Reins Inc

Nonprofit profile at a glance

EIN
391850442
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Sheboygan Falls, WI, USA
Phone
9209468599
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rehabilitative Medical Services

Reported finances

Revenue
$462,262
Expenses
$296,921
Assets
$1,109,884
Liabilities
$483,830

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

Leadership & pay

6 people listed

Executive titles in this filing

  • DEANA HAMEL (PRESIDENT)

People named in this filing

  • PEGGY BRENNAN (BOARD OF DIRECTORS)
  • JIM THIMMIG (BOARD OF DIRECTORS)
  • BECKY CAGEN (BOARD OF DIRECTORS)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Reins mission is to provide personal growth, challenge and development through equine assisted activities and therapies to improve participants quality of life. Reins, inc is a non-profit Wisconsin corporation committed to improving the lives of those with special needs through individually structured classes using therapeutic interactions with horses. We are an equine assisted activities and therapy center accredited by the professional association of therapeutic horsemanship international (path intl). We offer both therapeutic riding and equine-assisted learning (eal) classes. Therapeutic riding is an exciting field in which horses are used as a tool for physical therapy, emotional growth and learning. Many riders experience a connection to the horse that few sports can create. Equine-assisted learning (eal) is an experiential learning approach that promotes the development of life skills for educational, professional and personal goals through equine-assisted activites.

What it reported doing in 2024

Medical and mental health therapy for the community through experiences with horses

Operating model

Revenue model
Donor-supported. 89% 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.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.2%; rating input score 56
  • Program expense ratio: 85.1%; rating input score 85
  • 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 35.8%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 3.74; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 10.5% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 11.3% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 30.9% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 56.2% of revenue deployed · 85.1% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $253K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.