Metropolitan Equestrian Team Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
SEE ATTACHED STATEMENT1. TO PROMOTE THE SPORT OF HORSEMANSHIP IN THE EQUESTIRAN COMMUNITY IN AN ATMOSPHERE THAT SUPPORTS THE EDUCATIONAL AND INTERSCHOLASTIC PHILOSOPHIES OF THE ACADEMY, AS WELL AS THE GOALS OF THE INTERSCHOLASTICS EQUESTRIAN ASSOCATION2. TO ENCOURAGE AND SUPPORT THE ACADEMIC ACHIEVMENT OF ITS STUDENT -ATHLETE MEMBERS3. TO PROMOTE AND ENCOURGE INTERDEPENDENT ATHLETIC ACTIVITY AND TEAM DEVELOPMENT AMONG THE MEMBERS
- Income
- $760,026
- Spending
- $806,313
- Spent on programs
- 75%
- Reserves
- -9 months of spending
- Largest source of income
- donations and private grants, 87%
- Employees
- 7
- Volunteers
- 0
- Highest pay
- $32,649, director
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 34 out of 100. Higher than 3% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 777% of what it owns.
Living within its means
4 of 15Spending exceeded income by 6% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1575% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 77 out of 100. Higher than 80% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $343,666 spent. INTERSCHOLASTIC EQUESTRIAN ASSOCIATION (IEA)- MEMBERS OF MET COMPETE WITH AN EMPHASIS ON COLLEGE SCHOLARSHIP AND PROFESSIONAL RIDING. THERE WAS $8,514 USE OF FACILITIES FOR THIS PROGRAM SERVICE. THERE WERE $28,689 OF DONATED SUPPLIES AND $32,351 DONATED SOFTWARE FOR THIS PROGRAM.
- $90,008 spent. ATHLETIC EQUESTRIAN LEAGUE (AEL)- MEMBERS ARE FOCUSED ON LEARNING HOW TO COMPETE AND THEIR LEARNING IS MORE INSTRUCTIONAL THAN COMPETITIVE.THERE WAS $2,230 USE OF FACILITIES FOR THIS PROGRAM SERVICE. THERE WERE $7,514 OF DONATED SUPPLIES AND $8,473 DONATED SOFTWARE FOR THIS PROGRAM.
- $130,921 spent. EQUINE OPPORTUNITY PROGRAM (EOP)- ALLOWS RIDERS AROUND THE COUNTRY TO BECOME AS CREATIVE AS THEY WANT THROUGH THE EDUCATIONAL AND EQUESTRIAN PROGRAMS PROVIDED. MEMBERS HAVE THE ABILITY TO RIDE IN ANY DISCIPLINE AND WORK TOWARDS THEIR GOAL.THERE WAS $3,242 USE OF FACILITIES FOR THIS PROGRAM SERVICE. THERE WERE $10,929 OF DONATED SUPPLIES AND $12,324 DONATED SOFTWARE FOR THIS PROGRAM.
- $40,913 spent. YOUTH EQUESTRIAN ENRICHMENT AND EXPOSURE PROGRAM (YEEP)-PROVIDES EQUESTRIAN SPORT ACCESS TO SCHOOL DISTRICTS INCORPORATING STEAM AND STEM LEARNING INTO CLASSROOMS AND HAND ON LEARNING HORSES. THERE WAS $1,014 USE OF FACILITIES FOR THIS PROGRAM SERVICE. THERE WERE $3,415 OF DONATED SUPPLIES AND $3,852 DONATED SOFTWARE FOR THIS PROGRAM.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.