2026-08-06T12:38:27-00:00 2025-12-31 232808145 Michael Rosen & Company 261 Old York Road Suite 511 Jenkintown PA 19046 990 2025-01-01 232241291 Pegasus Therapeutic Riding Academy Inc PEGA 2157421500 8297 Bustleton Avenue Philadelphia PA 19152 Teresa Fletcher Officer 2157421500 2026-08-06 true Michael Rosen P00793659 2158866060 2026-08-06 X 2025 2025-03-06 01:10:19Z Teresa Fletcher 8297 Bustleton Avenue Philadelphia PA 19152 693379 false X www.pegasusridingacademy.com X 1982 PA Our mission is to provide therapeutic exercise in various forms always emphasizing ability and maintaining an environment of respect and trust for our riders, volunteers and horses. 10 10 26 111 0 232421 263443 273920 275111 3759 1055 95757 124086 605857 663695 0 0 254963 286199 0 22452 314823 356447 569786 642646 36071 21049 466071 480808 69237 62925 396834 417883 X Our mission is to provide therapeutic exercise in various forms always emphasizing ability and maintaining an environment of respect and trust for our riders, volunteers and horses. false false 448248 Pegasus TRA provides equine-assisted activities and therapies to individuals with disabilities, diagnoses, and at-risk populations. Incorporated as a non-profit organization in 1982, the program partners with horses, and their unique three-dimensional swing gate, to promote improved physical strength, emotional well-being, independence, along other key life skills. Pegasus provides therapeutic exercise in various forms, always emphasizing ability maintaining an environment of respect trust for our riders, volunteers, horses. Therapeutic riding has many components, including physical, psychological, recreational, as well as educational. Our facilities include a state-of-the-art indoor riding arena that permits year-round operation. We currently have 16 therapy horses of varied sizes breeds. The program staff consists of two full-time employees nine part-time employees. Pegasus is a PATH Professional Association of 79103 Pegasus operates an autism program to meet the growing need for services for children diagnosed with autism spectrum disorders. Many in the medical community believe that there is a special connection between horses and children with autism because both interpret the world in pictures. As the bond grows between child and animal, progress such as improved communication, social skills, and behavior become possible in many cases. This program accomodates 12 riders per week. 34093 Other programs 561444 true true false false false false false false false false true false false false false false true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false true X 5 0 true 26 true false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true false false PA X X Teresa Fletcher 2157421500 8297 Bustleton Avenue Philadelphia PA 19152 Teresa Fletcher Executive Director 040.00 X X 62654 0 0 Jason Budd President 002.50 X X 0 0 0 Niels Christensen Treasurer 001.50 X X 0 0 0 Leigh Ann DiFusco Secretary 001.00 X X 0 0 0 Robert Hesser Director 001.00 X 0 0 0 Joy Barley Director 001.00 X 0 0 0 Tom Forkin Director 001.00 X 0 0 0 Jonathan Smith Director 001.00 X 0 0 0 Sarah Reed Director 001.00 X 0 0 0 Michael Killion Director 001.00 X 0 0 0 Kathleen Gleason Director 001.00 X 0 0 0 62654 false false false 10373 253070 263443 Equine Assisted Activities 624310 275111 275111 1055 1055 153770 10373 29684 124086 663695 1055 0 0 0 0 62654 18796 25062 18796 0 191668 191668 0 2227 1843 219 165 29650 26086 2037 1527 0 0 8725 8725 0 0 23 11 12 0 32410 22237 8221 1952 0 0 36568 33092 3476 772 772 0 0 1784 1784 0 37875 36123 1752 69948 62953 6995 Blacksmith and Veterinarian 38657 38657 Hay and Feed 48257 48257 Repairs and Maintenance 54642 54174 468 Horse and Barn Supplies 23390 23390 3396 3396 642646 561444 58750 22452 200411 191739 10000 23217 26537 22420 27884 539155 314507 220023 224648 466071 480808 45437 22034 23800 27810 13081 69237 62925 X 350777 386651 46057 31232 396834 417883 466071 480808 21049 X X false true X true false X 121671 124706 273628 241160 253872 1015037 271675 332491 325029 409432 430553 1769180 90000 90000 90000 90000 90000 450000 483346 547197 688657 740592 774425 3234217 8396 11965 11495 9290 15650 56796 8396 11965 11495 9290 15650 56796 3177421 9 1075 2416 3759 1055 8314 0 9 1075 2416 3759 1055 8314 0 0 483355 548272 691073 744351 775480 3242531 0.97990 0.97790 0.00260 0.00270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 336122 249743 86379 141623 39564 102059 61410 25200 36210 224648 Financial derivatives and other financial products