United States Equestrian Team Foundation Inc
United States Equestrian Team Foundation: Strong Assets, Inconsistent Revenue
EIN: 221668879 · Gladstone, NJ · NTEE: N700 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $18.9M |
| Total Expenses | $7.0M |
| Program Spending | 80% |
| Net Assets | $35.0M |
| Transparency Score | 85/100 |
Is United States Equestrian Team Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United States Equestrian Team Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United States Equestrian Team Foundation Inc
United States Equestrian Team Foundation Inc (EIN: 221668879) is a nonprofit organization based in Gladstone, NJ, classified under NTEE code N700. The organization reported total revenue of $18.9M and total assets of $35.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United States Equestrian Team Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United States Equestrian Team Foundation Inc is a large nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $7.0M |
| Surplus / Deficit | +$274K |
| Total Assets | $35.1M |
| Total Liabilities | $103K |
| Net Assets | $35.0M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 60.5 months |
Financial Health Grade: A
In 2023, United States Equestrian Team Foundation Inc reported a surplus of $274K with revenue exceeding expenses, holds 60.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), United States Equestrian Team Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.7% | +15.3% | +9.0% |
| 2022 | +11.9% | -17.6% | +0.3% |
| 2021 | +70.2% | +36.7% | +6.3% |
| 2020 | -31.5% | -7.5% | +5.2% |
| 2019 | -31.6% | -26.3% | +16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United States Equestrian Team Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, United States Equestrian Team Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $274K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries; however, overall administrative expenses are consistently low relative to total expenditures.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of United States Equestrian Team Foundation Inc's IRS 990 filings:
- Revenue has shown significant fluctuations, from a high of $13,108,462 in 2017 to a low of $3,253,481 in 2016, which could indicate reliance on large, infrequent donations or volatile fundraising.
- Despite revenue fluctuations, total assets have steadily grown from $17,211,516 in 2016 to $35,093,109 in 2023, suggesting effective asset management or significant endowment growth.
Strengths
The following positive indicators were identified for United States Equestrian Team Foundation Inc:
- Consistent growth in total assets, from $17,211,516 in 2016 to $35,093,109 in 2023, demonstrates strong financial stewardship and long-term stability.
- The organization consistently reports 0% lobbying costs, indicating a clear focus on its mission without engaging in political advocacy.
- The organization maintains a healthy asset-to-revenue ratio, suggesting a strong financial cushion to support its operations even during periods of lower revenue.
Frequently Asked Questions about United States Equestrian Team Foundation Inc
Is United States Equestrian Team Foundation Inc a legitimate charity?
United States Equestrian Team Foundation Inc (EIN: 221668879) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $18.9M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does United States Equestrian Team Foundation Inc spend its money?
United States Equestrian Team Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to United States Equestrian Team Foundation Inc tax-deductible?
United States Equestrian Team Foundation Inc is registered as a tax-exempt nonprofit (EIN: 221668879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of United States Equestrian Team Foundation Inc's spending goes to programs?
United States Equestrian Team Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does United States Equestrian Team Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), United States Equestrian Team Foundation Inc is above average for NTEE category N700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United States Equestrian Team Foundation Inc located?
United States Equestrian Team Foundation Inc is headquartered in Gladstone, New Jersey and files with the IRS under EIN 221668879. It is classified under NTEE code N700.
How many years of IRS 990 filings does United States Equestrian Team Foundation Inc have?
United States Equestrian Team Foundation Inc has 13 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 $18.9M in total revenue.
What does United States Equestrian Team Foundation Inc do?
United States Equestrian Team Foundation Inc is a nonprofit organization in the Recreation & Sports sector, located in Gladstone, New Jersey. It is classified under NTEE code N700.
How much revenue does United States Equestrian Team Foundation Inc have?
United States Equestrian Team Foundation Inc reported total revenue of $18,866,351. Based on 13 IRS 990 filings on record.
What are United States Equestrian Team Foundation Inc's total assets?
United States Equestrian Team Foundation Inc holds total assets of $35,631,244 as reported in IRS 990 filings.
Where is United States Equestrian Team Foundation Inc located?
United States Equestrian Team Foundation Inc is based in Gladstone, New Jersey.
What is United States Equestrian Team Foundation Inc's EIN?
United States Equestrian Team Foundation Inc's Employer Identification Number (EIN) is 221668879. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is United States Equestrian Team Foundation Inc?
United States Equestrian Team Foundation Inc is classified under NTEE code N700 (Recreation & Sports).
Is United States Equestrian Team Foundation Inc a registered 501(c)(3)?
Yes, United States Equestrian Team Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 221668879.
Does United States Equestrian Team Foundation Inc file IRS Form 990?
Yes, United States Equestrian Team Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was United States Equestrian Team Foundation Inc's revenue in 2023?
In the 202312 filing period, United States Equestrian Team Foundation Inc reported total revenue of $7,229,616, total expenses of $6,955,954, and net assets of $35,093,109.
Is United States Equestrian Team Foundation Inc's revenue growing or declining?
United States Equestrian Team Foundation Inc's revenue is declining. Revenue went from $9,996,960 (202212) to $7,229,616 (202312), a -27.7% change. Based on 13 filings on record.
What is United States Equestrian Team Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for United States Equestrian Team Foundation Inc covers tax period 202312. It shows revenue of $7,229,616, expenses of $6,955,954, total assets of $35,093,109, and liabilities of $102,524.
