Bonita Equestrian Therapy for the Handicapped
Nonprofit profile at a glance
- EIN
- 330103084
- IRS 990 coverage
- 2010–2019
- Forms available
- Form 990 2019, Form 990-EZ 2012
- Location
- Bonita, CA, USA
- Phone
- 6194759056
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Rehabilitative Medical Services
Reported finances
- Revenue
- $26,365
- Expenses
- $26,223
- Assets
- $2,900
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DAVID JACKSON (President)
People named in this filing
- DAVID JACKSON (President)
- LORETTA GATES (Treasurer)
- LAURIE LAMB (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Winners Circle provides our community with safe, knowledgeable, effective, affordable and professional adaptive riding therapy programs for individuals of all ages with physician diagnosed challenges; physical, mental, emotional and/or behavioral.Our services will be provided in a safe and compassionate environment in collaboration with the doctors, parents, and principal caregivers of our students.Recognizing that each riders needs, interests and skill set are unique, our professionally trained riding instructors will design individualized curriculums to achieve the greatest results possible.Community based, we honor and respect the opinions, time and effort of each volunteer, staff member and volunteer board member. Our strength is our diversity, working together to service our community.
What it reported doing in 2019
To provide therapy in developing physical coordination to individuals with physical and/or developmental handicaps by utilizing horses, accredited instructors and volunteers.
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 73
- Sustainability: 45
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.3%; rating input score 99
- Program expense ratio: 99.9%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 22nd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.5%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: -15.5% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: -16.2% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: -18.9% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 99.3% of revenue deployed · 99.9% of spending went to programs
- Governance: 3 of 4 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $26K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 9 filing years from 2010 to 2019
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
- High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.