Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
EIN 45-4234611 • 501(c)3 • Afton, MN
Profile
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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
27th percentile
Faster revenue growth than 27% of similar nonprofits.
Assets
Down$2,565,007
Down $105,407 (-3.9%) from 2023
Liabilities
Down$2,790,473
Down $25,422 (-0.9%) from 2023
Net Assets
Down-$225,466
Down $79,985 (-55%) from 2023
Revenue
Down$1,221,884
Down $64,047 (-5.0%) from 2023
Expenses
Down$1,085,381
Down $264,748 (-20%) from 2023
Net Income
Up$136,503
Up $200,701 (+313%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,583,304 | $2,466,745 | ▼ $116,559 |
| Cash and Non-Interest-Bearing Accounts | $87,110 | $98,262 | ▲ $11,152 |
| Total Assets | $2,670,414 | $2,565,007 | ▼ $105,407 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,811,536 | $2,785,847 | ▼ $25,689 |
| Accounts Payable and Accrued Expenses | $4,359 | $4,626 | ▲ $267 |
| Total Liabilities | $2,815,895 | $2,790,473 | ▼ $25,422 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-145,481 | $-225,466 | ▼ $79,985 |
| Total Net Assets Fund Balance | $-145,481 | $-225,466 | ▼ $79,985 |
| Total Liabilities and Net Assets / Fund Balance | $2,670,414 | $2,565,007 | ▼ $105,407 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,029,776 | $185,526 | $1,215,302 |
| Land | $1,164,772 | - | $1,164,772 |
| Leasehold Improvements | $240,608 | $174,069 | $414,677 |
| Equipment | $31,589 | $51,806 | $83,395 |
| Name | Title |
|---|---|
| Nancy Turner | President |
| Ellen Hill | Director |
| Julie Fischer | Director |
| Kari Markham | Dierctor |
| Brenda Teter | Executive Di |
| Kathleen Amerongen | Secretary/tr |
| Thomas Rhode | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $794,424 |
| Salaries, Compensation, and Employee Benefits | $290,957 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $242,231 | $26,914 | - | $269,145 |
| All Other Expenses | $190,648 | $10,217 | - | $200,865 |
| Interest | $100,284 | - | - | $100,284 |
| Depreciation Depletion | $57,578 | - | - | $57,578 |
| Other Expenses | $43,590 | $4,843 | - | $48,433 |
| Insurance | $21,749 | $21,230 | - | $42,979 |
| Occupancy | $26,311 | - | - | $26,311 |
| Payroll Taxes | $19,631 | $2,181 | - | $21,812 |
| Fees for Services Accounting | $17,654 | - | - | $17,654 |
| Office Expenses | - | $2,128 | - | $2,128 |
| Advertising | - | $-1,180 | - | $-1,180 |
| Total Functional Expenses | $1,019,048 | $66,333 | $0 | $1,085,381 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $66,128 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| 5k Fundraiser | $30,873 | - | $66,128 | - |
| Total Events | $30,873 | - | $66,128 | $-66,128 |
“Nancy turner kathleen amerongen president sec/trea sisters”
“Reviewed by board of directors prior to filing.”
“Enforced annually by board of directors”
“Documents made available to the public upon request.”
“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 support for horses in transition through our rescue, retirement, and rehoming programs. This old horse, inc. Manages and operates 10 barns throughout the larger st paul / minneapolis metropolitan area and western wisconsin. During calendar year 2024, this old horse provided humane rescue, rehabilitation, lifelong sanctuary, and adoption services for 238 horses across our 12-site sanctuary network in minnesota and western wisconsin. Of these, 58 were new intakesincluding retired racehorses, owner-surrenders, and horses intercepted from at-risk situations or kill-pen pipelines. We successfully rehomed 46 horses into qualified adoptive homes, all retained under our lifetime safety-net contracts. On any given day, an average of 202 resident horses received individualized care, encompassing veterinary treatments, farrier visits every six weeks, and more than 2 million pounds of feed and free-choice hay. Our volunteer corps of 540 community members donated 23,000 hoursvalued at over 1.3 millionto daily care, barn maintenance, and equine-assisted learning programs. Program highlights included: racehorse reimagined retrained and rehomed 22 off-track thoroughbreds @liberty wellness developed a 12-week equine-assisted support series for women recovering from breast cancer. Soul train paired 64 volunteers with sanctuary horses for structured ground-training, completing 3,500 logged sessions that improved adoptability scores by an average of 30%. This comprehensive approach ensured every horse received compassionate stewardship while advancing public education, volunteerism, and responsible equine aftercare.”
