Civic Intelligence

Horse Stamp Ranch Inc

990 • Fiscal year 2015 • EIN 46-5536723

May 01, 2014 to Apr 30, 2015 • Filed on Nov 15, 2015

2418 Horsestamp Church RoadWaverly, GA 31565

(303) 598-8706

Siviq Scores

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

Liabilities / Assets

48th percentile

0.04x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

36th percentile

0.01x

Higher debt load relative to revenue than 36% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

67th percentile

$52,500

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$153,217

No earlier filing loaded for comparison.

Net Assets

$147,674

No earlier filing loaded for comparison.

Liabilities

$5,543

No earlier filing loaded for comparison.

Revenue

$534,474

No earlier filing loaded for comparison.

Expenses

$386,800

No earlier filing loaded for comparison.

Net Income

$147,674

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $153,217Liabilities 2015: $5,543Net Assets 2015: $147,6742015Assets 2016: $57,494Liabilities 2016: $10,645Net Assets 2016: $46,8492016Assets 2017: $71,701Liabilities 2017: $4,657Net Assets 2017: $67,0442017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$153,217
Liabilities$5,543
Net Assets$147,674

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $534,474Expenses 2015: $386,800Net Income 2015: $147,6742015Revenue 2016: $465,111Expenses 2016: $565,936Net Income 2016: -$100,8252016Revenue 2017: $296,155Expenses 2017: $275,959Net Income 2017: $20,1962017Revenue 2018: $33,206Expenses 2018: $77,077Net Income 2018: -$43,8712018

Highlighted filing

2015

Revenue$534,474
Expenses$386,800
Net Income$147,674
Jump To
Filing Snapshot
Filing Period
May 1, 2014 to Apr 30, 2015
Signed
Nov 15, 2015
Return Version
2014v5.0
Gross Receipts
$534,474
Mission and Program Overview

Mission

To provide a place for christian, spiritual renewal for members of the christian clergy and for current and retired soldiers in the united states military.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$74,229-
Land, Buildings, and Equipment, Net-$40,674-
Accounts Receivable-$38,314-
Total Assets$0$153,217▲ $153,217
Liabilities
Other Liabilities-$4,079-
Accounts Payable and Accrued Expenses-$1,464-
Total Liabilities$0$5,543▲ $5,543
Net Assets / Fund Balance
Unrestricted Net Assets-$147,674-
Total Net Assets Fund Balance$0$147,674▲ $147,674
Total Liabilities and Net Assets / Fund Balance$0$153,217▲ $153,217

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,674$7,466$48,140
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Thomas P HutchesonPresidentFT$52,500$52,500
Kristine J HutchesonVice PresideFT$46,500$46,500

Board Members and Trustees

NameTitle
Mark D PflugChairperson
Laura PflugVice Chairpe
Mack BrysonMember
Earl ShimpSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$405,525
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$128,949
All Other Contributions
$405,525
Change in Net Assets
$147,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$218,454
Salaries, Compensation, and Employee Benefits$168,346
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$99,000-$99,000
Other Salaries and Wages-$54,715-$54,715
Occupancy$24,862$10,775-$35,637
Office Expenses$25,350$8,450-$33,800
Fees for Services Other-$13,380-$13,380
Information Technology$7,052$2,351-$9,403
Payroll Taxes$5,793$1,931-$7,724
Fees for Services Legal$5,625$1,875-$7,500
Depreciation Depletion$7,466--$7,466
Other Employee Benefits$5,180$1,727-$6,907
Insurance$5,122$1,707-$6,829
Other Expenses$19,928$6,643-$6,643
All Other Expenses$4,665$1,556-$6,221
Interest$3,106$1,035-$4,141
Fees for Services Accounting$1,423$474-$1,897
Advertising$1,133$378-$1,511
Total Functional Expenses$156,846$229,954$0$386,800
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$3,511
Payroll Taxes Payable$568
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Page 6, Part VI, Line 11B

The form 990 is reviewed by the board of directors for approval before it is submitted for filing with taxing authorities.

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

The organization's bylaws contain a written conflicts of interest policy. The purpose of this policy is to protect the organization's interests, especially its tax-exempt interests, when it is contemplating entering into a transaction or arrangement that might benefit some private interest of an employee or director of the organization or might result in a possible excess benefit to an employee or director of the organization. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the actual or possible conflict of interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the actual or possible conflict of interest and all material facts, and after discussion with the interested person, said interested party shall leave the governing board or commitee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest actually exists. Each director, employee, and committee member with governing board delegated powers shall sign a statement at the beginning of each term of office which affirms such person 1) has received a copy of the conflicts of interest policy, 2) has read and understands the policy, 3) has agreed to comply with the policy, and 4) understands the organization is charitable in nature and in order to maintain its federal tax exemption must engage primarily in activities that accomplish one or more of its tax exempt purposes.

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

The compensation for the president and vice president are determined by gathering comparative compensation data from other, similar, active 501(c) (3)organizations. The board of directors then determines an appropriate compensation package based on this information and a review of the performance of the president and vice president for the year.

