Horses For Hope Trc Inc is located in Fuquay Varina, NC. The organization was established in 2003. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Horses For Hope Trc Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horses For Hope Trc 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, Horses For Hope Trc Inc generated $242.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $224.5k during the year ending 12/2021. While expenses have increased by 9.5% per year over the past 5 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
HORSES FOR HOPE PROMOTES THERAPEUTIC HEALING OF MIND, BODY, AND SOUL BY USING HORSES AS A DYNAMIC, INTERACTIVE TOOL FOR INDIVIDUALS OF ALL AGES, REGARDLESS OF ABILITY, INCLUDING THOSE WHO ARE EXPERIENCING PHYSICAL, MENTAL, OR EMOTIONAL CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED ON EQUINE HEALTH AND OTHER EQUESTRIAN EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gwen Roberts CEO | OfficerTrustee | 40 | $32,000 |
Chris Campbell Treasurer | OfficerTrustee | 2 | $0 |
Erica Kitt Secretary | OfficerTrustee | 1 | $0 |
Tony Roberts Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $25,147 |
Related organizations | $0 |
Government grants | $9,400 |
All other contributions, gifts, grants, and similar amounts not included above | $480 |
Noncash contributions included in lines 1a–1f | $4,900 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,027 |
Total Program Service Revenue | $205,750 |
Investment income | $5 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $242,028 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $4,850 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $32,000 |
Compensation of current officers, directors, key employees. | $25,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $33,976 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,414 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $968 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $500 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,400 |
Travel | $722 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,222 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,850 |
Insurance | $5,857 |
All other expenses | $19,120 |
Total functional expenses | $224,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $58,077 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$915 |
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 | $51,146 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $19,300 |
Total assets | $127,608 |
Accounts payable and accrued expenses | $3,104 |
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 | $55,242 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $58,346 |
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 | $69,262 |
Total liabilities and net assets/fund balances | $127,608 |
Over the last fiscal year, we have identified 2 grants that Horses For Hope Trc Inc has recieved totaling $8,317.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,102 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $215 |
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