Civic Intelligence

Windrush Farm Therapeutic Equitation Inc

EIN 04-2476717 • 501(c)3 • North Andover, MA

Profile

The organization provides equine-assisted services, including therapeutic riding and horse related activities for children and adults with special needs and for disadvantaged youth.

479 Lacy StreetNorth Andover, MA 01845-3381

www.windrushfarm.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

31st percentile

-3.4%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

36th percentile

-0.6%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

18th percentile

-15%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$3,411,217

Down $21,401 (-0.6%) from 2024

Liabilities

Down

$196,266

Down $8,741 (-4.3%) from 2024

Net Assets

Down

$3,214,951

Down $12,660 (-0.4%) from 2024

Revenue

Down

$1,385,925

Down $240,823 (-15%) from 2024

Expenses

Up

$1,432,837

Up $76,763 (+5.7%) from 2024

Net Income

Down

-$46,912

Down $317,586 (-117%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,602,078Liabilities 2011: $195,844Net Assets 2011: $2,406,2342011Assets 2012: $2,599,303Liabilities 2012: $183,547Net Assets 2012: $2,415,7562012Assets 2013: $2,486,482Liabilities 2013: $168,583Net Assets 2013: $2,317,8992013Assets 2014: $2,531,264Liabilities 2014: $194,722Net Assets 2014: $2,336,5422014Assets 2015: $2,576,531Liabilities 2015: $213,898Net Assets 2015: $2,362,6332015Assets 2016: $2,506,177Liabilities 2016: $155,455Net Assets 2016: $2,350,7222016Assets 2017: $2,474,688Liabilities 2017: $140,846Net Assets 2017: $2,333,8422017Assets 2018: $2,501,226Liabilities 2018: $149,752Net Assets 2018: $2,351,4742018Assets 2019: $2,563,979Liabilities 2019: $182,220Net Assets 2019: $2,381,7592019Assets 2020: $2,703,774Liabilities 2020: $294,617Net Assets 2020: $2,409,1572020Assets 2021: $2,906,427Liabilities 2021: $351,404Net Assets 2021: $2,555,0232021Assets 2022: $2,849,494Liabilities 2022: $174,936Net Assets 2022: $2,674,5582022Assets 2023: $3,084,134Liabilities 2023: $237,451Net Assets 2023: $2,846,6832023Assets 2024: $3,432,618Liabilities 2024: $205,007Net Assets 2024: $3,227,6112024Assets 2025: $3,411,217Liabilities 2025: $196,266Net Assets 2025: $3,214,9512025

Highlighted filing

2025

Assets$3,411,217
Liabilities$196,266
Net Assets$3,214,951

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $949,3032011Expenses 2012: $952,0942012Revenue 2013: $934,130Expenses 2013: $1,041,056Net Income 2013: -$106,9262013Revenue 2014: $980,799Expenses 2014: $971,460Net Income 2014: $9,3392014Revenue 2015: $1,215,954Expenses 2015: $1,194,273Net Income 2015: $21,6812015Revenue 2016: $1,035,303Expenses 2016: $1,050,207Net Income 2016: -$14,9042016Revenue 2017: $1,116,189Expenses 2017: $1,137,815Net Income 2017: -$21,6262017Revenue 2018: $1,119,797Expenses 2018: $1,111,248Net Income 2018: $8,5492018Revenue 2019: $1,157,612Expenses 2019: $1,127,327Net Income 2019: $30,2852019Revenue 2020: $1,194,555Expenses 2020: $1,167,157Net Income 2020: $27,3982020Revenue 2021: $1,258,770Expenses 2021: $1,136,712Net Income 2021: $122,0582021Revenue 2022: $1,391,130Expenses 2022: $1,224,719Net Income 2022: $166,4112022Revenue 2023: $1,418,256Expenses 2023: $1,299,000Net Income 2023: $119,2562023Revenue 2024: $1,626,748Expenses 2024: $1,356,074Net Income 2024: $270,6742024Revenue 2025: $1,385,925Expenses 2025: $1,432,837Net Income 2025: -$46,9122025

