Civic Intelligence

Equest

990 • Fiscal year 2024 • EIN 75-1823701

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 17, 2025

811 Pemberton Hill Road Building 4Dallas, TX 75217

(972) 412-1099

Siviq Scores

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

Liabilities / Assets

56th percentile

0.09x

Higher debt load relative to assets than 56% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.17x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

38th percentile

-0.0%

Higher net margin than 38% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$116,346

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

39th percentile

0.5%

Faster asset growth than 39% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

4.9%

Faster revenue growth than 44% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,987,927

Up $26,031 (+0.5%) from 2023

Net Assets

Up

$4,532,497

Up $62,114 (+1.4%) from 2023

Liabilities

Down

$455,430

Down $36,083 (-7.3%) from 2023

Revenue

Up

$2,738,310

Up $126,882 (+4.9%) from 2023

Expenses

Up

$2,738,834

Up $6,409 (+0.2%) from 2023

Net Income

Up

-$524

Up $120,473 (+100%) from 2023

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,433,030Liabilities 2010: $78,608Net Assets 2010: $2,354,4222010Assets 2011: $2,497,933Liabilities 2011: $397,476Net Assets 2011: $2,100,4572011Assets 2012: $2,178,010Liabilities 2012: $120,293Net Assets 2012: $2,057,7172012Assets 2013: $2,203,765Liabilities 2013: $408,583Net Assets 2013: $1,795,1822013Assets 2014: $3,129,450Liabilities 2014: $557,972Net Assets 2014: $2,571,4782014Assets 2015: $2,924,088Liabilities 2015: $689,880Net Assets 2015: $2,234,2082015Assets 2016: $2,446,862Liabilities 2016: $639,219Net Assets 2016: $1,807,6432016Assets 2017: $3,168,147Liabilities 2017: $25,543Net Assets 2017: $3,142,6042017Assets 2018: $3,313,566Liabilities 2018: $151,142Net Assets 2018: $3,162,4242018Assets 2019: $3,525,723Liabilities 2019: $70,462Net Assets 2019: $3,455,2612019Assets 2020: $4,222,026Liabilities 2020: $288,121Net Assets 2020: $3,933,9052020Assets 2021: $4,641,981Liabilities 2021: $400,695Net Assets 2021: $4,241,2862021Assets 2022: $4,914,141Liabilities 2022: $420,324Net Assets 2022: $4,493,8172022Assets 2023: $4,961,896Liabilities 2023: $491,513Net Assets 2023: $4,470,3832023Assets 2024: $4,987,927Liabilities 2024: $455,430Net Assets 2024: $4,532,4972024

Highlighted filing

2024

Assets$4,987,927
Liabilities$455,430
Net Assets$4,532,497

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,094,3832010Expenses 2011: $1,199,2182011Expenses 2012: $1,319,6982012Revenue 2013: $1,428,622Expenses 2013: $1,709,234Net Income 2013: -$280,6122013Revenue 2014: $2,737,108Expenses 2014: $1,967,462Net Income 2014: $769,6462014Revenue 2015: $2,393,441Expenses 2015: $2,709,274Net Income 2015: -$315,8332015Revenue 2016: $1,804,892Expenses 2016: $2,232,231Net Income 2016: -$427,3392016Revenue 2017: $3,037,780Expenses 2017: $1,784,585Net Income 2017: $1,253,1952017Revenue 2018: $1,911,135Expenses 2018: $1,844,207Net Income 2018: $66,9282018Revenue 2019: $2,106,559Expenses 2019: $1,910,890Net Income 2019: $195,6692019Revenue 2020: $2,186,105Expenses 2020: $1,772,896Net Income 2020: $413,2092020Revenue 2021: $2,254,623Expenses 2021: $2,029,232Net Income 2021: $225,3912021Revenue 2022: $2,720,752Expenses 2022: $2,318,675Net Income 2022: $402,0772022Revenue 2023: $2,611,428Expenses 2023: $2,732,425Net Income 2023: -$120,9972023Revenue 2024: $2,738,310Expenses 2024: $2,738,834Net Income 2024: -$5242024

Highlighted filing

2024

Revenue$2,738,310
Expenses$2,738,834
Net Income-$524
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 17, 2025
Return Version
2024v5.2
Gross Receipts
$3,426,472
Mission and Program Overview

