Civic Intelligence

Windhorse Equine Learning

990 • Fiscal year 2023 • EIN 45-4587736

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 30, 2024

PO Box 11954Bozeman, MT 59719

(406) 522-3906

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.01x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

13th percentile

-38%

Higher net margin than 13% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$52,700

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 22.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

19th percentile

-27%

Faster asset growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$212,643

Down $77,526 (-27%) from 2022

Net Assets

Down

$209,909

Down $78,950 (-27%) from 2022

Liabilities

Up

$2,734

Up $1,424 (+109%) from 2022

Revenue

Down

$231,422

Down $79,466 (-26%) from 2022

Expenses

Up

$320,281

Up $101,066 (+46%) from 2022

Net Income

Down

-$88,859

Down $180,532 (-197%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2016: $37,136Liabilities 2016: $0Net Assets 2016: $37,1362016Assets 2017: $72,200Liabilities 2017: $02017Assets 2018: $66,526Net Assets 2018: $66,5262018Assets 2019: $127,763Liabilities 2019: $2,716Net Assets 2019: $125,0472019Assets 2020: $147,928Liabilities 2020: $1,326Net Assets 2020: $146,6022020Assets 2021: $219,115Liabilities 2021: $1,197Net Assets 2021: $217,9182021Assets 2022: $290,169Liabilities 2022: $1,310Net Assets 2022: $288,8592022Assets 2023: $212,643Liabilities 2023: $2,734Net Assets 2023: $209,9092023Assets 2024: $240,049Liabilities 2024: $2,255Net Assets 2024: $237,7942024

Highlighted filing

2023

Assets$212,643
Liabilities$2,734
Net Assets$209,909

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $31,226Expenses 2016: $23,384Net Income 2016: $7,8422016Revenue 2017: $66,051Expenses 2017: $31,435Net Income 2017: $34,6162017Revenue 2018: $63,397Expenses 2018: $67,766Net Income 2018: -$4,3692018Revenue 2019: $167,894Expenses 2019: $112,286Net Income 2019: $55,6082019Revenue 2020: $179,239Expenses 2020: $156,510Net Income 2020: $22,7292020Revenue 2021: $234,389Expenses 2021: $174,228Net Income 2021: $60,1612021Revenue 2022: $310,888Expenses 2022: $219,215Net Income 2022: $91,6732022Revenue 2023: $231,422Expenses 2023: $320,281Net Income 2023: -$88,8592023Revenue 2024: $358,139Expenses 2024: $335,349Net Income 2024: $22,7902024

Highlighted filing

2023

Revenue$231,422
Expenses$320,281
Net Income-$88,859
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 30, 2024
Return Version
2023v5.1
Gross Receipts
$247,670
Mission and Program Overview

Mission

Provide experiential and learning opportunities with horses.

Windhorse equine learning programs empower kids and teens to discover and realizetheir full potential through experiential learning with horses. Windhorse programsteach social emotional learning and horsemanship to facilitate personal growth, helpyouth build confidence and self-esteem, reduce stress and anxiety, and fosterawareness through the equine/human bond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$209,771$164,153▼ $45,618
Cash and Non-Interest-Bearing Accounts$72,930$43,632▼ $29,298
Land, Buildings, and Equipment, Net$6,468$3,858▼ $2,610
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$290,169$212,643▼ $77,526
Other Assets Total$1,000$1,000→ $0
Liabilities
Other Liabilities$1,310$2,734▲ $1,424
Total Liabilities$1,310$2,734▲ $1,424
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$274,872$209,909▼ $64,963
Net Assets With Donor Restrictions$13,987--
Total Net Assets Fund Balance$288,859$209,909▼ $78,950
Total Liabilities and Net Assets / Fund Balance$290,169$212,643▼ $77,526

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,661$15,139$17,800
Other Land Buildings$1,197$3,573$4,770
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Darcy MinterExecutive DirectorFT$52,700$52,700

Board Members and Trustees

NameTitle
Melody JusticeChairman
Patti DraudeVice Chairman
Krista SteudelDirector
Maddi CisiewskiDirector
Mariel ButanDirector
Michelle GriffithDirector
Erin AllisonSecretary
Christina RiekenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$163,024
Program Service Revenue
$34,122
Investment Income
$4,473
Other Revenue
$29,803
All Other Contributions
$136,580
Change in Net Assets
$-88,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,864
Total Fundraising Expense$112,920
Salaries, Compensation, and Employee Benefits$97,767
Professional Fundraising Fees$61,000
Grants and Similar Amounts Paid$5,650

