Wings Of Hope Equitherapy
- Assets
- $914.1k
- Revenue
- $608.1k
- Investments
- $0.0
- Employees
- 9
- Location
- Burleson, TX
- Founding
- 07/1997
- Data as of
- 07/2021
- EIN
- 75-2646324
Organization Overview
Wings Of Hope Equitherapy is located in Burleson, TX. The organization was established in 1997. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 07/2022, Wings Of Hope Equitherapy employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wings Of Hope Equitherapy 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 07/2021, Wings Of Hope Equitherapy generated $608.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $430.8k during the year ending 07/2021. While expenses have increased by 0.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IT IS THE MISSION OF WINGS OF HOPE TO PROVIDE EQUINE ASSISTED ACTIVITIES TO CHILDREN AND ADULTS WITH UNIQUE PHYSICAL, MENTAL AND EMOTIONAL CHALLENGES. IT IS OUR CORE PURPOSE TO PROVIDE HOPE AND HEALING THROUGH GENTLE HORSES AND THE LOVE OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINGS OF HOPE'S MISSION IS TO PROVIDE EQUINE-ASSISTED ACTIVITIES AND COMMUNITY EDUCATIONAL OUTREACH FOR CHILDREN AND ADULTS WITH UNIQUE PHYSICAL, MENTAL AND EMOTIONAL CHALLENGES. SINCE 1996 WINGS OF HOPE HAS SERVED AS A SOURCE OF HOPE, HEALING, AND DISCOVERY FOR INDIVIDUALS WITH DISABILITIES ACROSS THE DFW METROPLEX. THE VAST MAJORITY OF OUR EQUESTRIANS AND VOLUNTEERS RESIDE IN THE TARRANT AND JOHNSON COUNTY AREA. WE SERVE AS AN ADVOCATE OF INCLUSION THROUGH THE PARTNERSHIP OF A HORSE FOR THOSE WHO NAVIGATE DAILY LIFE WITH THE CHALLENGES AND STIGMA ASSOCIATED WITH A DISABILITY.
WINGS OF HOPE EQUITHERAPY WAS FOUNDED 1996 TO PROVIDE EQUINE ASSISTED SERVICES AND COMMUNITY OUTREACH TO THOSE WITH DISABILITIES AND CHALLENGES. WINGS OF HOPE PROVIDES EQUINE ASSISTED SERVICES AND COMMUNITY EDUCATIONAL OUTREACH TO CHILDREN AND ADULTS WITH UNIQUE PHYSICAL, MENTAL AND EMOTIONAL CHALLENGES IN THE DFW METROPLEX. THE VAST MAJORITY OF OUR RIDERS AND VOLUNTEERS RESIDE IN THE TARRANT AND JOHNSON COUNTY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheyenne Cardona President | OfficerTrustee | 5 | $0 |
Max Price Treasurer | OfficerTrustee | 5 | $0 |
Cathy Hobbs Secretary | OfficerTrustee | 5 | $0 |
Lisa Nussbaum PHD Vice Preside | OfficerTrustee | 5 | $0 |
Allan White Director | Trustee | 1 | $0 |
Noreen Corlett Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $396,245 |
| Investment income | $2,975 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $150,279 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $608,058 |
| Statement of Expenses | |
|---|---|
| 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. | $49,442 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $207,063 |
| 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 | $10,725 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $36,491 |
| Insurance | $9,954 |
| All other expenses | $0 |
| Total functional expenses | $430,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,760 |
| Savings and temporary cash investments | $300,671 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,637 |
| 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 | $46,174 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $914,098 |
| Accounts payable and accrued expenses | $15,463 |
| Grants payable | $0 |
| Deferred revenue | $98,598 |
| 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 | $50,250 |
| Other liabilities | $0 |
| Total liabilities | $164,311 |
| 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 |
| Total liabilities and net assets/fund balances | $749,787 |
Grants Recieved
Over the last fiscal year, we have identified 27 grants that Wings Of Hope Equitherapy has recieved totaling $321,740.
| Awarding Organization | Amount |
|---|---|
The Junior League Of Fort Worth Inc Fort Worth, TX PURPOSE: GENERAL SUPPORT | $125,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $31,659 |
Rainwater Charitable Foundation Fort Worth, TX PURPOSE: GENERAL OPERATIONS | $25,000 |
Rainwater Charitable Foundation Fort Worth, TX PURPOSE: GENERAL OPERATIONS | $25,000 |
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX PURPOSE: PROVIDE THE PARTNERSHIP | $20,000 |
Rees-Jones Foundation Dallas, TX PURPOSE: FUNDING TO PROVIDE EQUINE THERAPIES TO CHILDREN WITH DISABILITIES. | $20,000 |
Endowment Analysis
| Beg. Balance | $120,916 |
| Earnings | $15,228 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Burke Center Lufkin, TX | $33,896,075 | $57,587,493 |
Bost Inc Fort Smith, AR | $31,302,190 | $39,844,873 |
First Step Inc Hot Springs, AR | $25,350,913 | $29,227,176 |
Helping Restore Ability Arlington, TX | $3,378,629 | $25,998,011 |
Arc Of Acadiana Inc New Iberia, LA | $47,064,233 | $25,738,981 |
Hhi Services Inc San Antonio, TX | $6,316,586 | $22,157,883 |
Dale Rogers Training Center Inc Oklahoma City, OK | $23,175,089 | $21,069,143 |
Pursuit Foundation Houston, TX | $65,855,899 | $12,885,980 |
Mental Health Mental Retardation Authority Of Brazos Valley Bryan, TX | $8,010,421 | $17,030,112 |
Westside Habilitation Center Alexandria, LA | $32,218,958 | $21,389,124 |
The Arc Caddo-Bossier Shreveport, LA | $19,493,139 | $16,301,333 |
Home Of Hope Inc Vinita, OK | $9,542,630 | $17,584,477 |