Civic Intelligence

This Old Horse Inc.

990 • Fiscal year 2013 • EIN 45-4234611

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 10, 2014

13926 60th Street South55001

(651) 437-1889

Siviq Scores

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

Liabilities / Assets

68th percentile

0.31x

Higher debt load relative to assets than 68% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

91st percentile

2.63x

Higher debt load relative to revenue than 91% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

7th percentile

-41%

Higher net margin than 7% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

44th percentile

0.6%

Faster asset growth than 44% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

1st percentile

-85%

Faster revenue growth than 1% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Up

$1,995,153

Up $11,474 (+0.6%) from 2012

Net Assets

Down

$1,370,273

Down $96,671 (-6.6%) from 2012

Liabilities

Up

$624,880

Up $108,145 (+21%) from 2012

Revenue

Down

$237,394

Down $1,357,274 (-85%) from 2012

Expenses

Up

$334,066

Up $206,341 (+162%) from 2012

Net Income

Down

-$96,672

Down $1,563,615 (-107%) from 2012

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $1,983,679Liabilities 2012: $516,735Net Assets 2012: $1,466,9442012Assets 2013: $1,995,153Liabilities 2013: $624,880Net Assets 2013: $1,370,2732013Assets 2014: $506,212Liabilities 2014: $607,709Net Assets 2014: -$101,4972014Assets 2015: $537,295Liabilities 2015: $584,875Net Assets 2015: -$47,5802015Assets 2016: $577,850Liabilities 2016: $445,272Net Assets 2016: $132,5782016Assets 2017: $613,914Liabilities 2017: $443,547Net Assets 2017: $170,3672017Assets 2018: $655,479Liabilities 2018: $432,825Net Assets 2018: $222,6542018Assets 2019: $701,562Liabilities 2019: $422,219Net Assets 2019: $279,3432019Assets 2020: $1,690,488Liabilities 2020: $1,465,763Net Assets 2020: $224,7252020Assets 2021: $2,977,835Liabilities 2021: $2,839,283Net Assets 2021: $138,5522021Assets 2022: $2,727,366Liabilities 2022: $2,808,649Net Assets 2022: -$81,2832022Assets 2023: $2,670,414Liabilities 2023: $2,815,895Net Assets 2023: -$145,4812023Assets 2024: $2,565,007Liabilities 2024: $2,790,473Net Assets 2024: -$225,4662024

Highlighted filing

2013

Assets$1,995,153
Liabilities$624,880
Net Assets$1,370,273

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $1,594,668Expenses 2012: $127,725Net Income 2012: $1,466,9432012Revenue 2013: $237,394Expenses 2013: $334,066Net Income 2013: -$96,6722013Revenue 2014: -$1,128,141Expenses 2014: $343,629Net Income 2014: -$1,471,7702014Revenue 2015: $337,716Expenses 2015: $283,799Net Income 2015: $53,9172015Revenue 2016: $450,294Expenses 2016: $270,136Net Income 2016: $180,1582016Revenue 2017: $697,283Expenses 2017: $659,494Net Income 2017: $37,7892017Revenue 2018: $559,377Expenses 2018: $507,089Net Income 2018: $52,2882018Revenue 2019: $677,682Expenses 2019: $620,993Net Income 2019: $56,6892019Revenue 2020: $692,594Expenses 2020: $747,212Net Income 2020: -$54,6182020Revenue 2021: $1,111,521Expenses 2021: $1,197,694Net Income 2021: -$86,1732021Revenue 2022: $957,025Expenses 2022: $1,176,860Net Income 2022: -$219,8352022Revenue 2023: $1,285,931Expenses 2023: $1,350,129Net Income 2023: -$64,1982023Revenue 2024: $1,221,884Expenses 2024: $1,085,381Net Income 2024: $136,5032024

Highlighted filing

2013

Revenue$237,394
Expenses$334,066
Net Income-$96,672
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 10, 2014
Return Version
2013v3.1
Gross Receipts
$237,394
Mission and Program Overview

Mission

This old horse, inc., provides retirement, rescue and rehabilitation to older and unwanted horses that have had a career to service humans. They continue to serve as ambassadors to the incredible impact of 'horse power' by facilitating the development of horsemanship and beginning riding skills to older and special needs riders.

