Hi Chap Foundation

990EZ • Fiscal year 2021 • EIN 47-2484893

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 11, 2022

Organization Profile N/A

16755 N Las Vegas RoadPrescott, AZ 86305

(480) 206-7468

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

-40%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

-18%

Faster asset growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

8.7%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$14,240

Down $3,180 (-18%) from 2020

Net Assets

Down

$14,240

Down $3,180 (-18%) from 2020

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin13th percentile

Revenue

$7,958

Up $634 (+8.7%) from 2020

Expenses

Down

$11,138

Down $1,229 (-9.9%) from 2020

Net Income

-$3,180

Up $1,863 (+37%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

Highlighted filing

2021

Assets$14,240

Liabilities-

Net Assets$14,240

Open 2021 Filing

Operations Trend

Revenue Growth54th percentile

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

Highlighted filing

2021

Revenue$7,958

Expenses$11,138

Net Income-$3,180

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2021 to Dec 31, 2021
Signed: Apr 11, 2022
Return Version: 2021v4.0
Gross Receipts: $7,958

Mission and Program Overview

Mission

The hi chap foundation provides a safe home for horses that are in danger of being abandoned, neglected, abused, and/or wild. In addition, the foundation provides equine therapy services to needy groups such as wounded warriors, foster children, the physically and mentally chanllenged, etc.

Program Services

Description	Grants	Expenses
PROVIDE A SAFE HOME FOR HORSES THAT ARE IN DANGER OF BEING ABANDONED, NEGLECTED, ABUSED, AND/OR WILD.	-	$7,870
PROVIDE A SAFE HOME FOR HORSES THAT ARE IN DANGER OF BEING ABANDONED, NEGLECTED, ABUSED, AND/OR WILD.	-	$3,268

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JANET MASON	Director	FT	$0	-	-
KIMBERLY A GRYL DVM	Director	-	$0	-	-
TOM UDALL	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Hi Chap Foundation
EIN: 47-2484893
Phone: 4802067468
Address: 16755 N LAS VEGAS ROAD, PRESCOTT, AZ 86305

Signing Officer

Name: Janet Mason
Title: Director
Phone: 4802067468
Signed: 2022-04-11
Discuss with paid preparer: Yes

Preparer

Firm: Udall CPA Group
Address: 1425 S HIGLEY ROAD SUITE 106, GILBERT, AZ 85296
Preparer: Thomas M Udall
Phone: 4805582007

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses non-investment depreciation 3,268 total 3,268”

Form 990-ez, Part II, Line 24

“Machinery & equipment 120,801 120,801 less accumulated depreciation 105,097 108,365 total 15,704 12,436”

Form 990-ez, Part III

“The hi chap foundation provides a safe home for horses that are in danger of being abandoned, neglected, abused, and/or wild. In addition, the foundation provides equine therapy services to needy groups such as wounded warriors, foster children, the physically and mentally chanllenged, etc.”

Form 990-ez, Part III, Line 31

“Provide a safe home for horses that are in danger of being abandoned, neglected, abused, and/or wild.”

