Civic Intelligence

Horses Adaptive Riding and Therapy

EIN 47-3083537 • 501(c)3 • Rickreall, OR

Profile

Our mission is to utilize the benefical and therapeutic qualities of horses, thereby improving and enhancing the physical, emotional, and cognitive quality of life for children, adults, and military personel who are living with disabilities. We offer equine facilitated adaptive riding in a professional, supportive equestrian enviornment. Our goal is to offer services to those in need, regardless of physical limitations or ability to pay.

PO Box 121Rickreall, OR 97371

www.horsesadaptive.org

Siviq Scores

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

Liabilities / Assets

91st percentile

0.80x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

1.91x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

91st percentile

54%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

79th percentile

24%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

177%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$859,036

Up $47,769 (+5.9%) from 2023

Liabilities

Down

$633,101

Down $19,340 (-3.0%) from 2023

Net Assets

Up

$225,935

Up $67,109 (+42%) from 2023

Revenue

Down

$249,028

Down $93,389 (-27%) from 2023

Expenses

Up

$181,919

Up $22,974 (+14%) from 2023

Net Income

Down

$67,109

Down $116,363 (-63%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2016: $18,828Liabilities 2016: $9002016Assets 2017: $17,614Liabilities 2017: $02017Assets 2018: $23,309Liabilities 2018: $02018Assets 2019: $33,173Net Assets 2019: $33,1732019Assets 2020: $107,734Liabilities 2020: $71,900Net Assets 2020: $35,8342020Assets 2021: $67,690Liabilities 2021: $74,747Net Assets 2021: -$7,0572021Assets 2022: $652,758Liabilities 2022: $677,404Net Assets 2022: -$24,6462022Assets 2023: $811,267Liabilities 2023: $652,441Net Assets 2023: $158,8262023Assets 2024: $859,036Liabilities 2024: $633,101Net Assets 2024: $225,9352024

Highlighted filing

2024

Assets$859,036
Liabilities$633,101
Net Assets$225,935

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $83,429Expenses 2016: $70,081Net Income 2016: $13,3482016Revenue 2017: $120,334Expenses 2017: $125,626Net Income 2017: -$5,2922017Revenue 2018: $149,756Expenses 2018: $127,206Net Income 2018: $22,5502018Revenue 2019: $153,686Expenses 2019: $143,822Net Income 2019: $9,8642019Revenue 2020: $106,740Expenses 2020: $104,079Net Income 2020: $2,6612020Revenue 2021: $86,298Expenses 2021: $129,189Net Income 2021: -$42,8912021Revenue 2022: $123,731Expenses 2022: $141,320Net Income 2022: -$17,5892022Revenue 2023: $342,417Expenses 2023: $158,945Net Income 2023: $183,4722023Revenue 2024: $249,028Expenses 2024: $181,919Net Income 2024: $67,1092024

Highlighted filing

2024

Revenue$249,028
Expenses$181,919
Net Income$67,109

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$281,421
Mission and Program Overview

Mission

Our mission is to utilize the beneficial and therapeutic qualities of horses, thereby improving and enhancing the physical, emotional, and cognitive quality of life for children, adults, and our military personnel who are living with disabilities. We offer equine facilitated psychotherapy and adaptive riding in a professional, supportive equestrian environment.

Utilize the qualities of horses to enhance quality of life for individuals with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$593,436$779,753▲ $186,317
Cash and Non-Interest-Bearing Accounts$217,831$79,283▼ $138,548
Accounts Receivable-$0-
Total Assets$811,267$859,036▲ $47,769
Liabilities
Mortgage Notes Payable Secured by Investment Property$580,141$561,201▼ $18,940
Unsecured Notes Loans Payable$71,900$71,900→ $0
Other Liabilities$400$0▼ $400
Total Liabilities$652,441$633,101▼ $19,340
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$158,826$214,389▲ $55,563
Net Assets With Donor Restrictions-$11,546-
Total Net Assets Fund Balance$158,826$225,935▲ $67,109
Total Liabilities and Net Assets / Fund Balance$811,267$859,036▲ $47,769

