Pony Power Therapies Inc
Pony Power Therapies Inc shows strong asset growth and no reported officer compensation, despite a recent operating deficit.
EIN: 203210841 · Mahwah, NJ · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| Net Assets | $7.9M |
| Transparency Score | 88/100 |
Is Pony Power Therapies Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pony Power Therapies Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pony Power Therapies Inc
Pony Power Therapies Inc (EIN: 203210841) is a nonprofit organization based in Mahwah, NJ, classified under NTEE code P20. The organization reported total revenue of $2.3M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pony Power Therapies Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pony Power Therapies Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-262,929 |
| Total Assets | $8.0M |
| Total Liabilities | $178K |
| Net Assets | $7.9M |
| Operating Margin | -14.4% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 46.2 months |
Financial Health Grade: B
In 2023, Pony Power Therapies Inc reported a deficit of $263K with expenses exceeding revenue, holds 46.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Pony Power Therapies Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.9% | +13.5% | -3.2% |
| 2022 | +109.8% | +16.4% | +23.6% |
| 2021 | +8.4% | -8.1% | +0.2% |
| 2020 | -32.0% | +7.2% | +3.7% |
| 2019 | +3.5% | +13.8% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Pony Power Therapies Inc with a Mission Score of 88 out of 100 (Excellent). 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, Pony Power Therapies Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $263K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that leadership is either volunteer or compensated through non-officer roles, which is highly favorable for resource allocation.
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 Pony Power Therapies Inc's IRS 990 filings:
- Recent operating deficit in 202306 ($262,929)
Strengths
The following positive indicators were identified for Pony Power Therapies Inc:
- Strong asset growth over the past decade (from $2.3M in 2014 to $8M in 2023)
- Consistent reporting of 0% officer compensation across all filings
- Healthy asset-to-liability ratio, indicating financial stability
- Long history of IRS 990 filings (14 filings), demonstrating transparency and compliance
- Significant revenue generation, with latest revenue at $2,275,792
Frequently Asked Questions about Pony Power Therapies Inc
Is Pony Power Therapies Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pony Power Therapies Inc (EIN: 203210841) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Pony Power Therapies Inc spend its money?
Pony Power Therapies Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pony Power Therapies Inc tax-deductible?
Pony Power Therapies Inc is registered as a tax-exempt nonprofit (EIN: 203210841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pony Power Therapies Inc's spending goes to programs?
Pony Power Therapies Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pony Power Therapies Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Pony Power Therapies Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pony Power Therapies Inc located?
Pony Power Therapies Inc is headquartered in Mahwah, New Jersey and files with the IRS under EIN 203210841. It is classified under NTEE code P20.
How many years of IRS 990 filings does Pony Power Therapies Inc have?
Pony Power Therapies Inc 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 $2.3M in total revenue.
Is Pony Power Therapies Inc a good charity?
Based on the available data, Pony Power Therapies Inc appears to be a good charity. It has a strong history of asset growth, consistent revenue, and notably reports 0% officer compensation, indicating a strong commitment to directing resources towards its mission. While there was a deficit in the latest year, it's important to consider the overall financial health and long-term trends.
How has Pony Power Therapies Inc's financial health changed over time?
Pony Power Therapies Inc has shown significant financial growth. Assets have more than tripled from $2,336,081 in 2014 to $8,029,935 in 2023. Revenue has fluctuated but generally remained strong, with a notable peak of $3,637,032 in 2022. The organization has consistently managed its liabilities, keeping them relatively low compared to assets.
What caused the deficit in the 2023 fiscal year?
In the 2023 fiscal year, Pony Power Therapies Inc reported revenues of $1,822,347 against expenses of $2,085,276, resulting in a deficit of $262,929. The specific causes are not detailed in the provided summary, but it could be due to increased program costs, one-time investments, or a temporary dip in donations following a very strong revenue year in 2022.
Filing History
IRS 990 filing history for Pony Power Therapies Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Pony Power Therapies Inc's revenue has grown by 219.3%, moving from $571K to $1.8M. Total assets increased by 1621.5% over the same period, from $466K to $8.0M. Total functional expenses rose by 1548.1%, from $127K to $2.1M. In its most recent filing year (2023), Pony Power Therapies Inc reported a deficit of $263K, with expenses exceeding revenue. The organization holds $178K in liabilities against $8.0M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.1M | $8.0M | $178K | — | View 990 |
| 2022 | $3.6M | $1.8M | $8.3M | $168K | — | View 990 |
| 2021 | $1.7M | $1.6M | $6.7M | $386K | — | View 990 |
| 2020 | $1.6M | $1.7M | $6.7M | $529K | — | View 990 |
| 2019 | $2.4M | $1.6M | $6.5M | $171K | — | View 990 |
| 2018 | $2.3M | $1.4M | $5.8M | $212K | — | View 990 |
| 2017 | $2.0M | $1.2M | $4.8M | $140K | — | View 990 |
| 2016 | $2.4M | $1.0M | $4.0M | $91K | — | View 990 |
| 2015 | $1.3M | $1.0M | $2.7M | $176K | — | View 990 |
| 2014 | $2.5M | $880K | $2.3M | $28K | — | View 990 |
| 2013 | $679K | $612K | $718K | $55K | — | View 990 |
| 2012 | $560K | $443K | $625K | $29K | — | View 990 |
| 2011 | $275K | $260K | $508K | $28K | — | View 990 |
| 2010 | $571K | $127K | $466K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.1M, and assets of $8.0M (revenue -49.9% year-over-year).
- 2022: Revenue of $3.6M, expenses of $1.8M, and assets of $8.3M (revenue +109.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $6.7M (revenue +8.4% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.7M, and assets of $6.7M (revenue -32.0% year-over-year).
- 2019: Revenue of $2.4M, expenses of $1.6M, and assets of $6.5M (revenue +3.5% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.4M, and assets of $5.8M (revenue +13.8% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.2M, and assets of $4.8M (revenue -16.1% year-over-year).
- 2016: Revenue of $2.4M, expenses of $1.0M, and assets of $4.0M (revenue +86.2% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.0M, and assets of $2.7M (revenue -49.4% year-over-year).
- 2014: Revenue of $2.5M, expenses of $880K, and assets of $2.3M (revenue +272.1% year-over-year).
- 2013: Revenue of $679K, expenses of $612K, and assets of $718K (revenue +21.3% year-over-year).
- 2012: Revenue of $560K, expenses of $443K, and assets of $625K (revenue +103.5% year-over-year).
- 2011: Revenue of $275K, expenses of $260K, and assets of $508K (revenue -51.8% year-over-year).
- 2010: Revenue of $571K, expenses of $127K, and assets of $466K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pony Power Therapies Inc:
Data Sources and Methodology
This transparency report for Pony Power Therapies 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.