Civic Intelligence

Horsepower Foundation Inc

990 • Fiscal year 2016 • EIN 46-3131465

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 25, 2017

Organization ProfileN/A
8001 Leabourne RoadColfax, NC 27235

(336) 706-1831

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE P • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE P • $500k-$1M nonprofits • Source year 2016

Net Margin

98th percentile

95%

Higher net margin than 98% of similar nonprofits.

2016 filings • NTEE P • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

60th percentile

$54,602

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 45.9% of source-year revenue.

2016 filings • NTEE P • $500k-$1M nonprofits • Source year 2016

Asset Growth

29th percentile

-5.2%

Faster asset growth than 29% of similar nonprofits.

2016 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

3rd percentile

-53%

Faster revenue growth than 3% of similar nonprofits.

2016 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$846,235

Down $46,782 (-5.2%) from 2015

Net Assets

Up

$846,235

Up $117,167 (+16%) from 2015

Liabilities

Down

$0

Down $163,949 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin98th percentile

Revenue

Down

$119,061

Down $132,121 (-53%) from 2015

Expenses

Down

$5,940

Down $762 (-11%) from 2015

Net Income

Down

$113,121

Down $131,359 (-54%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$3.0M$2.0M$1.0M$0Assets 2013: $520,461Liabilities 2013: $432,730Net Assets 2013: $87,7312013Assets 2014: $602,175Liabilities 2014: $196,121Net Assets 2014: $406,0542014Assets 2015: $893,017Liabilities 2015: $163,949Net Assets 2015: $729,0682015Assets 2016: $846,235Liabilities 2016: $0Net Assets 2016: $846,2352016Assets 2017: $1,312,449Liabilities 2017: $131,238Net Assets 2017: $1,181,2112017Assets 2018: $1,545,180Liabilities 2018: $129,697Net Assets 2018: $1,415,4832018Assets 2019: $1,588,425Liabilities 2019: $0Net Assets 2019: $1,588,4252019Assets 2020: $1,628,383Liabilities 2020: $0Net Assets 2020: $1,628,3832020Assets 2021: $1,659,596Liabilities 2021: $0Net Assets 2021: $1,659,5962021Assets 2022: $1,798,051Liabilities 2022: $500Net Assets 2022: $1,797,5512022Assets 2023: $1,933,688Liabilities 2023: $0Net Assets 2023: $1,933,6882023Assets 2024: $2,166,518Liabilities 2024: $700Net Assets 2024: $2,165,8182024

Highlighted filing

2016

Assets$846,235
Liabilities$0
Net Assets$846,235
Open 2016 Filing

Operations Trend

Revenue Growth3rd percentile

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

$400K$300K$200K$100K$0Revenue 2013: $87,731Expenses 2013: $0Net Income 2013: $87,7312013Revenue 2014: $318,323Expenses 2014: $0Net Income 2014: $318,3232014Revenue 2015: $251,182Expenses 2015: $6,702Net Income 2015: $244,4802015Revenue 2016: $119,061Expenses 2016: $5,940Net Income 2016: $113,1212016Revenue 2017: $351,367Expenses 2017: $29,601Net Income 2017: $321,7662017Revenue 2018: $275,130Expenses 2018: $40,858Net Income 2018: $234,2722018Revenue 2019: $274,194Expenses 2019: $101,252Net Income 2019: $172,9422019Revenue 2020: $98,104Expenses 2020: $58,146Net Income 2020: $39,9582020Revenue 2021: $85,095Expenses 2021: $53,882Net Income 2021: $31,2132021Revenue 2022: $193,395Expenses 2022: $55,440Net Income 2022: $137,9552022Revenue 2023: $200,156Expenses 2023: $64,019Net Income 2023: $136,1372023Revenue 2024: $339,145Expenses 2024: $81,489Net Income 2024: $257,6562024

Highlighted filing

2016

Revenue$119,061
Expenses$5,940
Net Income$113,121
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 25, 2017
Return Version
2016v3.0
Gross Receipts
$119,061
Mission and Program Overview

Mission

To raise funds and assets for the benefit of Horsepower, Inc, DBA Horsepower Therapeudic Learning Center, a North Carolina nonprofit corporation whose mission is to promote and enhance the welfare of individuals with disabilities by providing a program of therapeudic, educational and recreational value.

To raise funds and assets for the benefit of horsepower, inc., dba horsepower therapeutic learning center, a north carolina nonprofit corporation whose mission is to promote and enhance the welfare of individuals with disabilities by providing a program of therapeutic, educational and recreational value.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$568,632$661,614▲ $92,982
Cash and Non-Interest-Bearing Accounts$306,720$184,539▼ $122,181
Pledges and Grants Receivable$17,650--
Accounts Receivable$15$82▲ $67
Total Assets$893,017$846,235▼ $46,782
Liabilities
Mortgage Notes Payable Secured by Investment Property$163,949--
Total Liabilities$163,949$0▼ $163,949
Net Assets / Fund Balance
Unrestricted Net Assets$711,418$846,235▲ $134,817
Temporarily Rstr Net Assets$17,650--
Total Net Assets Fund Balance$729,068$846,235▲ $117,167
Total Liabilities and Net Assets / Fund Balance$893,017$846,235▼ $46,782

