Civic Intelligence

Equuvation Inc.

990 • Fiscal year 2019 • EIN 47-1761541

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

196 Old Stagecoach LaneStatesville, NC 28625

(704) 931-3413

Siviq Scores

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

Liabilities / Assets

48th percentile

0.00x

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

2019 filings • NTEE E • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

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

2019 filings • NTEE E • <$500k nonprofits • Source year 2019

Net Margin

60th percentile

10%

Higher net margin than 60% of similar nonprofits.

2019 filings • NTEE E • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$11,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2019 filings • NTEE E • <$500k nonprofits • Source year 2019

Asset Growth

93rd percentile

137%

Faster asset growth than 93% of similar nonprofits.

2019 filings • NTEE E • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

140%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • NTEE E • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$39,479

Up $22,788 (+137%) from 2018

Net Assets

Up

$39,479

Up $22,788 (+137%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$220,233

Up $128,367 (+140%) from 2018

Expenses

Up

$197,445

Up $109,050 (+123%) from 2018

Net Income

Up

$22,788

Up $19,317 (+557%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $10,558Liabilities 2016: $0Net Assets 2016: $10,5582016Assets 2017: $13,220Liabilities 2017: $0Net Assets 2017: $13,2202017Assets 2018: $16,691Liabilities 2018: $0Net Assets 2018: $16,6912018Assets 2019: $39,479Liabilities 2019: $0Net Assets 2019: $39,4792019Assets 2020: $40,649Liabilities 2020: $0Net Assets 2020: $40,6492020Assets 2021: $67,888Liabilities 2021: $0Net Assets 2021: $67,8882021Assets 2022: $18,268Liabilities 2022: $0Net Assets 2022: $18,2682022Assets 2023: $42,406Liabilities 2023: $0Net Assets 2023: $42,4062023Assets 2024: $189,844Liabilities 2024: $0Net Assets 2024: $189,8442024

Highlighted filing

2019

Assets$39,479
Liabilities$0
Net Assets$39,479

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $18,561Expenses 2016: $8,003Net Income 2016: $10,5582016Revenue 2017: $28,178Expenses 2017: $25,516Net Income 2017: $2,6622017Revenue 2018: $91,866Expenses 2018: $88,395Net Income 2018: $3,4712018Revenue 2019: $220,233Expenses 2019: $197,445Net Income 2019: $22,7882019Revenue 2020: $259,491Expenses 2020: $235,533Net Income 2020: $23,9582020Revenue 2021: $373,495Expenses 2021: $346,256Net Income 2021: $27,2392021Revenue 2022: $267,336Expenses 2022: $316,956Net Income 2022: -$49,6202022Revenue 2023: $331,246Expenses 2023: $307,108Net Income 2023: $24,1382023Revenue 2024: $501,691Expenses 2024: $354,253Net Income 2024: $147,4382024

Highlighted filing

2019

Revenue$220,233
Expenses$197,445
Net Income$22,788
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.1
Gross Receipts
$226,022
Mission and Program Overview

Mission

Equuvation, inc. Aspires to promote innovation, education, collaboration and professional service delivery in any field of activity leveraging the horse-human connection.

Equuvation inc. Aspires to promote innovation, education, collaboration and professional service delivery in any field of activity leveraging the horse-human connection.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,691$39,479▲ $22,788
Cap Stk Tr Prin Current Funds$16,691$39,479▲ $22,788
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$16,691$39,479▲ $22,788
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,691$39,479▲ $22,788
Total Liabilities and Net Assets / Fund Balance$16,691$39,479▲ $22,788
Compensation and Service Providers

Employees

NameTitleBaseTotal
Erica a De FlamandPresident$11,000$11,000

Board Members and Trustees

NameTitle
Hunter McintoshDirector
Tracy ByrnesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$215,740
Program Service Revenue
$10,165
Investment Income
$0
Other Revenue
$-5,672
All Other Contributions
$206,045
Change in Net Assets
$22,788
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$103,761
Other Expenses$93,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$85,034-$85,034
All Other Expenses$27,498$6,101-$33,599
Advertising$229$15,892-$16,121
Current Officers, Directors, Trustees, and Key Employees$11,000--$11,000
Payroll Taxes-$7,727-$7,727
Other Expenses$7,057--$7,057
Insurance-$3,412-$3,412
Conferences and Meetings-$1,826-$1,826
Office Expenses$893$418-$1,311
Fees for Services Accounting-$1,298-$1,298
Fees for Services Other-$672-$672
Total Functional Expenses$75,065$122,380$0$197,445
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,789
Fundraising Gross Income$0
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
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

REVIEWED BY PRESIDENT

Form 990, Part VI, Section C, Line 19

Available for inspection in office upon request

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Erica a de flamand - 255 old stagecoach lane, statesville, nc 28625. Tracy byrnes - 15415 holly trail lane, davidson, nc 28036. Hunter mcintosh - 2000 elkin street, alexandria, va 22308.

