Civic Intelligence

Hope Horses & Kids

990 • Fiscal year 2016 • EIN 27-3717973

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 19, 2017

1218 Padre DriveSalinas, CA 93901

(831) 596-6693

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$33,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

90th percentile

85%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

56%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$134,269

Up $61,635 (+85%) from 2015

Net Assets

Up

$134,269

Up $62,844 (+88%) from 2015

Liabilities

Down

$0

Down $1,209 (-100%) from 2015

Revenue

Up

$187,017

Up $67,039 (+56%) from 2015

Expenses

Up

$125,416

Up $60,557 (+93%) from 2015

Net Income

Up

$61,601

Up $6,482 (+12%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $72,634Liabilities 2015: $1,209Net Assets 2015: $71,4252015Assets 2016: $134,269Liabilities 2016: $0Net Assets 2016: $134,2692016Assets 2017: $85,526Net Assets 2017: $85,5262017Assets 2018: $104,845Liabilities 2018: $0Net Assets 2018: $104,8452018Assets 2019: $74,320Liabilities 2019: $11,339Net Assets 2019: $62,9812019Assets 2020: $129,250Liabilities 2020: $21,583Net Assets 2020: $107,6672020Assets 2021: $96,019Liabilities 2021: $0Net Assets 2021: $96,0192021Assets 2022: $127,263Liabilities 2022: $22,681Net Assets 2022: $104,5822022Assets 2023: $159,708Liabilities 2023: $5,869Net Assets 2023: $153,8392023Assets 2024: $163,825Liabilities 2024: $1,777Net Assets 2024: $162,0482024

Highlighted filing

2016

Assets$134,269
Liabilities$0
Net Assets$134,269

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $119,978Expenses 2015: $64,859Net Income 2015: $55,1192015Revenue 2016: $187,017Expenses 2016: $125,416Net Income 2016: $61,6012016Revenue 2017: $135,789Expenses 2017: $184,532Net Income 2017: -$48,7432017Revenue 2018: $216,001Expenses 2018: $196,281Net Income 2018: $19,7202018Revenue 2019: $186,073Expenses 2019: $228,037Net Income 2019: -$41,9642019Revenue 2020: $203,853Expenses 2020: $159,167Net Income 2020: $44,6862020Revenue 2021: $246,067Expenses 2021: $257,715Net Income 2021: -$11,6482021Revenue 2022: $372,246Expenses 2022: $363,683Net Income 2022: $8,5632022Revenue 2023: $421,200Expenses 2023: $371,827Net Income 2023: $49,3732023Revenue 2024: $451,720Expenses 2024: $443,248Net Income 2024: $8,4722024

Highlighted filing

2016

Revenue$187,017
Expenses$125,416
Net Income$61,601
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 19, 2017
Return Version
2016v3.0
Gross Receipts
$223,105
Mission and Program Overview

Mission

Hope, Horses & Kids provides safe and affordable Equine Assisted Learning (EAL) opportunities to individuals with physical, cognitive and emotional challenges of all ages. These activities promote developmental and educational skills while building confidence, character, independence and self-esteem.

Hope, Horses & Kids is a non-profit equine learning program designed to help children with social and emotional difficulties and differences. The program helps all children, but especially those with special needs, build confidence and reach personal developmental milestones. Our instructional approach includes teaching positive life skills, respect, responsibility, relationships, boundaries, empathy and choices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$63,372$130,534▲ $67,162
Land, Buildings, and Equipment, Net$4,295$3,149▼ $1,146
Accounts Receivable-$320-
Cash and Non-Interest-Bearing Accounts$4,967$266▼ $4,701
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$72,634$134,269▲ $61,635
Other Assets Total-$0-
Liabilities
Other Liabilities$1,209--
Total Liabilities$1,209$0▼ $1,209
Net Assets / Fund Balance
Unrestricted Net Assets$71,425$134,269▲ $62,844
Total Net Assets Fund Balance$71,425$134,269▲ $62,844
Total Liabilities and Net Assets / Fund Balance$72,634$134,269▲ $61,635

