Loudoun Therapeutic Riding Foundation Inc
- Assets
- $2.0m
- Revenue
- $852.8k
- Investments
- $0.0
- Employees
- 21
- Location
- Lovettsville, VA
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 23-7390594
Organization Overview
Loudoun Therapeutic Riding Foundation Inc is located in Lovettsville, VA. The organization was established in 1999. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Loudoun Therapeutic Riding Foundation Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loudoun Therapeutic Riding Foundation 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, Loudoun Therapeutic Riding Foundation Inc generated $852.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $612.7k during the year ending 12/2021. While expenses have increased by 4.6% 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
IMPROVE AND EMPOWER THE LIVES OF PERSONS WITH DISABILITIES USING EQUINE ASSISTED ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERAPEUTIC RIDING AND EQUINE ASSISTED ACTIVITIES PROVIDE BENEFITS FOR OVERALL HEALTH OF INDIVIDUALS WITH COGNITIVE, PHYSICAL, AND EMOTIONAL DISABILITIES, INCLUDING IMPROVED POSTURE, CONCENTRATION, AND A GENERAL SENSE OF WELL-BEING.
EDUCATIONAL PROGRAMS ARE DESIGNED TO INCREASE THE KNOWLEDGE OF INDIVIDUAL IN A DIRECT WORKING RELATIONSHIP WITH CLIENTS PARTICIPATING IN EQUINE ASSISTED ACTIVITIES AND THERAPIES.
COMPETITION IN THERAPEUTIC RIDING HELPS IMPROVE SELF-IMAGE WHILE LEARNING TO MASTER SKILLS AND TASKS WHICH CAN LEAD TO IMPROVED DAILY LIVING SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Koehler Former Executive Director | 40 | $63,077 | |
Paul Shane Executive Director | Officer | 40 | $4,376 |
Julie Odenwaldt President | OfficerTrustee | 1 | $0 |
Brian Legan Vice President | OfficerTrustee | 1 | $0 |
Rachel Colquitt Secretary | OfficerTrustee | 1 | $0 |
Chris Walton Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $39,849 |
| Related organizations | $0 |
| Government grants | $72,977 |
| All other contributions, gifts, grants, and similar amounts not included above | $622,449 |
| Noncash contributions included in lines 1a–1f | $15,469 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $735,275 |
| Total Program Service Revenue | $107,134 |
| Investment income | $1,321 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,380 |
| 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 | $852,776 |
| 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. | $4,376 |
| Compensation of current officers, directors, key employees. | $2,495 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $309,597 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,498 |
| Payroll taxes | $24,347 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,926 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,349 |
| Advertising and promotion | $0 |
| Office expenses | $11,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,402 |
| Travel | $470 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,372 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,403 |
| Insurance | $19,119 |
| All other expenses | $36,698 |
| Total functional expenses | $612,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,735 |
| Savings and temporary cash investments | $130,630 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,132 |
| 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 | $12,916 |
| Net Land, buildings, and equipment | $1,692,495 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,993,908 |
| Accounts payable and accrued expenses | $22,976 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,072,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,095,476 |
| Net assets without donor restrictions | $719,836 |
| Net assets with donor restrictions | $178,596 |
| 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 | $1,993,908 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Loudoun Therapeutic Riding Foundation Inc has recieved totaling $13,500.
| Awarding Organization | Amount |
|---|---|
Kimberley A Partoll Family Foundation Waterford, VA PURPOSE: 05/21/22CHECK 121CHARITABLE PURPOSES | $10,000 |
Kimberley A Partoll Family Foundation Waterford, VA PURPOSE: 10/05/22CHECK 122CHARITABLE PURPOSES | $2,000 |
Kimberley A Partoll Family Foundation Waterford, VA PURPOSE: 03/15/22CHECK 118CHARITABLE PURPOSES | $1,000 |
Kimberley A Partoll Family Foundation Waterford, VA PURPOSE: 11/29/22CHECK 123CHARITABLE PURPOSES | $500 |
Endowment Analysis
| Beg. Balance | $934,021 |
| Earnings | $3,424 |
| Other Expense | $51,954 |
| Ending Balance | $885,491 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rehab Jv Llc Richmond, VA | $20,485,656 | $58,443,805 |
Southeastern Kentucky Rehabilitation Industries Inc Corbin, KY | $28,420,684 | $26,543,661 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Carolina Seniorcare Newton, NC | $9,804,902 | $14,797,445 |
Pace At Home Inc Newton, NC | $2,211,670 | $12,836,180 |
Suburban-Nrh Medical Rehabilitation Inc Washington, DC | $6,398,799 | $13,346,161 |
Potomac Comprehensive Diagnostic And Guidance Center Inc Romney, WV | $8,136,771 | $9,134,207 |
Easter Seals Tennessee Inc Brentwood, TN | $7,243,675 | $12,361,774 |
Hearing And Speech Agency Of Metropolitan Baltimore Inc Baltimore, MD | $9,422,865 | $8,444,691 |
Redwood School & Rehabilitation Center Inc Ft Mitchell, KY | $11,768,699 | $11,130,183 |
Potomac Case Management Services Inc Hagerstown, MD | $12,600,270 | $9,288,891 |
Kentucky Easter Seal Society Inc Lexington, KY | $88,277,395 | $7,148,440 |