Civic Intelligence

Mustangs and Heroes Corp

990 • Fiscal year 2020 • EIN 83-1461737

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

Organization ProfileWWW.MUSTANGSANDHEROES.COM
131 Bidwell RoadWest Fulton, NY 12194

(518) 827-7107

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 2020

Liabilities / Revenue

90th percentile

0.50x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

13th percentile

-50%

Higher net margin than 13% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1 (-100%) from 2019

Net Assets

-$16,545

No earlier filing loaded for comparison.

Liabilities

Up

$16,545

Up $16,545 from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin13th percentile

Revenue

Up

$32,775

Up $32,775 from 2019

Expenses

Up

$49,320

Up $49,320 from 2019

Net Income

Down

-$16,545

Down $16,545 from 2019

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$20K$10K$0-$10K-$20KAssets 2019: $1Liabilities 2019: $02019Assets 2020: $0Liabilities 2020: $16,545Net Assets 2020: -$16,5452020Assets 2021: $0Net Assets 2021: $02021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2020

Assets$0
Liabilities$16,545
Net Assets-$16,545
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $32,775Expenses 2020: $49,320Net Income 2020: -$16,5452020Revenue 2021: $02021Revenue 2022: $02022

Highlighted filing

2020

Revenue$32,775
Expenses$49,320
Net Income-$16,545
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.0
Gross Receipts
$32,775
Mission and Program Overview

Mission

Provide progrmming for veterans to assist with overcoming issues associated with serving our country

To rescue excess, unhandled, branded, mustangs from slaughter and do mustang assisted learning with veterans to help them overcome ptsd.

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Other Liabilities-$16,545-
Total Liabilities$0$16,545▲ $16,545
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$-16,545-
Total Net Assets Fund Balance$0$-16,545▼ $16,545
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Mary DebonisDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$32,775
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$32,775
Change in Net Assets
$-16,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,320
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-$12,675-$12,675
Other Expenses-$6,740-$6,740
Total Functional Expenses$0$49,320$0$49,320
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan$16,545
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Mustangs and Heroes Inc
EIN
83-1461737
Address
131 BIDWELL ROAD, WEST FULTON, NY 12194

Signing Officer

Name
Mary Debonis
Title
Director
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Debonis
Formed
2018
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Elissa Epp
Address
4 CONSTANT CT, ROCKY POINT, NY 11778-8504
Preparer
K Elissa Epp
Phone
5169710127
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Transportation 0 3,960 0 vet fees 0 3,600 0 tents & beds 0 2,865 0 blacksmith 0 1,275 0 horse tack 0 975 0 total 0 12,675 0”

Raw XML Appendix217 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
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IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012675
IRS990/AllOtherExpensesGrp/TotalAmt012675
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0MARY DEBONIS
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
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IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-16545
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt049320
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt032775
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO RESCUE EXCESS, UNHANDLED, BRANDED, MUSTANGS FROM SLAUGHTER AND DO MUSTANG ASSISTED LEARNING WITH VETERANS TO HELP THEM OVERCOME PTSD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
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IRS990/EmployeeCnt00
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IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0MARY DEBONIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt032775
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO RESCUE EXCESS, UNHANDLED, BRANDED, MUSTANGS FROM SLAUGHTER AND DO MUSTANG ASSISTED LEARNING WITH VETERANS TO HELP THEM OVERCOME PTSD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt0-16545
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-16545
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0REPAIRS, STALLS & QUARANT
IRS990/OtherExpensesGrp/Desc1FEED & HAY
IRS990/OtherExpensesGrp/Desc2BAIL TO KILL BUYER
IRS990/OtherExpensesGrp/Desc3FENCING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17980
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27425
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36740
IRS990/OtherExpensesGrp/TotalAmt014500
IRS990/OtherExpensesGrp/TotalAmt17980
IRS990/OtherExpensesGrp/TotalAmt27425
IRS990/OtherExpensesGrp/TotalAmt36740
IRS990/OtherLiabilitiesGrp/EOYAmt016545
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARY DEBONIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt0-16545
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt032775
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt032775
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt032775
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt032775
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt032775
IRS990ScheduleA/TotalSupportAmt032775
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN
IRS990ScheduleD/TotalLiabilityAmt016545
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRANSPORTATION 0 3,960 0 VET FEES 0 3,600 0 TENTS & BEDS 0 2,865 0 BLACKSMITH 0 1,275 0 HORSE TACK 0 975 0 TOTAL 0 12,675 0
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IRS990/SchoolOperatingInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt00
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt032775
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-16545
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
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IRS990/USAddress/CityNm0WEST FULTON
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IRS990/USAddress/ZIPCd012194
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IRS990/WebsiteAddressTxt0WWW.MUSTANGSANDHEROES.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY DEBONIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSTANGS AND HEROES INC
ReturnHeader/Filer/BusinessNameControlTxt0MUST
ReturnHeader/Filer/EIN0831461737
ReturnHeader/Filer/USAddress/AddressLine1Txt0131 BIDWELL ROAD
ReturnHeader/Filer/USAddress/CityNm0WEST FULTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012194
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ReturnHeader/PreparerPersonGrp/PhoneNum05169710127
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0K ELISSA EPP
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-05-17T20:02:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DEBONIS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$16,545
Net assets
-$16,545
Revenue
$32,775
Expenses
$49,320
Net income
-$16,545
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$16.5$16.5$32.8$49.3$16.5
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits