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Nonprofiteer
← HORSES FOR HEROES-NEW MEXICO INC

Form 990 for tax year 2024

Filed by HORSES FOR HEROES-NEW MEXICO INC.

Totals

Total revenue
$531,933
Total expenses
$90,126
Contributions and grants received
$406,238
Grants paid
$0
Program service revenue
$0
Investment income
$125,695
Other revenue
$0
Total assets, end of year
$3,337,589
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,337,589
Program services expenses (Part IX)
$73,825
Management and general expenses
$16,301
Fundraising expenses
$0
Program service expenses (Part III)
$73,825

Program services were 81.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $30,000

  • 1f · All other contributions, gifts and grants

    $376,238

  • 3 · Investment income

    total $125,695 · excluded $125,695

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $2,375 · program services $1,188 · management and general $1,187

  • 11g · Fees: other

    total $3,120 · program services $3,120

  • 12 · Advertising and promotion

    total $2,889 · program services $2,889

  • 13 · Office expenses

    total $8,657 · program services $4,329 · management and general $4,328

  • 22 · Depreciation, depletion and amortization

    total $7,205 · program services $5,000 · management and general $2,205

  • 24a · Other expenses: Horse Expenses

    total $16,427 · program services $16,427

  • 24b · Other expenses: Food and Meals for Resi

    total $9,987 · program services $9,987

  • 24c · Other expenses: Vehicle Expenses

    total $8,544 · management and general $8,544

  • 24d · Other expenses: Navajo Nations Water Pr

    total $7,574 · program services $7,574

  • 24e · All other expenses

    total $23,348 · program services $23,311 · management and general $37

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $712,136 · end of year $428,130

  • 2 · Savings and temporary cash investments

    beginning of year $2,076,833 · end of year $2,808,577

  • 10a · Land, buildings and equipment: cost or other basis

    $191,571

  • 10b · Land, buildings and equipment: accumulated depreciation

    $119,843

  • 10c · Land, buildings and equipment, net

    beginning of year $78,933 · end of year $71,728

  • 11 · Investments: publicly traded securities

    beginning of year $27,880 · end of year $29,154

  • 27 · Net assets without donor restrictions

    beginning of year $2,895,782 · end of year $3,314,199

  • 28 · Net assets with donor restrictions

    end of year $23,390

Mission and programs · 2024

Mission

The organization provides a free program of unique horsemanship, wellness, and skill-set restructuring that is open to all post 9/11 veterans as well as active military personnel who have sustained post-traumatic stress disorder, combat trauma, or physical injuries during their time of service to our country.

Activities or mission (Part I)

Provide horsemanship & skill-set restructuring program for combat veterans & active military

  • Hands-on programs include Cowboy Up!, a program that provides horsemanship, wellness and skill-set restructuring to post 9/11 combat wounded and PTSD-rated veterans, aiding in their post traumatic healing resilience. The program is self-paced and objective/outcome-based. It is both a day program for regional veterans and a residential program for participating veterans from out of state and across the country. The program is self-sustaining with program graduates serving as a cadre with the all-volunteer instructor staff. Approximately 9,600 hours of sessions and veteran activities, including phone, skype, and zoom counseling were provided.Wisdom Way for Warriors is our hybrid life-skills coaching program. Originally exclusive to women veterans, it is now integrated with our Cowboy Up! program as well as individual coaching sessions.Veteran participant families and couples personal retreats - veterans who have participated in the Cowboy Up! program are allowed to participate in a personal family or couples retreat, individually designed for their families' pre- and post-development needs.Program partners with US Special Special Operations (SOCOM) warrior care coalition.The US Navy special warfare teams began pre-deployment resiliency training during 2023 as a result of the success of our pilot program, initiated in 2022, of pre-deployment resiliency for active military conducted with the US Army first division. Providing trauma mitigation tools that allow active duty members who are deplolying to combat zones the ability to identify the debilitating effects of combat trauma in themselves and their unit members in order to stave off what would become post traumatic stress disorder. As part of this initiative we will also host active duty couples returning from multiple deployments, in retreat style setting to mitigate and repair the catastrophic effects resulting from back to back combat deployments.Wholesome and unitritious home-cooked meals are provided daily to all program participants for all programs.A continuing component of this program is the "Train the Trainers" graduate core class for EGCM (Equine Gestalt Coaching Method) on how to work with veterans and their trauma.The organization is endorsed by the New Mexico Department of Veteran Services, New Mexico Cattle Growers Association and their member ranches, Working Ranch Cowboys Association (WRCA), Wrangler National Patriot Program, American Gold Start Mother of American - Albuquerque chapter, the Military Order of World Wars - Santa Fe chapter, New Mexico Women's Veterans Association, the Southwest Native American Veterans Association, and many more.

    Expenses $58,206

  • Navajo Nation sustainable agriculture program for native american veteran ranchers. This program is conducted cooperatively with Villanova University's humanitarian engineering and international development division. We partner with graduate engineering student volunteers to address specific engineering challenges mainly dealing with water on our sister ranch on the Navajo nation such as water restoration, reclamation and capture in support of their cow-calf production operation as well as the agriculture elements that are essential to growing hay for feed. Military veterans are fully engage with the university students in designing, planning and executing the projects which encompass the entire academic year. Horses for Heroes cadre will similarly travel to villanove univesity to conduct program leader and team selection, oversight, and training as well as project design and planning.

    Expenses $15,619

  • N/A

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Richard Iannucci

    President

    Total calculated
    $0
    Hours/week
    60
  • Nancy De Santia

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    60
  • Charles Bennett

    Board Member

    Total calculated
    $0
    Hours/week
    8

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
28 July 2025
IRS schema version
2024v5.2
Source object
202542099349300999

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