This Old Horse Inc
- Assets
- $1.7m
- Revenue
- $692.6k
- Investments
- $0.0
- Employees
- 45
- Location
- Afton, MN
- Founding
- 09/2013
- Data as of
- 12/2020
- EIN
- 45-4234611
Organization Overview
This Old Horse Inc is located in Afton, MN. The organization was established in 2013. 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, This Old Horse Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. This Old Horse 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 12/2020, This Old Horse Inc generated $692.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $747.2k during the year ending 12/2020. While expenses have increased by 17.5% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THIS OLD HORSE, INC., PROVIDES RETIREMENT, RESCUE AND REHABILITATION TO OLDER AND UNWANTED HORSES THAT HAVE HAD A CAREER TO SERVICE HUMANS. THEY CONTINUE TO SERVE AS AMBASSADORS TO THE INCREDIBLE IMPACT OF 'HORSE POWER' BY FACILITATING THE DEVELOPMENT OF HORSEMANSHIP AND BEGINNING RIDING SKILLS TO OLDER AND SPECIAL NEEDS RIDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS OLD HORSE, INC. PROVIDES SUPPORT FOR HORSES IN TRANSITION THROUGH OUR RESCUE, RETIREMENT, AND REHOMING PROGRAMS. THIS OLD HORSE, INC. MANAGES AND OPERATES 12 BARNS THROUGHOUT THE LARGER ST PAUL / MINNEAPOLIS METROPOLITAN AREA WITH ABOUT 235 HORSES UNDER OUR DIRECT CARE. WE OPERATE A FOSTER HOST NETWORK THAT SUPPORTS ANOTHER 100 HORSES IN MINNESOTA, WISCONSIN AND IOWA. THIS OLD HORSE, INC. HAS BEEN ACCREDITED, AWARDED, AND CERTIFIED BY MANY MAJOR EQUINE WELFARE ORGANIZATIONS, EMPIRICALLY AND OBJECTIVELY DEMONSTRATING OUR HIGH STANDARDS OF EQUINE CARE AND SUPPORT AS WELL AS MANAGEMENT, FISCAL AND ADMINISTRATIVE EXCELLENCE. MOST NOTABLY, WE ARE THE ONLY MINNESOTA ORGANIZATION ACCREDITED BY THE GLOBAL FEDERATION OF ANIMAL SANCTUARIES (GFAS) AND THE THOROUGHBRED AFTERCARE ALLIANCE (TAA). WE WERE ACCREDITED BY THE STANDARDBRED TRANSITION ALLIANCE IN 2021. WE ACHIEVED THE STATUS OF GUARDIAN LEVEL FOR THE EQUUS FOUNDATION AND RECEIVED THEIR 2021 LANNIE LIPSON HORSE WHISPERER AWARD. WE ARE AN ASPCA / THE RIGHT HORSE ADOPTION PARTNER. THIS OLD HORSE, INC. HAS A GUIDESTAR PLATINUM TRANSPARENCY RATING AND A TOP RATED NONPROFIT FOR GREAT NONPROFITS. THIS OLD HORSE, INC. IS A MEMBER OF THE MN HORSE WELFARE COALITION AND CERTIFIED BY THE MN HORSE COUNCIL. WE WERE NAMED A PURINA BRAND AMBASSADOR IN 2020, THE FIRST NONPROFIT EQUINE WELFARE ORGANIZATION TO BE HONORED IN THIS WAY, TAKING OUR PLACE WITH SOME OF THE MOST ACCOMPLISHED HORSES AND HORSE PROFESSIONALS IN THE WORLD. WE HAVE BEEN AWARDED AND LAUDED AS A NATIONAL MODEL FOR INNOVATION IN EQUINE ADOPTION STRATEGIES. OUR ADOPTION RATES ARE REMARKABLE BY ANY STANDARD AND EXCEPTIONAL CONSIDERING WE ARE SPECIALISTS IN SUPPORTING UNRIDEABLE, SPECIAL NEEDS, AND OLDER HORSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Rhode Vice Preside | OfficerTrustee | 20 | $0 |
Nancy Turner President | OfficerTrustee | 20 | $0 |
Kathleen Amerongen Secretary/tr | OfficerTrustee | 1 | $0 |
Julie Fischer Director | Trustee | 1 | $0 |
Brenda Teter Director | Trustee | 20 | $0 |
Ellen Hill Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $86,120 |
| Related organizations | $0 |
| Government grants | $47,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $572,029 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $705,149 |
| Total Program Service Revenue | $5,399 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,300 |
| Net Income from Fundraising Events | -$14,654 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $692,594 |
| 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 | $128,906 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $926 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,843 |
| Office expenses | $4,513 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,422 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,607 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,217 |
| Insurance | $18,989 |
| All other expenses | $159,317 |
| Total functional expenses | $747,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,403 |
| 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 | $1,649,085 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,690,488 |
| Accounts payable and accrued expenses | $3,891 |
| 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 | $1,431,450 |
| Unsecured mortgages and notes payable | $30,422 |
| Other liabilities | $0 |
| Total liabilities | $1,465,763 |
| Net assets without donor restrictions | $224,725 |
| 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 | $1,690,488 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that This Old Horse Inc has recieved totaling $131,225.
| Awarding Organization | Amount |
|---|---|
American Society For The Prevention Of Cruelty To Animals New York, NY PURPOSE: SEE PART IV | $31,700 |
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, ENVIRONMENT | $17,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $16,888 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $15,256 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $13,300 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: HAY FOR WELLS CREEK WILD MUSTANG SANCTUARY | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Haven Incorporated Rock Valley, IA | $37,686,994 | $51,176,008 |
Community Action Partnership Of Ramsey And Washington Counties St Paul, MN | $9,911,180 | $29,699,543 |
Newcap Inc Oconto, WI | $18,167,211 | $33,388,655 |
Mental Health Resources Inc St Paul, MN | $13,320,829 | $27,036,443 |
Independence First Inc Milwaukee, WI | $17,159,948 | $27,006,891 |
Mainstream Living Inc Stuart Ambrose Ames, IA | $14,812,634 | $26,461,263 |
Development Homes Inc Grand Forks, ND | $18,682,508 | $18,220,422 |
Operation Threshold Inc Waterloo, IA | $5,831,083 | $12,392,663 |
Behavior Management Systems Inc Rapid City, SD | $9,062,713 | $9,945,656 |
Hiawatha Homes Inc Rochester, MN | $2,202,889 | $10,124,635 |
Southeastern Minnesota Center For Independent Living Inc Rochester, MN | $15,920,379 | $9,266,306 |
Community Living Alliance Inc Madison, WI | $5,997,811 | $9,392,799 |