This old horse, inc. Provides retirement, rescue and rehabilitation to older and unwanted horses that have had a career to service humans. They continue to serve as ambassadors to the incredible impact of 'horse power' by facilitating the development of horsemanship and beginning riding skills to older and special needs riders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,982,565$1,977,286▼ $5,279
Cash and Non-Interest-Bearing Accounts$1,114$17,867▲ $16,753
Total Assets$1,983,679$1,995,153▲ $11,474
Liabilities
Mortgage Notes Payable Secured by Investment Property$354,775$392,497▲ $37,722
Other Liabilities$153,294$225,379▲ $72,085
Accounts Payable and Accrued Expenses$8,666$7,004▼ $1,662
Total Liabilities$516,735$624,880▲ $108,145
Net Assets / Fund Balance
Unrestricted Net Assets$1,466,944$1,370,273▼ $96,671
Total Net Assets Fund Balance$1,466,944$1,370,273▼ $96,671
Total Liabilities and Net Assets / Fund Balance$1,983,679$1,995,153▲ $11,474

Asset Categories

AssetBook ValueDepreciationBasis
Land$301,000-$301,000
Buildings$93,883$5,117$99,000
Leasehold Improvements$54,433$5,937$60,370
Equipment$27,970$8,530$36,500
Other Land Buildings$1,500,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy TurnerPresident
Ellen HillDirector
Julia AmerongenDirector
Julie FischerDirector
June MccloudDirector
Linda HughesDirector
Lori HallDirector
Marissa AmerongenDirector
Mary T Maher PhdDirector
Kathleen AmerongenSecretary/tr
Thomas RhodeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$153,934
Program Service Revenue
$83,460
Investment Income
$0
Other Revenue
$0
All Other Contributions
$153,934
Change in Net Assets
$-96,672

Audited Revenue Reconciliation

Revenue per Audited Statements
$237,394
Total Revenue per Audited Statements
$237,394
Total Revenue per Form 990
$237,394
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$263,759
Salaries, Compensation, and Employee Benefits$70,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$83,577$3,993-$87,570
Other Salaries and Wages$55,403$6,156-$61,559
Interest$19,973--$19,973
Other Expenses$16,625--$16,625
Insurance$7,201$6,763-$13,964
Depreciation Depletion$13,279--$13,279
Payroll Taxes$7,874$874-$8,748
Advertising-$6,663-$6,663
Information Technology$3,513--$3,513
Fees for Services Accounting$1,188--$1,188
Office Expenses-$1,179-$1,179
Fees for Services Legal$509--$509
Total Functional Expenses$308,438$25,628$0$334,066

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$334,066
Expenses per Audited Statements$334,065
Total Expenses per Audited Statements$334,065
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accounts Payable$149,568
Line of Credit$60,786
Short Term Line of Credit$15,025
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
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 2

Nancy turner kathleen amerongen president sec/trea sisters

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

Reviewed by board of directors prior to filing.

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

Enforced annually by board of directors

Form 990, Page 6, Part VI, Line 19

Documents made available to the public upon request.

Filing and Contact Details

Filer

EIN
45-4234611
Phone
6514371889

Signing Officer

Name
Nancy Turner
Title
President
Phone
6514371889
Signed
2014-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Turner
Formed
2012
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
5
Volunteers
60

Preparer

Preparer
Carol J Sailer
Phone
6514373356
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

This old horse, inc. Provides retirement, rescue and rehabilitation to older and unwanted horses that have had a career to service humans. They continue to serve as ambassadors to the incredible impact of 'horse power' by facilitating the development of horsemanship and beginning riding skills to older and special needs riders.