“Feed 45,780 0 0 utilities 23,351 0 0 farrier expenses 19,662 2,185 0 vet 18,681 2,076 0 training 13,599 0 0 utilities 10,008 0 0 farrier expenses 8,427 936 0 barn supplies 6,074 0 0 training 5,828 0 0 bedding 4,969 0 0 rescue transportation 3,850 0 0 dues & subscriptions 3,739 0 0 auto expense 3,271 0 0 quarantine 3,268 0 0 bank charges 0 3,268 0 barn supplies 2,603 0 0 repairs & maintenance 2,212 246 0 carcass disposal 2,226 0 0 bedding 2,130 0 0 fencing 2,040 0 0 rescue transportation 1,650 0 0 dues & subscriptions 1,602 0 0 auto expense 1,402 0 0 bank charges 0 1,401 0 quarantine 1,400 0 0 repairs & maintenance 948 105 0 carcass disposal 954 0 0 fencing 874 0 0 tack 70 0 0 tack 30 0 0 total 190,648 10,217 0”
“Prior period adjustement for adjustements to horse inventory.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4626 |
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| IRS990/ActivityOrMissionDesc | 0 | 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. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | -1180 |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 200865 |
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| IRS990/BackupWthldComplianceInd | 0 | false |
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| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYContributionsGrantsAmt | 0 | 1281878 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 4334 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 57578 |
| IRS990/Desc | 0 | THIS OLD HORSE, INC. PROVIDES SUPPORT FOR HORSES IN TRANSITION THROUGH OUR RESCUE, RETIREMENT, AND REHOMING PROGRAMS. THIS OLD HORSE, INC. MANAGES AND OPERATES 10 BARNS THROUGHOUT THE LARGER ST PAUL / MINNEAPOLIS METROPOLITAN AREA AND WESTERN WISCONSIN. DURING CALENDAR YEAR 2024, THIS OLD HORSE PROVIDED HUMANE RESCUE, REHABILITATION, LIFELONG SANCTUARY, AND ADOPTION SERVICES FOR 238 HORSES ACROSS OUR 12-SITE SANCTUARY NETWORK IN MINNESOTA AND WESTERN WISCONSIN. OF THESE, 58 WERE NEW INTAKESINCLUDING RETIRED RACEHORSES, OWNER-SURRENDERS, AND HORSES INTERCEPTED FROM AT-RISK SITUATIONS OR KILL-PEN PIPELINES. WE SUCCESSFULLY REHOMED 46 HORSES INTO QUALIFIED ADOPTIVE HOMES, ALL RETAINED UNDER OUR LIFETIME SAFETY-NET CONTRACTS. ON ANY GIVEN DAY, AN AVERAGE OF 202 RESIDENT HORSES RECEIVED INDIVIDUALIZED CARE, ENCOMPASSING VETERINARY TREATMENTS, FARRIER VISITS EVERY SIX WEEKS, AND MORE THAN 2 MILLION POUNDS OF FEED AND FREE-CHOICE HAY. OUR VOLUNTEER CORPS OF 540 COMMUNITY MEMBERS DONATED 23,000 HOURSVALUED AT OVER 1.3 MILLIONTO DAILY CARE, BARN MAINTENANCE, AND EQUINE-ASSISTED LEARNING PROGRAMS. PROGRAM HIGHLIGHTS INCLUDED: RACEHORSE REIMAGINED RETRAINED AND REHOMED 22 OFF-TRACK THOROUGHBREDS @LIBERTY WELLNESS DEVELOPED A 12-WEEK EQUINE-ASSISTED SUPPORT SERIES FOR WOMEN RECOVERING FROM BREAST CANCER. SOUL TRAIN PAIRED 64 VOLUNTEERS WITH SANCTUARY HORSES FOR STRUCTURED GROUND-TRAINING, COMPLETING 3,500 LOGGED SESSIONS THAT IMPROVED ADOPTABILITY SCORES BY AN AVERAGE OF 30%. THIS COMPREHENSIVE APPROACH ENSURED EVERY HORSE RECEIVED COMPASSIONATE STEWARDSHIP WHILE ADVANCING PUBLIC EDUCATION, VOLUNTEERISM, AND RESPONSIBLE EQUINE AFTERCARE. |
