Spirit Of The Wild Horse Foundation
EIN: 392067927 · Costilla, NM · NTEE: D20
| Metric | Value |
|---|---|
| Total Expenses | $13K |
| Net Assets | $156 |
Is Spirit Of The Wild Horse Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spirit Of The Wild Horse Foundation
Spirit Of The Wild Horse Foundation (EIN: 392067927) is a nonprofit organization based in Costilla, NM, classified under NTEE code D20. 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 Spirit Of The Wild Horse Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spirit Of The Wild Horse Foundation is a micro nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of 59.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $13K |
| Surplus / Deficit | $-4,990 |
| Total Assets | $156 |
| Net Assets | $156 |
| Operating Margin | -64.1% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2015, Spirit Of The Wild Horse Foundation reported a deficit of $5K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2012–2015), Spirit Of The Wild Horse Foundation's revenue has grown at a compound annual growth rate (CAGR) of 59.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -54.3% | +21.9% | -96.0% |
| 2014 | +132.9% | +47.5% | +999.2% |
| 2013 | +281.5% | +278.3% | +147.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spirit Of The Wild Horse Foundation 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 Spirit Of The Wild Horse Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Spirit Of The Wild Horse Foundation
Is Spirit Of The Wild Horse Foundation a legitimate charity?
Spirit Of The Wild Horse Foundation (EIN: 392067927) is a registered tax-exempt nonprofit based in New Mexico. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Spirit Of The Wild Horse Foundation spend its money?
Spirit Of The Wild Horse Foundation reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spirit Of The Wild Horse Foundation tax-deductible?
Spirit Of The Wild Horse Foundation is registered as a tax-exempt nonprofit (EIN: 392067927). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spirit Of The Wild Horse Foundation located?
Spirit Of The Wild Horse Foundation is headquartered in Costilla, New Mexico and files with the IRS under EIN 392067927. It is classified under NTEE code D20.
How many years of IRS 990 filings does Spirit Of The Wild Horse Foundation have?
Spirit Of The Wild Horse Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Spirit Of The Wild Horse Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Spirit Of The Wild Horse Foundation's revenue has grown by 305.8%, moving from $2K to $8K. Total assets increased by 8.3% over the same period, from $144 to $156. Total functional expenses rose by 580.3%, from $2K to $13K. In its most recent filing year (2015), Spirit Of The Wild Horse Foundation reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $8K | $13K | $156 | $0 | — | View 990 |
| 2014 | $17K | $10K | $4K | $0 | — | View 990 |
| 2013 | $7K | $7K | $356 | $0 | — | View 990 |
| 2012 | $2K | $2K | $144 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $8K, expenses of $13K, and assets of $156 (revenue -54.3% year-over-year).
- 2014: Revenue of $17K, expenses of $10K, and assets of $4K (revenue +132.9% year-over-year).
- 2013: Revenue of $7K, expenses of $7K, and assets of $356 (revenue +281.5% year-over-year).
- 2012: Revenue of $2K, expenses of $2K, and assets of $144.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spirit Of The Wild Horse Foundation:
Data Sources and Methodology
This transparency report for Spirit Of The Wild Horse 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.