2021-12-13T07:27:52-06:00 2021-06-30 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVENUE LEXINGTON MA 02421 990 2020-07-01 043139666 LOVELANE SPECIAL NEEDS HORSEBACK RIDING PROGRAM INC LOVE 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 MEGAN DONOVAN EXECUTIVE DIRECTOR 7812591177 2021-12-13 1 MEGAN DONOVAN XXX-XX-XXXX EDWARD TAYLOR P00299025 7818626833 2021-11-18 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MEGAN DONOVAN 40 BAKER BRIDGE RD LINCOLN MA 01773 1999116 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 759359 645531 353121 476208 298970 146836 52018 52701 1463468 1321276 42240 53196 0 0 862519 766830 0 0 147126 452944 482804 1357703 1302830 105765 18446 9669212 11193700 521849 484259 9147363 10709441 TO OPERATE AND MAINTAIN A THERAPEUTIC HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 0 0 935088 53196 464308 THE ORGANIZATION PROVIDES THERAPEUTIC HORSEBACK RIDING LESSONS TO INDIVIDUALS WHO HAVE SPECIAL NEEDS AS A RESULT OF PHYSICAL, MENTAL, SOCIAL, EMOTIONAL OR LEARNING DISABILITIES 935088 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 6 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 10.00 X X 133860 0 23529 LISA BENDIXEN BOARD MEMBER 2.00 X 0 0 0 KATHLEEN K COLLINS BOARD MEMBER 2.00 X 0 0 0 JOHN DOWNING 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 JOANNA SCHMERGEL BOARD MEMBER 2.00 X 0 0 0 WIL CATLIN CHAIR OF BOD 2.00 X X 0 0 0 BETH CREAVIN VICE CHAIR 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 85763 0 23317 219623 0 46846 1 0 1 0 0 27458 618073 1599 645531 PROG.SERV.REVENUE-RELA 713990 476208 476208 476208 118687 118687 52200 0 52200 52200 52200 684665 15100 644616 27000 40049 -11900 28149 -11900 40049 6725 27458 6224 501 501 1321276 464308 0 211437 53196 53196 284414 227530 28442 28442 377729 240655 62384 74690 6195 4037 987 1171 42277 25210 7672 9395 56215 39351 7870 8994 17500 17500 38777 38777 53313 40518 5395 7400 52642 39330 6656 6656 248 248 151026 117326 33547 153 44820 37711 3384 3725 HORSE CARE 102050 102050 PROFESSIONAL FEES 22428 7926 8002 6500 1302830 935088 220616 147126 510118 436270 385605 426644 598 23775 109846 126172 4270731 2159196 2223666 2111535 6206540 8069304 232839 9669212 11193700 341574 144717 180275 339542 521849 484259 X 8738042 10320377 409321 389064 9147363 10709441 9669212 11193700 18446 1543632 0 X 0 1 X 1 0 X 1438535 444128 1473738 759588 645531 4761520 532055 546883 549028 353121 482933 2464020 1970590 991011 2022766 1112709 1128464 7225540 270403 105608 298627 59769 214584 948991 0 270403 105608 298627 59769 214584 948991 6276549 99450 123090 130300 160918 170887 684645 99450 123090 130300 160918 170887 684645 2070040 1114101 2153066 1273627 1299351 7910185 0.79350 0.73320 0.08660 0.07780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5537195 11290 1486890 7035375 5561959 6975 -31739 5537195 4880191 481519 200249 5561959 4570168 24989 285034 4880191 3995032 47033 528103 4570168 0.94496 0.05504 0 0 880452 880452 2042594 1270723 771871 197685 131517 66168 1150000 756956 393044 2111535 X 2832355 1543632 1543632 1288723 38777 -6224 32553 1321276 1270277 6224 6224 1264053 38777 38777 1302830 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 -6,224. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 6,224. RUN 4 LOVE 33887 27458 6429 6224 0 296 296 34183 27458 6725 6224 6224 501 MA 1 0 0 0 0 0 0 TUITION ASSISTANCE (REDUCED FEES FOR HORSEBACK RIDING LESSONS). 38 53196 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 133860 0 0 0 0 0 1500 0 22029 0 157389 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.