Civic Intelligence

Helping Horse Inc.

990 • Fiscal year 2020 • EIN 58-1852114

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 12, 2021

PO Box 99609Raleigh, NC 27624

(919) 816-2103

Siviq Scores

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

Liabilities / Assets

54th percentile

0.01x

Higher debt load relative to assets than 54% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.02x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$26,670

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2020 filings • NTEE E • <$500k nonprofits • Source year 2020

Asset Growth

71st percentile

17%

Faster asset growth than 71% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

87th percentile

55%

Faster revenue growth than 87% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$313,464

Up $45,175 (+17%) from 2019

Net Assets

$309,409

No earlier filing loaded for comparison.

Liabilities

Up

$4,055

Up $3,755 (+1252%) from 2019

Revenue

Up

$204,714

Up $72,500 (+55%) from 2019

Expenses

Up

$177,762

Up $68,136 (+62%) from 2019

Net Income

Up

$26,952

Up $4,364 (+19%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $67,264Liabilities 2011: $18,2252011Assets 2012: $72,647Liabilities 2012: $22,4902012Assets 2013: $80,963Liabilities 2013: $5,0502013Assets 2014: $216,620Liabilities 2014: $02014Assets 2015: $198,965Liabilities 2015: $0Net Assets 2015: $198,9652015Assets 2016: $216,513Liabilities 2016: $3002016Assets 2017: $220,487Liabilities 2017: $3012017Assets 2018: $246,311Liabilities 2018: $910Net Assets 2018: $245,4012018Assets 2019: $268,289Liabilities 2019: $3002019Assets 2020: $313,464Liabilities 2020: $4,055Net Assets 2020: $309,4092020Assets 2021: $258,307Liabilities 2021: $300Net Assets 2021: $258,0072021Assets 2022: $294,246Liabilities 2022: $10,825Net Assets 2022: $283,4212022Assets 2023: $412,067Liabilities 2023: $59,997Net Assets 2023: $352,0702023Assets 2024: $1,232,999Liabilities 2024: $922,137Net Assets 2024: $310,8622024

Highlighted filing

2020

Assets$313,464
Liabilities$4,055
Net Assets$309,409

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $43,785Expenses 2011: $44,406Net Income 2011: -$6212011Revenue 2012: $38,384Expenses 2012: $37,266Net Income 2012: $1,1182012Revenue 2013: $56,900Expenses 2013: $34,420Net Income 2013: $22,4802013Revenue 2014: $176,725Expenses 2014: $39,293Net Income 2014: $137,4322014Revenue 2015: $53,908Expenses 2015: $62,240Net Income 2015: -$8,3322015Revenue 2016: $112,133Expenses 2016: $94,885Net Income 2016: $17,2482016Revenue 2017: $83,456Expenses 2017: $71,033Net Income 2017: $12,4232017Revenue 2018: $121,075Expenses 2018: $95,860Net Income 2018: $25,2152018Revenue 2019: $132,214Expenses 2019: $109,626Net Income 2019: $22,5882019Revenue 2020: $204,714Expenses 2020: $177,762Net Income 2020: $26,9522020Revenue 2021: $159,956Expenses 2021: $211,358Net Income 2021: -$51,4022021Revenue 2022: $238,695Expenses 2022: $213,281Net Income 2022: $25,4142022Revenue 2023: $309,215Expenses 2023: $240,566Net Income 2023: $68,6492023Revenue 2024: $302,116Expenses 2024: $327,168Net Income 2024: -$25,0522024

Highlighted filing

2020

Revenue$204,714
Expenses$177,762
Net Income$26,952
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 12, 2021
Return Version
2019v5.1
Gross Receipts
$245,616
Mission and Program Overview

Mission

therapeutic riding for special needs students

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$205,094$213,310▲ $8,216
Land, Buildings, and Equipment, Net$30,172$75,141▲ $44,969
Cash and Non-Interest-Bearing Accounts$32,523$14,087▼ $18,436
Accounts Receivable-$10,126-
Prepaid Expenses and Deferred Charges$500$800▲ $300
Total Assets$268,289$313,464▲ $45,175
Liabilities
Deferred Revenue-$3,755-
Accounts Payable and Accrued Expenses$300$300→ $0
Total Liabilities$300$4,055▲ $3,755
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$265,634$307,624▲ $41,990
Net Assets With Donor Restrictions$2,355$1,785▼ $570
Total Net Assets Fund Balance$267,989$309,409▲ $41,420
Total Liabilities and Net Assets / Fund Balance$268,289$313,464▲ $45,175

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$66,340$2,187$68,527
Equipment$8,801$23,965$32,766
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jackie SaxtonExecutive DirectorPT$26,670$26,670

Board Members and Trustees

NameTitle
Jeff SpearsPresident
Mike CassettaVice President
Alexis ParkerDirector
Angela DavisDirector
Donna HeffringDirector
Kris AlvarengaDirector
Laurie RosenfeldDirector
Mary SpearsDirector
Suzie TaylorDirector
Theresa TeshSecretary
Rick HofsheierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$159,856
Program Service Revenue
$35,288
Investment Income
$1,155
Other Revenue
$8,415
All Other Contributions
$97,930
Change in Net Assets
$26,952

