Honey Fig LLC

Nonprofit profile at a glance

EIN
932999767
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Scurry, TX, USA
Phone
2147731169
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$335,975
Expenses
$335,975
Assets
$0
Liabilities
$0

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

Leadership & pay

3 people listed

People named in this filing

  • D'Laine Gutmann (Executive Dir.)
  • Lindsey Lewis (Treasurer)
  • Nicole Pate (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Honey Fig, LLC is an animal welfare and educational organization dedicated to the rescue and lifelong care of Arabian and half Arabian horses and to equine assisted learning programs that serve the community. Our primary activities include rescue, rehabilitation, and sanctuary care followed with equine assisted learning and wellness programs including community education along with the administrative and fundraising work that supports these efforts. We devote about sixty percent of our resources to rescue and sanctuary, twenty percent to equine assisted programs, ten percent to education and ten percent to administrative and fundraising activities.

What it reported doing in 2024

We take in Arabian and half Arabian horses that have experienced neglect abuse abandonment or other risk. Referrals come from animal control law enforcement veterinarians rescues and private owners. Each horse receives a health and behavioral assessment followed by veterinary exams vaccinations dental and farrier care nutrition plans and rehabilitation tailored to its needs. Horses that cannot be safely adopted remain in permanent sanctuary where they receive ongoing medical care, turnout, shelter, companionship and enrichment. When adoption is appropriate applicants are screened through an application, reference checks, and a property review. Adoption contracts require safe lifelong care and return of the horse if needed. We maintain detailed care records and follow recognized humane equine care standards. Daily operations are carried out by staff and volunteers with licensed veterinarians and farriers providing professional services. Activities take place year round at the Honey Fig facility. This activity directly supports our charitable purpose of preventing cruelty to animals and demonstrates responsible equine stewardship.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 83
  • Accountability: 64
  • Sustainability: 27
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 5th 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 4 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $336K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 6 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.