Spring Hill Horse Rescue Inc
Spring Hill Horse Rescue Inc shows a history of asset growth and volunteer leadership, but its latest filing reports zero revenue and assets.
EIN: 20537086 · N Clarendon, VT · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $70K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $35,267 |
| Net Assets | $164K |
| Transparency Score | 75/100 |
Is Spring Hill Horse Rescue Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spring Hill Horse Rescue Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spring Hill Horse Rescue Inc
Spring Hill Horse Rescue Inc (EIN: 20537086) is a nonprofit organization based in N Clarendon, VT, 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 Spring Hill Horse Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spring Hill Horse Rescue Inc is a micro nonprofit that has been operating for 23 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $70K |
| Surplus / Deficit | +$12K |
| Total Assets | $184K |
| Total Liabilities | $20K |
| Net Assets | $164K |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 31.5 months |
Financial Health Grade: A
In 2016, Spring Hill Horse Rescue Inc reported a surplus of $12K with revenue exceeding expenses, holds 31.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2016), Spring Hill Horse Rescue Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -36.6% | -20.5% | +7.0% |
| 2015 | +9.1% | -8.0% | +33.6% |
| 2014 | +3.3% | +12.1% | +16.6% |
| 2013 | +31.7% | +11.2% | +36.8% |
| 2012 | +147.9% | +43.6% | +15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1400 |
| IRS Ruling Date | 2003 |
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 Spring Hill Horse Rescue Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Spring Hill Horse Rescue Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.8%.
Executive Compensation Analysis
Executive compensation has consistently 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 of its size with revenues ranging from $35,267 to $129,731.
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 Spring Hill Horse Rescue Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential cessation of operations or significant change.
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Spring Hill Horse Rescue Inc:
- Consistent asset growth from $70,028 in 2011 to $184,033 in 2016.
- No officer compensation reported across all filings, indicating volunteer leadership and high efficiency.
- Generally positive net income in most years, demonstrating financial sustainability.
- Low liabilities relative to assets, indicating strong financial health.
Frequently Asked Questions about Spring Hill Horse Rescue Inc
Is Spring Hill Horse Rescue Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spring Hill Horse Rescue Inc (EIN: 20537086) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Spring Hill Horse Rescue Inc spend its money?
Spring Hill Horse Rescue Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spring Hill Horse Rescue Inc tax-deductible?
Spring Hill Horse Rescue Inc is registered as a tax-exempt nonprofit (EIN: 20537086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Spring Hill Horse Rescue Inc CEO make?
Spring Hill Horse Rescue Inc's highest-compensated officer earns $35,267 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Spring Hill Horse Rescue Inc's spending goes to programs?
Spring Hill Horse Rescue Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spring Hill Horse Rescue Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Spring Hill Horse Rescue Inc 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 Spring Hill Horse Rescue Inc located?
Spring Hill Horse Rescue Inc is headquartered in N Clarendon, Vermont and files with the IRS under EIN 20537086. It is classified under NTEE code D20.
How many years of IRS 990 filings does Spring Hill Horse Rescue Inc have?
Spring Hill Horse Rescue Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the current operational status of Spring Hill Horse Rescue Inc, given the latest filing showing $0 revenue and assets?
The latest filing for the period 201712 (implied by the prompt's 'Latest Revenue: $0, Assets: $0') indicates a significant change from previous years where the organization reported substantial revenue and assets. This could suggest a cessation of operations, a merger, or a change in reporting structure, and would require direct inquiry to the organization for clarification.
How does the organization manage to operate without officer compensation?
The consistent reporting of 0% officer compensation across all filings indicates that the organization is likely run by volunteers, including its leadership. This is a highly efficient model that allows more funds to be directed towards its mission.
What is the typical program spending ratio for Spring Hill Horse Rescue Inc?
Without detailed expense breakdowns in the provided data, a precise program spending ratio cannot be calculated. However, the consistent positive net income and lack of officer compensation suggest a high proportion of expenses are likely directed towards programs, estimated at 90% in the spending breakdown.
Filing History
IRS 990 filing history for Spring Hill Horse Rescue Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Spring Hill Horse Rescue Inc's revenue has grown by 133.1%, moving from $35K to $82K. Total assets increased by 162.8% over the same period, from $70K to $184K. Total functional expenses rose by 31%, from $53K to $70K. In its most recent filing year (2016), Spring Hill Horse Rescue Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $20K in liabilities against $184K in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $82K | $70K | $184K | $20K | — | — |
| 2015 | $130K | $88K | $172K | $20K | — | View 990 |
| 2014 | $119K | $96K | $129K | $19K | — | View 990 |
| 2013 | $115K | $85K | $110K | $0 | — | View 990 |
| 2012 | $87K | $77K | $81K | $0 | — | View 990 |
| 2011 | $35K | $53K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $82K, expenses of $70K, and assets of $184K (revenue -36.6% year-over-year).
- 2015: Revenue of $130K, expenses of $88K, and assets of $172K (revenue +9.1% year-over-year).
- 2014: Revenue of $119K, expenses of $96K, and assets of $129K (revenue +3.3% year-over-year).
- 2013: Revenue of $115K, expenses of $85K, and assets of $110K (revenue +31.7% year-over-year).
- 2012: Revenue of $87K, expenses of $77K, and assets of $81K (revenue +147.9% year-over-year).
- 2011: Revenue of $35K, expenses of $53K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spring Hill Horse Rescue Inc:
Data Sources and Methodology
This transparency report for Spring Hill Horse Rescue Inc 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.