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 ("JRHF") provides humane care, safe sanctuary, rehabilitation & when possible, a second career for Thoroughbred racehorses that can no longer complete & may be at risk for abuse, neglect or slaughter. At its location at the State Farm Work Center in Goochland County, VA, JRHF operates an equine care & management program for nonviolent inmates using the retired horses.

Program Service Accomplishments

Program 1
Expenses: $144,706

Horse rehabilitation & retirement sanctuary program - Thoroughbred horses that cannot compete at the track due to injuries sustained in racing or training are at risk for neglect, abuse or slaughter...

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Horse rehabilitation & retirement sanctuary program - Thoroughbred horses that cannot compete at the track due to injuries sustained in racing or training are at risk for neglect, abuse or slaughter. Whenever possible, these horses are rehabilitated & retained for second careers & are adopted out to loving homes after careful screening by the staff of JRHF. Those that are not adoptable are provided safe sanctuary for life,including veteninary care, regular hoof trimming & shoeing, and careful monitoring of nutritional needs. The program normally cares for between 25 & 30 horses at any one time. When an adoption provides a vacancy, new horses are admitted to the program. Adopted horses may never be bred or sold & are always returned to the program if the adoptor can no longer care for them. JRHF works in partnership with AfterCare Charles Town ("ACT") in West VA to accept horses requiring 4-6 months of rehabilitative care which the inmate participants provide through their educational program, after which they are returned to ACT for placement or adopted out locally in the JRHF surrounding area. This partnership provides valuable, diverse training opportunities for the inmates in our equine care & management program. JRHF is currently working to establish a similar partnership with "Beyond the Wire" which is a Thoroughbred rescue group located in Laurel, MD near the race track there.

Program 2
Expenses: $40,985

Inmate training program - this educational outreach program selects 8 to 10 candidates from the prision population at the State Farm Work Center every 12 weeks to participate in the vocational...

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Inmate training program - this educational outreach program selects 8 to 10 candidates from the prision population at the State Farm Work Center every 12 weeks to participate in the vocational training program on a rotating basis. Each candidate is carefully screened by the Barn Manager in cooperation with the Assistant Warden & other correctional officers at the facility. This program has established a valuable public-governmental relationship with the VA Dept of Corrections ("VADOC") & is widely recognized for its contributions to the welfare & education of participating offenders & for marked reduction in reeidivism rates for these taking part in the outreach training program. Graduates of the program who have completed their sentence have gone on to successful employment as grooms, blacksmiths & workers at local area horse farms and race tracks such as Colonial Downs in New Kent, VA. The training program is supervised by the Barn Manager & follows an established & well-supervised curriculum having 3 levels of intensity & depth in horse care management & farm maintenance. Participants are transported by officers daily to Barn 4 to study equine nutrition & behaviors, basic veterinary care, & horse handling techniques & are tested on the materials & "graduate" through the levels. Guest speakers such as local veterinarians, trainers & farriers visit Barn 4 often to teach by example, enhancing the written materials & the hands on experience with the horses. Participants learn to work as a cooperative team, take on responsibilities & complete goals toward a certification that can aid them in obtaining employment after their release. JRHF, in cooperation with VADOC hosts "Open Barn" days when the public can visit Barn 4 & see the progress made by the inmates & the horses.

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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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