Pony Power Therapies Inc
- Assets
- $8.3m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 31
- Location
- Mahwah, NJ
- Founding
- 04/2006
- Data as of
- 06/2022
- EIN
- 20-3210841
Organization Overview
Pony Power Therapies Inc is located in Mahwah, NJ. The organization was established in 2006. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Pony Power Therapies Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pony Power Therapies 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 06/2022, Pony Power Therapies Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 8.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PONY POWER THERAPIES IS A NON-PROFIT ORGANIZATION THAT USES HORSES AND AN ACCESSIBLE FARM TO ENHANCE THE PHYSICAL, SOCIAL, AND EMOTIONAL WELL-BEING OF CHILDREN AND ADULTS WHO NEED EXTRA SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERAPEUTIC RIDING - PONY POWER OFFERS THERAPEUTIC RIDING LESSONS, WHEN INDICATED, TO INDIVIDUALS WITH A BROAD SPECTRUM OF DEVELOPMENTAL AND PHYSICAL DISABILITIES AS WELL AS THOSE MANAGING OTHER LIFE CHALLENGES. THE PROGRAM FOCUSES ON HELPING INDIVIDUALS DEVELOP RIDING SKILLS IN A SUPPORTIVE, ADAPTIVE ENVIRONMENT WHERE MOST PARTICIPANTS REALIZE THERAPEUTIC BENEFITS, SUCH AS GREATER CORE STRENGTH, IMPROVED MOTOR PLANNING AND INCREASED SELF-CONFIDENCE. DURING FY22, PONY POWER PROVIDED 385 THERAPEUTIC RIDING SESSIONS.
HORSE-ASSISTED LEARNING - PONY POWER OFFERS A NON-RIDING PROGRAM AIMED AT DEVELOPING LIFE SKILLS. THE PROGRAM SERVES BOTH INDIVIDUALS AND GROUPS. GROUPS BENEFITING FROM THIS PROGRAM INCLUDE HIGH SCHOOLS SEEKING TO SATISFY COMMUNITY-BASED INSTRUCTION REQUIRMENTS; STUDENTS AND YOUNG ADULTS SEEKING PRE-VOCATIONAL TRAINING; AND ADOLESCENTS, VETERANS AND CAREGIVERS, AMONG OTHERS, STRUGGLING WITH LIFE CHALLENGES SUCH AS PTSD, SUBSTANCE ABUSE/RECOVERY AND ANXIETY AND DEPRESSION. PONY POWER ALSO HAS AN AFTER-SCHOOL PROGRAM FOR ADOLESCENTS IN NEED OF SUPPORT THAT INCORPORATES HORSE-ASSISTED LEARNING. DURING FY22, PONY POWER PROVIDED 71 HORSE-ASSISTED LEARNING SESSIONS TO GROUPS AND INDIVIDUALS.
SCHOOL GROUPS AND SUMMER EXTENDED - THIS PROGRAM COMBINES THE RIDING PROGRAM WITH A NATURE-BASED FARM AND HORSEMANSHIP CURRICULUM. ACTIVITIES INCLUDE GROOMING AND HORSE CARE, INCLUDING FIRST-AID, GARDENING, COMPOSTING AND BEEKEEPING. THIS PROGRAM SERVES ELEMENTARY AND MIDDLE SCHOOLS DURING THE SCHOOL YEAR. IN THE SUMMER, THE PROGRAM SERVES CHILDREN OF VETERANS; PEDIATRIC PATIENTS WHO STRUGGLE WITH LIFE-THREATENING OR LIFE-LIMITING ILLNESSES ALONG WITH THEIR SIBLINGS AND PARENTS; AND CHILDREN WHO ARE AT-RISK IN ADDITION TO CHILDREN WITH DEVELOPMENTAL AND PHYSICAL DISABILITIES. DURING FY22, PONY POWER PROVIDED 36 SESSIONS FOR SCHOOL GROUP AND SUMMER-EXTENDED PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Spett Executive Director | Officer | 40 | $100,000 |
Sue Viniar Board Chair | OfficerTrustee | 1 | $0 |
Michael Jenkins Treasurer | OfficerTrustee | 1 | $0 |
John Workman Secretary | OfficerTrustee | 1 | $0 |
Mark Berman Trustee | Trustee | 1 | $0 |
Steven Hirsh Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $260,228 |
| Related organizations | $0 |
| Government grants | $353,301 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,432,401 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,045,930 |
| Total Program Service Revenue | $440,633 |
| Investment income | $8,880 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $75,600 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $65,989 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,637,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $28,918 |
| 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 | $100,000 |
| Other salaries and wages | $876,947 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $125,404 |
| Payroll taxes | $77,302 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,468 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,524 |
| Advertising and promotion | $0 |
| Office expenses | $43,760 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $130,526 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,134 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $150,908 |
| Insurance | $20,065 |
| All other expenses | $0 |
| Total functional expenses | $1,837,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,076,350 |
| Savings and temporary cash investments | $2,362,114 |
| Pledges and grants receivable | $490,000 |
| Accounts receivable, net | $34,325 |
| 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 | $21,059 |
| Net Land, buildings, and equipment | $4,308,954 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,292,802 |
| Accounts payable and accrued expenses | $55,377 |
| Grants payable | $0 |
| Deferred revenue | $86,605 |
| 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 | $26,332 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $168,314 |
| Net assets without donor restrictions | $7,365,026 |
| Net assets with donor restrictions | $759,462 |
| 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 | $8,292,802 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Pony Power Therapies Inc has recieved totaling $161,039.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $92,590 |
Valley Hospital Inc Ridgewood, NJ PURPOSE: GENERAL SUPPORT | $17,500 |
Knight Family Charitable Foundation Inc Ridgewood, NJ PURPOSE: SUPPORT FOR PONY POWER THERAPIES OPERATING MISSION | $15,000 |
Spindrift Family Foundation New York, NY PURPOSE: GENERAL UNRESTRICTED | $10,000 |
Louis And Anne Abrons Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Barba Family Foundation Inc Oakland, NJ PURPOSE: GENERAL SUPPORT | $5,113 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springboard Collaborative Philadelphia, PA | $12,671,655 | $22,795,961 |
Christs Home Warminster, PA | $89,380,042 | $18,912,760 |
Family And Childrens Association Garden City, NY | $18,906,082 | $21,671,282 |
Innocence Project Inc New York, NY | $73,728,840 | $39,853,614 |
Agency For Community Empowerment Of Nepa Scranton, PA | $6,588,255 | $19,491,125 |
Ahavat Yisroel Humanity Inc Brooklyn, NY | $8,284,254 | $21,769,721 |
Catholic Family & Community Services Clifton, NJ | $3,341,340 | $18,611,591 |
Dr Gertrude A Barber In Home Services Inc Erie, PA | $4,360,447 | $17,320,654 |
Ao North America Inc Wayne, PA | $10,460,064 | $15,724,733 |
Pro Action Of Steuben And Yates Inc Bath, NY | $5,623,306 | $16,689,499 |
Ibero-American Action League Inc Rochester, NY | $5,689,944 | $13,857,002 |
Fayette County Community Action Agency Inc Uniontown, PA | $17,552,329 | $15,219,318 |