Horses For Healing Inc
- Assets
- $1.0m
- Revenue
- $339.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Bentonville, AR
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 58-2105530
Organization Overview
Horses For Healing Inc is located in Bentonville, AR. The organization was established in 1994. 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, Horses For Healing Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horses For Healing 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, Horses For Healing Inc generated $339.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $310.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. 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
TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS WITH SPECIAL NEEDS THROUGH THERAPEUTIC RIDING PROGRAMS, WITH AN EMPHASIS ON CHILDREN. PROGRAMS ARE PROVIDED REGARDLESS OF ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HORSES FOR HEALING PROVIDES THERAPEUTIC RIDING FOR CHILDREN WHO HAVE SPECIAL NEEDS BECAUSE OF THEIR INDIVIDUAL DISABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Habern Vice President | Trustee | 0 | $0 |
Daniel Fields Treasurer | Trustee | 0 | $0 |
Michelle Wolfe Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,009 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,751 |
| Total Program Service Revenue | $144,918 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $339,382 |
| 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 | $94,858 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,694 |
| Payroll taxes | $7,328 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,434 |
| Fees for services: Accounting | $4,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,712 |
| Office expenses | $19,584 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $65,414 |
| Travel | $94 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,788 |
| All other expenses | $5,946 |
| Total functional expenses | $310,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,137 |
| Savings and temporary cash investments | $74,570 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,390 |
| 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 | $891,441 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,881 |
| Total assets | $1,015,419 |
| Accounts payable and accrued expenses | $2,382 |
| 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 | $16,344 |
| Total liabilities | $18,726 |
| Net assets without donor restrictions | $996,693 |
| 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 | $1,015,419 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Horses For Healing Inc has recieved totaling $56,119.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: TO SUPPORT THERAPEUTIC RIDING SUSTAINABILITY. THIS IS THE THIRD AND FINAL PAYMENT OF A $240,000.00 GRANT. | $50,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $119 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Start Corporation Houma, LA | $15,661,885 | $35,284,131 |
Lighthouse For The Blind St Louis, MO | $132,994,524 | $33,499,796 |
Disability Services Of The Southwest San Antonio, TX | $12,999,029 | $27,578,028 |
Hughen Center Inc Port Arthur, TX | $48,676,855 | $32,249,164 |
Signal Centers Inc Chattanooga, TN | $10,070,860 | $27,319,073 |
Center For Human Services Inc Sedalia, MO | $26,886,839 | $25,741,187 |
Area Resources For Community And Human Services St Louis, MO | $7,485,781 | $21,715,515 |
Buckner International Dallas, TX | $12,129,357 | $21,781,250 |
Community Health Ctr Of Central Missouri Jefferson City, MO | $23,228,826 | $19,931,072 |
Arkansas Enterprises For The Developmentally Disabled Inc Little Rock, AR | $11,004,956 | $14,277,062 |
Military Warriors Support Foundation San Antonio, TX | $26,095,499 | $9,501,589 |
Caritas Of Austin Austin, TX | $7,645,786 | $15,511,664 |