Hoofbeats in the City F/k/a Friends of Lakewood Equestrian Center
Nonprofit profile at a glance
- EIN
- 993743905
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Long Beach, CA, USA
- Phone
- 5624981612
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $72,945
- Expenses
- $615
- Assets
- $72,945
- Liabilities
- $615
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Jennifer Meeker (President)
People named in this filing
- Jennifer Meeker (President)
- Russell Triplett (Treasurer)
- Debra Mills (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charitable
What it reported doing in 2024
Prepare and submissions of response to Request for Proposals to Operate the Lakewood Equestrian Center: The City of Lakewood threatened to close down the Lakewood Equestrian Center, a nearly 80 years public equestrian facility that provides riding opportunities/instruction and horse boarding in an urban area for over 100 horses. The City sought a new operator for the facility. The nonprofit studied the facility and opportunity and prepared a comprehensive over 100 page proposal for the operation of the facility as a public horse boarding and community facility teaching and providing opportunities for the community to learn riding, horsemanship, horse case, and urban agriculture at low or no cost, with a focus on youth education about horses and urban agricuture.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
- Transparency & Controls: 100
- Sustainability: 86
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
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: 99.2%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 118.61; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.