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Nonprofiteer
← CAROLINA THERAPEUTIC RIDING INC

Form 990 for tax year 2024

Filed by CAROLINA THERAPEUTIC RIDING INC.

Totals

Total revenue
$304,654
Total expenses
$344,399
Contributions and grants received
$261,510
Grants paid
$0
Program service revenue
$80,430
Investment income
$2,936
Other revenue
-$40,222
Total assets, end of year
$983,152
Total liabilities, end of year
$505,509
Net assets or fund balances, end of year
$477,643
Program services expenses (Part IX)
$303,340
Management and general expenses
$41,059
Fundraising expenses
$0
Program service expenses (Part III)
$303,340

Program services were 88.1% 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

    $70,353

  • 1f · All other contributions, gifts and grants

    $191,157

  • 2a · Program service revenue: LESSON AND BOARD REVEN

    total $80,430 · related or exempt $80,430

  • 3 · Investment income

    total $2,136 · excluded $2,136

  • 7a · Gross sales of assets other than inventory

    other assets $2,500

  • 7b · Less cost or other basis and sales expenses

    other assets $1,700

  • 7c · Gain or loss

    other assets $800

  • 7d · Net gain or loss

    total $800 · excluded $800

  • 8a · Fundraising events: gross income

    $16,089

  • 8a · Fundraising events: contributions included on line 1c

    $70,353

  • 8b · Fundraising events: direct expenses

    $56,311

  • 8c · Net income from fundraising events

    total -$40,222 · excluded -$40,222

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $87,874 · program services $87,874

  • 11c · Fees: accounting

    total $2,702 · management and general $2,702

  • 12 · Advertising and promotion

    total $24,101 · program services $24,101

  • 13 · Office expenses

    total $781 · management and general $781

  • 16 · Occupancy

    total $18,829 · program services $18,829

  • 20 · Interest

    total $21,400 · management and general $21,400

  • 22 · Depreciation, depletion and amortization

    total $39,532 · program services $39,532

  • 23 · Insurance

    total $11,581 · program services $176 · management and general $11,405

  • 24a · Other expenses: HORSE CARE

    total $69,575 · program services $69,575

  • 24b · Other expenses: OUTSIDE LABOR

    total $15,955 · program services $15,955

  • 24c · Other expenses: HORSE EQUIPMENT

    total $15,687 · program services $15,687

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $10,111 · program services $10,111

  • 24e · All other expenses

    total $26,271 · program services $21,500 · management and general $4,771

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $232,334 · end of year $100,628

  • 4 · Accounts receivable

    beginning of year $450 · end of year $900

  • 9 · Prepaid expenses and deferred charges

    end of year $4,415

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

    $956,540

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

    $79,331

  • 10c · Land, buildings and equipment, net

    beginning of year $734,113 · end of year $877,209

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,197 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $413,600 · end of year $502,277

  • 25 · Other liabilities

    beginning of year $11,005 · end of year $3,232

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $516,095 · end of year $477,643

Mission and programs · 2024

Mission

CONNECTING HUMANS WITH HORSES TO TRANSFORM LIVES AND BRING HOPE.

  • EQUINE-ASSISTED HEALTH AND WELLNESS IS THE HEARTBEAT OF WHAT WE DO AT HICKORY TOP FARM. CONNECTING WITH HORSES THROUGH GROUNDWORK AND RIDING SUPPORTS ALL FACETS OF WELL-BEING AND EMPOWERS PARTICIPANTS TO GAIN EQUESTRIAN SKILLS WHILE STRENGTHENING PHYSICAL, MENTAL, AND EMOTIONAL HEALTH. EQUINE-ASSISTED SERVICES INCLUDE THERAPEUTIC HORSEMANSHIP, EQUINE-ASSISTED LEARNING AND EQUINE-ASSISTED THERAPY.

    Expenses $303,340 · Revenue $80,430

As filed on the 2024 return.

Listed in Part VII

  • Amanda Malanuk

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    40

  • Ansel Bunch

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Matt Shaffer

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Stacy Stokes

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Tyler Hudson

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jane Suggs

    MEMBER

    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.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202503189349310055

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