2024-02-06T08:10:01-06:00 2023-06-30 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2022-07-01 043139666 LOVELANE SPECIAL NEEDS HORSEBACK RIDING PROGRAM INC LOVE 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 WENDY BELL EXECUTIVE DIRECTOR 7812591177 2024-02-06 1 WENDY BELL XXX-XX-XXXX 0 EDWARD TAYLOR P00299025 7818626833 2024-01-09 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WENDY BELL 40 BAKER BRIDGE RD LINCOLN MA 01773 3667877 0 X WWW.LOVELANE.ORG X 1992 MA TO OPERATE AND MAINTAIN A THERAPEUTIC HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 13 12 33 175 0 0 807454 1642467 565668 561286 481851 172694 47900 -396500 1902873 1979947 42063 62769 0 0 825703 871840 0 0 221705 606791 588488 1474557 1523097 428316 456850 10298349 10870907 556532 158056 9741817 10712851 TO OPERATE AND MAINTAIN A THERAPEUTIC HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 0 0 996940 62769 561286 THE ORGANIZATION PROVIDES THERAPEUTIC HORSEBACK RIDING LESSONS TO INDIVIDUALS WHO HAVE SPECIAL NEEDS AS A RESULT OF PHYSICAL, MENTAL, SOCIAL, EMOTIONAL OR LEARNING DISABILITIES. 996940 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 33 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X X LORI WHELAN 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 DEBBY SABIN PRESIDENT, FOUNDING DIRECT 25.00 X X 203578 0 25003 KATHLEEN K COLLINS BOARD MEMBER 2.00 X 0 0 0 JOHN DOWNING BOARD MEMBER 2.00 X 0 0 0 ABBY HEMANI BOARD MEMBER 2.00 X 0 0 0 ASHTON JONES BOARD MEMBER 2.00 X 0 0 0 AIYANA CURRIE BOARD MEMBER 2.00 X 0 0 0 SEAN O'BRIEN BOARD MEMBER 2.00 X 0 0 0 WIL CATLIN CHAIR OF BOD 2.00 X X 0 0 0 LISA BENDIXEN VICE CHAIR OF BOD 2.00 X X 0 0 0 MARK JULIEN TREASURER 2.00 X X 0 0 0 PAUL RAYMOND SECRETARY 2.00 X X 0 0 0 ROSE ANN MILLER BOARD MEMBER 2.00 X 0 0 0 HELENE POWER BOARD MEMBER 2.00 X 0 0 0 WENDY BELL EXECUTIVE DIRECTOR 40.00 X 39256 0 14058 242834 0 39061 1 0 1 0 0 833818 808649 94629 1642467 PROG.SERV.REVENUE-RELATED-990 713990 561286 561286 561286 154819 154819 27000 0 27000 27000 27000 1081276 1046443 16958 34833 -16958 17875 17875 201029 833818 624529 -423500 -423500 1979947 561286 0 -223806 62769 62769 236876 110914 62403 63559 527611 343982 92322 91307 5987 3892 299 1796 41652 10420 12625 18607 59714 35828 11943 11943 22000 22000 46330 46330 60770 28823 7827 24120 51625 43189 4218 4218 577 577 161335 122853 38403 79 37793 34671 1561 1561 HORSE CARE 162764 162764 PROFESSIONAL FEES 45294 36258 4521 4515 1523097 996940 304452 221705 610236 369169 409468 46181 30173 27221 138300 78116 4555321 2463112 1984961 2092209 6799590 7926095 325621 331916 10298349 10870907 56132 78591 500400 79465 556532 158056 X 9354557 10325591 387260 387260 9741817 10712851 10298349 10870907 456850 514184 0 X 0 1 X 1 0 X 1473738 759588 645531 807454 1748867 5435178 549028 353121 482933 572751 561286 2519119 2022766 1112709 1128464 1380205 2310153 7954297 298627 59769 214584 140455 282458 995893 0 298627 59769 214584 140455 282458 995893 6958404 130300 160918 170887 281734 181819 925658 130300 160918 170887 281734 