Civic Intelligence

The Saddle Light Center for Therapeutic Horsemanship

990 • Fiscal year 2015 • EIN 74-2612738

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 09, 2016

17530 Old Evans RoadSelma, TX 78154-3801

(210) 651-5574

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

52nd percentile

4.1%

Higher net margin than 52% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

88th percentile

$37,080

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

55th percentile

4.4%

Faster revenue growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$83,153

Up $9,147 (+12%) from 2014

Net Assets

Up

$82,032

Up $9,109 (+12%) from 2014

Liabilities

Up

$1,121

Up $38 (+3.5%) from 2014

Revenue

Up

$220,810

Up $9,219 (+4.4%) from 2014

Expenses

Up

$211,701

Up $24,391 (+13%) from 2014

Net Income

Down

$9,109

Down $15,172 (-62%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $45,794Liabilities 2011: $1,687Net Assets 2011: $44,1072011Assets 2012: $55,483Liabilities 2012: $893Net Assets 2012: $54,5902012Assets 2013: $49,734Liabilities 2013: $1,092Net Assets 2013: $48,6422013Assets 2014: $74,006Liabilities 2014: $1,083Net Assets 2014: $72,9232014Assets 2015: $83,153Liabilities 2015: $1,121Net Assets 2015: $82,0322015Assets 2016: $98,473Liabilities 2016: $1,431Net Assets 2016: $97,0422016Assets 2017: $104,065Liabilities 2017: $1,379Net Assets 2017: $102,6862017Assets 2018: $72,959Liabilities 2018: $1,289Net Assets 2018: $71,6702018Assets 2019: $174,947Liabilities 2019: $1,316Net Assets 2019: $173,6312019Assets 2020: $200,045Liabilities 2020: $1,349Net Assets 2020: $198,6962020Assets 2021: $189,635Liabilities 2021: $809Net Assets 2021: $188,8262021Assets 2022: $163,232Liabilities 2022: $4,114Net Assets 2022: $159,1182022Assets 2023: $164,679Liabilities 2023: $1,011Net Assets 2023: $163,6682023Assets 2024: $281,322Liabilities 2024: $1,219Net Assets 2024: $280,1032024

Highlighted filing

2015

Assets$83,153
Liabilities$1,121
Net Assets$82,032

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $139,549Expenses 2011: $172,975Net Income 2011: -$33,4262011Revenue 2012: $187,526Expenses 2012: $177,043Net Income 2012: $10,4832012Revenue 2013: $195,025Expenses 2013: $200,973Net Income 2013: -$5,9482013Revenue 2014: $211,591Expenses 2014: $187,310Net Income 2014: $24,2812014Revenue 2015: $220,810Expenses 2015: $211,701Net Income 2015: $9,1092015Revenue 2016: $235,564Expenses 2016: $220,554Net Income 2016: $15,0102016Revenue 2017: $239,135Expenses 2017: $233,491Net Income 2017: $5,6442017Revenue 2018: $196,549Expenses 2018: $227,565Net Income 2018: -$31,0162018Revenue 2019: $322,932Expenses 2019: $221,773Net Income 2019: $101,1592019Revenue 2020: $201,185Expenses 2020: $179,764Net Income 2020: $21,4212020Revenue 2021: $207,819Expenses 2021: $229,632Net Income 2021: -$21,8132021Revenue 2022: $235,029Expenses 2022: $252,131Net Income 2022: -$17,1022022Revenue 2023: $234,354Expenses 2023: $237,285Net Income 2023: -$2,9312023Revenue 2024: $369,556Expenses 2024: $258,621Net Income 2024: $110,9352024

Highlighted filing

2015

Revenue$220,810
Expenses$211,701
Net Income$9,109
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 9, 2016
Return Version
2015v2.1
Gross Receipts
$226,145
Mission and Program Overview

Mission

Provide equestrian therapy for children, teenagers and adults with neurological, orthopedic, learning, emotional and other disabilites.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$72,251$77,341▲ $5,090
Land, Buildings, and Equipment, Net$1,755$5,812▲ $4,057
Total Assets$74,006$83,153▲ $9,147
Liabilities
Accounts Payable and Accrued Expenses$1,083$1,121▲ $38
Total Liabilities$1,083$1,121▲ $38
Net Assets / Fund Balance
Unrestricted Net Assets$53,734$53,273▼ $461
Temporarily Rstr Net Assets$19,189$28,759▲ $9,570
Total Net Assets Fund Balance$72,923$82,032▲ $9,109
Total Liabilities and Net Assets / Fund Balance$74,006$83,153▲ $9,147

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,812$45,920$51,732
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kerstin L FosdickPresidentFT$37,080$37,080
Lisa CornellSecretaryPT$41$41

Board Members and Trustees

NameTitle
Alison GraggDirector
Bruce JenningsDirector
Clint ButlerDirector
Patricia LucasDirector
Shelly HolmDirector
Jolanda StraathofTreasurer
Tom ReedVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$128,691
Program Service Revenue
$74,948
Investment Income
$0
Other Revenue
$17,171
All Other Contributions
$123,691
Change in Net Assets
$9,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,433
Salaries, Compensation, and Employee Benefits$104,268
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$43,990$10,424-$54,414
Current Officers, Directors, Trustees, and Key Employees$24,761$12,360-$37,121
Occupancy$22,800--$22,800
Payroll Taxes$9,562$3,171-$12,733
Fees for Services Other$6,578--$6,578
Depreciation Depletion$5,963--$5,963
All Other Expenses$5,367--$5,367
Office Expenses$3,718$1,239-$4,957
Advertising$2,699$899-$3,598
Other Expenses$2,916--$2,916
Insurance$1,727$350-$2,077
Fees for Services Accounting-$2,067-$2,067
Total Functional Expenses$181,191$30,510$0$211,701
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,506
Fundraising Direct Expenses$5,335
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Equestfest$21,920$16,920$731$16,189
Various Fundrai$5,586$5,586$4,604$982
Total Events$27,506$22,506$5,335$17,171
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 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

A copy of form 990 is provided to the board of directors for their review and signature prior to its filing.

