Civic Intelligence

The Equus Effect Inc

990 • Fiscal year 2020 • EIN 45-2632601

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 03, 2021

37 Drum RoadSharon, CT 06069

(203) 803-9507

Siviq Scores

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

Liabilities / Assets

84th percentile

0.49x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

1.06x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

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

Top Officer Pay

57th percentile

$20,000

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

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

Asset Growth

96th percentile

237%

Faster asset growth than 96% of similar nonprofits.

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

Revenue Growth

84th percentile

43%

Faster revenue growth than 84% of similar nonprofits.

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

Assets

Up

$745,750

Up $524,185 (+237%) from 2019

Net Assets

Up

$376,731

Up $159,742 (+74%) from 2019

Liabilities

Up

$369,019

Up $364,443 (+7964%) from 2019

Revenue

Up

$347,758

Up $105,175 (+43%) from 2019

Expenses

Down

$188,016

Down $34,284 (-15%) from 2019

Net Income

Up

$159,742

Up $139,459 (+688%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2016: $64,067Liabilities 2016: $02016Assets 2017: $125,067Liabilities 2017: $0Net Assets 2017: $125,0672017Assets 2018: $194,396Liabilities 2018: $0Net Assets 2018: $194,3962018Assets 2019: $221,565Liabilities 2019: $4,576Net Assets 2019: $216,9892019Assets 2020: $745,750Liabilities 2020: $369,019Net Assets 2020: $376,7312020Assets 2021: $929,480Liabilities 2021: $363,970Net Assets 2021: $565,5102021Assets 2022: $976,689Liabilities 2022: $379,974Net Assets 2022: $596,7152022Assets 2023: $942,348Liabilities 2023: $344,870Net Assets 2023: $597,4782023Assets 2024: $978,350Liabilities 2024: $335,029Net Assets 2024: $643,3212024

Highlighted filing

2020

Assets$745,750
Liabilities$369,019
Net Assets$376,731

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2016: $88,715Expenses 2016: $50,133Net Income 2016: $38,5822016Revenue 2017: $188,324Expenses 2017: $127,324Net Income 2017: $61,0002017Revenue 2018: $268,616Expenses 2018: $199,287Net Income 2018: $69,3292018Revenue 2019: $242,583Expenses 2019: $222,300Net Income 2019: $20,2832019Revenue 2020: $347,758Expenses 2020: $188,016Net Income 2020: $159,7422020Revenue 2021: $388,662Expenses 2021: $199,883Net Income 2021: $188,7792021Revenue 2022: $339,713Expenses 2022: $308,508Net Income 2022: $31,2052022Revenue 2023: $323,689Expenses 2023: $322,926Net Income 2023: $7632023Revenue 2024: $393,223Expenses 2024: $347,380Net Income 2024: $45,8432024

Highlighted filing

2020

Revenue$347,758
Expenses$188,016
Net Income$159,742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 3, 2021
Return Version
2020v4.1
Gross Receipts
$383,045
Mission and Program Overview

Mission

To help veterans and others in transition rebuild healthy relationships at home, work and school through meaningful engagement with horses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$541,318▲ $541,318
Cash and Non-Interest-Bearing Accounts$195,378$172,340▼ $23,038
Savings and Temporary Cash Investments$26,187$31,292▲ $5,105
Accounts Receivable-$800-
Total Assets$221,565$745,750▲ $524,185
Liabilities
Mortgage Notes Payable Secured by Investment Property-$364,000-
Accounts Payable and Accrued Expenses$4,576$5,019▲ $443
Total Liabilities$4,576$369,019▲ $364,443
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$195,989$359,517▲ $163,528
Net Assets With Donor Restrictions$21,000$17,214▼ $3,786
Total Net Assets Fund Balance$216,989$376,731▲ $159,742
Total Liabilities and Net Assets / Fund Balance$221,565$745,750▲ $524,185

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$186,613$2,096$188,709
Land$180,081-$180,081
Other Land Buildings$174,624$1,722$176,346
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David Sonatore LcswProgram Director/board MemPT$20,000$20,000
Jesi SarnoFormer Executive DirectorPT$17,500$17,500
Jane StrongExecutive Director/board MePT$15,500$15,500

