Still Waters Equestrian Academy
EIN: 464343429 · Hickman, NE · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $460K |
| Total Expenses | $457K |
| Net Assets | $205K |
Is Still Waters Equestrian Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Still Waters Equestrian Academy
Still Waters Equestrian Academy (EIN: 464343429) is a nonprofit organization based in Hickman, NE, classified under NTEE code E50. The organization reported total revenue of $460K and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Still Waters Equestrian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Still Waters Equestrian Academy is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $401K |
| Total Expenses | $457K |
| Surplus / Deficit | $-56,462 |
| Total Assets | $288K |
| Total Liabilities | $83K |
| Net Assets | $205K |
| Operating Margin | -14.1% |
| Debt-to-Asset Ratio | 28.8% |
| Months of Reserves | 7.6 months |
Financial Health Grade: B
In 2023, Still Waters Equestrian Academy reported a deficit of $56K with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 28.8% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Still Waters Equestrian Academy's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | +1.2% | -13.3% |
| 2022 | -3.5% | +4.7% | -4.6% |
| 2021 | +21.1% | +43.3% | +18.0% |
| 2020 | -12.2% | -14.0% | +12.9% |
| 2019 | +44.2% | +11.2% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Still Waters Equestrian Academy 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 Still Waters Equestrian Academy 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 deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.8%.
Frequently Asked Questions about Still Waters Equestrian Academy
Is Still Waters Equestrian Academy a legitimate charity?
Still Waters Equestrian Academy (EIN: 464343429) is a registered tax-exempt nonprofit based in Nebraska. It has 10 years of IRS 990 filings on record. Total revenue: $460K. No red flags identified. Financial health grade: B.
How does Still Waters Equestrian Academy spend its money?
Still Waters Equestrian Academy reported $460K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Still Waters Equestrian Academy tax-deductible?
Still Waters Equestrian Academy is registered as a tax-exempt nonprofit (EIN: 464343429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Still Waters Equestrian Academy located?
Still Waters Equestrian Academy is headquartered in Hickman, Nebraska and files with the IRS under EIN 464343429. It is classified under NTEE code E50.
How many years of IRS 990 filings does Still Waters Equestrian Academy have?
Still Waters Equestrian Academy has 10 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 $460K in total revenue.
Filing History
IRS 990 filing history for Still Waters Equestrian Academy showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Still Waters Equestrian Academy's revenue has declined by 8.7%, moving from $439K to $401K. Total assets increased by 9.3% over the same period, from $264K to $288K. Total functional expenses rose by 156.7%, from $178K to $457K. In its most recent filing year (2023), Still Waters Equestrian Academy reported a deficit of $56K, with expenses exceeding revenue. The organization holds $83K in liabilities against $288K in assets (debt-to-asset ratio: 28.8%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $401K | $457K | $288K | $83K | — | View 990 |
| 2022 | $417K | $451K | $333K | $71K | — | View 990 |
| 2021 | $432K | $431K | $349K | $53K | — | — |
| 2020 | $357K | $301K | $296K | $0 | — | View 990 |
| 2019 | $406K | $350K | $262K | $22K | — | View 990 |
| 2018 | $282K | $315K | $250K | $66K | — | View 990 |
| 2017 | $286K | $298K | $270K | $53K | — | View 990 |
| 2016 | $291K | $302K | $287K | $58K | — | View 990 |
| 2015 | $266K | $290K | $311K | $71K | — | View 990 |
| 2014 | $439K | $178K | $264K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $401K, expenses of $457K, and assets of $288K (revenue -3.9% year-over-year).
- 2022: Revenue of $417K, expenses of $451K, and assets of $333K (revenue -3.5% year-over-year).
- 2021: Revenue of $432K, expenses of $431K, and assets of $349K (revenue +21.1% year-over-year).
- 2020: Revenue of $357K, expenses of $301K, and assets of $296K (revenue -12.2% year-over-year).
- 2019: Revenue of $406K, expenses of $350K, and assets of $262K (revenue +44.2% year-over-year).
- 2018: Revenue of $282K, expenses of $315K, and assets of $250K (revenue -1.7% year-over-year).
- 2017: Revenue of $286K, expenses of $298K, and assets of $270K (revenue -1.6% year-over-year).
- 2016: Revenue of $291K, expenses of $302K, and assets of $287K (revenue +9.6% year-over-year).
- 2015: Revenue of $266K, expenses of $290K, and assets of $311K (revenue -39.5% year-over-year).
- 2014: Revenue of $439K, expenses of $178K, and assets of $264K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Still Waters Equestrian Academy:
Data Sources and Methodology
This transparency report for Still Waters Equestrian Academy 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.