Civic Intelligence

Handi Riders Inc DBA Horsepower

990 • Fiscal year 2020 • EIN 46-0378036

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

26659 Blue Sage Lane Ste 100Sioux Falls, SD 57106

(605) 251-1685

Siviq Scores

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

Liabilities / Assets

84th percentile

0.33x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.25x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

38th percentile

-1.0%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

95th percentile

$64,583

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 28.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

67th percentile

20%

Faster asset growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

6.3%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$175,120

Up $29,101 (+20%) from 2019

Net Assets

Down

$117,654

Down $2,256 (-1.9%) from 2019

Liabilities

Up

$57,466

Up $31,357 (+120%) from 2019

Revenue

Up

$228,852

Up $13,547 (+6.3%) from 2019

Expenses

Up

$231,108

Up $32,431 (+16%) from 2019

Net Income

Down

-$2,256

Down $18,884 (-114%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $56,405Liabilities 2010: $1,927Net Assets 2010: $54,4782010Assets 2011: $70,289Liabilities 2011: $6,242Net Assets 2011: $64,0472011Assets 2012: $173,319Liabilities 2012: $8,019Net Assets 2012: $165,3002012Assets 2013: $180,641Liabilities 2013: $11,607Net Assets 2013: $169,0342013Assets 2014: $162,676Liabilities 2014: $13,706Net Assets 2014: $148,9702014Assets 2015: $140,771Liabilities 2015: $22,913Net Assets 2015: $117,8582015Assets 2016: $148,916Liabilities 2016: $21,480Net Assets 2016: $127,4362016Assets 2017: $138,507Liabilities 2017: $27,135Net Assets 2017: $111,3722017Assets 2018: $136,192Liabilities 2018: $32,910Net Assets 2018: $103,2822018Assets 2019: $146,019Liabilities 2019: $26,109Net Assets 2019: $119,9102019Assets 2020: $175,120Liabilities 2020: $57,466Net Assets 2020: $117,6542020Assets 2021: $208,076Liabilities 2021: $31,229Net Assets 2021: $176,8472021Assets 2022: $175,198Liabilities 2022: $22,407Net Assets 2022: $152,7912022Assets 2023: $123,039Liabilities 2023: $19,004Net Assets 2023: $104,0352023Assets 2024: $149,166Liabilities 2024: $22,367Net Assets 2024: $126,7992024

Highlighted filing

2020

Assets$175,120
Liabilities$57,466
Net Assets$117,654

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $152,126Expenses 2010: $108,455Net Income 2010: $43,6712010Revenue 2011: $186,547Expenses 2011: $176,978Net Income 2011: $9,5692011Expenses 2012: $206,6622012Revenue 2013: $197,751Expenses 2013: $194,517Net Income 2013: $3,2342013Revenue 2014: $181,128Expenses 2014: $201,192Net Income 2014: -$20,0642014Revenue 2015: $165,762Expenses 2015: $196,874Net Income 2015: -$31,1122015Revenue 2016: $206,417Expenses 2016: $196,839Net Income 2016: $9,5782016Revenue 2017: $205,054Expenses 2017: $221,118Net Income 2017: -$16,0642017Revenue 2018: $229,936Expenses 2018: $238,026Net Income 2018: -$8,0902018Revenue 2019: $215,305Expenses 2019: $198,677Net Income 2019: $16,6282019Revenue 2020: $228,852Expenses 2020: $231,108Net Income 2020: -$2,2562020Revenue 2021: $316,417Expenses 2021: $257,224Net Income 2021: $59,1932021Revenue 2022: $216,674Expenses 2022: $240,730Net Income 2022: -$24,0562022Revenue 2023: $221,347Expenses 2023: $270,103Net Income 2023: -$48,7562023Revenue 2024: $232,714Expenses 2024: $209,950Net Income 2024: $22,7642024

Highlighted filing

2020

Revenue$228,852
Expenses$231,108
Net Income-$2,256
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$248,471
Mission and Program Overview

