Totals
- Total revenue
- $261,665
- Total expenses
- $154,283
- Contributions and grants received
- $251,783
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,566
- Other revenue
- $5,316
- Total assets, end of year
- $274,369
- Total liabilities, end of year
- $88,636
- Net assets or fund balances, end of year
- $185,733
- Program services expenses (Part IX)
- $141,831
- Management and general expenses
- $12,404
- Fundraising expenses
- $48
- Program service expenses (Part III)
- $141,831
Program services were 91.9% 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.
-
1c · Fundraising events
$11,730
-
1f · All other contributions, gifts and grants
$240,053
-
1g · Noncash contributions included above
$575
-
3 · Investment income
total $4,566 · related or exempt $4,566
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$11,324
-
8a · Fundraising events: contributions included on line 1c
$11,730
-
8b · Fundraising events: direct expenses
$6,008
-
8c · Net income from fundraising events
total $5,316
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $7,574 · program services $3,000 · management and general $4,574
-
12 · Advertising and promotion
total $48 · fundraising $48
-
13 · Office expenses
total $677 · management and general $677
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $6,623 · program services $6,623
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $4,643 · management and general $4,643
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,386 · program services $3,386
-
23 · Insurance
total $906 · management and general $906
-
24a · Other expenses: Medication
total $36,115 · program services $36,115
-
24b · Other expenses: Hay and feed
total $29,437 · program services $29,437
-
24c · Other expenses: Veterinary
total $27,392 · program services $27,392
-
24d · Other expenses: Contractors
total $18,685 · program services $18,685
-
24e · All other expenses
total $18,797 · program services $17,193 · management and general $1,604
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $85,772 · end of year $184,333
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$18,455
-
10b · Land, buildings and equipment: accumulated depreciation
$7,485
-
10c · Land, buildings and equipment, net
beginning of year $4,579 · end of year $10,970
-
11 · Investments: publicly traded securities
beginning of year $68,000 · end of year $79,066
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $80,000 · end of year $88,636
-
27 · Net assets without donor restrictions
beginning of year $78,351 · end of year $185,733
Mission and programs · 2024
Mission
Karuna Horse Rescue rescues horses from cruelty, abandonment, and neglect, most pulled from kill pens bound for slaughter. Our rehabilitation philosophy is horse-centered and nurtures the Horse Within to return to return the animal to a natural state of Liberty and Well-Being. We provide forever sanctuary for the Karuna herd, and the rescued horse become partners in our mission of rehabilitation and sanctuary. They are our primary teachers in what Horses at Liberty means for human beings. Karuna works in the greater community with sanctuaries, animal advocates, forever families and local businesses who share our core belief that horses deserve a compassionate, natural environment and a life with dignity.
-
During 2024, Karuna rescued one horse from neglect. This horse, plus the 21 additional received extensive medical care and rehabilitation, both physical and emotional. The organization accomplishes its mission through the all-volunteer effort of the board of directors and thirty community members. Karuna continues to care for an additional four horses through sponsorship and expense reimbursement at a permanent horse sanctuary in Northern California, where the rescued animals continue in rehabilitation.
Expenses $141,831
As filed on the 2024 return.
Listed in Part VII
-
Paul Kartzer
Director
- Total calculated
- $0
- Hours/week
- 10
-
Candice Kratzer
Director
- Total calculated
- $0
- Hours/week
- 20
-
Carrie Foote
Treasurer
- Total calculated
- $0
- Hours/week
- 5
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
- 4 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503089349304155
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