Serenity Farm Equestrian Center
Nonprofit profile at a glance
- EIN
- 010683427
- IRS 990-EZ coverage
- 2012–2021
- Forms available
- Form 990-EZ 2021
- Location
- Northwood, OH, USA
- Phone
- 4193085108
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $8,725
- Expenses
- $178,975
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- LINDA BOMBRYS (PRESIDENT)
People named in this filing
- LINDA BOMBRYS (PRESIDENT)
- ABBY LAMARR (VICE PRESIDE)
- KATY PANNELL (SECRETARY)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's purpose is to provide equine assisted opportunities for healing, growth and learning.
What it reported doing in 2021
Lucky riders: therapeutic riding and activities serving clients with physical, cognitive, learning delays, speech/hearing, low self-esteem, vision impaired, autism, cerebral palsy, building confidence, anger management, attention deficit disorder, attention deficit hyperactivity disorder, oppositional defiant disorder to name a few. Equine assisted learning: well trained staff, with extensive qualifications in education and human development, outdoor recreation, and therapeutic services, provide direct learning experiences for kindergarteners to seniors from a variety of different social and economic backgrounds. Each of the experiences contains class specific activities, opportunities for self-assessment, team building, career exploration, positive peer-pressure, and much more. Team thunder: our team of miniature horses visit hospice centers, senior citizen locations, and public events bringing smiles and comfort to all they meet. They are specifically trained to enter buildings, elevators, and at bedsides. Our team of min horses have provided hours of motivation through therapy visits. Volunteer program: serenity farm volunteers train for their specific role at the non-profit. From board of trustees, fundraising and development, furthering horsemanship skills, and specific client-oriented skills, our volunteers commit to long-term service at serenity farm. They are vital to the success of the farm.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 2
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 80.5%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1,951.3%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 31.7%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 8.5% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 48th percentile among comparable filings
- Asset growth: -3.5% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 80.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $144K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2012 to 2021
- 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.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.