Panhandle Equine Rescue Inc
- Assets
- $50.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Cantonment, FL
- Founding
- 08/2005
- Data as of
- 12/2023
- EIN
- 42-1658881
Organization Overview
Panhandle Equine Rescue Inc is located in Cantonment, FL. The organization was established in 2005. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panhandle Equine Rescue 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, Panhandle Equine Rescue Inc generated $53.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RESCUE AND REHABILITATE HORSES. THE ORGANIZATION HELD ZERO PUBLIC EVENTS FOR EDUCATION PURPOSES. HORSES RESCUED 3, REHABILITATED 2, ADOPTED 3. AVG NUMBER HORSES IN CARE: 10
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Lowery President | 40 | $0 | |
Linda Lambert Secretary | 1 | $0 | |
Vickie Bell Treasurer | 1 | $0 | |
Kathy Breakall Board Member | 1 | $0 | |
Mimi Debroux Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,628 |
| Total Program Service Revenue | $0 |
| Membership dues | $900 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,382 |
| Other Revenue | $478 |
| Total Revenue | $53,390 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,000 |
| Professional fees and other payments to independent contractors | $870 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,692 |
| Total expenses | $49,562 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,044 |
| Other assets | $0 |
| Total assets | $50,054 |
| Total liabilities | $191 |
| Net assets or fund balances | $49,863 |