War Horse News
EIN: 821669255 · Cleveland, OH · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Net Assets | $668K |
Is War Horse News Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About War Horse News
War Horse News (EIN: 821669255) is a nonprofit organization based in Cleveland, OH, classified under NTEE code W30. The organization reported total revenue of $1.2M and total assets of $808K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of War Horse News's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
War Horse News is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 62.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-98,679 |
| Total Assets | $739K |
| Total Liabilities | $71K |
| Net Assets | $668K |
| Operating Margin | -8.0% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2023, War Horse News reported a deficit of $99K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), War Horse News's revenue has grown at a compound annual growth rate (CAGR) of 62.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.9% | +65.9% | -10.8% |
| 2022 | +16.8% | +54.8% | +10.6% |
| 2021 | +157.1% | +260.7% | +178.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for War Horse News 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 War Horse News 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 deficit of $99K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.6%.
Frequently Asked Questions about War Horse News
Is War Horse News a legitimate charity?
War Horse News (EIN: 821669255) is a registered tax-exempt nonprofit based in Ohio. It has 4 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: B.
How does War Horse News spend its money?
War Horse News reported $1.2M in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to War Horse News tax-deductible?
War Horse News is registered as a tax-exempt nonprofit (EIN: 821669255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is War Horse News located?
War Horse News is headquartered in Cleveland, Ohio and files with the IRS under EIN 821669255. It is classified under NTEE code W30.
How many years of IRS 990 filings does War Horse News have?
War Horse News has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for War Horse News showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), War Horse News's revenue has grown by 332%, moving from $285K to $1.2M. Total assets increased by 175% over the same period, from $269K to $739K. Total functional expenses rose by 826.1%, from $143K to $1.3M. In its most recent filing year (2023), War Horse News reported a deficit of $99K, with expenses exceeding revenue. The organization holds $71K in liabilities against $739K in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $668K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $739K | $71K | — | View 990 |
| 2022 | $855K | $801K | $829K | $62K | — | — |
| 2021 | $732K | $517K | $749K | $37K | — | View 990 |
| 2020 | $285K | $143K | $269K | $26K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $739K (revenue +43.9% year-over-year).
- 2022: Revenue of $855K, expenses of $801K, and assets of $829K (revenue +16.8% year-over-year).
- 2021: Revenue of $732K, expenses of $517K, and assets of $749K (revenue +157.1% year-over-year).
- 2020: Revenue of $285K, expenses of $143K, and assets of $269K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for War Horse News:
Data Sources and Methodology
This transparency report for War Horse News 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.