Victory Therapeutic Center Inc
- Assets
- $1.2m
- Revenue
- $839.8k
- Investments
- $0.0
- Employees
- 12
- Location
- Roanoke, TX
- Founding
- 09/2002
- Data as of
- 07/2021
- EIN
- 03-0415483
Organization Overview
Victory Therapeutic Center Inc is located in Roanoke, TX. The organization was established in 2002. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 07/2021, Victory Therapeutic Center Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victory Therapeutic Center Inc 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 07/2021, Victory Therapeutic Center Inc generated $839.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $736.4k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. 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 CARE FOR THE PHYSICAL, MENTAL AND EMOTIONAL NEEDS OF CHILDREN, ADULTS, VETERANS AND THEIR FAMILIES THROUGH THE HEALING POWER OF HORSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERAPEUTIC RIDING: TR TEACHES RIDING AND HORSEMANSHIP SKILLS IN A SAFE AND MOTIVATIONAL ENVIRONMENT. CLASSES ARE TAUGHT BY PATH, INTL. CERTIFIED THERAPEUTIC RIDING INSTRUCTORS. WE PROVIDE THIS TYPE OF EQUINE ASSISTED SERVICE TO CHILDREN, ADULTS, AND VETERANS WITH PHYSICAL, MENTAL, AND EMOTIONAL DISABILITIES. TR PROVIDES MANY BENEFITS TO OUR RIDERS; IT ALLOWS THE RIDER TO DEVELOP LIFE SKILLS OF PROBLEM SOLVING, THE ABILITY TO STAY ON TASK, INCREASES FLEXIBILITY, DEVELOPS BALANCE, INCREASES FINE AND GROSS MOTOR SKILLS, PROMOTES STRENGTH, AND BOOSTS SELF-ESTEEM AND SELF-CONFIDENCE. IN 2021, WE WERE ABLE TO PROVIDE OUR RIDERS WITH 4 OPPORTUNITIES TO COMPETE IN HORSE SHOW COMPETITIONS BOTH IN-HOUSE AND OUTSIDE VENUES. WITH THE OPPORTUNITY TO COMPETE AT HORSE SHOWS, OUR RIDERS WORK VERY HARD TO ACHIEVE THEIR GOALS AND EXCEL AT THEIR CHOSEN SPORT. THESE EXPERIENCES ARE OFTEN LIFE CHANGING.
PHYSICAL THERAPY: OUR LICENSED PHYSICAL THERAPISTS USE THE VARIABLE RHYTHMIC AND REPETITIVE MOVEMENT OF THE HORSE TO SIMULATE HEALTHY PELVIS MOVEMENT IN HUMANS. THE SENSORY INPUT PROVIDED BY THE HORSE HELPS TO INCREASE OR RESTORE THE BALANCE, COORDINATION, FLEXIBILITY, STRENGTH AND/OR ENDURANCE OF PATIENTS. PARTNERED WITH THE TREATMENT STRATEGIES OF THE PHYSICAL THERAPIST AND YOUR PHYSICIAN'S PRESCRIBED TREATMENT GOALS, PHYSICAL THERAPY ON HORSEBACK OFFERS AN ALTERNATIVE APPROACH TO IMPROVING MOBILITY.
THERAPEUTIC RIDING: TR TEACHES RIDING AND HORSEMANSHIP SKILLS IN A SAFE AND MOTIVATIONAL ENVIRONMENT. CLASSES ARE TAUGHT BY PATH, INTL. CERTIFIED THERAPEUTIC RIDING INSTRUCTORS. WE PROVIDE THIS TYPE OF EQUINE ASSISTED SERVICE TO CHILDREN, ADULTS, AND VETERANS WITH PHYSICAL, MENTAL, AND EMOTIONAL DISABILITIES. TR PROVIDES MANY BENEFITS TO OUR RIDERS; IT ALLOWS THE RIDER TO DEVELOP LIFE SKILLS OF PROBLEM SOLVING, THE ABILITY TO STAY ON TASK, INCREASES FLEXIBILITY, DEVELOPS BALANCE, INCREASES FINE AND GROSS MOTOR SKILLS, PROMOTES STRENGTH, AND BOOSTS SELF-ESTEEM AND SELF-CONFIDENCE. IN 2021, WE WERE ABLE TO PROVIDE OUR RIDERS WITH 4 OPPORTUNITIES TO COMPETE IN HORSE SHOW COMPETITIONS BOTH IN-HOUSE AND OUTSIDE VENUES. WITH THE OPPORTUNITY TO COMPETE AT HORSE SHOWS, OUR RIDERS WORK VERY HARD TO ACHIEVE THEIR GOALS AND EXCEL AT THEIR CHOSEN SPORT. THESE EXPERIENCES ARE OFTEN LIFE CHANGING.
