Civic Intelligence

Fieldstone Farm Therapeutic

EIN 34-1310435 • 501(c)3 • Chagrin Falls, OH

Profile

Fieldstone farm engages the therapeutic power of our horses to discover and nurture the special abilities of individuals, families, and communities.

16497 Snyder RoadChagrin Falls, OH 44023-4313

www.fieldstonefarm.org

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$207,090

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

33rd percentile

-1.9%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

9.7%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,943,912

Down $75,987 (-1.9%) from 2023

Liabilities

Up

$119,190

Up $17,918 (+18%) from 2023

Net Assets

Down

$3,824,722

Down $93,905 (-2.4%) from 2023

Revenue

Up

$3,231,803

Up $287,046 (+9.7%) from 2023

Expenses

Up

$2,557,332

Up $59,372 (+2.4%) from 2023

Net Income

Up

$674,471

Up $227,674 (+51%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $2,970,285Liabilities 2010: $63,027Net Assets 2010: $2,907,2582010Assets 2011: $2,904,771Liabilities 2011: $56,244Net Assets 2011: $2,848,5272011Assets 2012: $2,832,510Liabilities 2012: $92,469Net Assets 2012: $2,740,0412012Assets 2013: $3,261,203Liabilities 2013: $386,516Net Assets 2013: $2,874,6872013Assets 2014: $2,892,150Liabilities 2014: $250,424Net Assets 2014: $2,641,7262014Assets 2015: $2,861,131Liabilities 2015: $214,952Net Assets 2015: $2,646,1792015Assets 2016: $2,855,757Liabilities 2016: $90,233Net Assets 2016: $2,765,5242016Assets 2017: $3,029,800Liabilities 2017: $85,894Net Assets 2017: $2,943,9062017Assets 2018: $3,151,660Liabilities 2018: $105,348Net Assets 2018: $3,046,3122018Assets 2019: $3,239,798Liabilities 2019: $170,307Net Assets 2019: $3,069,4912019Assets 2020: $3,505,311Liabilities 2020: $313,360Net Assets 2020: $3,191,9512020Assets 2021: $3,432,667Liabilities 2021: $103,544Net Assets 2021: $3,329,1232021Assets 2022: $3,922,696Liabilities 2022: $126,444Net Assets 2022: $3,796,2522022Assets 2023: $4,019,899Liabilities 2023: $101,272Net Assets 2023: $3,918,6272023Assets 2024: $3,943,912Liabilities 2024: $119,190Net Assets 2024: $3,824,7222024

Highlighted filing

2024

Assets$3,943,912
Liabilities$119,190
Net Assets$3,824,722

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,490,9662010Expenses 2011: $1,543,1952011Expenses 2012: $1,577,4182012Revenue 2013: $1,754,856Expenses 2013: $1,620,210Net Income 2013: $134,6462013Revenue 2014: $1,659,704Expenses 2014: $1,892,665Net Income 2014: -$232,9612014Revenue 2015: $1,887,955Expenses 2015: $1,883,502Net Income 2015: $4,4532015Revenue 2016: $1,953,003Expenses 2016: $1,833,658Net Income 2016: $119,3452016Revenue 2017: $2,069,025Expenses 2017: $1,869,287Net Income 2017: $199,7382017Revenue 2018: $2,060,189Expenses 2018: $1,955,803Net Income 2018: $104,3862018Revenue 2019: $2,040,578Expenses 2019: $1,981,312Net Income 2019: $59,2662019Revenue 2020: $2,068,707Expenses 2020: $1,967,252Net Income 2020: $101,4552020Revenue 2021: $2,697,142Expenses 2021: $2,133,210Net Income 2021: $563,9322021Revenue 2022: $2,720,954Expenses 2022: $2,283,093Net Income 2022: $437,8612022Revenue 2023: $2,944,757Expenses 2023: $2,497,960Net Income 2023: $446,7972023Revenue 2024: $3,231,803Expenses 2024: $2,557,332Net Income 2024: $674,4712024

Highlighted filing

2024

Revenue$3,231,803
Expenses$2,557,332
Net Income$674,471

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.94$0.12$3.82$3.23$2.56$0.67
2023Detailed filing. Detailed filing data is available for this year.$4.02$0.10$3.92$2.94$2.50$0.45
2022Detailed filing. Detailed filing data is available for this year.$3.92$0.13$3.80$2.72$2.28$0.44
2021Detailed filing. Detailed filing data is available for this year.$3.43$0.10$3.33$2.70$2.13$0.56
2020Detailed filing. Detailed filing data is available for this year.$3.51$0.31$3.19$2.07$1.97$0.10
2019Detailed filing. Detailed filing data is available for this year.$3.24$0.17$3.07$2.04$1.98$0.06
2018Detailed filing. Detailed filing data is available for this year.$3.15$0.11$3.05$2.06$1.96$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.03$0.09$2.94$2.07$1.87$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.86$0.09$2.77$1.95$1.83$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.86$0.21$2.65$1.89$1.88$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.89$0.25$2.64$1.66$1.89$0.23
2013Detailed filing. Detailed filing data is available for this year.$3.26$0.39$2.87$1.75$1.62$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.09$2.74$1.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$0.06$2.85$1.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.06$2.91$1.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 30, 2025
Return Version
2024v5.2
Gross Receipts
$3,435,470
Mission and Program Overview

Mission

Fieldstone farm engages the therapeutic power of our horses to discover and nurture the special abilities of individuals, families, and communities.

