Civic Intelligence

Akindale Rehabilitation & Land

EIN 20-1822473 • 501(c)3 • Pawling, NY

Profile

Akindale Thoroughbred Rescue is committed to the rescue, rehab and retraining of Thoroughbreds no longer able to race and to provide a safe haven for those unable to go on to new careers.

27 Cox RoadPawling, NY 12564

www.akindale.org

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.10x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

2nd percentile

-225%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

17th percentile

-6.5%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-7.0%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$7,981,454

Down $553,818 (-6.5%) from 2023

Liabilities

Down

$28,284

Down $93,317 (-77%) from 2023

Net Assets

Down

$7,953,170

Down $460,501 (-5.5%) from 2023

Revenue

Down

$285,274

Down $21,567 (-7.0%) from 2023

Expenses

Down

$927,774

Down $354,782 (-28%) from 2023

Net Income

Up

-$642,500

Up $333,215 (+34%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $14,447,680Liabilities 2011: $4,053Net Assets 2011: $14,443,6272011Assets 2012: $13,573,663Liabilities 2012: $4,8742012Assets 2013: $12,670,614Liabilities 2013: $5,2692013Assets 2014: $11,833,953Liabilities 2014: $3,3172014Assets 2016: $9,653,998Liabilities 2016: $0Net Assets 2016: $9,653,9982016Assets 2017: $8,289,683Liabilities 2017: $0Net Assets 2017: $8,289,6832017Assets 2018: $7,895,425Liabilities 2018: $0Net Assets 2018: $7,895,4252018Assets 2020: $11,158,321Liabilities 2020: $0Net Assets 2020: $11,158,3212020Assets 2021: $10,689,491Liabilities 2021: $0Net Assets 2021: $10,689,4912021Assets 2022: $9,622,087Liabilities 2022: $716Net Assets 2022: $9,621,3712022Assets 2023: $8,535,272Liabilities 2023: $121,601Net Assets 2023: $8,413,6712023Assets 2024: $7,981,454Liabilities 2024: $28,284Net Assets 2024: $7,953,1702024

Highlighted filing

2024

Assets$7,981,454
Liabilities$28,284
Net Assets$7,953,170

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,119,2702011Revenue 2012: $115,164Expenses 2012: $1,015,589Net Income 2012: -$900,4252012Revenue 2013: $150,391Expenses 2013: $1,087,558Net Income 2013: -$937,1672013Revenue 2014: $164,056Expenses 2014: $1,048,209Net Income 2014: -$884,1532014Revenue 2016: $615,611Expenses 2016: $1,102,188Net Income 2016: -$486,5772016Revenue 2017: $404,499Expenses 2017: $1,293,484Net Income 2017: -$888,9852017Revenue 2018: $593,605Expenses 2018: $1,240,987Net Income 2018: -$647,3822018Revenue 2020: $544,027Expenses 2020: $1,283,017Net Income 2020: -$738,9902020Revenue 2021: $348,305Expenses 2021: $1,211,751Net Income 2021: -$863,4462021Revenue 2022: $529,708Expenses 2022: $1,211,787Net Income 2022: -$682,0792022Revenue 2023: $306,841Expenses 2023: $1,282,556Net Income 2023: -$975,7152023Revenue 2024: $285,274Expenses 2024: $927,774Net Income 2024: -$642,5002024

Highlighted filing

2024

Revenue$285,274
Expenses$927,774
Net Income-$642,500

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 19, 2025
Return Version
2024v5.2
Gross Receipts
$285,825
Mission and Program Overview

Mission

Akindale Thoroughbred Rescue is committed to the rescue, rehab and retraining of Thoroughbreds no longer able to race and to provide a safe haven for those unable to go on to new careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,782,872$5,582,939▼ $199,933
Cash and Non-Interest-Bearing Accounts$40,379$47,533▲ $7,154
Prepaid Expenses and Deferred Charges$9,848$14,165▲ $4,317
Accounts Receivable$72,902$1,685▼ $71,217
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,535,272$7,981,454▼ $553,818
Other Assets Total$2,629,271$2,335,132▼ $294,139
Liabilities
Deferred Revenue$52,500--
Accounts Payable and Accrued Expenses$69,101$28,284▼ $40,817
Total Liabilities$121,601$28,284▼ $93,317
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,868,582$7,444,536▼ $424,046
Net Assets With Donor Restrictions$545,089$508,634▼ $36,455
Total Net Assets Fund Balance$8,413,671$7,953,170▼ $460,501
Total Liabilities and Net Assets / Fund Balance$8,535,272$7,981,454▼ $553,818

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,412,000-$4,412,000
Buildings$890,015$3,258,591$4,148,606
Leasehold Improvements$262,361$282,024$544,385
Other Land Buildings$-25,138$195,515$170,377
Equipment$43,701$71,864$115,565
Other Assets Org$542,642--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin HamiltonPresident
Jonathan ThorneDirector
Mark ZanderDirector
Monique CostonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$195,938
Program Service Revenue
$0
Investment Income
$44,249
Other Revenue
$45,087
All Other Contributions
$195,938
Change in Net Assets
$-642,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$285,274
Revenue Not Reported on Form 990
$181,999
Total Revenue per Audited Statements
$467,273
Total Revenue per Form 990
$285,274
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$629,793
Salaries, Compensation, and Employee Benefits$297,981
Total Fundraising Expense$4,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$206,180$45,052$4,279$255,511
Depreciation Depletion$223,095$24,788-$247,883
All Other Expenses$39,213$11,535-$50,748
Insurance$44,239$4,916-$49,155
Fees for Services Management-$31,655-$31,655
Payroll Taxes$25,430$3,468-$28,898
Fees for Services Accounting-$24,650-$24,650
Other Expenses$21,318$2,369-$23,687
Other Employee Benefits$11,943$1,629-$13,572
Office Expenses$666$5,997-$6,663
Advertising$4,835$537-$5,372
Fees for Services Legal-$815-$815
Travel$138$15-$153
Total Functional Expenses$762,714$160,781$4,279$927,774

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$927,774
Total Expenses per Audited Statements$927,774
Total Expenses per Form 990$927,774
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$551
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Akindale Rehabilitation & Land
EIN
20-1822473
Phone
8458551262
Address
27 COX ROAD, PAWLING, NY 12564

Signing Officer

Name
Kevin Hamilton
Title
President
Signed
2025-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Hamilton
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
14

Preparer

Firm
Berard & Associates Cpas Pc
Address
44 PARK AVE, SUFFERN, NY 10901
Preparer
Donalee R Berard
Phone
8453575668
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal income tax under Section 501(c) (3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status: to identify and report unrelated income: to determine its filing and tax obligations in jurisdictions for which it has nexus: and to identify and evaluate other matters that may be considered tax positions. The Organization has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BEN INTEREST HELD IN TRUST BY OTHERS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income tax under Section 501(c) (3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status: to identify and report unrelated income: to determine its filing and tax obligations in jurisdictions for which it has nexus: and to identify and evaluate other matters that may be considered tax positions. The Organization has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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