Chesapeake Therapeutic Riding Inc
- Assets
- $985.3k
- Revenue
- $309.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Abingdon, MD
- Founding
- 04/2007
- Data as of
- 12/2021
- EIN
- 26-0068227
Organization Overview
Chesapeake Therapeutic Riding Inc is located in Abingdon, MD. The organization was established in 2007. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Chesapeake Therapeutic Riding Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chesapeake Therapeutic Riding 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, Chesapeake Therapeutic Riding Inc generated $309.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $272.8k during the year ending 12/2021. While expenses have increased by 3.8% 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
CHESAPEAKE THERAPEUTIC RIDING USES HORSES AND RELATED ACTIVITIES TO PROVIDE THERAPEUTIC RECREATION AND ALTERNATIVE THERAPIES TO INDIVIDUALS WITH SPECIAL NEEDS, DISADVANTAGED YOUTH AND THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROGRAM SERVICES
PROVIDE EQUINE THERAPEUTIC RIDING TO INDIVIDUALS WITH SPECIAL NEEDS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Schmidt Executive Dir. | OfficerTrustee | 70 | $66,560 |
June Poole Treasurer | OfficerTrustee | 0 | $0 |
Phil Wohlfort President | OfficerTrustee | 0 | $0 |
Beth Marchiano Vice President | OfficerTrustee | 0 | $0 |
Sarah Ortiz-Brown Director | Trustee | 0 | $0 |
Mary Thompson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $95,579 |
| All other contributions, gifts, grants, and similar amounts not included above | $112,433 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,012 |
| Total Program Service Revenue | $35,540 |
| Investment income | $30 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $309,055 |
| 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. | $66,560 |
| Compensation of current officers, directors, key employees. | $5,325 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,026 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,033 |
| Payroll taxes | $9,010 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,236 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39,092 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,020 |
| Insurance | $7,119 |
| All other expenses | $23,217 |
| Total functional expenses | $272,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,311 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $396 |
| Net Land, buildings, and equipment | $808,568 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $985,275 |
| Accounts payable and accrued expenses | $4,602 |
| 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 | $583,540 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,408 |
| Total liabilities | $594,550 |
| Net assets without donor restrictions | $373,794 |
| Net assets with donor restrictions | $16,931 |
| 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 | $985,275 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Chesapeake Therapeutic Riding Inc has recieved totaling $28,871.
| Awarding Organization | Amount |
|---|---|
The United Way Of Central Maryland Inc Baltimore, MD PURPOSE: DESIGNATED AND OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $10,514 |
Rite Aid Healthy Futures Camp Hill, PA PURPOSE: SUPPORT THE LOCAL HEALTH AND WELLNESS PROGRAM | $10,000 |
Morris A Mechanic Foundation Incorporated Bel Air, MD PURPOSE: SUPPORTING | $5,000 |
Wiessner Foundation For Children Inc Bel Air, MD PURPOSE: HELMETS AND SUPPLIES | $1,198 |
Nabit Foundation Incorporated Baltimore, MD PURPOSE: UNRESTRICTED | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $579 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
The Seminar Network Inc Arlington, VA | $360,026,954 | $278,674,897 |
West Virginia University Medical Corporation Morgantown, WV | $21,363,966 | $59,205,918 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Old Dominion Land Conservancy Inc Purcellville, VA | $5,990,691 | $40,101,797 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |
Maryland Innovation And Security Institute Inc Baltimore, MD | $10,081,190 | $24,715,450 |
Community Action Council Of Howard County Md Inc Columbia, MD | $15,922,810 | $23,897,066 |
Cal Ripken Sr Foundation Inc Baltimore, MD | $24,973,997 | $16,406,660 |
Benefits Data Trust Philadelphia, PA | $35,254,049 | $26,526,932 |