PURE THOUGHTS INC

EIN: 061664566 501(c)(3)

Loxahatchee, FL

Total Revenue
$351,072
Total Expenses
$340,038
Total Assets
$16,464
Net Assets
$16,464
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
FL
Principal Officer
Jennifer Swanson
Phone
5612540415
Tax Period
2018-01-01 to 2018-12-31

PURE THOUGHTS INC, founded in 2002, is a small nonprofit that reported $351K in total revenue in fiscal year 2018. Expenses of $340K left a modest 3% surplus.

Mission

Rescue, Rehabilitate, Retrain and hopefully re-home horses and animals that are in need. Education of animal and horse welfare and to promote and secure the safety and well being of horses and animals. Equine Therapy, Training and Education. To be a sanctuary for those horses and animals that cannot be re-homed

Program Service Accomplishments

Program 1
Expenses: $1,822 Revenue: $7,550

ADOPTION PROGRAM- Adopt to good and safe environments the horses and animals that have been rehabilitated, retrained and are ready and can be rehomed. To educate adopters on the requirements, duties...

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ADOPTION PROGRAM- Adopt to good and safe environments the horses and animals that have been rehabilitated, retrained and are ready and can be rehomed. To educate adopters on the requirements, duties and necessities of having a horse or animal and prepare for a successful adoption

Program 2
Expenses: $93,059 Revenue: $104,604

Equine Therapy- This Program helps the horses that for one reason or another cannot be re-homed. The horses are trained within their limitations both physically and mentally to help people who may be...

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Equine Therapy- This Program helps the horses that for one reason or another cannot be re-homed. The horses are trained within their limitations both physically and mentally to help people who may be suffering from emotional problems and working with a horses or animal can help them with some of their issues. The Therapists and Professionals involved are also trained to work with this horse/animal to best serve the purpose of the program and the individuals.

Program 3
Expenses: $245,157 Revenue: $-6,239

Rescue Rescue the horses and animals in need of our service. Supply medical and daily care of all animals in our care. Rehabilitate the horses and animals so that they can live a successful and safe...

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Rescue Rescue the horses and animals in need of our service. Supply medical and daily care of all animals in our care. Rehabilitate the horses and animals so that they can live a successful and safe life. Retrain the horses and animals so that they are comfortable and safe around other animals and people. To try and reach an animal or horse to a level that they can be re-homed when it is applicable.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $238,918
Program Service Revenue $112,154
Investment Income $0
Other Revenue $0
TOTAL REVENUE $351,072

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,875
Fundraising Expenses $0
Program Expenses $340,038
Other Expenses $329,163
TOTAL EXPENSES $340,038

Year-over-Year Comparison

2018 2017 Change
Revenue $351,072 N/A N/A
Expenses $340,038 N/A N/A
Net Income $11,034 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$10,752
Total Directors
3
$10,752
Key Employees
2
$10,752
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Holly Chaney Director 10
Director
$0 $0 $0
Bradley Gaver Director/ Officer 40
Officer Director Key Emp
$2,688 $2,688 $5,376
Jennifer Swanson Director/ Officer 40
Officer Director Key Emp
$2,688 $2,688 $5,376
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $351,072 $340,038 $16,464 $11,034
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