Stablestrides EIN 74-2232440 Form 990 (PDF) Claim this org

Stablestrides FY2022 filing

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Connects people with horses to improve their well-being. For fiscal year 2022 it reported $1.2M in revenue, $1.4M in expenses, and $21K in net assets.Pt I

Founded
1982
Type
Religious organization · Religion
Location
Colorado Springs, CO
Website
www.stablestrides.org
Filings
4 on file (2021–2022)
Revenue
$1.2MFY2022
Expenses
$1.4M
Net assets
$21K
People
22
Filings
4
Updates
0
More identity details & actions ⌄
EIN  74-2232440 Religious organization Colorado Springs, CO Founded 1982
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Connects people with horses to improve their well-being.
Leadership
Jason Frazier · Execuitive Director · $22K
Money in and out
$1.2M revenue, $1.4M expenses
Where the money goes · FY2022
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$21K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$234K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.08 Fundraising $0.17

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$1.2M
FY2022▼ -8%
Expenses
$1.4M
FY2022▲ +17%
Total assets
$149K
FY2022▼ -54%
Total liabilities
$128K
FY2022▲ +84%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$21K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$234K
Total assetsPt X · Ln 16$149K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStablestrides
EINHdr · item D74-2232440
Principal addressHdr · item CColorado Springs, CO
WebsiteHdr · item Jwww.stablestrides.org
Year of formationHdr · item L1982
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21I)
Ruling yearIRS BMFAug 1982

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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 · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Execuitive Director
$22,286Pt VII · Sec A
Execuitive Director
$22,286Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

Kay Tally-Foos’s $55K as Executive Director is at the 56th percentile of top reported officer pay among 2136 $100K–1M religion 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 · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Jason Frazier$84,923$22,286
Shannon Mitchell$79,846
Kay Tally-Foos$54,599$21,682
Brittany Weinzierl$6,627

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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Mission & Programs · Part III

Where the work happens

4 program services account for $2.1M of program spending, described in the organization's own filed words · FY2021.
01

The Organization provides horse-centered therapies and activities to over 700 individuals each year. Individuals served are addressing mental, physical, and behavioral challenges. Their ages range from two to eighty-two. Services are provided at three locations in El Paso County Colorado and include both indoor and outdoor facilities.

$788Kprogram expense
02

The Organization provides horse-centered therapies and activities to over 700 individuals each year. Individuals served are addressing mental, physical, and behavioral challenges. Their ages range from two to eighty-two. Services are provided at three locations in El Paso County Colorado and include both indoor and outdoor facilities.

$788Kprogram expense
03

Gold Camp Stables is a 70-horse boarding barn located in downtown Colorado Springs. The Organization provides boarding-related services to the community. Additionally, Gold Camp Stables will provide vocational and internship programs to individuals looking to gain skills and knowledge in equine-related industries.

$281Kprogram expense
04

Gold Camp Stables is a 70-horse boarding barn located in downtown Colorado Springs. The Organization provides boarding-related services to the community. Additionally, Gold Camp Stables will provide vocational and internship programs to individuals looking to gain skills and knowledge in equine-related industries.

$281Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$654K · 55%
Contributions & grants$510K · 43%
Other revenue$19K · 2%
Program service revenue55%$654K
Contributions & grants43%$510K
Other revenue2%$19K
Investment income$10
— government grantsLn 1e$179K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.08 Fundraising $0.17
Program services75%$1.1M
Management & general8%$106K
Fundraising17%$243K
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$63K
Total assetsLn 16$149K
Total liabilitiesLn 26$128K
Total net assetsLn 32$21K
Months of cash on handcomputed0.5

Grants

Schedule I · funders on record
Grants received · FY2024
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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$983K revenue · ⤓ 990 PDF
FY2023$828K revenue · ⤓ 990 PDF
FY2022$1.2M revenue · viewing · ⤓ 990 PDF
FY2021$1.3M 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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