Recreation & Sports
(N69)
990 on File
HORSES FOR A CHANGE INC
Financial strength (30%)
50/100
Reliability (20%)
50/100
Effectiveness (25%)
64/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$159K
Total Revenue
$157K
Total Expenses
$-35,466
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
-2.71x
Liability-to-Asset
245.5%
Revenue Diversification
63.5%
Compared with Peers
FY 2024
Compared with 9,592 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 94.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 3.9% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-2.7 mo | 6.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
245.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.5% | 89.1% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
0.3% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-13.2% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.6% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $159K | $157K | $-35,466 | 100.0% | 5 |
| 2023 | $159K | $181K | $-37,988 | 100.0% | 3 |
| 2022 | $190K | $222K | $-16,099 | 100.0% | 3 |
| 2021 | $195K | $275K | N/A | — | 3 |
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