Civic Intelligence

Miracles in Motion Therapeutic Equestrian Center

990 • Fiscal year 2020 • EIN 42-1324801

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 15, 2021

2049 120th St NWSwisher, IA 52338

(319) 857-4141

Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

0.02x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

72nd percentile

22%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

57th percentile

10%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$554,741

Up $52,588 (+10%) from 2019

Net Assets

Up

$550,417

Up $52,959 (+11%) from 2019

Liabilities

Down

$4,324

Down $371 (-7.9%) from 2019

Revenue

Up

$245,542

Up $78,456 (+47%) from 2019

Expenses

Down

$192,583

Down $6,180 (-3.1%) from 2019

Net Income

Up

$52,959

Up $84,636 (+267%) from 2019

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 2010: $577,564Liabilities 2010: $7,550Net Assets 2010: $570,0142010Assets 2011: $615,785Liabilities 2011: $7,974Net Assets 2011: $607,8112011Assets 2012: $609,585Liabilities 2012: $1,721Net Assets 2012: $607,8642012Assets 2013: $590,347Liabilities 2013: $10,352Net Assets 2013: $579,9952013Assets 2014: $550,803Liabilities 2014: $6,706Net Assets 2014: $544,0972014Assets 2015: $554,785Liabilities 2015: $5,585Net Assets 2015: $549,2002015Assets 2016: $545,188Liabilities 2016: $28,037Net Assets 2016: $517,1512016Assets 2017: $530,987Liabilities 2017: $18,924Net Assets 2017: $512,0632017Assets 2018: $536,259Liabilities 2018: $7,124Net Assets 2018: $529,1352018Assets 2019: $502,153Liabilities 2019: $4,695Net Assets 2019: $497,4582019Assets 2020: $554,741Liabilities 2020: $4,324Net Assets 2020: $550,4172020Assets 2021: $617,098Liabilities 2021: $16,298Net Assets 2021: $600,8002021Assets 2022: $837,705Liabilities 2022: $17,137Net Assets 2022: $820,5682022Assets 2023: $1,296,451Liabilities 2023: $19,481Net Assets 2023: $1,276,9702023Assets 2024: $1,478,281Liabilities 2024: $59,167Net Assets 2024: $1,419,1142024

Highlighted filing

2020

Assets$554,741
Liabilities$4,324
Net Assets$550,417

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $130,159Expenses 2010: $158,423Net Income 2010: -$28,2642010Revenue 2011: $118,227Expenses 2011: $80,735Net Income 2011: $37,4922011Expenses 2012: $90,5292012Revenue 2013: $106,807Expenses 2013: $137,907Net Income 2013: -$31,1002013Revenue 2014: $102,637Expenses 2014: $138,264Net Income 2014: -$35,6272014Revenue 2015: $112,185Expenses 2015: $104,661Net Income 2015: $7,5242015Revenue 2016: $110,121Expenses 2016: $143,441Net Income 2016: -$33,3202016Revenue 2017: $120,489Expenses 2017: $147,672Net Income 2017: -$27,1832017Revenue 2018: $187,455Expenses 2018: $170,277Net Income 2018: $17,1782018Revenue 2019: $167,086Expenses 2019: $198,763Net Income 2019: -$31,6772019Revenue 2020: $245,542Expenses 2020: $192,583Net Income 2020: $52,9592020Revenue 2021: $255,705Expenses 2021: $205,322Net Income 2021: $50,3832021Revenue 2022: $431,680Expenses 2022: $211,912Net Income 2022: $219,7682022Revenue 2023: $762,671Expenses 2023: $306,269Net Income 2023: $456,4022023Revenue 2024: $510,070Expenses 2024: $367,926Net Income 2024: $142,1442024

Highlighted filing

2020

Revenue$245,542
Expenses$192,583
Net Income$52,959
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 15, 2021
Return Version
2020v4.0
Gross Receipts
$245,542
Mission and Program Overview

Mission

Miracles in motion fosters personal achievement by providing diverse equestiran activities with therapeutic, educational and recreational benefits for persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$355,551$379,345▲ $23,794
Cash and Non-Interest-Bearing Accounts$107,659$134,267▲ $26,608
Investments in Publicly Traded Securities$38,943$41,129▲ $2,186
Total Assets$502,153$554,741▲ $52,588
Liabilities
Accounts Payable and Accrued Expenses$4,695$4,324▼ $371
Total Liabilities$4,695$4,324▼ $371
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$445,594$435,513▼ $10,081
Net Assets With Donor Restrictions$51,864$114,904▲ $63,040
Total Net Assets Fund Balance$497,458$550,417▲ $52,959
Total Liabilities and Net Assets / Fund Balance$502,153$554,741▲ $52,588

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$130,202$322,670$452,872
Land$227,547-$227,547
Leasehold Improvements-$99,514$99,514
Equipment$19,912$53,668$73,580
Other Land Buildings$1,684$52,887$54,571

