Totals
- Total revenue
- $1,804,102
- Total expenses
- $1,328,109
- Contributions and grants received
- $1,184,165
- Grants paid
- $76,850
- Program service revenue
- $572,297
- Investment income
- $137,858
- Other revenue
- -$90,218
- Total assets, end of year
- $13,997,666
- Total liabilities, end of year
- $216,532
- Net assets or fund balances, end of year
- $13,781,134
- Program services expenses (Part IX)
- $947,671
- Management and general expenses
- $270,100
- Fundraising expenses
- $110,338
- Program service expenses (Part III)
- $947,671
Program services were 71.4% 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.
-
1a · Federated campaigns
$2,764
-
1c · Fundraising events
$289,430
-
1e · Government grants (contributions)
$66,739
-
1f · All other contributions, gifts and grants
$825,232
-
1g · Noncash contributions included above
$131,930
-
2a · Program service revenue: LESSON INCOME
total $521,126 · related or exempt $521,126
-
2b · Program service revenue: CAMP
total $43,890 · related or exempt $43,890
-
2c · Program service revenue: INSTRUCTOR TRAINING
total $7,281 · related or exempt $7,281
-
3 · Investment income
total $202,171 · excluded $202,171
-
6a · Gross rents
real property $1,200
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $1,200
-
6d · Net rental income or loss
total $1,200 · related or exempt $1,200
-
7a · Gross sales of assets other than inventory
securities $3,597,446
-
7b · Less cost or other basis and sales expenses
securities $3,661,759
-
7c · Gain or loss
securities -$64,313
-
7d · Net gain or loss
total -$64,313 · excluded -$64,313
-
8a · Fundraising events: gross income
$38,550
-
8a · Fundraising events: contributions included on line 1c
$289,430
-
8b · Fundraising events: direct expenses
$140,010
-
8c · Net income from fundraising events
total -$101,460 · excluded -$101,460
-
11a · Other revenue: OTHER REVENUE
total $10,042 · related or exempt $10,042
-
11e · Other revenue, total
$10,042
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $76,850 · program services $76,850
-
5 · Compensation of officers, directors and key employees
total $74,616 · program services $50,178 · management and general $13,949 · fundraising $10,489
-
7 · Other salaries and wages
total $450,310 · program services $302,830 · management and general $84,180 · fundraising $63,300
-
9 · Other employee benefits
total $32,987 · program services $22,184 · management and general $6,166 · fundraising $4,637
-
10 · Payroll taxes
total $40,652 · program services $27,338 · management and general $7,600 · fundraising $5,714
-
11c · Fees: accounting
total $34,990 · management and general $34,990
-
11f · Fees: investment management
total $56,418 · management and general $56,418
-
11g · Fees: other
total $7,598 · management and general $7,598
-
12 · Advertising and promotion
total $5,192 · fundraising $5,192
-
13 · Office expenses
total $19,396 · management and general $17,761 · fundraising $1,635
-
14 · Information technology
total $18,704 · program services $13,490 · management and general $5,214
-
16 · Occupancy
total $30,416 · program services $25,949 · management and general $3,485 · fundraising $982
-
20 · Interest
total $13,965 · program services $13,267 · management and general $698
-
22 · Depreciation, depletion and amortization
total $86,334 · program services $77,701 · management and general $8,633
-
23 · Insurance
total $71,114 · program services $64,714 · management and general $4,267 · fundraising $2,133
-
24a · Other expenses: GRAIN AND HAY
total $79,716 · program services $79,716
-
24b · Other expenses: VETERINARIAN
total $64,232 · program services $64,232
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $48,616 · program services $36,462 · management and general $12,154
-
24d · Other expenses: BLACKSMITH
total $41,818 · program services $41,818
-
24e · All other expenses
total $74,185 · program services $50,942 · management and general $6,987 · fundraising $16,256
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $167,543 · end of year $197,663
-
2 · Savings and temporary cash investments
beginning of year $456,003 · end of year $500,938
-
3 · Pledges and grants receivable
end of year $223,257
-
4 · Accounts receivable
beginning of year $13,520 · end of year $19,515
-
9 · Prepaid expenses and deferred charges
beginning of year $4,459 · end of year $5,450
-
10a · Land, buildings and equipment: cost or other basis
$5,961,510
-
10b · Land, buildings and equipment: accumulated depreciation
$1,315,057
-
10c · Land, buildings and equipment, net
beginning of year $4,679,935 · end of year $4,646,453
-
11 · Investments: publicly traded securities
beginning of year $9,457,013 · end of year $8,350,044
-
12 · Investments: other securities
beginning of year $51,240 · end of year $42,329
-
15 · Other assets
beginning of year $12,017 · end of year $12,017
-
17 · Accounts payable and accrued expenses
beginning of year $1,890 · end of year $12,416
-
19 · Deferred revenue
beginning of year $61,938 · end of year $35,878
-
22 · Loans and payables to officers and key people
beginning of year $204,273 · end of year $168,238
-
27 · Net assets without donor restrictions
beginning of year $11,866,104 · end of year $11,665,351
-
28 · Net assets with donor restrictions
beginning of year $2,707,525 · end of year $2,115,783
Mission and programs · 2022
Mission
OUR MISSION IS TO DEVELOP THE PHYSICAL AND EMOTIONAL WELL-BEING OF ALL PEOPLE REGARDLESS OF THEIR INDIVIDUAL CHALLENGES. WE ARE COMMITTED TO PERSONAL GROWTH AND EDUCATION IN AN EQUESTRIAN ENVIRONMENT OF RESPECT, LOVE, AND INCLUSION. THORNCROFT EQUESTRIAN CENTER IS A PREMIER LEADER IN THE FIELD OF THERAPEUTIC HORSEMANSHIP. OUR FARM EMBRACES THE CONTINUING EDUCATION AND DEVELOPMENT OF HIGH QUALITY PROGRAMS AND INSTRUCTION. THORNCROFT BRINGS OUT THE GIFTS AND ABILITIES OF ALL PEOPLE AND HELPS THEM REALIZE THEIR POTENTIAL.
Activities or mission (Part I)
TO DEVELOP THE PHYSICAL AND EMOTIONAL WELL-BEING OF ALL PEOPLE REGARDLESS OF THEIR INDIVIDUAL CHALLENGES. WE ARE COMMITTED TO PERSONAL GROWTH AND EDUCATION IN AN EQUESTRIAN ENVIRONMENT OF RESPECT, LOVE AND INCLUSION.
-
THORNCROFT EQUESTRIAN CENTER IS A PREMIER LEADER IN THE FIELD OF THERAPEUTIC HORSEMANSHIP. OUR FARM EMBRACES THE CONTINUING EDUCATION AND DEVELOPMENT OF HIGH QUALITY PROGRAMS AND INSTRUCTION. THORNCROFT BRINGS OUT THE GIFTS AND ABILITIES OF ALL PEOPLE AND HELPS THEM REALIZE THEIR POTENTIAL.
Expenses $947,671 · Grants $76,850 · Revenue $528,407
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ANDREW GOODMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CRAIG KANDRAVI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
EMILY WELLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JANE ALTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARGARET ROVER ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MARY PARNELL
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
MICHELE HARVEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
MIKE TILLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
RICHARD JOHNSTON
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
SONIA CHURCHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
SUSAN R MURRAY CPA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
TIM RUBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TIM ZUPKO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TREVOR JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TIFFANY MEYER
PRESIDENT
- Total calculated
- $74,616
- From this org
- $67,692
- From related orgs
- $0
- Other
- $6,924
- Hours/week
- 40
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
- 2022
- Filed
- 3 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312769349301241
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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