Foxfield Equestrian Team

Nonprofit profile at a glance

EIN: 770004187
IRS 990-EZ coverage: 2010–2013
Forms available: Form 990-EZ 2013, Form 990-N 2013
Location: Westlake Village, CA, USA
Phone: 8054963060
Rating: 56
Verdict: MIXED
Rating confidence: Moderate
Sector: Human Services

Reported finances

Revenue: $4,213
Expenses: $3,523
Assets: $27,736

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

NANCY TURRILL (President)

People named in this filing

NANCY TURRILL (President)
KATE BJORK (Secretary)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Teaching the underprivileged to ride.

What it reported doing in 2013

Club participated in Horse Shows, Parades and provided opportunities for increased riding skills in underprivileged population.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 38
Transparency & Controls: 82
Sustainability: 68
Growth: 20

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 34.7%; rating input score 35
Program expense ratio: 41.5%; rating input score 42

Transparency & Controls

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

Sustainability

Operating margin: 16.4%; rating input score 73; 73rd percentile among comparable filings
Total-asset coverage ratio: 7.87; rating input score 90; 90th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: -36.3% per year; rating input score 0; 13th percentile among comparable filings
Asset growth: 1.6% per year; rating input score 100; 51st percentile among comparable filings

Details

Where the money goes: 34.7% of revenue deployed · 41.5% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $1K in reported program spending
Leadership: top reported pay $0 · 2 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 2 filing years from 2010 to 2013
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
Moderate — Financial Efficiency: Program expense ratio scored 42/100.
High — Growth: Revenue growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 57/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.