Civic Intelligence

Spirithorse Therapeutic Riding Center

EIN 47-4178520 • 501(c)3 • Banner Elk, NC

990-N Coverage

Profile

Equine assisted therapeutic riding for children with special needs

7156 NC Highway 194 SBanner Elk, NC 28604

spiritridenc.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

81st percentile

39%

Higher net margin than 81% of similar nonprofits.

NTEE P80 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE P80 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$206,164

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$206,164

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin81st percentile

Revenue

$151,537

No earlier filing loaded for comparison.

Expenses

$92,518

No earlier filing loaded for comparison.

Net Income

$59,019

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2024: $206,164Net Assets 2024: $206,1642024

Highlighted filing

2024

Assets$206,164
Liabilities-
Net Assets$206,164
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0Revenue 2024: $151,537Expenses 2024: $92,518Net Income 2024: $59,0192024

Highlighted filing

2024

Revenue$151,537
Expenses$92,518
Net Income$59,019
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$206,164
Liabilities
-
Net assets
$206,164
Revenue
$151,537
Expenses
$92,518
Net income
$59,019
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.06$2.06$1.52$0.93$0.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 29, 2025
Return Version
2024v5.1
Gross Receipts
$151,537
Mission and Program Overview

Mission

Equine assisted therapeutic riding for children with special needs

Program Services

DescriptionGrantsExpenses
75 children provided individualized therapeutic riding to assist with a host of disabilities. Funds are used for facility maintenance equine health tack Insurance Postage Copying Feed,$0$60,550
Rebuilding and replacing after Hurricane Helene$0$31,968
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Craig AdamsCEOPT$0--
Patricia AdamsExecutive DirectorFT$0--
Multiple Volunteers20 VolunteersFT$0--
Karen ChongDirectorPT$0--
Mary BelangerDirectorPT$0--
Caila LeonardDirectorPT$0--
Kathryn WallaceDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Spirithorse Therapeutic Riding Center
EIN
47-4178520
In Care Of
% Craig G Adams
Address
7156 NC HIGHWAY 194 S, BANNER ELK, NC 28604

Signing Officer

Name
Craig Adams
Title
CEO CFO President
Signed
2025-04-29
Supplemental Narrative

Additional Explanations

Doing Business As Names

“Spirit Ride Inc.”

Part I, line 16

“| Other Expenses:, Amount:| Equine Health, $9913| Facilities and Equipment, $11016| Insurance, $3603| Derby, $20180| Hurricane Helene Repair Replace, $31968| Repay EIDL, $816| Other, $1749|”

Raw XML Appendix221 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Spirit Ride Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Equine Health, $9913| Facilities and Equipment, $11016| Insurance, $3603| Derby, $20180| Hurricane Helene Repair Replace, $31968| Repay EIDL, $816| Other, $1749|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Doing Business As Names
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Craig Adams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO CFO President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPIRITHORSE THERAPEUTIC RIDING CENTER
ReturnHeader/Filer/BusinessNameControlTxt0SPIR
ReturnHeader/Filer/EIN0474178520
ReturnHeader/Filer/ForeignPhoneNum09048237477
ReturnHeader/Filer/InCareOfNm0% Craig G Adams
ReturnHeader/Filer/USAddress/AddressLine1Txt07156 NC HIGHWAY 194 S
ReturnHeader/Filer/USAddress/CityNm0BANNER ELK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028604
ReturnHeader/ReturnTs02025-04-28T16:27:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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