Equine International Corp

Nonprofit profile at a glance

EIN
883871494
IRS 990-EZ coverage
2023–2025
Forms available
Form 990 2022, Form 990-EZ 2025, Form 990-N 2024
Location
Boston, MA, USA
Phone
5125175227
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$12,403
Expenses
$20,943
Assets
$12,067

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Emily Kieson (Executive Director)

People named in this filing

  • Christine Rudd (Research Director)
  • Kristen Stine (Board Member)
  • Emily Kieson (Executive 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

Equine International Corp. conducts research and develops accessible educational materials on equine behavior, welfare, and equine-human interactions. Its mission is to improve equine-assisted services (EAS) and promote ethical, relational approaches to horse-human partnerships through science-based programming and community engagement.

What it reported doing in 2025

As part of an international research project funded by the Ann Kern-Godal Foundation, the organization made a final payment to a researcher (as part of the grant funding) for $10,947 this payment. This payment supported the final phases of a horse-human ethogram project designed to improve equine welfare in EAS settings.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 80% for direct work, and 20% for grants.

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: 100
  • Transparency & Controls: 82
  • Sustainability: 15
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

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

Sustainability

  • Operating margin: -68.9%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 61.4%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 17% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 32.4% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 59.7% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $21K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 10/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.