Civic Intelligence

Horses for Heroes-New Mexico Inc

EIN 27-1578535 • 501(c)3 • Santa Fe, NM

Profile

Horses for heroes - new mexico, inc. Is a unique horsemanship, wellness, and skill set restructuring program that is free to operation iraqi freedom and operation enduring freedom - afghanistan veterans and active military who have sustained physical injuries or combat trauma (ptsd) during their time serving our country.

PO Box 1882Santa Fe, NM 87504

www.horsesforheroes.org

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE E • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE E • $1M-$5M nonprofits • Source year 2024

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

NTEE E • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

NTEE E • $1M-$5M nonprofits • Source year 2024

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

NTEE E • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

23%

Faster revenue growth than 70% of similar nonprofits.

NTEE E • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,337,589

Up $793,135 (+31%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$3,337,589

Up $793,135 (+31%) from 2022

Revenue

Up

$531,933

Up $274,297 (+106%) from 2022

Expenses

Up

$90,126

Up $25,760 (+40%) from 2022

Net Income

Up

$441,807

Up $248,537 (+129%) from 2022

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 2014: $683,157Liabilities 2014: $0Net Assets 2014: $683,1572014Assets 2016: $1,190,362Liabilities 2016: $0Net Assets 2016: $1,190,3622016Assets 2017: $1,383,840Liabilities 2017: $0Net Assets 2017: $1,383,8402017Assets 2019: $1,936,233Liabilities 2019: $0Net Assets 2019: $1,936,2332019Assets 2020: $2,167,193Liabilities 2020: $0Net Assets 2020: $2,167,1932020Assets 2021: $2,351,184Liabilities 2021: $0Net Assets 2021: $2,351,1842021Assets 2022: $2,544,454Liabilities 2022: $0Net Assets 2022: $2,544,4542022Assets 2024: $3,337,589Liabilities 2024: $0Net Assets 2024: $3,337,5892024

Highlighted filing

2024

Assets$3,337,589
Liabilities$0
Net Assets$3,337,589

Operations Trend

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

$600K$400K$200K$0Revenue 2014: $341,283Expenses 2014: $86,402Net Income 2014: $254,8812014Revenue 2016: $343,271Expenses 2016: $79,536Net Income 2016: $263,7352016Revenue 2017: $398,111Expenses 2017: $92,633Net Income 2017: $305,4782017Revenue 2019: $380,843Expenses 2019: $67,425Net Income 2019: $313,4182019Revenue 2020: $282,776Expenses 2020: $51,816Net Income 2020: $230,9602020Revenue 2021: $280,770Expenses 2021: $99,829Net Income 2021: $180,9412021Revenue 2022: $257,636Expenses 2022: $64,366Net Income 2022: $193,2702022Revenue 2024: $531,933Expenses 2024: $90,126Net Income 2024: $441,8072024

Highlighted filing

2024

Revenue$531,933
Expenses$90,126
Net Income$441,807

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.2
Gross Receipts
$531,933
Mission and Program Overview

Mission

The organization provides a free program of unique horsemanship, wellness, and skill-set restructuring to all post 9/11 veterans as well as active military personnel who have sustained post-traumatic stress disorder, combat trauma, or physical injuries during their time serving our country.

Provide horsemanship & skill-set restructuring program for combat veterans & active military

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,076,833$2,808,577▲ $731,744
Cash and Non-Interest-Bearing Accounts$712,136$428,130▼ $284,006
Land, Buildings, and Equipment, Net$78,933$71,728▼ $7,205
Investments in Publicly Traded Securities$27,880$29,154▲ $1,274
Total Assets$2,895,782$3,337,589▲ $441,807
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,895,782$3,314,199▲ $418,417
Net Assets With Donor Restrictions-$23,390-
Total Net Assets Fund Balance$2,895,782$3,337,589▲ $441,807
Total Liabilities and Net Assets / Fund Balance$2,895,782$3,337,589▲ $441,807

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$23,572$48,300$71,872
Buildings$48,156$22,217$70,373
Equipment$0$49,326$49,326
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard IannucciPresident
Charles BennettBoard Member
Nancy De SantiaSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$406,238
Program Service Revenue
$0
Investment Income
$125,695
Other Revenue
$0
All Other Contributions
$376,238
Change in Net Assets
$441,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,126
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$23,311$37-$23,348
Office Expenses$4,329$4,328-$8,657
Other Expenses$7,574$8,544-$7,574
Depreciation Depletion$5,000$2,205-$7,205
Fees for Services Other$3,120--$3,120
Advertising$2,889--$2,889
Fees for Services Accounting$1,188$1,187-$2,375
Total Functional Expenses$73,825$16,301$0$90,126
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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 A, line 2

Richard Iannucci, Board President, and Nancy De Santis, Board Secretary/Treasurer are happily married to one another.