Asset Categories

AssetBook ValueDepreciationBasis
Land$388,847-$388,847
Other Land Buildings$272,767$46$272,813
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jan CliffordExecutive DiPT$54,602$54,602

Board Members and Trustees

NameTitle
Dan RiceChair
Bernard CarreyDirector
Pat RosserDirector
Tim CliffordDirector
Trish IdlerSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$117,938
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,123
All Other Contributions
$107,938
Change in Net Assets
$113,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,940
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$3,955-$3,955
Occupancy$885--$885
Insurance$595--$595
Other Expenses$65--$65
Depreciation Depletion$46--$46
Total Functional Expenses$1,985$3,955$0$5,940
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Jan clifford tim clifford exec dir. Director spouse”

Form 990, Page 6, Part VI, Line 8B

“No committees have authority to act on behalf of the board of directors.”

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

“Form 990 is reviewed by the treasurer of the organization.”

Form 990, Page 6, Part VI, Line 12C

“Board members and officers are asked annually to disclose any interest that could give rise to conflicts.”

Form 990, Page 6, Part VI, Line 19

“Documents required to be open to the public are available upon request.”

Filing and Contact Details

Filer

Filer Name
Horsepower Foundation Inc
EIN
46-3131465
Phone
3367061831
Address
8001 LEABOURNE ROAD, COLFAX, NC 27235

Signing Officer

Name
Jan Clifford
Title
Executive Director
Phone
3367061831
Signed
2017-07-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jan Clifford
Formed
2013
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
50

Preparer

Firm
Robertson Neal & Company Llp
Address
PO BOX 2367, GREENSBORO, NC 27402-2367
Preparer
Linda L Bridges CPA
Phone
3363799932
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To raise funds and assets for the benefit of horsepower, inc., dba horsepower therapeutic learning center, a north carolina nonprofit corporation whose mission is to promote and enhance the welfare of individuals with disabilities by providing a program of therapeutic, educational and recreational value.”

