Charity Search / MISTY MEADOWS MITEY RIDERS INC
Human Services (P82Z) IRS Verified DX Registered 990 on File

MISTY MEADOWS MITEY RIDERS INC

EIN: 56-2045099 · WAXHAW, NC 28173-8311 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 68/100
Reliability (20%) 55/100
Effectiveness (25%) 86/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

To offer effective and creative equine-assisted therapy to children with special needs To provide a positive, non-judgmental environment for riders and their families To encourage the development of human-animal relationships To use our riding activities in support of the goals from other therapies, schools, etc.

Financial Overview — FY 2024
$485K
Total Revenue
$550K
Total Expenses
$2.3M
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.7%
Fundraising Efficiency 1.3%
Operating Reserve 49.59x
Liability-to-Asset 0.4%
Revenue Diversification 63.6%
Executive Compensation $114K
Compared with Peers
FY 2024
Compared with 15,047 similar organizations (United States, Human Services, $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
96.7% 86.3%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
3.2% 10.4%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.2% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
1.3% 15.8%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
49.6 mo 8.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.4% 1.6%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
63.6% 96.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-27.2% 7.0%
P10P90
Expense growth
Year over year expense growth
-17.3% 8.3%
P10P90
Surplus margin
Surplus as a share of revenue
-13.6% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $485K $550K $2.3M 96.7% 17
2023 $665K $665K $2.1M 98.2% 19
2022 $479K $493K $2.3M 96.8% 26
2021 $702K $428K N/A 19
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Organization Details
EIN
56-2045099
State
NC
City
WAXHAW
ZIP
28173-8311
Classification
P82Z
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1998
Foundation Code
15
Form 990
On File
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