Mission

Equestrian programs/therapies for individuals with physical, emotional, and/or cognitive challenges in a quest for personal independence, accomplishment, self-pride and well-being.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,073$70,223▲ $54,150
Land, Buildings, and Equipment, Net$76,268$69,573▼ $6,695
Pledges and Grants Receivable$20,000--
Savings and Temporary Cash Investments$15,469$12,974▼ $2,495
Prepaid Expenses and Deferred Charges$6,150$11,233▲ $5,083
Accounts Receivable$12,059$11,117▼ $942
Total Assets$146,019$175,120▲ $29,101
Liabilities
Unsecured Notes Loans Payable-$21,800-
Accounts Payable and Accrued Expenses$10,024$17,610▲ $7,586
Deferred Revenue$7,923$9,335▲ $1,412
Other Liabilities$8,162$8,721▲ $559
Total Liabilities$26,109$57,466▲ $31,357
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$113,543$107,552▼ $5,991
Net Assets With Donor Restrictions$6,367$10,102▲ $3,735
Total Net Assets Fund Balance$119,910$117,654▼ $2,256
Total Liabilities and Net Assets / Fund Balance$146,019$175,120▲ $29,101

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$63,659$60,102$123,761
Equipment$5,414$8,694$14,108
Other Land Buildings$500$1,500$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margaret DoomExecutive DiFT$64,583$64,583

Board Members and Trustees

NameTitle
Michael SchellingPresident
Jason SchroederDirector
Nick HougeDirector
Teri AbelDirector
Maurieva LykkenSecretary
Marisa DraperTreasurer
Michael MartinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$153,362
Program Service Revenue
$54,232
Investment Income
$214
Other Revenue
$21,044
All Other Contributions
$153,362
Change in Net Assets
$-2,256

Audited Revenue Reconciliation

Revenue per Audited Statements
$228,450
Revenue Not Reported on Financial Statements
$402
Revenue Not Reported on Form 990
$36,659
Other Revenue Adjustments
$402
Total Revenue per Audited Statements
$265,109
Total Revenue per Form 990
$228,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$141,815
Other Expenses$89,293
Total Fundraising Expense$19,128
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,621$10,362$10,362$67,345
Current Officers, Directors, Trustees, and Key Employees$51,667$6,458$6,458$64,583
Fees for Services Other$26,991$1,323-$28,314
Insurance$9,134$673$668$10,475
Occupancy$9,775$231$231$10,237
Payroll Taxes$7,417$1,235$1,235$9,887
Fees for Services Accounting-$8,334-$8,334
Depreciation Depletion$8,111--$8,111
Office Expenses$4,566$828$174$5,568
Other Expenses$1,768$451-$2,219
Total Functional Expenses$182,085$29,895$19,128$231,108

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$267,365
Expenses per Audited Statements$231,108
Total Expenses per Form 990$231,108
Expenses Not Reported on Form 990$36,257
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,838
Fundraising Direct Expenses$7,685
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Client Fundraiser Credits Unused$8,721
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Conflict-of-interest policy
No
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 8B

There are no committees with broad authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

Form 990 will be approved by the board of directors prior to submission to the irs.

Form 990, Page 6, Part VI, Line 15A

Annually the board of directors review and approve employee compensation. This process was last undertaken in 2020.

Form 990, Page 6, Part VI, Line 15B

Annually the board of directors review and approve employee compensation. This process was last undertaken in 2020.

Form 990, Page 6, Part VI, Line 19

The governing documents and financial statements are not open to the public.

Filing and Contact Details

Filer

Filer Name
Handi Riders Inc
EIN
46-0378036
Phone
6052511685
Address
26659 BLUE SAGE LANE STE 100, SIOUX FALLS, SD 57106
Doing Business As
Horsepower

Signing Officer

Name
Margaret Doom
Title
Executive Director
Phone
6052511685
Signed
2021-11-12

Organization Details

Principal Officer
Margaret Doom
Formed
1984
Legal Domicile
Sd
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
60

Preparer

Firm
Dakota CPA
Address
5617 S SOUTHEASTERN AVE, SIOUX FALLS, SD 57108
Preparer
Michael L Schelling CPA
Phone
6057056350
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

To provide therapeutic horsemanship programs for people of all ages with physical, emotional, and cognitive disabilities in the sioux falls regional area in the form of hippotherapy, therapeutic riding, and ground work. Continued reported improvements in riders' large muscle group strength, favorable response to authority, and increased self-confidence drive the need for horsemanship programs for riders with various disabilities in the community. Horsepower is the only year-round facility of its kind in the state of south dakota, and the only facility that serves the greater sioux falls south dakota region. In 2020, approximately 64 unique individuals were served across 845 service hours. Because of the nature of our ridership and their continued financial limitations, nearly 65 percent on average each year require some type of financial assistance to participate in the program, our scholarship fund ensures that those riders with the greatest need are able to participate. In 2020, fundraising efforts for the scholarship program raised 25,393 through community and state grants, individual donations, sponsorships, and fundraising events.

