Terra Equine Therapy Center

Nonprofit profile at a glance

EIN
920536782
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Center Conway, NH, USA
Phone
6034876745
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$170,738
Expenses
$174,999
Assets
$4,315

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Bethany Darling (Executive Director/ President)
  • Dale Drew (Vice President)

People named in this filing

  • Donald Olsen (Clinical Director)
  • Bethany Darling (Executive Director/ President)
  • Olivia Caron (Equine Manager/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 primary exempt purpose of TERRA Equine Therapy Center is to provide high-quality equine-assisted services to the people of our community through the pillars of our mission: Therapy, Education, Rescue, Research and Advocacy.

What it reported doing in 2024

YOUTH HORSEMANSHIP AND LIFE SKILLS PROGRAM: After-School and Summer program started in Sep 2023 and discontinued in Nov 2024 due to client request for alternative services. Provided horsemanship, life skills, resiliency, and team building education for youth aged 8-18 five days per week, 2 hours/day after school or 3 hours/day during the summer, 46 weeks of the year. Served an average of 8 students per week for total of 851 direct client-hours in 2024.

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 99% 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: 91
  • Transparency & Controls: 100
  • Sustainability: 16
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92%; rating input score 92
  • Program expense ratio: 89.8%; rating input score 90

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: -2.5%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 23.9%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 68.4% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 57.1% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: -66.1% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 92% of revenue deployed · 89.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $157K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 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 5/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.