Spanish Mustang Preserve Inc

EIN 47-2695969 • 501(c)3 • Bayfield, WI

PO Box 502Bayfield, WI 54814

Siviq Scores

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

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

62%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Higher top officer pay than 74% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2022

7.8%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

125%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets18th percentile

Assets

$2,392,451

Up $172,906 (+7.8%) from 2023

Liabilities

Down

$76

Down $59,094 (-100%) from 2023

Net Assets

$2,392,375

No earlier filing loaded for comparison.

Operations

Liabilities / Revenue19th percentile Net Margin93rd percentile

Revenue

$1,192,628

Up $662,285 (+125%) from 2023

Expenses

$456,022

Up $111,471 (+32%) from 2023

Net Income

$736,606

Up $550,814 (+296%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

Highlighted filing

2024

Assets$2,392,451

Liabilities$76

Net Assets$2,392,375

Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

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

Highlighted filing

2024

Revenue$1,192,628

Expenses$456,022

Net Income$736,606

Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing

Assets: $2,392,451
Liabilities: $76
Net assets: $2,392,375
Revenue: $1,192,628
Expenses: $456,022
Net income: $736,606

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.39	$0.00	$2.39	$1.19	$0.46	$0.74
2023Summary only. Only limited summary data is available for this year.	$2.22	$0.06		$0.53	$0.34	$0.19
2022Detailed filing. Detailed filing data is available for this year.	$2.09	$0.01	$2.08	$0.38	$0.42	$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.12	$0.00	$2.12	$0.69	$0.28	$0.41
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.72	$0.01	$1.71	$1.77	$0.28	$1.49
2019Summary only. Only limited summary data is available for this year.	$0.22	$0.00	$0.22	$0.16	$0.22	$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.28	$0.00	$0.28	$0.36	$0.08	$0.28

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: Nov 9, 2023
Return Version: 2022v5.0

Mission and Program Overview

Mission

Our mission at the spanish mustang preserve is to preserve the endangered spanish mustang breed of horse, descendants of spanish mustang registry (smr) foundation bloodlines, for future generations.

Compensation and Service Providers

Top Officer Pay74th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
RICHARD KALOW	Founder/President	-	$0	-	-
CYNTHIA KALOW	Founder/ Sec Treas	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Spanish Mustang Preserve Inc
EIN: 47-2695969
Phone: 7157795124
Address: PO BOX 502, BAYFIELD, WI 54814

Signing Officer

Name: Richard Kalow
Title: Founder/president
Phone: 7157795124
Signed: 2023-11-09
Discuss with paid preparer: Yes

Preparer

Firm: Cliftonlarsonallen Llp
Address: 1175 LOMBARDI AVENUE SUITE 200, GREEN BAY, WI 54304
Preparer: Adam Mleziva
Phone: 9204367800

