True Vine Equestrian Center
EIN: 320061907 · Mattawan, MI · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $347K |
| Total Expenses | $294K |
| Net Assets | $120K |
Is True Vine Equestrian Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About True Vine Equestrian Center
True Vine Equestrian Center (EIN: 320061907) is a nonprofit organization based in Mattawan, MI, classified under NTEE code P80. The organization reported total revenue of $347K and total assets of $502K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of True Vine Equestrian Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
True Vine Equestrian Center is a small nonprofit that has been operating for 18 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 32.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $344K |
| Total Expenses | $294K |
| Surplus / Deficit | +$50K |
| Total Assets | $502K |
| Total Liabilities | $382K |
| Net Assets | $120K |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 76.1% |
| Months of Reserves | 20.5 months |
Financial Health Grade: A
In 2022, True Vine Equestrian Center reported a surplus of $50K with revenue exceeding expenses, holds 20.5 months of operating reserves (strong position), has a debt-to-asset ratio of 76.1% (high leverage).
Financial Trends
Over 7 years of filings (2016–2022), True Vine Equestrian Center's revenue has grown at a compound annual growth rate (CAGR) of 32.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +137.6% | +83.8% | +534.0% |
| 2021 | +64.3% | +105.3% | -10.0% |
| 2020 | -8.0% | +14.7% | +19.5% |
| 2019 | +30.5% | -8.5% | +62.8% |
| 2018 | -12.5% | +6.1% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for True Vine Equestrian Center 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 True Vine Equestrian Center 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.1%.
Frequently Asked Questions about True Vine Equestrian Center
Is True Vine Equestrian Center a legitimate charity?
True Vine Equestrian Center (EIN: 320061907) is a registered tax-exempt nonprofit based in Michigan. It has 7 years of IRS 990 filings on record. Total revenue: $347K. No red flags identified. Financial health grade: A.
How does True Vine Equestrian Center spend its money?
True Vine Equestrian Center reported $347K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to True Vine Equestrian Center tax-deductible?
True Vine Equestrian Center is registered as a tax-exempt nonprofit (EIN: 320061907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is True Vine Equestrian Center located?
True Vine Equestrian Center is headquartered in Mattawan, Michigan and files with the IRS under EIN 320061907. It is classified under NTEE code P80.
How many years of IRS 990 filings does True Vine Equestrian Center have?
True Vine Equestrian Center has 7 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 $347K in total revenue.
Filing History
IRS 990 filing history for True Vine Equestrian Center showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), True Vine Equestrian Center's revenue has grown by 428%, moving from $65K to $344K. Total assets increased by 1438.8% over the same period, from $33K to $502K. Total functional expenses rose by 374.4%, from $62K to $294K. In its most recent filing year (2022), True Vine Equestrian Center reported a surplus of $50K, with revenue exceeding expenses. The organization holds $382K in liabilities against $502K in assets (debt-to-asset ratio: 76.1%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $344K | $294K | $502K | $382K | — | View 990 |
| 2021 | $145K | $160K | $79K | $9K | — | View 990 |
| 2020 | $88K | $78K | $88K | $4K | — | — |
| 2019 | $96K | $68K | $74K | $2K | — | View 990 |
| 2018 | $73K | $74K | $45K | $1K | — | View 990 |
| 2017 | $84K | $70K | $47K | $2K | — | View 990 |
| 2016 | $65K | $62K | $33K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $344K, expenses of $294K, and assets of $502K (revenue +137.6% year-over-year).
- 2021: Revenue of $145K, expenses of $160K, and assets of $79K (revenue +64.3% year-over-year).
- 2020: Revenue of $88K, expenses of $78K, and assets of $88K (revenue -8.0% year-over-year).
- 2019: Revenue of $96K, expenses of $68K, and assets of $74K (revenue +30.5% year-over-year).
- 2018: Revenue of $73K, expenses of $74K, and assets of $45K (revenue -12.5% year-over-year).
- 2017: Revenue of $84K, expenses of $70K, and assets of $47K (revenue +28.8% year-over-year).
- 2016: Revenue of $65K, expenses of $62K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for True Vine Equestrian Center:
Data Sources and Methodology
This transparency report for True Vine Equestrian Center 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.