Equestrian Connection Nfp
- Assets
- $6.0m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 35
- Location
- Lake Forest, IL
- Founding
- 03/2002
- Data as of
- 12/2023
- EIN
- 39-2036346
Organization Overview
Equestrian Connection Nfp is located in Lake Forest, IL. The organization was established in 2002. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Equestrian Connection Nfp employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equestrian Connection Nfp 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 12/2023, Equestrian Connection Nfp generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. 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
TO PROVIDE BROAD BASED THERAPEUTIC PROGRAMS USING EQUINE ORIENTED ACTIVITIES FOR DISABLED CHILDREN AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUINE THERAPY PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Schnell Executive Dir. | OfficerTrustee | 40 | $123,000 |
Michael Duffey Past President | Trustee | 5 | $0 |
Harrell Wittenstein Director | Trustee | 2 | $0 |
Lynn Simet Director | Trustee | 2 | $0 |
Melissa Giordano Director | Trustee | 0 | $0 |
Margot Peters Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $440,526 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $440,526 |
| Total Program Service Revenue | $531,981 |
| Investment income | $63,763 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $379,307 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,445,577 |
| 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. | $123,000 |
| Compensation of current officers, directors, key employees. | $61,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $856,902 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $77,107 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,916 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,391 |
| Advertising and promotion | $12,367 |
| Office expenses | $46,431 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107,120 |
| Insurance | $70,630 |
| All other expenses | $54,016 |
| Total functional expenses | $1,766,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,566 |
| Savings and temporary cash investments | $1,341,748 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,905 |
| 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 | $58,496 |
| Net Land, buildings, and equipment | $4,391,681 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $65,950 |
| Total assets | $5,994,346 |
| Accounts payable and accrued expenses | $48,720 |
| Grants payable | $0 |
| Deferred revenue | $94,323 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $143,043 |
| Net assets without donor restrictions | $5,851,303 |
| 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 | $5,994,346 |