Lovesome Stables Inc

Nonprofit profile at a glance

EIN
261783414
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025
Location
Dry Ridge, KY, USA
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$109,036
Expenses
$118,152
Assets
$99,019

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Mark Lehman (President)
  • Jody Keeley (Executive Director)

People named in this filing

  • Mark Lehman (President)
  • Karen Dengler (Member)
  • Michele Martin (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to provide a therapeutic equestrian environment where individuals with life challenges disabilities can develop critical life skills self-respect and reach their highest potential.

What it reported doing in 2025

Therapeutic horseback ring for students ages 4-98 with disabilities. Average 16 hours per week 4 days per week with 85 students.Over 160 volunteer hours per week.Students learn riding skills and horse care.Students gain better balance walking are calmer and have better focus and self-esteem.

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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.9%; rating input score 74
  • Program expense ratio: 68.2%; rating input score 68

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8.4%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 21.6%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 13.4% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 73.9% of revenue deployed · 68.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $81K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2013 to 2025
  • 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.

  • High — Sustainability: Operating margin scored 15/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.