Suncatcher Therapeutic Riding Academy Inc
EIN: 460461253 · Rapid City, SD · NTEE: N69
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $131K |
| Net Assets | $51K |
Is Suncatcher Therapeutic Riding Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Suncatcher Therapeutic Riding Academy Inc
Suncatcher Therapeutic Riding Academy Inc (EIN: 460461253) is a nonprofit organization based in Rapid City, SD, classified under NTEE code N69. The organization reported total revenue of $150K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suncatcher Therapeutic Riding Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Suncatcher Therapeutic Riding Academy Inc is a small nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $131K |
| Surplus / Deficit | +$19K |
| Total Assets | $58K |
| Total Liabilities | $7K |
| Net Assets | $51K |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2023, Suncatcher Therapeutic Riding Academy Inc reported a surplus of $19K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Suncatcher Therapeutic Riding Academy Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.8% | +20.7% | +48.4% |
| 2022 | +36.3% | +48.1% | +17.1% |
| 2021 | +46.3% | +8.1% | +34.1% |
| 2020 | -29.6% | -25.7% | -23.8% |
| 2019 | -24.5% | +6.2% | -18.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Suncatcher Therapeutic Riding Academy Inc 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 Suncatcher Therapeutic Riding Academy Inc 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 $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.3%.
Frequently Asked Questions about Suncatcher Therapeutic Riding Academy Inc
Is Suncatcher Therapeutic Riding Academy Inc a legitimate charity?
Suncatcher Therapeutic Riding Academy Inc (EIN: 460461253) is a registered tax-exempt nonprofit based in South Dakota. It has 14 years of IRS 990 filings on record. Total revenue: $150K. No red flags identified. Financial health grade: A.
How does Suncatcher Therapeutic Riding Academy Inc spend its money?
Suncatcher Therapeutic Riding Academy Inc reported $150K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Suncatcher Therapeutic Riding Academy Inc tax-deductible?
Suncatcher Therapeutic Riding Academy Inc is registered as a tax-exempt nonprofit (EIN: 460461253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Suncatcher Therapeutic Riding Academy Inc located?
Suncatcher Therapeutic Riding Academy Inc is headquartered in Rapid City, South Dakota and files with the IRS under EIN 460461253. It is classified under NTEE code N69.
How many years of IRS 990 filings does Suncatcher Therapeutic Riding Academy Inc have?
Suncatcher Therapeutic Riding Academy Inc has 14 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 $150K in total revenue.
Filing History
IRS 990 filing history for Suncatcher Therapeutic Riding Academy Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Suncatcher Therapeutic Riding Academy Inc's revenue has declined by 8.4%, moving from $164K to $150K. Total assets decreased by 62.5% over the same period, from $154K to $58K. Total functional expenses fell by 8.5%, from $144K to $131K. In its most recent filing year (2023), Suncatcher Therapeutic Riding Academy Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $7K in liabilities against $58K in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $51K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $131K | $58K | $7K | — | — |
| 2022 | $113K | $109K | $39K | $7K | — | View 990 |
| 2021 | $83K | $73K | $33K | $6K | — | View 990 |
| 2020 | $57K | $68K | $25K | $7K | — | — |
| 2019 | $81K | $91K | $33K | $3K | — | View 990 |
| 2018 | $107K | $86K | $40K | $0 | — | View 990 |
| 2017 | $57K | $59K | $20K | $721 | — | View 990 |
| 2016 | $52K | $55K | $21K | $25K | — | View 990 |
| 2015 | $37K | $58K | $40K | $86K | — | View 990 |
| 2014 | $105K | $91K | $64K | $88K | — | View 990 |
| 2013 | $149K | $152K | $159K | $88K | — | View 990 |
| 2012 | $151K | $164K | $158K | $84K | — | View 990 |
| 2011 | $173K | $156K | $169K | $82K | — | View 990 |
| 2010 | $164K | $144K | $154K | $84K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $131K, and assets of $58K (revenue +32.8% year-over-year).
- 2022: Revenue of $113K, expenses of $109K, and assets of $39K (revenue +36.3% year-over-year).
- 2021: Revenue of $83K, expenses of $73K, and assets of $33K (revenue +46.3% year-over-year).
- 2020: Revenue of $57K, expenses of $68K, and assets of $25K (revenue -29.6% year-over-year).
- 2019: Revenue of $81K, expenses of $91K, and assets of $33K (revenue -24.5% year-over-year).
- 2018: Revenue of $107K, expenses of $86K, and assets of $40K (revenue +88.0% year-over-year).
- 2017: Revenue of $57K, expenses of $59K, and assets of $20K (revenue +9.3% year-over-year).
- 2016: Revenue of $52K, expenses of $55K, and assets of $21K (revenue +41.8% year-over-year).
- 2015: Revenue of $37K, expenses of $58K, and assets of $40K (revenue -65.1% year-over-year).
- 2014: Revenue of $105K, expenses of $91K, and assets of $64K (revenue -29.7% year-over-year).
- 2013: Revenue of $149K, expenses of $152K, and assets of $159K (revenue -1.1% year-over-year).
- 2012: Revenue of $151K, expenses of $164K, and assets of $158K (revenue -12.6% year-over-year).
- 2011: Revenue of $173K, expenses of $156K, and assets of $169K (revenue +5.2% year-over-year).
- 2010: Revenue of $164K, expenses of $144K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Suncatcher Therapeutic Riding Academy Inc:
Data Sources and Methodology
This transparency report for Suncatcher Therapeutic Riding Academy 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.