The Equus Effect Inc

Nonprofit profile at a glance

EIN
452632601
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Sharon, CT, USA
Phone
2038039507
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Reported finances

Revenue
$393,223
Expenses
$347,380
Assets
$978,350
Liabilities
$335,029

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

Leadership & pay

8 people listed

Executive titles in this filing

  • DR F TOWNE ALLEN (PRESIDENT)
  • SUSAN F FILAN (VICE PRESIDENT)
  • JANE STRONG (EXECUTIVE DIRECTOR/BOARD M)

Highest reported compensation

  • JANE STRONG (EXECUTIVE DIRECTOR/BOARD M): $31,665 total reported compensation

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

Overview

Mission

To help veterans and others in transition rebuild healthy relationships at home, work and school through meaningful engagement with horses.

What it reported doing in 2024

In june 2019, the veterans administration (va) was awarded a $200,000 research grant to study the impact of our four-session, 16-hour curriculum on a trans diagnostic sample of veterans where participants experience for themselves, what it takes to work with horses in a way that cultivates nervous system regulation as well as how to manage triggers that happen at work and at home. We build clients' capacity to handle life's challenges and to build healthy, authentic relationships among those with whom they live and work. To this end, researchers and clinicians at the va and yale university conducted this 12-week pilot project in fall 2022 through spring 2023. The design included a control sample as well as a trial sample of veterans who struggle with emotion regulation and social engagement. We are very pleased that the initial findings from this study are extremely positive and that our curriculum is viewed as a valuable complement to traditional approaches to mental health counseling. We hope that this study may lead us to become one of two evidence-based programs for veterans in the us. This year, we also trained six new facilitators to deliver our program in North Carolina, New York state and Texas. To date, we have served over 2900 people in uniform - veterans, first responders, healthcare workers, military families, people in recovery from substance abuse and mental health clinicians. The equus effect also serves mental health clinicians and people in recovery from substance abuse. We understand the additional burden and compassion fatigue experienced by mental health practitioners due to the end of the 20-year war in iraq and afghanistan as well as the continued fallout from the pandemic. We are pleased to announce that to date, we have served over 2,500 veterans, first responders, healthcare workers, military families, mental health clinicians and people in recovery from substance abuse. In 2023, we expanded our capacity to offer weekend retreats to veterans, first responders and plan to continue this into fy 2024 and beyond.in 2024, we included military and first responder spouses and family members in our programs as we understand the burdens borne by those who manage the home front while their significant others put themselves in harm's way. Those who serve our country and communities need the support of family members in order to function while away from home. In turn, family members say they have derived a great deal of support and practical tools from our curriculum that help them settle down and deal with the uncertainty of living with someone whose job is dangerous.we are grateful to work with these men, women and children as it provides us another opportunity to serve those who serve us. In addition, it expands the impact of our program to reach more and more people who want to build and maintain healthy, authentic relationships through our horses.

Operating model

Revenue model
Donor-supported. 81% 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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.9%; rating input score 64
  • Program expense ratio: 71.9%; rating input score 72
  • Fundraising efficiency: $7.35 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 11.7%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 2.82; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 9.1%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 10.8% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 22.7% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 63.9% of revenue deployed · 71.9% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $250K in reported program spending
  • Leadership: top reported pay $32K · 8 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 8 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.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.