Western New York Harness Horsemens Association Inc
Western New York Harness Horsemens Association Inc consistently generates surpluses and maintains low liabilities.
EIN: 160874671 · Batavia, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Western New York Harness Horsemens Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Western New York Harness Horsemens Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Western New York Harness Horsemens Association Inc
Western New York Harness Horsemens Association Inc (EIN: 160874671) is a nonprofit organization based in Batavia, NY. The organization reported total revenue of $1.8M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western New York Harness Horsemens Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western New York Harness Horsemens Association Inc is a mid-size nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$168K |
| Total Assets | $1.8M |
| Total Liabilities | $5K |
| Net Assets | $1.8M |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 13.8 months |
Financial Health Grade: A
In 2023, Western New York Harness Horsemens Association Inc reported a surplus of $168K with revenue exceeding expenses, holds 13.8 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), Western New York Harness Horsemens Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +15.0% | +11.1% |
| 2022 | +10.1% | +41.0% | +7.0% |
| 2021 | +101.6% | +27.1% | +38.7% |
| 2020 | -49.8% | -48.1% | -6.3% |
| 2019 | +5.8% | -1.2% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
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 Western New York Harness Horsemens Association 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: 85%
- fundraising: 5%
According to IRS 990 filings, Western New York Harness Horsemens Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $168K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated below IRS reporting thresholds, which is a positive indicator for resource allocation.
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.
Strengths
The following positive indicators were identified for Western New York Harness Horsemens Association Inc:
- Consistent positive net income, with surpluses of $168,074 in 2023 and $170,214 in 2022.
- Strong asset growth, reaching $1,809,751 in 2023 from $1,097,636 in 2020.
- Extremely low liabilities, consistently under $5,000, indicating minimal debt.
- No reported officer compensation, suggesting efficient use of funds for mission.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
Frequently Asked Questions about Western New York Harness Horsemens Association Inc
Is Western New York Harness Horsemens Association Inc a legitimate charity?
Western New York Harness Horsemens Association Inc (EIN: 160874671) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Western New York Harness Horsemens Association Inc spend its money?
Western New York Harness Horsemens Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Western New York Harness Horsemens Association Inc tax-deductible?
Western New York Harness Horsemens Association Inc is registered as a tax-exempt nonprofit (EIN: 160874671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Western New York Harness Horsemens Association Inc's spending goes to programs?
Western New York Harness Horsemens Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Western New York Harness Horsemens Association Inc located?
Western New York Harness Horsemens Association Inc is headquartered in Batavia, New York and files with the IRS under EIN 160874671.
How many years of IRS 990 filings does Western New York Harness Horsemens Association Inc have?
Western New York Harness Horsemens Association 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 $1.8M in total revenue.
What are the specific program activities funded by the organization?
While the filings show overall expenses, a detailed breakdown of program activities is not provided in the summary data. Further review of the full 990 forms would be needed to understand specific programs.
How does the organization manage its significant revenue surpluses?
The consistent surpluses, such as $168,074 in 2023 and $170,214 in 2022, contribute to the growth of assets, which reached $1,809,751 in 2023. This indicates a strategy of building reserves, likely for future initiatives or financial stability.
Is the organization's NTEE code truly 'Unknown' or just not provided in this summary?
The provided data states 'NTEE Code: Unknown'. A full 990 form would typically include this information, which helps classify the organization's primary purpose.
Filing History
IRS 990 filing history for Western New York Harness Horsemens Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Western New York Harness Horsemens Association Inc's revenue has grown by 32.4%, moving from $1.3M to $1.7M. Total assets increased by 26.5% over the same period, from $1.4M to $1.8M. Total functional expenses rose by 45.1%, from $1.1M to $1.6M. In its most recent filing year (2023), Western New York Harness Horsemens Association Inc reported a surplus of $168K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.8M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $1.8M | $5K | — | — |
| 2022 | $1.5M | $1.4M | $1.6M | $5K | — | View 990 |
| 2021 | $1.4M | $973K | $1.5M | $4K | — | View 990 |
| 2020 | $694K | $766K | $1.1M | $3K | — | — |
| 2019 | $1.4M | $1.5M | $1.2M | $4K | — | View 990 |
| 2018 | $1.3M | $1.5M | $1.2M | $4K | — | View 990 |
| 2017 | $1.3M | $1.5M | $1.5M | $4K | — | View 990 |
| 2016 | $1.3M | $1.4M | $1.6M | $4K | — | View 990 |
| 2015 | $1.3M | $1.3M | $1.7M | $4K | — | View 990 |
| 2014 | $1.4M | $1.3M | $1.7M | $3K | — | View 990 |
| 2013 | $1.4M | $1.3M | $1.6M | $3K | — | View 990 |
| 2012 | $1.4M | $1.3M | $1.6M | $3K | — | View 990 |
| 2011 | $1.3M | $1.1M | $1.4M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $1.8M (revenue +13.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $1.6M (revenue +10.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $973K, and assets of $1.5M (revenue +101.6% year-over-year).
- 2020: Revenue of $694K, expenses of $766K, and assets of $1.1M (revenue -49.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $1.2M (revenue +5.8% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.5M, and assets of $1.2M (revenue +3.2% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.5M, and assets of $1.5M (revenue -4.6% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $1.6M (revenue +2.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $1.7M (revenue -6.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $1.7M (revenue +1.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $1.6M (revenue -4.0% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $1.6M (revenue +7.8% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western New York Harness Horsemens Association Inc:
Data Sources and Methodology
This transparency report for Western New York Harness Horsemens Association 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.