2022-12-22T12:38:00-06:00 2022-06-30 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2021-07-01 043139666 LOVELANE SPECIAL NEEDS HORSEBACK RIDING PROGRAM INC LOVE 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 WENDY BELL EXECUTIVE DIRECTOR 7812591177 2022-12-22 1 WENDY BELL XXX-XX-XXXX EDWARD TAYLOR P00299025 7818626833 2022-12-22 X 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z WENDY BELL 40 BAKER BRIDGE RD LINCOLN MA 01773 2617872 0 X WWW.LOVELANE.ORG X 1992 MA TO OPERATE AND MAINTAIN A THERAPEUTIC HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 12 11 33 194 0 0 645531 807454 476208 565668 146836 481851 52701 47900 1321276 1902873 53196 42063 0 0 766830 825703 0 0 150272 482804 606791 1302830 1474557 18446 428316 11193700 10298349 484259 556532 10709441 9741817 TO OPERATE AND MAINTAIN A THERAPEUTIC HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 0 0 1088598 42063 565668 THE ORGANIZATION PROVIDES THERAPEUTIC HORSEBACK RIDING LESSONS TO INDIVIDUALS WHO HAVE SPECIAL NEEDS AS A RESULT OF PHYSICAL, MENTAL, SOCIAL, EMOTIONAL OR LEARNING DISABILITIES. 1088598 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 0 0 0 0 0 0 0 0 0 1 8 0 1 33 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X X STEPHEN DOYLE 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 DEBBY SABIN PRESIDENT, FOUNDING DIRECT 25.00 X X 133336 0 25087 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 ALLEN FORBES BOARD MEMBER 2.00 X 0 0 0 ASHTON JONES BOARD MEMBER 2.00 X 0 0 0 ALLISON MOSKOW 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 MEGAN DONOVAN EXECUTIVE DIRECTOR 40.00 X 91293 0 25013 224629 0 50100 1 0 1 0 0 26238 33015 748201 8590 807454 PROG.SERV.REVENUE-RELA 713990 565668 565668 565668 229534 229534 52200 0 52200 52200 52200 955933 703616 252317 252317 252317 7083 26238 11383 -4300 -4300 1902873 565668 0 529751 42063 42063 300249 240198 30026 30025 407519 259852 67217 80450 7167 4717 1123 1327 55171 34308 9448 11415 55597 38918 7784 8895 2703 2703 20000 20000 47951 47951 46806 33022 5565 8219 59639 51285 4177 4177 237 237 156123 122571 33473 79 43160 38244 2362 2554 HORSE CARE 188313 188313 PROFESSIONAL FEES 41859 34870 3858 3131 1474557 1088598 235687 150272 436270 610236 426644 409468 23775 30173 126172 138300 4300280 2315319 2111535 1984961 8069304 6799590 325621 11193700 10298349 144717 56132 339542 500400 484259 556532 X 10320377 9354557 389064 387260 10709441 9741817 11193700 10298349 428316 -1395940 0 X 0 1 X 1 0 X 444128 1473738 759588 645531 807454 4130439 546883 549028 353121 482933 572751 2504716 991011 2022766 1112709 1128464 1380205 6635155 105608 298627 59769 214584 140455 819043 0 105608 298627 59769 214584 140455 819043 5816112 123090 130300 160918 170887 281734 866929 123090 130300 160918 170887 281734 866929 1114101 2153066 1273627 1299351 1661939 7502084 0.77530 0.79350 0.11560 0.08660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7035375 2875 -847922 6190328 5537195 11290 1486890 7035375 5561959 6975 -31739 5537195 4880191 481519 200249 5561959 4570168 24989 285034 4880191 0.93744 0.06256 0 0 880452 880452 2042594 1349978 692616 213234 158003 55231 1164000 807338 356662 1984961 X 470365 -1395940 -1395940 1866305 47951 -11383 36568 1902873 1437989 11383 11383 1426606 47951 47951 1474557 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 -11,383. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 11,383. RUN 4 LOVE 33113 26238 6875 11383 0 208 208 33321 26238 7083 11383 11383 -4300 MA 1 0 0 0 0 0 0 TUITION ASSISTANCE (REDUCED FEES FOR HORSEBACK RIDING LESSONS). 32 42063 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 133336 0 0 0 0 0 1500 0 23587 0 158423 0 0 0 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.