Elegius Mini Equine Sanctuary

Nonprofit profile at a glance

EIN
814844371
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
McDowell, VA, USA
Phone
5403964720
Rating
89
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$83,880
Expenses
$116,595
Assets
$154,506
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Koressa Malcolm (CEO, Director)

People named in this filing

  • Koressa Malcolm (CEO, Director)
  • Joseph Malcolm (Director, Secretary and Treasurer)
  • RachelCarden (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provides care for unwanted, neglected or abused small equines. Care includes daily grooming, feed, veterinary care, farrier care, behavioral training and housing. Adoption services for eligible equines are also provided. Outreach to other organizations or individuals in need is also provided, including feed, medicine, veterinary services, and transport.

What it reported doing in 2025

In 2025 a total of 44 equines received assistance. This included 23 residents, 13 adoptions, 16 intakes, 2 euthanasias, and 3 owner assists. Provided transportation to or from EMES for 28 equines. Hosted 364 visitors to the Sanctuary for educational tours. Participated in 3 community events to showcase the Sanctuary and educate the public. Obtained a Gold level rating with Guidestar. Completed the EQUUS Foundation application for Guardian status. Added 4 new run in sheds, upgraded wiring in stables to place all wiring in conduits. Removed 5 dead or dying trees from the pastures. Created an additional quarantine area. Replaced much old fencing with new board fencing.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -39%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.33; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 28.3% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 22% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 40.5% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $110K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 15/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.