Palomino Equestrian Therapy Services

Nonprofit profile at a glance

EIN
371559994
IRS 990-EZ coverage
2014–2020
Forms available
Form 990-EZ 2020
Location
Whittier, CA, USA
Phone
5626965070
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Rehabilitative Medical Services

Official website

Reported finances

Revenue
$19,000
Expenses
$16,359
Assets
$2,641

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JASON ROSANO (Vice President)

People named in this filing

  • RODNEY MOJARRO (Chairman)
  • MARTHA BONILLA (Secretary)
  • TONANTZIN DEAZTLAN (CFO)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The aim of the organization is to provide equestrian therapy services which are both person centered and inclusive to the disabled and non-disabled commnity.

What it reported doing in 2020

Form 990-ez, part iii, line 28, program service accomplishments: the organization's primary focus is to service adults with developmental disabilities through equine therapy servcies. Palomino is able to achieve this by prviding direct equine interaction between the client, their staff and the trainer. The program is offered on a per need as needed basis year round. Studies have found that working with these animals improve mental health by allowing for stress and their overall mood to be at a healthy state. Amongst other benefits, by working with equine animals, clients may improve their social and motor skills as well.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.1%; rating input score 86
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 13.9%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -5.2% per year; rating input score 0; 47th percentile among comparable filings
  • Revenue growth: -3.8% per year; rating input score 0; 51st percentile among comparable filings
  • Asset growth: 2.8% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 86.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2014 to 2020
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.