Civic Intelligence

Rainhill Equine Facility Inc

990EZ • Fiscal year 2023 • EIN 83-0398636

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 11, 2024

11125 KY Hwy 185Bowling Green, KY 42101

(270) 777-3164

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

17th percentile

-25%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

14th percentile

-39%

Faster asset growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$48,346

Down $30,822 (-39%) from 2022

Net Assets

Down

$48,346

Down $30,822 (-39%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$122,044

Down $22,679 (-16%) from 2022

Expenses

Up

$152,866

Up $43,590 (+40%) from 2022

Net Income

Down

-$30,822

Down $66,269 (-187%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $2,575Liabilities 2011: $02011Assets 2012: $2,150Liabilities 2012: $02012Assets 2013: $1,849Liabilities 2013: $02013Assets 2014: $1,441Liabilities 2014: $02014Assets 2015: $0Liabilities 2015: $02015Assets 2016: $4,291Liabilities 2016: $02016Assets 2017: $5,817Liabilities 2017: $02017Assets 2018: $16,268Liabilities 2018: $02018Assets 2019: $19,219Liabilities 2019: $02019Assets 2020: $25,456Liabilities 2020: $02020Assets 2021: $43,721Net Assets 2021: $43,7212021Assets 2022: $79,168Net Assets 2022: $79,1682022Assets 2023: $48,346Net Assets 2023: $48,3462023Assets 2024: $62,372Net Assets 2024: $62,3722024Assets 2025: $49,907Net Assets 2025: $49,9072025

Highlighted filing

2023

Assets$48,346
Liabilities-
Net Assets$48,346

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $33,704Expenses 2011: $31,129Net Income 2011: $2,5752011Revenue 2012: $25,170Expenses 2012: $23,220Net Income 2012: $1,9502012Revenue 2013: $36,626Expenses 2013: $34,776Net Income 2013: $1,8502013Revenue 2014: $28,858Expenses 2014: $26,065Net Income 2014: $2,7932014Revenue 2015: $34,694Expenses 2015: $30,094Net Income 2015: $4,6002015Revenue 2016: $21,637Expenses 2016: $25,928Net Income 2016: -$4,2912016Revenue 2017: $33,700Expenses 2017: $27,983Net Income 2017: $5,7172017Revenue 2018: $47,365Expenses 2018: $31,096Net Income 2018: $16,2692018Revenue 2019: $46,989Expenses 2019: $44,039Net Income 2019: $2,9502019Revenue 2020: $64,908Expenses 2020: $60,156Net Income 2020: $4,7522020Revenue 2021: $88,589Expenses 2021: $68,905Net Income 2021: $19,6842021Revenue 2022: $144,723Expenses 2022: $109,276Net Income 2022: $35,4472022Revenue 2023: $122,044Expenses 2023: $152,866Net Income 2023: -$30,8222023Revenue 2024: $93,748Expenses 2024: $79,722Net Income 2024: $14,0262024Revenue 2025: $101,279Expenses 2025: $113,744Net Income 2025: -$12,4652025

Highlighted filing

2023

Revenue$122,044
Expenses$152,866
Net Income-$30,822
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 11, 2024
Return Version
2023v4.0
Gross Receipts
$122,044
Mission and Program Overview

Mission

To provide care for unwanted horses

Program Services

DescriptionGrantsExpenses
WE PROVIDE NO SERVICE, NO BENEFITS TO PEOPLE AND NO PROGRAMS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN THURMANCEOFT$0--
DAVID MILLERTreasurerFT$0--
Filing and Contact Details

Filer

Filer Name
Rainhill Equine Facility Inc
EIN
83-0398636
Phone
2707773164
Address
11125 KY HWY 185, BOWLING GREEN, KY 42101

Signing Officer

Name
Karen Thurman
Title
CEO
Phone
2707773164
Signed
2024-03-11
Discuss with paid preparer
No

Preparer

Firm
RRD Financial Services
Address
1143 Fairway St Suite 105, Bowling Green, KY 42103
Preparer
Douglas A Glenn
Phone
2704382611
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Supplies 152,866

Raw XML Appendix125 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KAREN THURMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum02707773164
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01125 HWY 185
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOWLING GREEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd042101
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079168
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt048346
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0122044
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-30822
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt079168
IRS990EZ/Form990TotalAssetsGrp/EOYAmt048346
IRS990EZ/GrossReceiptsAmt0122044
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt079168
IRS990EZ/NetAssetsOrFundBalancesEOYAmt048346
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt079168
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt048346
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0045.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1045.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAREN THURMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0152866
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE CARE FOR UNWANTED HORSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE PROVIDE NO SERVICE, NO BENEFITS TO PEOPLE AND NO PROGRAMS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0152866
IRS990EZ/TotalRevenueAmt0122044
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0rainhillrescue.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0122044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0144723
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088589
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt064908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046989
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0467253
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0467253
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0122044
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0144723
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088589
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt064908
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046989
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0467253
IRS990ScheduleA/TotalSupportAmt0467253
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 152,866
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN THURMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02707773164
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAINHILL EQUINE FACILITY INC
ReturnHeader/Filer/BusinessNameControlTxt0RAIN
ReturnHeader/Filer/EIN0830398636
ReturnHeader/Filer/PhoneNum02707773164
ReturnHeader/Filer/USAddress/AddressLine1Txt011125 KY HWY 185
ReturnHeader/Filer/USAddress/CityNm0BOWLING GREEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042101
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611404477
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RRD Financial Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01143 Fairway St Suite 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bowling Green
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042103
ReturnHeader/PreparerPersonGrp/PhoneNum02704382611
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Douglas A Glenn
ReturnHeader/ReturnTs02024-03-11T09:46:20-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THURMAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.50$0.50$1.01$1.14$0.12
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.62$0.94$0.80$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.48$0.48$1.22$1.53$0.31
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.79$1.45$1.09$0.35
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.44$0.89$0.69$0.20
2020Summary only. Only limited summary data is available for this year.$0.25$0.00$0.65$0.60$0.05
2019Summary only. Only limited summary data is available for this year.$0.19$0.00$0.47$0.44$0.03
2018Summary only. Only limited summary data is available for this year.$0.16$0.00$0.47$0.31$0.16
2017Summary only. Only limited summary data is available for this year.$0.06$0.00$0.34$0.28$0.06
2016Summary only. Only limited summary data is available for this year.$0.04$0.00$0.22$0.26$0.04
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.35$0.30$0.05
2014Summary only. Only limited summary data is available for this year.$0.01$0.00$0.29$0.26$0.03
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$0.37$0.35$0.02
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.25$0.23$0.02
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.34$0.31$0.03