Civic Intelligence

This Old Horse Inc

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.

13926 60th Street SouthAfton, MN 55001

www.thisoldhorse.org

Siviq Scores

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

Liabilities / Assets

94th percentile

1.09x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

2.28x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-3.9%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

27th percentile

-5.0%

Faster revenue growth than 27% of similar nonprofits.

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

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

Trend Graphs

Balance Sheet Trend

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

$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

2024

Assets$2,565,007
Liabilities$2,790,473
Net Assets-$225,466

Operations Trend

Revenue, expenses, and net income by year, with the latest 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

2024

Revenue$1,221,884
Expenses$1,085,381
Net Income$136,503

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 20, 2025
Return Version
2024v5.0
Gross Receipts
$1,291,487
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$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 Categories

AssetBook ValueDepreciationBasis
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
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy TurnerPresident
Ellen HillDirector
Julie FischerDirector
Kari MarkhamDierctor
Brenda TeterExecutive Di
Kathleen AmerongenSecretary/tr
Thomas RhodeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,281,878
Program Service Revenue
$1,800
Investment Income
$4,334
Other Revenue
$-66,128
All Other Contributions
$1,251,005
Change in Net Assets
$136,503
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$66,128
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5k Fundraiser$30,873-$66,128-
Total Events$30,873-$66,128$-66,128
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
No
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 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

Filer Name
This Old Horse Inc
EIN
45-4234611
Phone
6514371889
Address
13926 60TH STREET SOUTH, AFTON, MN 55001

Signing Officer

Name
Nancy Turner
Title
President
Phone
6514371889
Signed
2025-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Turner
Formed
2012
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
56
Volunteers
540

Preparer

Firm
Lewis Kisch & Associates Ltd
Address
1125 SOUTH FRONTAGE ROAD SUITE 1, HASTINGS, MN 55033-2489
Preparer
Diana L Weddigen
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, Page 2, Part III, Line 4A

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.

Form 990, Part IX, Line 24E

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

Form 990, Part XI, Line 9

Prior period adjustement for adjustements to horse inventory.

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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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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/ExplanationTxt1THIS 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/ExplanationTxt2NANCY TURNER KATHLEEN AMERONGEN PRESIDENT SEC/TREA SISTERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENFORCED ANNUALLY BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FEED 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/ExplanationTxt7PRIOR PERIOD ADJUSTEMENT FOR ADJUSTEMENTS TO HORSE INVENTORY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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