Civic Intelligence

Barnabas Horse Foundation Inc

EIN 61-1675670 • 501(c)3 • Murrells Inlet, SC

Profile

To provide equine-assisted therapy for individuals and families recovering from a traumatic experience and improve the quality of life for childen and adults

416 Windover CourtMurrells Inlet, SC 29576

www.barnabashorse.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

28th percentile

-13%

Higher net margin than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

36th percentile

-13%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-23%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$340,933

Down $38,188 (-10%) from 2023

Liabilities

Down

$4,413

Down $5,178 (-54%) from 2023

Net Assets

Down

$336,520

Down $33,010 (-8.9%) from 2023

Revenue

Up

$424,492

Up $16,258 (+4.0%) from 2023

Expenses

Down

$457,502

Down $5,573 (-1.2%) from 2023

Net Income

Up

-$33,010

Up $21,831 (+40%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $586Net Assets 2013: $5862013Assets 2014: $0Net Assets 2014: $8,8942014Assets 2015: $0Liabilities 2015: $02015Assets 2016: $225,041Liabilities 2016: $7,625Net Assets 2016: $217,4162016Assets 2017: $261,714Liabilities 2017: $25,377Net Assets 2017: $236,3372017Assets 2018: $348,520Liabilities 2018: $16,628Net Assets 2018: $331,8922018Assets 2019: $401,120Liabilities 2019: $16,526Net Assets 2019: $384,5942019Assets 2020: $371,306Liabilities 2020: $0Net Assets 2020: $371,3062020Assets 2021: $341,246Liabilities 2021: $6,955Net Assets 2021: $334,2912021Assets 2022: $434,517Liabilities 2022: $10,145Net Assets 2022: $424,3722022Assets 2023: $379,121Liabilities 2023: $9,591Net Assets 2023: $369,5302023Assets 2024: $340,933Liabilities 2024: $4,413Net Assets 2024: $336,5202024

Highlighted filing

2024

Assets$340,933
Liabilities$4,413
Net Assets$336,520

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $27,066Expenses 2013: $26,480Net Income 2013: $5862013Revenue 2014: $70,634Expenses 2014: $62,912Net Income 2014: $7,7222014Revenue 2015: $59,229Expenses 2015: $61,249Net Income 2015: -$2,0202015Revenue 2016: $326,257Expenses 2016: $130,765Net Income 2016: $195,4922016Revenue 2017: $342,943Expenses 2017: $324,021Net Income 2017: $18,9222017Revenue 2018: $443,633Expenses 2018: $347,799Net Income 2018: $95,8342018Revenue 2019: $452,999Expenses 2019: $399,711Net Income 2019: $53,2882019Revenue 2020: $409,150Expenses 2020: $422,320Net Income 2020: -$13,1702020Revenue 2021: $443,248Expenses 2021: $400,139Net Income 2021: $43,1092021Revenue 2022: $532,820Expenses 2022: $442,739Net Income 2022: $90,0812022Revenue 2023: $408,234Expenses 2023: $463,075Net Income 2023: -$54,8412023Revenue 2024: $424,492Expenses 2024: $457,502Net Income 2024: -$33,0102024

Highlighted filing

2024

Revenue$424,492
Expenses$457,502
Net Income-$33,010

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 25, 2025
Return Version
2024v5.1
Gross Receipts
$435,835
Mission and Program Overview

Mission

To provide equine-assisted therapy for individuals and families recovering from a traumatic experience and improve the quality of life for children and adults.

To provide equine-assisted therapy for individuals and families recovering from a traumatic experience and improve the quality of life for childen and adults

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$369,530$336,520▼ $33,010
Accounts Receivable$190,373$164,999▼ $25,374
Cash and Non-Interest-Bearing Accounts$150,210$140,734▼ $9,476
Land, Buildings, and Equipment, Net$37,338$35,200▼ $2,138
Total Assets$379,121$340,933▼ $38,188
Other Assets Total$1,200--
Liabilities
Other Liabilities$9,591$4,413▼ $5,178
Total Liabilities$9,591$4,413▼ $5,178
Net Assets / Fund Balance
Total Net Assets Fund Balance$369,530$336,520▼ $33,010
Total Liabilities and Net Assets / Fund Balance$379,121$340,933▼ $38,188

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$32,763$2,046-
Equipment$2,437$30,973-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan E MckinneyPresidentFT$65,000$65,000
Jennifer FaraSecretaryFT$55,000$55,000

