Animal-Related (D60) IRS Verified DX Registered 990 on File

MUSTANG AMBASSADOR PROGRAM

EIN: 46-5292038 · COLORADO SPRINGS, CO 80930-9423 · United States · FY 2024 Data

3 out of 5 52 / 100 Based on 2+ years of filings

Financial strength (30%) 80/100

Reliability (20%) 50/100

Effectiveness (25%) 73/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

The Mustang Ambassador Program's (MAP) mission is to teach life and leadership skills to Colorado Springs area youth through equine assisted learning with our trained mustangs and dedicated, educational professionals to promote self-awareness, self-confidence and self-direction. The programming strives to grow youths’ skills in the areas of responsibility, communication, relationships, problem-solving and resilience.

Financial Overview — FY 2024

$92K

Total Revenue

$96K

Total Expenses

$35K

Net Assets

N/A

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 89.7%

Fundraising Efficiency N/A

Operating Reserve 4.37x

Liability-to-Asset 12.9%

Revenue Diversification 58.0%

Compared with Peers

FY 2024

Compared with 3,928 similar organizations (United States, Animal-Related, under $100K in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	89.7%	90.6%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	4.4 mo	9.6 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	12.9%	0.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	58.0%	99.9%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-21.4%	-0.4%	P10P90
Expense growth Year over year expense growth	-19.8%	-1.9%	P10P90
Surplus margin Surplus as a share of revenue	-4.9%	4.8%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$92K	$96K	$35K	89.7%	—
2023	$117K	$120K	$40K	83.3%	—
2022	$75K	$83K	$43K	87.1%	—
2021	$102K	$69K	N/A	—	1

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Organization Details

EIN: 46-5292038
State: CO
City: COLORADO SPRINGS
ZIP: 80930-9423
Classification: D60
Category: Animal-Related
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2015
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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