Wild Hearts Equine Therapeutic Center Inc
EIN: 474582504 · Seneca, SC · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $663K |
| Total Expenses | $363K |
| Net Assets | $243K |
Is Wild Hearts Equine Therapeutic Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wild Hearts Equine Therapeutic Center Inc
Wild Hearts Equine Therapeutic Center Inc (EIN: 474582504) is a nonprofit organization based in Seneca, SC, classified under NTEE code E50. The organization reported total revenue of $663K and total assets of $841K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wild Hearts Equine Therapeutic Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wild Hearts Equine Therapeutic Center Inc is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of 42.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $371K |
| Total Expenses | $363K |
| Surplus / Deficit | +$8K |
| Total Assets | $623K |
| Total Liabilities | $380K |
| Net Assets | $243K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 61.0% |
| Months of Reserves | 20.6 months |
Financial Health Grade: A
In 2024, Wild Hearts Equine Therapeutic Center Inc reported a surplus of $8K with revenue exceeding expenses, holds 20.6 months of operating reserves (strong position), has a debt-to-asset ratio of 61.0% (high leverage).
Financial Trends
Over 6 years of filings (2019–2024), Wild Hearts Equine Therapeutic Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 42.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.9% | +3.0% | -0.4% |
| 2023 | -27.3% | +33.0% | -4.8% |
| 2022 | +92.5% | +31.3% | +489.2% |
| 2021 | +117.9% | +129.5% | +37.8% |
| 2020 | +70.9% | +57.6% | +172.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wild Hearts Equine Therapeutic Center 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 Wild Hearts Equine Therapeutic Center 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.0%.
Frequently Asked Questions about Wild Hearts Equine Therapeutic Center Inc
Is Wild Hearts Equine Therapeutic Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wild Hearts Equine Therapeutic Center Inc (EIN: 474582504) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wild Hearts Equine Therapeutic Center Inc spend its money?
Detailed spending breakdown data is not yet available for Wild Hearts Equine Therapeutic Center Inc. Check back for updated IRS 990 analysis.
Are donations to Wild Hearts Equine Therapeutic Center Inc tax-deductible?
Wild Hearts Equine Therapeutic Center Inc is registered as a tax-exempt nonprofit (EIN: 474582504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wild Hearts Equine Therapeutic Center Inc located?
Wild Hearts Equine Therapeutic Center Inc is headquartered in Seneca, South Carolina and files with the IRS under EIN 474582504. It is classified under NTEE code E50.
How many years of IRS 990 filings does Wild Hearts Equine Therapeutic Center Inc have?
Wild Hearts Equine Therapeutic Center Inc has 6 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 $663K in total revenue.
Filing History
IRS 990 filing history for Wild Hearts Equine Therapeutic Center Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Wild Hearts Equine Therapeutic Center Inc's revenue has grown by 494.5%, moving from $62K to $371K. Total assets increased by 1995.4% over the same period, from $30K to $623K. Total functional expenses rose by 550.2%, from $56K to $363K. In its most recent filing year (2024), Wild Hearts Equine Therapeutic Center Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $380K in liabilities against $623K in assets (debt-to-asset ratio: 61.0%), resulting in net assets of $243K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $371K | $363K | $623K | $380K | — | — |
| 2023 | $325K | $352K | $626K | $391K | — | — |
| 2022 | $447K | $265K | $657K | $396K | — | View 990 |
| 2021 | $232K | $202K | $112K | $33K | — | — |
| 2020 | $107K | $88K | $81K | $33K | — | View 990 |
| 2019 | $62K | $56K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $371K, expenses of $363K, and assets of $623K (revenue +13.9% year-over-year).
- 2023: Revenue of $325K, expenses of $352K, and assets of $626K (revenue -27.3% year-over-year).
- 2022: Revenue of $447K, expenses of $265K, and assets of $657K (revenue +92.5% year-over-year).
- 2021: Revenue of $232K, expenses of $202K, and assets of $112K (revenue +117.9% year-over-year).
- 2020: Revenue of $107K, expenses of $88K, and assets of $81K (revenue +70.9% year-over-year).
- 2019: Revenue of $62K, expenses of $56K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wild Hearts Equine Therapeutic Center Inc:
Data Sources and Methodology
This transparency report for Wild Hearts Equine Therapeutic Center 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.