Civic Intelligence

Faithful Hearts Equine Learning

990EZ • Fiscal year 2022 • EIN 84-3812582

Jan 01, 2022 to Dec 31, 2022 • Filed on Jan 15, 2024

PO Box 7921Woodland Park, CO 80863

(719) 687-0119

Siviq Scores

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

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$46,366

No earlier filing loaded for comparison.

Net Assets

$43,199

No earlier filing loaded for comparison.

Liabilities

$3,167

No earlier filing loaded for comparison.

Revenue

$143,482

No earlier filing loaded for comparison.

Expenses

$119,062

No earlier filing loaded for comparison.

Net Income

$24,420

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2022: $46,366Liabilities 2022: $3,167Net Assets 2022: $43,1992022Assets 2023: $56,451Liabilities 2023: $3,009Net Assets 2023: $53,4422023Assets 2024: $128,911Liabilities 2024: $25,110Net Assets 2024: $103,8012024

Highlighted filing

2022

Assets$46,366
Liabilities$3,167
Net Assets$43,199

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2022: $143,482Expenses 2022: $119,062Net Income 2022: $24,4202022Revenue 2023: $121,028Expenses 2023: $110,785Net Income 2023: $10,2432023Revenue 2024: $182,738Expenses 2024: $132,379Net Income 2024: $50,3592024

Highlighted filing

2022

Revenue$143,482
Expenses$119,062
Net Income$24,420
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 15, 2024
Return Version
2022v5.0
Gross Receipts
$143,482
Mission and Program Overview

Mission

Faithfulhearts equine learning center's purpose is to contribute positively to the cognitive, physical, emotional, and social well-being of people with disabilities and people who have experienced trauma by fostering connections between horses and people in a christ-centered loving environment.

Program Services

DescriptionGrantsExpenses
IN 2022, THE ORGANIZATION SERVED OVER 300 CHILDREN AND ADULTS IN THE LOCAL AREA AND PROVIDED LEADERSHIP AND TEAM BUILDING WORKSHOPS FOR TEACHERS AND BUSINESS PROFESSIONAL ACROSS 22 STATES. WE PROVIDED EQUINE ASSISTED LEARNING WORKSHOPS FOR 5 OF 8 SCHOOLS IN THE DISTRICT. WE PROVIDED COMMUNITY OUTREACH THROUGH TWO 6 WEEK MASTER CLASSES AT A LOCAL ELEMENTARY SCHOOL. WE PROVIDED 3 FREE ACTIVITY DAYS IN JUNE IN COORDINATION WITH THE WOODLAND PARK SCHOOLS. WE HAVE OVER 40 VOLUNTEERS, WHO HAVE CONTRIBUTED OVER 3,000 HOURS OF WORK.-$102,301
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TAMARA BUTTERYBoard Chair-$0--
HOLLY FLETCHERTreasurerPT$0--
SAMANTHA KELLEYDirector-$0--
STEVE WOOLFDirector-$0--
Filing and Contact Details

Filer

Filer Name
Faithfulhearts Equine Learning
EIN
84-3812582
Phone
7196870119
Address
PO BOX 7921, WOODLAND PARK, CO 80863

Signing Officer

Name
Holly Fletcher
Title
Treasurer
Phone
7196870119
Signed
2024-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Rmw Accounting Inc
Address
2911 GRAND AVE STE 100A, COCONUT GROVE, FL 33133-9229
Preparer
Brandi L Henderson CPA
Phone
7196871040
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item B

We are amending this return to show the correct address of the nonprofit.