PHYSICAL THERAPY: OUR LICENSED PHYSICAL THERAPISTS USE THE VARIABLE RHYTHMIC AND REPETITIVE MOVEMENT OF THE HORSE TO SIMULATE HEALTHY PELVIS MOVEMENT IN HUMANS. THE SENSORY INPUT PROVIDED BY THE HORSE HELPS TO INCREASE OR RESTORE THE BALANCE, COORDINATION, FLEXIBILITY, STRENGTH AND/OR ENDURANCE OF PATIENTS. PARTNERED WITH THE TREATMENT STRATEGIES OF THE PHYSICAL THERAPIST AND YOUR PHYSICIAN'S PRESCRIBED TREATMENT GOALS, PHYSICAL THERAPY ON HORSEBACK OFFERS AN ALTERNATIVE APPROACH TO IMPROVING MOBILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Tabone Vice President | OfficerTrustee | 0.7 | $0 |
Larry Anfin Chairman | OfficerTrustee | 0.7 | $0 |
Jenna Young Treasurer | OfficerTrustee | 0.7 | $0 |
Michael Nacarato Director | Trustee | 0.7 | $0 |
Linda Engle Director | Trustee | 0.7 | $0 |
Doug Tonne Director | Trustee | 0.7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $113,682 |
| Related organizations | $0 |
| Government grants | $140,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $244,767 |
| Noncash contributions included in lines 1a–1f | $47,607 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $498,849 |
| Total Program Service Revenue | $240,312 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,510 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,251 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $839,767 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $38,731 |
| 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 | $321,354 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,373 |
| Payroll taxes | $31,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,668 |
| Advertising and promotion | $2,122 |
| Office expenses | $11,030 |
| Information technology | $10,147 |
| Royalties | $0 |
| Occupancy | $79,788 |
| Travel | $4,983 |
| 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 | $95,984 |
| Insurance | $20,090 |
| All other expenses | $1,318 |
| Total functional expenses | $736,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,225 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,830 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,322 |
| Prepaid expenses and deferred charges | $10,371 |
| Net Land, buildings, and equipment | $1,011,078 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,159,826 |
| Accounts payable and accrued expenses | $33,938 |
| Grants payable | $0 |
| Deferred revenue | $4,211 |
| 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 | $0 |
| Total liabilities | $38,149 |
| Net assets without donor restrictions | $984,492 |
| Net assets with donor restrictions | $137,185 |
| 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 | $1,159,826 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Victory Therapeutic Center Inc has recieved totaling $60,777.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $27,925 |
Lee Merrick Foundation Inc Dallas, TX PURPOSE: SUPPORT ORGANIZATION'S MISSION | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,514 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $338 |
Endowment Analysis
| Beg. Balance | $158,415 |
| Net Contributions | $17,500 |
| Grants | $38,732 |
| Ending Balance | $137,183 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Easter Seals Arkansas Little Rock, AR | $23,732,566 | $24,999,383 |
Autistic Treatment Center Inc Dallas, TX | $22,514,899 | $18,901,851 |
Easter Seal Rehabilitation Center Inc San Antonio, TX | $7,527,457 | $14,173,933 |
Easter Seals Rio Grande Valley Mcallen, TX | $4,627,786 | $11,473,569 |
Easter Seals Louisiana Inc New Orleans, LA | $13,816,705 | $11,470,039 |
Paso Del Norte Childrens Development Center El Paso, TX | $7,192,011 | $8,677,055 |
Warren Center Inc Richardson, TX | $2,829,339 | $7,869,523 |
Easter Seals-Central Texas Inc Austin, TX | $3,188,453 | $7,518,080 |
Bay Area Rehabilitation Center Baytown, TX | $3,911,868 | $6,532,684 |
Liferoots Inc Albuquerque, NM | $6,091,291 | $6,833,932 |
South Arkansas Developmental Center For Children And Families El Dorado, AR | $2,635,089 | $4,644,541 |
Sistema Infantil Teleton Usa San Antonio, TX | $2,139,346 | $5,685,977 |