Reins INC EIN 39-1850442 Form 990 (PDF) Claim this org

Reins INC

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Improves lives through horse therapy and activities for personal growth and development. For fiscal year 2025 it reported $462K in revenue, $297K in expenses, and $626K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Sheboygan Fls, WI
Website
reins-wi.org
Filings
6 on file (2020–2025)
Revenue
$462KFY2025
Expenses
$297K
Net assets
$626K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  39-1850442 Public charity (501(c)(3)) Sheboygan Fls, WI
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves lives through horse therapy and activities for personal growth and development.
Leadership
Peggy Brennan · Board of Directors
Money in and out
$462K revenue, $297K expenses
Bottom line
85% program efficiency
Where the money goes · FY2025
Total revenue
$462K
Pt VIII · Ln 12
Total expenses
$297K
Pt IX · Ln 25
Net assets
$626K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $165K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs▲ +1.0% vs prior filing year
Operating runway
16.9mo
months of highly liquid reserves at operating expense rate▲ +18% vs prior filing year
Surplus margin
+36%
revenue over expenses, this year▲ +109% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$462K
FY2025▲ +36%
Expenses
$297K
FY2025▲ +6%
Total assets
$1.1M
FY2025▲ +18%
Total liabilities
$484K
FY2025+0.1%
Total revenue
$462K
Pt VIII · Ln 12
Total expenses
$297K
Pt IX · Ln 25
Net assets
$626K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$165K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CReins INC
EINHdr · item D39-1850442
Principal addressHdr · item CSheboygan Fls, WI
WebsiteHdr · item Jreins-wi.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E50)
Ruling yearIRS BMFSep 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
Board of Directors
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Financial Officer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $253K of program spending, described in the organization's own filed words · FY2024.
01

Medical and mental health therapy for the community through experiences with horses

$253Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$411K · 89%
Program service revenue$35K · 8%
Investment income$16K · 3%
Contributions & grants89%$411K
Program service revenue8%$35K
Investment income3%$16K
Total revenueLn 12$462K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$253K
Management & general15%$44K
Total functional expensesLn 25$297K

Balance Sheet

Part X · end of year
CashLn 1$419K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$484K
Total net assetsLn 32$626K
Months of cash on handcomputed16.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $419K · Operating expenses/yr $297K
16.9 months
Where the money goes
Program services
Program services $253K · Total expenses $297K
85%
Management & General
Management & general $44K · Total expenses $297K
15%
Fundraising
Fundraising $0 · Total expenses $297K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $324K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $411K · Total revenue $462K
89%
Government reliance
Government grants — · Total revenue $462K
Earned-income share
Program service revenue $35K · Total revenue $462K
8%
Investment reliance
Investment income $16K · Total revenue $462K
+3%
Program self-sufficiency
Program service revenue $35K · Total expenses $297K
12%
Growth & trend
Revenue growth (YoY)
This year $462K · Prior year $339K
+36%
Revenue CAGR
FY2019 $278K · FY2024 $462K
+11%
Net-asset trend (YoY)
End of year $626K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $462K · Expenses $297K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $626K · Total assets $1.1M
56%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Peggy Brennan · Reported title BOARD OF DIRECTORS · Highest reported compensation $0 · Total expenses $297K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $178K · Total expenses $297K
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Revenue growth 36%
Accounting fee ratio 2%

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 1 funder$5K

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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)$462K revenue · viewing · ⤓ 990 PDF
FY2024$339K revenue · ⤓ 990 PDF
FY2023$286K revenue · ⤓ 990 PDF
FY2022$247K revenue · ⤓ 990 PDF
FY2021$211K revenue · ⤓ 990 PDF
FY2020$278K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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