Palomino Mounted Patrol
- Assets
- $619.1k
- Revenue
- $36.4k
- Investments
- $53.6k
- Employees
- 0
- Location
- Aurora, CO
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 84-0410141
Organization Overview
Palomino Mounted Patrol is located in Aurora, CO. The organization was established in 2002. 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. Palomino Mounted Patrol 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, Palomino Mounted Patrol generated $36.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $45.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM PUT ON HOLD DUE TO COVID 19 DURING 2020, EXPENSES OF HORSES WERE STILL REQUIRED DURING 2021 - HANDICAPPED AND SPECIAL NEEDS CHILDRENS THERAPEUTIC HORSE RIDING PROGRAM, CALLED PALOMINO PALS-THE PROGRAM IS INTENDED TO AID IN THE PHYSICAL STABILITY OF THE CHILD AND THE EMOTIONAL NURTURING CREATED BY THE EXPOSURE TO A NEW ACTIVITY. RIDING A HORSE HELPS MUSCULAR DEVELOPMENT AND STABILITY. THE PROGRAM IS CONDUCTED AT A LOCAL STABLE BY THE PROGRAMS DIRECTOR, ORGANIZATIONS MEMBERS AND PUBLIC VOLUNTEERS. THE CHILDREN SEEN IN THE PROGRAM HAVE MANY DIFFERENT DISABILITIES AND SPECIAL NEEDS, SOME OF WHICH ARE -- BLINDNESS, DOWNS SYNDROME, CEREBRAL PALSY, CANCER, AUTISM, ETC. SINCE 2012 WE HAVE SERVED FROM 55 TO A LITTLE OVER 60 SPECIAL NEEDS CHILDREN HELPED THROUGH THE PROGRAM.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,614 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$198 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,510 |
| Total operating and administrative expenses | $45,510 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $45,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,820 |
| Savings and temporary cash investments | $2,024 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $557,600 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $46,783 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $619,060 |
| Accounts payable and accrued expenses | $7,160 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8,000 |
| Total liabilities | $15,160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Cutting Horse Association Sonoita, AZ | $358,442 | $3,211,338 |
Professional Association Of Therapeutic Horsemanship Intl Westminster, CO | $1,976,775 | $2,827,086 |
Colorado Springs Rodeo Association Colorado Springs, CO | $74,186 | $2,419,320 |
Oklahoma Quarter Horse Racing Association Inc Edmond, OK | $3,393,007 | $2,258,601 |
Omaha Equestrian Foundation Omaha, NE | $87,852 | $1,522,092 |
Tucson Rodeo Committee Inc Tucson, AZ | $1,987,361 | $2,029,512 |
Utah Cutting Horse Association Lehi, UT | $334,665 | $1,358,261 |
Sheridan Wyo Rodeo Inc Sheridan, WY | $1,087,929 | $1,273,070 |
Nebraska Horsemens Benevolent & Protective Association Inc Lincoln, NE | $12,449,045 | $1,882,455 |
Arizona Reining Horse Association Inc Scottsdale, AZ | $327,080 | $1,052,561 |
Therapeutic Riding Of Tucson Inc Tucson, AZ | $1,737,432 | $1,013,964 |
Oklahoma Quarter Horse Association Inc Oklahoma City, OK | $788,287 | $878,265 |