Form 990, Part IX, Line 24E

Hay 14,709 0 0 vet 13,153 1,461 0 feed 11,222 0 0 barn supplies 8,881 0 0 repairs and maintanence 8,196 0 0 independent contractors 6,416 713 0 vet 5,637 626 0 barn supplies 3,806 0 0 independent contractor 2,750 306 0 ferrier exp 2,602 289 0 bedding 2,357 0 0 ferrier expenses 1,115 124 0 bedding 1,010 0 0 equipment rental 517 57 0 dues and membership 479 0 0 bank charges 0 274 0 equipment rental 222 25 0 fundraising 210 0 0 dues and membership 205 0 0 bank charges 0 118 0 fundraising 90 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 1

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 1

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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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IRS990/PYOtherRevenueAmt0169
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-96672
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01566276
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01720210
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt042314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt022214
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt064528
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IRS990ScheduleA/PublicSupportTotal509Amt01784738
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0196248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01588490
IRS990ScheduleA/Total509Grp/TotalAmt01784738
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt093883
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05117
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt099000
IRS990ScheduleD/EquipmentGrp/BookValueAmt027970
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08530
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036500
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01
IRS990ScheduleD/ExpensesSubtotalAmt0334065
IRS990ScheduleD/LandGrp/BookValueAmt0301000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0301000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt054433
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05937
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt060370
IRS990ScheduleD/OtherExpensesNotIncludedAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01500000
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0149568
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt160786
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt215025
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCOUNTS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHORT TERM LINE OF CREDIT
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS OLD HORSE, INC. PROVIDES RETIREMENT, RESCUE AND REHABILITATION TO OLDER AND UNWANTED HORSES THAT HAVE HAD A CAREER TO SERVICE HUMANS. THEY CONTINUE TO SERVE AS AMBASSADORS TO THE INCREDIBLE IMPACT OF 'HORSE POWER' BY FACILITATING THE DEVELOPMENT OF HORSEMANSHIP AND BEGINNING RIDING SKILLS TO OLDER AND SPECIAL NEEDS RIDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NANCY TURNER KATHLEEN AMERONGEN PRESIDENT SEC/TREA SISTERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ENFORCED ANNUALLY BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HAY 14,709 0 0 VET 13,153 1,461 0 FEED 11,222 0 0 BARN SUPPLIES 8,881 0 0 REPAIRS AND MAINTANENCE 8,196 0 0 INDEPENDENT CONTRACTORS 6,416 713 0 VET 5,637 626 0 BARN SUPPLIES 3,806 0 0 INDEPENDENT CONTRACTOR 2,750 306 0 FERRIER EXP 2,602 289 0 BEDDING 2,357 0 0 FERRIER EXPENSES 1,115 124 0 BEDDING 1,010 0 0 EQUIPMENT RENTAL 517 57 0 DUES AND MEMBERSHIP 479 0 0 BANK CHARGES 0 274 0 EQUIPMENT RENTAL 222 25 0 FUNDRAISING 210 0 0 DUES AND MEMBERSHIP 205 0 0 BANK CHARGES 0 118 0 FUNDRAISING 90 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0308438
IRS990/TotalFunctionalExpensesGrp/TotalAmt0334066
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IRS990/TotalProgramServiceRevenueAmt083460
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IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01983679
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt01466944
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IRS990/UponRequestInd0X
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IRS990/USAddress/City0AFTON
IRS990/USAddress/State0MN
IRS990/USAddress/ZIPCode055001
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IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.THISOLDHORSE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY TURNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06514371889
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10THIS OLD HORSE INC
ReturnHeader/Filer/BusinessNameControlTxt0THIS
ReturnHeader/Filer/EIN0454234611
ReturnHeader/Filer/PhoneNum06514371889
ReturnHeader/Filer/USAddress/AddressLine1013926 60TH STREET SOUTH
ReturnHeader/Filer/USAddress/City0AFTON
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411620961
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LEWIS KISCH & ASSOCIATES LTD

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