Lee-mar Ranch Equine Center Inc
Only null% goes to programs Strong reserves Growing revenue
Lee-mar Ranch Equine Center Inc is a 501(c)(3) organization based in Granite Falls, Minnesota, registered in 2009, with $251,826 in FY2023 revenue. CharityIndex grades it B.
Po Box 151, Granite Falls, MN, 56241 EIN 27-0601424 Since 2009
Revenue (FY2023)
$252K
▲ 23.9% vs prior year
Recreation median: $129K
Expenses (FY2023)
$237K
Net assets
$192K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Lee-mar Ranch Equine Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +6% margin
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 Lee-mar Ranch Equine Center Inc: 10 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Lee-mar Ranch Equine Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Lee-mar Ranch Equine Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 151, Granite Falls, MN, 56241
- City
- Granite Falls
- State
- Minnesota
- Category
- Recreation & Sports
- Subcategory
- Amateur Sports
- Website
- …
Financial trends
Revenue grew from $85K (FY2018) to $252K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $24KNet assets $192K
Operating margin
5.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$216K
Total liabilities
$24K
Net assets
$192K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $251,826▲23.9% | $237,089▲15.4% | $191,936▲8.3% | $216,069▲11.3% | 990 |
| 2022 | $203,198▲21.6% | $205,413▲39.1% | $177,199▼1.2% | $194,097▼6.2% | 990 |
| 2021 | $167,098▲23.3% | $147,708▲41.1% | $179,411▲12.1% | $206,898▲5.6% | 990EZ |
| 2020 | $135,554▲49.5% | $104,716▲1.6% | $160,021▲23.9% | $195,932▲30.7% | 990EZ |
| 2019 | $90,648▲7.1% | $103,053▲39.3% | $129,183▼8.8% | $149,901▼3.5% | 990EZ |
| 2018 | $84,612 | $73,980 | $141,588 | $155,309 | 990EZ |
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.
Grants received · $7,500 total
1 grant to Lee-mar Ranch Equine Center Inc totaling $7,500, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,500 |
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Compare Lee-mar Ranch Equine Center Inc
Frequently asked questions
- Is Lee-mar Ranch Equine Center Inc a legitimate nonprofit?
- Yes. Lee-mar Ranch Equine Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-0601424, based in Granite Falls, Minnesota. Donations are tax-deductible.
- What is Lee-mar Ranch Equine Center Inc's EIN?
- Lee-mar Ranch Equine Center Inc's Employer Identification Number (EIN) is 27-0601424.
- How much revenue does Lee-mar Ranch Equine Center Inc report?
- Lee-mar Ranch Equine Center Inc reported $251,826 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Lee-mar Ranch Equine Center Inc have?
- CharityIndex grades Lee-mar Ranch Equine Center Inc B, based on financial health (reserves and operating margin).
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Data for Lee-mar Ranch Equine Center Inc (EIN 27-0601424) 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.