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$61,000$61,000
Current Officers, Directors, Trustees, and Key Employees$25,000$12,500$12,500$50,000
Other Salaries and Wages$26,763-$7,464$34,227
Occupancy$26,007$2,067$2,066$30,140
All Other Expenses$2,882$1,863$12,680$17,425
Fees for Services Accounting-$12,299-$12,299
Payroll Taxes$4,757$4,314$1,769$10,840
Fees for Services Other$3,775-$6,564$10,339
Other Expenses$9,000--$9,000
Advertising$3,235$712$4,135$8,082
Grants to Domestic Individuals$5,650--$5,650
Information Technology$1,029$483$3,270$4,782
Insurance$2,875$870$36$3,781
Office Expenses$841$1,890$427$3,158
Other Employee Benefits$1,350$675$675$2,700
Depreciation Depletion$2,610--$2,610
Travel$1,002$763$334$2,099
Total Functional Expenses$168,925$38,436$112,920$320,281
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$61,000
Fundraising Gross Income$25,753
Fundraising Direct Expenses$16,248

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cowpokes$52,197$25,753-$25,753
Total Events$52,197$25,753$16,248$9,505
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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

A copy of form 990 and supporting schedules was provided to the board of directors prior to filing.

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

Annually, board members review the policy and sign a new conflict of interest policy confirmation.

Form 990, Part VI, Section C, Line 19

990, governing documents, policies, and financial statements are available for review upon request of an individual or other entity.

Filing and Contact Details

Filer

Filer Name
Windhorse Equine Learning
EIN
45-4587736
Phone
4065223906
Address
PO BOX 11954, BOZEMAN, MT 59719

Signing Officer

Name
Darcy Minter
Title
Executive Director
Signed
2024-08-30
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
7
Employees
8
Volunteers
27

