Horse-a-rama Inc is a 501(c)(3) organization based in Manitowoc, Wisconsin, registered in 2006, with $2,741 in FY2015 revenue. CharityIndex grades it F.
Revenue (FY2015)
$2,741
▼ 58.0% vs prior year
Recreation median: $129K
Expenses (FY2015)
$107K
Net assets
$31K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Horse-a-rama Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Horse-a-rama Inc: 4 mo reserves · -3796% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Horse-a-rama Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Horse-a-rama Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $8,927 (FY2013) to $2,741 (FY2015) across 3 reported years.
Financial snapshot
Operating margin
-3796.1%
Spent more than it raised in the latest fiscal year.
Total assets
$31K
Total liabilities
$0
Net assets
$31K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2015 | $2,741▼58.0% | $106,792▲576% | $31,458▼76.8% | $31,458▼76.8% | 990 |
| 2014 | $6,522▼26.9% | $15,792▲233% | $135,509▼6.4% | $135,509▼6.4% | 990 |
| 2013 | $8,927 | $4,746▲2.6% | $144,779▲3.0% | $144,779▲3.0% | 990 |
| 2012 | — | $4,625▼67.0% | $140,598▲2.4% | $140,598▲2.4% | 990 |
| 2011 | — | $14,006▲53.0% | $137,275▲0.2% | $137,275▲0.2% | 990 |
| 2010 | — | $9,153 | $137,001 | $137,001 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Horse-a-rama Inc (EIN 39-1924158) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.