Happy Hooves Equine Rescue

Nonprofit profile at a glance

EIN
453677498
IRS 990-EZ coverage
2018–2018
Forms available
Form 990-EZ 2018, Form 990-N 2017
Location
Edwardsville, IL, USA
Phone
6186701581
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$82,907
Expenses
$49,967
Assets
$52,020

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MARY EVANS (PRESIDENT)

People named in this filing

  • MARY EVANS (PRESIDENT)
  • MICHELLE SMITH (SECRETARY)
  • MARTY EVANS (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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Happy hooves equine rescue is a southern Illinois facility dedicated to rescuing, rehabilitating and providing renewed purpose in life for unwanted, neglected, abused and abandoned horses of all ages. Happy hooves mission is to save horses in dire need (in all varieties, from minis to thoroughbreds), bring them back to peak health and match those rehabilitated horses with educated, responsible and caring owners and forever homes. Outside of meeting the very basic needs of the horses (the staff is entirely volunteers based), any additional resources generated from happy hooves ongoing activities helps to educate visitors and volunteers from surrounding communities about the caring and rehabilitation of rescued horses.

What it reported doing in 2018

Rescuing, rehabilitating and providing renewed life to unwanted, neglected, abused or abandoned horses of all ages.

Operating model

Revenue model
Earned-program. 66% of the money available for current operations came from fees and other program revenue.
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 a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.6%; rating input score 50
  • Program expense ratio: 82.3%; rating input score 82

Transparency & Controls

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

Sustainability

  • Operating margin: 39.7%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.04; rating input score 49; 49th 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: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 49.6% of revenue deployed · 82.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $41K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.