Cornerstone Therapeutic Riding Center
Nonprofit profile at a glance
- EIN
- 571147584
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Caldwell, ID, USA
- Phone
- 7605252639
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Sports Associations &Training Facilities
Reported finances
- Revenue
- $53,635
- Expenses
- $74,099
- Assets
- $20,630
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Jennifer Fabrick (President)
People named in this filing
- Judy Beckett (Director)
- Jennifer Fabrick (President)
- Julie Brown (Sec/Trea)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cornerstone Therapeutic riding center is dedicated to enriching the lives of individuals living with disabilities.Cornerstone was founded on the guiding principle of services to others, commitment to its community, education, and making a positive impact in the disabled community. The organization is a member of the North American Riding for the Handicapped Association (NARHA) and is dedicated to following the standards set forth by NARHA to ensure safety, quality, and success for its clients. The organization actively participates in on-going education to maximize the quality of the lessons it provides and the overall experience for each student. The organization also offers a safe, life-charging haven where students can thrive.
What it reported doing in 2024
Cornerstone provides equine assisted therapeutic riding to children, youth and adults with physical, cognitive and emotional disabilities.Also Operation Saddle Up is a program dedicated to the healing of body, mind and spirit of United States Military Service Members returning from Iraq and Afghanistan who have lost limbs, traumatic brain injuries, Post Traumatic Stress Disorder (PTSD) and are recovering from these and other war related injuries and illnesses. Cornerstone's unique and beautiful facility is like no other in San Diego County.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.1%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -38.2%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: -4.5% per year; rating input score 0; 36th percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 37th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $72K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Sustainability: Operating margin scored 16/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.