Southern Reins Center For Equine Therapy
EIN: 474647784 · Collierville, TN · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $979K |
| Total Expenses | $689K |
| Net Assets | $3.1M |
Is Southern Reins Center For Equine Therapy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Reins Center For Equine Therapy
Southern Reins Center For Equine Therapy (EIN: 474647784) is a nonprofit organization based in Collierville, TN, classified under NTEE code E50. The organization reported total revenue of $979K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Reins Center For Equine Therapy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Reins Center For Equine Therapy is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 42.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $725K |
| Total Expenses | $689K |
| Surplus / Deficit | +$37K |
| Total Assets | $3.2M |
| Total Liabilities | $34K |
| Net Assets | $3.1M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 55.2 months |
Financial Health Grade: A
In 2023, Southern Reins Center For Equine Therapy reported a surplus of $37K with revenue exceeding expenses, holds 55.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Southern Reins Center For Equine Therapy's revenue has grown at a compound annual growth rate (CAGR) of 42.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.2% | +12.4% | +1.4% |
| 2022 | +62.6% | +23.4% | +19.7% |
| 2021 | -6.5% | +12.9% | +5.7% |
| 2020 | +15.3% | -1.8% | +16.1% |
| 2019 | -52.0% | +17.3% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Reins Center For Equine Therapy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southern Reins Center For Equine Therapy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Southern Reins Center For Equine Therapy
Is Southern Reins Center For Equine Therapy a legitimate charity?
Southern Reins Center For Equine Therapy (EIN: 474647784) is a registered tax-exempt nonprofit based in Tennessee. It has 9 years of IRS 990 filings on record. Total revenue: $979K. No red flags identified. Financial health grade: A.
How does Southern Reins Center For Equine Therapy spend its money?
Southern Reins Center For Equine Therapy reported $979K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southern Reins Center For Equine Therapy tax-deductible?
Southern Reins Center For Equine Therapy is registered as a tax-exempt nonprofit (EIN: 474647784). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Reins Center For Equine Therapy located?
Southern Reins Center For Equine Therapy is headquartered in Collierville, Tennessee and files with the IRS under EIN 474647784. It is classified under NTEE code E50.
How many years of IRS 990 filings does Southern Reins Center For Equine Therapy have?
Southern Reins Center For Equine Therapy has 9 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 $979K in total revenue.
Filing History
IRS 990 filing history for Southern Reins Center For Equine Therapy showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Southern Reins Center For Equine Therapy's revenue has grown by 1613.6%, moving from $42K to $725K. Total assets increased by 14891.2% over the same period, from $21K to $3.2M. Total functional expenses rose by 1116.7%, from $57K to $689K. In its most recent filing year (2023), Southern Reins Center For Equine Therapy reported a surplus of $37K, with revenue exceeding expenses. The organization holds $34K in liabilities against $3.2M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $725K | $689K | $3.2M | $34K | — | — |
| 2022 | $1.1M | $613K | $3.1M | $27K | — | View 990 |
| 2021 | $689K | $496K | $2.6M | $22K | — | — |
| 2020 | $737K | $440K | $2.5M | $71K | — | View 990 |
| 2019 | $639K | $448K | $2.1M | $26K | — | View 990 |
| 2018 | $1.3M | $382K | $2.1M | $177K | — | View 990 |
| 2017 | $832K | $274K | $764K | $6K | — | View 990 |
| 2016 | $424K | $242K | $206K | $38K | — | View 990 |
| 2015 | $42K | $57K | $21K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $725K, expenses of $689K, and assets of $3.2M (revenue -35.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $613K, and assets of $3.1M (revenue +62.6% year-over-year).
- 2021: Revenue of $689K, expenses of $496K, and assets of $2.6M (revenue -6.5% year-over-year).
- 2020: Revenue of $737K, expenses of $440K, and assets of $2.5M (revenue +15.3% year-over-year).
- 2019: Revenue of $639K, expenses of $448K, and assets of $2.1M (revenue -52.0% year-over-year).
- 2018: Revenue of $1.3M, expenses of $382K, and assets of $2.1M (revenue +60.1% year-over-year).
- 2017: Revenue of $832K, expenses of $274K, and assets of $764K (revenue +96.2% year-over-year).
- 2016: Revenue of $424K, expenses of $242K, and assets of $206K (revenue +902.6% year-over-year).
- 2015: Revenue of $42K, expenses of $57K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Reins Center For Equine Therapy:
Data Sources and Methodology
This transparency report for Southern Reins Center For Equine Therapy 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.