Equus Effect

Tax-deductible

Sharon, CT501(c)(3)Mental HealthEIN 45-2632601Revenue $393K in FY2024

On file with the IRS37 Drum Rd, 06069-2601 · Sharon, CTTax-exempt since Sep 2014Publicly supported — 509(a)(2)

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To help veterans and others in transition rebuild healthy relationships at home, work and school through meaningful engagement with horses.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Run by 10 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $85K a year · 24% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$32K
to officers and key staff · 9% of spending
Top officer’s pay lower than 81% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$335K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$393K
+21% vs prior year
Spent
$347K
To programs
72%
Net assets
$643K
By yearFY2020–FY2024
Revenue
$393K
FY2024▲ +21%
Tap a bar for its year
Revenue by fiscal year
FY2020$348K
FY2021$389K
FY2022$340K
FY2023$324K
FY2024$393K
Expenses
$347K
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$188K
FY2021$200K
FY2022$309K
FY2023$323K
FY2024$347K
Net assets
$643K
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$377K
FY2021$566K
FY2022$597K
FY2023$597K
FY2024$643K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Exemption reinstated (2014-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Sep 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $250K Management & general 15% · $52K Fundraising 13% · $46K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $32K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director/Board M
$31,665Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jane Strong’s $32K as Executive Director/Board M is at the 19th percentile of top reported officer pay among 2094 $100K–1M mental health 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jane Strong$31,665$20,000$19,636$20,000$15,500
David Sonatore Lcsw———$27,500$20,000
Jesi Sarno————$17,500

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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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

Helps veterans and others rebuild relationships through meaningful engagement with horses.

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Provided by the organization

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1 program · $250K · in their own filed words · FY2024
01

In june 2019, the veterans administration (va) was awarded a $200,000 research grant to study the impact of our four-session, 16-HOUR curriculum on a trans diagnostic sample of veterans where participants experience for themselves, what it takes to work with horses in a way that cultivates nervous system regulation as well as how to…

$250Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$393K
Ln 12
Gifts and grantsLn 1h$338K
Fees for servicesLn 2g$72K
Investment incomeLn 3$5K
Money outPt IX
$347K
Ln 25
Programscol B$250K
Managementcol C$52K
Fundraisingcol D$46K
Owns and owesPt X
$643K
net assets · Ln 32
Cash and savingsLn 1–2$404K
Total assetsLn 16$978K
LiabilitiesLn 26$335K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$338K
Fundraising eventsLn 1c$102K
Fees for servicesLn 2g$72K
Investment incomeLn 3$5K
Total revenueLn 12$393K
Assets in detailPt X, end of year
CashLn 1$207K
SavingsLn 2$196K
Cash and savings togetherLn 1–2$404K
Land, buildings, equipmentLn 10c$542K
Total assetsLn 16$978K
LiabilitiesLn 26$335K
Net assetsLn 32$643K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$403K$404K
Land, buildings, equipmentLn 10c$536K$542K
Total assetsLn 16$942K$978K
LiabilitiesLn 26$345K$335K
Net assetsLn 32$597K$643K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$32K$25K$3K$3K
Other salaries and wagesLn 7$6K$6K
Payroll taxesLn 10$3K$2K$801$225
Management feesLn 11a$96K$38K$26K$32K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$31K$31K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$5K$3K$2K$157
Information technologyLn 14$24K$18K$3K$3K
OccupancyLn 16$31K$29K$1K$743
TravelLn 17$18K$16K$2K
Depreciation, depletion and amortizationLn 22$24K$23K$920$230
InsuranceLn 23$7K$5K$2K$325
Other expenses (24a–d)Ln 24$61K$59K$2K
Total functional expensesLn 25$347K$250K$52K$46K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $393K$347K$46K$643K 990 PDF
FY2023 $324K$323K$763$597K 990 PDF
FY2022 $340K$309K$31K$597K 990 PDF
FY2021 $389K$200K$189K$566K 990 PDF
FY2020 $348K$188K$160K$377K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $393,223 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $269,889$337,957
I-9 Program service revenuePrior year $62,690$72,479
I-10 Investment incomePrior year $148$4,790
I-11 Other revenuePrior year −$9,038−$22,003
I-12 Total revenuePrior year $323,689$393,223
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $20,115$40,033
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $302,811$307,347
I-18 Total expensesPrior year $322,926$347,380
I-19 Revenue less expensesPrior year $763$45,843
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $393,223 across 7 lines filed
VIII-1c Fundraising events$102,199
VIII-1f All other contributions, gifts and grants$235,758
VIII-1h Total contributions, gifts and grants$337,957
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $72,479$72,479
VIII-3 Investment incomeExcluded from tax $4,790$4,790
VIII-8 Net income from fundraising eventsExcluded from tax −$22,003−$22,003
VIII-12 Total revenueRelated to mission $72,479 · Unrelated business $0 · Excluded from tax −$17,213$393,223
Part IX · Statement of functional expenses $347,380 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $25,332 · Management $3,167 · Fundraising $3,166$31,665
IX-7 Other salaries and wagesManagement $5,542$5,542
IX-10 Payroll taxesPrograms $1,800 · Management $801 · Fundraising $225$2,826
IX-11a Management feesPrograms $38,203 · Management $26,033 · Fundraising $32,194$96,430
IX-11c Accounting feesManagement $6,624$6,624
IX-11g Other fees for servicesPrograms $31,463$31,463
IX-12 Advertising and promotionFundraising $2,259$2,259
IX-13 Office expensesPrograms $2,655 · Management $2,319 · Fundraising $157$5,131
IX-14 Information technologyPrograms $18,499 · Management $2,731 · Fundraising $2,887$24,117
IX-16 OccupancyPrograms $28,564 · Management $1,487 · Fundraising $743$30,794
IX-17 TravelPrograms $16,237 · Fundraising $1,960$18,197
IX-22 Depreciation, depletion and amortizationPrograms $22,978 · Management $920 · Fundraising $230$24,128
IX-23 InsurancePrograms $4,879 · Management $2,071 · Fundraising $325$7,275
IX-24 Other expenses (24a–d)Programs $59,065 · Fundraising $1,864$60,929
IX-25 Total functional expensesPrograms $249,675 · Management $51,695 · Fundraising $46,010$347,380
Part X · Balance sheet $978,350 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $175,836$207,452
X-2 Savings and temporary cash investmentsStart of year $227,114$196,419
X-4 Accounts receivableStart of year $3,150$32,000
X-10c Land, buildings and equipment, netStart of year $536,248$542,479
X-16 Total assetsStart of year $942,348$978,350
X-17 Accounts payable and accrued expensesStart of year $7,841$11,365
X-26 Total liabilitiesStart of year $344,870$335,029
X-27 Net assets without donor restrictionsStart of year $597,478$643,321
X-32 Total net assets or fund balancesStart of year $597,478$643,321
X-33 Total liabilities and net assetsStart of year $942,348$978,350
Part XI · Reconciliation of net assets $643,321 net assets at year end
XI-1 Total revenue$393,223
XI-2 Total expenses$347,380
XI-3 Revenue less expenses$45,843
XI-4 Net assets at start of year$597,478
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$643,321

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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