The Champlain Adaptive Mounted Program EIN 22-2856443

The Champlain Adaptive Mounted Program FY2021 filing

EIN  22-2856443 Public charity (501(c)(3)) South Hero, VT Founded 1987
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers therapeutic horseback riding lessons for individuals with disabilities.
Leadership
Jean Ann Desranleau · Executive Di · $8K
Money in and out
$163K revenue, $139K expenses
Bottom line
95% program efficiency

Offers therapeutic horseback riding lessons for individuals with disabilities. For fiscal year 2021 it reported $163K in revenue, $139K in expenses, and $77K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$139K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$163K
FY2021▲ +1%
Expenses
$139K
FY2021▼ -14%
Total assets
$223K
FY2021▲ +8%
Total liabilities
$146K
FY2021▼ -5%
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$139K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$24K
Total assetsPt X · Ln 16$223K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $132K of program spending, described in the organization's own filed words · FY2021.
01

To provide horseback riding lessons to individuals with physical, emotional AND/OR mental disabilities.

$132Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Champlain Adaptive Mounted Program
EINHdr · item D22-2856443
Principal addressHdr · item CSouth Hero, VT
WebsiteHdr · item Jwww.vtchamp.org
Year of formationHdr · item L1987
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$8,250Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Jean Ann Desranleau$8,250$30,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue$77K · 47%
Contributions & grants$76K · 46%
Program service revenue$11K · 7%
Other revenue47%$77K
Contributions & grants46%$76K
Program service revenue7%$11K
Total revenueLn 12$163K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$132K
Management & general5%$7K
Total functional expensesLn 25$139K

Balance Sheet

Part X · end of year
CashLn 1$55K
Total assetsLn 16$223K
Total liabilitiesLn 26$146K
Total net assetsLn 32$77K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $55K · Operating expenses/yr $139K
4.8 months
Where the money goes
Program services
Program services $132K · Total expenses $139K
95%
Management & General
Management & general $7K · Total expenses $139K
5%
Fundraising
Fundraising $0 · Total expenses $139K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $70K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $76K · Total revenue $163K
46%
Government reliance
Government grants — · Total revenue $163K
Earned-income share
Program service revenue $11K · Total revenue $163K
7%
Investment reliance
Investment income $0 · Total revenue $163K
0%
Program self-sufficiency
Program service revenue $11K · Total expenses $139K
8%
Growth & trend
Revenue growth (YoY)
This year $163K · Prior year $162K
+1%
Net-asset trend (YoY)
End of year $77K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $163K · Expenses $139K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $223K
Net-asset ratio
Net assets $77K · Total assets $223K
34%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $223K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jean Ann Desranleau · Reported title EXECUTIVE DI · Highest reported compensation $8K · Total expenses $139K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $62K · Total expenses $139K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$235K revenue · ⤓ 990 PDF
FY2024$205K revenue · ⤓ 990 PDF
FY2023$199K revenue · ⤓ 990 PDF
FY2022$132K revenue · ⤓ 990 PDF
FY2021$163K revenue · viewing · ⤓ 990 PDF
FY2020$162K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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