HORSES FOR HEROES - NEW MEXICO INC

EIN: 271578535 501(c)(3) Health Care

SANTA FE, NM

Total Revenue
$577,932
Total Expenses
$117,188
Total Assets
$3,835,200
Net Assets
$3,798,333
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NM
Principal Officer
RICHARD IANNUCCI
Phone
5057982535
Tax Period
2025-01-01 to 2025-12-31

HORSES FOR HEROES - NEW MEXICO INC, founded in 2010, is a small nonprofit in the Health Care sector that reported $578K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $461K, a strong 80% operating margin.

Mission

THE ORGANIZATION PROVIDES A FREE PROGRAM OF UNIQUE HORSEMANSHIP, WELLNESS, AND SKILL SET RESTRUCTURING THAT IS OPEN TO ALL POST 9/11 VETERANS AS WELL AS ACTIVE MILITARY PERSONNEL WHO HAVE SUSTAINED POST-TRAUMATIC STRESS, COMBAT TRAUMA, OR PHYSICAL INJURIES DURING THEIR TIME OF SERVICE TO OUR COUNTRY.

Program Service Accomplishments

Program 1
Expenses: $61,189

HANDS-ON PROGRAMS INCLUDE COWBOY UP, A PROGRAM THAT PROVIDES HORSEMANSHIP, WELLNESS AND SKILL SET RESTRUCTURING TO POST 9/11 COMBAT WOUNDED AND PTSD- RATED VETERANS, AIDING IN THEIR POST TRAUMATIC...

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HANDS-ON PROGRAMS INCLUDE COWBOY UP, A PROGRAM THAT PROVIDES HORSEMANSHIP, WELLNESS AND SKILL SET RESTRUCTURING TO POST 9/11 COMBAT WOUNDED AND PTSD- RATED VETERANS, AIDING IN THEIR POST TRAUMATIC HEALING RESILIENCE. THE PROGRAM IS SELF-PACED, AND OBJECTIVE/OUTCOME BASED. IT IS BOTH A DAY PROGRAM FOR REGIONAL VETERANS AND A RESIDENTIAL PROGRAM FOR PARTICIPATING VETERANS FROM OUT OF STATE AND ACROSS THE COUNTRY. THE PROGRAM IS SELF- SUSTAINING WITH PROGRAM GRADUATES SERVING AS A CADRE WITH THE ALL-VOLUNTEER INSTRUCTOR STAFF. APPROXIMATELY 9,600 HOURS OF SESSIONS AND VETERAN ACTIVITIES, INCLUDING PHONE, SKYPE, AND ZOOM COUNSELING WERE PROVIDED. WISDOM WAY FOR WARRIORS IS OUR HYBRID LIFE-SKILLS COACHING PROGRAM. ORIGINALLY EXCLUSIVE TO WOMEN VETERANS, IT IS NOW INTEGRATED WITH OUR COWBOY UP PROGRAM AS WELL AS INDIVIDUAL COACHING SESSIONS. VETERAN PARTICIPANT FAMILIES AND COUPLES' PERSONAL RETREATS - VETERANS WHO HAVE PARTICIPATED IN THE COWBOY UP PROGRAM ARE ALLOWED TO PARTICIPATE IN A PERSONAL FAMILY OR COUPLES RETREAT, INDIVIDUALLY DESIGNED FOR THEIR FAMILIES' PRE- AND POST-DEVELOPMENT NEEDS. PROGRAM PARTNERS WITH US SPECIAL OPERATIONS COMMAND (SOCOM) WARRIOR CARE COALITION. THE US NAVY SPECIAL WARFARE TEAMS BEGAN PRE-DEPLOYMENT RESILIENCY TRAINING DURING 2023 AS A RESULT OF THE SUCCESS OF OUR PILOT PROGRAM, INITIATED IN 2022, OF PRE-DEPLOYMENT RESILIENCY FOR ACTIVE MILITARY CONDUCTED WITH THE US ARMY FIRST DIVISION. PROVIDING TRAUMA MITIGATION TOOLS THAT ALLOW ACTIVE-DUTY MEMBERS WHO ARE DEPLOYING TO COMBAT ZONES THE ABILITY TO IDENTIFY THE DEBILITATING EFFECTS OF COMBAT TRAUMA IN THEMSELVES AND THEIR UNIT MEMBERS IN ORDER TO STAVE OFF WHAT WOULD BECOME POST TRAUMATIC STRESS DISORDER. AS PART OF THIS INITIATIVE, WE WILL ALSO HOST ACTIVE-DUTY COUPLES RETURNING FROM MULTIPLE DEPLOYMENTS, IN RETREAT STYLE SETTING TO MITIGATE AND REPAIR THE CATASTROPHIC EFFECTS RESULTING FROM BACK-TO-BACK COMBAT DEPLOYMENTS. WHOLESOME AND NUTRITIOUS HOME-COOKED MEALS ARE PROVIDED DAILY TO ALL PROGRAM PARTICIPANTS FOR ALL PROGRAMS. A CONTINUING COMPONENT OF THIS PROGRAM IS THE "TRAIN THE TRAINERS" GRADUATE CORE CLASS FOR EGCM (EQUINE GESTALT COACHING METHOD) ON HOW TO WORK WITH VETERANS AND THEIR TRAUMA. THE ORGANIZATION IS ENDORSED BY THE NEW MEXICO DEPARTMENT OF VETERAN SERVICES, NEW MEXICO CATTLE GROWERS ASSOCIATION AND THEIR MEMBER RANCHES, WORKING RANCH COWBOYS ASSOCIATION (WRCA), WRANGLER NATIONAL PATRIOT PROGRAM, AMERICAN GOLD STAR MOTHERS, INC. - ALBUQUERQUE CHAPTER, THE MILITARY ORDER OF WORLD WARS - SANTA FE CHAPTER, NEW MEXICO WOMEN'S VETERANS ASSOCIATION, THE SOUTHWEST NATIVE AMERICAN VETERANS ASSOCIATION, AND MANY MORE.