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

Compensation is reviewed by the board of directors, and is determined by comparing their salaries to other positions in the non profit sector that are similar to the services being performed.

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

Compensation is reviewed by the board of directors, and is determined by comparing their salaries to other positions in the non profit sector that are similar to the services being performed.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to interested parties upon request.

Filing and Contact Details

Filer

Filer Name
The Saddle Light Center
EIN
74-2612738
Phone
2106515574
Address
17530 OLD EVANS ROAD, SELMA, TX 78154-3801

Signing Officer

Name
Kerstin L Fosdick
Title
President
Phone
2106515574
Signed
2016-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerstin L Fosdick
Formed
1991
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
12
Volunteers
120

Preparer

Firm
Armstrong Vaughan & Associates Pc
Address
941 WEST BYRD BLVD STE 101, UNIVERSAL CITY, TX 78148
Preparer
Deborah F Fraser
Phone
2106586229
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising expenses netted against revenue 5,335 fundraising expenses netted against revenue -5,335

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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt05500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0101928
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt025021
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt017275
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt028882
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt025250
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt05500
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0101928
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0214275
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0198815
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0191652
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0142821
IRS990ScheduleA/Total509Grp/TotalAmt0973708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0226145
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0214275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0198815
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0191652
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0142821
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0973708
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt05812
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045920
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt051732
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0VARIOUS FUNDRAI
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05586
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016920
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt05586
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022506
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017171
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05335
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND SIGNATURE PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS, AND IS DETERMINED BY COMPARING THEIR SALARIES TO OTHER POSITIONS IN THE NON PROFIT SECTOR THAT ARE SIMILAR TO THE SERVICES BEING PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS, AND IS DETERMINED BY COMPARING THEIR SALARIES TO OTHER POSITIONS IN THE NON PROFIT SECTOR THAT ARE SIMILAR TO THE SERVICES BEING PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO INTERESTED PARTIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING EXPENSES NETTED AGAINST REVENUE 5,335 FUNDRAISING EXPENSES NETTED AGAINST REVENUE -5,335
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0128691
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030510
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0181191
IRS990/TotalFunctionalExpensesGrp/TotalAmt0211701
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01083
IRS990/TotalLiabilitiesEOYAmt01121
IRS990/TotalLiabilitiesGrp/BOYAmt01083
IRS990/TotalLiabilitiesGrp/EOYAmt01121
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt072923
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt082032
IRS990/TotalOtherProgSrvcExpenseAmt015979
IRS990/TotalProgramServiceExpensesAmt0181191
IRS990/TotalProgramServiceRevenueAmt074948
IRS990/TotalReportableCompFromOrgAmt037121
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt074948
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220810
IRS990/TotalVolunteersCnt0120
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074006
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt083153
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt053734
IRS990/UnrestrictedNetAssetsGrp/EOYAmt053273
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt017530 OLD EVANS ROAD
IRS990/USAddress/CityNm0SELMA
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078154
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.SADDLELIGHTCENTER.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KERSTIN L FOSDICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02106515574
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SADDLE LIGHT CENTER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOR THERAPEUTIC HORSEMANSHIP
ReturnHeader/Filer/BusinessNameControlTxt0SADD
ReturnHeader/Filer/EIN0742612738
ReturnHeader/Filer/PhoneNum02106515574
ReturnHeader/Filer/USAddress/AddressLine1Txt017530 OLD EVANS ROAD
ReturnHeader/Filer/USAddress/CityNm0SELMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0781543801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742332623
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARMSTRONG VAUGHAN & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0941 WEST BYRD BLVD STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UNIVERSAL CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078148
ReturnHeader/PreparerPersonGrp/PhoneNum02106586229
ReturnHeader/PreparerPersonGrp/PreparationDt02016-07-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBORAH F FRASER
ReturnHeader/ReturnTs02016-07-20T13:02:48-05:00

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.$2.81$0.01$2.80$3.70$2.59$1.11
2023Detailed filing. Detailed filing data is available for this year.$1.65$0.01$1.64$2.34$2.37$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.63$0.04$1.59$2.35$2.52$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.90$0.01$1.89$2.08$2.30$0.22
2020Detailed filing. Detailed filing data is available for this year.$2.00$0.01$1.99$2.01$1.80$0.21
2019Detailed filing. Detailed filing data is available for this year.$1.75$0.01$1.74$3.23$2.22$1.01
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.72$1.97$2.28$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.03$2.39$2.33$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.98$0.01$0.97$2.36$2.21$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.01$0.82$2.21$2.12$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.01$0.73$2.12$1.87$0.24
2013Summary only. Only limited summary data is available for this year.$0.50$0.01$0.49$1.95$2.01$0.06
2012Summary only. Only limited summary data is available for this year.$0.55$0.01$0.55$1.88$1.77$0.10
2011Summary only. Only limited summary data is available for this year.$0.46$0.02$0.44$1.40$1.73$0.33