Form 990, Part IX, Line 11G

Therapist fees 26,991 0 0 marketing 0 1,323 0 total 26,991 1,323 0

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

BAD DEBT EXPENSE 402

Schedule D, Page 4, Part XII, Line 2D

BAD DEBT EXPENSE -402

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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0HORSE EXPENSES
IRS990/OtherExpensesGrp/Desc1TRACTOR LEASE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0451
IRS990/OtherExpensesGrp/ProgramServicesAmt013527
IRS990/OtherExpensesGrp/ProgramServicesAmt12508
IRS990/OtherExpensesGrp/ProgramServicesAmt21768
IRS990/OtherExpensesGrp/TotalAmt013527
IRS990/OtherExpensesGrp/TotalAmt12508
IRS990/OtherExpensesGrp/TotalAmt22219
IRS990/OtherLiabilitiesGrp/BOYAmt08162
IRS990/OtherLiabilitiesGrp/EOYAmt08721
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0BOARDING FEES
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010028
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16863
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010028
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16863
IRS990/OtherRevenueTotalAmt016891
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010362
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010362
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt046621
IRS990/OtherSalariesAndWagesGrp/TotalAmt067345
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01235
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01235
IRS990/PayrollTaxesGrp/ProgramServicesAmt07417
IRS990/PayrollTaxesGrp/TotalAmt09887
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06150
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011233
IRS990/PrincipalOfficerNm0MARGARET DOOM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt054232
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt054232
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0116449
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-849
IRS990/PYOtherExpensesAmt087281
IRS990/PYOtherRevenueAmt019059
IRS990/PYProgramServiceRevenueAmt080646
IRS990/PYRevenuesLessExpensesAmt016628
IRS990/PYSalariesCompEmpBnftPaidAmt0111396
IRS990/PYTotalExpensesAmt0198677
IRS990/PYTotalRevenueAmt0215305
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-2256
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt054232
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015469
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012974
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISER GROSS RECEIPTS 87,136 OTHER INCOME 632
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0153362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0116449
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0147315
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0126769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0135281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0679176
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0108
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0370872
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt011838
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt029798
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt027103
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt017113
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt013754
IRS990ScheduleA/OtherIncome170Grp/TotalAmt099606
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80200
IRS990ScheduleA/PublicSupportPY170Pct00.79610
IRS990ScheduleA/PublicSupportTotal170Amt0624631
IRS990ScheduleA/SubstantialContributorsTotAmt054545
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0153362
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0116449
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0147315
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0126769
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0135281
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0679176
IRS990ScheduleA/TotalSupportAmt0778890
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt036659
IRS990ScheduleD/DonatedServicesUseFcltsAmt036659
IRS990ScheduleD/EquipmentGrp/BookValueAmt05414
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08694
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014108
IRS990ScheduleD/ExpensesNotReportedAmt036257
IRS990ScheduleD/ExpensesSubtotalAmt0231108
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt063659
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt060102
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0123761
IRS990ScheduleD/OtherExpensesIncludedAmt0-402
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0500
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01500
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08721