Highlighted filing

2025

Revenue$1,385,925
Expenses$1,432,837
Net Income-$46,912

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.20$3.21$1.39$1.43$0.05
2024Detailed filing. Detailed filing data is available for this year.$3.43$0.21$3.23$1.63$1.36$0.27
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.24$2.85$1.42$1.30$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.17$2.67$1.39$1.22$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.35$2.56$1.26$1.14$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.70$0.29$2.41$1.19$1.17$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.18$2.38$1.16$1.13$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$0.15$2.35$1.12$1.11$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.14$2.33$1.12$1.14$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.16$2.35$1.04$1.05$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.58$0.21$2.36$1.22$1.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.53$0.19$2.34$0.98$0.97$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.17$2.32$0.93$1.04$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.18$2.42$0.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.20$2.41$0.95
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2024 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Aug 20, 2024
Return Version
2023v5.1
Gross Receipts
$1,813,119
Mission and Program Overview

Mission

The organization provides equine

The organization provides equine-assisted services including, therapeutic riding and horse related activities for children and adults with special needs and for disadvantaged youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,651,324$2,012,900▲ $361,576
Investments in Publicly Traded Securities$514,081$602,026▲ $87,945
Savings and Temporary Cash Investments$806,726$601,411▼ $205,315
Prepaid Expenses and Deferred Charges$47,141$75,327▲ $28,186
Pledges and Grants Receivable$4,000$74,000▲ $70,000
Cash and Non-Interest-Bearing Accounts$60,862$61,909▲ $1,047
Accounts Receivable-$5,045-
Total Assets$3,084,134$3,432,618▲ $348,484
Liabilities
Accounts Payable and Accrued Expenses$81,481$79,017▼ $2,464
Deferred Revenue$103,970$77,990▼ $25,980
Other Liabilities$52,000$48,000▼ $4,000
Total Liabilities$237,451$205,007▼ $32,444
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,721,360$2,905,341▲ $183,981
Net Assets With Donor Restrictions$125,323$322,270▲ $196,947
Total Net Assets Fund Balance$2,846,683$3,227,611▲ $380,928
Total Liabilities and Net Assets / Fund Balance$3,084,134$3,432,618▲ $348,484

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$927,118$456,376$1,383,494
Buildings$261,710$998,436$1,260,146
Land$733,800-$733,800
Equipment$90,272$238,021$328,293

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,123,803-▲ $226,635$13,559$1,336,879
2022$1,046,440-▲ $89,541$12,178$1,123,803
2021$1,211,757-▼ $151,948$13,369$1,046,440
2020$959,017-▲ $264,615$11,875$1,211,757
2019$943,177-▲ $60,757$10,917$959,017
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet NittmannChief Executive OfficerFT$123,830-$123,830
Josselyn B ShaughnessyChief Operating OfficerFT$83,515$17,909$101,424

Board Members and Trustees

NameTitle
Alison VaillPresident
Benjamin NutterVice President
Brad HildtDirector
Camilla RichDirector
Charles J Kittredge JrDirector
Dave DishawDirector
Jennifer Mahoney-golandDirector
Mandy HoganDirector
Mary RimmerDirector
Robert GoreDirector
Robin BosticDirector
Tim MurrayDirector
Emer MccourtDirecotr
John AdamsSecretary
Janet SchicklingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,124,984
Program Service Revenue
$323,715
Investment Income
$27,993
Other Revenue
$150,056
All Other Contributions
$1,124,984
Change in Net Assets
$270,674

