Civic Intelligence

The Joyful Horse Project

990 • Fiscal year 2018 • EIN 45-4522043

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 26, 2019

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

94th percentile

0.96x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

1.05x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

46th percentile

1.5%

Higher net margin than 46% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

95th percentile

$61,846

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 23.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

44th percentile

-0.7%

Faster asset growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$286,157

Down $2,128 (-0.7%) from 2017

Net Assets

Up

$12,742

Up $3,982 (+45%) from 2017

Liabilities

Down

$273,415

Down $6,110 (-2.2%) from 2017

Revenue

Up

$260,215

Up $54,204 (+26%) from 2017

Expenses

Up

$256,233

Up $11,936 (+4.9%) from 2017

Net Income

Up

$3,982

Up $42,268 (+110%) from 2017

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

2018

Assets$286,157
Liabilities$273,415
Net Assets$12,742

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

2018

Revenue$260,215
Expenses$256,233
Net Income$3,982
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 26, 2019
Return Version
2018v3.1
Gross Receipts
$307,272
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$240,463$228,858▼ $11,605
Loans From Officers Directors$60,000$60,000→ $0
Cash and Non-Interest-Bearing Accounts$42,904$53,454▲ $10,550
Rtn Earn Endowment Incm Other Fnds$8,760$12,742▲ $3,982
Intangible Assets$4,918$3,845▼ $1,073
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$288,285$286,157▼ $2,128
Liabilities
Mortgage Notes Payable Secured by Investment Property$219,525$213,415▼ $6,110
Total Liabilities$279,525$273,415▼ $6,110
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,760$12,742▲ $3,982
Total Liabilities and Net Assets / Fund Balance$288,285$286,157▼ $2,128

Asset Categories

AssetBook ValueDepreciationBasis
Land$133,251-$133,251
Buildings$75,681$3,632$79,313
Other Land Buildings$19,926$24,462$44,388
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Derek KnappProgram DirectorPT$61,846$61,846

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
$248,574
Program Service Revenue
$23,100
Investment Income
$-2,529
Other Revenue
$-8,930
All Other Contributions
$94,916
Change in Net Assets
$3,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$153,753
Other Expenses$102,480
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$142,827--$142,827
Interest$19,517--$19,517
Fees for Services Other$12,000$780-$12,780
Depreciation Depletion$12,599--$12,599
Insurance$9,235$1,715-$10,950
Payroll Taxes$10,926--$10,926
Other Expenses$4,590--$4,590
All Other Expenses$2,987$185-$3,172
Fees for Services Accounting-$1,300-$1,300
Total Functional Expenses$252,253$3,980$0$256,233
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$44,528
Fundraising Gross Income$35,479
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$107,801$30,648$16,600$14,048
Fall Fundraiser$81,336$4,831$7,600$-2,769
Total Events$189,137$35,479$44,528$-9,049
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sharon KnappMother of Board MemberEmployeeNo$30,582

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$60,000$60,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
Yes
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
Doing Business As
Restoration Ranch

Signing Officer

Name
Beth Rand
Title
President
Phone
5124674893
Signed
2019-06-26
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
9
Volunteers
200

Preparer

Firm
Avenson Hamann Cpas Llp
Address
1779 WELLS BRANCH PKWY 110B-292, AUSTIN, TX 78728
Preparer
Catherine Avenson
Phone
5126939131
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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt050047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0612022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01250
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017500
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018750
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt065465
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0119
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02450
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02569
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86010
IRS990ScheduleA/PublicSupportPY170Pct00.78940
IRS990ScheduleA/PublicSupportTotal170Amt0544740
IRS990ScheduleA/SubstantialContributorsTotAmt067282
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0248574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0133673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt097392
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt082336
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050047
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0612022
IRS990ScheduleA/TotalSupportAmt0633341
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt075681
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03632
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt079313
IRS990ScheduleD/LandGrp/BookValueAmt0133251
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0133251
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019926
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024462
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044388
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0228858
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0153658
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt077153
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt076505
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044528
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0107801
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt081336
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0189137
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030648
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt04831
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt035479
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-9049
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0300
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0300
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt024200
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016600
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07600
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt017109
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt02419
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt019528
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SHARON KNAPP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0MOTHER OF BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt030582
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0EMPLOYEE
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/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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0288285
IRS990/TotalAssetsEOYAmt0286157
IRS990/TotalAssetsGrp/BOYAmt0288285
IRS990/TotalAssetsGrp/EOYAmt0286157
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0248574
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03980
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0252253
IRS990/TotalFunctionalExpensesGrp/TotalAmt0256233
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0279525
IRS990/TotalLiabilitiesEOYAmt0273415
IRS990/TotalLiabilitiesGrp/BOYAmt0279525
IRS990/TotalLiabilitiesGrp/EOYAmt0273415
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08760
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012742
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0252253
IRS990/TotalProgramServiceRevenueAmt023100
IRS990/TotalReportableCompFromOrgAmt061846
IRS990/TotalRevenueGrp/ExclusionAmt0-11578
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023219
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0260215
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0288285
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0286157
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETH RAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05124674893
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE JOYFUL HORSE PROJECT

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