Recreation & Sports
(N69Z)
IRS Verified
DX Registered
990 on File
SPECIAL METHODS IN LEARNING EQUINE SKILLS INC
Financial strength (30%)
77/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
50/100
CharityAI™ Score
Not yet evaluated
Mission Statement
SMILES transcends traditional therapeutic methods by offering individuals with special needs the joy of participating in an equine assisted program which provides social, emotional, physical and personal rewards.
Financial Overview — FY 2024
$940K
Total Revenue
$622K
Total Expenses
$1.4M
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.1%
Fundraising Efficiency
103.5%
Operating Reserve
27.93x
Liability-to-Asset
1.9%
Revenue Diversification
72.5%
Executive Compensation
$66K
Compared with Peers
FY 2024
Compared with 9,592 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.1% | 94.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.9% | 3.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
103.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.9 mo | 6.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.9% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.5% | 89.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
31.8% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.6% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
33.8% | 2.8% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Improve Independent Living Abilities, including mental and physical health benefits | 229 | $1,840.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $940K | $622K | $1.4M | 71.1% | 8 |
| 2023 | $713K | $568K | $1.1M | 70.9% | 11 |
| 2022 | $564K | $595K | $957K | 67.1% | 8 |
| 2021 | $483K | $461K | N/A | — | 6 |
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