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Nonprofiteer
← HIGH HOPES THERAPEUTIC RIDING INC

Form 990 for tax year 2024

Filed by HIGH HOPES THERAPEUTIC RIDING INC.

Totals

Total revenue
$1,849,911
Total expenses
$2,307,231
Contributions and grants received
$1,386,737
Grants paid
$0
Program service revenue
$126,542
Investment income
$462,644
Other revenue
-$126,012
Total assets, end of year
$8,199,362
Total liabilities, end of year
$155,891
Net assets or fund balances, end of year
$8,043,471
Program services expenses (Part IX)
$1,623,714
Management and general expenses
$208,124
Fundraising expenses
$475,393
Program service expenses (Part III)
$1,623,714

Program services were 70.4% 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

    $452,787

  • 1f · All other contributions, gifts and grants

    $933,950

  • 1g · Noncash contributions included above

    $68,413

  • 2a · Program service revenue: FEES FOR EQUESTRIAN SERVICES

    total $126,542 · related or exempt $126,542

  • 3 · Investment income

    total $154,960 · excluded $154,960

  • 7a · Gross sales of assets other than inventory

    securities $1,008,035

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

    securities $690,231 · other assets $10,120

  • 7c · Gain or loss

    securities $317,804 · other assets -$10,120

  • 7d · Net gain or loss

    total $307,684 · related or exempt -$10,120 · excluded $317,804

  • 8a · Fundraising events: gross income

    $66,106

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

    $452,787

  • 8b · Fundraising events: direct expenses

    $201,015

  • 8c · Net income from fundraising events

    total -$134,909 · excluded -$134,909

  • 10a · Gross sales of inventory

    $12,538

  • 10b · Cost of goods sold

    $3,641

  • 10c · Net income from sales of inventory

    total $8,897 · related or exempt $8,897

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $121,962 · program services $84,097 · management and general $10,814 · fundraising $27,051

  • 6 · Compensation of disqualified persons

    total $53,359 · program services $36,793 · management and general $4,731 · fundraising $11,835

  • 7 · Other salaries and wages

    total $1,278,266 · program services $881,406 · management and general $113,338 · fundraising $283,522

  • 11c · Fees: accounting

    total $26,475 · management and general $26,475

  • 11f · Fees: investment management

    total $30,000 · management and general $30,000

  • 11g · Fees: other

    total $149,870 · program services $92,673 · management and general $6,500 · fundraising $50,697

  • 13 · Office expenses

    total $197,181 · program services $101,282 · management and general $6,923 · fundraising $88,976

  • 22 · Depreciation, depletion and amortization

    total $84,390 · program services $81,296 · management and general $1,547 · fundraising $1,547

  • 23 · Insurance

    total $32,236 · program services $27,459 · management and general $3,568 · fundraising $1,209

  • 24a · Other expenses: EQUINE EXPENSES

    total $174,820 · program services $174,820

  • 24b · Other expenses: FACILITIES

    total $106,399 · program services $98,180 · management and general $4,228 · fundraising $3,991

  • 24c · Other expenses: BAD DEBT

    total $37,918 · program services $31,353 · fundraising $6,565

  • 24d · Other expenses: PROGRAM EXPENSES

    total $14,355 · program services $14,355

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $109,397 · end of year $167,837

