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Nonprofiteer
← THIS OLD HORSE INC

Form 990 for tax year 2022

Filed by THIS OLD HORSE INC.

Totals

Total revenue
$957,025
Total expenses
$1,176,860
Contributions and grants received
$1,003,159
Grants paid
$0
Program service revenue
$17,224
Investment income
-$65,696
Other revenue
$2,338
Total assets, end of year
$2,727,366
Total liabilities, end of year
$2,808,649
Net assets or fund balances, end of year
-$81,283
Program services expenses (Part IX)
$1,100,254
Management and general expenses
$76,606
Fundraising expenses
$0
Program service expenses (Part III)
$1,100,254

Program services were 93.5% 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

    $21,164

  • 1e · Government grants (contributions)

    $32,923

  • 1f · All other contributions, gifts and grants

    $949,072

  • 2a · Program service revenue: BOARDING

    total $17,224 · unrelated business $17,224

  • 3 · Investment income

    total $4 · related or exempt $4

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

    other assets $65,700

  • 7c · Gain or loss

    other assets -$65,700

  • 7d · Net gain or loss

    total -$65,700 · excluded -$65,700

  • 8a · Fundraising events: gross income

    $21,449

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

    $21,164

  • 8b · Fundraising events: direct expenses

    $19,111

  • 8c · Net income from fundraising events

    total $2,338 · unrelated business $2,338

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $269,481 · program services $242,533 · management and general $26,948

  • 10 · Payroll taxes

    total $24,637 · program services $22,173 · management and general $2,464

  • 11c · Fees: accounting

    total $7,314 · program services $7,314

  • 13 · Office expenses

    total $7,081 · management and general $7,081

  • 16 · Occupancy

    total $33,643 · program services $33,643

  • 20 · Interest

    total $58,934 · program services $58,934

  • 22 · Depreciation, depletion and amortization

    total $126,736 · program services $126,736

  • 23 · Insurance

    total $34,753 · program services $16,080 · management and general $18,673

  • 24a · Other expenses: FEED

    total $168,025 · program services $168,025

  • 24b · Other expenses: HAY

    total $110,975 · program services $110,975

  • 24c · Other expenses: FEED

    total $72,013 · program services $72,013

  • 24d · Other expenses: HAY

    total $47,561 · program services $47,561

  • 24e · All other expenses

    total $215,707 · program services $194,267 · management and general $21,440

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $87,991 · end of year $21,416

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

    $3,165,913

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

    $459,963

  • 10c · Land, buildings and equipment, net

    beginning of year $2,889,844 · end of year $2,705,950

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,865 · end of year $7,468

  • 23 · Secured mortgages and notes payable

    beginning of year $2,799,995 · end of year $2,801,181

  • 24 · Unsecured notes and loans payable

    beginning of year $30,423

  • 27 · Net assets without donor restrictions

    beginning of year $138,552 · end of year -$81,283

Mission and programs · 2022

Mission

THIS OLD HORSE, INC., PROVIDES RETIREMENT, RESCUE AND REHABILITATION TO OLDER AND UNWANTED HORSES THAT HAVE HAD A CAREER TO SERVICE HUMANS. THEY CONTINUE TO SERVE AS AMBASSADORS TO THE INCREDIBLE IMPACT OF 'HORSE POWER' BY FACILITATING THE DEVELOPMENT OF HORSEMANSHIP AND BEGINNING RIDING SKILLS TO OLDER AND SPECIAL NEEDS RIDERS.

