Spirit Therapeutic Riding Center
Spirit Therapeutic Riding Center maintains stable assets and volunteer leadership despite recent revenue fluctuations.
EIN: 204210534 · Ellensburg, WA · NTEE: E50 · Updated: 2026-03-28
Is Spirit Therapeutic Riding Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spirit Therapeutic Riding Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spirit Therapeutic Riding Center
Spirit Therapeutic Riding Center (EIN: 204210534) is a nonprofit organization based in Ellensburg, WA, classified under NTEE code E50. The organization reported total revenue of $175K and total assets of $183K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spirit Therapeutic Riding Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spirit Therapeutic Riding Center 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: 90%
- fundraising: 0%
According to IRS 990 filings, Spirit Therapeutic Riding Center allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Spirit Therapeutic Riding Center consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and all funds are directed towards operations and programs.
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 Spirit Therapeutic Riding Center's IRS 990 filings:
- Expenses exceeded revenue in the latest 2023 filing by approximately $59,000.
Strengths
The following positive indicators were identified for Spirit Therapeutic Riding Center:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership.
- Strong program focus due to lack of executive compensation.
- Healthy and growing asset base, increasing from $136,016 in 2014 to $211,775 in 2023.
- High transparency with 13 years of consistent IRS 990 filings.
- Minimal liabilities reported in most years, indicating sound financial management.
Frequently Asked Questions about Spirit Therapeutic Riding Center
Is Spirit Therapeutic Riding Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Spirit Therapeutic Riding Center (EIN: 204210534) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Spirit Therapeutic Riding Center spend its money?
Spirit Therapeutic Riding Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spirit Therapeutic Riding Center tax-deductible?
Spirit Therapeutic Riding Center is registered as a tax-exempt nonprofit (EIN: 204210534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Spirit Therapeutic Riding Center a good charity?
Based on the available data, Spirit Therapeutic Riding Center appears to be a good charity. It demonstrates strong financial transparency with 13 years of IRS 990 filings, maintains a healthy asset base, and crucially, reports 0% officer compensation, meaning all leadership is volunteer. This indicates a high dedication to its mission and efficient use of donor funds.
How does the organization manage its executive compensation?
The organization manages executive compensation by not having any. All IRS 990 filings consistently show 0% officer compensation, indicating that the leadership serves on a volunteer basis.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend over the past decade, growing from $136,016 in 2014 to $211,775 in 2023, indicating financial stability and growth in its resource base.
Did the organization experience a deficit in its latest filing?
Yes, in its latest filing for the period 202312, Spirit Therapeutic Riding Center reported expenses of $225,089 against revenues of $165,790, resulting in a deficit of approximately $59,299 for that period.
Filing History
IRS 990 filing history for Spirit Therapeutic Riding Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spirit Therapeutic Riding Center's revenue has grown by 264.5%, moving from $45K to $166K. Total assets increased by 700.4% over the same period, from $26K to $212K. Total functional expenses rose by 457.5%, from $40K to $225K. In its most recent filing year (2023), Spirit Therapeutic Riding Center reported a deficit of $59K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $225K | $212K | $0 | — | View 990 |
| 2022 | $258K | $199K | $274K | $3K | — | View 990 |
| 2021 | $150K | $160K | $215K | $3K | — | View 990 |
| 2020 | $145K | $134K | $224K | $3K | — | View 990 |
| 2019 | $179K | $163K | $214K | $4K | — | View 990 |
| 2018 | $136K | $156K | $199K | $5K | — | View 990 |
| 2017 | $150K | $151K | $220K | $6K | — | — |
| 2016 | $137K | $93K | $222K | $6K | — | View 990 |
| 2015 | $109K | $73K | $172K | $0 | — | View 990 |
| 2014 | $100K | $58K | $136K | $0 | — | View 990 |
| 2013 | $69K | $32K | $94K | $0 | — | View 990 |
| 2012 | $74K | $43K | $57K | $0 | — | View 990 |
| 2011 | $45K | $40K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $225K, and assets of $212K (revenue -35.8% year-over-year).
- 2022: Revenue of $258K, expenses of $199K, and assets of $274K (revenue +71.8% year-over-year).
- 2021: Revenue of $150K, expenses of $160K, and assets of $215K (revenue +3.8% year-over-year).
- 2020: Revenue of $145K, expenses of $134K, and assets of $224K (revenue -19.0% year-over-year).
- 2019: Revenue of $179K, expenses of $163K, and assets of $214K (revenue +31.4% year-over-year).
- 2018: Revenue of $136K, expenses of $156K, and assets of $199K (revenue -9.2% year-over-year).
- 2017: Revenue of $150K, expenses of $151K, and assets of $220K (revenue +9.5% year-over-year).
- 2016: Revenue of $137K, expenses of $93K, and assets of $222K (revenue +25.4% year-over-year).
- 2015: Revenue of $109K, expenses of $73K, and assets of $172K (revenue +9.0% year-over-year).
- 2014: Revenue of $100K, expenses of $58K, and assets of $136K (revenue +45.2% year-over-year).
- 2013: Revenue of $69K, expenses of $32K, and assets of $94K (revenue -6.3% year-over-year).
- 2012: Revenue of $74K, expenses of $43K, and assets of $57K (revenue +62.0% year-over-year).
- 2011: Revenue of $45K, expenses of $40K, and assets of $26K.
Data Sources and Methodology
This transparency report for Spirit Therapeutic Riding Center 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.