Special Methods in Learning Equine Skills Inc

Nonprofit profile at a glance

EIN
391508173
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Darien, WI, USA
Phone
2628823470
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Equestrian

Reported finances

Revenue
$940,477
Expenses
$622,186
Assets
$1,475,967
Liabilities
$27,759

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

Leadership & pay

14 people listed

Executive titles in this filing

  • MARK HANSON (PRESIDENT)
  • JUDY ATKINSON (VICE-PRESIDENT (THRU MID-DEC))
  • HAMZA JAKA (VICE-PRESIDENT (FROM MID-DEC))
  • TROY MOLDENHAUER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TROY MOLDENHAUER (EXECUTIVE DIRECTOR): $65,759 total reported compensation

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

Overview

Mission

Special methods in learning equine skills, inc. (smiles) transcends traditional therapeutic methods by offering individuals with special needs, of all ages, the joy of participating in an equine assisted program which provides social, emotional, physical, and personal rewards.

What it reported doing in 2024

Education and advocacy - provides education and therapy for children and adults with disabilities.therapeutic riding teaches horsemanship skills while using therapeutic activities that offer challenging recreation geared towards the individual's physical, emotional, social and educational benefits in mind. In our therapeutic riding program, participants learn true horsemanship skills as well as foundations for life's endeavors. The path international certified instructors develop challenging lesson plans that incorporate specific riding skills to meet the unique needs of each individual, and at the same time foster success. Smiles runs in four 9 week sessions throughout the year, where clients typically come once a week for a 45 minute riding lesson based in a small group setting.hearts (horse experiences & activities resulting in therapeutic success) is an unmounted program designed on an individual basis to accommodate each student's specific needs and goals. Clients learn how to safely work with the horses in a one-on-one setting where they will cover topics such as horse care, grooming, leading, saddling, and so much more! This program is tailored to each individual and their abilities to ensure success.clients typically come once a week for a 30 minute lesson for the duration of a 9 week session, working one-on-one with a path international certified instructor. This is a great option for clients that want to learn more about their horse outside of riding, or for clients that are unable to physically ride but still want to receive the therapeutic benefits of working with the horses.recreational rides smiles offers unique field trip-type experiences for schools and group homes called recreational rides. The planning of the day's activities will be tailored per your requests. We can accommodate up to 18 clients per visit, dividing them into three stations. While one group is learning to ride the horses for one half hour, the remaining two groups are participating in a specialized station consisting of farm and horse related activities such as grooming, leading, horse nutrition, or baking horse cookies, etc. The list goes on and on since our 35 acre facility provides many unique opportunities. At the end of each half hour, the groups rotate activity stations so that all the students enjoy the same rewarding experience. All of these activities address sensory levels, physical exercise, endurance, nurturing, and just plain fun! Our climate controlled arena allows us to offer this program in any weather.

Operating model

Revenue model
Donor-supported. 73% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 54
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.1%; rating input score 48
  • Program expense ratio: 71.1%; rating input score 71
  • Fundraising efficiency: $9.89 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

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

Sustainability

  • Operating margin: 33.8%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 2.37; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 10.6%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 48.1% of revenue deployed · 71.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $442K in reported program spending
  • Leadership: top reported pay $66K · 14 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 48/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.