Civic Intelligence

Talbot Special Riders Inc C/O Vincent Radosta Treasurer

990 • Fiscal year 2020 • EIN 52-1784328

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 22, 2021

PO Box 391Easton, MD 21601

(410) 673-7450

Siviq Scores

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

Liabilities / Assets

34th percentile

0.00x

Higher debt load relative to assets than 34% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

42nd percentile

0.03x

Higher debt load relative to revenue than 42% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

16th percentile

-21%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

66th percentile

$49,961

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 40.9% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

44th percentile

3.8%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-9.0%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$748,157

Up $27,563 (+3.8%) from 2019

Net Assets

Up

$745,056

Up $26,062 (+3.6%) from 2019

Liabilities

Up

$3,101

Up $1,501 (+94%) from 2019

Revenue

Down

$122,017

Down $12,066 (-9.0%) from 2019

Expenses

Down

$147,335

Down $169 (-0.1%) from 2019

Net Income

Down

-$25,318

Down $11,897 (-89%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $427,705Liabilities 2011: $02011Assets 2012: $458,108Liabilities 2012: $0Net Assets 2012: $458,1082012Assets 2013: $522,882Liabilities 2013: $0Net Assets 2013: $522,8822013Assets 2014: $567,354Liabilities 2014: $0Net Assets 2014: $567,3542014Assets 2015: $572,216Liabilities 2015: $0Net Assets 2015: $572,2162015Assets 2016: $622,793Liabilities 2016: $1,707Net Assets 2016: $621,0862016Assets 2017: $673,798Liabilities 2017: $1,787Net Assets 2017: $672,0112017Assets 2018: $634,601Liabilities 2018: $1,600Net Assets 2018: $633,0012018Assets 2019: $720,594Liabilities 2019: $1,600Net Assets 2019: $718,9942019Assets 2020: $748,157Liabilities 2020: $3,101Net Assets 2020: $745,0562020Assets 2021: $837,432Liabilities 2021: $5,272Net Assets 2021: $832,1602021Assets 2022: $679,017Liabilities 2022: $1,154Net Assets 2022: $677,8632022Assets 2023: $742,236Liabilities 2023: $23,348Net Assets 2023: $718,8882023Assets 2024: $796,023Liabilities 2024: $24,593Net Assets 2024: $771,4302024

Highlighted filing

2020

Assets$748,157
Liabilities$3,101
Net Assets$745,056

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $58,915Expenses 2011: $41,750Net Income 2011: $17,1652011Revenue 2012: $71,702Expenses 2012: $41,299Net Income 2012: $30,4032012Revenue 2013: $115,699Expenses 2013: $50,925Net Income 2013: $64,7742013Revenue 2014: $92,888Expenses 2014: $48,416Net Income 2014: $44,4722014Revenue 2015: $55,388Expenses 2015: $50,525Net Income 2015: $4,8632015Revenue 2016: $168,513Expenses 2016: $119,643Net Income 2016: $48,8702016Revenue 2017: $191,740Expenses 2017: $140,810Net Income 2017: $50,9302017Revenue 2018: $142,941Expenses 2018: $136,270Net Income 2018: $6,6712018Revenue 2019: $134,083Expenses 2019: $147,504Net Income 2019: -$13,4212019Revenue 2020: $122,017Expenses 2020: $147,335Net Income 2020: -$25,3182020Revenue 2021: $97,465Expenses 2021: $145,513Net Income 2021: -$48,0482021Revenue 2022: $146,046Expenses 2022: $194,131Net Income 2022: -$48,0852022Revenue 2023: $159,101Expenses 2023: $168,373Net Income 2023: -$9,2722023Revenue 2024: $176,600Expenses 2024: $192,981Net Income 2024: -$16,3812024

Highlighted filing

2020

Revenue$122,017
Expenses$147,335
Net Income-$25,318
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 22, 2021
Return Version
2020v4.0
Gross Receipts
$142,887
Mission and Program Overview

Mission

To provide therapeutic horseback riding as physical and emotional support for mentally and physically disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$571,783$615,386▲ $43,603
Savings and Temporary Cash Investments$79,763$75,031▼ $4,732
Land, Buildings, and Equipment, Net$47,714$40,298▼ $7,416
Cash and Non-Interest-Bearing Accounts$16,930$17,442▲ $512
Prepaid Expenses and Deferred Charges$2,500$0▼ $2,500
Accounts Receivable$1,904$0▼ $1,904
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$720,594$748,157▲ $27,563
Other Assets Total-$0-
Liabilities
Other Liabilities-$3,101-
Deferred Revenue$1,600--
Total Liabilities$1,600$3,101▲ $1,501
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$718,994$744,815▲ $25,821
Net Assets With Donor Restrictions-$241-
Total Net Assets Fund Balance$718,994$745,056▲ $26,062
Total Liabilities and Net Assets / Fund Balance$720,594$748,157▲ $27,563

