Civic Intelligence

Professional Association of Therapeutic Horsemanship Inernational

990 • Fiscal year 2025 • EIN 23-7169769

Jul 01, 2024 to Jun 30, 2025 • Filed on Jan 27, 2026

8670 Wolff CT 210Westminster, CO 80031

(303) 452-1212

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.31x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.29x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

31st percentile

-2.4%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

88th percentile

$176,507

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

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

Asset Growth

24th percentile

-3.6%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

18th percentile

-12%

Faster revenue growth than 18% of similar nonprofits.

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

Assets

Down

$3,098,776

Down $115,305 (-3.6%) from 2024

Net Assets

Down

$2,149,519

Down $75,252 (-3.4%) from 2024

Liabilities

Down

$949,257

Down $40,053 (-4.0%) from 2024

Revenue

Down

$3,280,429

Down $465,920 (-12%) from 2024

Expenses

Up

$3,359,555

Up $401,438 (+14%) from 2024

Net Income

Down

-$79,126

Down $867,358 (-110%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $840,015Liabilities 2010: $587,776Net Assets 2010: $252,2392010Assets 2013: $968,155Liabilities 2013: $854,303Net Assets 2013: $113,8522013Assets 2014: $1,003,479Liabilities 2014: $844,335Net Assets 2014: $159,1442014Assets 2015: $953,106Liabilities 2015: $754,965Net Assets 2015: $198,1412015Assets 2016: $1,240,785Liabilities 2016: $790,673Net Assets 2016: $450,1122016Assets 2018: $1,794,716Liabilities 2018: $874,100Net Assets 2018: $920,6162018Assets 2020: $1,976,775Liabilities 2020: $929,795Net Assets 2020: $1,046,9802020Assets 2021: $2,188,884Liabilities 2021: $954,771Net Assets 2021: $1,234,1132021Assets 2022: $2,683,906Liabilities 2022: $1,150,385Net Assets 2022: $1,533,5212022Assets 2024: $3,214,081Liabilities 2024: $989,310Net Assets 2024: $2,224,7712024Assets 2025: $3,098,776Liabilities 2025: $949,257Net Assets 2025: $2,149,5192025

Highlighted filing

2025

Assets$3,098,776
Liabilities$949,257
Net Assets$2,149,519

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,750,4682010Expenses 2013: $2,122,3482013Revenue 2014: $2,424,859Expenses 2014: $2,379,567Net Income 2014: $45,2922014Revenue 2015: $2,544,681Expenses 2015: $2,505,684Net Income 2015: $38,9972015Revenue 2016: $2,774,318Expenses 2016: $2,522,347Net Income 2016: $251,9712016Revenue 2018: $2,802,938Expenses 2018: $2,619,589Net Income 2018: $183,3492018Revenue 2020: $2,827,086Expenses 2020: $2,739,951Net Income 2020: $87,1352020Revenue 2021: $2,426,821Expenses 2021: $2,239,688Net Income 2021: $187,1332021Revenue 2022: $2,610,580Expenses 2022: $2,286,692Net Income 2022: $323,8882022Revenue 2024: $3,746,349Expenses 2024: $2,958,117Net Income 2024: $788,2322024Revenue 2025: $3,280,429Expenses 2025: $3,359,555Net Income 2025: -$79,1262025

Highlighted filing

2025

Revenue$3,280,429
Expenses$3,359,555
Net Income-$79,126
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 27, 2026
Return Version
2024v5.5
Gross Receipts
$3,288,681
Mission and Program Overview

Mission

We advance professional equine-assisted services by empowering our members, credentialed professionals, partners and the public through rigorously developed standards, credentials and education that recognize the power of the equine-human relationship.

We lead the advancement of professional equine-assisted services by supporting our members and stakeholders through rigorously developed standards, credentialing, and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,503,307$941,602▼ $561,705
Investments in Publicly Traded Securities-$755,518-
Investments Other Securities$500,000$500,000→ $0
Pledges and Grants Receivable$549,590$310,191▼ $239,399
Prepaid Expenses and Deferred Charges$183,882$188,942▲ $5,060
Intangible Assets$101,644$101,644→ $0
Land, Buildings, and Equipment, Net$98,186$71,627▼ $26,559
Accounts Receivable$8,900$23,440▲ $14,540
Inventories for Sale or Use$18,638$10,385▼ $8,253
Total Assets$3,214,081$3,098,776▼ $115,305
Other Assets Total$249,934$195,427▼ $54,507
Liabilities
Deferred Revenue$584,090$603,801▲ $19,711
Other Liabilities$257,228$200,018▼ $57,210
Accounts Payable and Accrued Expenses$136,297$114,538▼ $21,759
Grants Payable$11,695$30,900▲ $19,205
Total Liabilities$989,310$949,257▼ $40,053
Net Assets / Fund Balance
Net Assets With Donor Restrictions$932,720$1,181,895▲ $249,175
Net Assets Without Donor Restrictions$1,292,051$967,624▼ $324,427
Total Net Assets Fund Balance$2,224,771$2,149,519▼ $75,252
Total Liabilities and Net Assets / Fund Balance$3,214,081$3,098,776▼ $115,305

