Hope Reins
- Assets
- $3.6m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 30
- Location
- Raleigh, NC
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 27-1074966
Organization Overview
Hope Reins is located in Raleigh, NC. The organization was established in 2009. 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, Hope Reins employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Reins 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, Hope Reins generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 15.4% 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
CONNECTING HURTING CHILDREN WITH RESCUED HORSES TO FIND COMFORT, HOPE, AND HEALING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH CHILD PARTNERS WITH ONE LEADER AND ONE HORSE CONSISTENTLY FOR 60-90 MINUTES WHICH ALLOWS FOR A VERY PRIVATE, CUSTOMIZED SESSION FOR THE CHILD THAT IS GEARED TO THEIR SPECIFIC NEED OR UNIQUE SITUATION. A TYPICAL SESSION WILL INCLUDE A FARM CHORE, BASIC HORSE CARE AND HORSEMANSHIP, GROOMING, RIDING, A FUN ACTIVITY AND TIME OF DEVOTION. 194 CHILDREN ENROLLED IN THE PROGRAM DURING 2021, AND 2605 SESSIONS WERE CONDUCTED. HORSIN' AROUND SUMMER CAMP INCLUDES HANDS-ON HORSE ACTIVITIES THAT ARE DESIGNED TO TEACH CHILDREN ABOUT GOD'S WORD AND HIS CREATION. ACTIVITIES INCLUDE LEARNING HORSE CARE, SAFETY, GROOMING, RIDING, ARTS, CRAFTS, SNACKS, GAMES, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Tschirret Founder & CEO | OfficerTrustee | 40 | $84,707 |
Allin Foulkrod Board Chair | OfficerTrustee | 2 | $0 |
Keith Manguson Vice Board Chair | OfficerTrustee | 2 | $0 |
Mike Sisco Treasurer | OfficerTrustee | 2 | $0 |
Kami Recla Secretary | OfficerTrustee | 2 | $0 |
Pam Winters Member At Large | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $36,344 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,947,747 |
| Noncash contributions included in lines 1a–1f | $31,915 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,984,091 |
| Total Program Service Revenue | $2,713 |
| Investment income | $559 |
| 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 | -$951 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,986,531 |
| 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. | $84,707 |
| Compensation of current officers, directors, key employees. | $3,193 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $714,835 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,257 |
| Payroll taxes | $67,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,404 |
| Advertising and promotion | $77,768 |
| Office expenses | $55,961 |
| Information technology | $71,766 |
| Royalties | $0 |
| Occupancy | $84,421 |
| Travel | $1,939 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39,495 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,281 |
| Insurance | $49,499 |
| All other expenses | $7,857 |
| Total functional expenses | $1,461,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,095,626 |
| Savings and temporary cash investments | $315,600 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,745 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,014 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,130,550 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $3,573,535 |
| Accounts payable and accrued expenses | $42,873 |
| 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 | $1,185,194 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,228,067 |
| Net assets without donor restrictions | $2,345,468 |
| Net assets with donor restrictions | $0 |
| 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 | $3,573,535 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Hope Reins has recieved totaling $378,134.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $180,860 |
Mercy Multiplied America Inc Nashville, TN PURPOSE: MINISTRY SUPPORT | $35,000 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: PUBLIC & SOCIETAL BENEFIT | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $25,000 |
Lonnie & Carol Poole Family Foundation Raleigh, NC PURPOSE: CHARITABLE | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,518 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carolina Seniorcare Newton, NC | $9,804,902 | $14,797,445 |
Pace At Home Inc Newton, NC | $2,211,670 | $12,836,180 |
Easter Seals Southern Georgia Inc Albany, GA | $7,171,282 | $10,180,657 |
Easter Seals Tennessee Inc Brentwood, TN | $7,243,675 | $12,361,774 |
Easter Seal Society Of South Carolina Inc Columbia, SC | $2,317,254 | $3,906,004 |
Georgia Infirmary Inc Savannah, GA | $5,565,417 | $3,036,283 |
Mckenna Farms Therapy Service Inc Dallas, GA | $4,404,903 | $3,372,670 |
American Physical Therapy Association Alexandria, VA | $5,002,151 | $1,712,040 |
Foundation For Physical Therapy Research Inc Alexandria, VA | $28,419,774 | $4,975,616 |
Commonwealth Community Trust Endowment Fund Richmond, VA | $3,333,150 | $1,860,276 |
Georgia Rehabilitation Institute Inc Augusta, GA | $30,424,054 | $3,981,123 |
Hardin County Skills Inc Savannah, TN | $433,807 | $1,475,531 |