Totals
- Total revenue
- $641,020
- Total expenses
- $607,405
- Contributions and grants received
- $422,516
- Grants paid
- $0
- Program service revenue
- $215,218
- Investment income
- -$500
- Other revenue
- $3,786
- Total assets, end of year
- $626,953
- Total liabilities, end of year
- $230,116
- Net assets or fund balances, end of year
- $396,837
- Program services expenses (Part IX)
- $478,293
- Management and general expenses
- $80,375
- Fundraising expenses
- $48,737
- Program service expenses (Part III)
- $478,293
Program services were 78.7% 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.
-
1c · Fundraising events
$113,970
-
1f · All other contributions, gifts and grants
$308,546
-
1g · Noncash contributions included above
$5,000
-
2a · Program service revenue: THERAPEUTIC RIDING
total $181,475 · related or exempt $181,475
-
2b · Program service revenue: GROUP ACTIVITIES
total $33,208 · related or exempt $33,208
-
2c · Program service revenue: OTHER
total $535 · related or exempt $535
-
3 · Investment income
total $1,733 · related or exempt $1,733
-
7a · Gross sales of assets other than inventory
other assets $2,500
-
7b · Less cost or other basis and sales expenses
other assets $4,733
-
7c · Gain or loss
other assets -$2,233
-
7d · Net gain or loss
total -$2,233 · related or exempt -$2,233
-
8a · Fundraising events: gross income
$7,900
-
8a · Fundraising events: contributions included on line 1c
$113,970
-
8b · Fundraising events: direct expenses
$7,900
-
11a · Other revenue: PROMOTIONAL SALES
total $3,786 · related or exempt $3,786
-
11e · Other revenue, total
$3,786
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $65,000 · program services $26,000 · management and general $19,500 · fundraising $19,500
-
7 · Other salaries and wages
total $313,520 · program services $262,020 · management and general $45,000 · fundraising $6,500
-
9 · Other employee benefits
total $6,226 · program services $2,824 · management and general $1,701 · fundraising $1,701
-
10 · Payroll taxes
total $29,862 · program services $22,722 · management and general $5,088 · fundraising $2,052
-
11b · Fees: legal
total $489 · program services $489
-
11c · Fees: accounting
total $4,000 · program services $4,000
-
11g · Fees: other
total $2,351 · program services $2,020 · management and general $236 · fundraising $95
-
12 · Advertising and promotion
total $24,670 · program services $11,419 · management and general $850 · fundraising $12,401
-
13 · Office expenses
total $26,707 · program services $16,940 · management and general $3,690 · fundraising $6,077
-
16 · Occupancy
total $24,754 · program services $22,144 · management and general $2,465 · fundraising $145
-
17 · Travel
total $5,812 · program services $5,812
-
20 · Interest
total $84 · program services $84
-
22 · Depreciation, depletion and amortization
total $19,729 · program services $19,729
-
23 · Insurance
total $21,740 · program services $19,629 · management and general $1,845 · fundraising $266
-
24a · Other expenses: HAY
total $26,586 · program services $26,586
-
24b · Other expenses: VETERINARY
total $13,970 · program services $13,970
-
24c · Other expenses: FEED
total $8,055 · program services $8,055
-
24d · Other expenses: HORSE SUPPLIES
total $7,095 · program services $7,095
-
24e · All other expenses
total $6,755 · program services $6,755
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $71,495 · end of year $26,023
-
2 · Savings and temporary cash investments
beginning of year $203,753 · end of year $271,343
-
4 · Accounts receivable
beginning of year $420 · end of year $9,680
-
9 · Prepaid expenses and deferred charges
beginning of year $18,804 · end of year $18,286
-
10a · Land, buildings and equipment: cost or other basis
$187,584
-
10b · Land, buildings and equipment: accumulated depreciation
$115,927
-
10c · Land, buildings and equipment, net
beginning of year $88,249 · end of year $71,657
-
15 · Other assets
beginning of year $239,683 · end of year $229,964
-
17 · Accounts payable and accrued expenses
beginning of year $4,412 · end of year $108
-
19 · Deferred revenue
beginning of year $15,070
-
25 · Other liabilities
beginning of year $239,700 · end of year $230,008
-
27 · Net assets without donor restrictions
beginning of year $363,222 · end of year $396,837
Mission and programs · 2023
Mission
TO PROMOTE AND ENHANCE THE WELFARE OF INDIVIDUALS WITH DISABILITIES BY PROVIDING A PROGRAM OF THERAPEUTIC, EDUCATIONAL AND RECREATIONAL VALUE, AND FURTHER, TO EMPOWER INDIVIDUALS WHO ARE MENTALLY, PHYSICALLY AND/OR EMOTIONALLY CHALLENGED THROUGH THE USE OF HORSES, WHILE PROVIDING THERAPEUTIC BENEFITS IN A SAFE AND CONTROLLED ATMOSPHERE.
-
HORSEPOWER, INC. PROVIDES THERAPEUTIC HORSEBACK RIDING ACITIVITIES FOR INDIVIDUALS WITH DISABILITIES. THEY ALSO SERVE ABLE-BODIED STUDENTS IN SEVERAL CAPACITIES, INCLUDING YOUTH SUMMER CAMPS, TEAMWORK AND EQUESTRIAN INSTRUCTION THROUGH LOCAL SCHOOL PARTNERSHIPS, AND LEADING BUSINESSES IN DAYS OF CARING ACTIVITIES.
Expenses $478,293 · Revenue $215,218
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jan CliffordJAN CLIFFORD
EXECUTIVE DI
- Total calculated
- $65,000
- From this org
- $65,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 2 related
-
Colleen CallahanCOLLEEN CALLAHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brandon CarreyBRANDON CARREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Vernon FarringtonVERNON FARRINGTON
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Melissa LyonsMELISSA LYONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ellis MartinELLIS MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Isadore MorrowISADORE MORROW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Treese MosherTREESE MOSHER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Doug MurrayDOUG MURRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Susan RizziSUSAN RIZZI
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Melanie ShafferMELANIE SHAFFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Melissa WaldronMELISSA WALDRON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
George WhiteGEORGE WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · FINL SUPRT · NC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 March 2024
- IRS schema version
- 2023v4.0
- Source object
- 202400759349300145
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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