EQUUVATION INC

EIN: 471761541 501(c)(3) Health Care

STATESVILLE, NC

Total Revenue
$501,691
Total Expenses
$354,253
Total Assets
$189,844
Net Assets
$189,844
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Financial Trends

Organization Details

Legal Domicile
NC
Principal Officer
ERICA A DE FLAMAND
Phone
7049313413
Tax Period
2024-01-01 to 2024-12-31

EQUUVATION INC is a small nonprofit in the Health Care sector that reported $502K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $147K, a strong 29% operating margin.

Mission

EQUUVATION INC. IS A NONPROFIT ORGANIZATION THAT ASPIRES TO PROMOTE INNOVATION, EDUCATION, COLLABORATION, AND PROFESSIONAL SERVICE DELIVERY IN ANY FIELD OF ACTIVITY CENTERED AROUND THE HORSE-HUMAN CONNECTION. FOUNDED BY A COLLABORATIVE GROUP OF INDUSTRY PROFESSIONALS, EQUUVATION AIMS TO DEVELOP AND SUPPORT ACCESSIBLE, INCLUSIVE, AND ETHICAL THERAPEUTIC SERVICES LONG INTO PERPETUITY.EQUUVATION WORKS TO SET AND SUPPORT MODEL STANDARDS AND EXAMPLES OF PRACTICE IN THREE PILLARS OF FOCUS AS IT RELATES TO THE EQUINE-ASSISTED SERVICES INDUSTRY:THERAPY + EDUCATION CENTERTHINK TANKSANCTUARY

Program Service Accomplishments

Program 1
Expenses: $13,720 Revenue: $2,490

EQUINE-FACILITATED PSYCHOTHERAPY (EFP)EFP IS A FORM OF EXPERIENTIAL THERAPY THAT INCLUDES HORSES AND DONKEYS (EQUINES), AND PROVIDES CLIENTS WITH OPPORTUNITIES TO ENHANCE SELF-AWARENESS, AND TO...

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EQUINE-FACILITATED PSYCHOTHERAPY (EFP)EFP IS A FORM OF EXPERIENTIAL THERAPY THAT INCLUDES HORSES AND DONKEYS (EQUINES), AND PROVIDES CLIENTS WITH OPPORTUNITIES TO ENHANCE SELF-AWARENESS, AND TO RE-PATTERN MALADAPTIVE BEHAVIORS AND FEELINGS. ACTIVITIES WITHIN EFP SESSIONS ARE DESIGNED TO MEET THE CLIENT'S INDIVIDUAL GOALS AND MAY INCLUDE, BUT ARE NOT LIMITED TO: HERD OBSERVATION, GROOMING, LEADING, ROUNDPEN, OBSTACLES, AND INTRODUCTION TO ADVANCED HORSEMANSHIP SKILLS. EFP HAS PROVEN BENEFICIAL FOR THOSE IMPACTED BY TRAUMA AND ABUSE; EXPERIENCING SYMPTOMS OF ANXIETY, DEPRESSION, PTSD, AUTISM; OR MANAGING A CHRONIC ILLNESS OR PAIN.

Program 2
Expenses: $6,650 Revenue: $3,125

EQUINE-ASSISTED LEARNING (EAL)EAL IS AN EXPERIENTIAL APPROACH THAT INCLUDES HORSES AND DONKEYS (EQUINES), AND PROVIDES CLIENTS WITH OPPORTUNITIES TO BUILD MUSCLE MEMORY AROUND ESSENTIAL LIFE SKILLS...

