Taking the Reins

Los Angeles, CA · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible Latest data FY2024
Revenue
$1.1M
▲ +31% vs prior year
Spent
$851K
To programs
78%
Net assets
$3.2M

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
20 funders, incl. Fidelity Investments Charitable Gift Fund
$589K in the latest grant year.
Spent on programs?
78% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↑ +31% vs prior year
Legal name (IRS)Hdr · item CTaking the Reins
EINHdr · item D95-4688657
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 1998
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CLos Angeles, CA
NTEE classificationIRS BMFHuman Services (P30)
WebsiteHdr · item Jwww.takingthereins.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.17 Fundraising $0.05
Program services78%$662K
Management & general17%$144K
Fundraising5%$45K
Total functional expensesLn 25$851K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +31%
Expenses
$851K
FY2024▲ +8%
Program efficiency
78%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
19.7mo
months of highly liquid reserves at operating expense rate▲ +1% vs prior filing year
Surplus margin
+20%
revenue over expenses, this year▲ +487% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$3.4M
FY2024▲ +7%
Total liabilities
$221K
FY2024▲ +6%
Revenue less expensesPt I · Ln 19$213K
Total assetsPt X · Ln 16$3.4M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$642K
Total assetsLn 16$3.4M
Total liabilitiesLn 26$221K
Total net assetsLn 32$3.2M
Months of cash on handcomputed9.0

Statement of Revenue

Part VIII
Contributions & grants$944K · 89%
Investment income$39K · 4%
Other revenue$46K · 4%
Program service revenue$35K · 3%
Contributions & grants89%$944K
Investment income4%$39K
Other revenue4%$46K
Program service revenue3%$35K
— government grantsLn 1e$56K
Total revenueLn 12$1.1M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $851K
19.7 months
Where the money goes
Program services
Program services $662K · Total expenses $851K
78%
Management & General
Management & general $144K · Total expenses $851K
17%
Fundraising
Fundraising $45K · Total expenses $851K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $38K · Solicited contributions (3-yr avg) $947K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $944K · Total revenue $1.1M
89%
Government reliance
Government grants $56K · Total revenue $1.1M
5%
Earned-income share
Program service revenue $35K · Total revenue $1.1M
3%
Investment reliance
Investment income $39K · Total revenue $1.1M
+4%
Program self-sufficiency
Program service revenue $35K · Total expenses $851K
4%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $813K
+31%
Revenue CAGR
FY2020 $728K · FY2024 $1.1M
+10%
Net-asset trend (YoY)
End of year $3.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $851K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $3.4M
—
Net-asset ratio
Net assets $3.2M · Total assets $3.4M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $754K · Total assets (Pt X, ln 16) $3.4M
22%
People & payroll
Highest Reported Total Compensation
Individual Martha J Haven · Reported title Executive Dir. · Highest reported compensation $100K · Total expenses $851K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $354K · Total expenses $851K
42%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%——
Overhead ratio 17%——
Fundraising cost ratio 5%——
Revenue growth 31%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 2%——
Fundraising fee ratio 0%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$100,000Pt 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
$0Pt VII · Sec A
$0Pt VII · Sec A

Martha J Haven’s $100K as Executive Dir. is at the 35th percentile of top reported officer pay among 3869 $1–10M human services 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Martha J Haven$100,000—$95,679$87,000—
Martha J Haven—$100,000———
Martin J Haven————$84,886

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.

See Taking the Reins executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Inspires at-risk girls to build courage and confidence through interactions with horses and nature.

Provided by the organization

This section is blank until Taking the Reins claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $572K of program spending, described in the organization's own filed words · FY2024.
01

Equestrian/Equine Program

Served 275 girls, ages 11-17STUDENTS participated in riding lessons during weekdays and weekends, learning proper hand, seat, leg, and voice commands. Along the way, they also built teamwork skillsdeveloping compassion and confidence as leaders while working with horses.

$393Kprogram expense
02

Urban Farm Seed-To-Skillet Garden Program

Served 100 girls, ages 11-17GIRLS learned about gardening, stewardship of the land, healthy cooking in TTRS kitchen, and engaged in steam-based projects. Students cooked healthy meals and learned about healthy eating and food preparation.

$121Kprogram expense
03

Youth Educational Services Program (yes)

Served 21 high school girlsqualified TTR high school students who have been with TTR programs for a minimum of two consecutive years participate in college-prep activities, college tours, and life-skills workshops and have access to scholarships and college tuitionprovided 12, 2-HOUR college-prep and life skills workshops to qualified…

$58Kprogram expense

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Funders

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 20 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $1.1M$851K+31% 990 PDF
FY2023 $813K$785K-51% 990 PDF
FY2022 $1.7M$667K+71% 990 PDF
FY2021 $970K$562K+33% 990 PDF
FY2020 $728K$532K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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