Mission

To enhance the quality of life for children and adults with diverse needs by partnering with horses to bring hope and healing through equine assisted activities and therapies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,509,807$2,513,625▲ $3,818
Investments in Publicly Traded Securities$1,182,420$1,069,707▼ $112,713
Cash and Non-Interest-Bearing Accounts$815,352$889,983▲ $74,631
Pledges and Grants Receivable$60,314$255,000▲ $194,686
Savings and Temporary Cash Investments$321,138$104,015▼ $217,123
Accounts Receivable$57,040$72,335▲ $15,295
Prepaid Expenses and Deferred Charges$15,825$43,595▲ $27,770
Other Notes and Loans Receivable, Net-$39,667-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,961,896$4,987,927▲ $26,031
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$342,446$331,621▼ $10,825
Accounts Payable and Accrued Expenses$142,054$120,945▼ $21,109
Deferred Revenue$7,013$2,864▼ $4,149
Total Liabilities$491,513$455,430▼ $36,083
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,226,410$3,301,170▲ $74,760
Net Assets With Donor Restrictions$1,243,973$1,231,327▼ $12,646
Total Net Assets Fund Balance$4,470,383$4,532,497▲ $62,114
Total Liabilities and Net Assets / Fund Balance$4,961,896$4,987,927▲ $26,031

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,095,643$426,222$2,521,865
Equipment$283,120$455,130$738,250
Other Land Buildings$134,862$117,904$252,766

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$677,726-▲ $82,034$35,507$720,112
2023$614,248-▲ $101,900$34,383$677,726
2022$786,950-▼ $134,264$34,831$614,248
2021$730,902-▲ $98,095$38,251$786,950
2020$686,586-▲ $80,765$33,116$730,902
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Malcolm HodgeSr. Director of Adv.FT$106,907$9,439$116,346
Eric Lindh-from 724CEOFT$68,735$3,146$71,881
Lisa Laughlinint CEO/direct.FT$47,028-$47,028

Board Members and Trustees

NameTitle
Tim GavinChairman
Amy GreenVice Chairman
Bill WoodallBoard Member
Carolyn AndersonBoard Member
Clint HaggertyBoard Member
Daniel ValentineBoard Member
Elissa McclureBoard Member
Elizabeth DacusBoard Member
Harley CozewithBoard Member
Julie ShermanBoard Member
Lindsay KirtonBoard Member
Marianne FazenBoard Member
Megan MartinBoard Member
Nancy NatinskyBoard Member
Prisma GarciaBoard Member
Steve SwensonBoard Member
Teresa FishmanBoard Member
Brooke BaileySecretary
Pia AckermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,693,769
Program Service Revenue
$201,707
Investment Income
$35,750
Other Revenue
$-192,916
All Other Contributions
$1,611,506
Change in Net Assets
$-524

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,731,002
Revenue Not Reported on Financial Statements
$7,308
Revenue Not Reported on Form 990
$82,629
Total Revenue per Audited Statements
$2,813,631
Total Revenue per Form 990
$2,738,310
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,639,962
Other Expenses$1,098,872
Total Fundraising Expense$348,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$948,419$77,716$204,776$1,230,911
Depreciation Depletion$178,633$15,762$15,762$210,157
Other Employee Benefits$116,364$9,717$22,320$148,401
Occupancy$135,265--$135,265
Current Officers, Directors, Trustees, and Key Employees$85,987$13,881$19,042$118,910
Information Technology$20,374$72,125$14,894$107,393
Payroll Taxes$81,089$7,447$18,229$106,765
Insurance$94,840$5,269$5,269$105,378
Fees for Services Accounting-$66,515-$66,515
Fees for Services Other$40,576$1,527$6,630$48,733
Office Expenses$7,761$23,155$8,877$39,793
Pension Plan Contributions$27,385$2,322$5,268$34,975
Advertising$3,760-$26,804$30,564
Other Expenses$17,292$31,295$747$17,292
Interest-$9,654-$9,654
Fees for Service Investment Mgmnt Fees-$7,308-$7,308
Fees for Services Legal$1,754--$1,754
All Other Expenses-$353-$353
Total Functional Expenses$2,044,891$345,325$348,618$2,738,834

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,751,517
Total Expenses per Form 990$2,738,834
Expenses per Audited Statements$2,731,526
Expenses Not Reported on Form 990$19,991
Expenses Not Reported on Financial Statements$7,308
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$464,586
Fundraising Gross Income$182,843
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$613,843$138,559$190,395$-51,836
Waux Luncheon$441,944$44,284$54,401$-10,117
Total Events$1,055,787$182,843$460,031$-277,188
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Form 990 is prepared by a CPA from information received during the annual audit and additional information provided by management. The Form 990 is reviewed by the accountant, CEO and Finance Committee.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policies are reviewed by the CEO and Board Chair and maintained in individual's file. FURTHERMORE, THE OFFICERS SIGN A CONFLICT OF INTEREST VERIFICATION FORM.

