New Beginnings Therapeutic Riding Inc is located in Bowling Green, KY. The organization was established in 1997. 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, New Beginnings Therapeutic Riding Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings 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, New Beginnings Therapeutic Riding Inc generated $170.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $127.0k during the year ending 12/2021. While expenses have increased by 3.0% 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
NEW BEGINNINGS PROVIDES THERAPEUTIC RIDING TO THE PHYSICALLY &/OR MENTALLY CHALLENGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW BEGINNINGS IS A PATH (PROFESSIONAL ASSOCIATION OF THERAPEUDIC HORSEMANSHIP) PREMIER ACCREDITED MEMBER. NEW BEGINNINGS CURRENTLY HAS SEVEN CERTIFIED INSTRUCTORS, NINE HORSES, AND APPROXIMATELY 100 WEEKLY RIDERS.
NEW BEGINNINGS IS A PATH (PROFESSIONAL ASSOCIATION OF THERAPEUDIC HORSEMANSHIP) PREMIER ACCREDITED MEMBER. NEW BEGINNINGS CURRENTLY HAS SEVEN CERTIFIED INSTRUCTORS, NINE HORSES, AND APPROXIMATELY 100 WEEKLY RIDERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rheanna Plemons Edd President | Officer | $0 | |
Nick Carter Board Member | Trustee | $0 | |
Nick Chapman Board Member | Trustee | $0 | |
Erica Cutright Board Member | Trustee | $0 | |
Dr Danielle Foster DO Board Member | Trustee | $0 | |
David Hutchinson Board Member | Trustee | $0 |
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 | $86,737 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $86,737 |
Total Program Service Revenue | $54,516 |
Investment income | $377 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $14,694 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $709 |
Miscellaneous Revenue | $0 |
Total Revenue | $170,545 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $61,721 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,021 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,640 |
Office expenses | $7,523 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,678 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $449 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,310 |
Insurance | $3,182 |
All other expenses | $2,847 |
Total functional expenses | $126,973 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $90,514 |
Savings and temporary cash investments | $57,806 |
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 | $4,015 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,758 |
Total assets | $164,093 |
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 | $23,156 |
Other liabilities | $713 |
Total liabilities | $23,869 |
Net assets without donor restrictions | $140,224 |
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 | $164,093 |
Over the last fiscal year, we have identified 4 grants that New Beginnings Therapeutic Riding Inc has recieved totaling $19,153.
Awarding Organization | Amount |
---|---|
Whas Crusade For Children Inc Louisville, KY PURPOSE: $10,000 FOR SALARIES FOR INSTRUCTORS AND EQUINE ASSISTED ACTIVITIES AND THERAPY LESSONS | $10,000 |
Larson Foundation Plymouth, MN PURPOSE: CHARITABLE | $5,000 |
Roemer-Elrod Trust Fund For The Handicapped Bowling Green, KY PURPOSE: CONTRIBUTION TO HELP FUND THERAPEUTIC HORSE RIDING FOR STUDENTS WITH DISABILTIES | $4,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $153 |
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