Fieldstone farm engages the therapeutic power of our horses to (continued on schedule o) discover and nurture the special abilities of individuals, families, and communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,379,910$2,466,769▲ $86,859
Cash and Non-Interest-Bearing Accounts-$666,203-
Savings and Temporary Cash Investments$1,415,824$624,995▼ $790,829
Pledges and Grants Receivable$21,700$37,950▲ $16,250
Prepaid Expenses and Deferred Charges$85,289$34,525▼ $50,764
Accounts Receivable$7,176$3,470▼ $3,706
Total Assets$4,019,899$3,943,912▼ $75,987
Other Assets Total$110,000$110,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$75,379$100,404▲ $25,025
Other Liabilities$22,030$14,522▼ $7,508
Deferred Revenue$3,863$4,264▲ $401
Total Liabilities$101,272$119,190▲ $17,918
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,534,970$3,418,367▼ $116,603
Net Assets With Donor Restrictions$383,657$406,355▲ $22,698
Total Net Assets Fund Balance$3,918,627$3,824,722▼ $93,905
Total Liabilities and Net Assets / Fund Balance$4,019,899$3,943,912▼ $75,987

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,446,697$1,561,672$2,907,519
Equipment$383,138$692,278$1,075,416
Other Land Buildings$196,184$712,716$908,900
Land$440,750-$440,750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynnette R StuartCEOFT$175,000$32,090$207,090
Maureen FosterChief Development OfficerFT$130,000$21,995$151,995
Leslie MapesChief Operating OfficerFT$128,350$1,000$129,350
Revenue and Support

Revenue Composition

Contributions and Grants
$2,797,629
Program Service Revenue
$387,775
Investment Income
$38,935
Other Revenue
$7,464
All Other Contributions
$1,565,726
Change in Net Assets
$674,471

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
Securities Publicly Traded10$25,737Fair Market Value (FMV)
Other Non Cash Contri Table3$8,800Fair Market Value (FMV)
Total Noncash Contributions13$34,537-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,234,568
Revenue Not Reported on Financial Statements
$-2,765
Revenue Not Reported on Form 990
$-762,426
Other Revenue Adjustments
$-2,765
Total Revenue per Audited Statements
$2,472,142
Total Revenue per Form 990
$3,231,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,708,571
Other Expenses$848,761
Total Fundraising Expense$284,109
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$898,171$126,516$189,733$1,214,420
Current Officers, Directors, Trustees, and Key Employees$153,550$21,455$32,085$207,090
Depreciation Depletion$153,465$1,616$1,567$156,648
Other Employee Benefits$134,236$9,026$8,407$151,669
Payroll Taxes$81,141$9,877$15,219$106,237
All Other Expenses$69,119$1,554$1,926$72,599
Other Expenses$54,410$1,710$11,287$67,407
Office Expenses$44,449$3,181$3,671$51,301
Insurance$44,324--$44,324
Fees for Services Other$28,734$2,517$4,702$35,953
Pension Plan Contributions$19,107$3,849$6,199$29,155
Conferences and Meetings$18,317$897$2,464$21,678
Total Functional Expenses$2,086,690$186,533$284,109$2,557,332

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,566,047
Expenses per Audited Statements$2,557,332
Total Expenses per Form 990$2,557,332
Expenses Not Reported on Form 990$8,715
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$195,528
Fundraising Gross Income$195,528
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chefs Unbridled$575,000$195,528$194,792$736
Tack Sale$17,935-$736-
Total Events$592,935$195,528$195,528$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Payable$14,522
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The center's board has delegated authority to review form 990 to the audit committee. This committee meets with the independent accountants to review the form in detail. The full form 990 is shared with the board for their review and comment at a meeting prior to the filing.

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

When an individual has a conflict for a transaction that the board is considering, the individual does not participate in the discussion or approval/rejection of the transaction. The decision is made by persons independent of the individual with the conflict. The deliberations and decision are documented in the organization's minutes.

Form 990, Part VI, Section B, Line 15

The board evaluates the compensation of the ceo and other key personnel by looking at compensation amounts for similar positions in other similar organizations. Compensation decisions are made by persons who are independent of the employee. The process is documented in the organization's minutes.