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

A copy of the return is forwarded to the board via email, reviewed, and approved prior to filing with the IRS.

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

The organization monitors and enforces compliance via meetings with Board members and volunteers.

Form 990, Part VI, Section B, line 15

Officers and key employees volunteer their time. They receive no compensation.

Form 990, Part VI, Section C, line 18

The documents are available on the New Mexico Attorney General's non-profit website (COROS).

Form 990, Part VI, Section C, line 19

Governing documents, financial statements, and policies are available upon written request. Copies of the governing documents are also available on line via the New Mexico Attorney General's charitable registration database/website (COROS).

Filing and Contact Details

Filer

Filer Name
Horses for Heroes - New Mexico Inc
EIN
27-1578535
Phone
5057982535
Address
PO Box 1882, Santa Fe, NM 87504

Signing Officer

Name
Richard Iannucci
Title
President
Phone
5056702059
Signed
2025-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Iannucci
Formed
2010
Legal Domicile
Nm
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
56

Preparer

Firm
Stauss Tax Services LLC
Address
1925 Aspen Drive Suite 702A, Santa Fe, NM 87505
Preparer
Steven G Stauss
Phone
5059921040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

Ranch Expenses: Program service expenses 6,084. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,084. Travel Expenses: Program service expenses 5,468. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,468. Navajo Nations Vehicle Rental: Program service expenses 3,161. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,161. Bunk House Expenses: Program service expenses 2,404. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,404. Navajo Nations Villanova Airfare: Program service expenses 1,716. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,716. Educational: Program service expenses 1,686. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,686. Navajo Nations Gas: Program service expenses 1,330. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,330. Navajo Nations Staff Meal: Program service expenses 498. Management and general expenses 0. Fundraising expenses 0. Total expenses 498. Coaching Supplies: Program service expenses 280. Management and general expenses 0. Fundraising expenses 0. Total expenses 280. Educational Reference: Program service expenses 278. Management and general expenses 0. Fundraising expenses 0. Total expenses 278. Navajo Nations Project Meals: Program service expenses 231. Management and general expenses 0. Fundraising expenses 0. Total expenses 231. Navajo Nations Vallanova Parking: Program service expenses 123. Management and general expenses 0. Fundraising expenses 0. Total expenses 123. Annual Report: Program service expenses 0. Management and general expenses 34. Fundraising expenses 0. Total expenses 34. Navajo Nations Bank Fees: Program service expenses 30. Management and general expenses 0. Fundraising expenses 0. Total expenses 30. Chapel Expenses: Program service expenses 22. Management and general expenses 0. Fundraising expenses 0. Total expenses 22. NM Gross Receipts Tax: Program service expenses 0. Management and general expenses 3. Fundraising expenses 0. Total expenses 3.

