Colorado Horse Rescue Network EIN 47-2431562

Colorado Horse Rescue Network

EIN  47-2431562 Public charity (501(c)(3)) Rush, CO Founded 2014
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Rescues, rehabilitates, and retrains horses at risk of slaughter.
Leadership
Money in and out
$971K revenue, $586K expenses
Bottom line
71% program efficiency

Rescues, rehabilitates, and retrains horses at risk of slaughter. For fiscal year 2024 it reported $971K in revenue, $586K in expenses, and $521K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$971K
Pt VIII · Ln 12
Total expenses
$586K
Pt IX · Ln 25
Net assets
$521K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $385K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.29
Program efficiency
71%
of spending reaches programs▼ -17% vs prior filing year
Surplus margin
+40%
revenue over expenses, this year
Revenue trend
+37%
avg. annual growth over 5 years▲ +69% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$971K
FY2024▲ +117%
Expenses
$586K
FY2024▲ +31%
Total assets
$521K
FY2024▲ +283%
Total liabilities
$0
FY2024
Total revenue
$971K
Pt VIII · Ln 12
Total expenses
$586K
Pt IX · Ln 25
Net assets
$521K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$385K
Total assetsPt X · Ln 16$521K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $403K of program spending, described in the organization's own filed words · FY2024.
01

CHRN is dedicated to the rescue, rehabilitation, and re-training of horses in need or at risk of entering the slaughter pipeline. .

$348Kprogram expense
02

Veterinary Expenses

CHRN vets every horse that comes n to the facility. Floating teeth, castrating stallions, and euthanasia expenses. Also includes incidental expenses such as injuries,pregnancy checks, and vacinations

$39Kprogram expense
03

Farrier Services

Each horse in the facility receives regular trims every 6 to 8 weeks. Often horses require shoes or corrective services at additional expense.

$16Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CColorado Horse Rescue Network
EINHdr · item D47-2431562
Principal addressHdr · item CRush, CO
Year of formationHdr · item L2014
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFDec 2014

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 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Peter Barrett’s $22K as Independant Contractor is at the 23rd percentile of top reported officer pay among 1218 $100K–1M animals 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

NameFY2023FY2022
Peter Barrett$21,615$33,266

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$946K · 97%
Program service revenue$24K · 3%
Contributions & grants97%$946K
Program service revenue3%$24K
Total revenueLn 12$971K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.29
Program services71%$418K
Management & general29%$168K
Total functional expensesLn 25$586K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$521K
Total liabilitiesLn 26$0
Total net assetsLn 32$521K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $586K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $418K · Total expenses $586K
71%
Management & General
Management & general $168K · Total expenses $586K
29%
Fundraising
Fundraising $0 · Total expenses $586K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $120 · Solicited contributions (3-yr avg) $572K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $946K · Total revenue $971K
97%
Government reliance
Government grants $0 · Total revenue $971K
0%
Earned-income share
Program service revenue $24K · Total revenue $971K
3%
Investment reliance
Investment income $0 · Total revenue $971K
0%
Program self-sufficiency
Program service revenue $24K · Total expenses $586K
4%
Growth & trend
Revenue growth (YoY)
This year $971K · Prior year $447K
+117%
Revenue CAGR
FY2019 $203K · FY2024 $971K
+37%
Net-asset trend (YoY)
End of year $521K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $971K · Expenses $586K
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $521K
Net-asset ratio
Net assets $521K · Total assets $521K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $521K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carrie Terroux-Barrett · Reported title Director · Highest reported compensation $0 · Total expenses $586K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $586K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 29%
Revenue growth 117%

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 · FY2024
See all 8 funders →

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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$447K revenue · ⤓ 990 PDF
FY2023$372K revenue · ⤓ 990 PDF
FY2022$458K revenue · ⤓ 990 PDF
FY2021$380K revenue · ⤓ 990 PDF
FY2020$203K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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