Civic Intelligence

Horses Bring Hope

EIN 47-1633930 • 501(c)3 • North Kingstown, RI

121 Railroad AvenueNorth Kingstown, RI 02852

horsesbringhoperi.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

21st percentile

-24%

Higher net margin than 21% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

13th percentile

-82%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

11th percentile

-75%

Faster revenue growth than 11% of similar nonprofits.

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

Assets

Down

$375

Down $1,712 (-82%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$19,738

Down $59,265 (-75%) from 2019

Expenses

Down

$24,449

Down $54,438 (-69%) from 2019

Net Income

Down

-$4,711

Down $4,827 (-4161%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0K$4.0K$2.0K$0Assets 2016: $1,765Liabilities 2016: $0Net Assets 2016: $1,7652016Assets 2018: $4,306Liabilities 2018: $0Net Assets 2018: $4,3062018Assets 2019: $2,087Liabilities 2019: $0Net Assets 2019: $2,0872019Assets 2020: $375Liabilities 2020: $02020

Highlighted filing

2020

Assets$375
Liabilities$0
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2016: $75,069Expenses 2016: $76,513Net Income 2016: -$1,4442016Revenue 2018: $63,312Expenses 2018: $62,970Net Income 2018: $3422018Revenue 2019: $79,003Expenses 2019: $78,887Net Income 2019: $1162019Revenue 2020: $19,738Expenses 2020: $24,449Net Income 2020: -$4,7112020

Highlighted filing

2020

Revenue$19,738
Expenses$24,449
Net Income-$4,711

Filings

Latest Detailed Filing

The latest 2020 filing currently has summary financial data only. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 9, 2020
Return Version
2019v5.1
Gross Receipts
$79,003
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DINA GODINEZPresidentPT$0--
LINDA MANCINIDirectorPT$0--
BRITTNIE WESTTreasurerPT$0--
TAMMY STAHLBUSHDirectorPT$0--
LUCAS GODINEZVice PresidentPT$0--
TRISH CARLSONDirectorPT$0--
NANCY MICHELETTIDirectorPT$0--
ANN WALTERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Horses Bring Hope
EIN
47-1633930
Address
121 RAILROAD AVENUE, NORTH KINGSTOWN, RI 02852

Signing Officer

Name
Brittnie West
Title
Treasurer
Phone
4015739814
Signed
2020-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Nakowicz Financial Services Inc
Address
1464 Warwick Avenue, Warwick, RI 02888
Preparer
John Nakowicz CPA
Phone
4017809530
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990-ez, part iii primary exempt purposehorses bring hope (hbh) shall operate exclusively for charitable purposes within the meaning of section 501 (c)(3) of the internal revenue code or the corresponding section of any future federal tax code. The purpose of hbh is to provide the necessary resources for the promotion and implementation of high quality, sucessful, unified, and professional equine experimental education programs. Further, hbhs purpose includes traing for equines and equine educators, coaches, trainers, and facilitators. Funds will be utilized to realized the hbh mission: through the powerful healing connection between horses and humans, hbh aims to enrich the lives and spirits of individuals of all abilities. Form 990-ez, part iii, line 31 - all other accomplishmentwe are the first theraputic barn in the state to work with the shriners to sponsor a theraputic riding camp for special needs children. This is our third year servicing 10 children for the week.in the winter we provide around 30-35 lessons a week and in the spring, summer, and fall we service 45-50 a week depending on weather and other factors. Adjust cash at beginning of year - (2335)

Description of other expenses Part I line 16

Description amountfundraising 6,521sub contractor 6,630rent 16,500hay 7,880grain 11,284horse supplies 1,817volunteer appreciation 1,902meals 138insurance 1,308bank fees 1,755first aid 396horse health 1,780travel meals 4,488job materials 210office 3,580office refreshments 323travel 2,511repairs and maintenance 404shipping and delivery 12utilities 3,723supplies 4,777camp supplies 192promotional 27web 636po box 93

Description of total liabilities Part II line 26

Category beginning of year end of yearadjust cash 2,335 0

Raw XML Appendix168 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III PRIMARY EXEMPT PURPOSEHORSES BRING HOPE (HBH) SHALL OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. THE PURPOSE OF HBH IS TO PROVIDE THE NECESSARY RESOURCES FOR THE PROMOTION AND IMPLEMENTATION OF HIGH QUALITY, SUCESSFUL, UNIFIED, AND PROFESSIONAL EQUINE EXPERIMENTAL EDUCATION PROGRAMS. FURTHER, HBHS PURPOSE INCLUDES TRAING FOR EQUINES AND EQUINE EDUCATORS, COACHES, TRAINERS, AND FACILITATORS. FUNDS WILL BE UTILIZED TO REALIZED THE HBH MISSION: THROUGH THE POWERFUL HEALING CONNECTION BETWEEN HORSES AND HUMANS, HBH AIMS TO ENRICH THE LIVES AND SPIRITS OF INDIVIDUALS OF ALL ABILITIES. FORM 990-EZ, PART III, LINE 31 - ALL OTHER ACCOMPLISHMENTWE ARE THE FIRST THERAPUTIC BARN IN THE STATE TO WORK WITH THE SHRINERS TO SPONSOR A THERAPUTIC RIDING CAMP FOR SPECIAL NEEDS CHILDREN. THIS IS OUR THIRD YEAR SERVICING 10 CHILDREN FOR THE WEEK.IN THE WINTER WE PROVIDE AROUND 30-35 LESSONS A WEEK AND IN THE SPRING, SUMMER, AND FALL WE SERVICE 45-50 A WEEK DEPENDING ON WEATHER AND OTHER FACTORS. ADJUST CASH AT BEGINNING OF YEAR - (2335)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTFUNDRAISING 6,521SUB CONTRACTOR 6,630RENT 16,500HAY 7,880GRAIN 11,284HORSE SUPPLIES 1,817VOLUNTEER APPRECIATION 1,902MEALS 138INSURANCE 1,308BANK FEES 1,755FIRST AID 396HORSE HEALTH 1,780TRAVEL MEALS 4,488JOB MATERIALS 210OFFICE 3,580OFFICE REFRESHMENTS 323TRAVEL 2,511REPAIRS AND MAINTENANCE 404SHIPPING AND DELIVERY 12UTILITIES 3,723SUPPLIES 4,777CAMP SUPPLIES 192PROMOTIONAL 27WEB 636PO BOX 93
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARADJUST CASH 2,335 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-09-23 17:36:50Z
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