Helping Horse Inc
- Assets
- $294.2k
- Revenue
- $238.7k
- Investments
- $0.0
- Employees
- 14
- Location
- Raleigh, NC
- Founding
- 10/1989
- Data as of
- 08/2022
- EIN
- 58-1852114
Organization Overview
Helping Horse Inc is located in Raleigh, NC. The organization was established in 1989. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 08/2022, Helping Horse Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helping Horse 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 08/2022, Helping Horse Inc generated $238.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $213.3k during the year ending 08/2022. While expenses have increased by 19.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THERAPEUTIC RIDING FOR SPECIAL NEEDS STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED THERAPEUTIC HORSEBACK RIDING TO 81 SPECIAL NEEDS STUDENTS WITH PHYSICAL, EMOTIONAL AND MENTAL DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Saxton Executive Director | Officer | 30 | $32,140 |
Jeff Spears President | OfficerTrustee | 20 | $0 |
Kitty Sarosy Secretary | OfficerTrustee | 10 | $0 |
Alexis Parker Vice President | OfficerTrustee | 10 | $0 |
Rick Hofsheier Treasurer | OfficerTrustee | 20 | $0 |
Kevin Szongas Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,949 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,078 |
| Noncash contributions included in lines 1a–1f | $13,115 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,027 |
| Total Program Service Revenue | $90,157 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,493 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,695 |
| 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. | $32,131 |
| Compensation of current officers, directors, key employees. | $4,820 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,301 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,859 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,872 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,496 |
| Advertising and promotion | $4,098 |
| Office expenses | $3,698 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,229 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,455 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,395 |
| Insurance | $17,184 |
| All other expenses | $5,266 |
| Total functional expenses | $213,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,524 |
| Savings and temporary cash investments | $187,212 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,175 |
| 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 | $63,335 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $294,246 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $10,825 |
| 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 | $10,825 |
| Net assets without donor restrictions | $283,421 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $294,246 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Helping Horse Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $2,000 |
Chaucer Charitable Foundation Raleigh, NC PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Ronald Mcdonald House Charities Inc Atlanta, GA | $44,808,722 | $8,699,770 |
Lighthouse Family Retreat Inc Alpharetta, GA | $2,831,425 | $4,605,749 |
Ronald Mcdonald House Charities Of Greater Washington Dc Inc Falls Church, VA | $23,518,081 | $3,394,943 |
Make-A-Wish Foundation Of Central And Western North Carolina Inc Charlotte, NC | $8,151,207 | $3,618,519 |
Ronald Mcdonald House Of Durham And Wake Inc Durham, NC | $12,035,561 | $3,831,309 |
Hospital Hospitality House Of Richmond Inc Richmond, VA | $19,495,218 | $3,888,827 |
Make-A-Wish Foundation Of The Mid- South Inc Memphis, TN | $7,531,176 | $3,943,183 |
Secu Family House At Unc Hospitals Chapel Hill, NC | $17,865,400 | $2,569,903 |
7th & Marshall Corporation Richmond, VA | $5,028,760 | $2,506,731 |
Make-A-Wish Foundation Of Sc Inc Greenville, SC | $3,512,754 | $3,739,061 |
Make A Wish Foundation Of Eastern North Carolina Inc Raleigh, NC | $1,430,251 | $2,360,799 |
Ronald Mcdonald House Charities Of The Piedmont Triad Inc Winstonsalem, NC | $17,158,539 | $2,973,309 |