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$52,396$331,604$384,000
Equipment$19,231$66,797$86,028
Other Assets Org$7,707--
Other Securities$500,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$500,000---$500,000
2023$500,000---$500,000
2022-$500,000--$500,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathy AlmCEOFT$169,420$7,087$169,420

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,085,807
Program Service Revenue
$1,898,143
Investment Income
$78,432
Other Revenue
$218,047
All Other Contributions
$1,085,807
Change in Net Assets
$-79,126

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,280,429
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,280,429
Total Revenue per Form 990
$3,280,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,680,977
Other Expenses$1,122,373
Grants and Similar Amounts Paid$556,205
Total Fundraising Expense$18,829
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,011,301$164,823$4,998$1,181,122
Grants to Domestic Orgs$556,205--$556,205
Fees for Services Other$240,576$125,042$1,460$367,078
Current Officers, Directors, Trustees, and Key Employees$145,061$23,642$717$169,420
Information Technology$98,187$58,398$2,374$158,959
Other Employee Benefits$136,875$20,133$1,342$158,350
Payroll Taxes$126,360$19,581$1,305$147,246
Occupancy$70,121$15,777$1,753$87,651
All Other Expenses$40,772$6,267$671$47,710
Travel$46,225$1,008-$47,233
Conferences and Meetings$38,213$1,754$34$40,001
Depreciation Depletion$25,221$6,725$1,681$33,627
Fees for Services Accounting$19,316$10,040$117$29,473
Other Expenses$8,869$16,121$46$25,036
Pension Plan Contributions$21,470$3,158$211$24,839
Advertising$6,307$4,313$7$10,627
Office Expenses$6,856$693$77$7,626
Insurance$5,368$1,058$118$6,544
Fees for Services Legal$219$114$1$334
Total Functional Expenses$2,839,048$501,678$18,829$3,359,555

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,359,555
Total Expenses per Audited Statements$3,359,555
Total Expenses per Form 990$3,359,555
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Achievement Centers for ChildrenHighland Hills, OH501(c)3Grant$10,000
Breaking Free Trc IncNorwich, OH501(c)3Grant$10,000
Centenary UniversityLong Valley, NJ501(c)3Grant$10,000
Dreams on Horsback OhBlacklick, OH501(c)3Grant$10,000
Equicenter IncHoneoye Falls, NY501(c)3Grant$10,000
Jf Shea Therapeutic Riding CenterSan Juan Capistrano, CA501(c)3Grant$10,000
Pegasus Theraputic Riding Academy IncPhiladelphia, PA501(c)3Grant$10,000
Sru FoundationSlippery Rock, PA501(c)3Grant$10,000
Maryland Therapeutic Riding IncCrownsville, MD501(c)3Grant$7,500
Suny Cobleskill Equine CenterCobleskill, NY501(c)3Grant$7,500
Winslow Therapeutic Riding CenterWarwick, NY501(c)3Grant$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$200,018
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Any person, organization, or business interested in the purpose of path international and desiring to support its programs may become a member by payment of dues as determined by the board of trustees.

Form 990, Part VI, Section A, Line 7A

The board of trustees may authorize such class of classes of voting members and determine or change the rights, privileges, duties, terms, and procedures for admission of such memberships, as it may from time to time determine such membership classes and their right, privileges, duties, terms, and procedures for admission shall be documented. Voting members shall be entitled to vote at annual or special meetings of the voting members. Each voting member may have only one type of membership and one vote. The members elect the board.

Form 990, Part VI, Section A, Line 7B

The members must approve bylaw changes.

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

The 990 is reviewed by staff and audit and finance committees; then the board approves before filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed annually by the board and they employees and signed.

