Reins Of Hope Inc
- Assets
- $106.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elmira, NY
- Founding
- 01/1993
- Data as of
- 12/2018
- EIN
- 22-3190469
Organization Overview
Reins Of Hope Inc is located in Elmira, NY. The organization was established in 1993. 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. Reins Of Hope 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 12/2018, Reins Of Hope Inc generated $24.5k 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 (12.5%) each year. All expenses for the organization totaled $35.0k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
PROVIDE RECREATIONAL HORSEBACK RDING FOR HANDICAP CHILDREN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Thomas Treasurer | 5 | $0 | |
Terri Comfort Director | 5 | $0 | |
Christine Pallone Director | 5 | $0 | |
Linda Olthof Director | 5 | $0 | |
Amy Gush Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,138 |
| Total Program Service Revenue | $7,199 |
| Membership dues | $140 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,477 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,325 |
| Professional fees and other payments to independent contractors | $3,979 |
| Occupancy, rent, utilities, and maintenance | $18,583 |
| Printing, publications, postage, and shipping | $5,786 |
| Other expenses | $4,325 |
| Total expenses | $34,998 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,607 |
| Other assets | $0 |
| Total assets | $106,607 |
| Total liabilities | $330 |
| Net assets or fund balances | $106,277 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reins Of Hope Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Lindau Foundation Inc Elmira, NY PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ox Ridge Riding And Racquet Club Inc Darien, CT | $12,713,447 | $5,659,718 |
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Lphsa Inc Lake Placid, NY | $506,275 | $2,224,218 |
American Horse Trials Foundation Inc Southwick, MA | $1,169,339 | $2,675,908 |
Wilton Riding Club Incorporated Wilton, CT | $810,219 | $1,435,945 |
Green Mountain Horse Association Inc South Woodstock, VT | $5,227,035 | $1,822,357 |
Lovelane Special Needs Horseback Riding Program Inc Lincoln, MA | $10,298,349 | $1,902,873 |
Western New York Harness Horsemens Association Inc Batavia, NY | $1,628,703 | $1,541,793 |
Pennsylvania Horse Breeders Association Inc Kennett Square, PA | $833,317 | $1,478,049 |
Pegasus Therapeutic Riding Inc Brewster, NY | $5,410,456 | $1,539,175 |
Thorncroft Equestrian Center Malvern, PA | $14,841,730 | $1,605,648 |
New Canaan Mounted Troop Inc New Canaan, CT | $3,756,567 | $1,103,077 |