Civic Intelligence

Horsepower Inc.

990EZ • Fiscal year 2019 • EIN 84-0977100

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 28, 2020

PO Box 534Castle Rock, CO 80104

(303) 688-3909

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

53rd percentile

4.7%

Higher net margin than 53% 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

54th percentile

4.4%

Faster asset growth than 54% of similar nonprofits.

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

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

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

Assets

Up

$69,265

Up $2,946 (+4.4%) from 2018

Net Assets

Up

$69,265

Up $3,830 (+5.9%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$81,033

Up $18,078 (+29%) from 2018

Expenses

Down

$77,203

Down $14,780 (-16%) from 2018

Net Income

Up

$3,830

Up $32,858 (+113%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $118,189Liabilities 2015: $1,1402015Assets 2016: $109,959Liabilities 2016: $838Net Assets 2016: $109,1212016Assets 2017: $95,347Liabilities 2017: $884Net Assets 2017: $94,4632017Assets 2018: $66,319Liabilities 2018: $884Net Assets 2018: $65,4352018Assets 2019: $69,265Net Assets 2019: $69,2652019Assets 2020: $60,457Net Assets 2020: $60,4572020Assets 2021: $59,154Liabilities 2021: $0Net Assets 2021: $59,1542021Assets 2022: $61,953Liabilities 2022: $0Net Assets 2022: $61,9532022Assets 2023: $55,679Liabilities 2023: $0Net Assets 2023: $55,6792023Assets 2024: $66,606Net Assets 2024: $66,6062024Assets 2025: $60,044Liabilities 2025: $0Net Assets 2025: $60,0442025

Highlighted filing

2019

Assets$69,265
Liabilities-
Net Assets$69,265

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $65,526Expenses 2015: $49,473Net Income 2015: $16,0532015Revenue 2016: $54,083Expenses 2016: $61,158Net Income 2016: -$7,0752016Revenue 2017: $48,814Expenses 2017: $64,293Net Income 2017: -$15,4792017Revenue 2018: $62,955Expenses 2018: $91,983Net Income 2018: -$29,0282018Revenue 2019: $81,033Expenses 2019: $77,203Net Income 2019: $3,8302019Revenue 2020: $51,521Expenses 2020: $60,329Net Income 2020: -$8,8082020Revenue 2021: $52,359Expenses 2021: $50,474Net Income 2021: $1,8852021Revenue 2022: $50,316Expenses 2022: $47,517Net Income 2022: $2,7992022Revenue 2023: $37,101Expenses 2023: $43,375Net Income 2023: -$6,2742023Revenue 2024: $54,816Expenses 2024: $43,889Net Income 2024: $10,9272024Revenue 2025: $36,976Expenses 2025: $43,538Net Income 2025: -$6,5622025

Highlighted filing

2019

Revenue$81,033
Expenses$77,203
Net Income$3,830
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 28, 2020
Return Version
2019v5.0
Gross Receipts
$86,860
Mission and Program Overview

Mission

Therapeutic riding for challenged individuals

Theraputic horse riding for challenged individuals

Program Services

DescriptionGrantsExpenses
PROGRAM ACCOMPLISHMENTS - THERAPUTIC RIDING AND SUMMER CAMP PROGRAM: THERAPUTIC RIDING IS TAUGHT A A CERTIFIED THERAPUTIC RIDING INSTRUCTOR, CERTIFIED THROUGH THE PROFESSWIONAL ASSOCIATION OF THERAPUTIC HORSEMANSHIP INTERNATIONAL. DURING AS TYPICAL THERAPUTIC RIDING SESSION, STUDENTS BENEFIT FROM THEPHYSICAL MOVEMENT AND INPUT OF THE HORSE WHILE DEVELING RIDING SKILLS. STUDENTS MAY GAIN IMPROVED MUSCLE STRENGTH, COORDINATION, AS WELL AS WORKING ON DEVELOPING SOCIAL SKILLS THROUGH THEIR INTERACTION WITH THEIR HORSE, FELLOW STUDENTS AND VOLUNTEERS. STUDENTS ALSO BENEFIT FROM THE EMOTIONAL BOND THEY DEVELOP WITH THEIR HORSE WHILE WORKING TO LEARN HOW TO RIDE. DEPENDING ON THE RIDER'-S PHYSICAL DISABILITY AND LEVEL OF SKILL, THEY MAY HAVE A VOLUNTEER WHO IS THEIR HEAD WALKER, PROVIDING ASSISTANCE IN CUEING THE HORSE, AND MAY ALSO HAVE ONE OR TWO SIDE WALKERS TO ASSIST WITH BALANCE AND RIDING SKILLS. THERAPUTIC RIDING IS AVAILABLE IN BOTH GROUP LESSONS AND AS A PRIVATE LESSON. SUMMER CAMP IS A DAY PROGRAM, OFFERED FOR FIVE DAYS A WEEK FRO 9 AM TO 2 PM. CAMPERS ENJOY A RIDE RANGE OF ACTIVITIEWS FROM THERPAUTIC RISING, TRAIL RIDES, SCAVENGER HUNTS, ARTS AND CRAFT PROJECTS, SCIENCE EXPERIMENTS, GROUP GAMES AND MORE. CAMPERS ARE DIVIDED UP INTO DIFFEWRENT GROUPS AND ROTATE THROUGH DIFFERENT STATIONS EACH DAY.-$77,073
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LYNETTE ROFFPresidentPT$0--
THERESA ECHOLSTreasurerPT$0--
MARK RENNDirectorPT$0--
ED ROBINSONDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$31,597$31,597$5,827$25,770
Total Events$31,597$31,597$5,827$25,770
Filing and Contact Details

