Lonestar Outreach to Place Ex-Racers

Nonprofit profile at a glance

EIN
731721579
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Driftwood, TX, USA
Phone
5125651824
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$189,910
Expenses
$130,335
Assets
$147,736

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Matthew Donnahoo (President)

People named in this filing

  • Lynn Reardon (Executive Dir.)
  • David Marcum (Secretary/Treas)
  • Matthew Donnahoo (President)

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

LOPE helps at-risk racehorses find second careers, while inspiring young people through horsemanship and veterinary education.

What it reported doing in 2025

LOPE is a 501(c)(3) non-profit that partners with the national and local horse racing industry to help at-risk racehorses of all breeds find new homes through its ranch adoption facility and online services. Through its youth education program, LOPE teaches K-12 students about the importance of stewardship, equine care and compassion for horses in rehabilitation.

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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 100
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.5%; rating input score 62
  • Program expense ratio: 89.6%; 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: 31.4%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 14.4%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 2% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: 61.5% of revenue deployed · 89.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $117K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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: Officer compensation ratio scored 20/100.