Therapeutic Riding Institute Inc
- Assets
- $1.5m
- Revenue
- $586.8k
- Investments
- $0.0
- Employees
- 19
- Location
- Spring Valley, OH
- Founding
- 03/1974
- Data as of
- 12/2021
- EIN
- 31-0840947
Organization Overview
Therapeutic Riding Institute Inc is located in Spring Valley, OH. The organization was established in 1974. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Therapeutic Riding Institute Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Therapeutic Riding Institute 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, Therapeutic Riding Institute Inc generated $586.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $493.1k during the year ending 12/2021. While expenses have increased by 11.1% 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
TO IMPROVE THE LIVES AND HEALTH OF CHILDREN AND ADULTS IN SOUTHWEST OHIO WITH SPECIAL PHYSICAL, COGNITIVE, SOCIAL AND PSYCHOLOGICAL NEEDS THROUGH EQUINE ASSISTED ACTIVITIES AND THERAPIES. TRI PARTNERS EXTENSIVELY WITH COMMUNITY ORGANIZATIONS WHO SERVE THE SAME POPULATION - COUNTY BOARDS OF DEVELOPMENTAL DISABILITIES, COUNSELING SERVICES, SCHOOLS, AND OTHER NONPROFITS - TO PROVIDE WRAPAROUND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUINE ACTIVITIES DIRECT FEE INCOME, DONATIONS AND FUNDRAISING EXCLUDING CHARITABLY PROVIDED SERVICES, WHICH WERE SIGNIFICANT BUT NOT QUANTIFIABLE. EQUINE ACTIVITIES AND THERAPIES ARE PROVIDED TO CHILDREN AND ADULTS WITH SPECIAL PHYSICAL, COGNITIVE, SOCIAL AND PSYCHOLOGICAL NEEDS. PROGRAM SERVICES PROVIDED TO IMPROVE THE LIVES AND HEALTH OF CHILDREN AND ADULTS IN SOUTHWEST OHIO WITH SPECIAL PHYSICAL, COGNITIVE, SOCIAL AND PSYCHOLOGICAL NEEDS THROUGH EQUINE ASSISTED ACTIVITIES AND THERAPIES. TRI PARTNERS EXTENSIVELY WITH COMMUNITY ORGANIZATIONS - COUNTY BOARDS OF DEVELOPMENTAL DISABILITIES, COUNSELING SERVICES, SCHOOLS, AND OTHER NONPROFITS WHO SERVE OUR SAME POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Brun Board Member | Trustee | 1 | $0 |
Debbie Archembeault Board Member | Trustee | 1 | $0 |
Lynn Avery Treasurer | Trustee | 1 | $0 |
Mary Butts Board Member | Trustee | 1 | $0 |
Jesse Gaither Board Member | Trustee | 1 | $0 |
Nathan Hunt Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $804 |
| Membership dues | $0 |
| Fundraising events | $79,188 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,986 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $351,978 |
| Total Program Service Revenue | $81,557 |
| Investment income | $12,473 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,595 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $586,800 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $227,199 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,896 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,335 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,137 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,927 |
| Office expenses | $53,503 |
| Information technology | $10,591 |
| Royalties | $0 |
| Occupancy | $6,769 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $31,016 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,275 |
| Insurance | $10,804 |
| All other expenses | $6,734 |
| Total functional expenses | $493,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,201 |
| Savings and temporary cash investments | $106,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $794,578 |
| Investments—publicly traded securities | $470,912 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,532,691 |
| Accounts payable and accrued expenses | $2,853 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $565,693 |
| Other liabilities | $0 |
| Total liabilities | $568,546 |
| Net assets without donor restrictions | $558,879 |
| Net assets with donor restrictions | $405,266 |
| 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 | $1,532,691 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Therapeutic Riding Institute Inc has recieved totaling $40,302.
| Awarding Organization | Amount |
|---|---|
Berry Family Foundation Dayton, OH PURPOSE: MISCELLANEOUS | $10,000 |
David C Winch Family Foundation Centerville, OH PURPOSE: GENERAL SUPPORT | $10,000 |
Farrehi Family Foundation Inc Swartz Creek, MI PURPOSE: GENERAL | $7,000 |
The Virginia W Kettering Foundation Chicago, IL PURPOSE: GENERAL | $5,000 |
Dayton Power & Light Company Foundation Dayton, OH PURPOSE: TECHNOLOGY UPGRADES | $5,000 |
The@leslie C Mapp Foundation Chicago, IL PURPOSE: GENERAL | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Harness Horsemens Assn Grove City, OH | $76,103,227 | $69,500,596 |
United States Equestrian Federation Inc Lexington, KY | $38,278,605 | $34,125,705 |
Horsemens Benevolent & Protective Assoc Inc Ohio Division Grove City, OH | $13,638,374 | $9,989,300 |
United States Dressage Federation Inc Lexington, KY | $12,280,287 | $5,729,896 |
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Interscholastic Equestrian Association Inc Chagrin Falls, OH | $1,821,708 | $2,864,631 |
National Horse Show Association Of America Ltd Lexington, KY | $1,577,659 | $2,858,029 |
Kentucky Horse Park Foundation Inc Lexington, KY | $11,891,530 | $2,119,028 |
Equestrian Events Inc Lexington, KY | $1,466,435 | $412,033 |
Pennsylvania Horse Breeders Association Inc Kennett Square, PA | $833,317 | $1,478,049 |
Pegasus Farm Hartville, OH | $3,046,238 | $1,440,332 |
Thorncroft Equestrian Center Malvern, PA | $14,841,730 | $1,605,648 |