Equitarian Initiative
- Assets
- $444.5k
- Revenue
- $318.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Stillwater, MN
- Founding
- 06/2013
- Data as of
- 12/2023
- EIN
- 45-2922119
Organization Overview
Equitarian Initiative is located in Stillwater, MN. The organization was established in 2013. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Equitarian Initiative 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, Equitarian Initiative generated $318.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $336.3k during the year ending 12/2023. While expenses have increased by 17.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EQUITARIAN INITIATIVE PREPARES VOLUNTEER VETERINARIANS WORLDWIDE TO DELIVER HEALTH CARE AND EDUCATION TO IMPROVE THE HEALTH, NUTRITION, PRODUCTIVITY, AND WELFARE OF HORSES, DONKEYS AND MULES, AND TO EMPOWER THEIR CARE PROVIDERS FOR SUSTAINABLE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WELFARE OF WORKING ANIMALS IS VITAL TO LOCAL COMMUNITIES AND THE GLOBAL ECONOMY, YET THERE ARE FEW RESOURCES AVAILABLE TO SUPPORT THEIR HEALTH AND IMPROVE THEIR CHALLENGING WORKING CONDITIONS. WE COLLABORATE WITH PARTNER NGO'S AND UNIVERSITIES TO ADDRESS WORKING EQUID WELFARE WORLDWIDE THROUGH EDUCATION AND DIRECT AID IN OUR FIELD PROGRAMS. THE ANIMALS TREATED BY EI ARE RESPONSIBLE FOR ENABLING SUBSISTENCE AGRICULTURE, TOURISM, TRANSPORTATION, AND BOTH LOCAL AND GLOBAL TRADE AND COMMERCE. WE HARNESS THE EXPERTISE OF VOLUNTEER ANIMAL HEALTH CARE PROFESSIONALS INCLUDING VETERINARIANS, VETERINARY TECHNICIANS, FARRIERS, ANIMAL SCIENTISTS, STUDENTS, EDUCATORS, AND ADVOCATES TO UPLIFT WORKING EQUID HEALTH WORLDWIDE TO CREATE A POSITIVE, SUSTAINABLE CHANGE FOR WORKING EQUIDS AND THE COMMUNITIES THEY SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie Henderson-Selle Executive Director | Officer | 40 | $80,000 |
Stacy Tinkler Board Vice-President | Trustee | 5 | $0 |
Amy Mclean Board Member | Trustee | 5 | $0 |
Neil Gray Board Treasurer | Trustee | 10 | $0 |
Judy Batker Board President | Trustee | 10 | $0 |
Julia Wilson Board Member | Trustee | 5 | $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 | $318,144 |
| Noncash contributions included in lines 1a–1f | $68,328 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,144 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $318,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,237 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $201,997 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation of current officers, directors, key employees. | $48,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,504 |
| Payroll taxes | $11,393 |
| Fees for services: Management | $932 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,214 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,791 |
| Office expenses | $2,165 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,343 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,195 |
| Insurance | $1,727 |
| All other expenses | $0 |
| Total functional expenses | $336,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,687 |
| Savings and temporary cash investments | $279,615 |
| Pledges and grants receivable | $27,933 |
| 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 | $3,030 |
| Net Land, buildings, and equipment | $23,216 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $444,481 |
| Accounts payable and accrued expenses | $960 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $960 |
| Net assets without donor restrictions | $359,629 |
| Net assets with donor restrictions | $83,892 |
| 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 | $444,481 |