Save A Forgotten Equine
Save A Forgotten Equine shows consistent revenue growth and zero executive compensation over a decade.
EIN: 205825355 · Redmond, WA · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $876K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 92/100 |
Is Save A Forgotten Equine Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Save A Forgotten Equine directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Save A Forgotten Equine
Save A Forgotten Equine (EIN: 205825355) is a nonprofit organization based in Redmond, WA, classified under NTEE code D20. The organization reported total revenue of $1.4M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Save A Forgotten Equine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Save A Forgotten Equine is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $876K |
| Surplus / Deficit | +$232K |
| Total Assets | $1.1M |
| Total Liabilities | $53K |
| Net Assets | $1.0M |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 14.5 months |
Financial Health Grade: A
In 2023, Save A Forgotten Equine reported a surplus of $232K with revenue exceeding expenses, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Save A Forgotten Equine's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +16.3% | +32.4% |
| 2022 | +10.4% | +8.5% | +25.9% |
| 2021 | +14.3% | +11.4% | +17.4% |
| 2020 | +18.7% | +0.7% | +41.2% |
| 2019 | +6.4% | -7.4% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Save A Forgotten Equine with a Mission Score of 92 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, Save A Forgotten Equine 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 $232K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.0%.
Executive Compensation Analysis
Executive compensation has been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with over $1 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Save A Forgotten Equine:
- Consistent and strong revenue growth over a decade (e.g., $277,265 in 2014 to $1,108,199 in 2023).
- Zero reported officer compensation across all filings, indicating volunteer leadership and high program focus.
- Healthy asset growth and low liabilities, demonstrating strong financial management (e.g., assets grew from $109,086 in 2014 to $1,061,963 in 2023).
- Expenses consistently below revenue, allowing for reinvestment and asset building.
- Long history of IRS 990 filings (14 filings), indicating transparency and compliance.
Frequently Asked Questions about Save A Forgotten Equine
Is Save A Forgotten Equine a legitimate charity?
Save A Forgotten Equine (EIN: 205825355) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Save A Forgotten Equine spend its money?
Save A Forgotten Equine directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Save A Forgotten Equine tax-deductible?
Save A Forgotten Equine is registered as a tax-exempt nonprofit (EIN: 205825355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Save A Forgotten Equine CEO make?
Save A Forgotten Equine's highest-compensated officer earns $1 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Save A Forgotten Equine's spending goes to programs?
Save A Forgotten Equine directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Save A Forgotten Equine compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Save A Forgotten Equine 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 Save A Forgotten Equine located?
Save A Forgotten Equine is headquartered in Redmond, Washington and files with the IRS under EIN 205825355. It is classified under NTEE code D20.
How many years of IRS 990 filings does Save A Forgotten Equine have?
Save A Forgotten Equine 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 $1.4M in total revenue.
Is Save A Forgotten Equine a good charity?
Based on its financial data, Save A Forgotten Equine appears to be a very good charity. It demonstrates consistent revenue growth, strong asset accumulation, low liabilities, and a remarkable 0% officer compensation, indicating a high dedication to its mission.
How has SAFE's revenue grown over time?
SAFE's revenue has shown significant and consistent growth, increasing from $277,265 in 2014 to $1,108,199 in 2023, representing a nearly four-fold increase over the decade.
What is the organization's financial stability?
The organization exhibits strong financial stability, with assets consistently exceeding liabilities by a significant margin (e.g., $1,061,963 in assets vs. $53,357 in liabilities in 2023) and a history of operating with expenses below revenue.
Filing History
IRS 990 filing history for Save A Forgotten Equine showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Save A Forgotten Equine's revenue has grown by 1417.4%, moving from $73K to $1.1M. Total assets increased by 2935.8% over the same period, from $35K to $1.1M. Total functional expenses rose by 1430.9%, from $57K to $876K. In its most recent filing year (2023), Save A Forgotten Equine reported a surplus of $232K, with revenue exceeding expenses. The organization holds $53K in liabilities against $1.1M in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $876K | $1.1M | $53K | — | View 990 |
| 2022 | $919K | $753K | $802K | $34K | — | — |
| 2021 | $832K | $694K | $637K | $35K | — | View 990 |
| 2020 | $728K | $624K | $543K | $78K | — | View 990 |
| 2019 | $613K | $619K | $384K | $24K | — | View 990 |
| 2018 | $576K | $668K | $397K | $32K | — | View 990 |
| 2017 | $664K | $490K | $478K | $22K | — | View 990 |
| 2016 | $497K | $377K | $298K | $13K | — | View 990 |
| 2015 | $362K | $308K | $163K | $0 | — | View 990 |
| 2014 | $277K | $229K | $109K | $0 | — | View 990 |
| 2013 | $217K | $205K | $61K | $0 | — | View 990 |
| 2012 | $187K | $174K | $50K | $0 | — | View 990 |
| 2011 | $140K | $135K | $38K | $1K | — | View 990 |
| 2010 | $73K | $57K | $35K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $876K, and assets of $1.1M (revenue +20.6% year-over-year).
- 2022: Revenue of $919K, expenses of $753K, and assets of $802K (revenue +10.4% year-over-year).
- 2021: Revenue of $832K, expenses of $694K, and assets of $637K (revenue +14.3% year-over-year).
- 2020: Revenue of $728K, expenses of $624K, and assets of $543K (revenue +18.7% year-over-year).
- 2019: Revenue of $613K, expenses of $619K, and assets of $384K (revenue +6.4% year-over-year).
- 2018: Revenue of $576K, expenses of $668K, and assets of $397K (revenue -13.2% year-over-year).
- 2017: Revenue of $664K, expenses of $490K, and assets of $478K (revenue +33.6% year-over-year).
- 2016: Revenue of $497K, expenses of $377K, and assets of $298K (revenue +37.5% year-over-year).
- 2015: Revenue of $362K, expenses of $308K, and assets of $163K (revenue +30.5% year-over-year).
- 2014: Revenue of $277K, expenses of $229K, and assets of $109K (revenue +28.0% year-over-year).
- 2013: Revenue of $217K, expenses of $205K, and assets of $61K (revenue +15.7% year-over-year).
- 2012: Revenue of $187K, expenses of $174K, and assets of $50K (revenue +33.7% year-over-year).
- 2011: Revenue of $140K, expenses of $135K, and assets of $38K (revenue +91.8% year-over-year).
- 2010: Revenue of $73K, expenses of $57K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Save A Forgotten Equine:
Data Sources and Methodology
This transparency report for Save A Forgotten Equine 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.