Operation Equine Inc
Nonprofit profile at a glance
- EIN
- 833181981
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Boulder, CO, USA
- Phone
- 7205883035
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Counseling, Support Groups
Reported finances
- Revenue
- $78,249
- Expenses
- $54,005
- Assets
- $26,743
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- SCOTT SMITH (President)
People named in this filing
- MICHELLE KAYE (Executive Dir.)
- THERESA MCDOWELL (Treasurer)
- SCOTT SMITH (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
Operation equine offers equine assisted psychotherapy and learning (eap/l) for military service members, veterans, emergency responders and their families, caregivers and supporters. Operation equine provides mental health counseling, psycho-education and social-emotional learning through equine related activites, often also referred to as: equine-assisted learning: equine experience(s): equine guided learning.
What it reported doing in 2025
Warrior pack trip - operation equine leads and directs a 6-day intensive equine therapeutic program: 3 fays of equine assisted therapy services, and 3 days/2 nights of an overnight pack trip. A professional outfitter is contracted to provide the pack trip services. This event is provided without financial commitment or burden on participants.
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.1%; rating input score 61
- Program expense ratio: 88.6%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 31%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 31; 31st 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: 17.8% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: -8.3% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 61.1% of revenue deployed · 88.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $48K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.