Misty Meadows Equine Learning Center
- Assets
- $266.7k
- Revenue
- $907.2k
- Investments
- $0.0
- Employees
- 19
- Location
- Vineyard Haven, MA
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 81-0774854
Organization Overview
Misty Meadows Equine Learning Center is located in Vineyard Haven, MA. The organization was established in 2016. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2023, Misty Meadows Equine Learning Center employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Misty Meadows Equine Learning Center 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 12/2023, Misty Meadows Equine Learning Center generated $907.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $839.9k during the year ending 12/2023. 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
MISTY'S GOAL IS TO PROVIDE A UNIQUE, MAGICAL, AND TRANSFORMATIVE EXPERIENCE UNLIKE MOST TRADITIONAL RIDING BARNS, WHERE PEOPLE CONNECT WITH HORSES AND THEMSELVES ON A DEEPER LEVEL. MISTY WORKS WITH STUDENTS TO UNDERSTAND THEIR EMOTIONAL, PHYSICAL, AND MENTAL NEEDS, AND HOW WORKING WITH HORSES CAN HELP ENHANCE AND IMPROVE THEIR HEALTH AND WELLNESS. MISTY IS WELCOMING AND OPEN TO ALL INDIVIDUALS, REGARDLESS OF AGE, RACE, SEX, INCOME, OR ANY OTHER DEMOGRAPHIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISTY MEADOWS EQUINE LEARNING CENTER ASPIRES TO BE A LEADING RESOURCE IN THE ISLAND COMMUNITY AND BEYOND, THAT CONNECTS INDIVIDUALS OF ALL AGES AND ABILITIES TO HORSES AND THE NATURAL ENVIRONMENT THROUGH UNIQUE, INNOVATIVE AND INCLUSIVE PROGRAMMING THAT IS AFFORDABLE FOR ALL. WE ARE DEDICATED TO PROVIDING PROGRAMS THAT STIMULATE AN INTEREST IN HORSES AND EMPOWER INDIVIDUALS THROUGH CONNECTION WITH THEM, HELPING STUDENTS BETTER UNDERSTAND THEIR OWN EMOTIONAL AND PHYSICAL NEEDS AND HOW HORSES CAN ENHANCE AND IMPROVE THEIR HEALTH AND WELLNESS. PROGRAMS ARE AVAILABLE YEAR-ROUND AND OPEN TO BOTH YOUTH AND ADULTS.SEE SCHEDULE O FOR ADDITIONAL INFORMATION2023 ACCOMPLISHMENTS:CONNECTED WITH 7,650 PEOPLE THROUGH BOTH OUR OUTREACH EDUCATIONAL ACTIVITIES AND OUR DIRECT SERVICE PROGRAMS WITH THE SUPPORT OF 100 ACTIVE VOLUNTEERS GIVING AN ESTIMATED 6,500 HOURS.COLLABORATED WITH 37 OTHER ISLAND ORGANIZATIONS - 11 MORE THAN LAST YEAR! INSTALLED A MOUNTING RAMP AND MECHANICAL LIFT TO IMPROVE ACCESSIBILITY FOR INDIVIDUALS WITH MOBILITY IMPAIRMENTS.NOMINATED THE WISE ELDER OF OUR EQUINE HERD, NOBLE, AS THE PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP EQUINE OF THE YEAR. HE WON THIS NATIONAL AWARD AND IS ALSO BEING INDUCTED INTO THE EQUUS FOUNDATION HORSE STARS HALL OF FAME!HOSTED TWO FREE COMMUNITY EVENTS WITH OVER 1,000 PEOPLE ATTENDING EACH EVENT.ACHIEVED GUARDIAN STATUS FROM THE EQUUS FOUNDATION, WHICH IS AWARDED TO ORGANIZATIONS THAT "DEMONSTRATE A COMMITMENT TO PUBLIC TRANSPARENCY BY THEIR WILLINGNESS TO MAKE COMPREHENSIVE DATA ABOUT THEIR PROGRAMS, HORSE CARE PRACTICES, AND GOVERNANCE AVAILABLE FOR PUBLIC SCRUTINY." MISTY MEADOWS IS NOW ONE OF JUST 17 ORGANIZATIONS IN NEW ENGLAND TO EARN THIS DISTINCTION.ENJOYED TWO OUTSTANDING SUMMER EVENTS AND MADE MANY NEW FRIENDS!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Egerton Jr President | OfficerTrustee | 4 | $0 |
Alysa Mcdaniel Treasurer | OfficerTrustee | 4 | $0 |
Morgan Hodgson Clerk/secretary From 3/28/23 | OfficerTrustee | 4 | $0 |
Randi Baird Director | Trustee | 4 | $0 |
Eileen Sandberg Director | Trustee | 4 | $0 |
Annie Cabot Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $725 |
| Related organizations | $355,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $348,487 |
| Noncash contributions included in lines 1a–1f | $11,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $704,212 |
| Total Program Service Revenue | $172,508 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,386 |
| Net Gain/Loss on Asset Sales | -$3,250 |
| Net Income from Fundraising Events | $8,788 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,281 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $907,166 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,308 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,522 |
| Compensation of current officers, directors, key employees. | $6,772 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,680 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,756 |
| Payroll taxes | $37,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,950 |
| Fees for services: Accounting | $64,911 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,646 |
| Advertising and promotion | $23,643 |
| Office expenses | $21,706 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,579 |
| Travel | $1,980 |
| 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 | $8,016 |
| Insurance | $5,040 |
| All other expenses | $0 |
| Total functional expenses | $839,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,016 |
| Accounts receivable, net | $2,935 |
| 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 | $17,643 |
| Net Land, buildings, and equipment | $37,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $56,595 |
| Total assets | $266,747 |
| Accounts payable and accrued expenses | $26,480 |
| Grants payable | $0 |
| Deferred revenue | $1,255 |
| 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 | $27,735 |
| Net assets without donor restrictions | $185,087 |
| Net assets with donor restrictions | $53,925 |
| 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 | $266,747 |