Civic Intelligence

Horse Stamp Ranch Inc

990 • Fiscal year 2016 • EIN 46-5536723

May 01, 2015 to Apr 30, 2016 • Filed on Jan 28, 2017

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

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

96th percentile

$70,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

6th percentile

-62%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-13%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$57,494

Down $95,723 (-62%) from 2015

Net Assets

Down

$46,849

Down $100,825 (-68%) from 2015

Liabilities

Up

$10,645

Up $5,102 (+92%) from 2015

Revenue

Down

$465,111

Down $69,363 (-13%) from 2015

Expenses

Up

$565,936

Up $179,136 (+46%) from 2015

Net Income

Down

-$100,825

Down $248,499 (-168%) from 2015

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

2016

Assets$57,494
Liabilities$10,645
Net Assets$46,849

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

2016

Revenue$465,111
Expenses$565,936
Net Income-$100,825
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Jan 28, 2017
Return Version
2015v3.0
Gross Receipts
$465,111
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$42,157▲ $1,483
Accounts Receivable$38,314--
Other Notes and Loans Receivable, Net-$15,337-
Total Assets$153,217$57,494▼ $95,723
Liabilities
Other Liabilities$4,079$10,645▲ $6,566
Accounts Payable and Accrued Expenses$1,464--
Total Liabilities$5,543$10,645▲ $5,102
Net Assets / Fund Balance
Unrestricted Net Assets$147,674$46,849▼ $100,825
Total Net Assets Fund Balance$147,674$46,849▼ $100,825
Total Liabilities and Net Assets / Fund Balance$153,217$57,494▼ $95,723

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$39,331$8,809$48,140
Equipment$2,826$3,124$5,950
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Thomas P HutchesonPresidentFT$70,000$70,000
Kristine J HutchesonVice PresideFT$62,000$62,000

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$336,434
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$128,677
All Other Contributions
$336,434
Change in Net Assets
$-100,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$414,222
Salaries, Compensation, and Employee Benefits$151,714
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$33,000-$132,000
Fees for Services Other-$112,759-$112,759
Occupancy$57,094$19,031-$76,125
All Other Expenses$22,089$14,081-$36,170
Office Expenses$24,084$8,027-$32,111
Insurance$11,935$3,978-$15,913
Advertising$9,409$3,137-$12,546
Other Expenses$26,964$11,177-$11,177
Payroll Taxes$7,574$2,525-$10,099
Other Employee Benefits$7,211$2,404-$9,615
Fees for Services Accounting$5,775$1,925-$7,700
Depreciation Depletion-$4,467-$4,467
Information Technology$2,058$686-$2,744
Fees for Services Legal$539$180-$719
Total Functional Expenses$307,262$258,674$0$565,936
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
Bank Overdraft$6,958
Sales Tax Payable$2,779
Payroll Taxes Payable$568
State Hotel Bed Tax Payable$340
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
2017-01-28
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

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.

Form 990, Part IX, Line 11G

Wedding events & rentals subcontract service/labor 0 112,759 0

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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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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039331
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08809
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt048140
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06958
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12779
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2568
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BANK OVERDRAFT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3STATE HOTEL BED TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt042157
IRS990ScheduleD/TotalLiabilityAmt010645
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt6WEDDING EVENTS & RENTALS SUBCONTRACT SERVICE/LABOR 0 112,759 0
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0153217
IRS990/TotalAssetsEOYAmt057494
IRS990/TotalAssetsGrp/BOYAmt0153217
IRS990/TotalAssetsGrp/EOYAmt057494
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0336434
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0258674
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0307262
IRS990/TotalFunctionalExpensesGrp/TotalAmt0565936
IRS990/TotalGrossUBIAmt0128677
IRS990/TotalLiabilitiesBOYAmt05543
IRS990/TotalLiabilitiesEOYAmt010645
IRS990/TotalLiabilitiesGrp/BOYAmt05543
IRS990/TotalLiabilitiesGrp/EOYAmt010645
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0147674
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046849
IRS990/TotalOtherProgSrvcExpenseAmt099000
IRS990/TotalProgramServiceExpensesAmt0307262
IRS990/TotalReportableCompFromOrgAmt0132000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0465111
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0128677
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0153217
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt057494
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0147674
IRS990/UnrestrictedNetAssetsGrp/EOYAmt046849
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02418 HORSESTAMP CHURCH ROAD
IRS990/USAddress/CityNm0WAVERLY
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031565
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS P HUTCHESON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03035988706
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-28
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/PreparationDt02017-02-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J DENNIS SILVA CPA
ReturnHeader/ReturnTs02017-02-06T13:42:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-05-01
ReturnHeader/TaxPeriodEndDt02016-04-30
ReturnHeader/TaxYr02015

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