Form 990, Part VI, Section C, Line 19

The organization's financial statements, conflict policy and governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Fieldstone Farm Therapeutic
EIN
34-1310435
Phone
4407080013
Address
16497 SNYDER ROAD, CHAGRIN FALLS, OH 44023-4313

Signing Officer

Name
Lynnette Stuart
Title
CEO
Phone
4407080013
Signed
2025-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynnette Stuart
Formed
1978
Legal Domicile
Oh
Voting Board Members
18
Independent Board Members
17
Employees
43
Volunteers
191

Preparer

Firm
Ciuni & Panichi Inc
Address
25201 CHAGRIN BLVD 200, CLEVELAND, OH 44122-5683
Preparer
Michael Klein CPA
Phone
2168317171
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Bad debts -576. Board approved transfer to trc foundation -800,000.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Form 990, Schedule A, Part II

In addition to the organization's original designation as a school, we also satisfy the qualifications for the seventh category as "an organization that receives a substantial part of its support from... The general public." this category allows us to recognize our generous donors and their exceptional, growing support of our programs.

Financial Statement Notes

PART X, LINE 2:

Fieldstone farm therapeutic riding center is tax-exempt under section 501(c)(3) of the internal revenue code. No provision for federal income taxes has been reported in the combined financial statements for exempt-purpose activities. The organization accounts for income taxes in accordance with the "income taxes" topic of the fasb asc. Uncertain income tax positions are evaluated at least annually by management. The organization classifies interest and penalties related to income tax matters as management and general expenses in the accompanying combined financial statements. As of december 31, 2024 and 2023, the organization has identified no uncertain income tax positions and has incurred no amounts for income tax penalties and interest for the years then ended. The organization files a federal form 990 in the u.s. Federal jurisdiction and a state registration in the office of the attorney general for the state of ohio.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Gain/(loss) on sale/retirement of assets 5,374. Board approved transfer to trc foundation -800,000.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

RENT EXPENSE -2,765.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Bad debt expense 576. Gain/(loss) on sale/retirement of assets 5,374. Rent expense 2,765.

Raw XML AppendixShowing 400 of 726 raw XML fields

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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IRS990/ActivityOrMissionDesc0FIELDSTONE FARM ENGAGES THE THERAPEUTIC POWER OF OUR HORSES TO (CONTINUED ON SCHEDULE O) DISCOVER AND NURTURE THE SPECIAL ABILITIES OF INDIVIDUALS, FAMILIES, AND COMMUNITIES.
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IRS990/BooksInCareOfDetail/PhoneNum04407080013
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IRS990/Desc0A HORSE CAN CHANGE A LIFE! HORSEBACK RIDING AND INTERACTION WITH HORSES RESULTS IN MANY PHYSICAL AND MENTAL BENEFITS, INCLUDING IMPROVED STRENGTH AND BALANCE AND INCREASED INDEPENDENCE AND SELF-ESTEEM. THE CENTER PROVIDES EQUINE PROGRAMS TO APPROXIMATELY 1,000 INDIVIDUALS OF ALL AGES WITH SPECIAL NEEDS ANNUALLY. WITH THE HELP OF 250 VOLUNTEERS ANNUALLY (TYPICALLY SERVING APPROXIMATELY 15,000 SERVICE HOURS PER YEAR) AND 32 EQUINE PARTNERS, THE CENTER IS ABLE TO SUPPORT "LITTLE VICTORIES AND BIG IMPACTS" EVERY DAY! THE CENTER OFFERS A DIVERSE RANGE OF SERVICES. IN ADDITION TO THE LARGEST PROGRAM OF THERAPEUTIC RIDING, THE "GAITWAY HIGH SCHOOL" IS AN ALTERNATIVE SCHOOL FOR STUDENTS WHO THRIVE (CONTINUED ON SCHEDULE O) BEST IN A NON-TRADITIONAL ACADEMIC ENVIRONMENT. THIS EXPERIENTIAL PROGRAM IS HIGHLY SUCCESSFUL IN TEACHING JOB AND LIFE SKILLS DUE TO THE MOTIVATION OF THE HORSES AND THE NATURAL ENVIRONMENT. TO DATE, 107 STUDENTS HAVE GRADUATED. ADDITIONALLY, MORE THAN 200 VETERANS OF THE UNITED STATES ARMED FORCES PARTICIPATE IN SPECIALIZED PROGRAMMING THAT HELPS THEM COPE WITH AND OVERCOME THE PHYSICAL AND EMOTIONAL CHALLENGES OF MILITARY SERVICE. OTHER OFFERINGS INCLUDE SUMMER CAMP, CARRIAGE DRIVING, A MOBILE MINIATURE HORSE PROGRAM, A READING PROGRAM AND EQUINE MENTAL HEALTH PROGRAMMING. RIDERSHIP SPONSORS MAKE THERAPEUTIC RIDING FINANCIALLY POSSIBLE FOR OUR PARTICIPANTS. DONATIONS SUBSIDIZE 75% OF THE LESSON COST FOR ALL. IN ADDITION, 92% OF THE SCHOOLS AND GROUPS NEED ADDITIONAL FINANCIAL SUPPORT, AS WELL AS 77% OF THE OVERALL STUDENT POPULATION. ESSENTIAL ACADEMIC, PHYSICAL, AND EMOTIONAL BENEFITS ARE DERIVED FROM SIGNIFICANT FUNDRAISING EFFORTS FOR THE RIDERSHIP PROGRAM.
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