Marion Therapeutic Riding Association Inc
- Assets
- $664.7k
- Revenue
- $617.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Ocala, FL
- Founding
- 09/1987
- Data as of
- 12/2022
- EIN
- 59-2822032
Organization Overview
Marion Therapeutic Riding Association Inc is located in Ocala, FL. The organization was established in 1987. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Marion Therapeutic Riding Association Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion Therapeutic Riding Association 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 12/2022, Marion Therapeutic Riding Association Inc generated $617.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $318.1k during the year ending 12/2022. While expenses have increased by 3.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MARION THERAPEUTIC RIDING ASSOCIATION STRIVES TO ENHANCES LIVES USING THE HEALING POWER OF HUMAN AND HORSE CONNECTION. THIS UNIQUE PAIRING UNLEASHES NEW ABILITIES THAT GRANT PURPOSE AND ENVISION GREATER OPPORTUNITIES. WE SERVE PERSONS OF ALL CAPABILITIES WITH PHYSICAL, EMOTIONAL OR INTELLECTUAL CHALLENGES THROUGH EQUINE ASSISTED ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES THERAPEUTIC RIDING PROGRAMS TO SERVE OVER 162 CHILDREN AND ADULTS, RANGING IN AGE FROM 4 TO 94. THE EQUINE PROGRAM GIVES THE EXPERIENCE TO FOSTER CHILDREN AND AT RISK YOUTH AS WELL. MTRA ALSO SERVES MILITARY AND UNDERSERVED CHILDREN WITH THE CHANCE TO BE INVOLVED IN ACTIVITIES THAT WOULD OTHERWISE BE UNATTAINABLE TO THEM.MARION THERAPEUTIC RIDING ASSOCIATION PROVIDES THERAPEUTIC HORSEBACK RIDING AND EQUINE ASSISTED LEARNING ACTIVITIES FOR CHILDREN AND ADULTS LIVING WITH PHYSICAL, EMOTIONAL, AND COGNITIVE CHALLENGES IN OUR COMMUNITY. AS AN APPROVED PROVIDER THROUGH SOME HEALTH INSURANCE COMPANIES, INDIVIDUALS MAY SEE IF OUR SERVICES ARE COVERED THROUGH INSURANCE. SOME PROGRAMMING IS PROVIDED AT NO COST FOR QUALIFIED PARTICIPANTS THROUGH GRANTS AND FUNDRAISING, AND WE NOW OFFER PEER TO PEER FUNDRAISING CAMPAIGNS THAT MAKES FUNDRAISING FOR A SPECIFIC PERSON EASILY ACCESSIBLE.WE ALSO HAVE A LIMITED NUMBER OF SCHOLARSHIPS AVAILABLE ON OCCASION. THE PROGRAM INCOME PROVIDES ONLY 10-15% OF THE FUNDING NEEDED ANNUALLY TO KEEP OUR SERVICES IN PLACE AND TO COVER THE VERY HIGH COSTS OF FEEDING AND MAINTAINING HORSES, MAINTAINING OUR PATH PREMIERE CERTIFIED FACILITY, OVERHEAD COSTS SUCH AS INSURANCE, STAFF AND CERTIFIED PATH INSTRUCTORS. THEREFORE, WE RELY HEAVILY ON THE GENEROSITY OF THE COMMUNITY AND ITS BUSINESSES AND CORPORATIONS THROUGH DONATIONS, GRANTS AND OTHER FUNDING.FOR NEARLY 40 YEARS, MTRA HAS PROVIDED THESE UNIQUE AND VALUABLE SERVICES TO MARION AND SURROUNDING COUNTIES ON A CONTINUOUS BASIS. LOCATED IN THE HEART OF THE HORSE CAPITAL OF THE WORLD, BEAUTIFUL AND TEMPERATE OCALA, FLORIDA, WE STRIVE TO PUT THE SPOTLIGHT ON THESE WONDERFUL ANIMALS WHO KEEP OUR THRIVING COMMUNITY TOGETHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Cunningham Pres Until 9/22, Sec Start 9/22 | OfficerTrustee | 10 | $0 |
Gail Sonneberg Vice President | OfficerTrustee | 5 | $0 |
Kelli Holt Secretary Through 8/22 | OfficerTrustee | 5 | $0 |
Melanie Bozeman Treasurer Through 9/22 | OfficerTrustee | 5 | $0 |
Tami Johnson Director | Trustee | 1 | $0 |
Dana Waters Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $62,615 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $405,254 |
| Noncash contributions included in lines 1a–1f | $13,367 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $467,869 |
| Total Program Service Revenue | $124,420 |
| Investment income | $838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $820 |
| Net Income from Fundraising Events | $14,522 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $160 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $617,752 |
| 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. | $32,922 |
| Compensation of current officers, directors, key employees. | $6,584 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,042 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,903 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $140 |
| Office expenses | $13,712 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,245 |
| Travel | $93 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,488 |
| Insurance | $7,796 |
| All other expenses | $2,881 |
| Total functional expenses | $318,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $421,533 |
| Savings and temporary cash investments | $10,262 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,838 |
| 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 | $227,324 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,250 |
| Other assets | $463 |
| Total assets | $664,670 |
| Accounts payable and accrued expenses | $10,143 |
| Grants payable | $0 |
| Deferred revenue | $35,429 |
| 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 | $45,572 |
| Net assets without donor restrictions | $598,924 |
| Net assets with donor restrictions | $20,174 |
| 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 | $664,670 |