Filing and Contact Details

Filer

Filer Name
Equuvation Inc
EIN
47-1761541
Phone
7049313413
Address
196 OLD STAGECOACH LANE, STATESVILLE, NC 28625

Signing Officer

Name
Erica a De Flamand
Title
President
Phone
7049313413
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erica a De Flamand
Formed
2014
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
0
Employees
6
Volunteers
0

Preparer

Firm
Bernard Robinson & Company Llp
Address
194 W PARK CIRCLE, NORTH WILKESBORO, NC 28659
Preparer
David Mcclure
Phone
3368387077
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll expenses: program service expenses 0. Management and general expenses 672. Fundraising expenses 0. Total expenses 672.

Form 990, Part IX, Line 24E

Contractors: program service expenses 6,175. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,175. Farrier: program service expenses 5,720. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,720. Repairs and maintenance: program service expenses 3,456. Management and general expenses 1,423. Fundraising expenses 0. Total expenses 4,879. Tack and equipment: program service expenses 4,143. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,143. Miscellaneous: program service expenses 3,696. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,696. Animal supplies: program service expenses 3,671. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,671. Dues and subscriptions: program service expenses 0. Management and general expenses 1,173. Fundraising expenses 0. Total expenses 1,173. Continuing education: program service expenses 0. Management and general expenses 1,015. Fundraising expenses 0. Total expenses 1,015. Merchandise: program service expenses 0. Management and general expenses 947. Fundraising expenses 0. Total expenses 947. Volunteers: program service expenses 0. Management and general expenses 945. Fundraising expenses 0. Total expenses 945. Curriculum costs: program service expenses 637. Management and general expenses 0. Fundraising expenses 0. Total expenses 637. Postage: program service expenses 0. Management and general expenses 598. Fundraising expenses 0. Total expenses 598.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE FOR INSPECTION IN OFFICE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ERICA A DE FLAMAND - 255 OLD STAGECOACH LANE, STATESVILLE, NC 28625. TRACY BYRNES - 15415 HOLLY TRAIL LANE, DAVIDSON, NC 28036. HUNTER MCINTOSH - 2000 ELKIN STREET, ALEXANDRIA, VA 22308.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 672. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 672.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTORS: PROGRAM SERVICE EXPENSES 6,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,175. FARRIER: PROGRAM SERVICE EXPENSES 5,720. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,720. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 3,456. MANAGEMENT AND GENERAL EXPENSES 1,423. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,879. TACK AND EQUIPMENT: PROGRAM SERVICE EXPENSES 4,143. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,143. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 3,696. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,696. ANIMAL SUPPLIES: PROGRAM SERVICE EXPENSES 3,671. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,671. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,173. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,173. CONTINUING EDUCATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,015. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,015. MERCHANDISE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 947. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 947. VOLUNTEERS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 945. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 945. CURRICULUM COSTS: PROGRAM SERVICE EXPENSES 637. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 637. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 598. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 598.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt016691
IRS990/TotalAssetsEOYAmt039479
IRS990/TotalAssetsGrp/BOYAmt016691
IRS990/TotalAssetsGrp/EOYAmt039479
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0215740
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0122380
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt075065
IRS990/TotalFunctionalExpensesGrp/TotalAmt0197445
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016691
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt039479
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt046369
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt010165
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt010165
IRS990/TotalProgramServiceExpensesAmt075065
IRS990/TotalProgramServiceRevenueAmt010165
IRS990/TotalReportableCompFromOrgAmt011000
IRS990/TotalRevenueGrp/ExclusionAmt0-5789
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010282
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220233
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016691
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt039479
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0255 OLD STAGECOACH LANE
IRS990/USAddress/CityNm0STATESVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028625
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.EQUUVATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERICA A DE FLAMAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07049313413
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EQUUVATION INC
ReturnHeader/Filer/BusinessNameControlTxt0EQUU
ReturnHeader/Filer/EIN0471761541
ReturnHeader/Filer/PhoneNum07049313413
ReturnHeader/Filer/USAddress/AddressLine1Txt0196 OLD STAGECOACH LANE
ReturnHeader/Filer/USAddress/CityNm0STATESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028625
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0735F866549C3A3689C497AC8EE42DDD0D11178EC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId032220225E6C36AC0C93C44C8CA8BE25F9BA5A45F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.172.94.50
ReturnHeader/FilingSecurityInformation/IPDt02020-07-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:33:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560571159
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD ROBINSON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0194 W PARK CIRCLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH WILKESBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028659
ReturnHeader/PreparerPersonGrp/PhoneNum03368387077
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID MCCLURE
ReturnHeader/ReturnTs02020-07-15T11:15:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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