Form 990-ez, Part I, Line 16

Expenses advertising 1,168 internet 720 interest 132 equine therapy insurance 2,532 workman's comp 1,999 background checks 909 bank charges 120 contract instructors 23,530 equine care 6,813 feed 18,842 fuel 138 horse rehomed 4,500 job training 129 licenses 30 memberships 1,222 repairs & maintenance 5,583 supplies 1,572 telephone 233 non-investment depreciation 2,164 total 72,336

Form 990-ez, Part II, Line 24

Crockett 0 3,500 less accumulated depreciation 0 250 denali 0 12,000 less accumulated depreciation 0 857 tater 0 3,000 less accumulated depreciation 0 214 daz 0 1,300 less accumulated depreciation 0 93 2007 polaris x2 500 ho atv 0 7,500 less accumulated depreciation 0 750 total 0 25,136

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 3,167

Form 990-ez, Part III

Faithfulhearts equine learning center's purpose is to contribute positively to the cognitive, physical, emotional, and social well-being of people with disabilities and people who have experienced trauma by fostering connections between horses and people in a christ-centered loving environment.

Form 990-ez, Part III, Line 28

In 2022, the organization served over 300 children and adults in the local area and provided leadership and team building workshops for teachers and business professional across 22 states. We provided equine assisted learning workshops for 5 of 8 schools in the district. We provided community outreach through two 6 week master classes at a local elementary school. We provided 3 free activity days in june in coordination with the woodland park schools. We have over 40 volunteers, who have contributed over 3,000 hours of work.

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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/ExplanationTxt0WE ARE AMENDING THIS RETURN TO SHOW THE CORRECT ADDRESS OF THE NONPROFIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,168 INTERNET 720 INTEREST 132 EQUINE THERAPY INSURANCE 2,532 WORKMAN'S COMP 1,999 BACKGROUND CHECKS 909 BANK CHARGES 120 CONTRACT INSTRUCTORS 23,530 EQUINE CARE 6,813 FEED 18,842 FUEL 138 HORSE REHOMED 4,500 JOB TRAINING 129 LICENSES 30 MEMBERSHIPS 1,222 REPAIRS & MAINTENANCE 5,583 SUPPLIES 1,572 TELEPHONE 233 NON-INVESTMENT DEPRECIATION 2,164 TOTAL 72,336
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CROCKETT 0 3,500 LESS ACCUMULATED DEPRECIATION 0 250 DENALI 0 12,000 LESS ACCUMULATED DEPRECIATION 0 857 TATER 0 3,000 LESS ACCUMULATED DEPRECIATION 0 214 DAZ 0 1,300 LESS ACCUMULATED DEPRECIATION 0 93 2007 POLARIS X2 500 HO ATV 0 7,500 LESS ACCUMULATED DEPRECIATION 0 750 TOTAL 0 25,136
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 3,167
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FAITHFULHEARTS EQUINE LEARNING CENTER'S PURPOSE IS TO CONTRIBUTE POSITIVELY TO THE COGNITIVE, PHYSICAL, EMOTIONAL, AND SOCIAL WELL-BEING OF PEOPLE WITH DISABILITIES AND PEOPLE WHO HAVE EXPERIENCED TRAUMA BY FOSTERING CONNECTIONS BETWEEN HORSES AND PEOPLE IN A CHRIST-CENTERED LOVING ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN 2022, THE ORGANIZATION SERVED OVER 300 CHILDREN AND ADULTS IN THE LOCAL AREA AND PROVIDED LEADERSHIP AND TEAM BUILDING WORKSHOPS FOR TEACHERS AND BUSINESS PROFESSIONAL ACROSS 22 STATES. WE PROVIDED EQUINE ASSISTED LEARNING WORKSHOPS FOR 5 OF 8 SCHOOLS IN THE DISTRICT. WE PROVIDED COMMUNITY OUTREACH THROUGH TWO 6 WEEK MASTER CLASSES AT A LOCAL ELEMENTARY SCHOOL. WE PROVIDED 3 FREE ACTIVITY DAYS IN JUNE IN COORDINATION WITH THE WOODLAND PARK SCHOOLS. WE HAVE OVER 40 VOLUNTEERS, WHO HAVE CONTRIBUTED OVER 3,000 HOURS OF WORK.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM B
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02024-02-06T10:53:14-05:00
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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