philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Stable Grounds INC FY2022 filing

Tax-deductible

Middlebury, IN501(c)(3)Mental Health EIN 83-3855858Revenue $367K in FY2022

On file with the IRS56644 Northridge Dr, 46540-9119 · Middlebury, INTax-exempt since Aug 2019Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Providing our children hope for the future with healthy hearts and minds.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
6 of 6
filings with a surplus
Average surplus $184K a year · 74% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
64 mo
of spending, in cash
Looks good: 63.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$367K
+216% vs prior year
Spent
$46K
To programs
97%
Net assets
$829K
By yearFY2020–FY2025
Revenue
$367K
FY2022▲ +216%
Tap a bar for its year
Revenue by fiscal year
FY2020$397K
FY2021$116K
FY2022$367K
FY2023$97K
FY2024$227K
FY2025$293K
Expenses
$46K
FY2022▲ ×28
Tap a bar for its year
Expenses by fiscal year
FY2020$4K
FY2021$2K
FY2022$46K
FY2023$58K
FY2024$104K
FY2025$182K
Net assets
$829K
FY2022▲ +63%
Tap a bar for its year
Net assets by fiscal year
FY2020$393K
FY2021$508K
FY2022$829K
FY2023$867K
FY2024$990K
FY2025$1.1M

From the FY2022 Form 990 (year ending June 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $45K Management & general 1% · $438 Fundraising 2% · $739

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Joanna King
Director
$0Pt VII · Sec A
Lara Palmer
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Joel Miller
Director
$0Pt VII · Sec A
Jay Shetler
Director
$0Pt VII · Sec A
Yvonne Buller
Secretary
$0Pt VII · Sec A
Jane Allen
President
$0Pt VII · Sec A
Kori Cripe
Vice President
$0Pt VII · Sec A
See Stable Grounds INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Nourishing children's hearts and minds to give them hope for a brighter future.

Questions for Stable Grounds INC

Tap to ask. Stable Grounds INC sees how many people are interested.

Your first name shows with your question. Stable Grounds INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $45K · in their own filed words · FY2021
01

The organization is in its third year of existence. This third year was largely comprised of receiving donations for the facility and organizational needs, management and oversight of the completion of the facility in the summer of 2021 and planning and providing the facility, animals, and related expenses for equine therapy services to…

$45Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Community Foundation of Elkhart County INCFY2024$11K
Total grants receivedfrom 1 funder$11K

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$367K
Ln 12
Gifts and grantsLn 1h$367K
Investment incomeLn 3$438
Money outPt IX
$46K
Ln 25
Programscol B$45K
Managementcol C$438
Fundraisingcol D$739
Owns and owesPt X
$829K
net assets · Ln 32
Cash and savingsLn 1–2$244K
Total assetsLn 16$829K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$367K
Noncash giftsLn 1g$5K
Fundraising eventsLn 1c$1K
Investment incomeLn 3$438
Gains on assetsLn 7$301
Total revenueLn 12$367K
Assets in detailPt X, end of year
CashLn 1$175
SavingsLn 2$244K
Cash and savings togetherLn 1–2$244K
Land, buildings, equipmentLn 10c$584K
Other assetsLn 15$625
Total assetsLn 16$829K
LiabilitiesLn 26$0
Net assetsLn 32$829K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$221K$244K
Land, buildings, equipmentLn 10c$286K$584K
Total assetsLn 16$508K$829K
LiabilitiesLn 26$0$0
Net assetsLn 32$508K$829K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$3K$2K$739
Depreciation, depletion and amortizationLn 22$14K$14K
Other expenses (24a–d)Ln 24$24K$24K
All other expensesLn 24e$5K$5K$438
Total functional expensesLn 25$46K$45K$438$739

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $293K$182K$111K$1.1M 990 PDF
FY2024 $227K$104K$123K$990K 990 PDF
FY2023 $97K$58K$38K$867K 990 PDF
FY2022 Viewing $367K$46K$321K$829K 990 PDF
FY2021 $116K$2K$115K$508K 990 PDF
FY2020 $397K$4K$393K$393K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $367,063 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $115,800$366,625
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $524$438
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $116,324$367,063
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,670$46,110
I-18 Total expensesPrior year $1,670$46,110
I-19 Revenue less expensesPrior year $114,654$320,953
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $367,063 across 8 lines filed
VIII-1c Fundraising events$1,284
VIII-1f All other contributions, gifts and grants$365,341
VIII-1g Noncash contributions (included above)$5,292
VIII-1h Total contributions, gifts and grants$366,625
VIII-3 Investment incomeExcluded from tax $137$137
VIII-7 Net gain or loss on sales of assetsExcluded from tax $301$301
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $438$367,063
Part IX · Statement of functional expenses $46,110 across 4 lines filed
IX-12 Advertising and promotionPrograms $2,334 · Fundraising $739$3,073
IX-22 Depreciation, depletion and amortizationPrograms $13,682$13,682
IX-24 Other expenses (24a–d)Programs $24,262$24,262
IX-24e All other expensesPrograms $4,655 · Management $438$5,093
IX-25 Total functional expensesPrograms $44,933 · Management $438 · Fundraising $739$46,110
Part X · Balance sheet $828,786 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $150$175
X-2 Savings and temporary cash investmentsStart of year $220,567$243,853
X-10c Land, buildings and equipment, netStart of year $286,491$584,133
X-15 Other assetsStart of year $625$625
X-16 Total assetsStart of year $507,833$828,786
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $505,333$638,172
X-28 Net assets with donor restrictionsStart of year $2,500$190,614
X-32 Total net assets or fund balancesStart of year $507,833$828,786
X-33 Total liabilities and net assetsStart of year $507,833$828,786
Part XI · Reconciliation of net assets $828,786 net assets at year end
XI-1 Total revenue$367,063
XI-2 Total expenses$46,110
XI-3 Revenue less expenses$320,953
XI-4 Net assets at start of year$507,833
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$828,786

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.