Mountaineer Park Horsemans Benevolent And Protection Associat
EIN: 550722332 · Newell, WV
| Metric | Value |
|---|---|
| Total Revenue | $234K |
| Total Expenses | $232K |
| Net Assets | $83K |
Is Mountaineer Park Horsemans Benevolent And Protection Associat Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mountaineer Park Horsemans Benevolent And Protection Associat
Mountaineer Park Horsemans Benevolent And Protection Associat (EIN: 550722332) is a nonprofit organization based in Newell, WV. The organization reported total revenue of $234K and total assets of $130K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountaineer Park Horsemans Benevolent And Protection Associat's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mountaineer Park Horsemans Benevolent And Protection Associat is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $232K |
| Surplus / Deficit | +$8K |
| Total Assets | $112K |
| Total Liabilities | $30K |
| Net Assets | $83K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 26.3% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Mountaineer Park Horsemans Benevolent And Protection Associat reported a surplus of $8K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 26.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Mountaineer Park Horsemans Benevolent And Protection Associat's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.4% | +5.7% | +6.9% |
| 2022 | +30.7% | +34.6% | +50.6% |
| 2021 | +24.9% | +14.4% | +76.6% |
| 2020 | -20.3% | -17.9% | -11.8% |
| 2019 | +26.0% | +3.6% | +52.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mountaineer Park Horsemans Benevolent And Protection Associat 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 Mountaineer Park Horsemans Benevolent And Protection Associat 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.3%.
Frequently Asked Questions about Mountaineer Park Horsemans Benevolent And Protection Associat
Is Mountaineer Park Horsemans Benevolent And Protection Associat a legitimate charity?
Mountaineer Park Horsemans Benevolent And Protection Associat (EIN: 550722332) is a registered tax-exempt nonprofit based in West Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $234K. No red flags identified. Financial health grade: A.
How does Mountaineer Park Horsemans Benevolent And Protection Associat spend its money?
Mountaineer Park Horsemans Benevolent And Protection Associat reported $234K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mountaineer Park Horsemans Benevolent And Protection Associat tax-deductible?
Mountaineer Park Horsemans Benevolent And Protection Associat is registered as a tax-exempt nonprofit (EIN: 550722332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mountaineer Park Horsemans Benevolent And Protection Associat located?
Mountaineer Park Horsemans Benevolent And Protection Associat is headquartered in Newell, West Virginia and files with the IRS under EIN 550722332.
How many years of IRS 990 filings does Mountaineer Park Horsemans Benevolent And Protection Associat have?
Mountaineer Park Horsemans Benevolent And Protection Associat has 14 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 $234K in total revenue.
Filing History
IRS 990 filing history for Mountaineer Park Horsemans Benevolent And Protection Associat showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Mountaineer Park Horsemans Benevolent And Protection Associat's revenue has grown by 38.9%, moving from $173K to $240K. Total assets decreased by 78.1% over the same period, from $513K to $112K. Total functional expenses fell by 15.7%, from $276K to $232K. In its most recent filing year (2023), Mountaineer Park Horsemans Benevolent And Protection Associat reported a surplus of $8K, with revenue exceeding expenses. The organization holds $30K in liabilities against $112K in assets (debt-to-asset ratio: 26.3%), resulting in net assets of $83K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $232K | $112K | $30K | — | — |
| 2022 | $244K | $220K | $105K | $30K | — | View 990 |
| 2021 | $186K | $163K | $70K | $5K | — | View 990 |
| 2020 | $149K | $143K | $40K | $5K | — | — |
| 2019 | $187K | $174K | $45K | $9K | — | View 990 |
| 2018 | $148K | $168K | $29K | $9K | — | View 990 |
| 2017 | $162K | $244K | $49K | $9K | — | View 990 |
| 2016 | $191K | $216K | $134K | $12K | — | View 990 |
| 2015 | $98K | $206K | $157K | $9K | — | View 990 |
| 2014 | $142K | $233K | $258K | $3K | — | View 990 |
| 2013 | $159K | $215K | $345K | $3K | — | View 990 |
| 2012 | $151K | $189K | $400K | $1K | — | View 990 |
| 2011 | $150K | $218K | $445K | $5K | — | View 990 |
| 2010 | $173K | $276K | $513K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $232K, and assets of $112K (revenue -1.4% year-over-year).
- 2022: Revenue of $244K, expenses of $220K, and assets of $105K (revenue +30.7% year-over-year).
- 2021: Revenue of $186K, expenses of $163K, and assets of $70K (revenue +24.9% year-over-year).
- 2020: Revenue of $149K, expenses of $143K, and assets of $40K (revenue -20.3% year-over-year).
- 2019: Revenue of $187K, expenses of $174K, and assets of $45K (revenue +26.0% year-over-year).
- 2018: Revenue of $148K, expenses of $168K, and assets of $29K (revenue -8.2% year-over-year).
- 2017: Revenue of $162K, expenses of $244K, and assets of $49K (revenue -15.5% year-over-year).
- 2016: Revenue of $191K, expenses of $216K, and assets of $134K (revenue +95.6% year-over-year).
- 2015: Revenue of $98K, expenses of $206K, and assets of $157K (revenue -30.9% year-over-year).
- 2014: Revenue of $142K, expenses of $233K, and assets of $258K (revenue -11.2% year-over-year).
- 2013: Revenue of $159K, expenses of $215K, and assets of $345K (revenue +5.3% year-over-year).
- 2012: Revenue of $151K, expenses of $189K, and assets of $400K (revenue +0.8% year-over-year).
- 2011: Revenue of $150K, expenses of $218K, and assets of $445K (revenue -13.1% year-over-year).
- 2010: Revenue of $173K, expenses of $276K, and assets of $513K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mountaineer Park Horsemans Benevolent And Protection Associat:
Data Sources and Methodology
This transparency report for Mountaineer Park Horsemans Benevolent And Protection Associat 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.