Cornerstone Therapeutic Riding Center
- Assets
- $110.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Escondido, CA
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 57-1147584
Organization Overview
Cornerstone Therapeutic Riding Center is located in Escondido, CA. The organization was established in 2006. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Cornerstone Therapeutic Riding Center 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, Cornerstone Therapeutic Riding Center generated $113.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $173.4k during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CORNERSTONE PROVIDES EQUINE ASSISTED THERAPEUTIC RIDING TO CHILDREN, YOUTH AND ADULTS WITH PHYSICAL, COGNITIVE AND EMOTIONAL DISABILITIES.ALSO OPERATION SADDLE UP IS A PROGRAM DEDICATED TO THE HEALING OF BODY, MIND AND SPIRIT OF UNITED STATES MILITARY SERVICE MEMBERS RETURNING FROM IRAQ AND AFGHANISTAN WHO HAVE LOST LIMBS, TRAUMATIC BRAIN INJURIES, POST TRAUMATIC STRESS DISORDER (PTSD) AND ARE RECOVERING FROM THESE AND OTHER WAR RELATED INJURIES AND ILLNESSES. CORNERSTONE'S UNIQUE AND BEAUTIFUL FACILITY IS LIKE NO OTHER IN SAN DIEGO COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Beckett Executive Dir. | 40 | $37,696 | |
Kacie Doyle Sec/trea | 1.5 | $0 | |
Jennifer Fabrick Board Member | 1 | $0 | |
Alan Beswick President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,530 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $3,173 |
| Net Income from Gaming & Fundraising | $3,972 |
| Other Revenue | $0 |
| Total Revenue | $113,675 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,312 |
| Professional fees and other payments to independent contractors | $515 |
| Occupancy, rent, utilities, and maintenance | $11,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $108,147 |
| Total expenses | $173,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,574 |
| Other assets | $0 |
| Total assets | $110,466 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cornerstone Therapeutic Riding Center has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Donegan-Burns Foundation Tucson, AZ PURPOSE: CHARITY | $20,000 |
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