Civic Intelligence

Mane Gait

990 • Fiscal year 2020 • EIN 26-1525268

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

3160 N Custer RdMcKinney, TX 75071-3051

(469) 742-9611

Siviq Scores

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

Liabilities / Assets

48th percentile

0.09x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.17x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

56th percentile

8.3%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

76th percentile

$120,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

62nd percentile

12%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,324,089

Up $250,565 (+12%) from 2019

Net Assets

Up

$2,114,953

Up $100,872 (+5.0%) from 2019

Liabilities

Up

$209,136

Up $149,693 (+252%) from 2019

Revenue

Down

$1,221,548

Down $201,559 (-14%) from 2019

Expenses

Down

$1,120,676

Down $62,010 (-5.2%) from 2019

Net Income

Down

$100,872

Down $139,549 (-58%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $1,815,268Liabilities 2012: $18,896Net Assets 2012: $1,796,3722012Assets 2013: $1,821,811Liabilities 2013: $79,354Net Assets 2013: $1,742,4572013Assets 2014: $1,790,896Liabilities 2014: $77,076Net Assets 2014: $1,713,8202014Assets 2015: $1,893,134Liabilities 2015: $66,825Net Assets 2015: $1,826,3092015Assets 2016: $1,767,559Liabilities 2016: $82,603Net Assets 2016: $1,684,9562016Assets 2018: $1,900,824Liabilities 2018: $127,164Net Assets 2018: $1,773,6602018Assets 2019: $2,073,524Liabilities 2019: $59,443Net Assets 2019: $2,014,0812019Assets 2020: $2,324,089Liabilities 2020: $209,136Net Assets 2020: $2,114,9532020Assets 2021: $3,291,095Liabilities 2021: $41,788Net Assets 2021: $3,249,3072021Assets 2022: $3,799,024Liabilities 2022: $54,594Net Assets 2022: $3,744,4302022Assets 2024: $10,573,399Liabilities 2024: $926,518Net Assets 2024: $9,646,8812024

Highlighted filing

2020

Assets$2,324,089
Liabilities$209,136
Net Assets$2,114,953

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $809,6012012Revenue 2013: $838,145Expenses 2013: $892,060Net Income 2013: -$53,9152013Revenue 2014: $898,475Expenses 2014: $927,111Net Income 2014: -$28,6362014Revenue 2015: $1,098,512Expenses 2015: $986,023Net Income 2015: $112,4892015Revenue 2016: $998,807Expenses 2016: $1,140,160Net Income 2016: -$141,3532016Revenue 2018: $1,539,688Expenses 2018: $1,349,964Net Income 2018: $189,7242018Revenue 2019: $1,423,107Expenses 2019: $1,182,686Net Income 2019: $240,4212019Revenue 2020: $1,221,548Expenses 2020: $1,120,676Net Income 2020: $100,8722020Revenue 2021: $2,425,025Expenses 2021: $1,290,671Net Income 2021: $1,134,3542021Revenue 2022: $2,045,483Expenses 2022: $1,550,360Net Income 2022: $495,1232022Revenue 2024: $4,335,612Expenses 2024: $1,636,507Net Income 2024: $2,699,1052024

Highlighted filing

2020

Revenue$1,221,548
Expenses$1,120,676
Net Income$100,872
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$1,300,060
Mission and Program Overview

Mission

Mane Gait provides therapeutic horseback riding to children and adults with a wide range of developmental difficulties, enabling them to gain strength, confidence, and a sense of belonging.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,595,402$1,521,049▼ $74,353
Cash and Non-Interest-Bearing Accounts$439,719$784,577▲ $344,858
Accounts Receivable$21,892$10,054▼ $11,838
Prepaid Expenses and Deferred Charges$16,511$8,409▼ $8,102
Total Assets$2,073,524$2,324,089▲ $250,565
Liabilities
Mortgage Notes Payable Secured by Investment Property-$152,100-
Accounts Payable and Accrued Expenses$59,443$57,036▼ $2,407
Total Liabilities$59,443$209,136▲ $149,693
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,004,081$2,114,953▲ $110,872
Net Assets With Donor Restrictions$10,000--
Total Net Assets Fund Balance$2,014,081$2,114,953▲ $100,872
Total Liabilities and Net Assets / Fund Balance$2,073,524$2,324,089▲ $250,565

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,014,273-$1,014,273
Buildings$195,848$281,013$476,861
Leasehold Improvements$274,237$125,902$400,139
Equipment$18,479$172,591$191,070
Other Land Buildings$18,212$118,971$137,183
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia NelsonExecutive DirectorFT$120,000$120,000

Board Members and Trustees

NameTitle
Bill DarlingPresident
Bill HeardDirector
Cameron ReevesDirector
Craig MoenDirector
David StephensDirector
Josh SandlerDirector
Landon SchneiderDirector
Mike ReevesDirector
Mike ScovelDirector
Ryan ByrneDirector
Ryan GriffinDirector
Thomas ReidyDirector
Zach SchneiderDirector
Priscilla DarlingCo-Founder
Kelly WatermanSecretary
Dawnda DanielTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$831,190
Program Service Revenue
$129,638
Investment Income
$0
Other Revenue
$260,720
All Other Contributions
$541,730
Change in Net Assets
$100,872

Noncash Contribution Practices

Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$771,141
Other Expenses$349,535
Total Fundraising Expense$193,617
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$383,924$37,852$118,962$540,738
Current Officers, Directors, Trustees, and Key Employees$85,200$8,400$26,400$120,000
Depreciation Depletion$69,304$2,496$5,093$76,893
Other Employee Benefits$43,128$4,252$13,364$60,744
Payroll Taxes$35,258$3,476$10,925$49,659
Occupancy$25,835$930$1,899$28,664
All Other Expenses$22,500$2,963-$25,463
Insurance$22,244$801$1,635$24,680
Office Expenses$15,720$1,295$1,479$18,494
Advertising-$8,336$9,300$17,636
Information Technology$11,548$415$849$12,812
Fees for Services Accounting-$9,513-$9,513
Fees for Services Other$2,616$258$811$3,685
Other Expenses$2,774$228$261$3,263
Interest--$113$113
Total Functional Expenses$843,634$83,425$193,617$1,120,676
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$339,232
Fundraising Direct Expenses$78,512
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala at the Gait$453,182$335,787$70,251$265,536
Golf$89,755---
Total Events$628,692$339,232$78,512$260,720
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Line of credit-
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The President and Co-Founder are married. The Schneiders are related directors and the Reeves are related directors.

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

The return is reviewed by an officer prior to it being signed and submitted to the IRS.

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

During meetings of the board of directors, officers and directors are required to disclose interests, if any, that would give rise to conflicts.

Form 990, Part VI, Section B, Line 15

The board of directors approves compensation, with any officer being voted upon abstaining from the vote.

Form 990, Part VI, Section C, Line 19

The organizations governing documents, conflict of interest policy, and Form 990 containing financial statement information are available by request.

Filing and Contact Details

Filer

Filer Name
Mane Gait
EIN
26-1525268
Phone
4697429611
Address
3160 N Custer Rd, McKinney, TX 75071-3051

Signing Officer

Name
Dawnda Daniel
Title
Treasurer
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Darling
Formed
2007
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
Employees
35
Volunteers
354

Preparer

Firm
Schnaufer & Walker PC
Address
2695 Villa Creek 268, Dallas, TX 75234
Preparer
David Schnaufer
Phone
9727982046
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