Equinimity505 FY2022 filing

Santa Fe, NMUnknown exempt organizationEIN 85-1083201Revenue $241K in FY2022

On file with the IRSeq505.org10a Heartstone Drive · Santa Fe, NM

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Equinimity505 Exempt purpose is to educate the community about horses and provide facilities to care for and rehabilitate injured, sick, abandoned or surrendered horses by providing a safe facility to ensure that horses that are injured or abandoned receive adequate support and care.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $9K a year · 5% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $138K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$241K
+51% vs prior year
Spent
$226K
To programs
100%
Net assets
$23K
By yearFY2020–FY2024
Revenue
$241K
FY2022▲ +51%
Tap a bar for its year
Revenue by fiscal year
FY2020$91K
FY2021$160K
FY2022$241K
FY2023$133K
FY2024$107K
Expenses
$226K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$226K
FY2023Not on file
FY2024$105K
Net assets
$23K
FY2022▲ +195%
Tap a bar for its year
Net assets by fiscal year
FY2020$5K
FY2021$8K
FY2022$23K
FY2023$1K
FY2024$0

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $226K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Director Pres/T
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
VP & Secretary
$0Pt VII · Sec A
See Equinimity505 executive salaries →

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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

Rescues, rehabilitates, and cares for horses needing support and a safe haven.

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Provided by the organization

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1 program · $226K · in their own filed words · FY2022
01

Equinimity505 adopts injured and/or abandoned rescue horses and is in the ongoing process of rehabilitating, caring for and training these horses. In 2022 the organization rescued one additional horse and placed one horse.

$226Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$138K
Grants paid · 1 grant · $12K · 2024–2024
Pas De Cheval Horse RescueNM · FY2024$12,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$241K
Ln 12
Gifts and grantsLn 1h$241K
Money outPt IX
$226K
Ln 25
Programscol B$226K
Owns and owesPt X
$23K
net assets · Ln 32
Cash and savingsLn 1–2$26K
Total assetsLn 16$26K
LiabilitiesLn 26$3K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$241K
Gains on assetsLn 7$0
Total revenueLn 12$241K
Assets in detailPt X, end of year
CashLn 1$26K
SavingsLn 2$0
Cash and savings togetherLn 1–2$26K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$26K
LiabilitiesLn 26$3K
Net assetsLn 32$23K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
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$11K$26K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$11K$26K
LiabilitiesLn 26$3K$3K
Net assetsLn 32$8K$23K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$49K$49K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$15K$15K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$139K$139K
All other expensesLn 24e$23K$23K
Total functional expensesLn 25$226K$226K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $107K$105K$2K$0 990 PDF
FY2023 $133K$1K 990 PDF
FY2022 Viewing $241K$226K$15K$23K 990 PDF
FY2021 $160K$8K 990 PDF
FY2020 $91K$5K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $241,400 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $155,796$241,400
I-9 Program service revenuePrior year $3,720$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $159,516$241,400
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $43,520$48,880
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $113,338$177,462
I-18 Total expensesPrior year $156,858$226,342
I-19 Revenue less expensesPrior year $2,658$15,058
Part VI · Governance 3 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $241,400 across 8 lines filed
VIII-1f All other contributions, gifts and grants$241,400
VIII-1h Total contributions, gifts and grants$241,400
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$241,400
Part IX · Statement of functional expenses $226,342 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $48,880$48,880
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $15,186$15,186
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $139,328$139,328
IX-24e All other expensesPrograms $22,948$22,948
IX-25 Total functional expensesPrograms $226,342 · Management $0 · Fundraising $0$226,342
Part X · Balance sheet $25,527 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $10,737$25,527
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $10,737$25,527
X-25 Other liabilitiesStart of year $3,012$2,744
X-26 Total liabilitiesStart of year $3,012$2,744
X-27 Net assets without donor restrictionsStart of year $7,725$22,783
X-32 Total net assets or fund balancesStart of year $7,725$22,783
X-33 Total liabilities and net assetsStart of year $10,737$25,527
Part XI · Reconciliation of net assets $22,783 net assets at year end
XI-1 Total revenue$241,400
XI-2 Total expenses$226,342
XI-3 Revenue less expenses$15,058
XI-4 Net assets at start of year$7,725
XI-10 Net assets at end of year$22,783

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

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