Saddle Up
Nonprofit profile at a glance
- EIN
- 581930303
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Franklin, TN, USA
- Phone
- 6157941150
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Patient Services - Entertainment, Recreation
Reported finances
- Revenue
- $3,933,607
- Expenses
- $1,777,129
- Assets
- $13,494,863
- Liabilities
- $98,552
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- AUDREY KIDD (EXECUTIVE DIRECTOR)
- BRIAN HUBBARD (PRESIDENT)
Highest reported compensation
- AUDREY KIDD (EXECUTIVE DIRECTOR): $124,275 total reported compensation
- CHARLES M ARNOLD (DIRECTOR OF FINANCE AND ADMINISTRATION): $60,961 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule osaddle up! Started as a dream and launched as a one night a week program in daylight and good weather only for 10 students. Saddle up! Is now a year-round program that will serve nearly 180 children/youth this year. Saddle up! Is the oldest and largest program of its kind in the region, and the only one exclusively serving children and youth who have disabilities. We are a premier center accredited by path international, the organization that sets the standards for safety and quality in equine assisted programs.
What it reported doing in 2024
Saddle up!'s adaptive riding (ar) program is an equine-assisted service where participants work on their mounted and unmounted horsemanship skills. Our path international certified instructors adapt the lesson for the purpose of contributing positively to the cognitive, physical, emotional and social wellbeing of children with disabilities. Secondary benefits that have been observed by saddle up! Families include improvements in balance, endurance, coordination, communication, speech, attention, and much more. Our adaptive riding program serves children with disabilities from the age of 4 through their 19th birthday. Saddle up! Developed and uses rides as our system of assessment for the adaptive riding program. For more information, visit our rides informational page. The rides program allows our path international certified instructor to teach mounted and unmounted skills and to set and measure participant goals and objectives, from the fundamentals to cantering. Goals are based on the participant's abilities and include family input. At the end of each session, families are updated via an end of session report on how their child has worked to attain their goals.
Operating model
- Revenue model
- Donor-supported. 75% 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 fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 87
- Accountability: 95
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40.2%; rating input score 40
- Program expense ratio: 73.7%; rating input score 74
- Fundraising efficiency: $9.75 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 54.8%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 7.59; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 10.4%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 40.2% of revenue deployed · 73.7% of spending went to programs
- Governance: 20 of 20 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $1.3M in reported program spending
- Leadership: top reported pay $124K · 23 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Filing history: 11 filing years from 2014 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 29/100.