INTERNATIONAL SOCIETY FOR THE PROTECTION OF MUSTANGS AND BURROS

EIN: 946169422 501(c)(3)

RAPID CITY, SD

Total Revenue
$153,246
Total Expenses
$197,482
Total Assets
$330,747
Net Assets
$324,950
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
CA
Principal Officer
KAREN SUSSMAN
Phone
6054302088
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL SOCIETY FOR THE PROTECTION OF MUSTANGS AND BURROS, founded in 1965, is a small nonprofit that reported $153K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $197K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROTECT, PRESERVE, AND UNDERSTAND WILD HORSES AND BURROS AS WELL AS THEIR HABITAT.

Program Service Accomplishments

Program 1
Expenses: $138,269

ISPMB HAS COLLECTED MORE THAN TWENTY YEARS OF DATA OBSERVING BEHAVIORS AND HERD GROWTH OF FOUR HERDS OF WILD HORSES IT MANAGED. WITH THIS INFORMATION, ISPMB HAS CREATED A "MODEL" FOR MANAGING...

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ISPMB HAS COLLECTED MORE THAN TWENTY YEARS OF DATA OBSERVING BEHAVIORS AND HERD GROWTH OF FOUR HERDS OF WILD HORSES IT MANAGED. WITH THIS INFORMATION, ISPMB HAS CREATED A "MODEL" FOR MANAGING AMERICA'S WILD HORSES. ISPMB'S INTENT IS TO TRANSFORM HOW WILD HORSES AND BURROS ARE MANAGED ON PUBLIC LANDS. IN THE PAST, ISPMB HAS SHARED MANY PROGRAMS WITH THE BUREAU OF LAND MANAGEMENT AND THE FOREST SERVICE, THE AGENCIES WHO MANAGE WILD HORSES AND BURROS. IT IS OUR GOAL TO SHARE THIS NEW PROGRAM WITH THE AGENCIES. CURRENTLY, ISPMB MANAGES ONE ENDANGERED WILD HERD KNOWN AS THE GILA HERD AND CONTINUES TO OBSERVE AND COLLECT DATA ON THIS HERD WHICH REMAINS IN CONSERVATION UNDER THEIR CARE. ISPMB OPERATES A RESCUE PROGRAM FOR WILD HORSES AND CONTINUES EFFORTS TO CREATE ITS INTERNATIONAL WILD HORSE AND BURRO HERITAGE CENTER. ISPMB RECEIVED 87,222 IN DONATED SERVICES WHICH INCLUDES 3,800 IN SOCIAL MEDIA MONITORING AND 83,422 IN LEGAL SERVICES.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $144,922
Program Service Revenue $0
Investment Income $8,072
Other Revenue $252
TOTAL REVENUE $153,246

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,297
Fundraising Expenses $19,434
Program Expenses $138,269
Other Expenses $165,185
TOTAL EXPENSES $197,482

Year-over-Year Comparison

2024 2023 Change
Revenue $153,246 $202,553 -0.2%
Expenses $197,482 $141,386 +0.4%
Net Income $-44,236 $61,167 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
6
Employees
1
Volunteers
6

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
$30,000
Total Directors
7
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN SUSSMAN PRESIDENT 20.00
Officer Director
$30,000 $0 $30,000
PATTI ROTH SECRETARY 2.00
Officer Director
$0 $0 $0
JOHNNIE FORQUER TREASURER 2.00
Officer Director
$0 $0 $0
CRAIG DOWNER DIRECTOR 2.00
Director
$0 $0 $0
DAVID BELDING DIRECTOR 2.00
Director
$0 $0 $0
NICK CONNELL DIRECTOR 2.00
Director
$0 $0 $0
PAUL TOHLAKAI DIRECTOR 2.00
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
2024 $153,246 $197,482 $330,747 $-44,236
2023 $202,553 $141,386 $407,821 $61,167
2022 $329,092 $165,969 $344,854 $163,123
2021 $388,955 $180,074 $196,072 $208,881
2020 $579,738 $112,215 $164,431 $467,523
2019 $282,778 $113,588 $21,757 $169,190
2018 $245,340 $200,167 $17,139 $45,173
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