Divine Equine Therapeutic Riding Center
- Assets
- $129.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman, TX
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 45-4429001
Organization Overview
Divine Equine Therapeutic Riding Center is located in Sherman, TX. The organization was established in 2014. According to its NTEE Classification (D60) the organization is classified as: Animal Services N.E.C., 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. Divine Equine Therapeutic Riding Center 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 12/2022, Divine Equine Therapeutic Riding Center generated $75.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $78.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Ward Executive Director | 40 | $0 | |
Sharon Karger President | 4 | $0 | |
Lauralee Hauser Secretary | 8 | $0 | |
Randall Sullivan Board Member | 4 | $0 | |
William Ward Board Member | 8 | $0 | |
Linda Criswell Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,111 |
| Total Program Service Revenue | $29,900 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,475 |
| Other Revenue | $0 |
| Total Revenue | $75,486 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $16,240 |
| Occupancy, rent, utilities, and maintenance | $20,460 |
| Printing, publications, postage, and shipping | $113 |
| Other expenses | $41,942 |
| Total expenses | $78,755 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,748 |
| Other assets | $0 |
| Total assets | $129,033 |
| Total liabilities | $23,300 |
| Net assets or fund balances | $105,733 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Divine Equine Therapeutic Riding Center has recieved totaling $5,068.
| Awarding Organization | Amount |
|---|---|
Dorset Foundation Inc Sherman, TX PURPOSE: TO ASSIST IN OPERATIONS | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louisiana Thoroughbred Breeders Association New Orleans, LA | $6,203,168 | $9,749,646 |
International Brangus Breeders Assn San Antonio, TX | $2,611,383 | $2,074,594 |
North American Deer Registry Edmond, OK | $623,219 | $1,602,891 |
Texas Chihuahua Rescue Inc Pleasanton, TX | $664,827 | $907,128 |
Safe In Austin Rescue Ranch Leander, TX | $48,495 | $623,045 |
International Association Of Canine Professionals Lampasas, TX | $717,670 | $439,428 |
Mid-Del Tinker Kennel Club Arcadia, OK | $309,219 | $359,605 |
Hamilton County Jr Livestock Association Hamilton, TX | $97,956 | $239,495 |
Molino De Suenos Bigfoot, TX | $230,354 | $193,375 |
Beefmaster Breeders United Boerne, TX | $123,551 | $197,691 |
Houston Kennel Club Inc Houston, TX | $143,530 | $187,694 |
Pembroke Welsh Corgi Club Of America Inc Dallas, TX | $351,635 | $0 |