Equitarian Initiative

Tax-deductible

Steamboat Springs, CO501(c)(3)Since 2013InternationalEIN 45-2922119

To sustainably improve the health and welfare of working horses, donkeys, mules, and their families around the world.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Run by 100 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $61K a year · 15% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$83K
to officers and key staff · 16% of spending
Top officer’s pay higher than 73% of similar orgs
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $10K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$25K
7% of total assets
Looks good: liabilities are 7% 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
$538K
+85% vs prior year
Spent
$511K
To programs
79%
Net assets
$362K
By yearFY2020–FY2025
Revenue
$538K
FY2025▲ +85%
Revenue by fiscal year
FY2020$496K
FY2021$177K
FY2022$349K
FY2023$318K
FY2024$291K
FY2025$538K
Expenses
$511K
FY2025▲ +28%
Expenses by fiscal year
FY2020$120K
FY2021Not on file
FY2022$319K
FY2023$336K
FY2024$400K
FY2025$511K
Net assets
$362K
FY2025▲ +8%
Net assets by fiscal year
FY2020$534K
FY2021$432K
FY2022$462K
FY2023$444K
FY2024$334K
FY2025$362K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2013.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $404K Management & general 19% · $96K Fundraising 2% · $11K

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

Who runs it and what they're paid

8 people listed on the 990; $83K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$83,154Pt VII · Sec A
Board Vice-President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Annie Henderson-Selle’s $83K as Executive Director is at the 73rd percentile of top reported officer pay among 1636 $100K–1M international 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Annie Henderson-Selle$83,154$78,600$80,000$78,504$70,000$60,000

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 Equitarian Initiative executive salaries →

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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

Trains volunteer vets globally to improve animal health and empower caretakers.

Provided by the organization

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1 program service account for $404K of program spending, described in the organization's own filed words · FY2025.
01

The welfare of working animals is vital to local communities and the global economy, yet there are few resources available to support their health and improve their challenging working conditions.

$404Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Brooke USA INCFY2025$10K
All of US INCFY2025$100
Total grants receivedfrom 2 funders$10K
Grants paid · 1 grant · $9K · 2020–2020
Unitemized GrantFY2020$9,204

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$538K
Ln 12
Gifts and grantsLn 1h$525K
Investment incomeLn 3$13K
Money outPt IX
$511K
Ln 25
Programscol B$404K
Managementcol C$96K
Fundraisingcol D$11K
Owns and owesPt X
$362K
net assets · Ln 32
Cash and savingsLn 1–2$336K
Total assetsLn 16$388K
LiabilitiesLn 26$25K
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$525K
Government grantsLn 1e$0
Noncash giftsLn 1g$135K
Fundraising eventsLn 1c$0
Investment incomeLn 3$13K
Gains on assetsLn 7$0
Total revenueLn 12$538K
Assets in detailPt X, end of year
CashLn 1$55K
SavingsLn 2$281K
Cash and savings togetherLn 1–2$336K
Land, buildings, equipmentLn 10c$23K
Total assetsLn 16$388K
LiabilitiesLn 26$25K
Net assetsLn 32$362K
OperationsPt I, VI
EmployeesI 51
VolunteersI 6100
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 FY25End FY25
Cash and savingsLn 1–2$299K$336K
Land, buildings, equipmentLn 10c$24K$23K
Total assetsLn 16$341K$388K
LiabilitiesLn 26$7K$25K
Net assetsLn 32$334K$362K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$366K$366K
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$83K$33K$50K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$4K$1K$2K$0
Payroll taxesLn 10$6K$3K$4K$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$3K$0$3K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$11K$11K
Office expensesLn 13$9K$917$8K$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$25K$0$25K$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$1K$0$1K$0
InsuranceLn 23$3K$0$3K$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$511K$404K$96K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $538K$511K$28K$362K 990 PDF
FY2024 $291K$400K−$109K$334K 990 PDF
FY2023 $318K$336K−$18K$444K 990 PDF
FY2022 $349K$319K$30K$462K 990 PDF
FY2021 $177K$432K 990 PDF
FY2020 $496K$120K$376K$534K 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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $538,174 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$524,942
VIII-1g Noncash contributions (included above)$135,055
VIII-1h Total contributions, gifts and grants$524,942
VIII-3 Investment incomeRelated to mission $13,232 · Unrelated business $0 · Excluded from tax $0$13,232
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $13,232 · Unrelated business $0 · Excluded from tax $0$538,174
Part IX · Statement of functional expenses $510,527 across 29 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $365,784$365,784
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $33,262 · Management $49,893 · Fundraising $0$83,155
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $1,402 · Management $2,102 · Fundraising $0$3,504
IX-10 Payroll taxesPrograms $2,501 · Management $3,751 · Fundraising $0$6,252
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $3,240 · Fundraising $0$3,240
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionFundraising $10,737$10,737
IX-13 Office expensesPrograms $917 · Management $8,087 · Fundraising $0$9,004
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $24,741 · Fundraising $0$24,741
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $1,194 · Fundraising $0$1,194
IX-23 InsurancePrograms $0 · Management $2,916 · Fundraising $0$2,916
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $403,866 · Management $95,924 · Fundraising $10,737$510,527
Part X · Balance sheet $387,533 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $70,499$54,989
X-2 Savings and temporary cash investmentsStart of year $228,176$280,674
X-3 Pledges and grants receivableStart of year $8,900$8,205
X-4 Accounts receivableStart of year $0$11,300
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $10,156$9,200
X-10c Land, buildings and equipment, netStart of year $23,756$23,165
X-16 Total assetsStart of year $341,487$387,533
X-17 Accounts payable and accrued expensesStart of year $7,068$25,467
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $7,068$25,467
X-27 Net assets without donor restrictionsStart of year $230,673$267,271
X-28 Net assets with donor restrictionsStart of year $103,746$94,795
X-32 Total net assets or fund balancesStart of year $334,419$362,066
X-33 Total liabilities and net assetsStart of year $341,487$387,533
Part XI · Reconciliation of net assets $362,066 net assets at year end
XI-1 Total revenue$538,174
XI-2 Total expenses$510,527
XI-3 Revenue less expenses$27,647
XI-4 Net assets at start of year$334,419
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$362,066

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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