Raw XML Appendix384 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt015
IRS990/AccountsReceivableGrp/EOYAmt082
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO RAISE FUNDS AND ASSETS FOR THE BENEFIT OF HORSEPOWER, INC., DBA HORSEPOWER THERAPEUTIC LEARNING CENTER, A NORTH CAROLINA NONPROFIT CORPORATION WHOSE MISSION IS TO PROMOTE AND ENHANCE THE WELFARE OF INDIVIDUALS WITH DISABILITIES BY PROVIDING A PROGRAM OF THERAPEUTIC, EDUCATIONAL AND RECREATIONAL VALUE.
IRS990/AllOtherContributionsAmt0107938
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JAN CLIFFORD
IRS990/BooksInCareOfDetail/PhoneNum03367061831
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08001 LEABOURNE RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLFAX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027235
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0306720
IRS990/CashNonInterestBearingGrp/EOYAmt0184539
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0117938
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt05940
IRS990/CYOtherRevenueAmt01123
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0113121
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt05940
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0119061
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt046
IRS990/DepreciationDepletionGrp/TotalAmt046
IRS990/Desc0ACCOMPLISHED LAND IMPROVEMENTS ON PROPERTY THAT WILL EVENTUALLY BE USED BY HORSEPOWER, INC. FOR EQUESTRIAN PROGRAMS AND ADMINISTRATIVE OFFICES. FINISHED LAND CLEARING AND GRADING AND FENCE CONSTRUCTION. CONSTRUCTION CONTINUES ON PROGRAM BUILDINGS AND ADMINISTRATIVE OFFICES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonatedServicesAndUseFcltsAmt04046
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01985
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03955
IRS990/FeesForServicesAccountingGrp/TotalAmt03955
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt56852
IRS990/Form990PartVIISectionAGrp/PersonNm0PAT ROSSER
IRS990/Form990PartVIISectionAGrp/PersonNm1TIM CLIFFORD
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN RICE
IRS990/Form990PartVIISectionAGrp/PersonNm3TRISH IDLER
IRS990/Form990PartVIISectionAGrp/PersonNm4BERNARD CARREY
IRS990/Form990PartVIISectionAGrp/PersonNm5JAN CLIFFORD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt547750
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0119061
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0595
IRS990/InsuranceGrp/TotalAmt0595
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0568632
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0661614
IRS990/LandBldgEquipCostOrOtherBssAmt0661660
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO RAISE FUNDS AND ASSETS FOR THE BENEFIT OF HORSEPOWER, INC., DBA HORSEPOWER THERAPEUTIC LEARNING CENTER, A NORTH CAROLINA NONPROFIT CORPORATION WHOSE MISSION IS TO PROMOTE AND ENHANCE THE WELFARE OF INDIVIDUALS WITH DISABILITIES BY PROVIDING A PROGRAM OF THERAPEUTIC, EDUCATIONAL AND RECREATIONAL VALUE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0163949
IRS990/NetAssetsOrFundBalancesBOYAmt0729068
IRS990/NetAssetsOrFundBalancesEOYAmt0846235
IRS990/NoncashContributionsAmt0635
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0885
IRS990/OccupancyGrp/TotalAmt0885
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0POSTAGE
IRS990/OtherExpensesGrp/Desc1PUBLICATIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0147
IRS990/OtherExpensesGrp/ProgramServicesAmt1129
IRS990/OtherExpensesGrp/ProgramServicesAmt2118
IRS990/OtherExpensesGrp/ProgramServicesAmt365
IRS990/OtherExpensesGrp/TotalAmt0147
IRS990/OtherExpensesGrp/TotalAmt1129
IRS990/OtherExpensesGrp/TotalAmt2118
IRS990/OtherExpensesGrp/TotalAmt365
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01123
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01123
IRS990/OtherRevenueTotalAmt01123
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt017650
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAN CLIFFORD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0237432
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt06702
IRS990/PYProgramServiceRevenueAmt013750
IRS990/PYRevenuesLessExpensesAmt0244480
IRS990/PYTotalExpensesAmt06702
IRS990/PYTotalRevenueAmt0251182
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0113121
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt010000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0119061
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0WHEN COMPLETED, THE BUILDINGS AND GROUNDS OF HORSEPOWER FOUNDATION, INC. THAT ARE CURRENTLY UNDER DEVELOPMENT WILL SERVE AS THE PROGRAM FACILITIES AND ADMINISTRATIVE OFFICES OF HORSEPOWER, INC. D/B/A/ HORSEPOWER THERAPEUTIC LEARNING CENTER.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0561907424
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HORSEPOWER INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
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/LandGrp/BookValueAmt0388847
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0388847
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0272767
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0272813
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0661614
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO RAISE FUNDS AND ASSETS FOR THE BENEFIT OF HORSEPOWER, INC., DBA HORSEPOWER THERAPEUTIC LEARNING CENTER, A NORTH CAROLINA NONPROFIT CORPORATION WHOSE MISSION IS TO PROMOTE AND ENHANCE THE WELFARE OF INDIVIDUALS WITH DISABILITIES BY PROVIDING A PROGRAM OF THERAPEUTIC, EDUCATIONAL AND RECREATIONAL VALUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JAN CLIFFORD TIM CLIFFORD EXEC DIR. DIRECTOR SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE TREASURER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS AND OFFICERS ARE ASKED ANNUALLY TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS REQUIRED TO BE OPEN TO THE PUBLIC ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HORSEPOWER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0561907424
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EQUESTRIAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08001 LEABOURNE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0COLFAX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027235
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt010000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11638
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt21092
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HORSEPOWER INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HORSEPOWER INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2HORSEPOWER INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2O
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt017650
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0893017
IRS990/TotalAssetsEOYAmt0846235
IRS990/TotalAssetsGrp/BOYAmt0893017
IRS990/TotalAssetsGrp/EOYAmt0846235
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0117938
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03955
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01985
IRS990/TotalFunctionalExpensesGrp/TotalAmt05940
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0163949
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0163949
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0729068
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0846235
IRS990/TotalOtherCompensationAmt06852
IRS990/TotalProgramServiceExpensesAmt01985
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01123
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0119061
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0893017
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0846235
IRS990/TotReportableCompRltdOrgAmt047750
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0711418
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0846235
IRS990/USAddress/AddressLine1Txt08001 LEABOURNE RD
IRS990/USAddress/CityNm0COLFAX
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027235
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAN CLIFFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03367061831
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORSEPOWER FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HORS
ReturnHeader/Filer/EIN0463131465
ReturnHeader/Filer/PhoneNum03367061831
ReturnHeader/Filer/USAddress/AddressLine1Txt08001 LEABOURNE ROAD
ReturnHeader/Filer/USAddress/CityNm0COLFAX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027235
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0531FE25F1EF1DB63A8F5751F4BA239911E7327AE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02E7853BDA7136A599C344627409F801199FAC4BC
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561393362
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERTSON NEAL & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2367
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0274022367
ReturnHeader/PreparerPersonGrp/PhoneNum03363799932
ReturnHeader/PreparerPersonGrp/PreparationDt02017-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA L BRIDGES CPA
ReturnHeader/ReturnTs02017-07-31T17:03:59-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$846,235
Liabilities
$0
Net assets
$846,235
Revenue
$119,061
Expenses
$5,940
Net income
$113,121
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.00$2.17$0.34$0.08$0.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.00$1.93$0.20$0.06$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.00$1.80$0.19$0.06$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.00$1.66$0.09$0.05$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.00$1.63$0.10$0.06$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.27$0.10$0.17
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.13$1.42$0.28$0.04$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.13$1.18$0.35$0.03$0.32
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.12$0.01$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.89$0.16$0.73$0.25$0.01$0.24
2014Summary only. Only limited summary data is available for this year.$0.60$0.20$0.41$0.32$0.00$0.32
2013Summary only. Only limited summary data is available for this year.$0.52$0.43$0.09$0.09$0.00$0.09