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Prancing Horse Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561479794 ✦ Southern pines, NC ✦ Designated as a 501(c)(3)

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Overview

What is Prancing Horse Inc?

Prancing Horse Inc is a compassionate nonprofit organization situated in Southern Pines, North Carolina. With a dedicated team of 11 individuals, their mission is to improve the lives of children and adults with various cognitive, emotional, and physical challenges. They achieve this goal by offering a secure setting for therapeutic equestrian activities. Their purpose is to create an environment that fosters healing and growth through the unique bond between humans and horses.


Official website here: www.prancing-horse.org

Is Prancing Horse Inc legitimate?

Prancing Horse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prancing Horse Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,165

For more financial information, click here


Official website here: www.prancing-horse.org

What is the mission statement of Prancing Horse Inc?

Prancing Horse Inc, as a mission, aims to improve the lives of children and adults with various cognitive, emotional, and physical challenges. By offering a secure environment, they provide therapeutic horsemanship as a means to achieve this goal. This approach helps individuals in need to lead more enriched lives. The organization is committed to offering a supportive setting where these individuals can benefit from the therapeutic qualities of horses.


Official website here: www.prancing-horse.org

What is the revenue of Prancing Horse Inc?

Prancing Horse Inc's revenue in 2024 was $381,531.


Official website here: www.prancing-horse.org

Who are the executives of Prancing Horse Inc and what are their salaries?

The average compensation at Prancing Horse Inc during 2024 was $18,352. There are 9 employees and 50 volunteers at Prancing Horse Inc.

Here are 9 key members and their salaries:


Nancy Piscopo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Goodwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Mcgougan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Dunstan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Laprairie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elba Letty Baker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collen Dolgan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prancing-horse.org

Where can I find the form 990 for Prancing Horse Inc?

Prancing Horse Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.prancing-horse.org

Learn more at the official website: www.prancing-horse.org

Mission Statement of Prancing Horse Inc

Prancing Horse Inc, a nonprofit organization, is dedicated to improving the lives of children and adults with various cognitive, emotional, and physical challenges. This is achieved by creating a secure environment where therapeutic horsemanship is provided. By offering this unique therapeutic approach, Prancing Horse Inc aims to empower individuals, enabling them to overcome their challenges and lead more fulfilling lives. The organization's mission is rooted in the belief that the interaction between humans and horses can have a profound impact on an individual's wellbeing, fostering both physical and emotional growth.

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Impact




October, 2024

Prancing Horse Inc significantly impacts the community by enhancing the lives of children and adults with diverse cognitive, emotional, and physical needs through therapeutic horsemanship. Located in Southern Pines, NC, the organization provides a safe and nurturing environment that fosters personal growth and development. Participants benefit from the unique bond formed with horses, which can lead to improved emotional well-being, increased confidence, and greater physical mobility. By focusing on the transformative power of equine therapy, Prancing Horse Inc promotes health and wellness for individuals who may otherwise face challenges in traditional therapeutic settings. The program not only enriches the lives of its participants but also strengthens community ties by fostering inclusivity and support for varied needs.




This information is meant to be a general summary of Prancing Horse Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$381,531 (2024)
Expenses
$375,112 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $33,221
  • Program Service Revenue: $70,683
  • Gross Receipts: $381,531

Assets and Liabilities:

  • Total Assets: $1,269,940
  • Total Liabilities: $1,786
  • Net Assets: $1,268,154

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tack Shop Sales

Revenue

$38,002

Lessons

Revenue

$32,681

Organization Details

Founding Year

1986

Principal Officer

Kathy Mcgougan

NTEE Category

Code: E50Z - Health

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