Civic Intelligence

Hold Your Horses

990 • Fiscal year 2018 • EIN 27-5312055

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 13, 2018

5265 Woodland TrailGreenfield, MN 55357

(763) 498-0007

Siviq Scores

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

Liabilities / Assets

86th percentile

0.68x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

3.28x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

26th percentile

-5.5%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$38,500

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.9%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-58%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,149,714

Down $10,443 (-0.9%) from 2017

Net Assets

Down

$367,700

Down $13,172 (-3.5%) from 2017

Liabilities

Up

$782,014

Up $2,729 (+0.4%) from 2017

Revenue

Down

$238,166

Down $328,293 (-58%) from 2017

Expenses

Up

$251,338

Up $20,024 (+8.7%) from 2017

Net Income

Down

-$13,172

Down $348,317 (-104%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $18,833Liabilities 2012: $0Net Assets 2012: $18,8332012Assets 2013: $53,129Liabilities 2013: $0Net Assets 2013: $53,1292013Assets 2014: $45,467Net Assets 2014: $45,4672014Assets 2015: $47,305Net Assets 2015: $47,3052015Assets 2016: $51,795Liabilities 2016: $0Net Assets 2016: $51,7952016Assets 2017: $1,160,157Liabilities 2017: $779,285Net Assets 2017: $380,8722017Assets 2018: $1,149,714Liabilities 2018: $782,014Net Assets 2018: $367,7002018Assets 2019: $1,140,457Liabilities 2019: $768,456Net Assets 2019: $372,0012019Assets 2020: $1,193,372Liabilities 2020: $774,664Net Assets 2020: $418,7082020Assets 2021: $1,208,429Liabilities 2021: $724,765Net Assets 2021: $483,6642021Assets 2022: $1,479,982Liabilities 2022: $898,723Net Assets 2022: $581,2592022Assets 2025: $1,398,447Liabilities 2025: $642,101Net Assets 2025: $756,3462025

Highlighted filing

2018

Assets$1,149,714
Liabilities$782,014
Net Assets$367,700

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2012: $109,8442012Expenses 2013: $132,2082013Revenue 2014: $174,498Expenses 2014: $182,160Net Income 2014: -$7,6622014Revenue 2015: $194,912Expenses 2015: $195,024Net Income 2015: -$1122015Revenue 2016: $194,322Expenses 2016: $189,821Net Income 2016: $4,5012016Revenue 2017: $566,459Expenses 2017: $231,314Net Income 2017: $335,1452017Revenue 2018: $238,166Expenses 2018: $251,338Net Income 2018: -$13,1722018Revenue 2019: $243,266Expenses 2019: $238,965Net Income 2019: $4,3012019Revenue 2020: $321,099Expenses 2020: $274,392Net Income 2020: $46,7072020Revenue 2021: $411,585Expenses 2021: $346,629Net Income 2021: $64,9562021Revenue 2022: $554,129Expenses 2022: $456,534Net Income 2022: $97,5952022Revenue 2025: $748,572Expenses 2025: $744,129Net Income 2025: $4,4432025

Highlighted filing

2018

Revenue$238,166
Expenses$251,338
Net Income-$13,172
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 13, 2018
Return Version
2017v2.3
Gross Receipts
$239,788
Mission and Program Overview

Mission

Improving quality of life for children (people) with disabilities through individualized equine assisted therapy. Hold your horses is recognized as providing best practices for interdisciplinary equine assisted services in a professional, supportive environment surrounded by nature.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,105,015$1,095,322▼ $9,693
Loans From Officers Directors$779,285$767,434▼ $11,851
Pledges and Grants Receivable$7,329$24,358▲ $17,029
Savings and Temporary Cash Investments$17,590$16,563▼ $1,027
Cash and Non-Interest-Bearing Accounts$30,223$13,471▼ $16,752
Total Assets$1,160,157$1,149,714▼ $10,443
Liabilities
Accounts Payable and Accrued Expenses-$14,580-
Total Liabilities$779,285$782,014▲ $2,729
Net Assets / Fund Balance
Unrestricted Net Assets$380,872$367,700▼ $13,172
Total Net Assets Fund Balance$380,872$367,700▼ $13,172
Total Liabilities and Net Assets / Fund Balance$1,160,157$1,149,714▼ $10,443

Asset Categories

AssetBook ValueDepreciationBasis
Land$733,880-$733,880
Other Land Buildings$361,442$16,558$378,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Janet WeisbergExecutive DiPT$38,500$38,500