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7$374,817Fair Market Value (FMV) of Traded Stock
Other Non Cash Contri Table5$14,925-
Other Non Cash Contri Table1$2,500-
Total Noncash Contributions13$392,242-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,623,213
Revenue Not Reported on Financial Statements
$3,535
Revenue Not Reported on Form 990
$178,857
Total Revenue per Audited Statements
$1,802,070
Total Revenue per Form 990
$1,626,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$842,907
Other Expenses$513,167
Total Fundraising Expense$79,417
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$495,143$14,651$13,809$523,603
Current Officers, Directors, Trustees, and Key Employees$125,218$48,529$51,507$225,254
Depreciation Depletion$115,299$0$0$115,299
All Other Expenses$55,984$246$258$56,488
Payroll Taxes$46,625$4,730$4,964$56,319
Insurance$44,004$173$181$44,358
Office Expenses$32,937$3,341$3,506$39,784
Other Employee Benefits$30,840$2,882$4,009$37,731
Other Expenses$19,218$1,128$1,183$21,529
Fees for Services Accounting$0$16,519$0$16,519
Fees for Service Investment Mgmnt Fees$0$3,535$0$3,535
Total Functional Expenses$1,180,923$95,734$79,417$1,356,074

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,421,142
Total Expenses per Form 990$1,356,074
Expenses per Audited Statements$1,352,539
Expenses Not Reported on Form 990$68,603
Expenses Not Reported on Financial Statements$3,535
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$218,659
Fundraising Direct Expenses$68,603
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$218,659$218,659$5,834$212,825
Total Events$218,659$218,659$57,021$161,638
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Wfte Endowment Trust$48,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Windrush Farm Therapeutic Equitation Inc
EIN
04-2476717
Phone
9786827855
Address
479 LACY STREET, NORTH ANDOVER, MA 01845-3381

Signing Officer

Name
Alison Vaill
Title
President
Phone
9786827855
Signed
2024-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alison Vaill
Formed
1977
Legal Domicile
Ma
Voting Board Members
15
Independent Board Members
15
Employees
25
Volunteers
480

Preparer

Firm
Bernard Johnson & Company Pc
Address
15 MAIN STREET, TOPSFIELD, MA 01983
Preparer
Julie A Couto CPA
Phone
9788872220
Supplemental Narrative

Additional Explanations

Pt VI, Line 15B

The chief financial officer and chief executive officer review the form before filing

Pt VI, Line 12C

Board periodically reviews interest that could give rise to conflicts

Pt VI, Line 15B

The board reviews and votes on compensation

Pt VI, Line 18

Information is available upon request and online at www.guidestar.org

Pt VI, Line 15A

The board reviews and votes on compensation for the ceo

Pt VI, Line 19

Information is available upon request

Pt VI, Line 11B

Finance committee reviews the tax return and shares the return with the full board of directors

Financial Statement Notes

Pt XI, Line 2D

Direct expenses for special events

Pt XII, Line 2D

Direct expenses for special events

Pt V, Line 4

To provide support for the organization at the discretion of the board of trustees

Raw XML AppendixShowing 400 of 663 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/BooksInCareOfDetail/PhoneNum09786827855
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0479 LACY STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORTH ANDOVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001845
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IRS990/CreditCounselingInd0false
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01626748
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt0103970
IRS990/DeferredRevenueGrp/EOYAmt077990
IRS990/DelegationOfMgmtDutiesInd0false
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IRS990/DepreciationDepletionGrp/ProgramServicesAmt0115299
IRS990/DepreciationDepletionGrp/TotalAmt0115299
IRS990/Desc0EACH YEAR WINDRUSH FARM PROVIDES EFFECTIVE, INNOVATIVE EQUINE-ASSISTED SERVICES TO CHILDREN, ADULTS AND THEIR FAMILIES.
IRS990/DescribedInSection501c3Ind0true
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IRS990/EmployeeCnt025
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IRS990/Form990PartVIISectionAGrp/PersonNm3ALISON VAILL
IRS990/Form990PartVIISectionAGrp/PersonNm4BENJAMIN NUTTER
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IRS990/Form990PartVIISectionAGrp/PersonNm11Tim Murray
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