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,149$2,100$5,249
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lori TuttleExecutive DirectorFT$33,000$33,000

Board Members and Trustees

NameTitle
David JohnsonPresident
Hon Robert MoodyVice President
Connie YostBoard Member
Joe BuckalewBoard Member
Marcia S HayesBoard Member
Susan Parry DVMBoard Member
Hon Julie R CulverSecretary
Alexandra Wylie Eastman DVMTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$157,961
Program Service Revenue
$19,160
Investment Income
$0
Other Revenue
$9,896
All Other Contributions
$108,108
Change in Net Assets
$61,601

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table36$6,923Selling Price
Other Non Cash Contri Table1$6,200Selling Price
Other Non Cash Contri Table1$6,000Selling Price
Other Non Cash Contri Table2$4,400Selling Price
Other Non Cash Contri Table1$3,400Selling Price
Works of Art10$1,900Selling Price
Other Non Cash Contri Table1$1,500Selling Price
Other Non Cash Contri Table1$550Selling Price
Total Noncash Contributions53$30,873-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,563
Salaries, Compensation, and Employee Benefits$38,853
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$17,428$11,619-$29,047
Payroll Taxes$5,401$3,600-$9,001
All Other Expenses$3,693$2,683-$6,376
Insurance$5,139--$5,139
Fees for Services Other$3,873$655-$4,528
Office Expenses-$3,006-$3,006
Other Expenses$2,358--$2,358
Travel-$1,594-$1,594
Depreciation Depletion$1,146--$1,146
Other Employee Benefits$483$322-$805
Advertising$443--$443
Total Functional Expenses$101,937$23,479$0$125,416
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,984
Fundraising Direct Expenses$36,088
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hope, Horses and Ribs$95,532$45,679$30,873$14,806
Total Events$95,532$45,679$35,793$9,886
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
Backup withholding compliance
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
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, Line 11B: Form 990 Review Process

It is the policy of Hope, Horses & Kids to review the Form 990 at their regularly scheduled Board meeting prior to filing the return.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

When the annual budget is reviewed by the Board of Directors the Board receives input on the appropriate compensation level for their single employee and has a full duscussion prior to approving compensation rates.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Hope Horses & Kids
EIN
27-3717973
Phone
8315966693
Address
1218 PADRE DRIVE, SALINAS, CA 93901

Signing Officer

Name
David Johnson
Title
President
Signed
2017-07-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lori Tuttle
Formed
2010
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
13

Preparer

Firm
HAYASHI WAYLAND Accounting & Consulting
Address
1188 Padre Drive Suite 101, Salinas, CA 93901
Preparer
F Warren Wayland CPA
Phone
8317596300
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IRS990/OtherExpensesGrp/TotalAmt13153
IRS990/OtherExpensesGrp/TotalAmt22927
IRS990/OtherExpensesGrp/TotalAmt32358
IRS990/OtherLiabilitiesGrp/BOYAmt01209
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03600
IRS990/PayrollTaxesGrp/ProgramServicesAmt05401
IRS990/PayrollTaxesGrp/TotalAmt09001
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0LORI TUTTLE
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IRS990/ProgramServiceRevenueGrp/Desc0Equestrian Program Fees
IRS990/ProgramServiceRevenueGrp/Desc1Horse Camp
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011205
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17955
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17955
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt061601
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
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IRS990/RevenueAmt019160
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt063372
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0130534
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt075276
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt027630
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt06750
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt092865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt051153
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03663
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt087460
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0439357
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt03149
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02100
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05249
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03149
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt049853
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Hope, Horses and Ribs
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01420
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt095532
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt045679
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09886
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03500
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IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt236
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt32
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt41
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt51
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt61
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0TRAIL RIDE
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1TRAIL RIDE
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2Silent Auction
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc3Off 68 BarnTour

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