Circle S Equestrian Center

990EZ • Fiscal year 2017 • EIN 47-4966673

Jan 01, 2017 to Dec 31, 2017 • Filed on Jan 31, 2018

Organization Profile

409 Simpson StWestminster, SC 29693

(864) 614-2129

Siviq Scores

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

1.22x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

22.75x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-623%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-27%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

-22%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets95th percentile

Assets

Down

$99,091

Down $37,249 (-27%) from 2016

Net Assets

Down

-$21,439

Down $9,648 (-82%) from 2016

Liabilities

Down

$120,530

Down $27,601 (-19%) from 2016

Revenue And Expenses

Liabilities / Revenue100th percentile Net Margin1st percentile

Revenue

Down

$5,299

Down $1,461 (-22%) from 2016

Expenses

$38,296

Up $5,155 (+16%) from 2016

Net Income

Down

-$32,997

Down $6,616 (-25%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

Highlighted filing

2017

Assets$99,091

Liabilities$120,530

Net Assets-$21,439

Open 2017 Filing

Operations Trend

Revenue Growth22nd percentile

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

Highlighted filing

2017

Revenue$5,299

Expenses$38,296

Net Income-$32,997

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Jan 31, 2018
Return Version: 2017v2.2
Gross Receipts: $5,299

Mission and Program Overview

Mission

HELPING THE COMMUNITY

Program Services

Description	Grants	Expenses
HELPING WITH DISABLE CHRILDREN AND VERTRANSGIVE THE COMMUNITY A PLACE TO GO TO LEARN ABOUT HORSE THE CORRECT WAY TO RIDE AND TAKE CARE OF THE HORSES	-	-

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
LARRY M SULLIVAN	Officer	FT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Circle S Equestrian Center
EIN: 47-4966673
Address: 409 SIMPSON ST, WESTMINSTER, SC 29693

Signing Officer

Name: Larry M Sullivan
Title: Officer
Phone: 8646142129
Signed: 2018-01-31
Discuss with paid preparer: Yes

Preparer

Firm: Business World Inc
Address: PO Box 151, Westminster, SC 29693
Preparer: Glinda Holt
Phone: 8646472335

Supplemental Narrative

Additional Explanations

General explanation attachment

“Loan was secured to begin the public charity”

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 20,749repair 4,290adv 562supplies 8,754equipment rental and maint 520office and dues 26vet 324gas 2,277small tools 319bank charges 125utilites 350”

Other changes in net assets or fund balances Part I line 20

“Description amountdepreciation 20,749horses 2 died 2,600”

Description of other assets Part II line 24

“Category beginning of year end of yearequipment 19,240 6,421horses 10,800 5,020vehicles 26,300 12,624”

Description of total liabilities Part II line 26

“Category beginning of year end of yearaction septic 358 0larry sullivan 147,773 120,530”

Raw XML Appendix131 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	LARRY M SULLIVAN
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8646142129
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	409 SIMPSON ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	WESTMINSTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	29693
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	0
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	0
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	4074
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-32997
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	136340
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	99091
IRS990EZ/FundraisingGrossIncomeAmt	0	1225
IRS990EZ/GrossReceiptsAmt	0	5299
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	80000
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	75026
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-11791
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-21439
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-11791
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-21439
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	112.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	LARRY M SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	OFFICER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	56340
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	24065
IRS990EZ/OtherChangesInNetAssetsAmt	0	23349
IRS990EZ/OtherExpensesTotalAmt	0	38296
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	HELPING THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	HELPING WITH DISABLE CHRILDREN AND VERTRANSGIVE THE COMMUNITY A PLACE TO GO TO LEARN ABOUT HORSE THE CORRECT WAY TO RIDE AND TAKE CARE OF THE HORSES
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	1225
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	SC
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	148131
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	120530
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	38296
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	5299
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationOtherDesc	0	CHARITY
IRS990EZ/TypeOfOrganizationOtherInd	0	X
IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	4074
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	6760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	10834
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt	0	1225
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	1225
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportTotal509Amt	0	12059
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	5299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	6760
IRS990ScheduleA/Total509Grp/TotalAmt	0	12059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	5299
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	6760
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	0
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	12059
IRS990ScheduleC/CorrectionMadeInd	0	false
IRS990ScheduleC/Form4720FiledSection4955TaxInd	0	false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	LOAN WAS SECURED TO BEGIN THE PUBLIC CHARITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION AMOUNTDEPRECIATION FROM 4562 20,749REPAIR 4,290ADV 562SUPPLIES 8,754EQUIPMENT RENTAL AND MAINT 520OFFICE AND DUES 26VET 324GAS 2,277SMALL TOOLS 319BANK CHARGES 125UTILITES 350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION AMOUNTDEPRECIATION 20,749HORSES 2 DIED 2,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	CATEGORY BEGINNING OF YEAR END OF YEAREQUIPMENT 19,240 6,421HORSES 10,800 5,020VEHICLES 26,300 12,624
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	CATEGORY BEGINNING OF YEAR END OF YEARACTION SEPTIC 358 0LARRY SULLIVAN 147,773 120,530
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Description of total liabilities Part II line 26
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	LARRY M SULLIVAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8646142129
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	CIRCLE S EQUESTRIAN CENTER
ReturnHeader/Filer/BusinessNameControlTxt	0	CIRC
ReturnHeader/Filer/EIN	0	474966673
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	409 SIMPSON ST
ReturnHeader/Filer/USAddress/CityNm	0	WESTMINSTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	SC
ReturnHeader/Filer/USAddress/ZIPCd	0	29693
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	D6A582757DB3FBB1C750B719AF73E53504DFADCD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	D6A582757DB3FBB1C750B719AF73E53504DFADCD
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId	0	5726832018040sbe05iy
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt	0	2018-02-09
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	108.91.97.180
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-02-09
ReturnHeader/FilingSecurityInformation/IPTm	0	17:09:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	571009146
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Business World Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	PO Box 151
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Westminster
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	29693
ReturnHeader/PreparerPersonGrp/PhoneNum	0	8646472335
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-02-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Glinda Holt
ReturnHeader/ReturnTs	0	2018-02-09T17:05:36-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $99,091
Liabilities: $120,530
Net assets: -$21,439
Revenue: $5,299
Expenses: $38,296
Net income: -$32,997

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2023Detailed filing. Detailed filing data is available for this year.	$0.61	$1.51	$0.90	$0.02	$0.10	$0.08
2022Detailed filing. Detailed filing data is available for this year.	$0.64	$1.46	$0.82	$0.04	$0.15	$0.11
2021Detailed filing. Detailed filing data is available for this year.	$0.67	$1.38	$0.71	$0.08	$0.13	$0.05
2020Detailed filing. Detailed filing data is available for this year.	$0.72	$1.38	$0.66	$0.03	$0.15	$0.13
2019Detailed filing. Detailed filing data is available for this year.	$0.79	$1.32	$0.54	$0.05	$0.24	$0.19
2018Detailed filing. Detailed filing data is available for this year.	$0.87	$1.22	$0.35	$0.08	$0.34	$0.25
2017Detailed filing. Detailed filing data is available for this year.	$0.99	$1.21	$0.21	$0.05	$0.38	$0.33
2016Detailed filing. Detailed filing data is available for this year.	$1.36	$1.48	$0.12	$0.07	$0.33	$0.26