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| IRS990/MissionDesc | 0 | 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. |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 21812 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | NANCY TURNER |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 110000 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THIS OLD HORSE, INC. PROVIDES SUPPORT FOR HORSES IN TRANSITION THROUGH OUR RESCUE, RETIREMENT, AND REHOMING PROGRAMS. THIS OLD HORSE, INC. MANAGES AND OPERATES 10 BARNS THROUGHOUT THE LARGER ST PAUL / MINNEAPOLIS METROPOLITAN AREA AND WESTERN WISCONSIN. DURING CALENDAR YEAR 2024, THIS OLD HORSE PROVIDED HUMANE RESCUE, REHABILITATION, LIFELONG SANCTUARY, AND ADOPTION SERVICES FOR 238 HORSES ACROSS OUR 12-SITE SANCTUARY NETWORK IN MINNESOTA AND WESTERN WISCONSIN. OF THESE, 58 WERE NEW INTAKESINCLUDING RETIRED RACEHORSES, OWNER-SURRENDERS, AND HORSES INTERCEPTED FROM AT-RISK SITUATIONS OR KILL-PEN PIPELINES. WE SUCCESSFULLY REHOMED 46 HORSES INTO QUALIFIED ADOPTIVE HOMES, ALL RETAINED UNDER OUR LIFETIME SAFETY-NET CONTRACTS. ON ANY GIVEN DAY, AN AVERAGE OF 202 RESIDENT HORSES RECEIVED INDIVIDUALIZED CARE, ENCOMPASSING VETERINARY TREATMENTS, FARRIER VISITS EVERY SIX WEEKS, AND MORE THAN 2 MILLION POUNDS OF FEED AND FREE-CHOICE HAY. OUR VOLUNTEER CORPS OF 540 COMMUNITY MEMBERS DONATED 23,000 HOURSVALUED AT OVER 1.3 MILLIONTO DAILY CARE, BARN MAINTENANCE, AND EQUINE-ASSISTED LEARNING PROGRAMS. PROGRAM HIGHLIGHTS INCLUDED: RACEHORSE REIMAGINED RETRAINED AND REHOMED 22 OFF-TRACK THOROUGHBREDS @LIBERTY WELLNESS DEVELOPED A 12-WEEK EQUINE-ASSISTED SUPPORT SERIES FOR WOMEN RECOVERING FROM BREAST CANCER. SOUL TRAIN PAIRED 64 VOLUNTEERS WITH SANCTUARY HORSES FOR STRUCTURED GROUND-TRAINING, COMPLETING 3,500 LOGGED SESSIONS THAT IMPROVED ADOPTABILITY SCORES BY AN AVERAGE OF 30%. THIS COMPREHENSIVE APPROACH ENSURED EVERY HORSE RECEIVED COMPASSIONATE STEWARDSHIP WHILE ADVANCING PUBLIC EDUCATION, VOLUNTEERISM, AND RESPONSIBLE EQUINE AFTERCARE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NANCY TURNER KATHLEEN AMERONGEN PRESIDENT SEC/TREA SISTERS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | REVIEWED BY BOARD OF DIRECTORS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ENFORCED ANNUALLY BY BOARD OF DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | FEED 45,780 0 0 UTILITIES 23,351 0 0 FARRIER EXPENSES 19,662 2,185 0 VET 18,681 2,076 0 TRAINING 13,599 0 0 UTILITIES 10,008 0 0 FARRIER EXPENSES 8,427 936 0 BARN SUPPLIES 6,074 0 0 TRAINING 5,828 0 0 BEDDING 4,969 0 0 RESCUE TRANSPORTATION 3,850 0 0 DUES & SUBSCRIPTIONS 3,739 0 0 AUTO EXPENSE 3,271 0 0 QUARANTINE 3,268 0 0 BANK CHARGES 0 3,268 0 BARN SUPPLIES 2,603 0 0 REPAIRS & MAINTENANCE 2,212 246 0 CARCASS DISPOSAL 2,226 0 0 BEDDING 2,130 0 0 FENCING 2,040 0 0 RESCUE TRANSPORTATION 1,650 0 0 DUES & SUBSCRIPTIONS 1,602 0 0 AUTO EXPENSE 1,402 0 0 BANK CHARGES 0 1,401 0 QUARANTINE 1,400 0 0 REPAIRS & MAINTENANCE 948 105 0 CARCASS DISPOSAL 954 0 0 FENCING 874 0 0 TACK 70 0 0 TACK 30 0 0 TOTAL 190,648 10,217 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PRIOR PERIOD ADJUSTEMENT FOR ADJUSTEMENTS TO HORSE INVENTORY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 24E |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9 |
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