philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Project Donkey INC

IRS exemption revoked

Shepherd, MT501(c)(3)Animals EIN 88-3452693Revenue $15K in FY2022

On file with the IRStaketwoequinerescue.com11350 Conifer Trl, 59079-3436 · Shepherd, MTTax-exempt since Oct 2022Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Take Two Equine Rescue is dedicated to helping abused,neglected or homeless equines. We seek to keep equines out of the acution pipeline through our rescue, education, and advocacy efforts.

95¢ of each $1 spent went to programs.
Run by 4 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15K
Spent
$15K
To programs
95%
Net assets
$421

From the FY2022 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2026

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in Oct 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $14K Management & general 4% · $648 Fundraising 1% · $100

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Sarah Kenyon
Sectetary
$0Pt VII · Sec A
Sarah Shipman
Treasurer
$0Pt VII · Sec A
Ariel Fox
President
$0Pt VII · Sec A
See Project Donkey INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Rescues abused, neglected, or homeless horses, preventing their sale at auction.

Questions for Project Donkey INC

Tap to ask. Project Donkey INC sees how many people are interested.

Your first name shows with your question. Project Donkey INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $13K · in their own filed words · FY2022
01

Veternarian, Farrier and Medications ExpensesTake Two Equine Rescue was founded in June of 2022 and became a 501(c)3 non-profit organization in July 2022. We rescue horses, mules, and donkeys from the acution pipeline where the animals are shipped from traders and acutions. In 2022 33 equines were rescued.

$6Kprogram expense
02

Horse Purchase fees. During 2022 most of 33 equines were purchased from the slauder pipeline. These animal in need are found at actuons of from a private party. When necessary we purchase the animals and bring them to the sanctuary. We also take owner surrenders (they are given to us, not purchased).

$4Kprogram expense
03

Feed and hay Expense.Feed and hay is also a significant cost to our organization.

$3Kprogram expense

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$15K
Ln 12
Gifts and grantsLn 1h$14K
Fees for servicesLn 2g$900
Money outPt IX
$15K
Ln 25
Programscol B$14K
Managementcol C$648
Fundraisingcol D$100
Owns and owesPt X
$421
net assets · Ln 32
Cash and savingsLn 1–2$54
Total assetsLn 16$421
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14K
Noncash giftsLn 1g$3K
Fundraising eventsLn 1c$300
Fees for servicesLn 2g$900
Total revenueLn 12$15K
Assets in detailPt X, end of year
CashLn 1$54
Cash and savings togetherLn 1–2$54
Total assetsLn 16$421
LiabilitiesLn 26$0
Net assetsLn 32$421
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$54
Total assetsLn 16$0$421
LiabilitiesLn 26$0$0
Net assetsLn 32$0$421
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$114$14$100
Office expensesLn 13$90$90
Other expenses (24a–d)Ln 24$14K$14K$544
Total functional expensesLn 25$15K$14K$648$100

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $15K$15K$421$421 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $14,996 revenue, 12 lines filed
I-8 Contributions and grants$14,096
I-9 Program service revenue$900
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$14,996
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$14,575
I-18 Total expenses$14,575
I-19 Revenue less expenses$421
Part VI · Governance 0 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $14,996 across 6 lines filed
VIII-1c Fundraising events$300
VIII-1f All other contributions, gifts and grants$13,796
VIII-1g Noncash contributions (included above)$3,420
VIII-1h Total contributions, gifts and grants$14,096
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $900$900
VIII-12 Total revenueRelated to mission $900 · Unrelated business $0 · Excluded from tax $0$14,996
Part IX · Statement of functional expenses $14,575 across 3 lines filed
IX-12 Advertising and promotionManagement $14 · Fundraising $100$114
IX-13 Office expensesManagement $90$90
IX-24 Other expenses (24a–d)Programs $13,827 · Management $544$14,371
IX-25 Total functional expensesPrograms $13,827 · Management $648 · Fundraising $100$14,575
Part X · Balance sheet $421 assets, 7 lines filed
X-1 Cash, non-interest-bearing$54
X-8 Inventories for sale or use$367
X-16 Total assetsStart of year $0$421
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictions$421
X-32 Total net assets or fund balancesStart of year $0$421
X-33 Total liabilities and net assetsStart of year $0$421
Part XI · Reconciliation of net assets $421 net assets at year end
XI-1 Total revenue$14,996
XI-2 Total expenses$14,575
XI-3 Revenue less expenses$421
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$421

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.