Texas Arabian Breeders Association
EIN: 742503061 · Hempstead, TX · NTEE: D99
| Metric | Value |
|---|---|
| Total Revenue | $875K |
| Total Expenses | $583K |
| Net Assets | $22K |
Is Texas Arabian Breeders Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Texas Arabian Breeders Association
Texas Arabian Breeders Association (EIN: 742503061) is a nonprofit organization based in Hempstead, TX, classified under NTEE code D99. The organization reported total revenue of $875K and total assets of $219K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Texas Arabian Breeders Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Texas Arabian Breeders Association is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $587K |
| Total Expenses | $583K |
| Surplus / Deficit | +$3K |
| Total Assets | $52K |
| Total Liabilities | $30K |
| Net Assets | $22K |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 57.8% |
| Months of Reserves | 1.1 months |
Financial Health Grade: B
In 2023, Texas Arabian Breeders Association reported a surplus of $3K with revenue exceeding expenses, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 57.8% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Texas Arabian Breeders Association 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 Texas Arabian Breeders Association 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.8%.
Frequently Asked Questions about Texas Arabian Breeders Association
Is Texas Arabian Breeders Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Texas Arabian Breeders Association (EIN: 742503061) insufficient data. 0 red flags identified, 0 strengths noted.
How does Texas Arabian Breeders Association spend its money?
Detailed spending breakdown data is not yet available for Texas Arabian Breeders Association. Check back for updated IRS 990 analysis.
Are donations to Texas Arabian Breeders Association tax-deductible?
Texas Arabian Breeders Association is registered as a tax-exempt nonprofit (EIN: 742503061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Texas Arabian Breeders Association located?
Texas Arabian Breeders Association is headquartered in Hempstead, Texas and files with the IRS under EIN 742503061. It is classified under NTEE code D99.
Filing History
IRS 990 filing history for Texas Arabian Breeders Association showing financial trends over 1 year of public records:
In its most recent filing year (2023), Texas Arabian Breeders Association reported a surplus of $3K, with revenue exceeding expenses. The organization holds $30K in liabilities against $52K in assets (debt-to-asset ratio: 57.8%), resulting in net assets of $22K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $587K | $583K | $52K | $30K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Texas Arabian Breeders Association:
Data Sources and Methodology
This transparency report for Texas Arabian Breeders Association 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.