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EQUINE-ASSISTED LEARNING (EAL)EAL IS AN EXPERIENTIAL APPROACH THAT INCLUDES HORSES AND DONKEYS (EQUINES), AND PROVIDES CLIENTS WITH OPPORTUNITIES TO BUILD MUSCLE MEMORY AROUND ESSENTIAL LIFE SKILLS AND QUALITIES OF HEALTHY RELATIONSHIPS SUCH AS EFFECTIVE COMMUNICATION, EMPATHY, BOUNDARIES, PROBLEM-SOLVING, SELF-REGULATION, SELF-ADVOCACY AND MORE BY WAY OF CONNECTING WITH EQUINES. OUR CORE EAL PROGRAMS INCLUDE: INDIVIDUAL OR FAMILY EAL SESSIONS GROUP EAL RETREATS AND WORKSHOPS READING-AT-THE-RANCH AN AFTER-SCHOOL LITERACY AND COMMUNICATION PROGRAM. JR.EQ. EAL PROGRAMS FOR TWEENS AND TEENS, AGES 10-17, WHO ALREADY HAVE EXPERIENCE WITH HORSES AND EQUESTRIAN SPORTS. THESE PROGRAMS ARE CENTERED AROUND CREATING INCLUSIVE, EDUCATIONAL EXPERIENCES BUILT ON THE FOUNDATION OF THE HORSE-HUMAN CONNECTION AND AIMED TO MEET THE INDIVIDUAL EMOTIONAL, SOCIAL, PSYCHOLOGICAL AND PHYSICAL NEEDS OF ALL PARTICIPANTS.

Program 3
Expenses: $7,431 Revenue: $1,850

THERAPEUTIC HORSEMANSHIP (TH)A HOLISTIC APPROACH TO DEVELOPING A RELATIONSHIP WITH HORSES, OUR THERAPEUTIC HORSEMANSHIP PROGRAM COMBINES ELEMENTS OF EQUINE-ASSISTED LEARNING (EAL GROUNDWORK) AND...

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THERAPEUTIC HORSEMANSHIP (TH)A HOLISTIC APPROACH TO DEVELOPING A RELATIONSHIP WITH HORSES, OUR THERAPEUTIC HORSEMANSHIP PROGRAM COMBINES ELEMENTS OF EQUINE-ASSISTED LEARNING (EAL GROUNDWORK) AND THERAPEUTIC RIDING (TR - MOUNTED). PARTICIPANTS BENEFIT FROM AN INNOVATIVE CURRICULUM WHICH INCLUDES DEVELOPMENT AND PRACTICE OF COMMUNICATION SKILLS, DAILY HORSE CARE, GROOMING, TACKING AND FOUNDATIONAL VAULTING AND RIDING SKILLS. TH IS OFFERED BY CREDENTIALED EDUCATORS AND PATH INTL. CERTIFIED THERAPEUTIC RIDING INSTRUCTORS (CTRI). SESSIONS MAY BE PRIVATE OR SEMI-PRIVATE AND ARE TAILORED TO THE INDIVIDUAL NEEDS, AGE AND GOALS OF THE PARTICIPANTS. THE TH PROGRAM IS THE MOST SIMILAR TO TRADITIONAL THERAPEUTIC RIDING MODELS, BUT WITH A SPECIFIC, PERSONALIZED GOAL-ORIENTED APPROACH FOR EACH CLIENT AND THEIR FAMILY. THE CLIENT PROFILE FOR OUR THERAPEUTIC HORSEMANSHIP PROGRAM IS YOUTH, AGES 3-17, WITH A DISABILITY, MENTAL HEALTH DIAGNOSIS OR IMPACT OF TRAUMA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $493,693
Program Service Revenue $7,465
Investment Income $0
Other Revenue $533
TOTAL REVENUE $501,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,099
Fundraising Expenses $16,999
Program Expenses $32,776
Other Expenses $230,154
TOTAL EXPENSES $354,253

Year-over-Year Comparison

2024 2023 Change
Revenue $501,691 $331,246 +0.5%
Expenses $354,253 $307,108 +0.2%
Net Income $147,438 $24,138 +5.1%
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
4
Independent Members
4
Employees
6
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERICA A DE FLAMAND PRESIDENT 2.00
Officer Director
$0 $0 $0
TRACY BYRNES SECRETARY 0.50
Officer Director
$0 $0 $0
HUNTER MCINTOSH MEMBER 0.50
Director
$0 $0 $0
PATRICIA WOLVERTON MEMBER 0.50
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
2024 $501,691 $354,253 $189,844 $147,438
2023 $331,246 $307,108 $42,406 $24,138
2022 $267,336 $316,956 $18,268 $-49,620
2021 $373,495 $346,256 $67,888 $27,239
2020 $259,491 $235,533 $40,649 $23,958
2019 $220,233 $197,445 $39,479 $22,788
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