Skip to content
Nonprofiteer
← HIGH HOPES THERAPEUTIC RIDING INC

Form 990 for tax year 2023

Filed by HIGH HOPES THERAPEUTIC RIDING INC.

Totals

Total revenue
$1,766,516
Total expenses
$2,272,995
Contributions and grants received
$1,092,356
Grants paid
$0
Program service revenue
$219,072
Investment income
$466,443
Other revenue
-$11,355
Total assets, end of year
$8,291,323
Total liabilities, end of year
$138,087
Net assets or fund balances, end of year
$8,153,236
Program services expenses (Part IX)
$1,432,225
Management and general expenses
$218,212
Fundraising expenses
$622,558
Program service expenses (Part III)
$1,432,225

Program services were 63.0% 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

    $324,376

  • 1f · All other contributions, gifts and grants

    $767,980

  • 1g · Noncash contributions included above

    $36,836

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

    total $219,072 · related or exempt $219,072

  • 3 · Investment income

    total $167,139 · excluded $167,139

  • 7a · Gross sales of assets other than inventory

    securities $830,000

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

    securities $530,696

  • 7c · Gain or loss

    securities $299,304

  • 7d · Net gain or loss

    total $299,304 · excluded $299,304

  • 8a · Fundraising events: gross income

    $154,136

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

    $324,376

  • 8b · Fundraising events: direct expenses

    $179,687

  • 8c · Net income from fundraising events

    total -$25,551 · excluded -$25,551

  • 10a · Gross sales of inventory

    $18,722

  • 10b · Cost of goods sold

    $4,526

  • 10c · Net income from sales of inventory

    total $14,196 · related or exempt $14,196

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $120,346 · program services $82,575 · management and general $13,264 · fundraising $24,507

  • 7 · Other salaries and wages

    total $1,170,149 · program services $802,896 · management and general $128,964 · fundraising $238,289

  • 11c · Fees: accounting

    total $142,761 · program services $66,896 · management and general $28,863 · fundraising $47,002

  • 11f · Fees: investment management

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

  • 13 · Office expenses

    total $178,948 · program services $97,610 · management and general $7,540 · fundraising $73,798

  • 22 · Depreciation, depletion and amortization

    total $82,045 · program services $77,311 · management and general $3,304 · fundraising $1,430

  • 23 · Insurance

    total $28,528 · program services $25,097 · management and general $2,598 · fundraising $833

  • 24a · Other expenses: BAD DEBT

    total $242,947 · program services $9,926 · fundraising $233,021

  • 24b · Other expenses: EQUINE EXPENSES

    total $155,811 · program services $155,811

  • 24c · Other expenses: FACILITIES

    total $97,619 · program services $90,262 · management and general $3,679 · fundraising $3,678

  • 24d · Other expenses: PROGRAM EXPENSES

    total $23,841 · program services $23,841

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $156,121 · end of year $109,397

  • 2 · Savings and temporary cash investments

    beginning of year $11,477 · end of year $11,502

  • 3 · Pledges and grants receivable

    beginning of year $329,751 · end of year $139,090

  • 4 · Accounts receivable

    beginning of year $36,005 · end of year $61,693

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,664 · end of year $8,400

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

    $3,557,963

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

    $2,115,563

  • 10c · Land, buildings and equipment, net

    beginning of year $1,375,998 · end of year $1,442,400

  • 11 · Investments: publicly traded securities

    beginning of year $6,473,249 · end of year $6,518,841

  • 17 · Accounts payable and accrued expenses

    beginning of year $78,600 · end of year $102,766

  • 19 · Deferred revenue

    beginning of year $46,117 · end of year $30,117

  • 24 · Unsecured notes and loans payable

    beginning of year $10,007 · end of year $5,204

  • 27 · Net assets without donor restrictions

    beginning of year $1,427,475 · end of year $2,329,974

  • 28 · Net assets with donor restrictions

    beginning of year $6,823,066 · end of year $5,823,262

Mission and programs · 2023

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 557 PEOPLE; HELD 4,604 EQUINE ASSISTED ACTIVITIES AND THERAPY SESSIONS; UTILIZED 10,535 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 $1,432,225 · Revenue $219,072

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mary Stalsburg

    PAST EXEC. D

    Total calculated
    $100,294
    From this org
    $100,294
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Alison Darrell

    INTERIM EXEC

    Total calculated
    $0
    Hours/week
    40
  • 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
  • John Catlett

    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
  • Landon Potts

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Priya Tandon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Natalie Yonker

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Jacqueline Kangley

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 February 2025
IRS schema version
2023v6.0
Source object
202510499349300621

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.