Nonprofit · EIN 56-1907424
HORSEPOWER INC
Tax-exempt · HIGH POINT, NC 27265
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $680,485 | $714,729 | -$34,244 | $618,712 | $211,634 | $407,078 |
| December 31, 2024 | 990 | $777,338 | $732,853 | $44,485 | $661,626 | $220,304 | $441,322 |
| December 31, 2023 | 990 | $641,020 | $607,405 | $33,615 | $626,953 | $230,116 | $396,837 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $473,020
- Program service revenue
- $192,016
- Investment income
- $10,912
- Net gain from sales of assets
- -$116
- Other revenue
- $4,537
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $66,500
- Other salaries and wages
- $338,069
- Salaries, compensation and benefits (total)
- $440,542
- Professional fundraising fees
- $0
- Legal fees
- $1,124
- Accounting fees
- $4,250
- Occupancy
- $29,030
- Travel
- $1,182
- Depreciation
- $19,233
- Program services (functional)
- $555,584
- Management and general (functional)
- $75,769
- Fundraising (functional)
- $83,376
Balance sheet and other
- Total assets, start of year
- $661,626
- Total assets, end of year
- $618,712
- Total liabilities, end of year
- $211,634
- Net assets, end of year
- $407,078
- Land, buildings and equipment
- $65,149
- Net assets without donor restrictions
- $389,078
- Net assets with donor restrictions
- $18,000
- Gross receipts
- $680,901
- Employees
- 15
- Volunteers
- 819
- Year formed
- 1995
- State of legal domicile
- NC
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILY MANN | EXECUTIVE DI Officer | 40 | $66,500 |
| CARL BASS | DIRECTOR Trustee or director | 2 | $0 |
| COLLEEN CALLAHAN | DIRECTOR Trustee or director | 2 | $0 |
| BRANDON CARREY | DIRECTOR Trustee or director | 2 | $0 |
| VERNON FARRINGTON | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| JUDI FLEMING | SECRETARY Trustee or director, Officer | 2 | $0 |
| MELISSA LYONS | DIRECTOR Trustee or director | 2 | $0 |
| ELLIS MARTIN | DIRECTOR Trustee or director | 2 | $0 |
| ISADORE MORROW | DIRECTOR Trustee or director | 2 | $0 |
| SUSAN RIZZI | TREASURER Trustee or director, Officer | 2 | $0 |
| JIM ROBINSON | DIRECTOR Trustee or director | 2 | $0 |
| MELANIE SHAFFER | DIRECTOR Trustee or director | 2 | $0 |
| MATT SINK | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| MELISSA WALDRON | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE WHITE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAN CLIFFORD | CFO Trustee or director, Officer | 40 | $65,000 |
| COLLEEN CALLAHAN | DIRECTOR Trustee or director | 2 | $0 |
| BRANDON CARREY | DIRECTOR Trustee or director | 2 | $0 |
| VERNON FARRINGTON | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| MELISSA LYONS | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| ELLIS MARTIN | DIRECTOR Trustee or director | 2 | $0 |
| ISADORE MORROW | DIRECTOR Trustee or director | 2 | $0 |
| TREESE MOSHER | SECRETARY Trustee or director, Officer | 2 | $0 |
| DOUG MURRAY | DIRECTOR Trustee or director | 2 | $0 |
| SUSAN RIZZI | TREASURER Trustee or director, Officer | 2 | $0 |
| JIM ROBINSON | DIRECTOR Trustee or director | 2 | $0 |
| MELANIE SHAFFER | DIRECTOR Trustee or director | 2 | $0 |
| MATT SINK | DIRECTOR Trustee or director | 2 | $0 |
| MELISSA WALDRON | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE WHITE | DIRECTOR Trustee or director | 2 | $0 |
| EMILY MANN | EXECUTIVE DI Officer | 40 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAN CLIFFORD | EXECUTIVE DI Trustee or director, Officer | 40 | $65,000 |
| COLLEEN CALLAHAN | DIRECTOR Trustee or director | 2 | $0 |
| BRANDON CARREY | DIRECTOR Trustee or director | 2 | $0 |
| VERNON FARRINGTON | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| MELISSA LYONS | DIRECTOR Trustee or director | 2 | $0 |
