Magical Meadows Inc.

“Expenses advertising 364 office supplies 648 internet 1,130 travel 193 interest expense 7,540 insurance 8,303 animal care 1,605 bank service charges 267 banquet expense 348 casual labor 395 cleaning supplies 52 dues & subscriptions 412 education & training 65 equipment repair 190 feed & hay 10,794 fuel 1,596 fundraising expense 5,968 meals & entertainment 1,251 miscellaneous 456 pop/water/candy 223 program expense 1,356 repairs & maint. 2,077 small tools & equipment 1,534 supplies 776 telephone 4,238 trash removal 775 vet expense 2,377 contributions 240 non-investment depreciation 14,111 total 69,284”

“Equipment 8,740 8,740 less accumulated depreciation 2,847 4,357 office equipment 2,064 2,822 less accumulated depreciation 1,294 1,716 horses & other animals 2,041 2,041 less accumulated depreciation 753 1,045 buildings & structures 393,133 395,233 less accumulated depreciation 5,643 16,831 furniture & fixtures 3,365 3,878 less accumulated depreciation 311 1,009 employee receivable 161 390 prepaid expenses 0 1,008 total 398,656 389,154”

“Accounts payable and accrued expenses 31,591 0 federal & fica payable 281 470 state & co payable 0 34 mortgage and other notes payable 149,160 177,647”

“Our mission is to improve the bodies, minds and spirits of children and adults with special needs through therapeutic horseback riding.”