Board Members and Trustees

NameTitle
Fred KrietzmanBoard Chair
July HugenBoard Member
Kari HolmesBoard Member
Steven KatkovBoard Member
Debra MounseyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$123,926
Program Service Revenue
$84,404
Investment Income
$35
Other Revenue
$29,801
All Other Contributions
$123,926
Change in Net Assets
$-13,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$127,847
Other Expenses$123,491
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$56,858$23,224-$80,082
Current Officers, Directors, Trustees, and Key Employees$38,500--$38,500
All Other Expenses$17,326$742-$18,068
Insurance$17,071--$17,071
Interest$11,070--$11,070
Depreciation Depletion$9,693--$9,693
Payroll Taxes$9,265--$9,265
Other Expenses$5,099--$5,099
Advertising$2,435--$2,435
Office Expenses$2,228--$2,228
Fees for Services Other$1,065--$1,065
Fees for Services Accounting-$1,000-$1,000
Total Functional Expenses$226,372$24,966$0$251,338
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$30,891
Fundraising Direct Expenses$1,622
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hay There Fundr$20,735$20,735$1,142$19,593
Growing Roots 5$10,156$10,156$480$9,676
Total Events$30,891$30,891$1,622$29,269
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
Loans from Officers, Directors, Trustees, and Key Employees$779,285$767,434▼ $11,851
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Hold Your Horses
EIN
27-5312055
Phone
7634980007
Address
5265 WOODLAND TRAIL, GREENFIELD, MN 55357

Signing Officer

Name
Janet Weisberg
Title
Executive Director
Phone
7635957112
Signed
2018-08-13

Organization Details

Principal Officer
Janet Weisberg
Formed
2011
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
12
Volunteers
120

Preparer

Firm
Myslajek Kemp & Spencer Ltd
Address
1000 SHELARD PARKWAY 6TH FLOOR, ST LOUIS PARK, MN 55426
Preparer
Aaron Pasche CPA
Phone
9525444147
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Improving quality of life for children (people) with disabilities through individualized equine assisted therapy. Hold your horses is recognized as providing best practices for interdisciplinary equine assisted services in a professional, supportive environment surrounded by nature.

Form 990, Part XI, Line 9

Prior period adjustment 0

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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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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010156
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030891
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt029269
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01622
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01142
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0480
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0767434
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0MORTGAGE ON GREENFIELD,MN FARM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0800000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JANET WEISBERG - JW TRUST MORTGAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0767434
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IMPROVING QUALITY OF LIFE FOR CHILDREN (PEOPLE) WITH DISABILITIES THROUGH INDIVIDUALIZED EQUINE ASSISTED THERAPY. HOLD YOUR HORSES IS RECOGNIZED AS PROVIDING BEST PRACTICES FOR INTERDISCIPLINARY EQUINE ASSISTED SERVICES IN A PROFESSIONAL, SUPPORTIVE ENVIRONMENT SURROUNDED BY NATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01160157
IRS990/TotalAssetsEOYAmt01149714
IRS990/TotalAssetsGrp/BOYAmt01160157
IRS990/TotalAssetsGrp/EOYAmt01149714
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0123926
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024966
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0226372
IRS990/TotalFunctionalExpensesGrp/TotalAmt0251338
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0779285
IRS990/TotalLiabilitiesEOYAmt0782014
IRS990/TotalLiabilitiesGrp/BOYAmt0779285
IRS990/TotalLiabilitiesGrp/EOYAmt0782014
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0380872
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0367700
IRS990/TotalProgramServiceExpensesAmt0226372
IRS990/TotalProgramServiceRevenueAmt084404
IRS990/TotalReportableCompFromOrgAmt038500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt084971
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0238166
IRS990/TotalVolunteersCnt0120
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01160157
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01149714
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0380872
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0367700
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05265 WOODLAND TRAIL
IRS990/USAddress/CityNm0GREENFIELD
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055357
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.HOLDYOURHORSES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JANET WEISBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07635957112
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOLD YOUR HORSES
ReturnHeader/Filer/BusinessNameControlTxt0HOLD
ReturnHeader/Filer/EIN0275312055
ReturnHeader/Filer/PhoneNum07634980007
ReturnHeader/Filer/USAddress/AddressLine1Txt05265 WOODLAND TRAIL
ReturnHeader/Filer/USAddress/CityNm0GREENFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055357
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0633835379DEF0CF356CCBACA0D347B46C554ACBE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AD6C83CC4C1B06F02603807CC3B3FC81AA89162F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.17.65.90
ReturnHeader/FilingSecurityInformation/IPDt02018-10-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:14:20
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411710454
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MYSLAJEK KEMP & SPENCER LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 SHELARD PARKWAY 6TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST LOUIS PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055426
ReturnHeader/PreparerPersonGrp/PhoneNum09525444147
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON PASCHE CPA
ReturnHeader/ReturnTs02018-10-24T08:14:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.64$0.76$0.75$0.74$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.90$0.58$0.55$0.46$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.72$0.48$0.41$0.35$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.77$0.42$0.32$0.27$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.77$0.37$0.24$0.24$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.78$0.37$0.24$0.25$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.78$0.38$0.57$0.23$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.19$0.19$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.19$0.20$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.17$0.18$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.11
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $1M-$5M nonprofits