Form 990, Page 6, Part VI, Line 19

Forms 990 are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Horse Stamp Ranch Inc
EIN
46-5536723
Phone
3035988706
Address
2418 HORSESTAMP CHURCH ROAD, WAVERLY, GA 31565

Signing Officer

Name
Thomas P Hutcheson
Title
President
Phone
3035988706
Signed
2015-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas P Hutcheson
Formed
2014
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
2

Preparer

Firm
Coastal Cpas LLC
Address
100 MAIN ST, SAINT SIMONS ISLAND, GA 31522-1681
Preparer
J Dennis Silva CPA
Phone
9126381010
Supplemental Narrative

Additional Explanations

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

Christian clergy members, active military, and veterans may renew and energize their minds, bodies, and souls. The organization will also provide a venue for musical artists in the christian community to inspire guests through their music and worship.

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

The organization offers a specialized type of christian experience in which a couple who has professed faith in jesus christ through a christian church may have the pastor and guests attend a retreat and celebration of the union of the two in the holy bond of matrimony.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRISTIAN CLERGY MEMBERS, ACTIVE MILITARY, AND VETERANS MAY RENEW AND ENERGIZE THEIR MINDS, BODIES, AND SOULS. THE ORGANIZATION WILL ALSO PROVIDE A VENUE FOR MUSICAL ARTISTS IN THE CHRISTIAN COMMUNITY TO INSPIRE GUESTS THROUGH THEIR MUSIC AND WORSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION OFFERS A SPECIALIZED TYPE OF CHRISTIAN EXPERIENCE IN WHICH A COUPLE WHO HAS PROFESSED FAITH IN JESUS CHRIST THROUGH A CHRISTIAN CHURCH MAY HAVE THE PASTOR AND GUESTS ATTEND A RETREAT AND CELEBRATION OF THE UNION OF THE TWO IN THE HOLY BOND OF MATRIMONY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS FOR APPROVAL BEFORE IT IS SUBMITTED FOR FILING WITH TAXING AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S BYLAWS CONTAIN A WRITTEN CONFLICTS OF INTEREST POLICY. THE PURPOSE OF THIS POLICY IS TO PROTECT THE ORGANIZATION'S INTERESTS, ESPECIALLY ITS TAX-EXEMPT INTERESTS, WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT SOME PRIVATE INTEREST OF AN EMPLOYEE OR DIRECTOR OF THE ORGANIZATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TO AN EMPLOYEE OR DIRECTOR OF THE ORGANIZATION. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE ACTUAL OR POSSIBLE CONFLICT OF INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE ACTUAL OR POSSIBLE CONFLICT OF INTEREST AND ALL MATERIAL FACTS, AND AFTER DISCUSSION WITH THE INTERESTED PERSON, SAID INTERESTED PARTY SHALL LEAVE THE GOVERNING BOARD OR COMMITEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST ACTUALLY EXISTS. EACH DIRECTOR, EMPLOYEE, AND COMMITTEE MEMBER WITH GOVERNING BOARD DELEGATED POWERS SHALL SIGN A STATEMENT AT THE BEGINNING OF EACH TERM OF OFFICE WHICH AFFIRMS SUCH PERSON 1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, 2) HAS READ AND UNDERSTANDS THE POLICY, 3) HAS AGREED TO COMPLY WITH THE POLICY, AND 4) UNDERSTANDS THE ORGANIZATION IS CHARITABLE IN NATURE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENT ARE DETERMINED BY GATHERING COMPARATIVE COMPENSATION DATA FROM OTHER, SIMILAR, ACTIVE 501(C) (3)ORGANIZATIONS. THE BOARD OF DIRECTORS THEN DETERMINES AN APPROPRIATE COMPENSATION PACKAGE BASED ON THIS INFORMATION AND A REVIEW OF THE PERFORMANCE OF THE PRESIDENT AND VICE PRESIDENT FOR THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORMS 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt0153217
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0153217
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0405525
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0229954
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0156846
IRS990/TotalFunctionalExpensesGrp/TotalAmt0386800
IRS990/TotalGrossUBIAmt0128949
IRS990/TotalLiabilitiesEOYAmt05543
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt05543
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0147674
IRS990/TotalOtherProgSrvcExpenseAmt010396
IRS990/TotalProgramServiceExpensesAmt0156846
IRS990/TotalReportableCompFromOrgAmt099000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0534474
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0128949
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0153217
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0147674
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02418 HORSESTAMP CHURCH ROAD
IRS990/USAddress/CityNm0WAVERLY
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031565
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS P HUTCHESON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03035988706
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORSE STAMP RANCH INC
ReturnHeader/Filer/BusinessNameControlTxt0HORS
ReturnHeader/Filer/EIN0465536723
ReturnHeader/Filer/PhoneNum03035988706
ReturnHeader/Filer/USAddress/AddressLine1Txt02418 HORSESTAMP CHURCH ROAD
ReturnHeader/Filer/USAddress/CityNm0WAVERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031565
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272984364
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COASTAL CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT SIMONS ISLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0315221681
ReturnHeader/PreparerPersonGrp/PhoneNum09126381010
ReturnHeader/PreparerPersonGrp/PreparationDt02015-12-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J DENNIS SILVA CPA
ReturnHeader/ReturnTs02015-12-15T13:21:53-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-05-01
ReturnHeader/TaxPeriodEndDt02015-04-30
ReturnHeader/TaxYr02014

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