Nonprofit · EIN 47-3212490
DETROIT HORSE POWER
Tax-exempt · DETROIT, MI 48221
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,506,638 | $814,502 | $1,692,136 | $7,266,532 | $36,903 | $7,229,629 |
| December 31, 2023 | 990 | $3,661,186 | $722,697 | $2,938,489 | $5,570,388 | $32,895 | $5,537,493 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,357,207
- Program service revenue
- $0
- Investment income
- $173,862
- Net income from fundraising events
- -$24,431
- Other revenue
- -$24,431
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $85,075
- Other salaries and wages
- $343,039
- Salaries, compensation and benefits (total)
- $466,309
- Professional fundraising fees
- $0
- Legal fees
- $10,332
- Accounting fees
- $37,094
- Occupancy
- $9,522
- Depreciation
- $1,919
- Program services (functional)
- $702,801
- Management and general (functional)
- $78,157
- Fundraising (functional)
- $33,544
Balance sheet and other
- Total assets, start of year
- $5,570,388
- Total assets, end of year
- $7,266,532
- Total liabilities, end of year
- $36,903
- Net assets, end of year
- $7,229,629
- Land, buildings and equipment
- $2,161,412
- Net assets without donor restrictions
- $1,443,088
- Net assets with donor restrictions
- $5,786,541
- Gross receipts
- $2,561,444
- Employees
- 10
- Volunteers
- 50
- Year formed
- 2015
- State of legal domicile
- MI
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SILVER | EXECUTIVE DIRECTOR Officer | 40 | $85,075 |
| CATHARINE LaMONT | PRESIDENT Trustee or director, Officer | 4 | $0 |
| JENNIFER VAN ZELST | V. PRESIDENT Trustee or director, Officer | 4 | $0 |
| MEAGAN BELFINGER | TREASURER Trustee or director, Officer | 4 | $0 |
| SANDRA TURNER-HANDY | SECRETARY Trustee or director, Officer | 4 | $0 |
| JEFF JONES | DIRECTOR Trustee or director | 4 | $0 |
| MARSEILLE ALLEN | DIRECTOR Trustee or director | 4 | $0 |
| DANIELLE HARLING | DIRECTOR Trustee or director | 4 | $0 |
| ITZEL FLORES | DIRECTOR Trustee or director | 4 | $0 |
| MARIA LEON-JOHNSON | DIRECTOR Trustee or director | 4 | $0 |
| HELENA SCOTT | DIRECTOR Trustee or director | 4 | $0 |
| SUSAN BARKELL | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SILVER | EXECUTIVE DIRECTOR Officer | 40 | $80,150 |
| CATHARINE LaMONT | PRESIDENT Trustee or director, Officer | 4 | $0 |
| JENNIFER VAN ZELST | V. PRESIDENT Trustee or director, Officer | 4 | $0 |
| MEAGAN BELFINGER | TREASURER Trustee or director, Officer | 4 | $0 |
| SANDRA TURNER-HANDY | SECRETARY Trustee or director, Officer | 4 | $0 |
| JEFF JONES | DIRECTOR Trustee or director | 4 | $0 |
| ANDREA BENSON | DIRECTOR Trustee or director | 4 | $0 |
| DANIELLE HARLING | DIRECTOR Trustee or director | 4 | $0 |
| ITZEL FLORES | DIRECTOR Trustee or director | 4 | $0 |
| MARIA LEON-JOHNSON | DIRECTOR Trustee or director | 4 | $0 |
| HELENA SCOTT | DIRECTOR Trustee or director | 4 | $0 |
| SUSAN BARKELL | DIRECTOR Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 8425 W MCNICHOLS RD, DETROIT, MI 48221-2546
- In care of
- % DAVID SILVER
- Principal officer (990 for 2024)
- DAVID SILVER, 8425 W MCNICHOLS RD, DETROIT, MI 48221
- Signed the 990
- DAVID SILVER, EXEC DIRECTOR
- Phone
- (313) 241-0677
- Website
- WWW.DETROITHORSEPOWER.ORG
- Return prepared by
- GREGORY TERRELL & COMPANY
Mission
TO TEACH URBAN YOUTH TO RIDE AND CARE FOR HORSES AS A WAY TO DEVELOP CRITICAL SKILLS FOR FUTURE SUCCESS.
Program accomplishments
- TEACHING URBAN YOUTH TO RIDE AND CARE HORSES AS A WAY TO DEVELOP CRITICAL SKILLS FOR FUTURE SUCCESS.Expenses $702,801
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-3212490
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O52)
- Assets (IRS master file)
- $7,266,532
- Income (IRS master file)
- $2,561,444
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,506,638 | $814,502 | $7,266,532 | XML |
| 990 | December 2023 | $3,661,186 | $722,697 | $5,570,388 | XML |
| 990 | December 2022 | $2,078,672 | $572,132 | $2,623,257 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 47-3212490).
Questions about DETROIT HORSE POWER
- What is the EIN of DETROIT HORSE POWER?
- The employer identification number (EIN) of DETROIT HORSE POWER is 47-3212490.
- Is DETROIT HORSE POWER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to DETROIT HORSE POWER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DETROIT HORSE POWER 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 DETROIT HORSE POWER 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 DETROIT HORSE POWER 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 DETROIT HORSE POWER?
- The 990 for the year ended December 31, 2024 names DAVID SILVER.
- Who are the officers and directors of DETROIT HORSE POWER?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $85,075 (DAVID SILVER, EXECUTIVE DIRECTOR).
- How much revenue does DETROIT HORSE POWER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,506,638, expenses of $814,502 and total assets of $7,266,532 at year end.
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