Civic Intelligence

Hoofbeats Therapeutic Riding Center Inc

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.

PO Box 979Lexington, VA 24450

www.hoof-beats.com

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

9.4%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

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

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $44,644Liabilities 2010: $1,108Net Assets 2010: $43,5362010Assets 2011: $46,128Liabilities 2011: $1,617Net Assets 2011: $44,5112011Assets 2012: $40,298Liabilities 2012: $136Net Assets 2012: $40,1622012Assets 2013: $40,971Liabilities 2013: $835Net Assets 2013: $40,1362013Assets 2014: $79,441Liabilities 2014: $36,552Net Assets 2014: $42,8892014Assets 2015: $71,368Liabilities 2015: $31,986Net Assets 2015: $39,3822015Assets 2016: $64,754Liabilities 2016: $4,942Net Assets 2016: $59,8122016Assets 2017: $44,835Liabilities 2017: $2,292Net Assets 2017: $42,5432017Assets 2018: $65,749Liabilities 2018: $688Net Assets 2018: $65,0612018Assets 2019: $138,008Liabilities 2019: $2,843Net Assets 2019: $135,1652019Assets 2020: $113,966Liabilities 2020: $1,245Net Assets 2020: $112,7212020Assets 2021: $113,969Liabilities 2021: $1,672Net Assets 2021: $112,2972021Assets 2022: $111,169Liabilities 2022: $1,447Net Assets 2022: $109,7222022Assets 2023: $99,009Liabilities 2023: $165Net Assets 2023: $98,8442023Assets 2024: $112,666Liabilities 2024: $819Net Assets 2024: $111,8472024

Highlighted filing

2024

Assets$112,666
Liabilities$819
Net Assets$111,847

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $98,700Expenses 2010: $108,420Net Income 2010: -$9,7202010Revenue 2011: $108,706Expenses 2011: $107,731Net Income 2011: $9752011Revenue 2012: $98,068Expenses 2012: $102,417Net Income 2012: -$4,3492012Revenue 2013: $120,602Expenses 2013: $120,628Net Income 2013: -$262013Revenue 2014: $114,535Expenses 2014: $111,782Net Income 2014: $2,7532014Revenue 2015: $112,833Expenses 2015: $116,340Net Income 2015: -$3,5072015Revenue 2016: $147,660Expenses 2016: $127,230Net Income 2016: $20,4302016Revenue 2017: $108,688Expenses 2017: $125,957Net Income 2017: -$17,2692017Revenue 2018: $125,175Expenses 2018: $102,657Net Income 2018: $22,5182018Revenue 2019: $184,901Expenses 2019: $114,797Net Income 2019: $70,1042019Revenue 2020: $92,521Expenses 2020: $114,965Net Income 2020: -$22,4442020Revenue 2021: $113,637Expenses 2021: $114,061Net Income 2021: -$4242021Revenue 2022: $116,317Expenses 2022: $118,892Net Income 2022: -$2,5752022Revenue 2023: $114,775Expenses 2023: $125,653Net Income 2023: -$10,8782023Revenue 2024: $125,590Expenses 2024: $112,587Net Income 2024: $13,0032024

Highlighted filing

2024

Revenue$125,590
Expenses$112,587
Net Income$13,003

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.01$1.12$1.26$1.13$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.00$0.99$1.15$1.26$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.01$1.10$1.16$1.19$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.02$1.12$1.14$1.14$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.01$1.13$0.93$1.15$0.22
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.03$1.35$1.85$1.15$0.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.01$0.65$1.25$1.03$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.02$0.43$1.09$1.26$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.05$0.60$1.48$1.27$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.32$0.39$1.13$1.16$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.37$0.43$1.15$1.12$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$1.21$1.21$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.98$1.02$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.02$0.45$1.09$1.08$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.01$0.44$0.99$1.08$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$129,814
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Equipment$21,471$42,410$63,881
Compensation and Service Providers

Board Members and Trustees

NameTitle
Katrina McneilPresident
Nancy SchusterVice President
Conner WilliamsDirector
Ellen PennineDirector
Evelyn BranscomeDirector
Tenney MudgeDirector
Megan HessTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$101,365
Program Service Revenue
$20,245
Investment Income
$3,231
Other Revenue
$749
All Other Contributions
$101,365
Change in Net Assets
$13,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,973
Fundraising Direct Expenses$4,224
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$132
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

Hoofbeats has no committees with authority to act on behalf of the board of directors.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the president before it is filed.

Form 990, Part VI, Section C, Line 18

Hoofbeats form 990 in available at guidestar.org and in hard copy on request.

Form 990, Part VI, Section C, Line 19

Hoofbeats makes its governing documents available on request.

Filing and Contact Details

Filer

Filer Name
Hoofbeats Therapeutic Riding Center Inc
EIN
54-1699898
Phone
5404643337
Address
PO BOX 979, LEXINGTON, VA 24450

Signing Officer

Name
Megan Hess
Title
Treasurer
Phone
5404643337
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katrina Mcneil
Formed
1993
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
0

Preparer

Firm
Raetz & Hawkins Pc Cpas
Address
128 SOUTH RANDOLPH STREET, LEXINGTON, VA 24450-0916
Preparer
Lucas C Penix
Phone
5404637121
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

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.

Form 990, Part IX, Line 24E

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.

Raw XML AppendixShowing 400 of 410 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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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03229
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt025218
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt017749
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt025911
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt018929
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt014628
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03229
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IRS990ScheduleA/InvestmentIncomeCYPct00.01130
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0115333
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt093491
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0572366
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt042410
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IRS990ScheduleD/TotalLiabilityAmt0132
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOOFBEATS HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE PRESIDENT BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HOOFBEATS FORM 990 IN AVAILABLE AT GUIDESTAR.ORG AND IN HARD COPY ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOOFBEATS MAKES ITS GOVERNING DOCUMENTS AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INVESTMENT 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/ExplanationTxt5SCHOLARSHIPS 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/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
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IRS990/TerminateOperationsInd00
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IRS990/WebsiteAddressTxt0WWW.HOOF-BEATS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGAN HESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05404643337
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOOFBEATS THERAPEUTIC RIDING CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0HOOF
ReturnHeader/Filer/EIN0541699898
ReturnHeader/Filer/PhoneNum05404643337
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 979
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541298267
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAETZ & HAWKINS PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0128 SOUTH RANDOLPH STREET

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