Maryland Therapeutic Riding Inc
- Assets
- $2.7m
- Revenue
- $950.4k
- Investments
- $99.9k
- Employees
- 20
- Location
- Crownsville, MD
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 52-2035698
Organization Overview
Maryland Therapeutic Riding Inc is located in Crownsville, MD. The organization was established in 1997. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Maryland Therapeutic Riding Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Therapeutic Riding 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, Maryland Therapeutic Riding Inc generated $950.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $649.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. 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
IMPROVING THE QUALITY OF LIFE OF CHILDREN, ADULTS, ACTIVE MILITARY AND VETERANS WITH SPECIAL NEEDS BY CONNECTING HUMANS AND HORSES IN A HEALING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION PROVIDES ADAPTIVE RIDING, PHYSICAL, SPEECH AND OCCUPATIONAL THERAPY, AND MENTAL HEALTH THERAPY IN THE MARYLAND AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Rodgers Executive Director | Trustee | 40 | $89,637 |
Heather Higdon Secretary | OfficerTrustee | 1 | $0 |
Jerry Housand Treasurer | OfficerTrustee | 1 | $0 |
Kerry Fairweather Chairman | OfficerTrustee | 1 | $0 |
Brian Smith Vice Chairman | OfficerTrustee | 1 | $0 |
Jennifer Litwak Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $126,458 |
| Related organizations | $0 |
| Government grants | $39,780 |
| All other contributions, gifts, grants, and similar amounts not included above | $537,480 |
| Noncash contributions included in lines 1a–1f | $35,989 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,718 |
| Total Program Service Revenue | $234,929 |
| Investment income | $12,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$786 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $950,444 |
| 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. | $89,637 |
| Compensation of current officers, directors, key employees. | $7,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $231,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,715 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,650 |
| Advertising and promotion | $8,757 |
| Office expenses | $17,765 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,742 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,063 |
| Insurance | $18,101 |
| All other expenses | $44,470 |
| Total functional expenses | $649,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $532,758 |
| Savings and temporary cash investments | $255,309 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| 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 | $1,663,462 |
| Investments—publicly traded securities | $132,600 |
| Investments—other securities | $99,866 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,693,995 |
| Accounts payable and accrued expenses | $8,061 |
| 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 | $496,079 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $504,140 |
| Net assets without donor restrictions | $1,836,493 |
| Net assets with donor restrictions | $353,362 |
| 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 | $2,693,995 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maryland Therapeutic Riding Inc has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Rogers Wilbur Foundation Inc Crownsville, MD PURPOSE: UNRESTRICTED | $7,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philadelphia Post-Acute Partnersllc Philadelphia, PA | $76,499,158 | $101,068,675 |
Rehab Jv Llc Richmond, VA | $20,485,656 | $58,443,805 |
John Heinz Institute Of Rehabilitation Medicine Clarks Summit, PA | $23,653,118 | $24,545,428 |
Easter Seals Delaware & Marylands Eastern Shore Inc New Castle, DE | $48,449,719 | $27,160,432 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Easter Seals Of Southeastern Pennsylvania Philadelphia, PA | $31,894,421 | $25,193,342 |
The Community At Rockhill Sellersville, PA | $45,958,535 | $17,323,928 |
Suburban-Nrh Medical Rehabilitation Inc Washington, DC | $6,398,799 | $13,346,161 |
Hms School For Children With Cerebral Palsy Philadelphia, PA | $50,335,783 | $11,822,160 |
Aria Health Orthopaedics Philadelphia, PA | $3,198,363 | $6,577,932 |
Christiana Care Health Initiatives Inc Newark, DE | $4,621,312 | $3,315,291 |
Potomac Comprehensive Diagnostic And Guidance Center Inc Romney, WV | $8,136,771 | $9,134,207 |