Northeast Reining Horse Association
Northeast Reining Horse Association frequently operates at a deficit, drawing down assets, but maintains zero liabilities and volunteer leadership.
EIN: 20492667 · W Chesterfld, NH · NTEE: N69 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $179K |
| Program Spending | 85% |
| Net Assets | $14K |
| Transparency Score | 75/100 |
Is Northeast Reining Horse Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northeast Reining Horse Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northeast Reining Horse Association
Northeast Reining Horse Association (EIN: 20492667) is a nonprofit organization based in W Chesterfld, NH, classified under NTEE code N69. The organization reported total revenue of $164K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Reining Horse Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Reining Horse Association is a small nonprofit that has been operating for 26 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $179K |
| Surplus / Deficit | $-14,518 |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | -8.9% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2016, Northeast Reining Horse Association reported a deficit of $15K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2016), Northeast Reining Horse Association's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -9.5% | -6.2% | -46.4% |
| 2015 | +5.1% | +15.9% | -25.8% |
| 2014 | +4.0% | +6.1% | +29.8% |
| 2013 | -10.0% | -22.9% | +67.0% |
| 2012 | -19.8% | -19.6% | -50.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Northeast Reining Horse Association with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Northeast Reining Horse Association 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a small organization of this revenue size.
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 Northeast Reining Horse Association's IRS 990 filings:
- Frequent operating deficits (4 out of 6 years)
- Declining asset base from $35,338 in 2014 to $14,061 in 2016
Strengths
The following positive indicators were identified for Northeast Reining Horse Association:
- Zero liabilities reported across all filings, indicating strong solvency
- 0% officer compensation, demonstrating volunteer-driven leadership and low administrative overhead
- Consistent filing of IRS Form 990s, indicating good transparency
- Stable revenue stream generally between $160,000 and $200,000
Frequently Asked Questions about Northeast Reining Horse Association
Is Northeast Reining Horse Association a legitimate charity?
Northeast Reining Horse Association (EIN: 20492667) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 6 years of IRS 990 filings on record. Total revenue: $164K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Northeast Reining Horse Association spend its money?
Northeast Reining Horse Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Northeast Reining Horse Association tax-deductible?
Northeast Reining Horse Association is registered as a tax-exempt nonprofit (EIN: 20492667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northeast Reining Horse Association's spending goes to programs?
Northeast Reining Horse Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northeast Reining Horse Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Northeast Reining Horse Association is above average for NTEE category N69 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northeast Reining Horse Association located?
Northeast Reining Horse Association is headquartered in W Chesterfld, New Hampshire and files with the IRS under EIN 20492667. It is classified under NTEE code N69.
How many years of IRS 990 filings does Northeast Reining Horse Association have?
Northeast Reining Horse Association has 6 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 $164K in total revenue.
Is Northeast Reining Horse Association financially sustainable given its frequent operating deficits?
The organization has operated at a deficit in four of the last six years, including the most recent period (2016) where expenses exceeded revenue by $14,518. While it has no liabilities, this trend suggests it is drawing down on its assets, which decreased from $35,338 in 2014 to $14,061 in 2016. Long-term sustainability depends on reversing this trend or having a clear strategy for asset utilization.
How does the lack of officer compensation impact the organization's efficiency?
The absence of officer compensation (0% reported) is a significant positive indicator of efficiency, as it means the organization is not spending donor funds on executive salaries. This suggests a highly dedicated, volunteer-driven leadership, which typically translates to lower administrative overhead.
What is the trend in the organization's assets?
The organization's assets have fluctuated, peaking at $35,338 in 2014 and then declining to $14,061 by 2016. This decline coincides with periods of operating deficits, indicating that the organization is using its reserves to cover expenses.
Filing History
IRS 990 filing history for Northeast Reining Horse Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Northeast Reining Horse Association's revenue has declined by 28.6%, moving from $230K to $164K. Total assets decreased by 57.3% over the same period, from $33K to $14K. Total functional expenses fell by 28.5%, from $250K to $179K. In its most recent filing year (2016), Northeast Reining Horse Association reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $164K | $179K | $14K | $0 | — | — |
| 2015 | $181K | $190K | $26K | $0 | — | View 990 |
| 2014 | $172K | $164K | $35K | $0 | — | View 990 |
| 2013 | $166K | $155K | $27K | $0 | — | View 990 |
| 2012 | $184K | $201K | $16K | $0 | — | View 990 |
| 2011 | $230K | $250K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $164K, expenses of $179K, and assets of $14K (revenue -9.5% year-over-year).
- 2015: Revenue of $181K, expenses of $190K, and assets of $26K (revenue +5.1% year-over-year).
- 2014: Revenue of $172K, expenses of $164K, and assets of $35K (revenue +4.0% year-over-year).
- 2013: Revenue of $166K, expenses of $155K, and assets of $27K (revenue -10.0% year-over-year).
- 2012: Revenue of $184K, expenses of $201K, and assets of $16K (revenue -19.8% year-over-year).
- 2011: Revenue of $230K, expenses of $250K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Reining Horse Association:
Data Sources and Methodology
This transparency report for Northeast Reining Horse Association 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.