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$38,943-▲ $2,186-$41,129
2019$38,943---$38,943
2018$38,788-▲ $216-$38,943
2017$36,344-▲ $2,671-$38,788
2016$33,109-▲ $3,443-$36,344
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joe PettaPresident
Gerald MohwinkleDirector
Jessica MusilDirector
Karla MillerDirector
Mary ChadwickDirector
Thomas J West IiDirector
Lois JamesPast Preside
Lauren CrippesSecretary
Tracy KolosikTreasurer
Nikole TuttonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$220,035
Program Service Revenue
$1,830
Investment Income
$303
Other Revenue
$23,374
All Other Contributions
$207,635
Change in Net Assets
$52,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$100,557
Other Expenses$92,026
Total Fundraising Expense$3,573
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,557--$100,557
Depreciation Depletion$26,492--$26,492
Insurance$19,235$393-$19,628
Occupancy$2,524$1,300-$3,824
Fees for Services Accounting-$2,794-$2,794
Office Expenses$1,596$822-$2,418
All Other Expenses$330$750-$1,080
Other Expenses$873-$3,573$873
Advertising$399--$399
Total Functional Expenses$182,951$6,059$3,573$192,583
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
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
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, Page 6, Part VI, Line 11B

The board treasurer works closely with the outside accountant to prepare the form 990 and then the form is reviewed by the full board prior to filing it with the irs.

Form 990, Page 6, Part VI, Line 12C

The organization requires all officers and directors to disclose any conflict of interest prior to joining the board of directors as well as report any duality of interest as soon as any interest occurs. As an additional safeguard, the organization reviews vendor lists and board member lists annually.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Miracles in Motion Therapeutic
EIN
42-1324801
Phone
3198574141
Address
2049 120TH ST NW, SWISHER, IA 52338

Signing Officer

Name
Tracy Kolosik
Title
Treasurer
Phone
3198574141
Signed
2021-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Petta
Formed
1988
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
160

Preparer

Firm
Bontrager Tax Acct & Cons LLC
Address
PO BOX 448, KALONA, IA 52247-0448
Preparer
Daniel P Bontrager CPA
Phone
3196562614
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0220035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0142709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0128403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0104353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt082847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0678347
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0429
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0364
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0926
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02055
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0127300
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99700
IRS990ScheduleA/PublicSupportPY170Pct00.99660
IRS990ScheduleA/PublicSupportTotal170Amt0678347
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0220035
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0142709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0128403
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0104353
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt082847
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0678347
IRS990ScheduleA/TotalSupportAmt0680402
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0130202
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0322670
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0452872
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt038943
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt041129
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02186
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt038943
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt038943
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt061
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt038788
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt038943
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0216
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0227
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt036344
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt038788
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02671
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0208
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt033109
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt036344
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03443
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt019912
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053668
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073580
IRS990ScheduleD/LandGrp/BookValueAmt0227547
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0227547
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt099514
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt099514
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01684
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt052887
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt054571
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0379345
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD TREASURER WORKS CLOSELY WITH THE OUTSIDE ACCOUNTANT TO PREPARE THE FORM 990 AND THEN THE FORM IS REVIEWED BY THE FULL BOARD PRIOR TO FILING IT WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES ALL OFFICERS AND DIRECTORS TO DISCLOSE ANY CONFLICT OF INTEREST PRIOR TO JOINING THE BOARD OF DIRECTORS AS WELL AS REPORT ANY DUALITY OF INTEREST AS SOON AS ANY INTEREST OCCURS. AS AN ADDITIONAL SAFEGUARD, THE ORGANIZATION REVIEWS VENDOR LISTS AND BOARD MEMBER LISTS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0502153
IRS990/TotalAssetsEOYAmt0554741
IRS990/TotalAssetsGrp/BOYAmt0502153
IRS990/TotalAssetsGrp/EOYAmt0554741
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0220035
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03573
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06059
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0182951
IRS990/TotalFunctionalExpensesGrp/TotalAmt0192583
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04695
IRS990/TotalLiabilitiesEOYAmt04324
IRS990/TotalLiabilitiesGrp/BOYAmt04695
IRS990/TotalLiabilitiesGrp/EOYAmt04324
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0497458
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0550417
IRS990/TotalProgramServiceExpensesAmt0182951
IRS990/TotalProgramServiceRevenueAmt01830
IRS990/TotalRevenueGrp/ExclusionAmt0303
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025204
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0245542
IRS990/TotalVolunteersCnt0160
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0502153
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0554741
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01184 Y AVE
IRS990/USAddress/CityNm0AMANA
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052203
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0MIRACLESINMOTION.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TRACY KOLOSIK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03198574141
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIRACLES IN MOTION THERAPEUTIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EQUESTRIAN CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0MIRA
ReturnHeader/Filer/EIN0421324801
ReturnHeader/Filer/PhoneNum03198574141
ReturnHeader/Filer/USAddress/AddressLine1Txt02049 120TH ST NW

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.06$1.42$0.51$0.37$0.14
2023Summary only. Only limited summary data is available for this year.$1.30$0.02$1.28$0.76$0.31$0.46
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.02$0.82$0.43$0.21$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.02$0.60$0.26$0.21$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.25$0.19$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.17$0.20$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.01$0.53$0.19$0.17$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.02$0.51$0.12$0.15$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.03$0.52$0.11$0.14$0.03
2015Summary only. Only limited summary data is available for this year.$0.55$0.01$0.55$0.11$0.10$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.01$0.54$0.10$0.14$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.01$0.58$0.11$0.14$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.00$0.61$0.09
2011Summary only. Only limited summary data is available for this year.$0.62$0.01$0.61$0.12$0.08$0.04
2010Summary only. Only limited summary data is available for this year.$0.58$0.01$0.57$0.13$0.16$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $500k-$1M nonprofits