Stepping Stones Riding Program
Nonprofit profile at a glance
- EIN
- 454069867
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2013
- Location
- Thousand Oaks, CA, USA
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $156,246
- Expenses
- $159,658
- Assets
- $37,970
- Liabilities
- $975
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Nancy Estrada (President)
People named in this filing
- Meaghan Shaffer (Trainer)
- Nancy Estrada (President)
- Brydie Dyet (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Stepping Stones Riding Program is pair rescued boarded or donated horses with people of Ventura County and the surrounding communities to enrich the lives of both. Stepping Stones Riding Program provides low cost riding lessons to members of the community. To keep costs low the program uses volunteers to manage all horses and property.
What it reported doing in 2024
Stepping Stones Riding Program provides low cost riding lessons to over 60 students on rescued boarded and donated horses. The lessons include horse care grooming and tacking horses as well as riding. The program utilizes volunteers to feed and manage all horses and the property. All lessons are at reduced prices to make horse riding available to all members of the community. Also provided are training transportation and support for local horse show activities.
Operating model
- Revenue model
- Earned-program. 90% 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: 99
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2.2%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 23.3%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $156K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- 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 27/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.