New Day Equines Therapy EIN 83-2767154 Form 990 (PDF) Claim this org

New Day Equines Therapy

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Provides equine therapy to improve well-being for cancer patients, survivors, and families. For fiscal year 2025 it reported $51K in revenue, $59K in expenses, and $125K in net assets.Pt I

Founded
2018
Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Richmond, VA
Website
newdayequinetherapy.com
Filings
6 on file (2020–2025)
Revenue
$51KFY2025
Expenses
$59K
Net assets
$125K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-2767154 Public charity (501(c)(3)) Richmond, VA Founded 2018
Form 990 (PDF)
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Size
<$100K
What they do
Provides equine therapy to improve well-being for cancer patients, survivors, and families.
Leadership
Bruce Nachman · Director
Money in and out
$51K revenue, $59K expenses
Bottom line
98% program efficiency
Where the money goes · FY2025
Total revenue
$51K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$8K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▼ -0.8% vs prior filing year
Operating runway
16.9mo
months of highly liquid reserves at operating expense rate▲ +13% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -182% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$51K
FY2025▼ -41%
Expenses
$59K
FY2025▼ -17%
Total assets
$125K
FY2025▼ -6%
Total liabilities
$0
FY2025
Total revenue
$51K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$8K
Total assetsPt X · Ln 16$125K
Program-expense ratioPt IX · col B98%
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 CNew Day Equines Therapy
EINHdr · item D83-2767154
Principal addressHdr · item CRichmond, VA
WebsiteHdr · item Jnewdayequinetherapy.com
Year of formationHdr · item L2018
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W99)
Ruling yearIRS BMFFeb 2019

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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $58K of program spending, described in the organization's own filed words · FY2025.
01

New day offers equine therapy services to cancer patients, survivors and their families to inhance their quality of life and overall well being.

$58Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$47K · 92%
Program service revenue$3K · 5%
Investment income$2K · 3%
Contributions & grants92%$47K
Program service revenue5%$3K
Investment income3%$2K
Total revenueLn 12$51K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$58K
Management & general2%$1K
Total functional expensesLn 25$59K

Balance Sheet

Part X · end of year
CashLn 1$84K
Total assetsLn 16$125K
Total liabilitiesLn 26$0
Total net assetsLn 32$125K
Months of cash on handcomputed16.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $84K · Operating expenses/yr $59K
16.9 months
Where the money goes
Program services
Program services $58K · Total expenses $59K
98%
Management & General
Management & general $1K · Total expenses $59K
2%
Fundraising
Fundraising $0 · Total expenses $59K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $66K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $47K · Total revenue $51K
92%
Government reliance
Government grants — · Total revenue $51K
Earned-income share
Program service revenue $3K · Total revenue $51K
5%
Investment reliance
Investment income $2K · Total revenue $51K
+3%
Program self-sufficiency
Program service revenue $3K · Total expenses $59K
4%
Growth & trend
Revenue growth (YoY)
This year $51K · Prior year $87K
-41%
Revenue CAGR
FY2020 $37K · FY2025 $51K
+7%
Net-asset trend (YoY)
End of year $125K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $51K · Expenses $59K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $125K
Net-asset ratio
Net assets $125K · Total assets $125K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $125K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bruce Nachman · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $59K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $15K · Total expenses $59K
25%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Revenue growth -41%

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
Total grants receivedfrom 1 funder$620

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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)$51K revenue · viewing · ⤓ 990 PDF
FY2024$87K revenue · ⤓ 990 PDF
FY2023$70K revenue · ⤓ 990 PDF
FY2022$77K revenue · ⤓ 990 PDF
FY2021$70K revenue · ⤓ 990 PDF
FY2020$37K 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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