Freedom Reins Therapeutic Riding Center
Nonprofit profile at a glance
- EIN
- 880718735
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2023
- Location
- Keene, NH, USA
- Phone
- 6038032936
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Other Services - Specialty Animals
Reported finances
- Revenue
- $73,911
- Expenses
- $83,242
- Assets
- $28,437
- Liabilities
- $1,257
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DENISE LAROCHE (EXECUTIVE DIRECTOR)
- MAKENZIE CURTIS (VICE PRESIDENT)
People named in this filing
- DENISE LAROCHE (EXECUTIVE DIRECTOR)
- PETER POWERS (PRESIENT)
- MAKENZIE CURTIS (VICE PRESIDENT)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Freedom reins' mission is to provide an inclusive and welcoming environment for equine-assisted activities and therapies to empower individuals with a vast range of needs. The program is dedicated to using the power of horses, teams, and communities to improve the lives of all ages, means, and challenges through the experience and extraordinary benefits of therapeutic riding and activities. These challenges include behavioral, social, emotional, cognitive, and physical challenges.
What it reported doing in 2025
Therapeutic riding lessons
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
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 8
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.1%; rating input score 8
- Program expense ratio: 7.2%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -12.6%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -30.3% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -36.5% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 8.1% of revenue deployed · 7.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 8/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.