Form 990 for tax year 2023
Filed by PROMISE RANCH THERAPEUTIC RIDING.
Totals
- Total revenue
- $225,242
- Total expenses
- $601,057
- Contributions and grants received
- $215,304
- Grants paid
- $0
- Program service revenue
- $220,541
- Investment income
- -$222,057
- Other revenue
- $11,454
- Total assets, end of year
- $57,396
- Total liabilities, end of year
- $200,000
- Net assets or fund balances, end of year
- -$142,604
- Program services expenses (Part IX)
- $548,296
- Management and general expenses
- $52,761
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $548,296
Program services were 91.2% 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
$14,699
-
1e · Government grants (contributions)
$77,913
-
1f · All other contributions, gifts and grants
$122,692
-
2a · Program service revenue: Equine Therapy
total $110,914 · related or exempt $110,914
-
2b · Program service revenue: Non Equine Therapy
total $102,224 · related or exempt $102,224
-
2c · Program service revenue: Camp
total $7,403 · related or exempt $7,403
-
3 · Investment income
total $16 · related or exempt $16
-
6a · Gross rents
real property $11,454
-
6c · Rental income or loss
real property $11,454
-
6d · Net rental income or loss
total $11,454 · related or exempt $11,454
-
7a · Gross sales of assets other than inventory
other assets -$222,073
-
7c · Gain or loss
other assets -$222,073
-
7d · Net gain or loss
total -$222,073 · related or exempt -$222,073
-
8a · Fundraising events: contributions included on line 1c
$14,699
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $50,000 · program services $42,500 · management and general $7,500
-
7 · Other salaries and wages
total $203,767 · program services $179,546 · management and general $24,221
-
9 · Other employee benefits
total $6,305 · program services $5,517 · management and general $788
-
10 · Payroll taxes
total $49,282 · program services $43,122 · management and general $6,160
-
11b · Fees: legal
total $5,070 · program services $4,436 · management and general $634
-
11g · Fees: other
total $4,672 · program services $4,672
-
13 · Office expenses
total $6,107 · program services $5,344 · management and general $763
-
14 · Information technology
total $3,095 · program services $2,708 · management and general $387
-
16 · Occupancy
total $23,664 · program services $20,604 · management and general $3,060
-
20 · Interest
total $57,608 · program services $57,608
-
22 · Depreciation, depletion and amortization
total $45,319 · program services $39,654 · management and general $5,665
-
23 · Insurance
total $21,153 · program services $18,509 · management and general $2,644
-
24a · Other expenses: Equine Expenses
total $44,935 · program services $44,935
-
24b · Other expenses: Repairs & Mtn
total $44,041 · program services $44,041
-
24c · Other expenses: Carnival
total $28,524 · program services $28,524
-
24d · Other expenses: Misc
total $7,515 · program services $6,576 · management and general $939
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $135,201 · end of year $35,037
-
2 · Savings and temporary cash investments
beginning of year $22,315 · end of year $7,439
-
10a · Land, buildings and equipment: cost or other basis
$35,385
-
10b · Land, buildings and equipment: accumulated depreciation
$20,465
-
10c · Land, buildings and equipment, net
beginning of year $1,617,849 · end of year $14,920
-
14 · Intangible assets
beginning of year $10,962
-
22 · Loans and payables to officers and key people
beginning of year $250,000 · end of year $200,000
-
23 · Secured mortgages and notes payable
beginning of year $1,299,461
-
25 · Other liabilities
beginning of year $3,655
-
27 · Net assets without donor restrictions
beginning of year $233,211 · end of year -$142,604
Mission and programs · 2023
Mission
Enrich our Community Through Connection and Inclusion
-
Provide equine-assisted activities and outpatient therapies to children and adults.
Expenses $548,296
As filed on the 2023 return.
Listed in Part VII
-
Jamie Mondrow
Executive Director
- Total calculated
- $50,000
- From this org
- $50,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jamie Braune
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Roby Lee
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
Alicia Engebretson
President
- Total calculated
- $0
- Hours/week
- 20
-
Suzanne Opp
Vice President
- Total calculated
- $0
- Hours/week
- 20
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
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349305056
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.