Mane Stream INC EIN 23-7377601

Mane Stream INC FY2022 filing

EIN  23-7377601 Public charity (501(c)(3)) Oldwick, NJ Founded 1973
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Mane Stream INC claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Offers adaptive horseback riding, therapy, and inclusive camp for individuals with special needs.
Leadership
Patricia Hegeman · Executive Director · $114K
Money in and out
$1.0M revenue, $859K expenses
Bottom line
69% program efficiency

Offers adaptive horseback riding, therapy, and inclusive camp for individuals with special needs. For fiscal year 2022 it reported $1.0M in revenue, $859K in expenses, and $2.1M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$859K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $148K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.13 Fundraising $0.18
Program efficiency
69%
of spending reaches programs
Operating runway
19.3mo
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 2022 · Form 990
Revenue
$1.0M
FY2022▼ -19%
Expenses
$859K
FY2022▲ +11%
Total assets
$2.1M
FY2022▲ +7%
Total liabilities
$14K
FY2022▼ -26%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$859K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$148K
Total assetsPt X · Ln 16$2.1M
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $592K of program spending, described in the organization's own filed words · FY2022.
01

Since 1972 Mane Stream has provided therapy services and adaptive horseback riding for children and adults with special needs. In 2022 we served 34 clients with 486 visits to our occupational therapists,physical therapists,and speech language pathologists.

$386Kprogram expense
02

Mane Stream's PATH certified riding instructors provided 1,600 adaptive riding lessons to 92 riders with special needs, teaching riding and horsemanship skills. In 2022 we offered both semi-private and private lessons.

$182Kprogram expense
03

Horses for Healing (H4H)- H4H combines riding lessons and grooming/groundwork for individuals living with,recovering from and living life after cancer. In 2022 we had 6 individuals participate in H4H 2.0.

$24Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMane Stream INC
EINHdr · item D23-7377601
Principal addressHdr · item COldwick, NJ
WebsiteHdr · item Jwww.manestreamnj.org
Year of formationHdr · item L1973
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1975

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Director
$113,650Pt VII · Sec A
Director
$0Pt VII · Sec A
Assist. Sec.
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Patricia Hegeman$126,453$113,075$103,885$113,650$107,471$95,081

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.

See Mane Stream INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Other revenue$528K · 52%
Contributions & grants$282K · 28%
Program service revenue$189K · 19%
Investment income$7K · 1%
Other revenue52%$528K
Contributions & grants28%$282K
Program service revenue19%$189K
Investment income1%$7K
— government grantsLn 1e$15K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.13 Fundraising $0.18
Program services69%$592K
Management & general13%$114K
Fundraising18%$153K
Total functional expensesLn 25$859K

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$2.1M
Total liabilitiesLn 26$14K
Total net assetsLn 32$2.1M
Months of cash on handcomputed19.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $859K
19.3 months
Where the money goes
Program services
Program services $592K · Total expenses $859K
69%
Management & General
Management & general $114K · Total expenses $859K
13%
Fundraising
Fundraising $153K · Total expenses $859K
18%
Cost to raise $1
Fundraising expense (3-yr avg) $122K · Solicited contributions (3-yr avg) $341K
$0.36 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $282K · Total revenue $1.0M
28%
Government reliance
Government grants $15K · Total revenue $1.0M
1%
Earned-income share
Program service revenue $189K · Total revenue $1.0M
19%
Investment reliance
Investment income $7K · Total revenue $1.0M
+1%
Program self-sufficiency
Program service revenue $189K · Total expenses $859K
22%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $1.2M
-19%
Net-asset trend (YoY)
End of year $2.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $859K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $2.1M
Net-asset ratio
Net assets $2.1M · Total assets $2.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Patricia Hegeman · Reported title Executive Director · Highest reported compensation $114K · Total expenses $859K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $600K · Total expenses $859K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 13%
Fundraising cost ratio 54%
Revenue growth -19%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 3 funders$4K
See all 3 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Mane Stream INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$1.1M revenue · ⤓ 990 PDF
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023$994K revenue · ⤓ 990 PDF
FY2022$1.0M revenue · viewing · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$665K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.