181819 925658 2153066 1273627 1299351 1661939 2491972 8879955 0.78360 0.77530 0.10420 0.11560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6190328 6473 559890 6756691 7035375 2875 -847922 6190328 5537195 11290 1486890 7035375 5561959 6975 -31739 5537195 4880191 481519 200249 5561959 0.94268 0.05732 0 0 880452 880452 2202731 1432737 769994 276338 184690 91648 1195800 845685 350115 2092209 X 3072330 514184 514184 2558146 46330 -624529 -578199 1979947 2101296 624529 624529 1476767 46330 46330 1523097 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS AN ORGANIZATION (NOT A PRIVATE FOUNDATION) FORMED FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS ADOPTED THE GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) RELATING TO ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS, WHICH SETS A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND COULD RESULT IN ADDITIONAL DISCLOSURE. MANAGEMENT BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AS WELL AS IN MASSACHUSETTS. THE ORGANIZATION HAS A POLICY TO RECORD INTEREST AND PENALTIES (IF ANY) RELATED TO INCOME TAX EXPENSE MATTERS IN INCOME TAX EXPENSE. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -624,529. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 624,529. RUN 4 LOVE 38183 27954 10229 11425 HOEDOWN 996664 805864 190800 613104 0 1034847 833818 201029 624529 624529 -423500 MA 1 0 0 0 0 0 0 TUITION ASSISTANCE (REDUCED FEES FOR HORSEBACK RIDING LESSONS). 26 62769 DIFFERENCE BETWEEN STANDARD RATES CHARGED FOR LESSONS AND DISCOUNTED RATES HORSEBACK RIDING LESSONS ARE PROVIDED AT REDUCED RATES. 0 0 0 0 0 0 0 0 0 DEBBY SABIN PRESIDENT, FOUNDING DIRECT 203578 0 0 0 0 0 0 0 25003 0 228581 0 0 0 X FUNDRAISING SUPPLIES AND RAFFLE ITEMS 45 89748 ESTIMATED FAIR VALUE X BARN SUPPLIES AND EQUIPMENT 8 4101 ESTIMATED FAIR VALUE X OTHER 12 780 ESTIMATED FAIR VALUE 0 1 1 PART I, LINE 32B: AT TIMES THE ORGANIZATION WILL ACCEPT NON CASH CONTRIBUTIONS OF ITEMS INTENDED TO BE USED FOR THEIR PROGRAM FUNCTIONS. IF THE ITEMS TURN OUT NOT TO BE USEFUL, THEY ARE CONSIGNED TO A THIRD PARTY VENDOR TO BE RESOLD. IN PART I, COLUMN B, THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE PRESIDENT / EXECUTIVE DIRECTOR, AUDIT AND FINANCE COMMITTEE OF THE BOARD OF DIRECTORS, AND THE DIRECTOR OF ACCOUNTING AND FINANCE FOR REVIEW AND APPROVAL PRIOR TO FILING. IN ADDITION, THE BOARD OF DIRECTORS IS ALSO PROVIDED A COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY INCLUDES THE CREATION OF A SUB COMMITTEE OF THE BOARD OF DIRECTORS THAT IS RESPONSIBLE FOR REVIEW AND DISPOSITION OF CONFLICT OF INTEREST ISSUES AND RELATED PARTY TRANSACTIONS AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 15A THE SALARIES FOR THE PRESIDENT / FOUNDING DIRECTOR AND FOR THE EXECUTIVE DIRECTOR ARE ESTABLISHED WITH REFERENCE TO COMPARABLE SALARIES FOR SIMILAR POSITIONS IN THE AREA. THE ANNUAL INCREASES ARE REVIEWED AND APPROVED BY THE COMPENSATION AND BENEFITS COMMITTEE OF THE BOARD OF DIRECTORS. THE DECISIONS ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST.