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Nonprofiteer
← LOUDOUN THERAPEUTIC RIDING FOUNDATION INC

Form 990 for tax year 2024

Filed by LOUDOUN THERAPEUTIC RIDING FOUNDATION INC.

Totals

Total revenue
$982,104
Total expenses
$788,331
Contributions and grants received
$725,301
Grants paid
$0
Program service revenue
$219,317
Investment income
$14,781
Other revenue
$22,705
Total assets, end of year
$2,046,630
Total liabilities, end of year
$1,074,496
Net assets or fund balances, end of year
$972,134
Program services expenses (Part IX)
$605,054
Management and general expenses
$93,086
Fundraising expenses
$90,191
Program service expenses (Part III)
$605,054

Program services were 76.8% 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

    $277,297

  • 1f · All other contributions, gifts and grants

    $448,004

  • 1g · Noncash contributions included above

    $31,708

  • 2a · Program service revenue: THERAPEUTIC/EDUCATION

    total $219,317 · related or exempt $219,317

  • 3 · Investment income

    total $53 · excluded $53

  • 6a · Gross rents

    real property $21,600

  • 6b · Less rental expenses

    real property $1,123

  • 6c · Rental income or loss

    real property $20,477

  • 6d · Net rental income or loss

    total $20,477 · unrelated business $20,477

  • 7a · Gross sales of assets other than inventory

    other assets $21,248

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

    other assets $6,520

  • 7c · Gain or loss

    other assets $14,728

  • 7d · Net gain or loss

    total $14,728 · excluded $14,728

  • 8a · Fundraising events: gross income

    $162,356

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

    $277,297

  • 8b · Fundraising events: direct expenses

    $162,356

  • 11a · Other revenue: OTHER INCOME

    total $2,228 · excluded $2,228

  • 11e · Other revenue, total

    $2,228

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $55,661 · program services $13,915 · management and general $13,915 · fundraising $27,831

  • 7 · Other salaries and wages

    total $347,891 · program services $283,909 · management and general $31,703 · fundraising $32,279

  • 9 · Other employee benefits

    total $41,646 · program services $30,735 · management and general $4,708 · fundraising $6,203

  • 10 · Payroll taxes

    total $27,602 · program services $20,371 · management and general $3,120 · fundraising $4,111

  • 11a · Fees: management

    total $13,717 · program services $8,692 · management and general $3,517 · fundraising $1,508

  • 11c · Fees: accounting

    total $23,452 · management and general $23,452

  • 11g · Fees: other

    total $1,552 · program services $52 · management and general $1,500

  • 13 · Office expenses

    total $10,661 · program services $2,005 · management and general $2,428 · fundraising $6,228

  • 16 · Occupancy

    total $10,249 · program services $7,825 · management and general $1,126 · fundraising $1,298

  • 17 · Travel

    total $4,593 · program services $2,685 · management and general $1,088 · fundraising $820

  • 20 · Interest

    total $42,798 · program services $42,088 · management and general $327 · fundraising $383

  • 22 · Depreciation, depletion and amortization

    total $47,675 · program services $46,883 · management and general $365 · fundraising $427

  • 23 · Insurance

    total $22,207 · program services $19,468 · management and general $2,464 · fundraising $275

  • 24a · Other expenses: HORSE CARE

    total $78,360 · program services $78,360

  • 24b · Other expenses: OUTREACH

    total $16,927 · program services $11,709 · management and general $610 · fundraising $4,608

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $12,370 · program services $11,284 · management and general $504 · fundraising $582

  • 24d · Other expenses: PROGRAM COSTS

    total $8,832 · program services $8,832

  • 24e · All other expenses

    total $22,138 · program services $16,241 · management and general $2,259 · fundraising $3,638

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $139,853 · end of year $326,230

  • 2 · Savings and temporary cash investments

    beginning of year $10,062 · end of year $115

  • 3 · Pledges and grants receivable

    end of year $11,526

  • 4 · Accounts receivable

    beginning of year $7,298 · end of year $6,594

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,850 · end of year $15,637

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

    $1,882,852

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

    $206,241

  • 10c · Land, buildings and equipment, net

    beginning of year $1,650,746 · end of year $1,676,611

  • 15 · Other assets

    end of year $9,917

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,368 · end of year $64,130

  • 19 · Deferred revenue

    beginning of year $1,800 · end of year $12,543

  • 23 · Secured mortgages and notes payable

    beginning of year $1,023,397 · end of year $996,023

  • 25 · Other liabilities

    beginning of year $1,800 · end of year $1,800

  • 27 · Net assets without donor restrictions

    beginning of year $749,592 · end of year $931,335

  • 28 · Net assets with donor restrictions

    beginning of year $28,852 · end of year $40,799

Mission and programs · 2024

Mission

TO IMPROVE AND EMPOWER THE LIVES OF PEOPLE WITH COGNITIVE, EMOTIONAL AND PHYSICAL DISABILITIES THROUGH THE BENEFITS OF HORSEBACK RIDING AND OTHER EQUINE ASSISTED ACTIVITIES AND THERAPIES.

  • THERAPEUTIC RIDING AND EQUINE ASSISTED ACTIVITIES PROVIDE BENEFITS FOR OVERALL HEALTH OF INDIVIDUALS WITH COGNITIVE, PHYSICAL, AND EMOTIONAL DISABILITIES, INCLUDING IMPROVED POSTURE, CONCENTRATION, AND A GENERAL SENSE OF WELL-BEING

    Expenses $605,054 · Revenue $219,317

  • EDUCATIONAL PROGRAMS ARE DESIGNED TO INCREASE THE KNOWLEDGE OF INDIVIDUAL IN A DIRECT WORKING RELATIONSHIP WITH CLIENTS PARTICIPATING IN EQUINE ASSISTED ACTIVITIES AND THERAPIES

  • EQUINE SERVICES FOR HEROES PROGRAM: HELPS VETERANS AND FIRST RESPONDERS AT NO CHARGE TO THEM. 15-20% OF PARTICIPANTS ARE VETERANS STRUGGLING WITH ANXIETY AND PTSD. 80% OF OUR SERVICES HELP CHILDREN AND ADULTS WITH SPECIAL NEEDS SUCH AS AUTISM, CEREBRAL PALSY, MUSCULAR DYSTROPHY, MULTIPLE SCLEROSIS, AND STOKE VICTIMS. ADDITIONAL GROUP EQUINE ASSISTED LEARNING SERVICES ARE PROVIDED TO SENIORS IN MEMORY CARE THROUGH OUR SILVER SPURS PROGRAM AND SPECIAL PROGRAMMING FOR YOUTH WITH PSYCHOLOGICAL AND EMOTIONAL CHALLENGES. OUR PROGRAMS INCLUDE THERAPEUTIC (ADAPTIVE RIDING), THERAPEUTIC (ADAPTIVE) DRIVING, AND EQUINE-ASSISTED LEARNING (GROUND BASED)--ALL OF THESE SERVICES COMPRISE EQUINE-ASSISTED SERVICES.

As filed on the 2024 return.

Listed in Part VII

  • Laura Smith

    EXECUTIVE DI

    Total calculated
    $64,916
    From this org
    $55,661
    From related orgs
    $0
    Other
    $9,255
    Hours/week
    40

  • Chris Walton

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Brian Legan

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Giusti

    TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • Rachel Colquitt

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Susan McMunn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Magnus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rick Crowe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Scott Fuller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Reggie Howard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Karen Rarick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alicia Slook

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
2024v5.0
Source object
202543219349311179

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