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$494,888$16,595$511,483
Land$284,865-$284,865
Other Land Buildings$0$4,110$4,110
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joleen MagillBoard President
Mija SimsBoard Vice President
Karen KennardGeneral Board Member
Liz McnealeyGeneral Board Member
Mindy RothSecretary
Myrna GulickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$130,497
Program Service Revenue
$37,240
Investment Income
$18
Other Revenue
$81,273
All Other Contributions
$130,497
Change in Net Assets
$67,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,530
Salaries, Compensation, and Employee Benefits$78,389
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,545--$69,545
Interest-$28,011-$28,011
Insurance$10,647$3,549-$14,196
Advertising$8,411--$8,411
Depreciation Depletion$7,970--$7,970
Payroll Taxes$7,371--$7,371
Office Expenses$2,680$2,678-$5,358
Fees for Services Accounting-$5,153-$5,153
Occupancy$1,669$185-$1,854
Other Expenses$2,748$1,500-$1,500
Other Employee Benefits$1,473--$1,473
All Other Expenses-$1,093-$1,093
Total Functional Expenses$138,209$43,710$0$181,919
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$94,021
Fundraising Direct Expenses$31,483
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hoedown$23,445$23,445$4,783$18,662
Golf Tournament$21,975$21,975$6,645$15,330
Total Events$94,021$94,021$31,483$62,538
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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

The tax return is reviewed by the treasurer prior to filing

Form 990, Part VI, Section B, Line 12C

All board of directors sign a conflict of interest polity when agreeing to serve their term. Any arising issues are brought to the president

Form 990, Part VI, Section C, Line 19

All meetings are open to the public and all documents and financial statements are distributed at the monthly meetings and are are available to the general public by request

Filing and Contact Details

Filer

Filer Name
Horses Adaptive Riding and Therapy
EIN
47-3083537
Phone
5039999009
Address
PO BOX 121, RICKREALL, OR 97371

Signing Officer

Name
Myrna Gulick
Title
Treasurer
Phone
5039999009
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Myrna Gulick
Formed
2015
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
28

Preparer

Firm
Anthem Strategists Pc
Address
285 LIBERTY ST NE SUITE 300, SALEM, OR 97301
Preparer
Donald L King CPA
Phone
5033629152
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Bank fees: program service expenses 0. Management and general expenses 943. Fundraising expenses 0. Total expenses 943. Dues and subscriptions: program service expenses 0. Management and general expenses 150. Fundraising expenses 0. Total expenses 150.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt051
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt044884
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt089078
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt054480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt053615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt048975
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0291032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt051
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0106021
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt051467
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt09443
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01413
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09519
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0177863
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82250
IRS990ScheduleA/PublicSupportPY509Pct00.90190
IRS990ScheduleA/PublicSupportTotal509Amt0824478
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0175381
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0326576
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0131480
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt090925
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0100116
IRS990ScheduleA/Total509Grp/TotalAmt0824478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0281420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0378063
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0140927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt092342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0109640
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01002392
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0494888
IRS990ScheduleD/BuildingsGrp/DepreciationAmt016595
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0511483
IRS990ScheduleD/LandGrp/BookValueAmt0284865
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0284865
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04110
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04110
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0779753
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031483
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HOEDOWN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023445
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt021975
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt048601
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt094021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023445
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt021975
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt048601
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt094021
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt062538
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt020055
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt031483
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04783
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06645
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS REVIEWED BY THE TREASURER PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD OF DIRECTORS SIGN A CONFLICT OF INTEREST POLITY WHEN AGREEING TO SERVE THEIR TERM. ANY ARISING ISSUES ARE BROUGHT TO THE PRESIDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEETINGS ARE OPEN TO THE PUBLIC AND ALL DOCUMENTS AND FINANCIAL STATEMENTS ARE DISTRIBUTED AT THE MONTHLY MEETINGS AND ARE ARE AVAILABLE TO THE GENERAL PUBLIC BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 943. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 943. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 150. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0811267
IRS990/TotalAssetsEOYAmt0859036
IRS990/TotalAssetsGrp/BOYAmt0811267
IRS990/TotalAssetsGrp/EOYAmt0859036
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0130497
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043710
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0138209
IRS990/TotalFunctionalExpensesGrp/TotalAmt0181919
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0652441
IRS990/TotalLiabilitiesEOYAmt0633101
IRS990/TotalLiabilitiesGrp/BOYAmt0652441
IRS990/TotalLiabilitiesGrp/EOYAmt0633101
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0158826
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0225935
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0138209
IRS990/TotalProgramServiceRevenueAmt037240
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt073646
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt044885
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0249028
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt028
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0811267
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0859036
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

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