Colorado Therapeutic Riding Center is located in Longmont, CO. The organization was established in 1982. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Colorado Therapeutic Riding Center employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Therapeutic Riding 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, Colorado Therapeutic Riding Center generated $655.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $745.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 9 years. 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
TO CHANGE THE LIVES OF PEOPLE WITH DISABILITIES BY PROMOTING THEIR PHYSICAL, PSYCHOLOGICAL AND SOCIAL WELL-BEING THROUGH EQUINE-ASSISTED ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CTRC PROVIDED ABLE-BODIED LESSONS TO OUR PARTICIPANTS WITH AUTISM, MS, DEPRESSION, ANXIETY AND OTHER DISABILITIES OF PEOPLE WHO DID NOT REQUIRE HANDS-ON ASSISTANCE TO MOUNT OR DISMOUNT THE HORSES. WE ALSO PROVIDED ADDITIONAL SERVICES IN MENTAL HEALTH AND EQUINE-ASSISTED LEARNING PROGRAMS AND CTRC BROUGHT BACK THERAPY SESSIONS IN THE SUMMER OF 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michele Bruhn Executive Di | Officer | 40 | $75,531 |
Travis Salzman President | OfficerTrustee | 1 | $0 |
Meg Dyer Vice Preside | OfficerTrustee | 1 | $0 |
Mary Lahr Treasurer | OfficerTrustee | 2 | $0 |
Kadie Hughes Director | Trustee | 1 | $0 |
Margit Tritt Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $115,401 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $419,308 |
Noncash contributions included in lines 1a–1f | $80,243 |
Total Revenue from Contributions, Gifts, Grants & Similar | $534,709 |
Total Program Service Revenue | $141,638 |
Investment income | $885 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $664 |
Net Income from Fundraising Events | -$24,264 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $655,949 |
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. | $80,023 |
Compensation of current officers, directors, key employees. | $6,402 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $275,106 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $14,457 |
Payroll taxes | $39,400 |
Fees for services: Management | $8,384 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,988 |
Advertising and promotion | $0 |
Office expenses | $44,178 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $24,262 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $7,192 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $52,861 |
Insurance | $29,973 |
All other expenses | $4,314 |
Total functional expenses | $745,117 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $42,465 |
Savings and temporary cash investments | $8,994 |
Pledges and grants receivable | $10,000 |
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 | $19,400 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $858,557 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,505 |
Total assets | $950,921 |
Accounts payable and accrued expenses | $39,201 |
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 | $89,164 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $500 |
Total liabilities | $128,865 |
Net assets without donor restrictions | $807,056 |
Net assets with donor restrictions | $15,000 |
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 | $950,921 |