Texas Horsemens Partnership Llp
EIN: 742785702 · Elgin, TX · NTEE: S410
Is Texas Horsemens Partnership Llp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Texas Horsemens Partnership Llp
Texas Horsemens Partnership Llp (EIN: 742785702) is a nonprofit organization based in Elgin, TX, classified under NTEE code S410. The organization reported total revenue of $797K and total assets of $366K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Texas Horsemens Partnership Llp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Texas Horsemens Partnership Llp 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 Horsemens Partnership Llp 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.
Frequently Asked Questions about Texas Horsemens Partnership Llp
Is Texas Horsemens Partnership Llp a legitimate charity?
Based on AI analysis of IRS 990 filings, Texas Horsemens Partnership Llp (EIN: 742785702) insufficient data. 0 red flags identified, 0 strengths noted.
How does Texas Horsemens Partnership Llp spend its money?
Detailed spending breakdown data is not yet available for Texas Horsemens Partnership Llp. Check back for updated IRS 990 analysis.
Are donations to Texas Horsemens Partnership Llp tax-deductible?
Texas Horsemens Partnership Llp is registered as a tax-exempt nonprofit (EIN: 742785702). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Texas Horsemens Partnership Llp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Texas Horsemens Partnership Llp's revenue has grown by 26.4%, moving from $651K to $823K. Total assets increased by 89.8% over the same period, from $261K to $496K. Total functional expenses rose by 26.8%, from $715K to $907K. In its most recent filing year (2023), Texas Horsemens Partnership Llp reported a deficit of $84K, with expenses exceeding revenue. The organization holds $4K in liabilities against $496K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $492K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $823K | $907K | $496K | $4K | — | — |
| 2022 | $996K | $867K | $577K | $1K | — | View 990 |
| 2021 | $937K | $854K | $533K | $86K | — | View 990 |
| 2020 | $926K | $889K | $364K | $226 | — | View 990 |
| 2019 | $705K | $701K | $326K | $-1,877 | — | View 990 |
| 2018 | $711K | $702K | $320K | $-1,880 | — | View 990 |
| 2017 | $736K | $738K | $312K | $0 | — | View 990 |
| 2016 | $885K | $886K | $323K | $10K | — | View 990 |
| 2015 | $747K | $681K | $358K | $46K | — | View 990 |
| 2014 | $680K | $639K | $253K | $6K | — | View 990 |
| 2013 | $620K | $682K | $213K | $29K | — | View 990 |
| 2012 | $653K | $647K | $268K | $24K | — | View 990 |
| 2011 | $651K | $715K | $261K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $823K, expenses of $907K, and assets of $496K (revenue -17.4% year-over-year).
- 2022: Revenue of $996K, expenses of $867K, and assets of $577K (revenue +6.2% year-over-year).
- 2021: Revenue of $937K, expenses of $854K, and assets of $533K (revenue +1.2% year-over-year).
- 2020: Revenue of $926K, expenses of $889K, and assets of $364K (revenue +31.3% year-over-year).
- 2019: Revenue of $705K, expenses of $701K, and assets of $326K (revenue -0.9% year-over-year).
- 2018: Revenue of $711K, expenses of $702K, and assets of $320K (revenue -3.3% year-over-year).
- 2017: Revenue of $736K, expenses of $738K, and assets of $312K (revenue -16.9% year-over-year).
- 2016: Revenue of $885K, expenses of $886K, and assets of $323K (revenue +18.6% year-over-year).
- 2015: Revenue of $747K, expenses of $681K, and assets of $358K (revenue +9.8% year-over-year).
- 2014: Revenue of $680K, expenses of $639K, and assets of $253K (revenue +9.7% year-over-year).
- 2013: Revenue of $620K, expenses of $682K, and assets of $213K (revenue -5.1% year-over-year).
- 2012: Revenue of $653K, expenses of $647K, and assets of $268K (revenue +0.3% year-over-year).
- 2011: Revenue of $651K, expenses of $715K, and assets of $261K.
Data Sources and Methodology
This transparency report for Texas Horsemens Partnership Llp 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.