Raw XML Appendix135 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	JANET MASON
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	4802067468
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	16755 N LAS VEGAS ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	PRESCOTT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	AZ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	863059494
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	1716
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	1804
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	7958
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-3180
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	7870
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	17420
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	14240
IRS990EZ/GrossReceiptsAmt	0	7958
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	17420
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	14240
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	17420
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	14240
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JANET MASON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	KIMBERLY A GRYL DVM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	TOM UDALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	15704
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	12436
IRS990EZ/OtherExpensesTotalAmt	0	3268
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE HI CHAP FOUNDATION PROVIDES A SAFE HOME FOR HORSES THAT ARE IN DANGER OF BEING ABANDONED, NEGLECTED, ABUSED, AND/OR WILD. IN ADDITION, THE FOUNDATION PROVIDES EQUINE THERAPY SERVICES TO NEEDY GROUPS SUCH AS WOUNDED WARRIORS, FOSTER CHILDREN, THE PHYSICALLY AND MENTALLY CHANLLENGED, ETC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROVIDE A SAFE HOME FOR HORSES THAT ARE IN DANGER OF BEING ABANDONED, NEGLECTED, ABUSED, AND/OR WILD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	PROVIDE A SAFE HOME FOR HORSES THAT ARE IN DANGER OF BEING ABANDONED, NEGLECTED, ABUSED, AND/OR WILD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	7870
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	3268
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	11138
IRS990EZ/TotalProgramServiceExpensesAmt	0	11138
IRS990EZ/TotalRevenueAmt	0	7958
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	7958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	7324
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	18821
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	3998
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	19995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	58096
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	58096
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	7958
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	7324
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	18821
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	3998
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	19995
IRS990ScheduleA/Total509Grp/TotalAmt	0	58096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	7958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	7324
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	18821
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	3998
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	19995
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	58096
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES NON-INVESTMENT DEPRECIATION 3,268 TOTAL 3,268
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	MACHINERY & EQUIPMENT 120,801 120,801 LESS ACCUMULATED DEPRECIATION 105,097 108,365 TOTAL 15,704 12,436
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	THE HI CHAP FOUNDATION PROVIDES A SAFE HOME FOR HORSES THAT ARE IN DANGER OF BEING ABANDONED, NEGLECTED, ABUSED, AND/OR WILD. IN ADDITION, THE FOUNDATION PROVIDES EQUINE THERAPY SERVICES TO NEEDY GROUPS SUCH AS WOUNDED WARRIORS, FOSTER CHILDREN, THE PHYSICALLY AND MENTALLY CHANLLENGED, ETC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	PROVIDE A SAFE HOME FOR HORSES THAT ARE IN DANGER OF BEING ABANDONED, NEGLECTED, ABUSED, AND/OR WILD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	JANET MASON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	4802067468
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	HI CHAP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	HICH
ReturnHeader/Filer/EIN	0	472484893
ReturnHeader/Filer/PhoneNum	0	4802067468
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	16755 N LAS VEGAS ROAD
ReturnHeader/Filer/USAddress/CityNm	0	PRESCOTT
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	AZ
ReturnHeader/Filer/USAddress/ZIPCd	0	86305
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	274171111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	UDALL CPA GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1425 S HIGLEY ROAD SUITE 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	GILBERT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	85296
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4805582007
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2022-04-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	THOMAS M UDALL
ReturnHeader/ReturnTs	0	2022-04-15T16:53:00-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	JANET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	MASON
ReturnHeader/TaxPeriodBeginDt	0	2021-01-01
ReturnHeader/TaxPeriodEndDt	0	2021-12-31
ReturnHeader/TaxYr	0	2021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $14,240
Liabilities: -
Net assets: $14,240
Revenue: $7,958
Expenses: $11,138
Net income: -$3,180

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$9.28		$9.28	$7.80	$9.17	$1.37
2023Detailed filing. Detailed filing data is available for this year.	$10.6		$10.6	$12.8	$15.0	$2.14
2022Detailed filing. Detailed filing data is available for this year.	$12.8		$12.8	$13.4	$14.8	$1.45
2021Detailed filing. Detailed filing data is available for this year.	$14.2		$14.2	$7.96	$11.1	$3.18
2020Detailed filing. Detailed filing data is available for this year.	$17.4		$17.4	$7.32	$12.4	$5.04
2019Detailed filing. Detailed filing data is available for this year.	$22.5		$22.5	$18.8	$26.5	$7.71
2018Detailed filing. Detailed filing data is available for this year.	$30.2		$30.2	$4.00	$15.3	$11.3
2017Detailed filing. Detailed filing data is available for this year.	$41.4		$41.4	$20.0	$32.0	$12.0
2016Detailed filing. Detailed filing data is available for this year.	$53.4		$53.4	$16.9	$36.0	$19.1
2015Summary only. Only limited summary data is available for this year.	$72.5	$0.00		$71.6	$77.6	$6.01
2014Summary only. Only limited summary data is available for this year.	$78.5	$0.00		$95.2	$16.7	$78.5