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$15,000fair market value
Other Non Cash Contri Table75$7,420fair market value
Other Non Cash Contri Table1$6,500fair market value
Clothing and Household Goods-$1,600fair market value
Total Noncash Contributions77$30,520-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,264
Salaries, Compensation, and Employee Benefits$41,498
Total Fundraising Expense$21,240
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$19,441$4,166$4,166$27,773
Occupancy$19,063$1,413$1,413$21,889
Other Expenses$16,661--$16,661
Insurance$12,374$3,093-$15,467
Conferences and Meetings--$15,174$15,174
Other Salaries and Wages$10,299--$10,299
Fees for Services Other$2,791$7,209-$10,000
Depreciation Depletion$5,721--$5,721
All Other Expenses$2,875$1,701-$4,576
Payroll Taxes$2,569$514$343$3,426
Advertising-$1,770-$1,770
Office Expenses$804$913-$1,717
Fees for Services Accounting$1,082$216$144$1,442
Total Functional Expenses$135,527$20,995$21,240$177,762
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,405
Fundraising Direct Expenses$19,161
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$66,180$12,180$9,399$2,781
None----
Total Events$66,180$12,180$16,399$-4,219
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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

Officer directors etc family relationship Part VI line 2

Board members Jeff and Mary Spears are husband and wife.

Form 990 governing body review Part VI line 11

A draft of the tax return is prepared by a CPA and approved by the Treasurer prior to filing.

Conflict of interest policy compliance Part VI line 12C

Board members and employees are expected to disclose any actual or potential conflicts of interest at the first available opportunity. The conflict of interest policy is signed and updated annually. The Organization attempts to make sure that anyone with a conflict abstains from discussion and voting on matters related to that conflict. This is noted in the minutes for that meeting.

Governing documents etc available to public Part VI line 19

The Organization makes its financial statements, governing documents and conflict of interest policy available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Helping Horse Inc
EIN
58-1852114
Address
PO Box 99609, Raleigh, NC 27624

Signing Officer

Name
Rick Hofsheier
Title
Treasurer
Phone
9198162103
Signed
2021-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Spears
Formed
1989
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
8
Volunteers
80

Preparer

Firm
Mark S Danes CPA PLLC
Address
5512 Frenchmans Creek Drive, Durham, NC 27713
Preparer
Mark Danes
Phone
9194521999
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Animal Care - services
IRS990/OtherExpensesGrp/Desc1Animal Care - supplies
IRS990/OtherExpensesGrp/Desc2Repairs
IRS990/OtherExpensesGrp/ProgramServicesAmt012831
IRS990/OtherExpensesGrp/ProgramServicesAmt129016
IRS990/OtherExpensesGrp/ProgramServicesAmt216661
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IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0Vendor refunds
IRS990/OtherRevenueMiscGrp/Desc1Landlord refunds
IRS990/OtherRevenueMiscGrp/Desc2Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02062
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2109
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0343
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0514
IRS990/PayrollTaxesGrp/ProgramServicesAmt02569
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0800
IRS990/PrincipalOfficerNm0Jeff Spears
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Program fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035288
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt042984
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0189
IRS990/PYOtherExpensesAmt083327
IRS990/PYOtherRevenueAmt031381
IRS990/PYProgramServiceRevenueAmt057660
IRS990/PYRevenuesLessExpensesAmt022588
IRS990/PYSalariesCompEmpBnftPaidAmt026299
IRS990/PYTotalExpensesAmt0109626
IRS990/PYTotalRevenueAmt0132214
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt026952
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt035288
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0205094
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0213310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0159856
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt077212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050256
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0424853
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0189
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0163
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0142
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0147
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01769
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0237787
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt023405
IRS990ScheduleA/OtherIncome170Grp/TotalAmt023405
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82560
IRS990ScheduleA/PublicSupportPY170Pct00.95000
IRS990ScheduleA/PublicSupportTotal170Amt0371525
IRS990ScheduleA/SubstantialContributorsTotAmt053328
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0159856
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt077212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt050256
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049351
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0424853
IRS990ScheduleA/TotalSupportAmt0450027
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt08801
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023965
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032766
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt066340
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02187
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt068527
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075141
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt054000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt054000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016399
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0None
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03500
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt066180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt066180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012180
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4219
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09399
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09399
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03500
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0fair market value
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt01600
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt075
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt21
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Auction items
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1gravel for parking lot

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.92$0.31$0.30$0.33$0.03
2023Summary only. Only limited summary data is available for this year.$0.41$0.06$0.35$0.31$0.24$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.01$0.28$0.24$0.21$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.16$0.21$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.20$0.18$0.03
2019Summary only. Only limited summary data is available for this year.$0.27$0.00$0.13$0.11$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.00$0.25$0.12$0.10$0.03
2017Summary only. Only limited summary data is available for this year.$0.22$0.00$0.08$0.07$0.01
2016Summary only. Only limited summary data is available for this year.$0.22$0.00$0.11$0.09$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.05$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$0.22$0.00$0.18$0.04$0.14
2013Summary only. Only limited summary data is available for this year.$0.08$0.01$0.06$0.03$0.02
2012Summary only. Only limited summary data is available for this year.$0.07$0.02$0.04$0.04$0.00
2011Summary only. Only limited summary data is available for this year.$0.07$0.02$0.04$0.04$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits