THE EQUUS EFFECT INC

EIN: 452632601 501(c)(3) Mental Health

SHARON, CT

Total Revenue
$393,223
Total Expenses
$347,380
Total Assets
$978,350
Net Assets
$643,321
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CT
Principal Officer
JANE STRONG
Phone
2038039507
Tax Period
2024-01-01 to 2024-12-31

THE EQUUS EFFECT INC, founded in 2012, is a small nonprofit in the Mental Health sector that reported $393K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $347K left a modest 12% surplus.

Mission

TO HELP VETERANS AND OTHERS IN TRANSITION REBUILD HEALTHY RELATIONSHIPS AT HOME, WORK AND SCHOOL THROUGH MEANINGFUL ENGAGEMENT WITH HORSES.

Program Service Accomplishments

Program 1
Expenses: $249,675 Revenue: $72,479

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...

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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.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $337,957
Program Service Revenue $72,479
Investment Income $4,790
Other Revenue $-22,003
TOTAL REVENUE $393,223

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,033
Fundraising Expenses $46,010
Program Expenses $249,675
Other Expenses $307,347
TOTAL EXPENSES $347,380

Year-over-Year Comparison

2024 2023 Change
Revenue $393,223 $323,689 +0.2%
Expenses $347,380 $322,926 +0.1%
Net Income $45,843 $763 +59.1%
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
7
Independent Members
7
Employees
2
Volunteers
N/A

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
5
$31,665
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR F TOWNE ALLEN PRESIDENT 2.00
Officer Director
$0 $0 $0
OSCAR MARTINEZ TREASURER 2.00
Officer Director
$0 $0 $0
S MEGHAN FLANAGAN BOARD MEMBER 2.00
Director
$0 $0 $0
MIMI ESTES SECRETARY 2.00
Officer Director
$0 $0 $0
AIDA MYSAN BOARD MEMBER 2.00
Director
$0 $0 $0
ANDRUS NICHOLS BOARD MEMBER 2.00
Director
$0 $0 $0
SUSAN F FILAN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JANE STRONG EXECUTIVE DIRECTOR/BOARD M 30.00
Officer
$31,665 $0 $31,665
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
2024 $393,223 $347,380 $978,350 $45,843
2023 $323,689 $322,926 $942,348 $763
2022 $339,713 $308,508 $976,689 $31,205
2021 $388,662 $199,883 $929,480 $188,779
2020 $347,758 $188,016 $745,750 $159,742
2019 $242,583 $222,300 $221,565 $20,283
2018 $268,616 $199,287 $194,396 $69,329
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