Preparer

Firm
Amatics CPA Group
Address
45 Discovery Drive, Bozeman, MT 59718
Preparer
Christina Riekenberg
Phone
4064041925
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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/ActivityOrMissionDesc0WINDHORSE EQUINE LEARNING PROGRAMS EMPOWER KIDS AND TEENS TO DISCOVER AND REALIZETHEIR FULL POTENTIAL THROUGH EXPERIENTIAL LEARNING WITH HORSES. WINDHORSE PROGRAMSTEACH SOCIAL EMOTIONAL LEARNING AND HORSEMANSHIP TO FACILITATE PERSONAL GROWTH, HELPYOUTH BUILD CONFIDENCE AND SELF-ESTEEM, REDUCE STRESS AND ANXIETY, AND FOSTERAWARENESS THROUGH THE EQUINE/HUMAN BOND.
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IRS990/Desc0WINDHORSE EQUINE LEARNING PROVIDES EQUINE-ASSISTED LEARNING PROGRAMS TO YOUTH INGRADES 3-12. OUR MISSION IS TO PROVIDE KIDS AND TEENS WITH EXPERIENTIAL AND REFLECTIVE LEARNING OPPORTUNITIES WITH HORSES, EMPOWERING THEM TO DISCOVER AND REALIZE THEIR FULL POTENTIAL THROUGH THEIR PARTNERSHIP WITH A HORSE. OUR PROGRAMS FACILITATE PERSONAL GROWTH, HELP YOUTH BUILD CONFIDENCE AND SELF-ESTEEM, ENHANCE FOCUS, REDUCE STRESS AND ANXIETY, AND FOSTER SELF-DEVELOPMENT AND AWARENESS THROUGH THE EQUINE/HUMAN BOND. BY BUILDING LIFE SKILLS, COMPETENCIES AND CONFIDENCE, WE CREATE RESILIENT YOUTH WHO CAN SUCCESSFULLY NAVIGATE THEIR TEENAGE YEARS AND BECOME LEADERS AMONG THEIR PEERS AND PRODUCTIVE AND CONTRIBUTING MEMBERS OF OUR COMMUNITY. OUR YEAR-ROUND PROGRAMMING, INCLUDING SCHOOL-YEAR PROGRAMS, SUMMER CAMPS AND SCHOOL FIELD TRIPS, GIVES YOUTH OPPORTUNITIES THROUGHOUT THE YEAR TO DEVELOP PHYSICALLY, MENTALLY, EMOTIONALLY AND SOCIALLY. OUR EIGHT LEVELS OF CURRICULUM TEACH LEADERSHIP, RELATIONSHIP/PARTNERSHIP, RESPONSIBILITY, TRUST, EMPATHY, RESILIENCE, AWARENESS AND CONNECTION BY CONSIDERING THE HORSE'S PERSPECTIVE AND NEEDS, AND THEN RELATING IT TO HUMANS. PROGRAM PARTICIPANTS PRACTICE THESE LEARNED ASSETS WITH THEIR HORSES AS WELL AS WITH THEIR PROGRAM PARTNERS, VOLUNTEERS AND INSTRUCTORS.WINDHORSE ALSO OFFERS A CLASS FOR TEENS SUFFERING FROM ANXIETY THAT INCORPORATESMINDFULNESS AND YOGA WITH HORSEMANSHIP. EIGHTY-SIX PERCENT OF TEENS IN THE PROGRAMSHOWED SIGNIFICANT DECREASES IN ANXIETY THROUGHOUT THE COURSE. WINDHORSE PROGRAMS ARE ESPECIALLY BENEFICIAL FOR YOUTH WHO HAVE EXPERIENCED OR ARE EXPERIENCING TRAUMA.INTERVENTIONS LIKE EQUINE-ASSISTED LEARNING CAN PROVIDE YOUNG PEOPLE WHO HAVEEXPERIENCED TRAUMA WITH THE SUPPORT THEY NEED TO HELP THEM RECOVER FROM THE EFFECTSOF THEIR EXPERIENCES WHILE PROVIDING A SAFE, STABLE AND POSITIVE ENVIRONMENT AMONGSUPPORTIVE ADULTS. THE WINDHORSE VOLUNTEER TEAM AND STAFF INSTRUCTORS ARE TRAINED INTRAUMA-INFORMED PRACTICES IN ORDER TO BETTER IDENTIFY AND SUPPORT THE NEEDS OF YOUTHWHO HAVE EXPERIENCED TRAUMA.SINCE 2013, WINDHORSE HAS SERVED 573 YOUTH. EVERY YEAR, WINDHORSE CONTINUES TO EXPAND THE NUMBER OF YOUTH WE SERVE, AND TO REACH OUT TO DIVERSE POPULATIONS OF YOUTH WHO WILL BENEFIT FROM OUR PROGRAMS. MANY OF THESE YOUTH COME FROM ECONOMICALLYDISADVANTAGED FAMILIES. SINCE 2013, WINDHORSE HAS PROVIDED 273 SCHOLARSHIPS TOTALINGMORE THAN $42,000.
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IRS990/IRPDocumentCnt013
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0288859
IRS990/NetAssetsOrFundBalancesEOYAmt0209909
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt09505
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0274872
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/FundraisingAmt02066
IRS990/OccupancyGrp/ManagementAndGeneralAmt02067
IRS990/OccupancyGrp/ProgramServicesAmt026007
IRS990/OccupancyGrp/TotalAmt030140
IRS990/OfficeExpensesGrp/FundraisingAmt0427
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IRS990/OfficeExpensesGrp/ProgramServicesAmt0841
IRS990/OfficeExpensesGrp/TotalAmt03158
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IRS990/OtherAssetsTotalGrp/BOYAmt01000
IRS990/OtherAssetsTotalGrp/EOYAmt01000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0675
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0675
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01350
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02700
IRS990/OtherExpensesGrp/Desc0HAY & FEED
IRS990/OtherExpensesGrp/Desc1FACILITY EXPENSE
IRS990/OtherExpensesGrp/Desc2VETERINARY/FARRIER
IRS990/OtherExpensesGrp/Desc3HORSE RENTAL
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IRS990/OtherExpensesGrp/ProgramServicesAmt118894
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IRS990/OtherExpensesGrp/TotalAmt118894
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IRS990/OtherRevenueMiscGrp/Desc0HORSE BOARDING/LEASING
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IRS990/OtherRevenueMiscGrp/ExclusionAmt1577
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1577
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07464
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026763
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IRS990/OtherWebsiteInd0X
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IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01769
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04314
IRS990/PayrollTaxesGrp/ProgramServicesAmt04757
IRS990/PayrollTaxesGrp/TotalAmt010840
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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0259997
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01163
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IRS990/PYRevenuesLessExpensesAmt091673
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IRS990/QuidProQuoContributionsInd0true
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-88859
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt034122
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0169485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0148205
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0153773
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0238
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09666
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt028472
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt08800
IRS990ScheduleA/OtherIncome170Grp/TotalAmt079873
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt0894484
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0163024
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02661
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015139
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017800
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01197
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03573
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
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IRS990ScheduleD/TotalLiabilityAmt02734
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IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CAPITAL CAMPAIGN
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IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0THE BANNACK GROUP
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt060000
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0MT
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt026444
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt026444
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016248
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02744

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