Washington State Horse Park Authority Inc
EIN: 331197391 · Cle Elum, WA · NTEE: D60
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Net Assets | $7.4M |
Is Washington State Horse Park Authority Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washington State Horse Park Authority Inc
Washington State Horse Park Authority Inc (EIN: 331197391) is a nonprofit organization based in Cle Elum, WA, classified under NTEE code D60. The organization reported total revenue of $1.4M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington State Horse Park Authority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington State Horse Park Authority Inc is a mid-size nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$41K |
| Total Assets | $7.5M |
| Total Liabilities | $116K |
| Net Assets | $7.4M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 68.7 months |
Financial Health Grade: A
In 2023, Washington State Horse Park Authority Inc reported a surplus of $41K with revenue exceeding expenses, holds 68.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.5% | +26.7% | -0.2% |
| 2022 | -16.9% | +2.6% | -1.6% |
| 2021 | +41.1% | +84.8% | +0.8% |
| 2020 | -83.9% | -30.4% | -1.8% |
| 2019 | +560.3% | +22.2% | +106.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washington State Horse Park Authority Inc 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 Washington State Horse Park Authority Inc 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 $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Washington State Horse Park Authority Inc
Is Washington State Horse Park Authority Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington State Horse Park Authority Inc (EIN: 331197391) insufficient data. 0 red flags identified, 0 strengths noted.
How does Washington State Horse Park Authority Inc spend its money?
Detailed spending breakdown data is not yet available for Washington State Horse Park Authority Inc. Check back for updated IRS 990 analysis.
Are donations to Washington State Horse Park Authority Inc tax-deductible?
Washington State Horse Park Authority Inc is registered as a tax-exempt nonprofit (EIN: 331197391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washington State Horse Park Authority Inc located?
Washington State Horse Park Authority Inc is headquartered in Cle Elum, Washington and files with the IRS under EIN 331197391. It is classified under NTEE code D60.
How many years of IRS 990 filings does Washington State Horse Park Authority Inc have?
Washington State Horse Park Authority Inc has 14 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Washington State Horse Park Authority Inc showing financial trends over 14 years of public records:
Total assets increased by 232.7% over the same period, from $2.3M to $7.5M. Total functional expenses rose by 4493.9%, from $28K to $1.3M. In its most recent filing year (2023), Washington State Horse Park Authority Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $116K in liabilities against $7.5M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $7.5M | $116K | — | — |
| 2022 | $840K | $1.0M | $7.5M | $169K | — | View 990 |
| 2021 | $1.0M | $1.0M | $7.6M | $102K | — | View 990 |
| 2020 | $716K | $544K | $7.6M | $47K | — | View 990 |
| 2019 | $4.5M | $782K | $7.7M | $358K | — | View 990 |
| 2018 | $675K | $640K | $3.7M | $60K | — | View 990 |
| 2017 | $599K | $613K | $3.7M | $91K | — | — |
| 2016 | $616K | $529K | $3.8M | $99K | — | View 990 |
| 2015 | $434K | $546K | $3.6M | $20K | — | View 990 |
| 2014 | $466K | $509K | $3.7M | $4K | — | View 990 |
| 2013 | $568K | $377K | $3.7M | $15K | — | View 990 |
| 2012 | $286K | $273K | $3.5M | $13K | — | View 990 |
| 2011 | $82K | $54K | $3.5M | $0 | — | View 990 |
| 2011 | $0 | $28K | $2.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $7.5M (revenue +60.5% year-over-year).
- 2022: Revenue of $840K, expenses of $1.0M, and assets of $7.5M (revenue -16.9% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.0M, and assets of $7.6M (revenue +41.1% year-over-year).
- 2020: Revenue of $716K, expenses of $544K, and assets of $7.6M (revenue -83.9% year-over-year).
- 2019: Revenue of $4.5M, expenses of $782K, and assets of $7.7M (revenue +560.3% year-over-year).
- 2018: Revenue of $675K, expenses of $640K, and assets of $3.7M (revenue +12.6% year-over-year).
- 2017: Revenue of $599K, expenses of $613K, and assets of $3.7M (revenue -2.7% year-over-year).
- 2016: Revenue of $616K, expenses of $529K, and assets of $3.8M (revenue +41.8% year-over-year).
- 2015: Revenue of $434K, expenses of $546K, and assets of $3.6M (revenue -6.8% year-over-year).
- 2014: Revenue of $466K, expenses of $509K, and assets of $3.7M (revenue -18.0% year-over-year).
- 2013: Revenue of $568K, expenses of $377K, and assets of $3.7M (revenue +98.6% year-over-year).
- 2012: Revenue of $286K, expenses of $273K, and assets of $3.5M (revenue +247.8% year-over-year).
- 2011: Revenue of $82K, expenses of $54K, and assets of $3.5M.
- 2011: Revenue of $0, expenses of $28K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington State Horse Park Authority Inc:
Data Sources and Methodology
This transparency report for Washington State Horse Park Authority 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.