Program 2
Expenses: $44,798

NAVAJO NATION SUSTAINABLE AGRICULTURE PROGRAM FOR NATIVE AMERICAN VETERAN RANCHERS. THIS PROGRAM IS CONDUCTED COOPERATIVELY WITH VILLANOVA UNIVERSITY'S HUMANITARIAN ENGINEERING AND INTERNATIONAL...

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NAVAJO NATION SUSTAINABLE AGRICULTURE PROGRAM FOR NATIVE AMERICAN VETERAN RANCHERS. THIS PROGRAM IS CONDUCTED COOPERATIVELY WITH VILLANOVA UNIVERSITY'S HUMANITARIAN ENGINEERING AND INTERNATIONAL DEVELOPMENT DIVISION. WE PARTNER WITH GRADUATE ENGINEERING STUDENT VOLUNTEERS TO ADDRESS SPECIFIC ENGINEERING CHALLENGES MAINLY DEALING WITH WATER ON OUR SISTER RANCH ON THE NAVAJO NATION SUCH AS WATER RESTORATION, RECLAMATION AND CAPTURE IN SUPPORT OF THEIR COW-CALF PRODUCTION OPERATION AS WELL AS THE AGRICULTURE ELEMENTS THAT ARE ESSENTIAL TO GROWING HAY FOR FEED. MILITARY VETERANS ARE FULLY ENGAGED WITH THE UNIVERSITY STUDENTS IN DESIGNING, PLANNING, AND EXECUTING THE PROJECTS WHICH ENCOMPASS THE ENTIRE ACADEMIC YEAR. HORSES FOR HEROES CADRE WILL SIMILARLY TRAVEL TO VILLANOVA UNIVERSITY TO CONDUCT PROGRAM LEADER AND TEAM SELECTION, OVERSIGHT, AND TRAINING AS WELL AS PROJECT DESIGN AND PLANNING.

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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 (2025)

Revenue Breakdown

Contributions & Grants $444,274
Program Service Revenue $0
Investment Income $133,658
Other Revenue $0
TOTAL REVENUE $577,932

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $105,987
Other Expenses $117,188
TOTAL EXPENSES $117,188

Year-over-Year Comparison

2025 2024 Change
Revenue $577,932 $531,933 +0.1%
Expenses $117,188 $90,126 +0.3%
Net Income $460,744 $441,807 +0.0%
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
1
Employees
N/A
Volunteers
56

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD IANNUCCI PRESIDENT 60.00
Officer Director
$0 $0 $0
NANCY DE SANTIS SECRETARY/ T 60.00
Officer Director
$0 $0 $0
CHARLES BENNETT BOARD MEMBER 8.00
Director
$0 $0 $0
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
2025 $577,932 $117,188 $3,835,200 $460,744
2024 $531,933 $90,126 $3,337,589 $441,807
2023 $432,192 $80,864 $2,895,782 $351,328
2022 $257,636 $64,366 $2,544,454 $193,270
2021 $280,770 $99,829 $2,351,184 $180,941
2020 $282,776 $51,816 $2,167,193 $230,960
2019 $380,843 $67,425 $1,936,233 $313,418
2018 $324,501 $85,526 $1,622,815 $238,975
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