Blue River Horse Center Inc
- Assets
- $979.6k
- Revenue
- $602.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Silverthorne, CO
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-5170113
Organization Overview
Blue River Horse Center Inc, operating under the name Summit Valley Horse Center, is located in Silverthorne, CO. The organization was established in 2015. According to its NTEE Classification (D99) the organization is classified as: Animal-Related 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. Summit Valley Horse 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 12/2023, Summit Valley Horse Center generated $602.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 44.8% each year . All expenses for the organization totaled $486.2k during the year ending 12/2023. While expenses have increased by 42.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SUMMIT VALLEY HORSE CENTER IS TO PROVIDE REHABILITATION TO RESCUED HORSES, SO THAT THEY ARE MORE LIKELY TO BE ADOPTED INTO LOVING HOMES. WE ALSO ASPIRE TO ENRICH THE LIVES OF OUR COMMUNITY OF VOLUNTEERS AND VISITORS TO SUMMIT COUNTY BY PROVIDING THEM THE OPPORTUNITY TO LEARN ABOUT THE NATURE OF HORSES, HOW TO COMMUNICATE WITH THEM, AND TO EXPERIENCE THE WELL-KNOWN BENEFITS OF HORSE-PERSON CONNECTIONS. PEOPLE HELPING HORSES HELPING PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 SUMMIT VALLEY HORSE CENTER HOSTED HUNDREDS OF VOLUNTEER VISITS TO THE RANCH WITH OVER 12,000 HOURS OF VOLUNTEER WORK, INCLUDING CLASSES FOR SUMMIT COUNTY SCHOOLS, KEYSTONE SCIENCE SCHOOL, THE GIRL SCOUTS, AND 4-H. IN ADDITION THERE WERE OVER 96 VOLUNTEERS WHO WORKED AT THE RESADDLED THRIFT STORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Kanetsky Executive Di | Officer | 40 | $72,500 |
Craig Robelen Board Presid | OfficerTrustee | 10 | $3,541 |
Carole Weller Board Vice P | OfficerTrustee | 10 | $855 |
Katie Nees Board Treasu | OfficerTrustee | 10 | $0 |
Marguerite Miller Board Secret | OfficerTrustee | 2 | $0 |
Ross Sheely Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,654 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $565,572 |
| Noncash contributions included in lines 1a–1f | $435,330 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $576,626 |
| Total Program Service Revenue | $14,260 |
| Investment income | $1,304 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,312 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$8,123 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $602,379 |
| 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. | $76,896 |
| Compensation of current officers, directors, key employees. | $72,500 |
| Compensation to disqualified persons | $4,203 |
| 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 | $9,462 |
| Fees for services: Accounting | $9,457 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,449 |
| Advertising and promotion | $20,264 |
| Office expenses | $1,306 |
| Information technology | $1,875 |
| Royalties | $0 |
| Occupancy | $62,915 |
| Travel | $2,019 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,219 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,378 |
| Insurance | $11,053 |
| All other expenses | $17,713 |
| Total functional expenses | $486,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $476 |
| Savings and temporary cash investments | $239,522 |
| 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 | $58,213 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $678,665 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,772 |
| Other assets | $0 |
| Total assets | $979,648 |
| 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 | $394,787 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,209 |
| Total liabilities | $399,996 |
| Net assets without donor restrictions | $566,153 |
| Net assets with donor restrictions | $13,499 |
| 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 | $979,648 |