Calypso Equestrian EIN 98-1420729 Form 990 (PDF) Claim this org

Calypso Equestrian FY2020 filing

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Rehabilitate and retrain horses, educating the community on responsible ownership. For fiscal year 2020 it reported $500K in revenue, $539K in expenses, and $482K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
San Francisco, CA
Website
www.calypsoequestrian.com
Filings
6 on file (2020–2020)
Revenue
$500KFY2020
Expenses
$539K
Net assets
$482K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  98-1420729 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Rehabilitate and retrain horses, educating the community on responsible ownership.
Leadership
Julia Darling · President
Money in and out
$500K revenue, $539K expenses
Bottom line
91% program efficiency
Where the money goes · FY2020
Total revenue
$500K
Pt VIII · Ln 12
Total expenses
$539K
Pt IX · Ln 25
Net assets
$482K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$39K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.06 Fundraising $0.03
Program efficiency
91%
of spending reaches programs
Operating runway
9.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$500K
FY2020
Expenses
$539K
FY2020
Total assets
$482K
FY2020
Total liabilities
$0
FY2020
Total revenue
$500K
Pt VIII · Ln 12
Total expenses
$539K
Pt IX · Ln 25
Net assets
$482K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$39K
Total assetsPt X · Ln 16$482K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

2 program services account for $491K of program spending, described in the organization's own filed words · FY2020.
01

Transitioning horses for a successful life ("calypso head start program")the calypso head start program is designed to give each horse we work with the very best chance for a successful secondary career.

$443Kprogram expense
02

Community Education and Outreach

Renamed as the calypso create more kindness" programthis program encompasses all of the work we do outside of caring and training for the second-chance horses directly in our care. This is the work we do to support and educate the community about compassionate responsible horse care and to enable positive changes for horse welfare in the…

$48Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCalypso Equestrian
EINHdr · item D98-1420729
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.calypsoequestrian.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D20)
Ruling yearIRS BMFOct 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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
Treasurer/CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$500K
Total revenueLn 12$500K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.06 Fundraising $0.03
Program services91%$491K
Management & general6%$32K
Fundraising3%$17K
Total functional expensesLn 25$539K

Balance Sheet

Part X · end of year
CashLn 1$444K
Total assetsLn 16$482K
Total liabilitiesLn 26$0
Total net assetsLn 32$482K
Months of cash on handcomputed9.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $444K · Operating expenses/yr $539K
9.9 months
Where the money goes
Program services
Program services $491K · Total expenses $539K
91%
Management & General
Management & general $32K · Total expenses $539K
6%
Fundraising
Fundraising $17K · Total expenses $539K
3%
Cost to raise $1
Fundraising expense $17K · Solicited contributions $500K
$0.03 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $500K · Total revenue $500K
100%
Government reliance
Government grants — · Total revenue $500K
Earned-income share
Program service revenue $0 · Total revenue $500K
0%
Investment reliance
Investment income $0 · Total revenue $500K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $539K
0%
Growth & trend
Revenue growth (YoY)
This year $500K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $482K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $500K · Expenses $539K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $482K
Net-asset ratio
Net assets $482K · Total assets $482K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $482K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Julia Darling · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $539K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $539K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 6%
Fundraising cost ratio 3%
Legal fee ratio 0.8%
Accounting fee ratio 3%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$500K
Grants paid · 1 grant · $50K · 2025–2025
West Palms Event Management INCFY2025$50,000

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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)$1.0M revenue · ⤓ 990 PDF
FY2024$400K revenue · ⤓ 990 PDF
FY2023$0 revenue · ⤓ 990 PDF
FY2022$500K revenue · ⤓ 990 PDF
FY2021$486K revenue · ⤓ 990 PDF
FY2020$500K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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