James River Horse Foundation

EIN: 842321005 501(c)(3) Animal-Related

Oilville, VA

Total Revenue
$259,469
Total Expenses
$202,510
Total Assets
$231,071
Net Assets
$231,071
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
VA
Principal Officer
Debby Dunham
Phone
8045434567
Tax Period
2024-01-01 to 2024-12-31

James River Horse Foundation, founded in 2019, is a small nonprofit in the Animal-Related sector that reported $259K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 22% operating margin.

Mission

James River Horse Foundation provides humane care, safe sanctuary, rehabilitation & when possible, a second career for Thoroughbred racehorses that can no longer compete at the track & may be at risk for abuse, neglect or slaughter. The Foundation operates an equine care & management training program for nonviolent inmates at its location at the State Farm Work Center in Goochland County, VA.

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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 $248,260
Program Service Revenue $0
Investment Income $7,147
Other Revenue $4,062
TOTAL REVENUE $259,469

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,012
Fundraising Expenses $2,379
Program Expenses $185,691
Other Expenses $130,498
TOTAL EXPENSES $202,510

Year-over-Year Comparison

2024 2023 Change
Revenue $259,469 $173,997 +0.5%
Expenses $202,510 $152,901 +0.3%
Net Income $56,959 $21,096 +1.7%
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
11
Independent Members
11
Employees
3
Volunteers
25

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
7
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen Fowler Past President & Director 5.00
Officer Director
$0 $0 $0
Debby Dunham President & Director 8.00
Officer Director
$0 $0 $0
Beverly Thurston Vice-President & Director 2.00
Officer Director
$0 $0 $0
Randall Hagan Treasurer & Director 5.00
Officer Director
$0 $0 $0
Janis Paiva Corresponding Secretary & Director 3.00
Officer Director
$0 $0 $0
Karron Myrick Recording Secretary & Director 4.00
Officer Director
$0 $0 $0
Scott Richeson DOC Liaison & Director 2.00
Officer Director
$0 $0 $0
Pamela Johnson Director 1.00
Director
$0 $0 $0
Elizabeth Copeland Director 2.00
Director
$0 $0 $0
Samantha Mackey Director 2.00
Director
$0 $0 $0
Katie Huffman Director 4.00
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
2024 $259,469 $202,510 $231,071 $56,959
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