Rising Hope Equestrian Center

Rising Hope Equestrian Center shows consistent revenue growth and asset accumulation, with a minor deficit in the latest fiscal year.

EIN: 201896405 · Harbor Spgs, MI · NTEE: P20 · Updated: 2026-03-28

$342KRevenue

$80KAssets

85/100Mission Score (Excellent)

P20

About Rising Hope Equestrian Center

Rising Hope Equestrian Center (EIN: 201896405) is a nonprofit organization based in Harbor Spgs, MI, classified under NTEE code P20. The organization reported total revenue of $342K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rising Hope Equestrian Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Rising Hope Equestrian Center demonstrates a generally stable financial position with consistent revenue growth over the past five years, increasing from $95,767 in 2011 to $262,533 in 2023. While the organization experienced a slight deficit in 2023 with expenses ($269,063) exceeding revenue ($262,533), this appears to be an anomaly given the surplus in 2022 ($260,053 revenue vs. $218,853 expenses). The organization's assets have also shown significant growth, from $15,306 in 2011 to $80,354 currently, indicating a healthy accumulation of resources. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust. The relatively low liabilities in most years also point to sound financial management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rising Hope Equestrian Center with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Rising Hope Equestrian Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure, which is commendable for a nonprofit of this 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 Rising Hope Equestrian Center's IRS 990 filings:

Small deficit in the latest reported fiscal period (202312), with expenses exceeding revenue by $6,530.

Strengths

The following positive indicators were identified for Rising Hope Equestrian Center:

Consistent revenue growth over the past decade.
Significant growth in assets, indicating increasing financial capacity.
0% officer compensation reported, suggesting strong dedication to mission spending.
Generally low liabilities across most filing periods.

Frequently Asked Questions about Rising Hope Equestrian Center

Is Rising Hope Equestrian Center financially stable?

Yes, despite a small deficit in 2023, the organization has shown consistent revenue growth and asset accumulation over the long term, indicating overall financial stability.

How does Rising Hope Equestrian Center manage executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a volunteer-based leadership or that compensation is covered by other means not reported as officer compensation.

Has the organization's revenue been growing?

Yes, revenue has shown significant growth, increasing from $95,767 in 2011 to $262,533 in 2023, with the latest reported revenue at $341,698.

What is the trend in the organization's assets?

Assets have consistently grown, from $15,306 in 2011 to $80,354 currently, demonstrating an increasing resource base.

Filing History

IRS 990 filing history for Rising Hope Equestrian Center showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2023), Rising Hope Equestrian Center's revenue has grown by 174.1%, moving from $96K to $263K. Total assets increased by 303.1% over the same period, from $15K to $62K. Total functional expenses rose by 192.5%, from $92K to $269K. In its most recent filing year (2023), Rising Hope Equestrian Center reported a deficit of $7K, with expenses exceeding revenue. The organization holds $270 in liabilities against $62K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $61K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$263K	$269K	$62K	$270	—	—
2022	$260K	$219K	$70K	$2K	—	View 990
2021	$166K	$187K	$29K	$2K	—	View 990
2019	$157K	$177K	$32K	$0	—	—
2011	$96K	$92K	$15K	$274	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $263K, expenses of $269K, and assets of $62K (revenue +1.0% year-over-year).
2022: Revenue of $260K, expenses of $219K, and assets of $70K (revenue +56.7% year-over-year).
2021: Revenue of $166K, expenses of $187K, and assets of $29K (revenue +5.4% year-over-year).
2019: Revenue of $157K, expenses of $177K, and assets of $32K (revenue +64.4% year-over-year).
2011: Revenue of $96K, expenses of $92K, and assets of $15K.

Data Sources and Methodology

This transparency report for Rising Hope Equestrian Center 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.