Colorado Horse Rescue Network
- Assets
- $136.0k
- Revenue
- $372.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Rush, CO
- Founding
- 12/2014
- Data as of
- 09/2023
- EIN
- 47-2431562
Organization Overview
Colorado Horse Rescue Network is located in Rush, CO. The organization was established in 2014. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, 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. Colorado Horse Rescue Network 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 09/2023, Colorado Horse Rescue Network generated $372.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $395.6k during the year ending 09/2023. While expenses have increased by 21.3% per year over the past 6 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
COLORADO HORSE RESCUE NETWORK WAS ESTABLISHED IN 2013 AFTER SEVERAL FOUNDING MEMBERS SAW THE NEED FOR A STATE-WIDE ORGANIZATION TO HELP NEEDY EQUINES. CHRN HAS A CENTRAL FACILITY RUSH, CO AND A NETWORK OF FOSTER HOMES ALL OVER THE STATE. WE ACTIVELY RESCUE HORSES FROM A VARIETY OF SITUATIONS TO PREVENT THEM FROM ENTERING THE SLAUGHTER PIPELINE OR ENTERING INTO ABUSIVE OR NEGLECTFUL HOMES. CHRN MAINTAINS A NETWORK OF FOSTER HOMES AND TRANSPORTERS ALL OVER COLORADO. CHRN ALWAYS HAS FULLY VETTED AND EVALUATED HORSES AVAILABLE FOR ADOPTION AS WELL AS RESIDENT HORSES IN NEED OF SPONSORSHIP. WE ARE ALSO IN PARTNERSHIP WITH DENVER DUMB FRIENDS LEAGUE'S HARMONY EQUINE CENTER TO OFFER PROFESSIONALLY TRAINED HORSES THROUGH THEIR ADOPTION PROGRAM IN FRANKTOWN, CO. CHRN IS GOVERNED BY A BOARD OF DIRECTORS, WHICH ARE MADE UP OF A VARIETY OF PROFESSIONALS, FROM AUTHORS TO RANCHERS TO BREEDERS AND TRAINERS. WE PRIDE OURSELVES ON OUR HIGH STANDARDS OF ETHICS. WE STRIVE TO HELP EVERY HORSE WE MEET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRN IS DEDICATED TO THE RESCUE, REHABILITATION, AND RE-TRAINING OF HORSES IN NEED OR AT RISK OF ENTERING THE SLAUGHTER PIPELINE. .
EUTHANASIA - QUALITY OF LIFE IS AN IMPORTANT FACTOR TO BE CONSIDERED. WE OFTEN ENCOUNTER HORSES THAT HAVE UNMANAGEABLE PAIN, DANGEROUS BEHAVIORAL ISSUES, OR AT THE END OF LIFE. WE COVER COSTS ASSOCIATED WITH MAINTAINING QUALITY OF LIFE, COST OF EUTHANASIA SERVICES, AND DISPOSAL COSTS.
VETERINARY EXPENSES - CHRN VETS EVERY HORSE THAT COMES N TO THE FACILITY. FLOATING TEETH, CASTRATING STALLIONS, AND EUTHANASIA EXPENSES. ALSO INCLUDES INCIDENTAL EXPENSES SUCH AS INJURIES,PREGNANCY CHECKS, AND VACINATIONS
FARRIER SERVICES - EACH HORSE IN THE FACILITY RECEIVES REGULAR TRIMS EVERY 6 TO 8 WEEKS. OFTEN HORSES REQUIRE SHOES OR CORRECTIVE SERVICES AT ADDITIONAL EXPENSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Barrett Independant Contractor | 40 | $21,615 | |
Carrie Terroux-Barrett Director | Trustee | 40 | $0 |
Abigail Hilty Board Member | 5 | $0 | |
Veronica Quintana Board Member | 0 | $0 | |
Kristine Nigl Board Member | 20 | $0 | |
Mayra Baltazar Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,325 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $348,405 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $349,730 |
| Total Program Service Revenue | $22,455 |
| 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 | $372,185 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $21,615 |
| Fees for services: Legal | $804 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,469 |
| Advertising and promotion | $2,640 |
| Office expenses | $4,440 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,845 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,122 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,425 |
| Total functional expenses | $395,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,032 |
| Savings and temporary cash investments | $25,000 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $38,944 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $135,976 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $72,032 |
| Paid-in or capital surplus, or land, building, or equipment fund | $63,944 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $135,976 |