139K (revenue -4.0% year-over-year).
- 2018: Revenue of $217K, expenses of $169K, and assets of $126K (revenue +37.5% year-over-year).
- 2017: Revenue of $158K, expenses of $156K, and assets of $119K (revenue -18.8% year-over-year).
- 2016: Revenue of $194K, expenses of $149K, and assets of $114K (revenue +35.4% year-over-year).
- 2015: Revenue of $143K, expenses of $137K, and assets of $68K (revenue +21.7% year-over-year).
- 2014: Revenue of $118K, expenses of $132K, and assets of $77K (revenue +14.7% year-over-year).
- 2013: Revenue of $103K, expenses of $107K, and assets of $70K (revenue +31.7% year-over-year).
- 2012: Revenue of $78K, expenses of $80K, and assets of $73K (revenue +13.3% year-over-year).
- 2011: Revenue of $69K, expenses of $63K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mended Hearts Stable:
Data Sources and Methodology
This transparency report for Mended Hearts Stable 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.