  • THIS OLD HORSE, INC. PROVIDES SUPPORT FOR HORSES IN TRANSITION THROUGH OUR RESCUE, RETIREMENT, AND REHOMING PROGRAMS. THIS OLD HORSE, INC. MANAGES AND OPERATES 12 BARNS THROUGHOUT THE LARGER ST PAUL / MINNEAPOLIS METROPOLITAN AREA WITH ABOUT 220 HORSES UNDER OUR DIRECT CARE. WE OPERATE A FOSTER HOST NETWORK THAT SUPPORTS ANOTHER 100 HORSES IN MINNESOTA, WISCONSIN AND IOWA. IN 2022, WE WORKED WITH THE MINNESOTA RACING INDUSTRY, PROVIDING DATA AND OUTCOMES THAT WERE INFLUENTIAL IN LEGISLATIVE CHANGES THAT FREED UP NEARLY 2 MILLION IN RACEHORSE AFTERCARE FUNDING AND WE WERE AWARDED 110,000 OF THE 200,000 ALLOCATED IN 2022. WE CONDUCTED A PUBLIC INFORMATION CAMPAIGN ON RACEHORSE AFTERCARE AT BOTH OF THE LOCAL RACETRACKS, APPEARING 27 DIFFERENT TIMES TO SHARE INFORMATION WITH THE PUBLIC FANS. WE COLLABORATED WITH THE UNIVERSITY OF WISCONSIN - RIVER FALLS AND ACHIEVED NATIONAL RECOGNITION FOR A NEW COURSE WITHIN THE EQUINE STUDIES CURRICULUM CALLED RETRAINING RACEHORSES AND SOURCED 12 OFF-TRACK RACEHORSES TO THE CLASS, CONCLUDING WITH A CHARITY ADOPTION AUCTION IN WHICH ALL HORSES WERE ADOPTED. THIS OLD HORSE, INC. HAS BEEN ACCREDITED, AWARDED, AND CERTIFIED BY MANY MAJOR EQUINE WELFARE ORGANIZATIONS, EMPIRICALLY AND OBJECTIVELY DEMONSTRATING OUR HIGH STANDARDS OF EQUINE CARE AND SUPPORT AS WELL AS MANAGEMENT, FISCAL AND ADMINISTRATIVE EXCELLENCE. MOST NOTABLY, WE ARE THE ONLY MINNESOTA ORGANIZATION ACCREDITED BY THE GLOBAL FEDERATION OF ANIMAL SANCTUARIES (GFAS) AND THE THOROUGHBRED AFTERCARE ALLIANCE (TAA). WE WERE ACCREDITED BY THE STANDARDBRED TRANSITION ALLIANCE IN 2021. WE MAINTAINED THE STATUS OF GUARDIAN LEVEL FOR THE EQUUS FOUNDATION. WE ARE AN ASPCA / THE RIGHT HORSE ADOPTION PARTNER. THIS OLD HORSE, INC. HAS A GUIDESTAR PLATINUM TRANSPARENCY RATING AND IS A TOP RATED NONPROFIT FOR GREAT NONPROFITS. THIS OLD HORSE, INC. IS A MEMBER OF THE MN HORSE WELFARE COALITION AND CERTIFIED BY THE MN HORSE COUNCIL. WE WERE NAMED A PURINA BRAND AMBASSADOR IN 2020, THE FIRST NONPROFIT EQUINE WELFARE ORGANIZATION TO BE HONORED IN THIS WAY, TAKING OUR PLACE WITH SOME OF THE MOST ACCOMPLISHED HORSES AND HORSE PROFESSIONALS IN THE WORLD. WE HAVE BEEN AWARDED AND LAUDED AS A NATIONAL MODEL FOR INNOVATION IN EQUINE ADOPTION STRATEGIES. OUR ADOPTION RATES ARE REMARKABLE BY ANY STANDARD AND EXCEPTIONAL CONSIDERING WE ARE SPECIALISTS IN SUPPORTING UNRIDEABLE, SPECIAL NEEDS, AND OLDER HORSES.

    Expenses $1,100,254

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kathleen Amerongen

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    4

  • Julie Fischer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Pat Galles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Ellen Hill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Linda Hughes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kari Markham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Luanne Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mary T Maher PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Thomas Rhode

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    40

  • Patrick Schmidt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • April Starcznski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Brenda Teter

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40

  • Brian Teter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Toni Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Nancy Turner

    PRESIDENT

    Total calculated
    $0
    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
15 October 2023
IRS schema version
2022v5.0
Source object
202322929349300727

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