Pegasus Therapeutic Riding Center of Coachella Valley

What it reported doing in 2024

Pegasus Therapeutic Riding is a place where children and adults of all ages and with all types of disabilities can come for a full range of motion exercise on horseback, equine assisted therapy. The walking motion of the horse's body, against human legs, massages all the muscles used in the human walk, and is an inspiring and exciting experience for those whose life is spent in a wheelchair or with disabilities. Each rider is gently eased into a program of physical exercise geared to their needs. Immobility causes good muscles to atrophy which leads to further problems for a disabled person. At Pegasus, we try to strengthen the muscles and joints with these exercises along with the effort required in mounting, dismounting and riding a horse. Our program offers psychological and emotional benefits such as learning to concentrate, the discipline of following directions and a sense of accomplishment at being able to steer a large animal. Most autistics have difficulty bonding with people, a short attention span and most do not communicate. At Pegasus autistics are able to bond with an animal and volunteers, developing trust and confidence. In the riding arena many of them are suddenly attentive and some have found ways to communicate. Riders feel a sense of accomplishment by achieving certain goals. The interaction with the volunteers and the horse also help the riders socializing skills. At Pegasus we look to the ABILITY of a person rather than the DISABILITY. At Pegasus, we believe everyone is worthy and we know that MIRACLES DO HAPPEN, we see them every time we take a person out of a wheelchair and put them on a horse. About Our Clients: Riders/Clients come from the Coachella Valleys Unified School Districts special needs classes. Pegasus pays to bus these riders to and from our facility during the week. Other riders/clients are referred from Angel View Crippled Children's Foundation, Desert Arc, Autism Association, and ACT for MS. We also have classes for preschool and home school children, and we get referrals from Loma Linda and private practice doctors.

Financial Efficiency

• Mission deployment rate: 73.9%; rating input score 74
• Program expense ratio: 55.1%; rating input score 55
• Fundraising efficiency: $6.5 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 26th 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: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -49.9%; rating input score 5; 5th percentile among comparable filings
• Total-asset coverage ratio: 1.25; rating input score 47; 47th percentile among comparable filings
• Liabilities to assets ratio: 0.28; rating input score 16; 16th percentile among comparable filings
• Officer compensation ratio: 20.2%; rating input score 19; 19th percentile among comparable filings

Growth

• Program expense growth: 0.7% per year; rating input score 100; 33rd percentile among comparable filings
• Revenue growth: -0.4% per year; rating input score 0; 22nd percentile among comparable filings
• Asset growth: 1.2% per year; rating input score 100; 29th percentile among comparable filings