Civic Intelligence

Small Miracles Therapeutic Equestrian Center Inc.

990 • Fiscal year 2022 • EIN 62-1603341

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 26, 2023

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

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

72nd percentile

22%

Higher net margin than 72% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

67th percentile

$49,676

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

63rd percentile

9.1%

Faster asset growth than 63% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

76th percentile

42%

Faster revenue growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$884,989

Up $74,123 (+9.1%) from 2021

Net Assets

Up

$884,989

Up $74,123 (+9.1%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$341,065

Up $101,028 (+42%) from 2021

Expenses

Up

$266,942

Up $9,726 (+3.8%) from 2021

Net Income

Up

$74,123

Up $91,302 (+531%) from 2021

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

2022

Assets$884,989
Liabilities$0
Net Assets$884,989

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

2022

Revenue$341,065
Expenses$266,942
Net Income$74,123
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 26, 2023
Return Version
2022v5.0
Gross Receipts
$345,299
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$525,966$620,197▲ $94,231
Land, Buildings, and Equipment, Net$284,900$264,792▼ $20,108
Total Assets$810,866$884,989▲ $74,123
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$795,600$765,548▼ $30,052
Net Assets With Donor Restrictions$15,266$119,441▲ $104,175
Total Net Assets Fund Balance$810,866$884,989▲ $74,123
Total Liabilities and Net Assets / Fund Balance$810,866$884,989▲ $74,123

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$601,333-$601,333
Land$150,000-$150,000
Leasehold Improvements$5,776-$5,776
Buildings$562$38$600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sherri RussellExecutive DiFT$49,676$49,676

Board Members and Trustees

NameTitle
Brian ElpersChairman
John TinglePresident
Debbie HubbardDirector
Jarrod ReedDirector
Jason JohnsonDirector
Kim CoxDirector
Nathan FloraDirector
Stan JohnsonDirector
Vera GilmerDirector
Christy MillerAdvisory COM
Deborah ReiffAdvisory COM
Phil ElseaAdvisory COM
Jenny DuggerSecretary
Rodney Rowlett IiiTreasurer
Ramona JacksonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$282,829
Program Service Revenue
$31,155
Investment Income
$1,671
Other Revenue
$25,410
All Other Contributions
$282,829
Change in Net Assets
$74,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$147,785
Other Expenses$119,157
Total Fundraising Expense$3,107
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$75,911$11,294$403$87,608
Current Officers, Directors, Trustees, and Key Employees$39,741$7,451$2,484$49,676
Depreciation Depletion$19,627$484-$20,111
Insurance$17,520--$17,520
All Other Expenses$10,077$5,330-$15,407
Payroll Taxes$8,847$1,434$220$10,501
Occupancy$10,309--$10,309
Fees for Services Accounting-$6,721-$6,721
Other Expenses$4,721$3,859-$4,721
Total Functional Expenses$227,017$36,818$3,107$266,942
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,644
Fundraising Direct Expenses$4,234
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$29,644$29,644$4,234$25,410
Total Events$29,644$29,644$4,234$25,410
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

Reviewed 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
2023-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherri Russell
Formed
1995
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
12

Preparer

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

Additional Explanations

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

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 443 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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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075911
IRS990/OtherSalariesAndWagesGrp/TotalAmt087608
IRS990/PartialLiquidationInd0false
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IRS990/PayrollTaxesGrp/FundraisingAmt0220
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01434
IRS990/PayrollTaxesGrp/ProgramServicesAmt08847
IRS990/PayrollTaxesGrp/TotalAmt010501
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SHERRI RUSSELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt031155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt031155
IRS990/ProgSrvcAccomActyOtherGrp/Desc0STUDENTS SHOWED IMPROVEMENT AS MEASURED THROUGH THE ORGANIZATION'S METRICS TO MEASURE EMOTIONAL AND PHYSICAL AREAS. IMPROVED SAFETY AND USEFULLNESS OF PROGRAM FACILITIES.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0176934
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0947
IRS990/PYOtherExpensesAmt094075
IRS990/PYOtherRevenueAmt033843
IRS990/PYProgramServiceRevenueAmt028313
IRS990/PYRevenuesLessExpensesAmt0-17179
IRS990/PYSalariesCompEmpBnftPaidAmt0163141
IRS990/PYTotalExpensesAmt0257216
IRS990/PYTotalRevenueAmt0240037
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt074123
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0214145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0282829
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0176934
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0257751
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0189467
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0189467
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01096448
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt062470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt067554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt061317
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt042966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt042966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0277273
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01373721
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0345299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0244488
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0319068
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0232433
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0232433
IRS990ScheduleA/Total509Grp/TotalAmt01373721
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0345299
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0244488
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0319068
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0232433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0232433
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01373721
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/BookValueAmt0562
IRS990ScheduleD/BuildingsGrp/DepreciationAmt038
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0600
IRS990ScheduleD/LandGrp/BookValueAmt0150000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0150000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05776
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05776
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0601333
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0601333
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0757671
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04234
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt029644
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029644
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt029644
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029644
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt025410
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04234
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04234
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STUDENTS SHOWED IMPROVEMENT AS MEASURED THROUGH THE ORGANIZATION'S METRICS TO MEASURE EMOTIONAL AND PHYSICAL AREAS. IMPROVED SAFETY AND USEFULLNESS OF PROGRAM FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED 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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0810866
IRS990/TotalAssetsEOYAmt0884989
IRS990/TotalAssetsGrp/BOYAmt0810866
IRS990/TotalAssetsGrp/EOYAmt0884989
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0282829
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03107
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036818
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0227017
IRS990/TotalFunctionalExpensesGrp/TotalAmt0266942
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0810866
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0884989
IRS990/TotalProgramServiceExpensesAmt0227017
IRS990/TotalProgramServiceRevenueAmt031155
IRS990/TotalReportableCompFromOrgAmt049676
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt032826
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0341065
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0810866
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0884989

Document Assets

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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