Equamore Foundation

Nonprofit profile at a glance

EIN
462853049
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-N 2014
Location
Ashland, OR, USA
Phone
5414825550
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$1,165,407
Expenses
$496,104
Assets
$658,402
Liabilities
$3,634

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

Leadership & pay

6 people listed

Executive titles in this filing

  • LINDA DAVIS (EXECUTIVE DIRECTOR)
  • PETER MCCARVILLE (PRESIDENT)
  • JAN STOVER (DIRECTOR/VICE PRESIDENT)

Highest reported compensation

  • LINDA DAVIS (EXECUTIVE DIRECTOR): $76,092 total reported compensation

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

Overview

Mission

An animal welfare organization supported entirely by donations anddedicated to horses without alternatives. The organization serveshorses that are abused, neglected, unwanted, and aged who have noalternatives for their care.

What it reported doing in 2025

Sanctuary for abused and neglected equines: the foundation providesrescue and sanctuary to abused, neglected and abandoned horses who haveno other alternative for life. To help fund our sanctuary operationsand the care of our approximately 60 equines, we have "friends ofequamore". Donors may become "friends of equamore" by participating inour "buy-a-bale program and through our horse sponsorship program. Forour buy-a-bale program, donors pledge a monthly recurring donation ofat least $20 (the average cost of a bale of hay). Additionally, one ormore donor may choose to sponsor a particular horse by donating all ora portion of the cost of caring for a specific horse they select. Thosedonors also often establish a relationship with the horse they sponsor, benefiting both the donor and the horse. Our year round buy-a-bale

Operating model

Revenue model
Donor-supported. 97% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 69
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.3%; rating input score 41
  • Program expense ratio: 94.8%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 22nd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 57.4%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 1.33; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 15.3%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 6.2% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: 17.3% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: -4.7% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 41.3% of revenue deployed · 94.8% of spending went to programs
  • Governance: 5 of 6 board members independent · 3 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $470K in reported program spending
  • Leadership: top reported pay $76K · 6 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.