Misty Meadows Mitey Riders Inc
- Assets
- $2.6m
- Revenue
- $702.1k
- Investments
- $0.0
- Employees
- 19
- Location
- Waxhaw, NC
- Founding
- 01/1998
- Data as of
- 12/2021
- EIN
- 56-2045099
Organization Overview
Misty Meadows Mitey Riders Inc is located in Waxhaw, NC. The organization was established in 1998. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Misty Meadows Mitey Riders Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Misty Meadows Mitey Riders 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, Misty Meadows Mitey Riders Inc generated $702.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $427.7k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER EFFECTIVE AND CREATIVE THERAPUETIC HORSEBACK RIDING TO CHILDREN WITH SPECIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY OFFERS THERAPEUTIC HORSEBACK RIDING PROGRAMS FOR CHILDREN AND ADULTS WITH SPECIAL NEEDS. THE GOAL OF THE PROGRAM IS TO ENHANCE THEIR PHYSICAL AND EMOTIONAL WELL-BEING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy B Simon Vice Presidentdirector | OfficerTrustee | 40 | $57,906 |
Pam Perez Treasurerdirector | OfficerTrustee | 33 | $14,538 |
Jody Swimmer Secretarydirector | OfficerTrustee | 0.1 | $0 |
Harry S Swimmer Chairmandirectorpresident | OfficerTrustee | 35 | $0 |
Doug Gibson Director | Trustee | 0.01 | $0 |
Kevin Lilly Director | Trustee | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $422,867 |
| Noncash contributions included in lines 1a–1f | $2,572 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $422,867 |
| Total Program Service Revenue | $0 |
| Investment income | $72,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $150,681 |
| Net Income from Fundraising Events | $54,814 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $403 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $702,076 |
| 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. | $74,870 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,569 |
| Pension plan accruals and contributions | $211 |
| Other employee benefits | $0 |
| Payroll taxes | $17,580 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $730 |
| Information technology | $4,386 |
| 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 | $1,450 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,031 |
| Insurance | $2,606 |
| All other expenses | $14,216 |
| Total functional expenses | $427,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,164 |
| Savings and temporary cash investments | $516 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,550 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,276 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $35,802 |
| Investments—publicly traded securities | $2,344,947 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,576,255 |
| 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 | $3,890 |
| Total liabilities | $3,890 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $2,572,365 |
| Total liabilities and net assets/fund balances | $2,576,255 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Misty Meadows Mitey Riders Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Hall Foundation Inc Charlotte, NC PURPOSE: PROVIDES THERAPEUTIC HORSEBACK RIDING. | $6,000 |
Endowment Analysis
| Beg. Balance | $1,999,239 |
| Earnings | $345,708 |
| Ending Balance | $2,344,947 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Versability Resources Inc Hampton, VA | $38,988,304 | $55,905,926 |
Orange Grove Center Inc Chattanooga, TN | $25,283,096 | $40,700,796 |
Babcock Center Inc West Columbia, SC | $20,651,421 | $36,060,569 |
Shelby Residential And Vocational Services Inc Memphis, TN | $11,136,048 | $28,344,823 |
Georgia Community Support And Solutions Inc Atlanta, GA | $4,204,879 | $27,773,056 |
Life Bridges Inc Cleveland, TN | $14,755,928 | $22,280,185 |
Madison-Haywood County Developmental Services Inc Jackson, TN | $14,948,919 | $21,950,419 |
Tri-Development Center Of Aiken County Aiken, SC | $11,301,624 | $21,352,454 |
Lifespan Incorporated Charlotte, NC | $15,854,360 | $20,547,610 |
Progressive Directions Inc Clarksville, TN | $6,267,368 | $17,802,978 |
York County Board Of Disabilities And Special Needs York, SC | $16,505,254 | $19,088,984 |
Employment Source Inc Fayetteville, NC | $11,512,831 | $17,714,777 |