Elite Equine Rescue EIN 82-4383750 Form 990 (PDF) Claim this org

Elite Equine Rescue

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Rescues horses from abuse and neglect, providing rehabilitation and re-homing. For fiscal year 2025 it reported $455K in revenue, $354K in expenses, and $120K in net assets.Pt I

Founded
2018
Type
Public charity (501(c)(3)) · Animals
Location
Colorado Springs, CO
Website
www.eliteequinerescue.com
Filings
6 on file (2020–2025)
Revenue
$455KFY2025
Expenses
$354K
Net assets
$120K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  82-4383750 Public charity (501(c)(3)) Colorado Springs, CO Founded 2018
Form 990 (PDF)
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Size
$100K–1M
What they do
Rescues horses from abuse and neglect, providing rehabilitation and re-homing.
Leadership
Gina Hluska · President
Money in and out
$455K revenue, $354K expenses
Bottom line
97% program efficiency
Where the money goes · FY2025
Total revenue
$455K
Pt VIII · Ln 12
Total expenses
$354K
Pt IX · Ln 25
Net assets
$120K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $102K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▼ -0.5% vs prior filing year
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate▲ +310% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ ×13 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$455K
FY2025▲ +110%
Expenses
$354K
FY2025▲ +66%
Total assets
$120K
FY2025▲ +554%
Total liabilities
$0
FY2025
Total revenue
$455K
Pt VIII · Ln 12
Total expenses
$354K
Pt IX · Ln 25
Net assets
$120K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$102K
Total assetsPt X · Ln 16$120K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CElite Equine Rescue
EINHdr · item D82-4383750
Principal addressHdr · item CColorado Springs, CO
WebsiteHdr · item Jwww.eliteequinerescue.com
Year of formationHdr · item L2018
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFJun 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
Barn Manager
$0Pt VII · Sec A

Gina Hluska’s $13K as President is at the 14th percentile of top reported officer pay among 1221 $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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $340K of program spending, described in the organization's own filed words · FY2025.
01

Equine rescue, rehab and rehoming.

$340Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$238K · 52%
Program service revenue$218K · 48%
Contributions & grants52%$238K
Program service revenue48%$218K
Total revenueLn 12$455K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$344K
Management & general3%$10K
Total functional expensesLn 25$354K

Balance Sheet

Part X · end of year
CashLn 1$120K
Total assetsLn 16$120K
Total liabilitiesLn 26$0
Total net assetsLn 32$120K
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $120K · Operating expenses/yr $354K
4.1 months
Where the money goes
Program services
Program services $344K · Total expenses $354K
97%
Management & General
Management & general $10K · Total expenses $354K
3%
Fundraising
Fundraising $0 · Total expenses $354K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $118K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $238K · Total revenue $455K
52%
Government reliance
Government grants — · Total revenue $455K
Earned-income share
Program service revenue $218K · Total revenue $455K
48%
Investment reliance
Investment income $0 · Total revenue $455K
0%
Program self-sufficiency
Program service revenue $218K · Total expenses $354K
62%
Growth & trend
Revenue growth (YoY)
This year $455K · Prior year $216K
+110%
Revenue CAGR
FY2020 $79K · FY2025 $455K
+42%
Net-asset trend (YoY)
End of year $120K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $455K · Expenses $354K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $120K
Net-asset ratio
Net assets $120K · Total assets $120K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $120K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gina Hluska · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $354K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $354K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Revenue growth 110%

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 · FY2023

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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
FY2025 (Latest)$455K revenue · viewing · ⤓ 990 PDF
FY2024$216K revenue · ⤓ 990 PDF
FY2023$222K revenue · ⤓ 990 PDF
FY2022$178K revenue · ⤓ 990 PDF
FY2021$103K revenue · ⤓ 990 PDF
FY2020$79K revenue · ⤓ 990 PDF

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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
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