Dream Riders Of Kentucky Incorporated
- Assets
- $605.8k
- Revenue
- $439.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Philpot, KY
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 01-0802025
Organization Overview
Dream Riders Of Kentucky Incorporated is located in Philpot, KY. The organization was established in 2004. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Dream Riders Of Kentucky Incorporated employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Riders Of Kentucky Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Dream Riders Of Kentucky Incorporated generated $439.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.1% each year . All expenses for the organization totaled $187.6k during the year ending 12/2021. While expenses have increased by 35.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INDIVIDUALS WITH PHYSICAL, COGNITIVE, SOCIAL AND/OR EMOTIONAL NEEDS AN OPPORTUNITY TO EXPERIENCE THE JOY OF RIDING AND THE THERAPEUTIC VALUE OF HORSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DREAM RIDERS PROVIDES EQUINE-ASSISTED ACTIIVITIES & RIDING TO INDIVIDUALS AGES 3 AND OLDER WITH DISABILITIES IN DAVIESS COUNTY AND THE SURROUNDING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Steve Wills DVM Board Chair | OfficerTrustee | $0 | |
Dr Kerry Paape MD Vice Chair | OfficerTrustee | $0 | |
Molly Gross Secretary | OfficerTrustee | $0 | |
Johnna Webb Treasurer | OfficerTrustee | $0 | |
Mike Clark Founder | Trustee | $0 | |
Suzy Higdon Founder | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $51,627 |
| All other contributions, gifts, grants, and similar amounts not included above | $215,974 |
| Noncash contributions included in lines 1a–1f | $73,169 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $267,601 |
| Total Program Service Revenue | $80,179 |
| Investment income | $634 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,739 |
| Net Income from Fundraising Events | $74,527 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $439,883 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,683 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,096 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $190 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,460 |
| Travel | $249 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,613 |
| Insurance | $11,508 |
| All other expenses | $7,415 |
| Total functional expenses | $187,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,477 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $260,173 |
| Investments—publicly traded securities | $149,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,941 |
| Total assets | $605,798 |
| Accounts payable and accrued expenses | $4,033 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,465 |
| Total liabilities | $12,498 |
| Net assets without donor restrictions | $593,300 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $605,798 |