Pal-O-Mine Equestrian Inc
- Assets
- $3.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Islandia, NY
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 11-3302338
Organization Overview
Pal-O-Mine Equestrian Inc is located in Islandia, NY. The organization was established in 1996. 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, Pal-O-Mine Equestrian Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pal-O-Mine Equestrian 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, Pal-O-Mine Equestrian Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 3.9% 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
MISSION IS TO PROVIDE A COMPREHENSIVE THERAPEUTIC EQUINE PROGRAM USING HORSES TO FACILITATE GROWTH, LEARNING & HEALING. OUR POPULATION INCLUDES CHILDREN AND ADULTS WITH DISABILITIES,THOSE WHO HAVE BEEN ABUSED OR NEGLECTED, THE MILITARY AND THE ECONOMICALLY COMPROMISED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION IS TO PROVIDE A COMPREHENSIVE THERAPEUTIC EQUINE PROGRAM USING HORSES TO FACILITATE GROWTH, LEARNING & HEALING. OUR POPULATION INCLUDES CHILDREN AND ADULTS WITH DISABILITIES, THOSE WHO HAVE BEEN ABUSED OR NEGLECTED, THE MILITARY AND THE ECONOMICALLY COMPROMISED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Gatti CEO | OfficerTrustee | 60 | $62,869 |
William Gatti Director | Trustee | 10 | $0 |
Howard Rachlin Director | Trustee | 5 | $0 |
Nancy Engelhardt Director | Trustee | 2 | $0 |
Robert Bigler Treasurer | Trustee | 10 | $0 |
Blair Griesmeyer Chairperson | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $111,273 |
| Related organizations | $0 |
| Government grants | $184,574 |
| All other contributions, gifts, grants, and similar amounts not included above | $857,490 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,153,337 |
| Total Program Service Revenue | $409,104 |
| Investment income | $167 |
| 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 | $1,562,608 |
| 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. | $62,869 |
| Compensation of current officers, directors, key employees. | $6,287 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,033 |
| Pension plan accruals and contributions | $11,488 |
| Other employee benefits | $41,512 |
| Payroll taxes | $23,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $83,678 |
| Fees for services: Accounting | $38,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $360,675 |
| Advertising and promotion | $3,650 |
| Office expenses | $57,215 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,956 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $82,375 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,275 |
| Insurance | $79,376 |
| All other expenses | $2,119 |
| Total functional expenses | $1,404,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,898 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,465 |
| 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 | $6,943 |
| Net Land, buildings, and equipment | $3,223,554 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,187 |
| Total assets | $3,500,047 |
| Accounts payable and accrued expenses | $45,918 |
| Grants payable | $0 |
| Deferred revenue | $7,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $40,350 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,776,665 |
| Other liabilities | $8,163 |
| Total liabilities | $1,878,596 |
| Net assets without donor restrictions | $1,580,579 |
| Net assets with donor restrictions | $40,872 |
| 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 | $3,500,047 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pal-O-Mine Equestrian Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Frances Lear Foundation Harrison, NY PURPOSE: GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council Of Three Rivers American Indian Center Inc Pittsburgh, PA | $2,198,563 | $19,524,702 |
Everas Community Services Inc Somerset, NJ | $31,405,785 | $23,760,269 |
North East Educational And Developmental Supports Center Inc Tewksbury, MA | $8,053,747 | $19,496,777 |
Intercommunity Action Incorporated Philadelphia, PA | $14,614,293 | $19,901,552 |
Spectrum Community Services Inc Allentown, PA | $6,288,427 | $19,062,960 |
Prospectus Associates Inc Reading, PA | $18,973,994 | $22,583,253 |
Handicapped Childrens Association Of Southern New York Inc Johnson City, NY | $15,724,051 | $20,449,293 |
Southern Tier Independence Center Inc Binghamton, NY | $11,429,557 | $17,107,173 |
Rockland Independent Living Center Inc West Nyack, NY | $7,082,649 | $18,562,000 |
New York Association On Independent Living Albany, NY | $7,790,174 | $16,532,510 |
Coalition For The Homeless Inc New York, NY | $43,159,669 | $27,848,334 |
Lesbian And Gay Community Services Center Inc New York, NY | $32,292,978 | $15,100,688 |