Civic Intelligence

Small Miracles Therapeutic Equestrian Center Inc.

990 • Fiscal year 2019 • EIN 62-1603341

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 12, 2020

1026 Rock Springs DriveKingsport, TN 37664

(423) 349-1111

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$47,796

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

26th percentile

-4.1%

Faster asset growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-1.6%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$798,726

Down $34,152 (-4.1%) from 2018

Net Assets

Down

$798,726

Down $34,149 (-4.1%) from 2018

Liabilities

Down

$0

Down $3 (-100%) from 2018

Revenue

Down

$248,613

Down $3,974 (-1.6%) from 2018

Expenses

Up

$282,762

Up $27,929 (+11%) from 2018

Net Income

Down

-$34,149

Down $31,903 (-1420%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $507,503Liabilities 2011: $2,195Net Assets 2011: $505,3082011Assets 2012: $551,752Liabilities 2012: $3,691Net Assets 2012: $548,0612012Assets 2013: $595,317Liabilities 2013: $1Net Assets 2013: $595,3162013Assets 2014: $646,531Liabilities 2014: $0Net Assets 2014: $646,5312014Assets 2015: $721,921Liabilities 2015: $0Net Assets 2015: $721,9212015Assets 2016: $791,950Liabilities 2016: $0Net Assets 2016: $791,9502016Assets 2017: $835,121Liabilities 2017: $0Net Assets 2017: $835,1212017Assets 2018: $832,878Liabilities 2018: $3Net Assets 2018: $832,8752018Assets 2019: $798,726Liabilities 2019: $0Net Assets 2019: $798,7262019Assets 2020: $828,045Liabilities 2020: $0Net Assets 2020: $828,0452020Assets 2021: $810,866Liabilities 2021: $0Net Assets 2021: $810,8662021Assets 2022: $884,989Liabilities 2022: $0Net Assets 2022: $884,9892022Assets 2023: $856,493Liabilities 2023: $0Net Assets 2023: $856,4932023Assets 2024: $825,985Liabilities 2024: $0Net Assets 2024: $825,9852024

Highlighted filing

2019

Assets$798,726
Liabilities$0
Net Assets$798,726

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $241,138Expenses 2011: $264,519Net Income 2011: -$23,3812011Revenue 2012: $310,376Expenses 2012: $267,623Net Income 2012: $42,7532012Revenue 2013: $263,836Expenses 2013: $216,581Net Income 2013: $47,2552013Revenue 2014: $282,414Expenses 2014: $231,198Net Income 2014: $51,2162014Revenue 2015: $323,836Expenses 2015: $248,446Net Income 2015: $75,3902015Revenue 2016: $309,643Expenses 2016: $239,614Net Income 2016: $70,0292016Revenue 2017: $278,462Expenses 2017: $235,291Net Income 2017: $43,1712017Revenue 2018: $252,587Expenses 2018: $254,833Net Income 2018: -$2,2462018Revenue 2019: $248,613Expenses 2019: $282,762Net Income 2019: -$34,1492019Revenue 2020: $311,622Expenses 2020: $282,303Net Income 2020: $29,3192020Revenue 2021: $240,037Expenses 2021: $257,216Net Income 2021: -$17,1792021Revenue 2022: $341,065Expenses 2022: $266,942Net Income 2022: $74,1232022Revenue 2023: $241,034Expenses 2023: $269,530Net Income 2023: -$28,4962023Revenue 2024: $229,287Expenses 2024: $259,795Net Income 2024: -$30,5082024

Highlighted filing

2019

Revenue$248,613
Expenses$282,762
Net Income-$34,149
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 12, 2020
Return Version
2019v5.0
Gross Receipts
$302,193
Mission and Program Overview

Mission

To enhance physical, emotional, and cognitive growth of individuals with special needs through equine-assisted activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$479,722$471,348▼ $8,374
Land, Buildings, and Equipment, Net$352,703$327,378▼ $25,325
Prepaid Expenses and Deferred Charges$450--
Total Assets$832,875$798,726▼ $34,149
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$821,045$786,896▼ $34,149
Net Assets With Donor Restrictions$11,830$11,830→ $0
Total Net Assets Fund Balance$832,875$798,726▼ $34,149
Total Liabilities and Net Assets / Fund Balance$832,875$798,726▼ $34,149

Asset Categories

AssetBook ValueDepreciationBasis
Land$150,000-$150,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sherri RussellExecutive DiFT$47,796$47,796

