Equus Effect EIN 45-2632601

Equus Effect FY2022 filing

EIN  45-2632601 Public charity (501(c)(3)) Sharon, CT
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps veterans and others rebuild relationships through meaningful engagement with horses.
Leadership
Jane Strong · Executive Director/Board M · $20K
Money in and out
$340K revenue, $309K expenses
Bottom line
71% program efficiency

Helps veterans and others rebuild relationships through meaningful engagement with horses. For fiscal year 2022 it reported $340K in revenue, $309K in expenses, and $597K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$340K
Pt VIII · Ln 12
Total expenses
$309K
Pt IX · Ln 25
Net assets
$597K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $31K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.14 Fundraising $0.15
Program efficiency
71%
of spending reaches programs
Operating runway
16.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$340K
FY2022▼ -13%
Expenses
$309K
FY2022▲ +54%
Total assets
$977K
FY2022▲ +5%
Total liabilities
$380K
FY2022▲ +4%
Total revenue
$340K
Pt VIII · Ln 12
Total expenses
$309K
Pt IX · Ln 25
Net assets
$597K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$31K
Total assetsPt X · Ln 16$977K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $221K of program spending, described in the organization's own filed words · FY2022.
01

In june 2019, the veterans administration (va) was awarded a $200,000 research grant to study the impact of our curriculum on a trans diagnostic sample of veterans. This pilot project will include a control sample as well as a trial sample of veterans who struggle with emotion regulation and social engagement.

$221Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEquus Effect
EINHdr · item D45-2632601
Principal addressHdr · item CSharon, CT
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F30)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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
Executive Director/Board M
$19,636Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Emeritus 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 2082 $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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Statement of Revenue

Part VIII
Contributions & grants$282K · 83%
Program service revenue$66K · 19%
Contributions & grants83%$282K
Program service revenue19%$66K
Investment income$474
— government grantsLn 1e$30K
Total revenueLn 12$340K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.14 Fundraising $0.15
Program services71%$221K
Management & general14%$42K
Fundraising15%$46K
Total functional expensesLn 25$309K

Balance Sheet

Part X · end of year
CashLn 1$419K
Total assetsLn 16$977K
Total liabilitiesLn 26$380K
Total net assetsLn 32$597K
Months of cash on handcomputed16.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $419K · Operating expenses/yr $309K
16.3 months
Where the money goes
Program services
Program services $221K · Total expenses $309K
71%
Management & General
Management & general $42K · Total expenses $309K
14%
Fundraising
Fundraising $46K · Total expenses $309K
15%
Cost to raise $1
Fundraising expense (3-yr avg) $29K · Solicited contributions (3-yr avg) $306K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $282K · Total revenue $340K
83%
Government reliance
Government grants $30K · Total revenue $340K
9%
Earned-income share
Program service revenue $66K · Total revenue $340K
19%
Investment reliance
Investment income $474 · Total revenue $340K
0%
Program self-sufficiency
Program service revenue $66K · Total expenses $309K
21%
Growth & trend
Revenue growth (YoY)
This year $340K · Prior year $389K
-13%
Net-asset trend (YoY)
End of year $597K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $340K · Expenses $309K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $977K
Net-asset ratio
Net assets $597K · Total assets $977K
61%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $977K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jane Strong · Reported title EXECUTIVE DIRECTOR/BOARD M · Highest reported compensation $20K · Total expenses $309K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $20K · Total expenses $309K
6%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 14%
Fundraising cost ratio 16%
Revenue growth -13%
Accounting fee ratio 3%

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$7K

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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
FY2024 (Latest)$393K revenue · ⤓ 990 PDF
FY2023$324K revenue · ⤓ 990 PDF
FY2022$340K revenue · viewing · ⤓ 990 PDF
FY2021$389K revenue · ⤓ 990 PDF
FY2020$348K 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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