Horseback Miracles Inc

Nonprofit profile at a glance

EIN
846035941
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Littleton, CO, USA
Phone
3036813115
Rating
45
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$129,247
Expenses
$158,591
Assets
$222,864
Liabilities
$436,005

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • Terry Draper (CEO / ED)

People named in this filing

  • Terry Draper (CEO / ED)

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

Horseback Miracles' mission, guided by its Equine-Assisted Sensory-Based Therapy Program, is to reduce the impact that mental illnesses and neurological disorders have on our youth, their families, their school environments/programs, and ultimately to create a more rational thought process for our participants to use in making their life choices and decisions.

What it reported doing in 2024

All participants of the individualized sessions demonstrated significant improvement with all three objectives. The evaluation analysis revealed that both youth self-report and therapist assessment of youths' behaviors indicate that adolescents engage in more positive social and emotional behavior after completing the Horseback Miracles program. A significant difference between both youth and therapists pre and post totals, as well as the majority of sub-scale scores, provides preliminary evidence that the HBM therapy program may influenced the expression of positive social skills in high risk adolescent.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
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 has grown recently. 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: 32
  • Growth: 60

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: -22.7%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 1.41; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 1.96; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -3.5% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 21.4% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2010 to 2024
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.