Pegasus Riding Academy For The Handicapped
- Assets
- $773.1k
- Revenue
- $286.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Palm Desert, CA
- Founding
- 12/1982
- Data as of
- 12/2022
- EIN
- 95-3774003
Organization Overview
Pegasus Riding Academy For The Handicapped is located in Palm Desert, CA. The organization was established in 1982. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Pegasus Riding Academy For The Handicapped employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pegasus Riding Academy For The Handicapped 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, Pegasus Riding Academy For The Handicapped generated $286.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $414.7k during the year ending 12/2022. While expenses have increased by 6.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ELEVATING THE CAPABILITIES OF KIDS AND ADULTS WITH DISABILITIES THROUGH THERAPEUTIC HORSEBACK RIDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEGASUS THERAPEUTIC RIDING IS A PLACE WHERE CHILDREN AND ADULTS OF ALL AGES AND WITH ALL TYPES OF DISABILITIES CAN COME FOR A FULL RANGE OF MOTION EXERCISE ON HORSEBACK, EQUINE ASSISTED THERAPY. THE WALKING MOTION OF THE HORSE'S BODY, AGAINST HUMAN LEGS, MASSAGES ALL THE MUSCLES USED IN THE HUMAN WALK, AND IS AN INSPIRING AND EXCITING EXPERIENCE FOR THOSE WHOSE LIFE IS SPENT IN A WHEELCHAIR OR WITH DISABILITIES.EACH RIDER IS GENTLY EASED INTO A PROGRAM OF PHYSICAL EXERCISE GEARED TO THEIR NEEDS. IMMOBILITY CAUSES GOOD MUSCLES TO ATROPHY WHICH LEADS TO FURTHER PROBLEMS FOR A DISABLED PERSON. AT PEGASUS, WE TRY TO STRENGTHEN THE MUSCLES AND JOINTS WITH THESE EXERCISES ALONG WITH THE EFFORT REQUIRED IN MOUNTING, DISMOUNTING AND RIDING A HORSE.OUR PROGRAM OFFERS PSYCHOLOGICAL AND EMOTIONAL BENEFITS SUCH AS LEARNING TO CONCENTRATE, THE DISCIPLINE OF FOLLOWING DIRECTIONS AND A SENSE OF ACCOMPLISHMENT AT BEING ABLE TO STEER A LARGE ANIMAL. MOST AUTISTICS HAVE DIFFICULTY BONDING WITH PEOPLE, A SHORT ATTENTION SPAN AND MOST DO NOT COMMUNICATE. AT PEGASUS AUTISTICS ARE ABLE TO BOND WITH AN ANIMAL AND VOLUNTEERS, DEVELOPING TRUST AND CONFIDENCE. IN THE RIDING ARENA MANY OF THEM ARE SUDDENLY ATTENTIVE AND SOME HAVE FOUND WAYS TO COMMUNICATE. RIDERS FEEL A SENSE OF ACCOMPLISHMENT BY ACHIEVING CERTAIN GOALS. THE INTERACTION WITH THE VOLUNTEERS AND THE HORSE ALSO HELP THE RIDERS SOCIALIZING SKILLS.AT PEGASUS WE LOOK TO THE ABILITY OF A PERSON RATHER THAN THE DISABILITY. AT PEGASUS, WE BELIEVE EVERYONE IS WORTHY AND WE KNOW THAT MIRACLES DO HAPPEN, WE SEE THEM EVERY TIME WE TAKE A PERSON OUT OF A WHEELCHAIR AND PUT THEM ON A HORSE. ABOUT OUR CLIENTSRIDERS/CLIENTS COME FROM THE COACHELLA VALLEYS UNIFIED SCHOOL DISTRICTS SPECIAL NEEDS CLASSES. PEGASUS PAYS TO BUS THESE RIDERS TO AND FROM OUR FACILITY DURING THE WEEK. OTHER RIDERS/CLIENTS ARE REFERRED FROM ANGEL VIEW CRIPPLED CHILDRENS FOUNDATION, DESERT ARC, AUTISM ASSOCIATION, AND ACT FOR MS. WE ALSO HAVE CLASSES FOR PRESCHOOL AND HOME SCHOOL CHILDREN, AND WE GET REFERRALS FROM LOMA LINDA AND PRIVATE PRACTICE DOCTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chase Berke Secretary | OfficerTrustee | 12 | $0 |
Heath Scarinci Chairman | OfficerTrustee | 5 | $0 |
Joe Basak Treasurer | OfficerTrustee | 5 | $0 |
Penny Carpenter Director | Trustee | 3 | $0 |
Andrew Dye Director | Trustee | 2 | $0 |
Rex Buck Pruett Director | Trustee | 2 | $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 | $271,535 |
| Noncash contributions included in lines 1a–1f | $1,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $271,535 |
| Total Program Service Revenue | $0 |
| Investment income | $3,199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,582 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $286,316 |
| 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 | $205,764 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,193 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,995 |
| 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 | $0 |
| Office expenses | $25,883 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,098 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,459 |
| Insurance | $10,529 |
| All other expenses | $1,000 |
| Total functional expenses | $414,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,869 |
| Savings and temporary cash investments | $405,673 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,687 |
| 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 | $277,437 |
| Investments—publicly traded securities | $2,704 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,695 |
| Total assets | $773,065 |
| Accounts payable and accrued expenses | $10,470 |
| 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 | $147,049 |
| Other liabilities | $0 |
| Total liabilities | $157,519 |
| Net assets without donor restrictions | $482,176 |
| Net assets with donor restrictions | $133,370 |
| 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 | $773,065 |