Saddleup Foundation

Saddleup Foundation reports $0 revenue and assets in its latest filing, indicating potential dormancy or closure.

EIN: 202751374 · Elizabeth, CO · Updated: 2026-03-28

$0Revenue

$0Assets

20/100Mission Score (Poor)

About Saddleup Foundation

Saddleup Foundation (EIN: 202751374) is a nonprofit organization based in Elizabeth, CO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saddleup Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Saddleup Foundation appears to be in a precarious financial position, as indicated by its latest filing showing $0 in revenue and assets. This is a significant decline from previous years where the organization consistently reported revenues around $500,000-$600,000. The organization has historically operated with expenses often exceeding revenue, leading to negative net assets in some periods, such as 2014 where liabilities ($432,246) significantly outstripped assets ($358,714). While the organization has consistently reported 0% officer compensation, which is a positive sign for donor trust, the current financial state raises serious concerns about its operational viability and future. Without current financial activity, it's difficult to assess spending efficiency or program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Saddleup Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 0%
programs: 0%
fundraising: 0%

According to IRS 990 filings, Saddleup Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% of expenses across all available filings, which is commendable for an organization of its historical size, demonstrating a commitment to directing funds towards its mission rather than executive salaries.

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 Saddleup Foundation's IRS 990 filings:

Latest filing shows $0 revenue and assets, indicating potential dormancy or closure.
Historical trend of expenses exceeding revenue, leading to negative net assets in some periods (e.g., 2014: Liabilities $432,246 vs. Assets $358,714).

Strengths

The following positive indicators were identified for Saddleup Foundation:

Consistent reporting of 0% officer compensation across all available filings, indicating no executive salary burden on the organization's finances.

Frequently Asked Questions about Saddleup Foundation

Is Saddleup Foundation currently operational?

Based on the latest filing showing $0 in revenue and assets, it is highly probable that Saddleup Foundation is no longer actively operational or has ceased its charitable activities.

What caused the significant decline in revenue and assets?

The provided data does not specify the reasons for the decline. It could be due to a cessation of fundraising, loss of grants, or a decision to wind down operations.

How did the organization manage its finances in previous years?

In previous years (2011-2014), Saddleup Foundation consistently generated revenues between $489,842 and $593,568, but often incurred expenses that exceeded revenue, leading to periods of negative net assets.

Filing History

IRS 990 filing history for Saddleup Foundation showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2011–2014), Saddleup Foundation's revenue has grown by 21.2%, moving from $490K to $594K. Total assets increased by 57.7% over the same period, from $227K to $359K. Total functional expenses rose by 26.6%, from $549K to $696K. In its most recent filing year (2014), Saddleup Foundation reported a deficit of $102K, with expenses exceeding revenue. The organization holds $432K in liabilities against $359K in assets (debt-to-asset ratio: 120.5%), resulting in net assets of $-73,532.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2014	$594K	$696K	$359K	$432K	—	View 990
2013	$593K	$602K	$203K	$164K	—	View 990
2012	$580K	$574K	$228K	$159K	—	View 990
2011	$490K	$549K	$227K	$163K	—	View 990

Year-by-Year Financial Summary

2014: Revenue of $594K, expenses of $696K, and assets of $359K (revenue +0.1% year-over-year).
2013: Revenue of $593K, expenses of $602K, and assets of $203K (revenue +2.3% year-over-year).
2012: Revenue of $580K, expenses of $574K, and assets of $228K (revenue +18.3% year-over-year).
2011: Revenue of $490K, expenses of $549K, and assets of $227K.

Data Sources and Methodology

This transparency report for Saddleup Foundation 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.