Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1992.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
98 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
13 people listed on the 990; $44K paid to officers and key staff (Part VII, Section A).
Martha Costello’s $39K as President is at the 26th percentile of top reported officer pay among 1979 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 6 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Martha Costello | $38,590 | $45,905 | $43,101 | $42,919 | $42,834 | $39,586 |
| Nikka Hronis | $29,669 | — | — | — | — | — |
| Margaret McElhany | — | — | — | $10,754 | $786 | $27,617 |
| Jacqueline Boonekamp | — | $20,209 | $23,661 | $20,545 | — | — |
| Christina Whitman | $3,630 | — | — | — | — | — |
| John Hutchinson | $2,942 | — | — | — | — | — |
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 Valley Riding INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Offers English horseback riding and equine activities for all ages, promoting horse appreciation in the city.
Questions for Valley Riding INC
Your first name shows with your question. Valley Riding INC answers here, for everyone.
The organization is incorporated in the state of ohio as a not for profit organization. It provides quality english horseback instruction to physically and mentally challenged as well as able bodied children and adults.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $280K | $418K |
| Land, buildings, equipmentLn 10c | $36K | $43K |
| Total assetsLn 16 | $321K | $468K |
| LiabilitiesLn 26 | $121K | $65K |
| Net assetsLn 32 | $200K | $403K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $44K | $43K | $393 | $118 |
| Other salaries and wagesLn 7 | $221K | $221K | ||
| Other employee benefitsLn 9 | $23K | $23K | ||
| Payroll taxesLn 10 | $29K | $29K | $43 | $14 |
| Accounting feesLn 11c | $2K | $2K | ||
| Other fees for servicesLn 11g | $49K | $45K | $4K | |
| OccupancyLn 16 | $26K | $23K | $3K | |
| TravelLn 17 | $417 | $417 | ||
| Depreciation, depletion and amortizationLn 22 | $8K | $8K | ||
| InsuranceLn 23 | $31K | $29K | $2K | |
| Other expenses (24a–d)Ln 24 | $140K | $137K | $3K | |
| All other expensesLn 24e | $244 | $244 | ||
| Total functional expensesLn 25 | $572K | $558K | $14K | $132 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Aug 21, 2026 | $618K | $674K | −$56K | $277K | 990 PDF |
| FY2024Filed with the IRS Aug 4, 2025 | $635K | $625K | $10K | $334K | 990 PDF |
| FY2023Filed with the IRS May 23, 2024 | $623K | $655K | −$32K | $323K | 990 PDF |
| FY2022Filed with the IRS May 31, 2023 | $589K | $637K | −$48K | $355K | 990 PDF |
| FY2021 ViewingFiled with the IRS May 31, 2022 | $776K | $572K | $203K | $403K | 990 PDF |
| FY2020Filed with the IRS Apr 15, 2021 | $679K | $584K | $95K | $200K | 990 PDF |
Schedules filed Part IV
See the full FY2021 990
Part I · Summary $775,660 revenue, 12 lines filed
Part VI · Governance 11 of 13 board members independent, 1 to look at
Part VIII · Statement of revenue $775,660 across 7 lines filed
Part IX · Statement of functional expenses $572,396 across 12 lines filed
Part X · Balance sheet $468,306 assets, 13 lines filed
Part XI · Reconciliation of net assets $403,380 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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