Horse Hugs
- Assets
- $10.5k
- Revenue
- $2.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Jensen Beach, FL
- Founding
- 09/2003
- Data as of
- 12/2020
- EIN
- 20-0182355
Organization Overview
Horse Hugs is located in Jensen Beach, FL. The organization was established in 2003. According to its NTEE Classification (D99) the organization is classified as: Animal-Related N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horse Hugs 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 12/2020, Horse Hugs generated $2.3k 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 (34.3%) each year. All expenses for the organization totaled $13.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Spooner Chief Executive Officer | 3 | $0 | |
Leonard Spooner Chief Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,253 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,253 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $1,728 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,775 |
| Total operating and administrative expenses | $13,513 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $13,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,596 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $864 |
| Other assets | $0 |
| Total assets | $10,460 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Horse Hugs has recieved totaling $55.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Flamingo Gardens Inc Davie, FL | $4,834,622 | $5,235,595 |
Rescue Life Inc Palm Beach Gardens, FL | $1,309,637 | $1,681,852 |
Operation Snip Inc Largo, FL | $77,704 | $1,110,156 |
Full Circle Farm Sanctuary Of Western North Carolina Inc Warmsprings, GA | $1,654,904 | $735,341 |
United States Pre Association Inc Wellington, FL | $271,769 | $934,062 |
Dontes Den Foundation Inc Myakka City, FL | $3,922,143 | $258,413 |
Everglades Angels Dog Rescue Inc Pompano Beach, FL | $668,983 | $519,547 |
Rescue 22 Foundation Bradenton, FL | $36,159 | $396,714 |
Paw Patrol Animal Rescue And Sanctuary Inc Miami, FL | $16,716 | $338,697 |
Pawlicious Poochie Pet Rescue Inc Saint Petersburg, FL | -$4,000 | $319,020 |
Save A Life Pet Rescue Inc Oviedo, FL | $148,115 | $341,375 |
Gasparilla Charity Horse Show Inc Riverview, FL | $11,452 | $220,247 |