Equus Foundation Inc
- Assets
- $1.2m
- Revenue
- $845.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Westport, CT
- Founding
- 11/2002
- Data as of
- 08/2023
- EIN
- 42-1547242
Organization Overview
Equus Foundation Inc is located in Westport, CT. The organization was established in 2002. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equus Foundation 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 08/2023, Equus Foundation Inc generated $845.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $836.2k during the year ending 08/2023. While expenses have increased by 6.3% 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.
Since 2015, Equus Foundation Inc has awarded 74 individual grants totaling $533,059. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO PROTECT AMERICAS HORSES AND STRENGTHEN THE HORSE-HUMAN BOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GRANTS TO ORGANIZATIONS THAT PROTECT AMERICA'S HORSES, SHARE THE MAGIC AND POWER OF HORSES WITH AS MANY PEOPLE AS POSSIBLE, ESPECIALLY PEOPLE WITH SPECIAL NEEDS, AND EDUCATE THE PUBLIC ON THE IMPORTANCE OF THE HORSE-HUMAN BOND IN AMERICA TODAY.
PROVIDE GRANTS TO ORGANIZATIONS THAT PROTECT AMERICA'S HORSES, SHARE THE MAGIC AND POWER OF HORSES WITH AS MANY PEOPLE AS POSSIBLE, ESPECIALLY PEOPLE WITH SPECIAL NEEDS, AND EDUCATE THE PUBLIC ON THE IMPORTANCE OF THE HORSE-HUMAN BOND IN AMERICA TODAY.
INFORMATION OUTREACH AND COMMUNICATIONS TO PROMOTE VOLUNTEERISM FOR HORSE RELATED ORGANIZATIONS.
INFORMATION OUTREACH AND COMMUNICATIONS TO PROMOTE VOLUNTEERISM FOR HORSE RELATED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Coakley President | Officer | 40 | $80,000 |
Jenny Belknap Kees Chairman | OfficerTrustee | 3 | $0 |
Mark Sheptoff Secretary/treas | OfficerTrustee | 3 | $0 |
Catherine Herman Vice Chairman | OfficerTrustee | 3 | $0 |
Richard Mitchell DVM Director | Trustee | 1 | $0 |
Natalie Jackson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Equinox Creative Management Inc Management Services | 8/30/18 | $85,000 |
Valerie Angeli Management Services | 8/30/18 | $113,960 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,015 |
| Membership dues | $0 |
| Fundraising events | $69,775 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $801,163 |
| Noncash contributions included in lines 1a–1f | $290,830 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $877,953 |
| Total Program Service Revenue | $0 |
| Investment income | $25,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,393 |
| Net Income from Fundraising Events | -$40,703 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $845,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $275,015 |
| Grants and other assistance to domestic individuals. | $290,039 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,000 |
| Compensation of current officers, directors, key employees. | $7,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,961 |
| Advertising and promotion | $0 |
| Office expenses | $5,693 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,000 |
| 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 | $0 |
| Insurance | $2,557 |
| All other expenses | $0 |
| Total functional expenses | $836,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $332,866 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,855 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $267,087 |
| Prepaid expenses and deferred charges | $8,848 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $585,273 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,202,929 |
| Accounts payable and accrued expenses | $16,867 |
| Grants payable | $242,165 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $259,032 |
| Net assets without donor restrictions | $676,810 |
| Net assets with donor restrictions | $267,087 |
| 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 | $1,202,929 |
Grants Awarded
Over the last fiscal year, Equus Foundation Inc has awarded $118,250 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BROOK HILL FARM PURPOSE: Equine Welfare and CTRI Grants | $5,075 |
CENTRAL KENTUCKY RIDING FOR PURPOSE: Equine Welfare and CTRI Grants | $5,075 |
DAYS END FARM HORSE RESCUE PURPOSE: Equine welfare, honor,service grant | $6,500 |
ENDEAVOR THERAPEUTIC HORSEMAN PURPOSE: Equine welfare, CTIR grant | $5,150 |
FOUNDATION FOR THE HORSE INC PURPOSE: Veterinary Research Fellowship | $5,500 |
HIGH HOPES THERAPUTIC RIDING PURPOSE: Equine Welfare, CTRI grants | $5,375 |