M A R E Riding Center is a 501(c)(3) organization based in Bakersfield, California, registered in 1993, with $446,966 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$447K
▼ 25.3% vs prior year
Unknown median: $232K
Expenses (FY2023)
$603K
Net assets
$1.4M
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 M A R E Riding Center— 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 M A R E Riding Center: 27 mo reserves · -35% margin earns a D 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 M A R E Riding Center— 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 M A R E Riding Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $363K (FY2013) to $447K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-35.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$528K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $446,966▼25.3% | $603,325▲33.5% | $1,368,378▼8.4% | $1,896,401▼5.2% | 990 |
| 2022 | $598,452▼49.9% | $451,963▲24.7% | $1,493,310▲10.8% | $2,001,212▲7.4% | 990 |
| 2021 | $1,194,795▲99.4% | $362,546▲7.2% | $1,347,629▲161% | $1,864,069▲71.3% | 990 |
| 2020 | $599,292▲52.1% | $338,316▼0.9% | $515,380▲103% | $1,087,990▲258% | 990 |
| 2019 | $394,082▼9.8% | $341,485▼14.0% | $254,404▲26.1% | $304,194▲50.7% | 990 |
| 2018 | $436,689▲25.1% | $397,142▼7.0% | $201,807▲26.0% | $201,807▲26.0% | 990 |
| 2017 | $349,162▼24.9% | $426,972▼7.9% | $160,210▼34.7% | $160,210▼34.7% | 990 |
| 2016 | $465,031▲22.4% | $463,602▲5.3% | $245,159▲0.6% | $245,436▼2.5% | 990 |
| 2015 | $379,876▲3.2% | $440,273▲20.3% | $243,730▼19.9% | $251,615▼17.3% | 990 |
| 2014 | $368,026▲1.4% | $365,868▲18.2% | $304,127▲0.7% | $304,127▲0.7% | 990 |
| 2013 | $362,870 | $309,407 | $301,969 | $301,969 | 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.
2 grants to M A R E Riding Center totaling $20K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Horizons | Human services | 2024 | $14,500 |
| Charities Aid Foundation America | Charitable donation | 2023 | $5,400 |
Explore more
Data for M A R E Riding Center (EIN 77-0297678) 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.