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Nonprofiteer
← SADDLEBRED RESCUE INC

Form 990 for tax year 2022

Filed by SADDLEBRED RESCUE INC.

Totals

Total revenue
$762,212
Total expenses
$751,850
Contributions and grants received
$693,657
Grants paid
$0
Program service revenue
$37,936
Investment income
$0
Other revenue
$30,619
Total assets, end of year
$150,301
Total liabilities, end of year
$210,162
Net assets or fund balances, end of year
-$59,861
Program services expenses (Part IX)
$700,758
Management and general expenses
$51,092
Fundraising expenses
$0
Program service expenses (Part III)
$700,758

Program services were 93.2% 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.

  • 1f · All other contributions, gifts and grants

    $693,657

  • 2a · Program service revenue: ADOPTION AND LEASE INC

    total $37,936 · related or exempt $37,936

  • 8a · Fundraising events: gross income

    $41,296

  • 8b · Fundraising events: direct expenses

    $10,677

  • 8c · Net income from fundraising events

    total $30,619 · excluded $30,619

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $38,834 · program services $25,889 · management and general $12,945

  • 11b · Fees: legal

    total $548 · management and general $548

  • 11c · Fees: accounting

    total $4,263 · management and general $4,263

  • 11g · Fees: other

    total $45,286 · program services $45,286

  • 12 · Advertising and promotion

    total $16,446 · program services $16,446

  • 13 · Office expenses

    total $22,268 · management and general $22,268

  • 16 · Occupancy

    total $22,274 · program services $22,274

  • 17 · Travel

    total $12,395 · program services $12,395

  • 19 · Conferences, conventions and meetings

    total $1,984 · program services $1,984

  • 20 · Interest

    total $8,204 · management and general $8,204

  • 22 · Depreciation, depletion and amortization

    total $7,747 · program services $7,747

  • 23 · Insurance

    total $8,365 · program services $8,365

  • 24a · Other expenses: HORSE GROOMING EXPENSE

    total $163,507 · program services $163,507

  • 24b · Other expenses: EQUIPMENT REPAIR

    total $109,022 · program services $109,022

  • 24c · Other expenses: HAY EXPENSE

    total $68,008 · program services $68,008

  • 24d · Other expenses: HORSE SHAVINGS

    total $61,892 · program services $61,892

  • 24e · All other expenses

    total $160,807 · program services $157,943 · management and general $2,864

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100,827 · end of year $111,021

  • 2 · Savings and temporary cash investments

    beginning of year $20 · end of year $20

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

    $119,299

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

    $80,039

  • 10c · Land, buildings and equipment, net

    beginning of year $39,007 · end of year $39,260

  • 22 · Loans and payables to officers and key people

    beginning of year $50,000 · end of year $50,000

  • 25 · Other liabilities

    beginning of year $160,077 · end of year $160,162

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$70,223 · end of year -$59,861

Mission and programs · 2022

Mission

SADDLEBRED RESCUE, INC. (SBR) IS A 501 (C) (3) ORGANIZATION WHICH EXISTS TO SAVE UNWANTED HORSES FROM SLAUGHTER AND RETURN THEM TO USEFUL, PRODUCTIVE LIVES, AND TO EDUCATE THE PUBLIC ON CONCERNS FACING THE SADDLE SEAT BREEDS. SBR IS UNIQUE AS MANY OF OUR VOLUNTEERS ARE PROFESSIONAL HORSEMEN.

Activities or mission (Part I)

TO EDUCATE THE PUBLIC REGARDING THE PLIGHT OF UNWANTED HORSES AND THOSE THAT GO TO SLAUGHTER.

  • HORSE RESCUE, REHAB AND ADOPTION - SBR WORKS WITH ABOUT 100 HORSES EACH YEAR. SINCE 2006, WE HAVE TAKEN IN AND HELPED ABOUT 2,500 HORSES WITH THE VAST MAJORITY ADOPTED OUT TO APPROVED NEW HOMES ACROSS THE COUNTRY. MOST OF THE HORSES WE HELP, WE PURCHASE FROM AUCTIONS WHERE THE HORSES WERE BEING FACED WITH SLAUGHTER AS THEIR ONLY OPTION. OVER OUR HISTORY, WE HAVE A VERY GOOD TRACK RECORD TO REHAB THE HORSES BACK TO HEALTH AND PLACE THEM SUCCESSFULLY VIA ADOPTION. WE GIVE THESE HORSES OUR PLEDGE THAT IF EVER THEIR NEW FAMILY CAN NO LONGER CARE FOR THEM, FOR ANY REASON, THEY MUST BE RETURNED TO OUR REHAB FACILITY. EACH YEAR WE HAVE RETURNED TO US 10-20 HORSES, WHICH IS A SMALL PERCENTAGE OF PLACED HORSES, BUT THIS PLEDGE DOES ADD COST TO OUR OPERATIONS AS WE HAVE TO BOARD AND RE-EVALUATE EACH ONE FOR REPLACEMENT IF POSSIBLE. WE BELIEVE THE ADDED COST IS WELL WORTH IT. ALL OF THE HORSES WE HELP ARE HOUSED AT ONE LOCATION, THE REHAB FACILITY IN NEW JERSEY. WE DO NOT FOSTER OUT HORSES WHICH COULD REDUCE COSTS AS WE DO THINK THAT IS IN THE HORSE'S BEST INTEREST. MOST FOSTER STRUCTURES FOR RESCUES THAT GO THAT DIRECTION OFTEN DO NOT WORK LONG TERM. OUR STAFF AND VOLUNTEERS TAKE THE FULL AND CONSISTENT CARE OF ALL THE HORSES THAT COME THROUGH OUR PROGRAM.

    Expenses $700,758 · Revenue $37,936

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

Listed in Part VII

  • Sharon Ellingwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cheri Vaillancour

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Owen Weaver

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Laura Scott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Mark McCracken

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Nealia McCracken

    VICE PRESIDENT

    Total calculated
    $61,108
    From this org
    $61,108
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • Joan Booth

    SECRETARY

    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
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202303199349305750

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