Horses Help Swi Inc
Nonprofit profile at a glance
- EIN
- 870935482
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022, Form 990-N 2021
- Location
- Council Bluffs, IA, USA
- Phone
- 7123394058
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $285,029
- Expenses
- $258,213
- Assets
- $42,550
- Liabilities
- $7,728
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- LINDA BORMAN (PRESIDENT)
- KORI NELSON (EXECUTIVE DIRECTOR)
Highest reported compensation
- KORI NELSON (EXECUTIVE DIRECTOR): $77,865 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide equine-assisted therapeutic services in a safe and inclusive environment for individuals with physical, cognitive, emotional, or social challenges.
What it reported doing in 2024
Equine-assisted therapeutic services
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 92
- Accountability: 45
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.8%; rating input score 44
- Program expense ratio: 48.3%; rating input score 48
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 33.3%; rating input score 33; 15th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 9.4%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 30.2%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 28.9% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 39.7% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 84.6% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 43.8% of revenue deployed · 48.3% of spending went to programs
- Governance: 1 of 3 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $125K in reported program spending
- Leadership: top reported pay $78K · 4 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Moderate — Accountability: Independent voting board scored 33/100.
- Moderate — Financial Efficiency: Program expense ratio scored 48/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.