AMERICAN HORSE SCHOOL Charity Report

Tax-exempt status may be revoked

AMERICAN HORSE SCHOOL

EIN 46-0426938

What they do

School for Native American Children.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$86.60of every $100 spent was reported for mission workThe IRS calls this “program services.”

$113.44spent for every $100 of revenueSpending was higher than revenue this year.

$13.40of every $100 spent was reported for management and office costsThis number alone does not tell us how much good they did.

$0.17in assets for every $1 spent this yearSome assets cannot be spent right away.

98.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $861,208 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $238,618 for GLORIA KITSOPOULOS (PRINCIPAL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 went

These are the charity’s reported Form 990 spending categories.

Mission workProgram services$86.60

ManagementOffice and general costs$13.40

FundraisingAsking for donations$0.00

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

201786.6% mission

201685.1% mission

201493.6% mission

Money in and money out

Revenue$6,409,655

Expenses$7,270,863

Annual shortfall $861,208 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,296,650 · 86.6% of expenses

Management and office costs$974,213 · 13.4% of expenses

See all reported dollar amounts

Revenue$6,409,655

Expenses$7,270,863

Assets$1,225,014

Contributions$6,312,797

Mission work (program services)$6,296,650

Management and general$974,213

People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GLORIA KITSOPOULOSPRINCIPAL · 40 hrs/week $238,618

SUZANNE WHITE LANCECHIEF FINANCE · 40 hrs/week $154,177

MARIETTA VASQUEZSECRETARY · 1 hrs/week $11,098

FAITH RICHARDSPRESIDENT · 1 hrs/week $10,548

LOLA WILCOX-SHARPVICE PRESIDENT · 1 hrs/week $10,258

JUSTIN POOR BEARMEMBER · 1 hrs/week $9,158

NORAH MARSHALLMEMBER · 1 hrs/week $8,183

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

GLORIA KITSOPOULOSPRINCIPAL

SUZANNE WHITE LANCECHIEF FINANCE

MARIETTA VASQUEZSECRETARY

FAITH RICHARDSPRESIDENT

LOLA WILCOX-SHARPVICE PRESIDENT

JUSTIN POOR BEARMEMBER

NORAH MARSHALLMEMBER

About this charity

Location: PO Box 660, Allen, SD 57714
County: Bennett
In care of: Faith Richards
Primary officer: Faith Richards, President

How to reach them

Phone(605) 455-1209

Filing and classification

Latest tax year: 2017
Tax period began: July 1, 2017
Return type: 990
Tax preparer: KINNER & COMPANY LTD
Revocation date: November 15, 2021