Closely-held equity interests Federal income taxes 753695 90000 90000 663695 663695 732646 90000 90000 642646 642646 Dinner 2025 153770 153770 9746 19938 153770 153770 9746 19938 29684 124086 Form 990, Part I, Line 1 Pegasus partners with horses, utilizing their movement the important bond between horse rider, to promote improved physical emotional well-being and independence for individuals with disabilities. Pegasus provides therapeutic exercise in various forms, always emphasizing ability maintaining an environment of respect and trust for our riders, volunteers and horses. Form 990, Part III, Line 4a Volunteers Approximately 90 per week Provide a significant part of the workforce since each rider requires three volunteers to lead the horse and sidewalk on either side of the horse for support during the weekly lessons. Last year our volunteers contributed over 7,000 hours of their time to our program. The Pegasus Program reaches approximately 100 participants each week which translates into over 4,000 lessons per year. Although our riders represent many different disabilities, we have seen a marked increase in the number of participants with autism spectrum disorders. In September 2007 we created a specialized program for children with autism spectrum disorders that initially served four and now twelve clients on Monday evenings. In further response to our clients requests we offer lessons on Saturdays and Sundays. Pegasus is the only therapeutic riding program in Philadelphia and, as such, it enables us to serve a diverse population including groups from Moss Rehabilitation Hospital, Pennsylvania School for the Deaf, HMS School of West Philadelphia for Children with Severe Cerebral Palsy, Widener School and Beechwood Rehabilitation for Adults with Head Trauma. Half hour group 4 Riders riding lessons are conducted on Wednesday and Thursday mornings and Tuesday, Wednesday and Thursday evenings and Saturdays and Sundays. Monday evening is dedicated to the Autism Program. Pegasus also has a senior saddles program for riders 55, which focuses on the physical challenges of the population approaching senior years. The Pegasus Program continues to grow and evolve to meet the needs and demands of the disabled community in Philadelphia and the surrounding area. Form 990, Part VI, Section B, Line 11 The 990 is received by the Executive Director and distributed to the Treasurer, President, and other members of the Board with financial backgrounds and members of the audit and finance committee for review. Once reviewed by those individuals, any necessary changes are made and the 990 is distributed to the Board for review and approval and upon approval, signed by the President prior to submission. Form 990, Part V, Section B, Line 12c The conflict of interest statement was instituted during 2008. The by-laws contain a conflict of interest policy that provides The Board shall adopt a policy on conflict of interest which shall provide, at a minimum, that any Director shall abstain from voting on or participating in the administration of any matter in which there is a conflict of interest, as determined by the President of the Board, excluding transactions with affiliates of the corporation. The practices and procedures manual for the organization contains a conflict of interest disclosure from which all employees are required to complete on an annual basis. The board manual includes a similar conflict of interest disclosure form for all board members. At the board level, if a conflict arises, that board member will excuse him/herself from the room and not be involved in the discussion nor vote on that issue. Form 990, Part VI, Section B, Line 15a The President of the Board, using a goal oriented form, prepares the performance evaluation of the Executive Director, which is reviewed by the Board of Directors at the annual meeting in December. The Board of Directors reviews the performance evaluation and considering the current financial status of the organization, as well as the standard compensation for Executive Directors for other similarly situated Therapeutic Riding Programs as published by PATH International, conducts deliberations and makes decisions regarding the compensation agreement. Contemporaneous minutes of all Board Meetings are taken by the Secretary and kept at the Pegasus office. This process was undertaken throughout 2024. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public at the Pegasus office. Form 990, Part XII, Line 2c This process is unchanged from the prior year.