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IRS990/Desc0Hands-on programs include Cowboy Up!, a program that provides horsemanship, wellness and skill-set restructuring to post 9/11 combat wounded and PTSD-rated veterans, aiding in their post traumatic healing resilience. The program is self-paced and objective/outcome-based. It is both a day program for regional veterans and a residential program for participating veterans from out of state and across the country. The program is self-sustaining with program graduates serving as a cadre with the all-volunteer instructor staff. Approximately 9,600 hours of sessions and veteran activities, including phone, skype, and zoom counseling were provided.Wisdom Way for Warriors is our hybrid life-skills coaching program. Originally exclusive to women veterans, it is now integrated with our Cowboy Up! program as well as individual coaching sessions.Veteran participant families and couples personal retreats - veterans who have participated in the Cowboy Up! program are allowed to participate in a personal family or couples retreat, individually designed for their families' pre- and post-development needs.Program partners with US Special Special Operations (SOCOM) warrior care coalition.The US Navy special warfare teams began pre-deployment resiliency training during 2023 as a result of the success of our pilot program, initiated in 2022, of pre-deployment resiliency for active military conducted with the US Army first division. Providing trauma mitigation tools that allow active duty members who are deplolying to combat zones the ability to identify the debilitating effects of combat trauma in themselves and their unit members in order to stave off what would become post traumatic stress disorder. As part of this initiative we will also host active duty couples returning from multiple deployments, in retreat style setting to mitigate and repair the catastrophic effects resulting from back to back combat deployments.Wholesome and unitritious home-cooked meals are provided daily to all program participants for all programs.A continuing component of this program is the "Train the Trainers" graduate core class for EGCM (Equine Gestalt Coaching Method) on how to work with veterans and their trauma.The organization is endorsed by the New Mexico Department of Veteran Services, New Mexico Cattle Growers Association and their member ranches, Working Ranch Cowboys Association (WRCA), Wrangler National Patriot Program, American Gold Start Mother of American - Albuquerque chapter, the Military Order of World Wars - Santa Fe chapter, New Mexico Women's Veterans Association, the Southwest Native American Veterans Association, and many more.
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IRS990/MissionDesc0The organization provides a free program of unique horsemanship, wellness, and skill-set restructuring that is open to all post 9/11 veterans as well as active military personnel who have sustained post-traumatic stress disorder, combat trauma, or physical injuries during their time of service to our country.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Navajo Nation sustainable agriculture program for native american veteran ranchers. This program is conducted cooperatively with Villanova University's humanitarian engineering and international development division. We partner with graduate engineering student volunteers to address specific engineering challenges mainly dealing with water on our sister ranch on the Navajo nation such as water restoration, reclamation and capture in support of their cow-calf production operation as well as the agriculture elements that are essential to growing hay for feed. Military veterans are fully engage with the university students in designing, planning and executing the projects which encompass the entire academic year. Horses for Heroes cadre will similarly travel to villanove univesity to conduct program leader and team selection, oversight, and training as well as project design and planning.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt048156
IRS990ScheduleD/BuildingsGrp/DepreciationAmt022217
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt070373
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049326
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049326
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt023572
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048300
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071872
IRS990ScheduleD/TotalBookValueLandBuildingsAmt071728
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Richard Iannucci, Board President, and Nancy De Santis, Board Secretary/Treasurer are happily married to one another.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the return is forwarded to the board via email, reviewed, and approved prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization monitors and enforces compliance via meetings with Board members and volunteers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Officers and key employees volunteer their time. They receive no compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The documents are available on the New Mexico Attorney General's non-profit website (COROS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents, financial statements, and policies are available upon written request. Copies of the governing documents are also available on line via the New Mexico Attorney General's charitable registration database/website (COROS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Ranch Expenses: Program service expenses 6,084. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,084. Travel Expenses: Program service expenses 5,468. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,468. Navajo Nations Vehicle Rental: Program service expenses 3,161. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,161. Bunk House Expenses: Program service expenses 2,404. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,404. Navajo Nations Villanova Airfare: Program service expenses 1,716. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,716. Educational: Program service expenses 1,686. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,686. Navajo Nations Gas: Program service expenses 1,330. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,330. Navajo Nations Staff Meal: Program service expenses 498. Management and general expenses 0. Fundraising expenses 0. Total expenses 498. Coaching Supplies: Program service expenses 280. Management and general expenses 0. Fundraising expenses 0. Total expenses 280. Educational Reference: Program service expenses 278. Management and general expenses 0. Fundraising expenses 0. Total expenses 278. Navajo Nations Project Meals: Program service expenses 231. Management and general expenses 0. Fundraising expenses 0. Total expenses 231. Navajo Nations Vallanova Parking: Program service expenses 123. Management and general expenses 0. Fundraising expenses 0. Total expenses 123. Annual Report: Program service expenses 0. Management and general expenses 34. Fundraising expenses 0. Total expenses 34. Navajo Nations Bank Fees: Program service expenses 30. Management and general expenses 0. Fundraising expenses 0. Total expenses 30. Chapel Expenses: Program service expenses 22. Management and general expenses 0. Fundraising expenses 0. Total expenses 22. NM Gross Receipts Tax: Program service expenses 0. Management and general expenses 3. Fundraising expenses 0. Total expenses 3.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 24e
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IRS990/SignificantChangeInd00
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IRS990/SubjectToProxyTaxInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt073825
IRS990/TotalFunctionalExpensesGrp/TotalAmt090126
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02895782
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03337589
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0125695
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0531933
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt056
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt0PO Box 1882
IRS990/USAddress/CityNm0Santa Fe
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087504
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0https://www.horsesforheroes.org/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Iannucci
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05056702059
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Horses for Heroes - New Mexico Inc
ReturnHeader/Filer/BusinessNameControlTxt0HORS
ReturnHeader/Filer/EIN0271578535
ReturnHeader/Filer/PhoneNum05057982535
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1882
ReturnHeader/Filer/USAddress/CityNm0Santa Fe
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087504
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0854647383
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STAUSS TAX SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01925 Aspen Drive Suite 702A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Santa Fe
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087505
ReturnHeader/PreparerPersonGrp/PhoneNum05059921040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven G Stauss
ReturnHeader/ReturnTs02025-07-28T14:19:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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