Board Members and Trustees

NameTitle
Crystal HannaExecutive Director
Phyllis BuettnerChief Financial Officer
Deana OddoMember at Large
Kathleen DimuzioMember at Large
Revenue and Support

Revenue Composition

Contributions and Grants
$368,303
Program Service Revenue
$4,143
Investment Income
$0
Other Revenue
$52,046
All Other Contributions
$175,089
Change in Net Assets
$-33,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,805
Salaries, Compensation, and Employee Benefits$227,697
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$78,500$41,500$0$120,000
Comp Disqual Persons$82,646$0$0$82,646
Payroll Taxes$12,247$3,256$0$15,503
Insurance$13,766$0$0$13,766
Other Employee Benefits$7,543$2,005$0$9,548
Office Expenses$8,879$0$0$8,879
Fees for Services Accounting$0$8,510$0$8,510
Travel$7,669$0$0$7,669
Advertising$7,272$0$0$7,272
Information Technology$6,929$0$0$6,929
Occupancy$6,487$0$0$6,487
Conferences and Meetings$3,861$0$0$3,861
Other Expenses$2,861$0$0$2,861
All Other Expenses$1,423$1,110$0$2,533
Depreciation Depletion$2,138$0$0$2,138
Total Functional Expenses$401,121$56,381$0$457,502
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,221
Gaming Gross Income$19,008
Gaming Direct Expenses$7,455
Fundraising Direct Expenses$3,888
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Seen Through Horses$11,864$11,864$400$11,464
Giving Tuesdayh$10,251$10,251$400$9,851
Total Events$44,221$44,221$3,888$40,333
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SC Income Tax$598
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Barnabas Horse Foundation Inc
EIN
61-1675670
Phone
8433853141
Address
416 Windover Court, Murrells Inlet, SC 29576

Signing Officer

Name
Susan McKinney
Title
President
Phone
8433853141
Signed
2025-03-25
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
82

Preparer

Firm
Signature Accounting Strategies LLC
Address
135 S Dargan St - Ste 101, Florence, SC 29506
Preparer
Thomas A Finklea CPA
Phone
8434131331
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Board is notified when the 990 is completed and filed. It is available for review at the business office upon request.

Pt VI, Line 12C

All members are required to sign an annual conflict of interest statement describing any potential conflicts.

Pt VI, Line 15A

The Board of Directors annually reviews compensation levels utilizing comparable data. The full time staff is paid out of a annual grant they have gotten over the last few years.

Pt VI, Line 15B

The Board of Directors annually reviews compensation levels utilizing comparable data. The full time staff is paid out of a annual grant they have gotten over the last few years.

Pt VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public through the mail or by contacting the organization.

Pt VI, Line 8B

The organization does not have any committees.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0197194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0210681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0234460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0867379
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0867379
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0184271
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040773
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0197194
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0210681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0234460
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0867379
IRS990ScheduleA/TotalSupportAmt0867379
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt032763
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02046
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt034809
IRS990ScheduleD/EquipmentGrp/BookValueAmt02437
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030973
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt033410
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt03815
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SC Income Tax
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035200
IRS990ScheduleD/TotalLiabilityAmt04413
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03888
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Seen Through Horses
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Giving Tuesdayh
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011864
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010251
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt022106
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt044221
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011864
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010251
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt022106
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044221
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt040333
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03088
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03888
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0400
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0400
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt07455
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt019008
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt019008
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt011553
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt07455
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt07455
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/StatesWhereGamingConductedCd0SC
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board is notified when the 990 is completed and filed. It is available for review at the business office upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All members are required to sign an annual conflict of interest statement describing any potential conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors annually reviews compensation levels utilizing comparable data. The full time staff is paid out of a annual grant they have gotten over the last few years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors annually reviews compensation levels utilizing comparable data. The full time staff is paid out of a annual grant they have gotten over the last few years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy and financial statements available to the public through the mail or by contacting the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization does not have any committees.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 8b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0379121
IRS990/TotalAssetsEOYAmt0340933
IRS990/TotalAssetsGrp/BOYAmt0379121
IRS990/TotalAssetsGrp/EOYAmt0340933
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0368303
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056381
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0401121
IRS990/TotalFunctionalExpensesGrp/TotalAmt0457502
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09591
IRS990/TotalLiabilitiesEOYAmt04413
IRS990/TotalLiabilitiesGrp/BOYAmt09591
IRS990/TotalLiabilitiesGrp/EOYAmt04413
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0369530
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0336520
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00

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