Board Members and Trustees

NameTitle
John GreenChairman
Lisa ClemonsChairman
Stan JohnsonChairman
Tina DavisChairman
Brian ElpersPresident
Debbie HubbardDirector
Jason JohnsonDirector
Jennifer SoltDirector
Jenny DuggerDirector
Jordan SpanoDirector
Kim CoxDirector
Mark WinigerDirector
Jarrod ReedAdvisory Boa
Denise MurraySecretary
Rodney Rowlett IiiTreasurer
John TingleVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$198,527
Program Service Revenue
$24,038
Investment Income
$2,774
Other Revenue
$23,274
All Other Contributions
$198,527
Change in Net Assets
$-34,149
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$159,180
Other Expenses$123,582
Total Fundraising Expense$3,259
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,669$25,122$3,026$147,817
Depreciation Depletion$30,622$480-$31,102
Insurance$17,928--$17,928
All Other Expenses$8,012$3,654-$11,666
Payroll Taxes$9,199$1,931$233$11,363
Occupancy$8,732--$8,732
Fees for Services Accounting-$4,721-$4,721
Other Expenses$3,985$157-$3,985
Total Functional Expenses$240,111$39,392$3,259$282,762
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,854
Fundraising Direct Expenses$53,580
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$76,854$76,854$53,580$23,274
Total Events$76,854$76,854$53,580$23,274
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
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Reviewd at monthly board meetings

Form 990, Page 6, Part VI, Line 15A

Subject to full board approval

Form 990, Page 6, Part VI, Line 15B

Subject to full board approval

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest polic y, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Small Miracles Therapeutic
EIN
62-1603341
Phone
4233491111
Address
1026 ROCK SPRINGS DRIVE, KINGSPORT, TN 37664

Signing Officer

Name
Sherri Russell
Title
Executive Director
Phone
4233491111
Signed
2020-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherri Russell
Formed
1995
Legal Domicile
Tn
Voting Board Members
16
Independent Board Members
16
Employees
11

Preparer

Firm
Rodefer Moss & Co Pllc
Address
204 LYNN GARDEN DR PO BOX 1818, KINGSPORT, TN 37660
Preparer
Forooz G Smalley
Phone
4232464062
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

In 2019 students showed improvement as measured through the organization's metrics to measure emotional and physical areas. Improved safety and usefullness of program facilities.

Raw XML AppendixShowing 400 of 433 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/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0199306
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0209023
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0964375
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt049514
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt064981
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2019 STUDENTS SHOWED IMPROVEMENT AS MEASURED THROUGH THE ORGANIZATION'S METRICS TO MEASURE EMOTIONAL AND PHYSICAL AREAS. IMPROVED SAFETY AND USEFULLNESS OF PROGRAM FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWD AT MONTHLY BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUBJECT TO FULL BOARD APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUBJECT TO FULL BOARD APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLIC Y, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt01615 CHARLES JOHNSON RD
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERRI RUSSELL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.26$0.00$8.26$2.29$2.60$0.31
2023Detailed filing. Detailed filing data is available for this year.$8.56$0.00$8.56$2.41$2.70$0.28
2022Detailed filing. Detailed filing data is available for this year.$8.85$0.00$8.85$3.41$2.67$0.74
2021Detailed filing. Detailed filing data is available for this year.$8.11$0.00$8.11$2.40$2.57$0.17
2020Detailed filing. Detailed filing data is available for this year.$8.28$0.00$8.28$3.12$2.82$0.29
2019Detailed filing. Detailed filing data is available for this year.$7.99$0.00$7.99$2.49$2.83$0.34
2018Detailed filing. Detailed filing data is available for this year.$8.33$0.00$8.33$2.53$2.55$0.02
2017Detailed filing. Detailed filing data is available for this year.$8.35$0.00$8.35$2.78$2.35$0.43
2016Detailed filing. Detailed filing data is available for this year.$7.92$0.00$7.92$3.10$2.40$0.70
2015Detailed filing. Detailed filing data is available for this year.$7.22$0.00$7.22$3.24$2.48$0.75
2014Detailed filing. Detailed filing data is available for this year.$6.47$0.00$6.47$2.82$2.31$0.51
2013Detailed filing. Detailed filing data is available for this year.$5.95$0.00$5.95$2.64$2.17$0.47
2012Summary only. Only limited summary data is available for this year.$5.52$0.04$5.48$3.10$2.68$0.43
2011Summary only. Only limited summary data is available for this year.$5.08$0.02$5.05$2.41$2.65$0.23