Three Gaits Inc
- Assets
- $350.7k
- Revenue
- $372.9k
- Investments
- $0.0
- Employees
- 15
- Location
- Stoughton, WI
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 39-1472538
Organization Overview
Three Gaits Inc is located in Stoughton, WI. The organization was established in 1984. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Three Gaits Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Gaits 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, Three Gaits Inc generated $372.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $343.2k during the year ending 12/2021. While expenses have increased by 2.0% 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 PROVIDE EQUINE-ASSISTED ACTIVITIES AND THERAPIES, INCLUDING THERAPEUTIC RIDING, OCCUPATIONAL THERAPY USING THE MOVEMENT OF THE HORSE AND UNMOUNTED HORSEMANSHIP INSTRUCTION TO PEOPLE WHO HAVE A DISABILITY AS THEY PURSUE GOALS TO IMPROVE STRENGTH, COORDINATION, COMMUNICATION AND SOCIAL SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERAPEUTIC HORSEBACK RIDING IS DESIGNED FOR PEOPLE WITH A COGNITIVE OR PHYSICAL DISABILITY THAT PRECLUDES THEM FROM HORSEBACK RIDING IN A TRADITIONAL SETTING. TAUGHT BY PATH, INT'L (PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP INTERNATIONAL) CERTIFIED THERAPEUTIC RIDING INSTRUCTORS, STUDENT ACHIEVE SPECIFIC GOALS FOCUSED ON IMPROVING PHYSICAL, COGNITIVE, EMOTIONAL AND BEHAVIORAL ABILITIES THROUGH LEARNING THE SKILLS OF HORSEBACK RIDING IN A GROUP SETTING. UNMOUNTED HORSEMANSHIP IS DESIGNED FOR PEOPLE WHO HAVE A COGNITIVE OR PHYSICAL DISABILITY THAT PRECLUDES THEM FROM HORSEBACK RIDING SAFELY IN ANY SETTING OR DO NOT WISH TO RIDE, BUT BENEFIT FROM BEING WITH HORSES. STUDENTS LEARN TO SAFELY GROOM, LEAD AND INTERACT WITH HORSES UNDER THE INSTRUCTION OF PATH, INT'L (PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP INTERNATIONAL) CERTIFIED THERAPEUTIC RIDING INSTRUCTORS. THEIR GOALS ALSO INCLUDE BUILDING STRENGTH AND BALANCE, EMOTIONAL REGULATION, SELF- AND SPATIAL AWARENESS, MOVEMENT COORDINATION AND FOLLOWING MULTI-STEP DIRECTIONS.OCCUPATIONAL/PHYSICAL THERAPY USING THE MOVEMENT OF THE HORSE (ALSO CALLED HIPPOTHERAPY) INCLUDES SERVICES PROVIDED BY LICENSED OCCUPATIONAL THERAPY PROFESSIONALS, FOLLOWING THE STATE OF WISCONSIN AND NBCOT CRITERIA. IN INDIVIDUAL TREATMENT SESSIONS, CLIENTS EXPERIENCE UNIQUELY DESIGNED ACTIVITIES AND EXERCISES ON/WITH THE HORSE TO ACHIEVE THERAPY-DRIVEN GOALS. BENEFITS INCLUDE: IMPROVEMENT IN COMPLEX MOTOR CONTROL AND SENSORY PROCESSING, ENGAGEMENT OF COGNITIVE, SENSORY AND NEUROMOTOR SYSTEMS AND SKILL DEVELOPMENT IN SOCIAL AND PLAY PARTICIPATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Brewer President | OfficerTrustee | 1 | $0 |
Dan Henning Vice President | OfficerTrustee | 1 | $0 |
Elizabeth Bachhuber Treasurer (beg. March) | OfficerTrustee | 1 | $0 |
Nancy Comstock Treasurer (thru January) | OfficerTrustee | 1 | $0 |
David Anderson RN Secretary | OfficerTrustee | 1 | $0 |
Stephanie Douglas Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $44,931 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,374 |
| All other contributions, gifts, grants, and similar amounts not included above | $248,426 |
| Noncash contributions included in lines 1a–1f | $1,267 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $320,731 |
| Total Program Service Revenue | $23,249 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,370 |
| 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 | $247 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $372,937 |
| 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. | $54,606 |
| Compensation of current officers, directors, key employees. | $17,819 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,389 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,157 |
| Payroll taxes | $12,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,582 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,367 |
| Advertising and promotion | $0 |
| Office expenses | $12,018 |
| Information technology | $647 |
| Royalties | $0 |
| Occupancy | $79,686 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,809 |
| Interest | $5,163 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,229 |
| Insurance | $3,864 |
| All other expenses | $3,608 |
| Total functional expenses | $343,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,714 |
| Savings and temporary cash investments | $148,847 |
| 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 | $117,912 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,188 |
| Total assets | $350,661 |
| Accounts payable and accrued expenses | $6,311 |
| 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 | $132,601 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $40,596 |
| Total liabilities | $179,508 |
| Net assets without donor restrictions | $87,565 |
| Net assets with donor restrictions | $83,588 |
| 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 | $350,661 |