  • 2 · Savings and temporary cash investments

    beginning of year $11,502 · end of year $22,841

  • 3 · Pledges and grants receivable

    beginning of year $139,090 · end of year $152,434

  • 4 · Accounts receivable

    beginning of year $61,693 · end of year $18,721

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,400

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

    $3,667,387

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

    $2,161,716

  • 10c · Land, buildings and equipment, net

    beginning of year $1,442,400 · end of year $1,505,671

  • 11 · Investments: publicly traded securities

    beginning of year $6,518,841 · end of year $6,331,858

  • 17 · Accounts payable and accrued expenses

    beginning of year $102,766 · end of year $136,309

  • 19 · Deferred revenue

    beginning of year $30,117 · end of year $19,182

  • 24 · Unsecured notes and loans payable

    beginning of year $5,204 · end of year $400

  • 27 · Net assets without donor restrictions

    beginning of year $2,329,974 · end of year $1,957,764

  • 28 · Net assets with donor restrictions

    beginning of year $5,823,262 · end of year $6,085,707

Mission and programs · 2024

Mission

HIGH HOPES THERAPEUTIC RIDING, INC. (HIGH HOPES) IS A NONPROFIT CHARITABLE ORGANIZATION IN CONNECTICUT WHOSE MISSION IS FOSTER A VIBRANT COMMUNITY WHERE HORSE AND HUMAN INTERACTIONS IMPROVE LIVES. HIGH HOPES IS COMMITTED TO PROVIDING EFFICIENT, SAFE, INNOVATIVE AND PROFESSIONAL THERAPEUTIC RIDING PROGRAMS TO INDIVIDUALS WITH DISABILITIES OF ALL AGES. HIGH HOPES WAS FOUNDED ON THE BELIEF THAT EXPERIENCING AND RIDING HORSES IN A SECURE, CHALLENGING AND COMPANIONABLE ENVIRONMENT WILL ACHIEVE THIS OBJECTIVE. THE FOCUS IS ON EACH PARTICIPANTS NEED TO ACHIEVE MEANINGFUL GAINS IN BALANCE, COORDINATION, STRENGTH, CONFIDENCE AND SELF-RESPECT.

  • 1. OVER THE COURSE OF THE YEAR, HIGH HOPES SERVED 361 PEOPLE; HELD 4,957 EQUINE ASSISTED ACTIVITIES AND THERAPY SESSIONS; UTILIZED 7,921 VOLUNTEER HOURS AND PROVIDED FINANCIAL ASSISTANCE TO 100% OF OUR RIDERS. 2. EQUINE ASSISTED SERVICES - 100% OF OUR THERAPEUTIC HORSEMANSHIP PARTICIPANTS RECEIVED FINANCIAL ASSISTANCE; EVEN WITH THE INCREASE IN DEMAND HIGH HOPES CONTINUES TO BE ABLE TO PROVIDE THIS NECESSARY FINANCIAL ASSISTANCE. 3. HIGH HOPES CONTINUES TO PROVIDE ITS NECESSARY SERVICES TO PARTICIPANTS REGARDLESS OF AGE OR DISABILITY, INCLUDING BUT NOT LIMITED TO OUR PARKINSONS PROGRAM, HORSEMANSHIP AND THERAPEUTIC RIDING, VETERANS AND SUMMER CAMP PROGRAMS. ALL PROGRAMS PROVIDE FINANCIAL ASSISTANCE UP TO 100%.

    Expenses $1,623,714 · Revenue $126,542

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Melissa Lamont

    EXECUTIVE DI

    Total calculated
    $106,095
    From this org
    $106,095
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Alison Darrell

    FORMER INTER

    Total calculated
    $67,008
    From this org
    $67,008
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $67,008
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $67,008
  • Mary Stalsburg

    FORMER EXEC.

    Total calculated
    $53,359
    From this org
    $53,359
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $53,359
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $53,359
  • Maris Wacs

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gregory Varga

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Todd Machnik

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mark Fader

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sarah Kitchings Keenan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Beth Garrity

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Wendy Visgilio

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Chris Berger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Liz Doering

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Margaret Mummert

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Priya Tandon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Barbara Willkens

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Natalie Yonker

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Landon Potts

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Sarah Hill Canning

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Gary Rogers

    VICE CHAIR,

    Total calculated
    $0
    Hours/week
    1
  • Peter Watt

    CHAIR

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4
MARY STALSBURG 53,359 0 0

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
27 March 2026
IRS schema version
2024v5.0
Source object
202620879349300317

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