Filer

Filer Name
Horsepower Inc
EIN
84-0977100
Address
PO BOX 534, CASTLE ROCK, CO 80104

Signing Officer

Name
Theresa Echols
Title
Treasurer
Phone
7208634736
Signed
2020-02-28
Discuss with paid preparer
Yes

Preparer

Firm
Bruce L Fosdick CPA Pc
Address
PO BOX 901, CASTLE ROCK, CO 80104
Preparer
Bruce Fosdick
Phone
3036882751
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 884 total 884

Form 990-ez, Part I, Line 16

Expenses supplies 349 computer and internet 1,503 insurance 2,735 awards 667 bank charges 743 certifications 44 dues and subscritions 1,217 fund raising costs 100 horse boarding 32,400 horse dental services 250 horse farrier services 1,105 horse feed expenses 28 horse veterinary services 829 licenses 713 payroll expenses 540 payroll taxes 2,867 volunteer services 200 total 46,290

Form 990-ez, Part II, Line 24

Accounts receivable -220 0 equipment 2,089 2,089 horses 12,500 10,500 saddles 5,420 5,420 tack 6,300 6,300 total 26,089 24,309

Form 990-ez, Part II, Line 26

EARMARKS 884 0

Form 990-ez, Part III, Line 28

Program accomplishments - theraputic riding and summer camp program: theraputic riding is taught a a certified theraputic riding instructor, certified through the professwional association of theraputic horsemanship international. During as typical theraputic riding session, students benefit from thephysical movement and input of the horse while develing riding skills. Students may gain improved muscle strength, coordination, as well as working on developing social skills through their interaction with their horse, fellow students and volunteers. Students also benefit from the emotional bond they develop with their horse while working to learn how to ride. Depending on the rider'-s physical disability and level of skill, they may have a volunteer who is their head walker, providing assistance in cueing the horse, and may also have one or two side walkers to assist with balance and riding skills. Theraputic riding is available in both group lessons and as a private lesson. Summer camp is a day program, offered for five days a week fro 9 am to 2 pm. Campers enjoy a ride range of activitiews from therpautic rising, trail rides, scavenger hunts, arts and craft projects, science experiments, group games and more. Campers are divided up into diffewrent groups and rotate through different stations each day.

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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/ExplanationTxt0MISCELLANEOUS 884 TOTAL 884
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES SUPPLIES 349 COMPUTER AND INTERNET 1,503 INSURANCE 2,735 AWARDS 667 BANK CHARGES 743 CERTIFICATIONS 44 DUES AND SUBSCRITIONS 1,217 FUND RAISING COSTS 100 HORSE BOARDING 32,400 HORSE DENTAL SERVICES 250 HORSE FARRIER SERVICES 1,105 HORSE FEED EXPENSES 28 HORSE VETERINARY SERVICES 829 LICENSES 713 PAYROLL EXPENSES 540 PAYROLL TAXES 2,867 VOLUNTEER SERVICES 200 TOTAL 46,290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE -220 0 EQUIPMENT 2,089 2,089 HORSES 12,500 10,500 SADDLES 5,420 5,420 TACK 6,300 6,300 TOTAL 26,089 24,309
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EARMARKS 884 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM ACCOMPLISHMENTS - THERAPUTIC RIDING AND SUMMER CAMP PROGRAM: THERAPUTIC RIDING IS TAUGHT A A CERTIFIED THERAPUTIC RIDING INSTRUCTOR, CERTIFIED THROUGH THE PROFESSWIONAL ASSOCIATION OF THERAPUTIC HORSEMANSHIP INTERNATIONAL. DURING AS TYPICAL THERAPUTIC RIDING SESSION, STUDENTS BENEFIT FROM THEPHYSICAL MOVEMENT AND INPUT OF THE HORSE WHILE DEVELING RIDING SKILLS. STUDENTS MAY GAIN IMPROVED MUSCLE STRENGTH, COORDINATION, AS WELL AS WORKING ON DEVELOPING SOCIAL SKILLS THROUGH THEIR INTERACTION WITH THEIR HORSE, FELLOW STUDENTS AND VOLUNTEERS. STUDENTS ALSO BENEFIT FROM THE EMOTIONAL BOND THEY DEVELOP WITH THEIR HORSE WHILE WORKING TO LEARN HOW TO RIDE. DEPENDING ON THE RIDER'-S PHYSICAL DISABILITY AND LEVEL OF SKILL, THEY MAY HAVE A VOLUNTEER WHO IS THEIR HEAD WALKER, PROVIDING ASSISTANCE IN CUEING THE HORSE, AND MAY ALSO HAVE ONE OR TWO SIDE WALKERS TO ASSIST WITH BALANCE AND RIDING SKILLS. THERAPUTIC RIDING IS AVAILABLE IN BOTH GROUP LESSONS AND AS A PRIVATE LESSON. SUMMER CAMP IS A DAY PROGRAM, OFFERED FOR FIVE DAYS A WEEK FRO 9 AM TO 2 PM. CAMPERS ENJOY A RIDE RANGE OF ACTIVITIEWS FROM THERPAUTIC RISING, TRAIL RIDES, SCAVENGER HUNTS, ARTS AND CRAFT PROJECTS, SCIENCE EXPERIMENTS, GROUP GAMES AND MORE. CAMPERS ARE DIVIDED UP INTO DIFFEWRENT GROUPS AND ROTATE THROUGH DIFFERENT STATIONS EACH DAY.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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