Form 990, Part VI, Section B, Line 15

Compensation process for top official the ceo's compensation is recommended by the executive committee, reviewed in executive session, then approved by the full board of trustees. Comparative reviews are made to salary surveys by asae (american society of association executives), csae (colorado society of association executives), and the employers council. Compensation process for officers other key employees are reviewed annually which includes a comparative review of the employers council annual salary survey.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Professional Association of Therapeutic
EIN
23-7169769
Phone
3034521212
Address
8670 WOLFF CT 210, WESTMINSTER, CO 80031

Signing Officer

Name
Kathy Alm
Title
CEO
Phone
3034521212
Signed
2026-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Alm
Formed
1969
Legal Domicile
Co
Voting Board Members
15
Independent Board Members
15
Employees
24
Volunteers
149

Preparer

Firm
RYAN GUNSAULS & O'DONNELL LLC
Address
5590 E YALE AVE SUITE 201, DENVER, CO 80222
Preparer
Katherine T Moeller CPA
Phone
3037585558
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 240,576. Management and general expenses 125,042. Fundraising expenses 1,460. Total expenses 367,078.

Form 990, Part XII, Line 2C

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is a nonprofit corporation exempt from income taxes as described in section 501(c)(3) of the internal revenue code and is classified by the internal revenue service as other than a private foundation. The organization is subject to unrelated business income tax on its advertising income. As of june 30, 2025, the organization has incurred an accumulated net operating loss carryforward of approximately $37,986. A deferred tax benefit has not been recorded in the accompanying financial statements as it is not determinable if the organization will obtain a future benefit from this net operating loss carryforward.

Raw XML AppendixShowing 400 of 755 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.

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IRS990/ActivityOrMissionDesc0WE LEAD THE ADVANCEMENT OF PROFESSIONAL EQUINE-ASSISTED SERVICES BY SUPPORTING OUR MEMBERS AND STAKEHOLDERS THROUGH RIGOROUSLY DEVELOPED STANDARDS, CREDENTIALING, AND EDUCATION.
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IRS990/Desc0MEMBERSHIP PROVIDES A SENSE OF COMMUNITY FOR THE EQUINE-ASSISTED SERVICES (EAS) PROFESSIONALS AND SUPPORTERS WHO JOIN PATH INTERNATIONAL. ALMOST 5,000 MEMBERS AROUND THE WORLD HELP MORE THAN 71,000 CHILDREN AND ADULTS WITH PHYSICAL, COGNITIVE AND EMOTIONAL CHALLENGES AS THEY STRIVE TO REACH THEIR HEALTH AND WELLNESS GOALS. ADDITIONALLY, PATH INTERNATIONAL STRIDES MAGAZINE, ENEWS, AND WEBSITE PROVIDE VALUABLE INFORMATION TO MEMBERS AND THE PUBLIC.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/MissionDesc0WE ADVANCE PROFESSIONAL EQUINE-ASSISTED SERVICES BY EMPOWERING OUR MEMBERS, CREDENTIALED PROFESSIONALS, PARTNERS AND THE PUBLIC THROUGH RIGOROUSLY DEVELOPED STANDARDS, CREDENTIALS AND EDUCATION THAT RECOGNIZE THE POWER OF THE EQUINE-HUMAN RELATIONSHIP.
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IRS990/OccupancyGrp/ManagementAndGeneralAmt015777
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IRS990/OtherExpensesGrp/Desc1EVALUATOR FEES
IRS990/OtherExpensesGrp/Desc2PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/Desc3POSTAGE AND SHIPPING
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1ACCREDITATION & CERTIF
IRS990/ProgramServiceRevenueGrp/Desc2CONFERENCE FEES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc4SPONSORSHIPS
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3101450
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION - PATH INTERNAIONAL PROVIDES EDUCATIONAL OPPORTUNITIES TO PROFESSIONALS IN THE INDUSTRY VIA ON-LINE COURSES, WEBINARS, WORKSHOPS, AND CLINICS. IN ADDITION, THE SEMI-ANNUAL CONFERENCE AND 11 REGIONAL CONFERENCES PROVIDE PROFESSIONAL DEVELOPMENT, QUALITY CONTINUING EDUCATION UNITS TO MAINTAIN CERTIFICATIONS AND NETWORKING WITH COLLEAGUES.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0168234
IRS990/ProgSrvcAccomActy3Grp/Desc0CREDENTIALING - PATH INTERNATIONAL CERTIFIES AND ACCREDITS CENTERS, INSTRUCTORS, AND EQUINE SPECIALISTS ACCORDING TO A SET OF FIELD TESTED STANDARDS TO ENSURE THE HIGHEST LEVELS OF SAFETY, ETHICS, AND EFFECTIVENESS IN THE EQUINE ASSISTED SERVICES INDUSTRY.
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IRS990/PYOtherRevenueAmt0216873
IRS990/PYProgramServiceRevenueAmt02227708
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