Roanoke Valley Horse Rescue Inc
Roanoke Valley Horse Rescue Inc consistently operates with a surplus and no reported officer compensation, growing assets to $392,151.
EIN: 20654488 · Hardy, VA · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $216K |
| Total Expenses | $237K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $242K |
| Transparency Score | 90/100 |
Is Roanoke Valley Horse Rescue Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roanoke Valley Horse Rescue Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roanoke Valley Horse Rescue Inc
Roanoke Valley Horse Rescue Inc (EIN: 20654488) is a nonprofit organization based in Hardy, VA, classified under NTEE code D20. The organization reported total revenue of $216K and total assets of $386K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roanoke Valley Horse Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roanoke Valley Horse Rescue Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $313K |
| Total Expenses | $237K |
| Surplus / Deficit | +$75K |
| Total Assets | $392K |
| Total Liabilities | $150K |
| Net Assets | $242K |
| Operating Margin | 24.2% |
| Debt-to-Asset Ratio | 38.3% |
| Months of Reserves | 19.8 months |
Financial Health Grade: A
In 2023, Roanoke Valley Horse Rescue Inc reported a surplus of $75K with revenue exceeding expenses, holds 19.8 months of operating reserves (strong position), has a debt-to-asset ratio of 38.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Roanoke Valley Horse Rescue Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | -11.7% | +4.1% |
| 2022 | -12.1% | -9.3% | +9.6% |
| 2021 | +29.3% | +2.3% | -5.8% |
| 2020 | -23.8% | -0.8% | -10.2% |
| 2019 | +11.0% | -0.5% | +66.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2003 |
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 Roanoke Valley Horse Rescue Inc with a Mission Score of 90 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, Roanoke Valley Horse Rescue 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 surplus of $75K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.3%.
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 commendable for a nonprofit of its size with annual revenues consistently over $200,000.
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 Roanoke Valley Horse Rescue Inc's IRS 990 filings:
- Fluctuating liabilities, reaching $261,105 in 2019, warrant monitoring.
Strengths
The following positive indicators were identified for Roanoke Valley Horse Rescue Inc:
- Consistent revenue exceeding expenses in recent years (e.g., $312,575 revenue vs. $237,082 expenses in 2023).
- No reported officer compensation across all filings, indicating volunteer leadership.
- Steady growth in assets from $201,641 in 2016 to $392,151 in 2023.
- Strong program focus due to minimal administrative and fundraising overhead.
Frequently Asked Questions about Roanoke Valley Horse Rescue Inc
Is Roanoke Valley Horse Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Roanoke Valley Horse Rescue Inc (EIN: 20654488) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Roanoke Valley Horse Rescue Inc spend its money?
Roanoke Valley Horse Rescue Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Roanoke Valley Horse Rescue Inc tax-deductible?
Roanoke Valley Horse Rescue Inc is registered as a tax-exempt nonprofit (EIN: 20654488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Roanoke Valley Horse Rescue Inc CEO make?
Roanoke Valley Horse Rescue Inc's highest-compensated officer earns $200,000. annually. The organization reported $216K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Roanoke Valley Horse Rescue Inc's spending goes to programs?
Roanoke Valley Horse Rescue Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Roanoke Valley Horse Rescue Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Roanoke Valley Horse Rescue Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Roanoke Valley Horse Rescue Inc located?
Roanoke Valley Horse Rescue Inc is headquartered in Hardy, Virginia and files with the IRS under EIN 20654488. It is classified under NTEE code D20.
How many years of IRS 990 filings does Roanoke Valley Horse Rescue Inc have?
Roanoke Valley Horse Rescue Inc has 13 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 $216K in total revenue.
Is Roanoke Valley Horse Rescue Inc a good charity?
Based on the available data, Roanoke Valley Horse Rescue Inc appears to be a good charity. It consistently operates with a surplus, has no reported officer compensation, and has grown its assets, suggesting efficient use of donations for its mission.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $201,641 in 2016 to $392,151 in 2023. While liabilities have fluctuated, they have decreased in recent years, and revenues have consistently exceeded expenses since 2021.
What is the organization's approach to executive compensation?
Roanoke Valley Horse Rescue Inc reports 0% officer compensation in all available filings, indicating a volunteer-led executive team, which means all funds are directed towards operational and programmatic expenses.
Filing History
IRS 990 filing history for Roanoke Valley Horse Rescue Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Roanoke Valley Horse Rescue Inc's revenue has grown by 8.6%, moving from $288K to $313K. Total assets increased by 320.8% over the same period, from $93K to $392K. Total functional expenses rose by 5.7%, from $224K to $237K. In its most recent filing year (2023), Roanoke Valley Horse Rescue Inc reported a surplus of $75K, with revenue exceeding expenses. The organization holds $150K in liabilities against $392K in assets (debt-to-asset ratio: 38.3%), resulting in net assets of $242K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $313K | $237K | $392K | $150K | — | View 990 |
| 2022 | $306K | $268K | $377K | $210K | — | — |
| 2021 | $348K | $296K | $344K | $215K | — | View 990 |
| 2020 | $269K | $289K | $365K | $217K | — | View 990 |
| 2019 | $353K | $292K | $406K | $261K | — | View 990 |
| 2018 | $318K | $293K | $245K | $56K | — | View 990 |
| 2017 | $259K | $260K | $206K | $42K | — | View 990 |
| 2016 | $308K | $347K | $202K | $48K | — | View 990 |
| 2015 | $365K | $430K | $205K | $62K | — | View 990 |
| 2014 | $446K | $392K | $216K | $9K | — | View 990 |
| 2013 | $322K | $277K | $180K | $26K | — | View 990 |
| 2012 | $260K | $241K | $113K | $7K | — | View 990 |
| 2011 | $288K | $224K | $93K | $539 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $313K, expenses of $237K, and assets of $392K (revenue +2.1% year-over-year).
- 2022: Revenue of $306K, expenses of $268K, and assets of $377K (revenue -12.1% year-over-year).
- 2021: Revenue of $348K, expenses of $296K, and assets of $344K (revenue +29.3% year-over-year).
- 2020: Revenue of $269K, expenses of $289K, and assets of $365K (revenue -23.8% year-over-year).
- 2019: Revenue of $353K, expenses of $292K, and assets of $406K (revenue +11.0% year-over-year).
- 2018: Revenue of $318K, expenses of $293K, and assets of $245K (revenue +23.1% year-over-year).
- 2017: Revenue of $259K, expenses of $260K, and assets of $206K (revenue -16.1% year-over-year).
- 2016: Revenue of $308K, expenses of $347K, and assets of $202K (revenue -15.6% year-over-year).
- 2015: Revenue of $365K, expenses of $430K, and assets of $205K (revenue -18.2% year-over-year).
- 2014: Revenue of $446K, expenses of $392K, and assets of $216K (revenue +38.5% year-over-year).
- 2013: Revenue of $322K, expenses of $277K, and assets of $180K (revenue +23.9% year-over-year).
- 2012: Revenue of $260K, expenses of $241K, and assets of $113K (revenue -9.7% year-over-year).
- 2011: Revenue of $288K, expenses of $224K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roanoke Valley Horse Rescue Inc:
Data Sources and Methodology
This transparency report for Roanoke Valley Horse Rescue 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.