Board Members and Trustees

NameTitle
Robert CafferyPresident
Gaylord MeyerVice President
Jeffrey EarlsBoard Member
Priscilla MccordBoard Member
Robyn Cutler RosenbergBoard Member
Patty GaneySecretary
Oscar MartinezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$355,901
Program Service Revenue
$17,253
Investment Income
$341
Other Revenue
$-25,737
All Other Contributions
$295,821
Change in Net Assets
$159,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$135,016
Salaries, Compensation, and Employee Benefits$53,000
Total Fundraising Expense$21,593
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,675$7,575$7,750$53,000
Fees for Services Management$35,472$3,864$3,864$43,200
Insurance$8,307$2,965$554$11,826
Occupancy$9,211$1,552$153$10,916
Fees for Services Accounting-$7,675-$7,675
Office Expenses$109$7,373-$7,482
Information Technology$1,775$1,259$2,022$5,056
Advertising$1,508-$3,473$4,981
Depreciation Depletion$2,863$764$191$3,818
Conferences and Meetings$3,163--$3,163
Fees for Services Legal-$738-$738
Other Expenses$406-$3,586$406
Total Functional Expenses$132,658$33,765$21,593$188,016
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$35,287
Fundraising Gross Income$9,550
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$69,630$9,550$6,234$3,316
Total Events$69,630$9,550$35,287$-25,737
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
Yes
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, Section A, Line 8B

There are no committees with the authority to act on behalf of the board of directors.

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

A draft copy of the 990 is reviewed by the board of directors prior to filing.

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

Forms are provided annually to individuals to inquire about and conflicts. Discussions are held when necessary at board meetings during the course of the year if an issue arises.

Form 990, Part VI, Section B, Line 15

The board of directors reviews and approves annually as part of budgeting process. Comparative compensation data is obtained through discussions with and review of other nonprofit form 990 filings.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request and have been uploaded to guidestar.org.

Filing and Contact Details

Filer

Filer Name
The Equus Effect Inc
EIN
45-2632601
Phone
2038039507
Address
37 DRUM ROAD, SHARON, CT 06069

Signing Officer

Name
Jane Strong
Title
Executive Director
Phone
2038039507
Signed
2021-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Strong
Formed
2012
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Carter Hayes Associates Pc
Address
1970 WHITNEY AVENUE BLDG 2, HAMDEN, CT 06517
Preparer
David a Scaramozza
Phone
2032873990
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IRS990/Desc0IN JUNE 2019, THE VA WAS AWARDED THE $200,000 RESEARCH GRANT TO STUDY THE IMPACT OF OUR CURRICULUM ON A TRANS DIAGNOSTIC SAMPLE OF VETERANS. THIS PILOT PROJECT WILL INCLUDE A CONTROL SAMPLE AS WELL AS A TRIAL SAMPLE OF VETERANS WHO STRUGGLE WITH EMOTION REGULATION AND SOCIAL ENGAGEMENT. WE ARE VERY PLEASED THAT THE VA CHOSE OUR CURRICULUM AND THAT FINDINGS FROM THIS STUDY MAY LEAD US TO BECOME ONE OF TWO EVIDENCE-BASED PROGRAMS FOR VETERANS IN THE US. WE ALSO OPENED TWO MORE FACILITIES TO DELIVER OUR PROGRAM TO VETERANS IN NORTH CAROLINA AND WASHINGTON STATE. TO DATE WE HAVE SERVED OVER 300 VETERANS. DUE TO THE COVID-19 PANDEMIC, THE VA-YALE RESEARCH WAS POSTPONED UNTIL THE SPRING OF 2021. 2020 WAS FILLED WITH FRONTLINE HEALTH WORKERS WHO NEEDED TO RENEW FROM THE STRESS OF WORKING ON THE FRONT LINES IN ITEE COMMUNITIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORMS ARE PROVIDED ANNUALLY TO INDIVIDUALS TO INQUIRE ABOUT AND CONFLICTS. DISCUSSIONS ARE HELD WHEN NECESSARY AT BOARD MEETINGS DURING THE COURSE OF THE YEAR IF AN ISSUE ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS AND APPROVES ANNUALLY AS PART OF BUDGETING PROCESS. COMPARATIVE COMPENSATION DATA IS OBTAINED THROUGH DISCUSSIONS WITH AND REVIEW OF OTHER NONPROFIT FORM 990 FILINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND HAVE BEEN UPLOADED TO GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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