Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
EIN 54-1699898 • 501(c)3 • Lexington, VA
Profile
Hoofbeats provides training in horsemanship and therapeutic horseback riding for people with disabilities; hosts and attends equestrian competitions that promote a positive atmosphere to showcase the skills and efforts of disabled and able-bodied equestrians; (continued sch o) promotes educational, academic and life skills through joint riding and/or classroom projects with schools or rehabilitation centers; and engages in outreach programs to inform the public about the benefits of therapeutic riding and the concerns of the disabled.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
71st percentile
Faster asset growth than 71% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Assets
Up$112,666
Up $13,657 (+14%) from 2023
Liabilities
Up$819
Up $654 (+396%) from 2023
Net Assets
Up$111,847
Up $13,003 (+13%) from 2023
Revenue
Up$125,590
Up $10,815 (+9.4%) from 2023
Expenses
Down$112,587
Down $13,066 (-10%) from 2023
Net Income
Up$13,003
Up $23,881 (+220%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Hoofbeats provides training in horsemanship and therapeutic horseback riding for people with disabilities; hosts and attends equestrian competitions that promote a positive atmosphere to showcase the skills and efforts of disabled and able-bodied equestrians; (continued sch o) promotes educational, academic and life skills through joint riding and/or classroom projects with schools or rehabilitation centers; and engages in outreach programs to inform the public about the benefits of therapeutic riding and the concerns of the disabled.
Teaching horsemanship and therapeutic horseriding to children and adults with disabilities
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $55,211 | $74,442 | ▲ $19,231 |
| Land, Buildings, and Equipment, Net | $26,677 | $21,471 | ▼ $5,206 |
| Cash and Non-Interest-Bearing Accounts | $13,905 | $14,097 | ▲ $192 |
| Pledges and Grants Receivable | $2,720 | $2,160 | ▼ $560 |
| Total Assets | $99,009 | $112,666 | ▲ $13,657 |
| Other Assets Total | $496 | $496 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $165 | $687 | ▲ $522 |
| Other Liabilities | $0 | $132 | ▲ $132 |
| Total Liabilities | $165 | $819 | ▲ $654 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $93,287 | $109,670 | ▲ $16,383 |
| Net Assets With Donor Restrictions | $5,557 | $2,177 | ▼ $3,380 |
| Total Net Assets Fund Balance | $98,844 | $111,847 | ▲ $13,003 |
| Total Liabilities and Net Assets / Fund Balance | $99,009 | $112,666 | ▲ $13,657 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $21,471 | $42,410 | $63,881 |
| Name | Title |
|---|---|
| Katrina Mcneil | President |
| Nancy Schuster | Vice President |
| Conner Williams | Director |
| Ellen Pennine | Director |
| Evelyn Branscome | Director |
| Tenney Mudge | Director |
| Megan Hess | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $80,997 |
| Salaries, Compensation, and Employee Benefits | $31,590 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $29,423 | - | - | $29,423 |
| Fees for Services Other | $16,668 | $35 | - | $16,703 |
| All Other Expenses | $9,918 | $1,796 | - | $11,714 |
| Occupancy | $10,915 | - | - | $10,915 |
| Depreciation Depletion | $5,206 | - | - | $5,206 |
| Other Expenses | $3,784 | - | - | $3,784 |
| Insurance | $2,805 | $823 | - | $3,628 |
| Payroll Taxes | $2,167 | - | - | $2,167 |
| Fees for Services Accounting | - | $1,176 | - | $1,176 |
| Information Technology | - | $380 | - | $380 |
| Office Expenses | - | $131 | - | $131 |
| Total Functional Expenses | $108,246 | $4,341 | $0 | $112,587 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $4,973 |
| Fundraising Direct Expenses | $4,224 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payroll Liabilities | $132 |
“Hoofbeats has no committees with authority to act on behalf of the board of directors.”
“Form 990 is reviewed by the president before it is filed.”
“Hoofbeats form 990 in available at guidestar.org and in hard copy on request.”
“Hoofbeats makes its governing documents available on request.”
“Investment and bank fees: program service expenses 0. Management and general expenses 35. Fundraising expenses 0. Total expenses 35. Contract labor: program service expenses 16,668. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,668.”
“Scholarships used: program service expenses 3,380. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,380. Workers comp insurance: program service expenses 2,392. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,392. Sawdust & stall care: program service expenses 2,089. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,089. Tack expendables: program service expenses 1,102. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,102. Business expenses: program service expenses 0. Management and general expenses 871. Fundraising expenses 0. Total expenses 871. Telephone: program service expenses 610. Management and general expenses 0. Fundraising expenses 0. Total expenses 610. Training & education: program service expenses 0. Management and general expenses 348. Fundraising expenses 0. Total expenses 348. Supplies & equipment: program service expenses 345. Management and general expenses 0. Fundraising expenses 0. Total expenses 345. Miscellaneous expenses: program service expenses 0. Management and general expenses 323. Fundraising expenses 0. Total expenses 323. Postage: program service expenses 0. Management and general expenses 229. Fundraising expenses 0. Total expenses 229. Annual registration: program service expenses 0. Management and general expenses 25. Fundraising expenses 0. Total expenses 25.”
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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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 18 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 18929 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 14628 |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99450 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 90262 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYROLL LIABILITIES |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 132 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | HOOFBEATS HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 IS REVIEWED BY THE PRESIDENT BEFORE IT IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | HOOFBEATS FORM 990 IN AVAILABLE AT GUIDESTAR.ORG AND IN HARD COPY ON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | HOOFBEATS MAKES ITS GOVERNING DOCUMENTS AVAILABLE ON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | INVESTMENT AND BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 35. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 16,668. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,668. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SCHOLARSHIPS USED: PROGRAM SERVICE EXPENSES 3,380. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,380. WORKERS COMP INSURANCE: PROGRAM SERVICE EXPENSES 2,392. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,392. SAWDUST & STALL CARE: PROGRAM SERVICE EXPENSES 2,089. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,089. TACK EXPENDABLES: PROGRAM SERVICE EXPENSES 1,102. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,102. BUSINESS EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 871. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 871. TELEPHONE: PROGRAM SERVICE EXPENSES 610. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 610. TRAINING & EDUCATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 348. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 348. SUPPLIES & EQUIPMENT: PROGRAM SERVICE EXPENSES 345. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 345. MISCELLANEOUS EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 323. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 323. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 229. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 229. ANNUAL REGISTRATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 24E |
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| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 979 |
| IRS990/USAddress/CityNm | 0 | LEXINGTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | VA |
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| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.HOOF-BEATS.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MEGAN HESS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5404643337 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HOOFBEATS THERAPEUTIC RIDING CENTER INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOOF |
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| ReturnHeader/Filer/PhoneNum | 0 | 5404643337 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 979 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LEXINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 24450 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 541298267 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RAETZ & HAWKINS PC CPAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 128 SOUTH RANDOLPH STREET |
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