Professional Association Of Therapeutic Horsemanship Intl
- Assets
- $2.7m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 25
- Location
- Westminster, CO
- Founding
- 05/1972
- Data as of
- 06/2022
- EIN
- 23-7169769
Organization Overview
Professional Association Of Therapeutic Horsemanship Intl, operating under the name Path International, is located in Westminster, CO. The organization was established in 1972. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Path International employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Path International 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, Path International generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Path International has awarded 120 individual grants totaling $1,143,962. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE LEAD THE ADVANCEMENT OF PROFESSIONAL EQUINE-ASSISTED SERVICES BY SUPPORTING OUR MEMBERS AND STAKEHOLDERS THROUGH RIGOROUSLY DEVELOPED STANDARDS, CREDENTIALING, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP PROVIDES A SENSE OF COMMUNITY FOR THE EQUINE-ASSISTED SERVICES (EAS) PROFESSIONALS AND SUPPORTERS WHO JOIN PATH INTERNATIONAL. MORE THAN 8,000 MEMBERS AROUND THE WORLD HELP MORE THAN 66,000 CHILDREN AND ADULTS WITH PHYSICAL, COGNITIVE AND EMOTIONAL CHALLENGES AS THEY STRIVE TO REACH THEIR HEALTH AND WELLNESS GOALS. ADDITIONALLY, PATH INTERNATIONAL STRIDES MAGAZINE, ENEWS, AND WEBSITE PROVIDE VALUABLE INFORMATION TO MEMBERS AND THE PUBLIC.
ALL OTHER PROGRAM EXPENSES
EDUCATION - PATH INTERNATIONAL PROVIDES EDUCATIONAL OPPORTUNITIES TO PROFESSIONALS IN THE INDUSTRY VIA ON-LINE COURSES, WEBINARS, WORKSHOPS, AND CLINICS. IN ADDITION, THE ANNUAL CONFERENCE AND 11 REGIONAL CONFERENCES PROVIDE PROFESSIONAL DEVELOPMENT, QUALITY CONTINUING EDUCATION UNITS TO MAINTAIN CERTIFICATIONS AND NETWORKING WITH COLLEAGUES.
CREDENTIALING - PATH INTERNATIONAL CERTIFIES AND ACCREDITS CENTERS, INSTRUCTORS, AND EQUINE SPECIALIST ACCORDING TO A SET OF FIELD TESTED STANDARDS TO ENSURE THE HIGHEST LEVELS OF SAFETY, ETHICS, AND EFFECTIVENESS IN THE EQUINE ASSISTED SERVICES INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Alm CEO | Officer | 40 | $157,940 |
Ed Milford President | OfficerTrustee | 2 | $0 |
Susan Becklenberg Trustee | Trustee | 2 | $0 |
Scott Carver Treasurer | OfficerTrustee | 2 | $0 |
Jessica Normand Secretary | OfficerTrustee | 2 | $0 |
Brandan Montminy Officer At L | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $682,316 |
| Investment income | $1,573 |
| 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 | $214,373 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,610,580 |
| Statement of Expenses | |
|---|---|
| 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. | $154,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $899,804 |
| Pension plan accruals and contributions | $23,302 |
| Other employee benefits | $91,468 |
| Payroll taxes | $82,008 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $433 |
| Fees for services: Accounting | $11,906 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $106,223 |
| Advertising and promotion | $0 |
| Office expenses | $38,037 |
| Information technology | $129,512 |
| Royalties | $0 |
| Occupancy | $97,461 |
| Travel | $11,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,159 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,810 |
| Insurance | $7,322 |
| All other expenses | $0 |
| Total functional expenses | $2,286,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,096 |
| Savings and temporary cash investments | $1,613,798 |
| Pledges and grants receivable | $36,196 |
| Accounts receivable, net | $3,613 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,347 |
| Prepaid expenses and deferred charges | $121,378 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $101,644 |
| Other assets | $378,177 |
| Total assets | $2,683,906 |
| Accounts payable and accrued expenses | $148,539 |
| Grants payable | $0 |
| Deferred revenue | $606,732 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $395,114 |
| Total liabilities | $1,150,385 |
| Net assets without donor restrictions | $1,374,913 |
| Net assets with donor restrictions | $158,608 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,533,521 |
Grants Awarded
Over the last fiscal year, Professional Association Of Therapeutic Horsemanship Intl has awarded $222,766 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BRAVEHEARTS THERAPEUTICRIDING CENTER | | | $18,750 |
CALVIN THERAPEUTIC RIDING PROGRAM | | | $5,400 |
CHAPS EQUINE ASSISTED THERAPY | | | $10,793 |
ENDEAVOR THERAPEUTIC HORSEMANSHIP | | | $10,050 |
EQUINE-ASSISTED THERAPIES OF S FL | | | $9,300 |
HEARTS & HORSES INC | | | $10,790 |