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Nonprofit · EIN 32-0034746

BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER

Tax-exempt · HARVARD, IL 60033

Financials

$2.6M$2.6M2023$3M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,967,943$2,680,008$287,935$5,992,183$144,710$5,847,473
December 31, 2023990$2,602,278$2,639,148-$36,870$5,669,706$134,867$5,534,839
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,620,270
of which government grants
$288,829
Program service revenue
$300,711
Investment income
$63,924
Net rental income
$29,410
Net gain from sales of assets
$18,283
Net income from fundraising events
-$96,004
Other revenue
-$16,962

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$192,400
Other salaries and wages
$779,314
Salaries, compensation and benefits (total)
$1,188,981
Professional fundraising fees
$0
Legal fees
$15,677
Accounting fees
$27,886
Occupancy
$51,624
Travel
$96,064
Depreciation
$335,249
Program services (functional)
$2,384,821
Management and general (functional)
$252,848
Fundraising (functional)
$42,339

Balance sheet and other

Total assets, start of year
$5,669,706
Total assets, end of year
$5,992,183
Total liabilities, end of year
$144,710
Net assets, end of year
$5,847,473
Land, buildings and equipment
$3,376,244
Publicly traded securities
$2,022,960
Net assets without donor restrictions
$4,671,536
Net assets with donor restrictions
$1,175,937
Gross unrelated business income
$34,321
Gross receipts
$3,350,566
Employees
40
Volunteers
578
Year formed
2002
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MEGGAN HILL-MCQUEENEYPRESIDENT & COO
Officer
40$192,400$7,870
JENNA SORGANIADMINISTRATIVE DIRECTOR
Highest-paid employee
40$115,000$14,190
KEN BOYDCHAIR
Trustee or director, Officer
5$0$0
KATHY ALLEGRETTIVICE CHAIR
Trustee or director, Officer
5$0$0
CYNTHIA GONYATREASURER
Trustee or director, Officer
5$0$0
MARGE TAUTKUS GUNNARSECRETARY
Trustee or director, Officer
5$0$0
ROBERT BROOKSDIRECTOR
Trustee or director
2$0$0
CHADD HARTWIGDIRECTOR
Trustee or director
2$0$0
DAVID HOUSEDIRECTOR
Trustee or director
2$0$0
KAREN SMITHDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
MEGGAN HILL-MCQUEENEYPRESIDENT & COO
Officer
40$177,400$14,318
KEN BOYDCHAIR
Trustee or director, Officer
18$0$0
KATHY ALLEGRETTIVICE CHAIR
Trustee or director, Officer
8$0$0
CYNTHIA GONYATREASURER
Trustee or director, Officer
3$0$0
MARGE TAUTKUS GUNNARSECRETARY
Trustee or director, Officer
38$0$0
ROBERT BROOKSDIRECTOR
Trustee or director
2$0$0
CHADD HARTWIGDIRECTOR
Trustee or director
0$0$0
LAURIE JOHNSON ESQDIRECTOR
Trustee or director
1$0$0
DENISE DRANE PHDDIRECTOR
Trustee or director
2$0$0
ANDREW PATAKYDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
7319 MAXON RD, HARVARD, IL 60033-8894
In care of
% MARGARET TAUTKUS-GUNNAR
Principal officer (990 for 2024)
MEGGAN HILL-MCQUEENEY, 7319 MAXON RD, HARVARD, IL 60033
Signed the 990
MEGGAN HILL-MCQUEENEY, PRESIDENT & COO
Phone
(815) 943-8226
Return prepared by
PORTE BROWN LLC

Mission

BRAVEHEARTS BRINGS HOPE, JOY AND UNLIMITED POSSIBILITIES THROUGH THE HEALING POWER OF THE HORSE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE THERAPEUTIC RIDING EQUINE LESSONS TO INDIVIDUALS INCLUDING VETERANS WITH VARIOUS DIAGNOSES.
    Expenses $2,364,934 · revenue $300,711
  • PROVIDE BOARDING SERVICES FOR HORSES PARTICIPATING IN THERAPEUTIC RIDING PROGRAM AND OTHERS IN THE COMMUNITY.
    Expenses $19,887

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
32-0034746
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$5,992,183
Income (IRS master file)
$3,350,566

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,967,943$2,680,008$5,992,183IRS
990-TDecember 2024–––IRS
990December 2023$2,602,278$2,639,148$5,669,706XML
990-TDecember 2023–––IRS
990December 2022$2,981,947$2,431,381$5,633,624IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0034746).

Questions about BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER

What is the EIN of BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER?
The employer identification number (EIN) of BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER is 32-0034746.
Is BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER?
The 990 for the year ended December 31, 2024 names MEGGAN HILL-MCQUEENEY.
Who are the officers and directors of BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER?
The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $192,400 (MEGGAN HILL-MCQUEENEY, PRESIDENT & COO).
How much revenue does BRAVEHEARTS THEAPEUTIC RIDING AND EDUCATIONAL CENTER have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,967,943, expenses of $2,680,008 and total assets of $5,992,183 at year end.

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