Mke Urban Stables Inc
- Assets
- $6.1m
- Revenue
- $445.8k
- Investments
- $0.0
- Employees
- 10
- Location
- Milwaukee, WI
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-2573223
Organization Overview
Mke Urban Stables Inc is located in Milwaukee, WI. The organization was established in 2019. According to its NTEE Classification (I60) the organization is classified as: Law Enforcement, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Mke Urban Stables Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mke Urban Stables 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, Mke Urban Stables Inc generated $445.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.3%) each year. All expenses for the organization totaled $466.9k during the year ending 12/2022. 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
THE MISSION OF MKE URBAN STABLES IS TO CONNECT PEOPLE WITH HORSES AND WITH EACH OTHER TO BUILD AND STRENGTHEN COMMUNITY THROUGH SERVICE, CARE, AND HEALING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MKE URBAN STABLES OFFERS THE FOLLOWING SERVICES:EQUINE-ASSISTED THERAPY (EAT) INCORPORATES HORSES INTO MENTAL HEALTH THERAPY. IT IS FACILITATED BY A QUALIFIED/LICENSED MENTAL HEALTH PROFESSIONAL, A CERTIFIED EQUINE SPECIALIST, AND A TEAM OF INTUITIVE EQUINE PARTNERS (HORSES) IN A PRIVATE, SAFE, AND NON-THREATENING ENVIRONMENT. THIS THERAPY HELPS OUR YOUTH AND VETERAN CLIENTS LEARN ABOUT THEMSELVES AND THEIR RELATIONSHIPS WITH OTHERS BY PARTICIPATING IN ACTIVITIES WITH THE HORSES. HORSES ARE USED FOR GROWTH, LEARNING, AND HEALING. WE HELP OUR CLIENTS IMPROVE THEIR SELF-ESTEEM, BUILD CONFIDENCE, WORK ON THEIR SOCIAL COMMUNICATION SKILLS, BETTER THEIR RELATIONSHIPS, AND GAIN BETTER SOCIAL AWARENESS THROUGH THESE EXPERIENTIAL ACTIVITIES. EQUINE-ASSISTED LEARNING (EAL) IS AN EXPERIENTIAL APPROACH TO PROMOTING LIFE SKILLS DEVELOPMENT FOR EDUCATIONAL, PROFESSIONAL, AND PERSONAL GOALS THROUGH EQUINE-ASSISTED ACTIVITIES. IT MOVES BEYOND INTELLECTUAL AWARENESS AND ALLOWS CLIENTS TO PARTICIPATE TANGIBLY IN HOW THEIR BEHAVIORS, ATTITUDES, AND BELIEFS IMPACT THEMSELVES AND OTHERS. PARTICIPANTS CAN IDENTIFY PATTERNS, EXAMINE THEIR BEHAVIOR, AND MOVE TOWARD CHANGE.COMMUNITY RELATIONSMKE URBAN STABLES IS A MULTI-CULTURAL GATHERING PLACE REFLECTIVE OF OUR CITY THAT HELPS TO IMPROVE POLICE/COMMUNITY RELATIONS FOR YOUTH, VETERANS, AND THE COMMUNITY AT LARGE WHO HAVE LIMITED OPPORTUNITIES TO INTERACT POSITIVELY WITH LAW ENFORCEMENT ACTIVITIES. WE ARE PROUD TO BE DEVELOPING GENUINE PARTNERSHIPS THAT WILL ENDURE OVER TIME, PARTICULARLY PARTNERSHIPS BETWEEN POLICE AND COMMUNITY MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Lovern President | OfficerTrustee | 5 | $0 |
Edward Krishok Vice President | OfficerTrustee | 5 | $0 |
James Phillips Treasurer | OfficerTrustee | 5 | $0 |
David Lubar Secretary | OfficerTrustee | 5 | $0 |
Mary Avery Director | Trustee | 1 | $0 |
Richard Lincoln Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $362,540 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $362,540 |
| Total Program Service Revenue | $67,173 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,082 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $445,801 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $16,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,398 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,923 |
| Payroll taxes | $12,416 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,268 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,763 |
| Advertising and promotion | $4,544 |
| Office expenses | $4,783 |
| Information technology | $5,840 |
| Royalties | $0 |
| Occupancy | $22,756 |
| Travel | $1,799 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $89,287 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,717 |
| Insurance | $22,586 |
| All other expenses | $0 |
| Total functional expenses | $466,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,518 |
| Savings and temporary cash investments | $54,275 |
| Pledges and grants receivable | $240,000 |
| Accounts receivable, net | $1,760 |
| 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 | $2,887 |
| Net Land, buildings, and equipment | $5,584,446 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,125,886 |
| Accounts payable and accrued expenses | $4,357 |
| 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 | $1,634,053 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,024 |
| Total liabilities | $1,643,434 |
| Net assets without donor restrictions | $4,242,452 |
| Net assets with donor restrictions | $240,000 |
| 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 | $6,125,886 |