The Champlain Adaptive Mounted Program EIN 22-2856443

The Champlain Adaptive Mounted Program FY2022 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
Erin Bartle · Board Member
Money in and out
$132K revenue, $168K expenses
Bottom line
42% program efficiency

Offers therapeutic horseback riding lessons for individuals with disabilities. For fiscal year 2022 it reported $132K in revenue, $168K in expenses, and $40K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$132K
Pt VIII · Ln 12
Total expenses
$168K
Pt IX · Ln 25
Net assets
$40K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$37K
Where spending went · Part IX cols B–D
Program services $0.42 Management & general $0.58
Program efficiency
42%
of spending reaches programs
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$132K
FY2022▼ -19%
Expenses
$168K
FY2022▲ +21%
Total assets
$178K
FY2022▼ -20%
Total liabilities
$138K
FY2022▼ -6%
Total revenue
$132K
Pt VIII · Ln 12
Total expenses
$168K
Pt IX · Ln 25
Net assets
$40K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$37K
Total assetsPt X · Ln 16$178K
Program-expense ratioPt IX · col B42%
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 $71K of program spending, described in the organization's own filed words · FY2022.
01

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

$71Kprogram 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
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Ex. Dir./Pre
$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$66K · 50%
Contributions & grants$54K · 41%
Program service revenue$12K · 9%
Other revenue50%$66K
Contributions & grants41%$54K
Program service revenue9%$12K
Total revenueLn 12$132K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.42 Management & general $0.58
Program services42%$71K
Management & general58%$97K
Total functional expensesLn 25$168K

Balance Sheet

Part X · end of year
CashLn 1$19K
Total assetsLn 16$178K
Total liabilitiesLn 26$138K
Total net assetsLn 32$40K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $19K · Operating expenses/yr $168K
1.3 months
Where the money goes
Program services
Program services $71K · Total expenses $168K
42%
Management & General
Management & general $97K · Total expenses $168K
58%
Fundraising
Fundraising $0 · Total expenses $168K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $65K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $54K · Total revenue $132K
41%
Government reliance
Government grants — · Total revenue $132K
Earned-income share
Program service revenue $12K · Total revenue $132K
9%
Investment reliance
Investment income $0 · Total revenue $132K
0%
Program self-sufficiency
Program service revenue $12K · Total expenses $168K
7%
Growth & trend
Revenue growth (YoY)
This year $132K · Prior year $163K
-19%
Net-asset trend (YoY)
End of year $40K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $132K · Expenses $168K
-28%
Liabilities-to-Assets
Total liabilities — · Total assets $178K
Net-asset ratio
Net assets $40K · Total assets $178K
22%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $178K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Erin Bartle · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $168K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $28K · Total expenses $168K
17%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 42%
Overhead ratio 58%
Fundraising cost ratio 0%
Revenue growth -19%
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 · viewing · ⤓ 990 PDF
FY2021$163K revenue · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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