Raw XML AppendixShowing 400 of 513 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	0	FOUNDER/PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	1	FOUNDER/ SEC TREAS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	0	PO BOX 502
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	1	PO BOX 502
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	0	BAYFIELD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	1	BAYFIELD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	0	WI
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	1	WI
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	0	54814
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	1	54814
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt	0	0
IRS990PF/Organization501c3ExemptPFInd	0	X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt	0	336940
IRS990PF/PFQualifyingDistributionsGrp/ProgramRelatedInvstTotalAmt	0	0
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt	0	336940
IRS990PF/PrivateOperatingFoundationsGrp/GrossInvestmentIncomeGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/LargestSupportFromEOGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/LessorAdjNetIncmMinInvstRetGrp/CurrentYearAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/LessorAdjNetIncmMinInvstRetGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/LessorAdjNetIncmMinInvstRetGrp/Year1Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/LessorAdjNetIncmMinInvstRetGrp/Year2Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/LessorAdjNetIncmMinInvstRetGrp/Year3Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/Pct85LessorAdjIncmOrMinRetGrp/CurrentYearAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/Pct85LessorAdjIncmOrMinRetGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/Pct85LessorAdjIncmOrMinRetGrp/Year1Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/Pct85LessorAdjIncmOrMinRetGrp/Year2Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/Pct85LessorAdjIncmOrMinRetGrp/Year3Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/PublicSupportType/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/CurrentYearAmt	0	336940
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/TotalAmt	0	795829
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year1Amt	0	229069
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year2Amt	0	229820
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistributionsGrp/Year3Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/CurrentYearAmt	0	336940
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/TotalAmt	0	795829
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/Year1Amt	0	229069
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/Year2Amt	0	229820
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriMadeDrtGrp/Year3Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/CurrentYearAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/Year1Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/Year2Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/QualifyingDistriNotUsedDrtGrp/Year3Amt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/Section4942j3Ind	0	X
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/CurrentYearAmt	0	2087762
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/TotalAmt	0	5923716
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/Year1Amt	0	2120387
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/Year2Amt	0	1715567
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsSect4942j3BiGrp/CurrentYearAmt	0	2080829
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsSect4942j3BiGrp/TotalAmt	0	5907803
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsSect4942j3BiGrp/Year1Amt	0	2113806
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsSect4942j3BiGrp/Year2Amt	0	1713168
IRS990PF/PrivateOperatingFoundationsGrp/TotalSupportGrp/TotalAmt	0	0
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/TotalAmt	0	0
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	0
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	0
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd	0	1
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd	0	0
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd	0	1
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd	0	0
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd	0	0
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	0
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	1
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	0
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm	0	BAYFIELD
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	WI
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	54814
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd	0	0
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	0
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd	0	0
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	0	WI
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	0
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt	0	RICHARD AND CYNTHIA KALOW
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	7157795124
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	1
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt	0	0
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt	0	0
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	1
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt	0	0
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	0
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	WWW.SPANISHMUSTANGPRESERVE.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt	0	CONTINUED PRESERVATION CARE FOR THE SPANISH MUSTANGS ENTRUSTED TO THE PRESERVE AND MAINTAINING THE LAND AND EQUIMPMENT FOR THIS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt	0	415486
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt	0	0
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	0	RICHARD KALOW
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt	0	0
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	0
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	RICHARD AND CYNTHIA KALOW
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	PO BOX 502
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	BAYFIELD
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	WI
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	54814
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	372013
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	0	193203
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	1	24093
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	2	0
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	3	0
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	4	0
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	5	0
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	6	0
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	7	0
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	8	13235
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	9	8897
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	10	0
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	11	832
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	12	353
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	13	1602
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	14	989
LandEtcSchedule2/LandEtcGrp/BookValueAmt	0	96797
LandEtcSchedule2/LandEtcGrp/BookValueAmt	1	29592
LandEtcSchedule2/LandEtcGrp/BookValueAmt	2	318000
LandEtcSchedule2/LandEtcGrp/BookValueAmt	3	318000
LandEtcSchedule2/LandEtcGrp/BookValueAmt	4	590000
LandEtcSchedule2/LandEtcGrp/BookValueAmt	5	153000
LandEtcSchedule2/LandEtcGrp/BookValueAmt	6	112000
LandEtcSchedule2/LandEtcGrp/BookValueAmt	7	53200
LandEtcSchedule2/LandEtcGrp/BookValueAmt	8	85716
LandEtcSchedule2/LandEtcGrp/BookValueAmt	9	71072
LandEtcSchedule2/LandEtcGrp/BookValueAmt	10	218000
LandEtcSchedule2/LandEtcGrp/BookValueAmt	11	2168
LandEtcSchedule2/LandEtcGrp/BookValueAmt	12	1147
LandEtcSchedule2/LandEtcGrp/BookValueAmt	13	13353
LandEtcSchedule2/LandEtcGrp/BookValueAmt	14	18784
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	0	RAYCOR CRAWLER AND MULCHING HEAD
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	1	NORTHLAND LAWN SPORT AND EUIPMENT
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	2	LAND-85875 CTY HWY J
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	3	LAND-87650 TORBICK ROAD
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	4	LAND-87515 TORBICK FARMS
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	5	78.38 ACRES-TORBICK ROAD
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	6	50.0 ACRES FARM ROAD
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	7	40 ACRE WEIDINGER PARCEL, BAYFIELD WI
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	8	FENCING
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	9	ROAD BUILDING - HORSE PASTURE
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	10	70 ACRES

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