Hearts Therapeutic Riding Center Inc is located in Egg Harbor Township, NJ. The organization was established in 2015. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hearts Therapeutic Riding Center 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, Hearts Therapeutic Riding Center Inc generated $107.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $92.9k 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
CREATE A PROGRAM FOR HANDICAPPED INDIVIDUALS TO IMPROVE THEIR PHYSICAL AND MENTAL HEALTH THROUGH THE THERAPEUTIC BENEFITS OF THE HORSE MOTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE THERAPEUTIC RIDING BENEFITS TO HANDICAPPED INDIVIDUALS TO IMPROVE THEIR PHYSICAL AND MENTAL HEALTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stefanie Green Trustee | Trustee | 1 | $17,600 |
Susan Adams Secretary | Trustee | 1 | $4,280 |
Dorinda Faust President | Trustee | 1 | $3,235 |
Madeline Seidenstricker Trustee | Trustee | 1 | $0 |
Dr Tiffany Morey Trustee | Trustee | 1 | $0 |
John Clark Vice President | Trustee | 1 | $0 |
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 | $35,493 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,493 |
Total Program Service Revenue | $66,903 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $5,264 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $107,664 |
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. | $25,115 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,666 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12 |
Advertising and promotion | $0 |
Office expenses | $2,371 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,362 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $603 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,481 |
All other expenses | $1,861 |
Total functional expenses | $92,851 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $47,135 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $47,135 |
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 | $47,135 |
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 | $47,135 |
Over the last fiscal year, we have identified 1 grants that Hearts Therapeutic Riding Center Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Timbrook Family Foundation- A New Jersey Non-Profit Corporation Linwood, NJ PURPOSE: GENERAL PURPOSE SUPPORT | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Lphsa Inc Lake Placid, NY | $506,275 | $2,224,218 |
Western New York Harness Horsemens Association Inc Batavia, NY | $1,628,703 | $1,541,793 |
Pennsylvania Horse Breeders Association Inc Kennett Square, PA | $833,317 | $1,478,049 |
Pegasus Therapeutic Riding Inc Brewster, NY | $5,410,456 | $1,539,175 |
Thorncroft Equestrian Center Malvern, PA | $14,841,730 | $1,605,648 |
Mashomack Polo Inc Millbrook, NY | $269,274 | $915,466 |
Topping Riding Club Inc Sagaponack, NY | $241,008 | $858,831 |
Princeton Show Jumping Charities Inc Princeton, NJ | $282,300 | $983,157 |
Metropolitan Equestrian Team Inc New York, NY | $407,022 | $589,678 |
Dressage At Devon Downingtown, PA | $164,087 | $746,882 |
Plantation Field Equestrian Events Inc Unionville, PA | $211,293 | $521,664 |