Civic Intelligence

The Joyful Horse Project

990 • Fiscal year 2017 • EIN 45-4522043

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 01, 2018

57 Treehaven CTThe Hills, TX 78738

(512) 467-4893

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.97x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

92nd percentile

1.36x

Higher debt load relative to revenue than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

14th percentile

-19%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

59th percentile

$37,000

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

4th percentile

-40%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

89th percentile

65%

Faster revenue growth than 89% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$288,285

Down $189,965 (-40%) from 2016

Net Assets

Down

$8,760

Down $38,286 (-81%) from 2016

Liabilities

Down

$279,525

Down $151,679 (-35%) from 2016

Revenue

Up

$206,011

Up $81,267 (+65%) from 2016

Expenses

Up

$244,297

Up $139,075 (+132%) from 2016

Net Income

Down

-$38,286

Down $57,808 (-296%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $17,983Liabilities 2014: $0Net Assets 2014: $17,9832014Assets 2015: $27,524Liabilities 2015: $0Net Assets 2015: $27,5242015Assets 2016: $478,250Liabilities 2016: $431,204Net Assets 2016: $47,0462016Assets 2017: $288,285Liabilities 2017: $279,525Net Assets 2017: $8,7602017Assets 2018: $286,157Liabilities 2018: $273,415Net Assets 2018: $12,7422018Assets 2019: $389,840Liabilities 2019: $360,131Net Assets 2019: $29,7092019Assets 2020: $352,014Liabilities 2020: $349,893Net Assets 2020: $2,1212020Assets 2021: $381,420Liabilities 2021: $160,418Net Assets 2021: $221,0022021Assets 2022: $359,245Liabilities 2022: $143,609Net Assets 2022: $215,6362022Assets 2023: $332,582Liabilities 2023: $132,552Net Assets 2023: $200,0302023Assets 2024: $318,385Liabilities 2024: $121,925Net Assets 2024: $196,4602024

Highlighted filing

2017

Assets$288,285
Liabilities$279,525
Net Assets$8,760

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $59,719Expenses 2014: $51,479Net Income 2014: $8,2402014Revenue 2015: $66,331Expenses 2015: $56,790Net Income 2015: $9,5412015Revenue 2016: $124,744Expenses 2016: $105,222Net Income 2016: $19,5222016Revenue 2017: $206,011Expenses 2017: $244,297Net Income 2017: -$38,2862017Revenue 2018: $260,215Expenses 2018: $256,233Net Income 2018: $3,9822018Revenue 2019: $331,416Expenses 2019: $314,449Net Income 2019: $16,9672019Revenue 2020: $296,527Expenses 2020: $324,115Net Income 2020: -$27,5882020Revenue 2021: $547,053Expenses 2021: $328,172Net Income 2021: $218,8812021Revenue 2022: $257,843Expenses 2022: $263,209Net Income 2022: -$5,3662022Revenue 2023: $248,799Expenses 2023: $277,511Net Income 2023: -$28,7122023Revenue 2024: $292,335Expenses 2024: $285,905Net Income 2024: $6,4302024

Highlighted filing

2017

Revenue$206,011
Expenses$244,297
Net Income-$38,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 1, 2018
Return Version
2017v2.3
Gross Receipts
$500,613
Mission and Program Overview

Mission

To serve as a resource for holistic equine rehabilitation, training and education to improve the quality of life for both horses and people.

We provide rehabilitation services for horses and equine learning programs for people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$439,234$240,463▼ $198,771
Loans From Officers Directors$300,000$60,000▼ $240,000
Cash and Non-Interest-Bearing Accounts$39,016$42,904▲ $3,888
Rtn Earn Endowment Incm Other Fnds$47,046$8,760▼ $38,286
Intangible Assets-$4,918-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$478,250$288,285▼ $189,965
Liabilities
Mortgage Notes Payable Secured by Investment Property$26,204$219,525▲ $193,321
Deferred Revenue$105,000--
Total Liabilities$431,204$279,525▼ $151,679
Net Assets / Fund Balance
Total Net Assets Fund Balance$47,046$8,760▼ $38,286
Total Liabilities and Net Assets / Fund Balance$478,250$288,285▼ $189,965

Asset Categories

AssetBook ValueDepreciationBasis
Land$133,251-$133,251
Buildings$77,715$1,598$79,313
Other Land Buildings$29,497$18,241$47,738
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Derek KnappProgram DirectorPT$37,000$37,000

Board Members and Trustees

NameTitle
Beth RandPresident
Alan BabinBoard Member
Jerry SchmeilBoard Member
Rick ZehrerBoard Member
Dee MarrsSecretary
Rick VandalenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$133,673
Program Service Revenue
$23,800
Investment Income
$5,109
Other Revenue
$43,429
All Other Contributions
$98,544
Change in Net Assets
$-38,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,051
Salaries, Compensation, and Employee Benefits$66,246
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,538--$61,538
Fees for Services Other$10,480$28,552-$39,032
Interest$19,673--$19,673
Depreciation Depletion$10,826$1,364-$12,190
Insurance$7,269$792-$8,061
All Other Expenses$4,352$3,550-$7,902
Occupancy$1,127$3,816-$4,943
Payroll Taxes$4,708--$4,708
Other Expenses$4,595--$4,595
Advertising$1,750--$1,750
Office Expenses-$1,378-$1,378
Fees for Services Accounting-$1,300-$1,300
Total Functional Expenses$203,545$40,752$0$244,297
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$84,440
Fundraising Direct Expenses$44,711
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$71,377$40,812$40,521$291
Nov. 5 Fundraiser$41,034$36,470$2,690$33,780
Total Events$112,411$77,282$44,711$32,571
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$300,000$60,000▼ $240,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Part VI, Section B, Line 11B

Management reviews the 990 with the cpa and distributes a copy to the board prior to filing with the irs.

