Dreamcatchers Equine Rescue Inc
Nonprofit profile at a glance
- EIN
- 261475922
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Fountain, CO, USA
- Phone
- 7192327365
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $188,045
- Expenses
- $245,787
- Assets
- $88,637
- Liabilities
- $316,784
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Julie Dee DeMuesy (President)
- Tawnia Weber (Vice President)
People named in this filing
- Julie Dee DeMuesy (President)
- Cheryl Galloway (Board Member)
- Julie Chick (Secretary/Treasurer)
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
To rescue horses, rehabilitate them and when possible find them new homes thru our adoption program. To educate the public on the plight of the American horse. To help returning soldiers re-integrate into their day to day lives by providing a calm environment where they can interact with horses.
What it reported doing in 2024
We successfully rescued 12 horses in the year 202 from a variety of situations. We worked diligently to provide additional training and rehab to these as well as our existing herd and managed to place 15 horses into new permanent homes. We continued to provide sanctuary to the horses rescued that were unsuitable for adoption due to physical or behavioral issues. We hosted several groups interested in learning about horses and provided a safe wholesome environment for our military families and others in our community to interact with horses.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 100
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.8%; rating input score 67
- Program expense ratio: 51.1%; rating input score 51
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: -30.7%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 3.57; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.5% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 18.7% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 66.8% of revenue deployed · 51.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $126K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2010 to 2024
- 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.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Sustainability: Operating margin scored 4/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.