Saddle of Love Inc

Nonprofit profile at a glance

EIN
850789767
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023, Form 990-N 2020
Location
Park City, UT, USA
Phone
3103516158
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$167,526
Expenses
$165,018
Assets
$13,454
Liabilities
$2,141

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • SEASON CAIN (PRESIDENT)

People named in this filing

  • JIM KREJCI (DIRECTOR)
  • JENIFER CASSATLY (DIRECTOR)
  • JEFF CAIN (TREASURER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of saddle of love is to instill trust, self-love and life coping skills in youth and young adults. This will be accomplished through equine assisted psychotherapy. The primary activities are centered upon this mission and include: 1. Learning to ride and bond with horses, 2. Learning life skills and 3. Volunteering service. Program participants will develop positive mental health through the use of various proven evidenced-based therapies.

What it reported doing in 2023

Equine assisted psychotherapy. The primary activities are centered upon our mission and includes 1. Learning to ride and bond with horses, 2. Learning life skills and 3. Volunteering service. Program participants will develop positive mental health through the use of various proven evidenced-based therapies

Operating model

Revenue model
Earned-program. 60% of the money available for current operations came from fees and other program revenue.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.4%; rating input score 96
  • Program expense ratio: 97.9%; rating input score 98

Transparency & Controls

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

Sustainability

  • Operating margin: 1.5%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 45.5%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 37.8% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 96.4% of revenue deployed · 97.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $162K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.