IZZY'S LOVE EQUINE RESCUE INC

EIN: 454068713 501(c)(3)

EMMITSBURG, MD

Total Revenue
$587,950
Total Expenses
$503,000
Total Assets
$142,336
Net Assets
$141,596
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MD
Principal Officer
DEB DEMPSEY
Phone
4109033303
Tax Period
2020-01-01 to 2020-12-31

IZZY'S LOVE EQUINE RESCUE INC, founded in 2012, is a small nonprofit that reported $588K in total revenue in fiscal year 2020. Revenue decreased 6% compared to the prior year. Expenses of $503K left a modest 14% surplus.

Mission

IZZY'S LOVE RESCUES EQUINES FROM AUCTIONS BEFORE BEING SOLD TO SLAUGHTER, FROM OWNERS' SURRENDERS, AND NEGLECT CASES. THE EQUINES ARE EVALUATED FOR 30 DAYS FOR BEHAVIOR, RIDING ABILITIES, AND OVERALL HEALTH BEFORE BEING PLACED FOR ADOPTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $587,950
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $587,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $304,312
Program Expenses $183,681
Other Expenses $465,747
TOTAL EXPENSES $503,000

Year-over-Year Comparison

2020 2019 Change
Revenue $587,950 $628,568 -0.1%
Expenses $503,000 $635,776 -0.2%
Net Income $84,950 $-7,208 -12.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
5

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEB DEMPSEY PRES TREAS D 20.00
Officer Director
$0 $0 $0
RUSS FOWBLE VICE PRES DI 2.00
Officer Director
$0 $0 $0
KELSEY RODERICK SEC DIR 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $587,950 $503,000 $142,336 $84,950
2019 $628,568 $635,776 $57,387 $-7,208
2018 $591,469 $569,730 $123,415 $21,739
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