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CLIENT FUNDRAISER CREDITS UNUSED
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0402
IRS990ScheduleD/RevenueNotReportedAmt036659
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0402
IRS990ScheduleD/RevenueSubtotalAmt0228450
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BAD DEBT EXPENSE 402
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BAD DEBT EXPENSE -402
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt069573
IRS990ScheduleD/TotalExpensesPerForm990Amt0231108
IRS990ScheduleD/TotalLiabilityAmt08721
IRS990ScheduleD/TotalRevenuePerForm990Amt0228852
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0265109
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0267365
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE THERAPEUTIC HORSEMANSHIP PROGRAMS FOR PEOPLE OF ALL AGES WITH PHYSICAL, EMOTIONAL, AND COGNITIVE DISABILITIES IN THE SIOUX FALLS REGIONAL AREA IN THE FORM OF HIPPOTHERAPY, THERAPEUTIC RIDING, AND GROUND WORK. CONTINUED REPORTED IMPROVEMENTS IN RIDERS' LARGE MUSCLE GROUP STRENGTH, FAVORABLE RESPONSE TO AUTHORITY, AND INCREASED SELF-CONFIDENCE DRIVE THE NEED FOR HORSEMANSHIP PROGRAMS FOR RIDERS WITH VARIOUS DISABILITIES IN THE COMMUNITY. HORSEPOWER IS THE ONLY YEAR-ROUND FACILITY OF ITS KIND IN THE STATE OF SOUTH DAKOTA, AND THE ONLY FACILITY THAT SERVES THE GREATER SIOUX FALLS SOUTH DAKOTA REGION. IN 2020, APPROXIMATELY 64 UNIQUE INDIVIDUALS WERE SERVED ACROSS 845 SERVICE HOURS. BECAUSE OF THE NATURE OF OUR RIDERSHIP AND THEIR CONTINUED FINANCIAL LIMITATIONS, NEARLY 65 PERCENT ON AVERAGE EACH YEAR REQUIRE SOME TYPE OF FINANCIAL ASSISTANCE TO PARTICIPATE IN THE PROGRAM, OUR SCHOLARSHIP FUND ENSURES THAT THOSE RIDERS WITH THE GREATEST NEED ARE ABLE TO PARTICIPATE. IN 2020, FUNDRAISING EFFORTS FOR THE SCHOLARSHIP PROGRAM RAISED 25,393 THROUGH COMMUNITY AND STATE GRANTS, INDIVIDUAL DONATIONS, SPONSORSHIPS, AND FUNDRAISING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WILL BE APPROVED BY THE BOARD OF DIRECTORS PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY THE BOARD OF DIRECTORS REVIEW AND APPROVE EMPLOYEE COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUALLY THE BOARD OF DIRECTORS REVIEW AND APPROVE EMPLOYEE COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT OPEN TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERAPIST FEES 26,991 0 0 MARKETING 0 1,323 0 TOTAL 26,991 1,323 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SpecialConditionDesc0EXTENSION GRANTED TO 11152021
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0146019
IRS990/TotalAssetsEOYAmt0175120
IRS990/TotalAssetsGrp/BOYAmt0146019
IRS990/TotalAssetsGrp/EOYAmt0175120
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0153362
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019128
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029895
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0182085
IRS990/TotalFunctionalExpensesGrp/TotalAmt0231108
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026109
IRS990/TotalLiabilitiesEOYAmt057466
IRS990/TotalLiabilitiesGrp/BOYAmt026109
IRS990/TotalLiabilitiesGrp/EOYAmt057466
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0119910
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0117654
IRS990/TotalProgramServiceExpensesAmt0182085
IRS990/TotalProgramServiceRevenueAmt054232
IRS990/TotalReportableCompFromOrgAmt064583
IRS990/TotalRevenueGrp/ExclusionAmt04164
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt071326

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.22$1.27$2.33$2.10$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.19$1.04$2.21$2.70$0.49
2022Detailed filing. Detailed filing data is available for this year.$1.75$0.22$1.53$2.17$2.41$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.31$1.77$3.16$2.57$0.59
2020Detailed filing. Detailed filing data is available for this year.$1.75$0.57$1.18$2.29$2.31$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.26$1.20$2.15$1.99$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.36$0.33$1.03$2.30$2.38$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.39$0.27$1.11$2.05$2.21$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.49$0.21$1.27$2.06$1.97$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.23$1.18$1.66$1.97$0.31
2014Detailed filing. Detailed filing data is available for this year.$1.63$0.14$1.49$1.81$2.01$0.20
2013Detailed filing. Detailed filing data is available for this year.$1.81$0.12$1.69$1.98$1.95$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.08$1.65$2.07
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.06$0.64$1.87$1.77$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.02$0.54$1.52$1.08$0.44