Magical Meadows Inc
- Assets
- $680.8k
- Revenue
- $136.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Warsaw, IN
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 26-1154624
Organization Overview
Magical Meadows Inc is located in Warsaw, IN. The organization was established in 2009. 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 12/2021, Magical Meadows Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magical Meadows 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 12/2021, Magical Meadows Inc generated $136.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $102.6k during the year ending 12/2021. 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
OUR MISSION IS TO IMPROVE THE BODIES, MINDS AND SPIRITS OF CHILDREN AND ADULTS WITH SPECIAL NEEDS THROUGH THERAPEUTIC HORSEBACK RIDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERAPEUTIC HORSEBACK RIDING FOR CHILDREN AND ADULTS WITH SPECIAL NEEDS. OVER 100 RIDERS WERE SERVED IN 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Seewald Secretary/tr | OfficerTrustee | 10 | $0 |
Carl Adams Executive Di | OfficerTrustee | 35 | $0 |
Brent Bockelman Board Member | Trustee | 10 | $0 |
Barry Bylls Board Member | Trustee | 10 | $0 |
Kayla Cottrill Board Member | Trustee | 2 | $0 |
Aaron Winey Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,720 |
| Noncash contributions included in lines 1a–1f | $139 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,720 |
| Total Program Service Revenue | $26,415 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $45 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $136,183 |
| 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 | $27,434 |
| Other salaries and wages | $6,244 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $309 |
| Fees for services: Accounting | $795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31 |
| Office expenses | $497 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,622 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,712 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,538 |
| Insurance | $9,421 |
| All other expenses | $11,381 |
| Total functional expenses | $102,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,553 |
| Savings and temporary cash investments | $33,674 |
| 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 | $601,417 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,108 |
| Other assets | $68 |
| Total assets | $680,820 |
| Accounts payable and accrued expenses | $0 |
| 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 | $135,285 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,165 |
| Total liabilities | $136,450 |
| Net assets without donor restrictions | $544,370 |
| 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 | $680,820 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Magical Meadows Inc has recieved totaling $45,286.
| Awarding Organization | Amount |
|---|---|
Kosciusko County Community Foundation Inc Warsaw, IN PURPOSE: GENERAL SUPPORT | $23,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $15,556 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,619 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $111 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Easter Seals Metropolitan Chicago Inc Chicago, IL | $52,933,837 | $63,344,234 |
Easter Seals Inc Chicago, IL | $42,430,356 | $63,436,744 |
Rehabilitation Hospital Of Indiana Inc Indianapolis, IN | $33,903,801 | $47,733,425 |
Anthony Wayne Rehabilitation Center For Handicapped & Blind Fort Wayne, IN | $35,673,589 | $47,181,775 |
The Bleeding And Clotting Disorders Institute Peoria, IL | $23,778,045 | $34,385,899 |
Southeastern Kentucky Rehabilitation Industries Inc Corbin, KY | $28,420,684 | $26,543,661 |
Crossroads Rehabilitation Center Inc Indianapolis, IN | $48,026,427 | $26,710,244 |
Easter Seals Rehabilitation Center Inc Evansville, IN | $16,503,144 | $18,998,640 |
Tradewinds Services Inc Merrillville, IN | $15,998,577 | $14,758,971 |
Macon Resources Inc Decatur, IL | $25,094,647 | $13,837,379 |
Society For Immunotherapy Of Cancer Inc Milwaukee, WI | $21,926,685 | $14,185,558 |
Curative Care Network Inc Milwaukee, WI | $49,016,234 | $11,678,469 |