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

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CEquitarian Initiative
EINHdr · item D45-2922119
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 2013
Year of formationHdr · item L2013
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSteamboat Springs, CO
NTEE classificationIRS BMFInternational (Q30)
WebsiteHdr · item Jwww.equitarianinitative.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.19 Fundraising $0.02
Program services79%$404K
Management & general19%$96K
Fundraising2%$11K
Total functional expensesLn 25$511K

Finances

Money in and out, what it owns and owes

Spent on programs
79%
of spending reaches programs▼ -0.9% vs prior filing year
Months of spending covered by cash
10.7mo
months of spending covered by cash and easy-to-sell investments▲ +19% vs prior filing year
Surplus or deficit
+5%
as % of revenue, this year▲ +114% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$388K
FY2025▲ +13%
Total assets by fiscal year
FY2020$541K
FY2021Not on file
FY2022$471K
FY2023$444K
FY2024$341K
FY2025$388K
Total liabilities
$25K
FY2025▲ +260%
Total liabilities by fiscal year
FY2020$6K
FY2021Not on file
FY2022$9K
FY2023$960
FY2024$7K
FY2025$25K
Revenue less expensesPt I · Ln 19$28K
Total assetsPt X · Ln 16$388K
Spent on programsPt IX · col B79%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$336K
Total assetsLn 16$388K
Total liabilitiesLn 26$25K
Total net assetsLn 32$362K
Months of cash on handcomputed7.9

Statement of Revenue

Part VIII
Contributions & grants$525K · 98%
Investment income$13K · 2%
Contributions & grants98%$525K
Investment income2%$13K
Total revenueLn 12$538K

Money in detail

Form 990 · FY2025 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments $336K · Operating expenses (Pt IX) $511K · Less non-cash grants $135K · Cash operating expenses/yr $375K
10.7 months
Where the money goes
Program services
Program services $404K · Total expenses $511K
79%
Management & General
Management & general $96K · Total expenses $511K
19%
Fundraising
Fundraising $11K · Total expenses $511K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $371K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $525K · Total revenue $538K
98%
Government reliance
Government grants $0 · Total revenue $538K
0%
Earned-income share
Program service revenue $0 · Total revenue $538K
0%
Investment reliance
Investment income $13K · Total revenue $538K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $511K
0%
Growth & trend
Revenue change from last year
This year $538K · Prior year $291K
+85%
Revenue, average yearly change over 5 years
FY2020 $496K · FY2025 $538K
+2%
Net assets change over the year
End of year $362K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus or deficit, as % of revenue
Revenue $538K · Expenses $511K
+5%
Debts compared to what it owns
Total liabilities — · Total assets $388K
—
Net assets compared to what it owns
Net assets $362K · Total assets $388K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $388K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Annie Henderson-Selle · Reported title Executive Director · Highest reported compensation $83K · Total expenses $511K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $93K · Total expenses $511K
18%
Peer comparison

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

MetricThis orgPeer medianPercentile
Spent on programs 79%——
Spent on management, % of spending 19%——
Fundraising cost, % of gifts 2%——
Revenue growth 85%——

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

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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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

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

Provided by the organization

This section is blank until Equitarian Initiative claims this page.

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Mission & Programs · Part III

Where the work happens

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $538K$511K+85% 990 PDF
FY2024 $291K$400K-9% 990 PDF
FY2023 $318K$336K-9% 990 PDF
FY2022 $349K$319K+98% 990 PDF
FY2021 $177K—-64% 990 PDF
FY2020 $496K$120K 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

Full filing: Form 990 for FY2025

Every line we hold from the return, cited to its Part and line.
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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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
Names, privacy, and removal requests More

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