Civic Intelligence

Equidon Inc.

990 • Fiscal year 2019 • EIN 62-1873841

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 01, 2020

111 Pete Greever RdLaurel Bloomery, TN 37680

(423) 727-7080

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

0.10x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

88th percentile

71%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

91st percentile

80%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Up

$186,650

Up $77,244 (+71%) from 2018

Net Assets

Up

$163,266

Up $78,567 (+93%) from 2018

Liabilities

Down

$23,384

Down $1,323 (-5.4%) from 2018

Revenue

Up

$231,597

Up $102,586 (+80%) from 2018

Expenses

Up

$153,030

Up $1,480 (+1.0%) from 2018

Net Income

Up

$78,567

Up $101,106 (+449%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $20,946Liabilities 2010: $02010Assets 2011: $18,541Liabilities 2011: $02011Assets 2012: $20,693Liabilities 2012: $02012Assets 2013: $17,441Liabilities 2013: $02013Assets 2014: $35,518Liabilities 2014: $8,501Net Assets 2014: $27,0172014Assets 2015: $32,453Net Assets 2015: $32,4532015Assets 2016: $81,573Liabilities 2016: $26,883Net Assets 2016: $54,6902016Assets 2017: $117,408Liabilities 2017: $10,170Net Assets 2017: $107,2382017Assets 2018: $109,406Liabilities 2018: $24,707Net Assets 2018: $84,6992018Assets 2019: $186,650Liabilities 2019: $23,384Net Assets 2019: $163,2662019Assets 2020: $212,433Liabilities 2020: $13,775Net Assets 2020: $198,6582020Assets 2021: $210,080Net Assets 2021: $210,0802021Assets 2022: $221,597Net Assets 2022: $221,5972022Assets 2023: $205,583Net Assets 2023: $205,5832023Assets 2024: $218,529Liabilities 2024: $0Net Assets 2024: $218,5292024

Highlighted filing

2019

Assets$186,650
Liabilities$23,384
Net Assets$163,266

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $78,935Expenses 2010: $83,538Net Income 2010: -$4,6032010Revenue 2011: $75,000Expenses 2011: $77,405Net Income 2011: -$2,4052011Revenue 2012: $74,430Expenses 2012: $70,139Net Income 2012: $4,2912012Revenue 2013: $72,836Expenses 2013: $76,088Net Income 2013: -$3,2522013Revenue 2014: $79,937Expenses 2014: $70,361Net Income 2014: $9,5762014Revenue 2015: $103,609Expenses 2015: $98,173Net Income 2015: $5,4362015Revenue 2016: $118,918Expenses 2016: $96,681Net Income 2016: $22,2372016Revenue 2017: $151,155Expenses 2017: $98,607Net Income 2017: $52,5482017Revenue 2018: $129,011Expenses 2018: $151,550Net Income 2018: -$22,5392018Revenue 2019: $231,597Expenses 2019: $153,030Net Income 2019: $78,5672019Revenue 2020: $148,137Expenses 2020: $112,745Net Income 2020: $35,3922020Revenue 2021: $114,638Expenses 2021: $103,216Net Income 2021: $11,4222021Revenue 2022: $155,855Expenses 2022: $144,338Net Income 2022: $11,5172022Revenue 2023: $124,217Expenses 2023: $140,231Net Income 2023: -$16,0142023Revenue 2024: $143,726Expenses 2024: $130,780Net Income 2024: $12,9462024

Highlighted filing

2019

Revenue$231,597
Expenses$153,030
Net Income$78,567
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 1, 2020
Return Version
2019v5.1
Gross Receipts
$231,597
Mission and Program Overview

Mission

Rescue, boarding, and rehabilitation of old and or abandoned horses

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$84,699$163,266▲ $78,567
Savings and Temporary Cash Investments-$84,038-
Land, Buildings, and Equipment, Net$49,071$56,116▲ $7,045
Cash and Non-Interest-Bearing Accounts$60,335$46,496▼ $13,839
Total Assets$109,406$186,650▲ $77,244
Liabilities
Unsecured Notes Loans Payable$24,707$23,384▼ $1,323
Total Liabilities$24,707$23,384▼ $1,323
Net Assets / Fund Balance
Total Net Assets Fund Balance$84,699$163,266▲ $78,567
Total Liabilities and Net Assets / Fund Balance$109,406$186,650▲ $77,244
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marilyn MitchellPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$231,559
Program Service Revenue
$0
Investment Income
$38
Other Revenue
$0
All Other Contributions
$231,559
Change in Net Assets
$78,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$64,881$8,870-$73,751
Other Expenses$10,979--$10,979
Depreciation Depletion-$6,490-$6,490
Advertising$2,800--$2,800
Fees for Services Accounting-$250-$250
Total Functional Expenses$137,420$15,610$0$153,030
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
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
Filing and Contact Details

Filer

Filer Name
Equidon Inc
EIN
62-1873841
Phone
4237277080
Address
111 PETE GREEVER RD, LAUREL BLOOMERY, TN 37680

Signing Officer

Name
Marilyn Mitchell
Title
President
Phone
4237277080
Signed
2020-09-01
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Tn
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
5

Preparer

Firm
H and R Block
Address
115 VILLAGE SQ LN, MOUNTAIN CITY, TN 37683
Preparer
Celeste Simcox
Phone
4237277922
Supplemental Narrative

Additional Explanations

Page 10 Line 24

Bedding - 1900, horse transportation - 2100, utilities - 3200, maintenance - 1475, supplies - 3986, repairs - 8299, insurance - 2870, contract labor - 47121,

Raw XML Appendix272 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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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PAGE 10 LINE 24
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ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.$2.19$0.00$2.19$1.44$1.31$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.06$2.06$1.24$1.40$0.16
2022Detailed filing. Detailed filing data is available for this year.$2.22$2.22$1.56$1.44$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.10$2.10$1.15$1.03$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.12$0.14$1.99$1.48$1.13$0.35
2019Detailed filing. Detailed filing data is available for this year.$1.87$0.23$1.63$2.32$1.53$0.79
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.25$0.85$1.29$1.52$0.23
2017Summary only. Only limited summary data is available for this year.$1.17$0.10$1.07$1.51$0.99$0.53
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.27$0.55$1.19$0.97$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.32$1.04$0.98$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.09$0.27$0.80$0.70$0.10
2013Summary only. Only limited summary data is available for this year.$0.17$0.00$0.73$0.76$0.03
2012Summary only. Only limited summary data is available for this year.$0.21$0.00$0.74$0.70$0.04
2011Summary only. Only limited summary data is available for this year.$0.19$0.00$0.75$0.77$0.02
2010Summary only. Only limited summary data is available for this year.$0.21$0.00$0.79$0.84$0.05