Appalachian Therapeutic Riding Center
- Assets
- $526.6k
- Revenue
- $116.8k
- Investments
- $64.1k
- Employees
- 1
- Location
- Burnsville, NC
- Founding
- 07/1990
- Data as of
- 12/2023
- EIN
- 56-1530138
Organization Overview
Appalachian Therapeutic Riding Center is located in Burnsville, NC. The organization was established in 1990. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian 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 12/2023, Appalachian Therapeutic Riding Center generated $116.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $98.4k during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 8 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
APPALACHIAN THERAPEUTIC RIDING CENTER PROVIDES THERAPEUTIC HORSEBACK RIDING AND NON-MOUNTED INDIVIDUALIZED PROGRAMS FOR PEOPLE WITH PHYSICAL, COGNITIVE AND/OR EMOTIONAL CHALLENGES IN A SAFE, STRUCTURED ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS RETURNED TO PRE-PANDEMIC LEVELS, PROVIDING SERVICES TO OVER 250 CLIENTS A YEAR. SERVING PRIMARILY THE LOCAL AREA, SCHOOLS, CHILDREN WITH PHYSICAL AND COGNITIVE CHALLENGES,SENIOR CITZENS AND YOUNG ADULTS WITH DEVELOPMENTAL DELAYS MAKE UP THE MAJORITY OF THE CLIENTELE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miika Rolett Executive Director | Officer | 65 | $47,366 |
Charles Bierbauer Director | Trustee | 2 | $0 |
Margot Atuk Director | Trustee | 2 | $0 |
Ed Blattler Director | Trustee | 2 | $0 |
Nan Henderson Director | Trustee | 2 | $0 |
Marion Post Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $39,724 |
| Membership dues | $0 |
| Fundraising events | $52,932 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,656 |
| Total Program Service Revenue | $17,339 |
| Investment income | $6,236 |
| 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 | $116,768 |
| 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. | $44,000 |
| 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 | $3,366 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,787 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,129 |
| Advertising and promotion | $0 |
| Office expenses | $1,666 |
| Information technology | $1,021 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,273 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,490 |
| All other expenses | $8,231 |
| Total functional expenses | $98,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,764 |
| Savings and temporary cash investments | $214,813 |
| 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 | $185,905 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $64,111 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $526,593 |
| Accounts payable and accrued expenses | $14 |
| 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 | $14 |
| Net assets without donor restrictions | $461,356 |
| Net assets with donor restrictions | $65,223 |
| 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 | $526,593 |