Nonprofit · EIN 95-3774003
PEGASUS RIDING ACADEMY FOR THE HANDICAPPED
Tax-exempt · PALM DESERT, CA 92255
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $307,891 | $461,657 | -$153,766 | $575,812 | $160,113 | $415,699 |
| December 31, 2023 | 990 | $333,426 | $391,604 | -$58,178 | $723,358 | $165,467 | $557,891 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $327,963
- Program service revenue
- $0
- Investment income
- -$28,326
- Net gain from sales of assets
- -$40,726
- Net income from fundraising events
- $5,861
- Other revenue
- $8,254
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $93,222
- Other salaries and wages
- $158,463
- Salaries, compensation and benefits (total)
- $281,435
- Professional fundraising fees
- $0
- Legal fees
- $9,485
- Accounting fees
- $5,963
- Depreciation
- $5,288
- Program services (functional)
- $254,166
- Management and general (functional)
- $157,038
- Fundraising (functional)
- $50,453
Balance sheet and other
- Total assets, start of year
- $742,848
- Total assets, end of year
- $575,812
- Total liabilities, end of year
- $160,113
- Net assets, end of year
- $415,699
- Land, buildings and equipment
- $248,818
- Publicly traded securities
- $242,104
- Net assets without donor restrictions
- $405,699
- Net assets with donor restrictions
- $10,000
- Gross receipts
- $374,071
- Employees
- 4
- Volunteers
- 100
- Year formed
- 1982
- State of legal domicile
- CA
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 |
|---|---|---|---|
| Jennifer Heggie | Executive Dir. Officer | 40 | $93,222 |
| Rex Buck Pruett | Chairman Trustee or director, Officer | 6 | $0 |
| Andrew Andy Dye | Vice President Trustee or director, Officer | 2.5 | $0 |
| Kelly Scarinci | Treasurer Trustee or director, Officer | 4 | $0 |
| Jon-Marc Blalock CPFA | Director Trustee or director | 1 | $0 |
| Penny Carpenter | Director Trustee or director | 1 | $0 |
| David Perez | Director Trustee or director | 8 | $0 |
| Heath Scarinci | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rex Buck Pruett | Chairman Trustee or director, Officer | 3 | $0 |
| Andrew Andy Dye | Vice President Trustee or director, Officer | 1.5 | $0 |
| Kelly Scarinci | Treasurer Trustee or director, Officer | 2 | $0 |
| Jon-Marc Blalock CPFA | Director Trustee or director | 0.5 | $0 |
| Penny Carpenter | Director Trustee or director | 0.5 | $0 |
| David Perez | Director Trustee or director | 17 | $0 |
| Courtney Romanski | Director Trustee or director | 1 | $0 |
| Heath Scarinci | Director Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 13508, PALM DESERT, CA 92255-3508
- Principal officer (990 for 2024)
- Rex Buck Pruett, 20555 Mountain View Rd, Desert Hot Springs, CA 92241
- Signed the 990
- Rex Buck Pruett, Chairman
- Phone
- (760) 772-3057
- Website
- www.pegasusridingacademy.org
- Return prepared by
- Nicole Taylor CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 95-3774003 or by the name PEGASUS RIDING ACADEMY FOR THE HANDICAPPED.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Elevating the capabilities of kids and adults with disabilities through therapeutic horseback riding.
Program accomplishments
- Pegasus Therapeutic Riding is a place where children and adults of all ages and with all types of disabilities can come for a full range of motion exercise on horseback, equine assisted therapy. The walking motion of the horse's body, against human legs, massages all the muscles used in the human walk, and is an inspiring and exciting experience for those whose life is spent in a wheelchair or with disabilities. Each rider is gently eased into a program of physical exercise geared to their needs. Immobility causes good muscles to atrophy which leads to further problems for a disabled person. At Pegasus, we try to strengthen the muscles and joints with these exercises along with the effort required in mounting, dismounting and riding a horse. Our program offers psychological and emotional benefits such as learning to concentrate, the discipline of following directions and a sense of accomplishment at being able to steer a large animal. Most autistics have difficulty bonding with people, a short attention span and most do not communicate. At Pegasus autistics are able to bond with an animal and volunteers, developing trust and confidence. In the riding arena many of them are suddenly attentive and some have found ways to communicate. Riders feel a sense of accomplishment by achieving certain goals. The interaction with the volunteers and the horse also help the riders socializing skills. At Pegasus we look to the ABILITY of a person rather than the DISABILITY. At Pegasus, we believe everyone is worthy and we know that MIRACLES DO HAPPEN, we see them every time we take a person out of a wheelchair and put them on a horse. About Our Clients: Riders/Clients come from the Coachella Valleys Unified School Districts special needs classes. Pegasus pays to bus these riders to and from our facility during the week. Other riders/clients are referred from Angel View Crippled Children's Foundation, Desert Arc, Autism Association, and ACT for MS. We also have classes for preschool and home school children, and we get referrals from Loma Linda and private practice doctors.Expenses $254,166
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
- 95-3774003
- 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
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $575,812
- Income (IRS master file)
- $374,071
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $307,891 | $461,657 | $575,812 | XML |
| 990 | December 2023 | $333,426 | $391,604 | $723,358 | XML |
| 990 | December 2022 | $286,316 | $414,673 | $773,065 | 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 95-3774003).
Questions about PEGASUS RIDING ACADEMY FOR THE HANDICAPPED
- What is the EIN of PEGASUS RIDING ACADEMY FOR THE HANDICAPPED?
- The employer identification number (EIN) of PEGASUS RIDING ACADEMY FOR THE HANDICAPPED is 95-3774003.
- Is PEGASUS RIDING ACADEMY FOR THE HANDICAPPED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to PEGASUS RIDING ACADEMY FOR THE HANDICAPPED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEGASUS RIDING ACADEMY FOR THE HANDICAPPED 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 PEGASUS RIDING ACADEMY FOR THE HANDICAPPED 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 PEGASUS RIDING ACADEMY FOR THE HANDICAPPED 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 PEGASUS RIDING ACADEMY FOR THE HANDICAPPED?
- The 990 for the year ended December 31, 2024 names Rex Buck Pruett.
- Who are the officers and directors of PEGASUS RIDING ACADEMY FOR THE HANDICAPPED?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $93,222 (Jennifer Heggie, Executive Dir.).
- How much revenue does PEGASUS RIDING ACADEMY FOR THE HANDICAPPED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $307,891, expenses of $461,657 and total assets of $575,812 at year end.
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