How much does United States Equestrian Team Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, United States Equestrian Team Foundation Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is United States Equestrian Team Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, United States Equestrian Team Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for United States Equestrian Team Foundation Inc?
The following concerns were identified: Revenue has shown significant fluctuations, from a high of $13,108,462 in 2017 to a low of $3,253,481 in 2016, which could indicate reliance on large, infrequent donations or volatile fundraising.. Despite revenue fluctuations, total assets have steadily grown from $17,211,516 in 2016 to $35,093,109 in 2023, suggesting effective asset management or significant endowment growth.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are United States Equestrian Team Foundation Inc's strengths?
Positive indicators for United States Equestrian Team Foundation Inc include: Consistent growth in total assets, from $17,211,516 in 2016 to $35,093,109 in 2023, demonstrates strong financial stewardship and long-term stability.. The organization consistently reports 0% lobbying costs, indicating a clear focus on its mission without engaging in political advocacy.. The organization maintains a healthy asset-to-revenue ratio, suggesting a strong financial cushion to support its operations even during periods of lower revenue.. These findings are derived from AI analysis of the organization's financial filings.
How does United States Equestrian Team Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries; however, overall administrative expenses are consistently low relative to total expenditures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to grow its assets consistently despite significant year-to-year revenue volatility?
The consistent growth in assets, from $17,211,516 in 2016 to $35,093,109 in 2023, despite revenue fluctuations (e.g., $13,108,462 in 2017 vs. $3,253,481 in 2016), suggests a robust investment strategy for its existing capital or a significant portion of its revenue is allocated to long-term asset building rather than immediate expenditure.
What factors contribute to the wide range in annual revenue, and how does this impact operational planning?
Annual revenue has varied significantly, from $3,253,481 in 2016 to $13,108,462 in 2017. This volatility could be due to reliance on a few large donors, cyclical fundraising events, or economic factors affecting donor capacity. Such fluctuations would necessitate flexible operational planning and strong reserve funds to ensure consistent program delivery.
Filing History
IRS 990 filing history for United States Equestrian Team Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United States Equestrian Team Foundation Inc's revenue has declined by 7.4%, moving from $7.8M to $7.2M. Total assets increased by 127% over the same period, from $15.5M to $35.1M. Total functional expenses rose by 57.6%, from $4.4M to $7.0M. In its most recent filing year (2023), United States Equestrian Team Foundation Inc reported a surplus of $274K, with revenue exceeding expenses. The organization holds $103K in liabilities against $35.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $35.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $7.0M | $35.1M | $103K | — | View 990 |
| 2022 | $10.0M | $6.0M | $32.2M | $99K | — | — |
| 2021 | $8.9M | $7.3M | $32.1M | $68K | — | View 990 |
| 2020 | $5.2M | $5.4M | $30.2M | $438K | — | — |
| 2019 | $7.7M | $5.8M | $28.7M | $105K | — | View 990 |
| 2018 | $11.2M | $7.9M | $24.6M | $21K | — | View 990 |
| 2017 | $13.1M | $6.5M | $25.7M | $562K | — | View 990 |
| 2016 | $3.3M | $6.9M | $17.2M | $72K | — | View 990 |
| 2015 | $6.9M | $5.9M | $20.9M | $169K | — | View 990 |
| 2014 | $5.8M | $6.1M | $20.2M | $44K | — | View 990 |
| 2013 | $7.3M | $4.5M | $20.2M | $27K | — | View 990 |
| 2012 | $6.4M | $6.0M | $16.5M | $16K | — | View 990 |
| 2011 | $7.8M | $4.4M | $15.5M | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $7.0M, and assets of $35.1M (revenue -27.7% year-over-year).
- 2022: Revenue of $10.0M, expenses of $6.0M, and assets of $32.2M (revenue +11.9% year-over-year).
- 2021: Revenue of $8.9M, expenses of $7.3M, and assets of $32.1M (revenue +70.2% year-over-year).
- 2020: Revenue of $5.2M, expenses of $5.4M, and assets of $30.2M (revenue -31.5% year-over-year).
- 2019: Revenue of $7.7M, expenses of $5.8M, and assets of $28.7M (revenue -31.6% year-over-year).
- 2018: Revenue of $11.2M, expenses of $7.9M, and assets of $24.6M (revenue -14.7% year-over-year).
- 2017: Revenue of $13.1M, expenses of $6.5M, and assets of $25.7M (revenue +302.9% year-over-year).
- 2016: Revenue of $3.3M, expenses of $6.9M, and assets of $17.2M (revenue -52.8% year-over-year).
- 2015: Revenue of $6.9M, expenses of $5.9M, and assets of $20.9M (revenue +19.0% year-over-year).
- 2014: Revenue of $5.8M, expenses of $6.1M, and assets of $20.2M (revenue -21.1% year-over-year).
- 2013: Revenue of $7.3M, expenses of $4.5M, and assets of $20.2M (revenue +13.9% year-over-year).
- 2012: Revenue of $6.4M, expenses of $6.0M, and assets of $16.5M (revenue -17.4% year-over-year).
- 2011: Revenue of $7.8M, expenses of $4.4M, and assets of $15.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United States Equestrian Team Foundation Inc:
Data Sources and Methodology
This transparency report for United States Equestrian Team Foundation 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.