New Heights Therapy Center
- Assets
- $1.3m
- Revenue
- $659.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Folsom, LA
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 72-1420620
Organization Overview
New Heights Therapy Center is located in Folsom, LA. The organization was established in 1999. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2023, New Heights Therapy Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Heights Therapy 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 12/2023, New Heights Therapy Center generated $659.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $655.9k during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A PREMIER THERAPEUTIC EQUESTRIAN RIDING CENTER DEDICATED TO POSITIVELY IMPACTING LIVES THROUGH THE HEALING POWER OF THE HORSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERAPEUTIC RIDING SESSIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen O'keef President | OfficerTrustee | 5 | $0 |
Louise Brady Secretary/tr | OfficerTrustee | 5 | $0 |
Kristin Castro Director | Trustee | 1 | $0 |
Ruel Gober Director | Trustee | 1 | $0 |
Darron Goodgion Director | Trustee | 1 | $0 |
Barry Strickland Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $354,255 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $196,216 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $550,471 |
| Total Program Service Revenue | $140,790 |
| Investment income | $11,565 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500 |
| Net Income from Fundraising Events | -$43,790 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $659,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $94,659 |
| 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 | $189,327 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,111 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $6,011 |
| Advertising and promotion | $2,127 |
| Office expenses | $12,327 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,381 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,099 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,413 |
| Insurance | $18,036 |
| All other expenses | $2,830 |
| Total functional expenses | $655,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $413,981 |
| Savings and temporary cash investments | $44,023 |
| Pledges and grants receivable | $48,163 |
| Accounts receivable, net | $4,259 |
| 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 | $13,548 |
| Net Land, buildings, and equipment | $741,022 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,750 |
| Total assets | $1,268,746 |
| Accounts payable and accrued expenses | $27,610 |
| 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 | $27,610 |
| Net assets without donor restrictions | $1,132,433 |
| Net assets with donor restrictions | $108,703 |
| 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 | $1,268,746 |