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,691$12,187$39,878
Leasehold Improvements$11,000$19,800$30,800
Equipment$1,607$893$2,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim HopkinsExecutive DirectorFT$49,961$49,961

Board Members and Trustees

NameTitle
James F WrightPresident
Jack KirkDirector
Jack MeyerhoffDirector
Jeanie TuckerDirector
Jennie RomanDirector
Mary CottinghamDirector
Sandra Wellford KingDirector
Jean SchneebeliSecretary
Martha RussellTreasurer
Meg SteinVolunteer Coord
Revenue and Support

Revenue Composition

Contributions and Grants
$108,489
Program Service Revenue
$2,910
Investment Income
$5,710
Other Revenue
$4,908
All Other Contributions
$63,947
Change in Net Assets
$-25,318
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,526
Salaries, Compensation, and Employee Benefits$53,809
Total Fundraising Expense$7,729
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,471$7,494$4,996$49,961
Occupancy$8,169--$8,169
Depreciation Depletion$7,416--$7,416
Payroll Taxes$2,886$577$385$3,848
Insurance$2,932$84$56$3,072
Fees for Services Other$1,802$610$640$3,052
Fees for Services Accounting-$1,500-$1,500
Office Expenses-$365$1,095$1,460
All Other Expenses$1,196--$1,196
Other Expenses$404$188$404$808
Fees for Services Legal$300--$300
Advertising--$28$28
Total Functional Expenses$128,788$10,818$7,729$147,335
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,211
Fundraising Direct Expenses$1,303
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bike Ride$15,147$5,272$375$4,897
Total Events$15,147$5,272$1,303$3,969
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kim Hopkinstimber GroveExec. DirectorGround LeaseNo$5,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$1,581
Lesson Deposits$1,520
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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, Line 8: Explanation of No Contemporaneously Documentation of Meetings

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the 990 is provided to board members for review.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest policy is distributed annually to board members for signature.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Positive Strides Inc
EIN
52-1784328
Phone
4106737450
Address
PO BOX 391, EASTON, MD 21601

Signing Officer

Name
Martha Russell
Title
Treasurer
Signed
2021-03-22
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
50

Preparer

Firm
Weaver Mavity Short Associates LLC
Address
117 Bay Street, Easton, MD 21601
Preparer
David L Short
Phone
4108208400
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04908
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IRS990/OfficeExpensesGrp/TotalAmt01460
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc1COVID SUPPLIES
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3DUES
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IRS990/OtherExpensesGrp/TotalAmt21250
IRS990/OtherExpensesGrp/TotalAmt3808
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PYOtherRevenueAmt05503
IRS990/PYProgramServiceRevenueAmt032415
IRS990/PYRevenuesLessExpensesAmt0-13421
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IRS990/PYTotalRevenueAmt0134083
IRS990/QuidProQuoContributionsInd0false
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-25318
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt079763
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016635
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt083737
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0430542
IRS990ScheduleA/TotalSupportAmt0506214
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt027691
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012187
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt039878
IRS990ScheduleD/EquipmentGrp/BookValueAmt01607
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0893
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011000
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt019800
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt030800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01581
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11520
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt040298
IRS990ScheduleD/TotalLiabilityAmt03101
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt09875
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt09875
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01303
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BIKE RIDE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.96$0.25$7.71$1.77$1.93$0.16
2023Detailed filing. Detailed filing data is available for this year.$7.42$0.23$7.19$1.59$1.68$0.09
2022Detailed filing. Detailed filing data is available for this year.$6.79$0.01$6.78$1.46$1.94$0.48
2021Detailed filing. Detailed filing data is available for this year.$8.37$0.05$8.32$0.97$1.46$0.48
2020Detailed filing. Detailed filing data is available for this year.$7.48$0.03$7.45$1.22$1.47$0.25
2019Detailed filing. Detailed filing data is available for this year.$7.21$0.02$7.19$1.34$1.48$0.13
2018Summary only. Only limited summary data is available for this year.$6.35$0.02$6.33$1.43$1.36$0.07
2017Detailed filing. Detailed filing data is available for this year.$6.74$0.02$6.72$1.92$1.41$0.51
2016Detailed filing. Detailed filing data is available for this year.$6.23$0.02$6.21$1.69$1.20$0.49
2015Detailed filing. Detailed filing data is available for this year.$5.72$0.00$5.72$0.55$0.51$0.05
2014Detailed filing. Detailed filing data is available for this year.$5.67$0.00$5.67$0.93$0.48$0.44
2013Detailed filing. Detailed filing data is available for this year.$5.23$0.00$5.23$1.16$0.51$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$0.00$4.58$0.72$0.41$0.30
2011Summary only. Only limited summary data is available for this year.$4.28$0.00$0.59$0.42$0.17