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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