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

Board members, officers and key employees must disclose conflicts as they occur and recuse themselves from voting on a particular issue if a conflict exists.

Form 990, Part VI, Section B, Line 15

Jhp does not currently have any paid officers or key employees.

Form 990, Part VI, Section C, Line 19

All required documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Joyful Horse Project
EIN
45-4522043
Phone
5124674893
Address
57 TREEHAVEN CT, THE HILLS, TX 78738

Signing Officer

Name
Beth Rand
Title
President
Phone
5124674893
Signed
2018-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Rand
Formed
2012
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
4
Volunteers
50

Preparer

Firm
Avenson Hamann Cpas Llp
Address
1779 WELLS BRANCH PKWY 110B-292, AUSTIN, TX 78728
Preparer
Catherine Avenson
Phone
5126939131
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Ranch workers: program service expenses 10,480. Management and general expenses 28,000. Fundraising expenses 0. Total expenses 38,480. Payroll fees: program service expenses 0. Management and general expenses 552. Fundraising expenses 0. Total expenses 552.

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IRS990/ProgSrvcAccomActy2Grp/Desc0THROUGH OUR TRAINING AND EDUCATIONAL PROGRAMS, WE HELP PEOPLE DEVELOP HEALTHY PARTNERHSIPS WITH HORSES. SINCE 2013, WE HAVE OFFERED A UNIQUE HORSEMANSHIP PROGRAM FOR VETERAN FAMILIES WHO WANT TO LEARN HOW TO CARE FOR AND WORK WITH OUR REHAB HORSES - THIS PROGRAM OFFERS MUTUAL HEALING BENEFITS TO BOTH THE HORSES AND THE MILITARY FAMILIES. MANY MORE VOLUNTEERS FROM THE COMMUNITY ALSO GET INVOLVED IN HELPING US WITH THE HORSES AND OUR VETERANS PROGRAM.
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IRS990/ProgSrvcAccomActy3Grp/Desc0DURING TIMES OF CRISIS, WE PARTNER WITH OTHER NONPROFITS AND INDIVIDUALS THROUGHOUT THE US TO PROVIDE RESOURCES FOR PEOPLE AND HORSES THAT ARE IN HARM'S WAY. THE BASTROP FIRES OF 2011 WERE THE GENESIS OF FORMING OUR NONPROFIT. SINCE THEN OUR VOLUNTEERS HAVE HELPED PROVIDE RESOURCES DURING THE AUSTIN FLOODS OF 2013 AND COLLABORATED WITH OTHER NONPROFIT ORGANIZATIONS TO MEET IMMEDIATE COMMUNITY NEEDS.
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt01250
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02450
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt047046
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0133673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt097392
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt082336
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt030508
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0393956
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01250
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017500
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018750
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt052900
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02450
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02450
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78940
IRS990ScheduleA/PublicSupportPY170Pct00.81090
IRS990ScheduleA/PublicSupportTotal170Amt0327718
IRS990ScheduleA/SubstantialContributorsTotAmt066238
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0133673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt097392
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt082336
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt050047
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt030508
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0393956
IRS990ScheduleA/TotalSupportAmt0415156
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt077715
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01598
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt079313
IRS990ScheduleD/LandGrp/BookValueAmt0133251
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0133251
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029497
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018241
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt047738
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0240463
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt035129
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt030565
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt04564
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044711
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NOV. 5 FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt01500
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt071377
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt041034
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0112411
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt040812
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt036470
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt077282
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt032571
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt043211
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt040521
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02690
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt060000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LAND PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0300000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BETH RAND TERRY SNIDER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BETH RAND IS A BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt060000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT REVIEWS THE 990 WITH THE CPA AND DISTRIBUTES A COPY TO THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES MUST DISCLOSE CONFLICTS AS THEY OCCUR AND RECUSE THEMSELVES FROM VOTING ON A PARTICULAR ISSUE IF A CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JHP DOES NOT CURRENTLY HAVE ANY PAID OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RANCH WORKERS: PROGRAM SERVICE EXPENSES 10,480. MANAGEMENT AND GENERAL EXPENSES 28,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,480. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 552. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 552.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0478250
IRS990/TotalAssetsEOYAmt0288285
IRS990/TotalAssetsGrp/BOYAmt0478250
IRS990/TotalAssetsGrp/EOYAmt0288285
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0133673
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040752
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0203545
IRS990/TotalFunctionalExpensesGrp/TotalAmt0244297
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0431204
IRS990/TotalLiabilitiesEOYAmt0279525
IRS990/TotalLiabilitiesGrp/BOYAmt0431204
IRS990/TotalLiabilitiesGrp/EOYAmt0279525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt047046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08760
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0203545
IRS990/TotalProgramServiceRevenueAmt023800
IRS990/TotalReportableCompFromOrgAmt037000
IRS990/TotalRevenueGrp/ExclusionAmt046088
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt026250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0206011
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0478250
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0288285
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt057 TREEHAVEN CT
IRS990/USAddress/CityNm0THE HILLS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078738
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.JOYFULHORSEPROJECT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETH RAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

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