Young Hearts Therapeutic Riding
EIN: 871644695 · Enumclaw, WA · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $122K |
| Net Assets | $40K |
Is Young Hearts Therapeutic Riding Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Young Hearts Therapeutic Riding
Young Hearts Therapeutic Riding (EIN: 871644695) is a nonprofit organization based in Enumclaw, WA, classified under NTEE code E50. The organization reported total revenue of $159K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Hearts Therapeutic Riding's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Hearts Therapeutic Riding is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $122K |
| Surplus / Deficit | +$11K |
| Total Assets | $43K |
| Total Liabilities | $4K |
| Net Assets | $40K |
| Operating Margin | 8.0% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Young Hearts Therapeutic Riding reported a surplus of $11K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Young Hearts Therapeutic Riding's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.0% | +16.4% | +40.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Young Hearts Therapeutic Riding 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 Young Hearts Therapeutic Riding 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Frequently Asked Questions about Young Hearts Therapeutic Riding
Is Young Hearts Therapeutic Riding a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Hearts Therapeutic Riding (EIN: 871644695) insufficient data. 0 red flags identified, 0 strengths noted.
How does Young Hearts Therapeutic Riding spend its money?
Detailed spending breakdown data is not yet available for Young Hearts Therapeutic Riding. Check back for updated IRS 990 analysis.
Are donations to Young Hearts Therapeutic Riding tax-deductible?
Young Hearts Therapeutic Riding is registered as a tax-exempt nonprofit (EIN: 871644695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Young Hearts Therapeutic Riding located?
Young Hearts Therapeutic Riding is headquartered in Enumclaw, Washington and files with the IRS under EIN 871644695. It is classified under NTEE code E50.
How many years of IRS 990 filings does Young Hearts Therapeutic Riding have?
Young Hearts Therapeutic Riding has 2 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 $159K in total revenue.
Filing History
IRS 990 filing history for Young Hearts Therapeutic Riding showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Young Hearts Therapeutic Riding's revenue has grown by 14%, moving from $116K to $132K. Total assets increased by 40.9% over the same period, from $31K to $43K. Total functional expenses rose by 16.4%, from $105K to $122K. In its most recent filing year (2023), Young Hearts Therapeutic Riding reported a surplus of $11K, with revenue exceeding expenses. The organization holds $4K in liabilities against $43K in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $40K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $132K | $122K | $43K | $4K | — | — |
| 2022 | $116K | $105K | $31K | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Hearts Therapeutic Riding:
Data Sources and Methodology
This transparency report for Young Hearts Therapeutic Riding 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.