Equine Aid

Nonprofit profile at a glance

EIN
270939854
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Monroe, WA, USA
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$64,055
Expenses
$80,929
Assets
$5,408

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Geri Vincent (President)

People named in this filing

  • Geri Vincent (President)
  • Lennis Mullin (Director)
  • Sabato Sorice (Director Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Sanctuary for equines.To provide lifetime sanctuary for the equines we have previously rescued and to remain a voice against all abuse.

What it reported doing in 2024

See Schedule O: Equine Aids exempt purpose is to provide continued care for the 20 equines who were not adopted. Equines are provided nutritional veterinarian care housing rehabilitation and training in a lifelong sanctuary within the rescue. This is both the purpose and our service. To this end all monies donated are used to accomplish our mission. Equine Aids expenses are not categorized into separate service accomplishments. Rather our operating expenses are addressed in Part I lines 10-17. Equine Aid is committed to accepting back any of our place animals that can not be kept by their adopter. Ongoing public outreach with visitors: Good horse keeping. Things we can all do to help protect the environment. We share information on efforts to end the slaughter of American horses.

Operating model

Revenue model
Donor-supported. 100% 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: 96
  • Transparency & Controls: 100
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.1%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -26.3%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 5% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $73K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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 20/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.