| ELLIS MARTIN | DIRECTOR Trustee or director | 2 | $0 |
| ISADORE MORROW | DIRECTOR Trustee or director | 2 | $0 |
| TREESE MOSHER | SECRETARY Trustee or director, Officer | 2 | $0 |
| DOUG MURRAY | DIRECTOR Trustee or director | 2 | $0 |
| SUSAN RIZZI | TREASURER Trustee or director, Officer | 2 | $0 |
| MELANIE SHAFFER | DIRECTOR Trustee or director | 2 | $0 |
| MELISSA WALDRON | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE WHITE | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4537 WALPOLE RD, HIGH POINT, NC 27265-9125
- In care of
- % JAN EMERINE
- Principal officer (990 for 2025)
- EMILY MANN, 4537 WALPOLE RD, HIGH POINT, NC 27265
- Signed the 990
- EMILY MANN, EXECUTIVE DIRECTOR
- Phone
- (336) 931-1424
- Website
- HORSEPOWER.ORG
- Return prepared by
- GATEWOOD BAGLEY & HUFFMAN CPAS PC
Mission
TO PROMOTE AND ENHANCE THE WELFARE OF INDIVIDUALS WITH DISABILITIES BY PROVIDING A PROGRAM OF THERAPEUTIC, EDUCATIONAL AND RECREATIONAL VALUE, AND FURTHER, TO EMPOWER INDIVIDUALS WHO ARE MENTALLY, PHYSICALLY AND/OR EMOTIONALLY CHALLENGED THROUGH THE USE OF HORSES, WHILE PROVIDING THERAPEUTIC BENEFITS IN A SAFE AND CONTROLLED ATMOSPHERE.
Program accomplishments
- HORSEPOWER, INC. PROVIDES THERAPEUTIC HORSEBACK RIDING ACITIVITIES FOR INDIVIDUALS WITH DISABILITIES. THEY ALSO SERVE ABLE-BODIED STUDENTS IN SEVERAL CAPACITIES, INCLUDING YOUTH SUMMER CAMPS, TEAMWORK AND EQUESTRIAN INSTRUCTION THROUGH LOCAL SCHOOL PARTNERSHIPS, AND LEADING BUSINESSES IN DAYS OF CARING ACTIVITIES.Expenses $555,584 · revenue $669,574
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 | 990 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
- 56-1907424
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P80)
- Assets (IRS master file)
- $618,712
- Income (IRS master file)
- $680,901
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $680,485 | $714,729 | $618,712 | XML |
| 990 | December 2024 | $777,338 | $732,853 | $661,626 | XML |
| 990 | December 2023 | $641,020 | $607,405 | $626,953 | XML |
| 990 | December 2022 | $465,473 | $459,908 | $622,404 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 56-1907424).
Questions about HORSEPOWER INC
- What is the EIN of HORSEPOWER INC?
- The employer identification number (EIN) of HORSEPOWER INC is 56-1907424.
- Is HORSEPOWER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to HORSEPOWER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HORSEPOWER INC 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 HORSEPOWER INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HORSEPOWER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HORSEPOWER INC?
- The 990 for the year ended December 31, 2025 names EMILY MANN.
- Who are the officers and directors of HORSEPOWER INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $66,500 (EMILY MANN, EXECUTIVE DI).
- How much revenue does HORSEPOWER INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $680,485, expenses of $714,729 and total assets of $618,712 at year end.
Other nonprofits in HIGH POINT
- MARYFIELD INC EIN 58-1363950 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF HIGH POINT EIN 56-0530014 · last filed 990 for 2025
- AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION INC EIN 31-1764449 · last filed 990 for 2024
- YOUNG WOMENS CHRISTIAN ASSOCIATION OF HIGH POINT NC INC EIN 56-0579600 · last filed 990 for 2024
- CARING SERVICES INC EIN 58-2181296 · last filed 990 for 2025
- HELPING HANDS HIGH POINT EIN 27-4328095 · last filed 990 for 2025
- HORSEPOWER FOUNDATION EIN 46-3131465 · last filed 990 for 2025
- OVERTURE OUTREACH INTERNATIONAL EIN 82-0747699 · last filed 990 for 2024
All nonprofits in HIGH POINT · North Carolina · Human services