Form 990, Part VI, Section B, Line 15A

Compensation for the CEO is determined by research and review of industry comparisons. THE CEO SUPPORT AND EVALUATION COMMITTEE of the board reviews the CEOs performance and compensation. The Finance Committee approves the CEO's salary.

Form 990, Part VI, Section B, Line 15B

Compensation for employees is determined by researching the salary range in our market as well as in our industries. The CEO sets employee salaries and obtains budget approval from Board.

Form 990, Part VI, Section C, Line 19

Available to the public upon request

Form 990, Part VIII Income From Fundraising Events

The net economic benefit from our fundraising events is calculated as follows:Contributions from fundraising events reported on Part VIII, line 1c $ 875,377Gross income from fundraising events reported on Part VIII, line 8a 182,843Less: Direct costs of events reported on part VIII, Line 8b (464,586) Net economic benefit of fundraising events $ 593,634

Filing and Contact Details

Filer

Filer Name
Equest
EIN
75-1823701
Phone
9724121099
Address
811 Pemberton Hill Road Building 4, Dallas, TX 75217

Signing Officer

Name
Eric Lindh
Title
CEO
Signed
2025-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Lindh
Formed
1981
Legal Domicile
TX
Voting Board Members
20
Independent Board Members
19
Employees
40
Volunteers
869

Preparer

Firm
Sutton Frost Cary LLP
Address
200 E Front St Suite 200, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

To benefit the funding of programs at equest for the benefit of the individuals participating in the program and/or care of the horses used in the program.

Part X : FIN48 Footnote

Equest is recognized by the Internal Revenue Service as exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code (IRC) and is not private a foundation as defined in the IRC. Income generated from activities unrelated to Equests exempt purpose is subject to tax under IRC Section 511. Equest did not have any unrelated business income for the year ended December 31, 2024. Therefore, no tax provision or liability has been reported. Equest had no significant uncertain tax positions for the year ended December 31, 2024.

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IRS990/Desc0Equest provides equine assisted services to children and adults with physical, cognitive and emotional disabilities, as well as veterans in North Texas. Equest served over 846 unduplicated clients and delivered over 7,000 service hours in 2024.Program by size:Therapeutic Riding, Physical/Occupational Therapy, Equine-Assisted Learning: 217 clients.Equests Veteran Program (Hooves for Heroes) 489 Clients. Equests Counseling program: 1,524 counseling hours and 140 individual counseling clients served. Reading with Equest (literacy program): 400 students served.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0SR. DIR. OF ADV.
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2int ceo/direct.
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
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IRS990/MissionDesc0TO ENHANCE THE QUALITY OF LIFE FOR CHILDREN AND ADULTS WITH DIVERSE NEEDS BY PARTNERING WITH HORSES TO BRING HOPE AND HEALING THROUGH EQUINE ASSISTED ACTIVITIES AND THERAPIES.
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IRS990/OtherExpensesGrp/Desc2bank & Service Fees
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IRS990/OtherExpensesGrp/TotalAmt141773
IRS990/OtherExpensesGrp/TotalAmt231295
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.99$0.46$4.53$2.74$2.74$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.96$0.49$4.47$2.61$2.73$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$0.42$4.49$2.72$2.32$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.64$0.40$4.24$2.25$2.03$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$0.29$3.93$2.19$1.77$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$0.07$3.46$2.11$1.91$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.15$3.16$1.91$1.84$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.03$3.14$3.04$1.78$1.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.45$0.64$1.81$1.80$2.23$0.43
2015Detailed filing. Detailed filing data is available for this year.$2.92$0.69$2.23$2.39$2.71$0.32
2014Detailed filing. Detailed filing data is available for this year.$3.13$0.56$2.57$2.74$1.97$0.77
2013Detailed filing. Detailed filing data is available for this year.$2.20$0.41$1.80$1.43$1.71$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.12$2.06$1.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.40$2.10$1.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.08$2.35$1.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1M-$5M nonprofits