Central Virginia Horse Rescue
- Assets
- $797.5k
- Revenue
- $325.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Fredericksburg, VA
- Founding
- 11/2010
- Data as of
- 06/2023
- EIN
- 27-2967793
Organization Overview
Central Virginia Horse Rescue is located in Fredericksburg, VA. The organization was established in 2010. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. As of 06/2023, Central Virginia Horse Rescue employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Virginia Horse Rescue 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 06/2023, Central Virginia Horse Rescue generated $325.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $368.4k during the year ending 06/2023. While expenses have increased by 11.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CARE AND REHABILITATION OF HORSES TO BRING THEM BACK TO HEALTH AND BE READY FOR LOVING HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
100 HORSES WERE BROUGHT INTO THE RESCUE FOR REHABILITATION. WE ADOPTED OUT 80 HORSES TO SAFE AND LOVING HOMES.
GELDED 7 HORSES WHO WOULD NOT HAVE BEEN GELDED WITHOUT THIS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Griffin Board Member | Trustee | 2 | $0 |
Robert Hyland Board Member | Trustee | 1 | $0 |
Shannon Adams Board Member | Trustee | 2 | $0 |
Lauren Dwyer Board Member | Trustee | 2 | $0 |
Stacy Franklin Executive Director | OfficerTrustee | 40 | $0 |
Candace Poling Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,660 |
| Related organizations | $0 |
| Government grants | $17,801 |
| All other contributions, gifts, grants, and similar amounts not included above | $245,567 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,028 |
| Total Program Service Revenue | $0 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,394 |
| Net Gain/Loss on Asset Sales | $17,722 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$703 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $325,461 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $380 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,100 |
| Compensation of current officers, directors, key employees. | $10,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,120 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,597 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35 |
| Fees for services: Accounting | $350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $816 |
| Advertising and promotion | $817 |
| Office expenses | $3,624 |
| Information technology | $631 |
| Royalties | $0 |
| Occupancy | $28,741 |
| Travel | $2,707 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,746 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,031 |
| Insurance | $5,505 |
| All other expenses | $231,543 |
| Total functional expenses | $368,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,504 |
| Savings and temporary cash investments | $4,716 |
| 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 | $1,502 |
| Prepaid expenses and deferred charges | $165 |
| Net Land, buildings, and equipment | $779,581 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $797,468 |
| Accounts payable and accrued expenses | $0 |
| 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 | $521,158 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,261 |
| Total liabilities | $523,419 |
| Net assets without donor restrictions | $0 |
| 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 | $274,049 |
| Total liabilities and net assets/fund balances | $797,468 |