Sixteen Hands Horse Sanctuary Inc
- Assets
- $510.3k
- Revenue
- $198.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Ona, FL
- Founding
- 08/2008
- Data as of
- 12/2023
- EIN
- 26-1224137
Organization Overview
Sixteen Hands Horse Sanctuary Inc is located in Ona, FL. The organization was established in 2008. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. As of 12/2023, Sixteen Hands Horse Sanctuary Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sixteen Hands Horse Sanctuary 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 12/2023, Sixteen Hands Horse Sanctuary Inc generated $198.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $185.7k during the year ending 12/2023. While expenses have increased by 8.6% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE DAILY CARE OF RESCUED EQUINES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RESCUE AND REHABILITATE ABUSED, ABANDONED, NEGLECTED, AND UNWANTED HORSES, PROVIDE LIFETIME SANCTUARY TO HORSES WITH SPECIAL MEDICAL AND/OR EMOTIONAL NEEDS, PLACE ADOPTABLE HORSES IN PERMANENT HOMES THROUGH A FOSTER-TO-ADOPT PROGRAM, PROMOTE AWARENESS OF THE PRINCIPLES OF NATURAL HORSEMANSHIP THROUGH EDUCATIONAL PROGRAMS, HELP COMMUNITY HORSES BY PROVIDING OUTREACH ASSISTANCE TO HORSE OWNERS WITH A HAND UP AND ENCOURAGING THE PUBLIC TO IDENTIFY AND REPORT ABUSED, ABANDONED, AND NEGLECTED HORSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Cain President | OfficerTrustee | 12 | $0 |
Gary Fresch Vice President/treasurer | OfficerTrustee | 3 | $0 |
Scott Mcadoo Secretary | OfficerTrustee | 10 | $0 |
Gretchen Lovewell Director | Trustee | 1 | $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 | $167,335 |
| Noncash contributions included in lines 1a–1f | $855 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,335 |
| Total Program Service Revenue | $28,567 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,001 |
| Net Income from Fundraising Events | $1,310 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $198,229 |
| 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 | $5,610 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $429 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,671 |
| Advertising and promotion | $2,511 |
| Office expenses | $5,682 |
| Information technology | $2,961 |
| Royalties | $0 |
| Occupancy | $18,421 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,534 |
| Insurance | $7,335 |
| All other expenses | $0 |
| Total functional expenses | $185,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,664 |
| Savings and temporary cash investments | $50,016 |
| 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 | $189 |
| Net Land, buildings, and equipment | $378,919 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $510,288 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $510,288 |
| 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 | $510,288 |