Sire Inc
- Assets
- $8.3m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 30
- Location
- Houston, TX
- Founding
- 04/1986
- Data as of
- 06/2023
- EIN
- 74-2168515
Organization Overview
Sire Inc is located in Houston, TX. The organization was established in 1986. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 06/2023, Sire Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sire 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 06/2023, Sire Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 3.2% 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
PROVIDING A COMMUNITY WHERE HORSES HELP PEOPLE WITH DISABILITIES AND CHALLENGES TO LIVE THEIR BEST LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER 6800 SERVICE HOURS WERE PROVIDED TO 302 UNIQUE CLIENTS THROUGH OUR WEEKLY RIDING PROGRAM AND EQUINE-ASSISTED LEARNING PROGRAM.
PUBLIC EDUCATION ON THE BENEFITS AND SUITABILITY OF THERAPEUTIC RIDING AND EQUINE-ASSISTED LEARNING.
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Wappelhorst Executive Director | Officer | 40 | $104,550 |
Carol Farnsworth Board Member | Trustee | 2 | $0 |
Ethan Hendrickson Board Member | Trustee | 2 | $0 |
Mary Elizabeth Sand Board Member | Trustee | 2 | $0 |
Jennifer Smart Board Member | Trustee | 2 | $0 |
Andrea Fry Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $267,344 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,571,252 |
| Noncash contributions included in lines 1a–1f | $1,098,242 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,838,596 |
| Total Program Service Revenue | $343,957 |
| Investment income | $1,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,747 |
| Net Gain/Loss on Asset Sales | $574,277 |
| Net Income from Fundraising Events | -$18,294 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,321 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,777,804 |
| 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. | $104,750 |
| Compensation of current officers, directors, key employees. | $104,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $549,529 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,948 |
| Payroll taxes | $58,940 |
| Fees for services: Management | $4,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,772 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,019 |
| Advertising and promotion | $0 |
| Office expenses | $40,255 |
| Information technology | $6,260 |
| Royalties | $0 |
| Occupancy | $144,328 |
| Travel | $18,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $108,186 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,089 |
| Insurance | $60,937 |
| All other expenses | $62,859 |
| Total functional expenses | $1,605,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $897,886 |
| Savings and temporary cash investments | $10,054 |
| Pledges and grants receivable | $334,136 |
| Accounts receivable, net | $24,771 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $210,120 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,000 |
| Net Land, buildings, and equipment | $6,812,009 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,289,976 |
| Accounts payable and accrued expenses | $34,893 |
| Grants payable | $0 |
| Deferred revenue | $13,065 |
| 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 | $3,196,928 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,244,886 |
| Net assets without donor restrictions | $4,711,332 |
| Net assets with donor restrictions | $333,758 |
| 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 | $8,289,976 |