Ocala International Horse Show Inc
EIN: 861231931 · Lutz, FL · NTEE: N70
Is Ocala International Horse Show Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ocala International Horse Show Inc
Ocala International Horse Show Inc (EIN: 861231931) is a nonprofit organization based in Lutz, FL, classified under NTEE code N70. The organization reported total revenue of $776K and total assets of $304K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ocala International Horse Show Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Ocala International Horse Show 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 Ocala International Horse Show 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.
Frequently Asked Questions about Ocala International Horse Show Inc
Is Ocala International Horse Show Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ocala International Horse Show Inc (EIN: 861231931) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ocala International Horse Show Inc spend its money?
Detailed spending breakdown data is not yet available for Ocala International Horse Show Inc. Check back for updated IRS 990 analysis.
Are donations to Ocala International Horse Show Inc tax-deductible?
Ocala International Horse Show Inc is registered as a tax-exempt nonprofit (EIN: 861231931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ocala International Horse Show Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Ocala International Horse Show Inc's revenue has grown by 37.7%, moving from $501K to $690K. Total assets increased by 241.6% over the same period, from $47K to $161K. Total functional expenses rose by 49.2%, from $454K to $677K. In its most recent filing year (2023), Ocala International Horse Show Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $690K | $677K | $161K | $0 | — | — |
| 2022 | $708K | $607K | $148K | $0 | — | View 990 |
| 2021 | $501K | $454K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $690K, expenses of $677K, and assets of $161K (revenue -2.6% year-over-year).
- 2022: Revenue of $708K, expenses of $607K, and assets of $148K (revenue +41.4% year-over-year).
- 2021: Revenue of $501K, expenses of $454K, and assets of $47K.
Data Sources and Methodology
This transparency report for Ocala International Horse Show 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.