Equamore Foundation
- Assets
- $1.1m
- Revenue
- $423.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Ashland, OR
- Founding
- 09/2013
- Data as of
- 12/2022
- EIN
- 46-2853049
Organization Overview
Equamore Foundation is located in Ashland, OR. The organization was established in 2013. 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 12/2022, Equamore Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equamore Foundation 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 12/2022, Equamore Foundation generated $423.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $382.9k during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AN ANIMAL WELFARE ORGANIZATION SUPPORTED ENTIRELY BY DONATIONS AND DEDICATED TO HORSES WITHOUT ALTERNATIVES. THE ORGANIZATION SERVES HORSES THAT ARE ABUSED, NEGLECTED, UNWANTED, AND AGED WHO HAVE NO ALTERNATIVES FOR THEIR CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANCTUARY FOR ABUSED AND NEGLECTED EQUINES: THE FOUNDATION PROVIDES RESCUE AND SANCTUARY TO ABUSED, NEGLECTED AND ABANDONED HORSES WHO HAVE NO OTHER ALTERNATIVE FOR LIFE. TO HELP FUND OUR SANCTUARY OPERATIONS AND THE CARE OF OUR APPROXIMATELY 60 EQUINES, WE HAVE "FRIENDS OF EQUAMORE". DONORS MAY BECOME "FRIENDS OF EQUAMORE" BY PARTICIPATING IN OUR "BUY-A-BALE PROGRAM AND THROUGH OUR HORSE SPONSORSHIP PROGRAM. FOR OUR BUY-A-BALE PROGRAM, DONORS PLEDGE A MONTHLY RECURRING DONATION OF AT LEAST $20 (THE AVERAGE COST OF A BALE OF HAY). ADDITIONALLY, ONE OR MORE DONOR MAY CHOOSE TO SPONSOR A PARTICULAR HORSE BY DONATING ALL OR A PORTION OF THE COST OF CARING FOR A SPECIFIC HORSE THEY SELECT. THOSE DONORS ALSO OFTEN ESTABLISH A RELATIONSHIP WITH THE HORSE THEY SPONSOR, BENEFITING BOTH THE DONOR AND THE HORSE. OUR YEAR ROUND BUY-A-BALE DONORS AND HORSE SPONSORS PROVIDE US WITH PREDICTABLE RECURRING DONATIONS YEAR ROUND. OUR GOAL IS TO HAVE AT LEAST 70% OF OUR OPERATING EXPENSES PAID THROUGH RECURRING DONORS.
OREGON HAY BANK: THE OREGON HAY BANK PROVIDES ASSISTANCE TO RESPONSIBLE HORSE OWNERS FACING FINANCIAL CRISIS WITH HAY AND FEED ASSISTANCE, HOOF CARE AND VETERINARY SERVICES SO THEY CAN KEEP THEIR HORSES AT HOME. WE HAVE A HIGH SUCCESS RATE WITH THIS PROGRAM IN THAT OVER 90% OF HORSES HELPED REMAIN IN THEIR HOMES - AND DO NOT NEED TO BECOME EQUAMORE HORSES. QUALIFYING ORGANIZATIONS MAY ALSO REQUEST ASSISTANCE WITH UP-FRONT COSTS OF RESCUING UNWANTED HORSES AND ASSISTANCE DURING TIMES OF CRISIS SUCH AS NATURAL DISASTERS.
EDUCATION: WE ARE DETERMINED TO EDUCATE THE PUBLIC NOT ONLY ABOUT OUR SANCTUARY AND OUR HORSES, BUT ABOUT THE SIGNIFICANT PROBLEM OF UNWANTED HORSES AND HORSE ABUSE AND NEGLECT NATIONALLY. WE INCLUDE THIS INFORMATION IN NEWSLETTERS, EVENTS, PRESENTATIONS, SANCTUARY TOURS, AND OUR WEB SITE. OUR LONG TERM GOAL IS TO HAVE OUR RESCUE AND SANCTUARY WORK BECOME UNNECESSARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Davis Executive Director | Officer | 50 | $35,568 |
Nancy Ash President/secretary | OfficerTrustee | 2 | $0 |
Collen Dumont Director/treasurer | OfficerTrustee | 2 | $0 |
Dr Julie Benier DVM Director | Trustee | 2 | $0 |
Doug Dipasquale Director | Trustee | 2 | $0 |
Jan Stover Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,177 |
| All other contributions, gifts, grants, and similar amounts not included above | $366,490 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $394,667 |
| Total Program Service Revenue | $10,650 |
| Investment income | $3,990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,402 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $423,607 |
| 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. | $35,568 |
| Compensation of current officers, directors, key employees. | $7,114 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,072 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,039 |
| Information technology | $1,892 |
| Royalties | $0 |
| Occupancy | $9,819 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,787 |
| All other expenses | $0 |
| Total functional expenses | $382,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,013 |
| Savings and temporary cash investments | $10,692 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,628 |
| 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 | $1,094,578 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,957 |
| Total assets | $1,132,868 |
| Accounts payable and accrued expenses | $2,104 |
| 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 | $66,000 |
| Secured mortgages and notes payable | $366,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $434,104 |
| Net assets without donor restrictions | $0 |
| 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 | $698,764 |
| Total liabilities and net assets/fund balances | $1,132,868 |