2018-11-08T12:21:19-06:00 2018-06-30 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVE LEXINGTON MA 02420 990 2017-07-01 043139666 LOVELANE SPECIAL NEEDS HORSEBACK RIDING PROGRAM INC LOVE 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 DEBBY SABIN EXECUTIVE DIRECTOR & FOUNDER 7812591177 2018-11-08 1 EDWARD TAYLOR P00299025 7818626833 2018-11-06 X 207.180.136.226 2018-11-08 12:20:47 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 FD1DCC880775A2FD17E3F532E25FA4D0727761B1 2017 2019-02-21 02:37:17Z DEBBY SABIN 40 BAKER BRIDGE RD LINCOLN MA 01773 1273625 0 X WWW.LOVELANE.ORG X 1992 MA TO OPERATE AND MAINTAIN A THERAPEUTIC HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 11 10 29 208 0 0 1360302 453763 532055 546883 99450 217120 -230660 45936 1761147 1263702 47986 55805 0 0 704878 764666 0 0 177740 416711 449124 1169575 1269595 591572 -5893 8629779 9022010 266966 500778 8362813 8521232 TO OPERATE AND MAINTAIN A THERAPEUTIC HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 0 0 873269 55805 546883 THE ORGANIZATION PROVIDES THERAPEUTIC HORSEBACK RIDING LESSONS TO INDIVIDUALS WHO HAVE SPECIAL NEEDS AS A RESULT OF PHYSICAL, MENTAL, SOCIAL, EMOTIONAL OR LEARNING DISABILITIES 873269 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 4 0 1 29 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 X 11 10 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 GRETCHEN ALBERTINI SECRETARY 2.00 X X 0 0 0 WIL CATLIN BOARD MEMBER 2.00 X 0 0 0 JOHN DOWNING BOARD MEMBER 2.00 X 0 0 0 DEBBY SABIN EXECUTIVE DIRECTOR & FOUNDER 40.00 X X 135000 0 19440 GUSTAV BEEREL CHAIR OF BOD 2.00 X X 0 0 0 BETH CREAVIN VICE CHAIR 2.00 X X 0 0 0 ROSE ANN MILLER BOARD MEMBER 2.00 X 0 0 0 MARK JULIEN TREASURER 2.00 X X 0 0 0 SUSAN PAYNE BOARD MEMBER 2.00 X 0 0 0 JOANNA SCHMERGEL BOARD MEMBER 2.00 X 0 0 0 KATHLEEN K COLLINS BOARD MEMBER 2.00 X 0 0 0 135000 0 19440 1 0 1 0 0 29366 424397 19071 453763 PROG.SERV.REVENUE-RELA 713990 546883 546883 546883 123090 123090 51000 0 51000 51000 51000 94030 0 94030 94030 94030 9436 29366 9923 -487 -487 OTHER 713990 -4577 -4577 -4577 1263702 542306 0 267633 55805 55805 158540 126840 15850 15850 467955 285481 80172 102302 7491 4670 1247 1574 81971 51101 13633 17237 48709 31846 7545 9318 16500 16500 30017 30017 54631 38149 683 15799 7944 2648 2648 2648 38852 25856 7992 5004 591 436 100 55 144444 113276 30062 1106 45156 35660 7518 1978 HORSE CARE 94716 94716 PROFESSIONAL FEES 16023 6785 4619 4619 BAD DEBT 250 250 1269595 873269 218586 177740 457839 559188 588864 413572 101131 50000 44506 15689 23727 91956 4170169 1721096 2510493 2449073 4640735 5156140 262484 286392 8629779 9022010 186873 170579 80093 330199 266966 500778 X 7870222 8074472 105331 59500 387260 387260 8362813 8521232 8629779 9022010 -5893 164312 0 X 0 1 X 1 0 X 691836 1081454 626888 1438535 444128 4282841 506106 484924 479085 532055 546883 2549053 1197942 1566378 1105973 1970590 991011 6831894 327210 366667 279401 270403 105608 1349289 0 327210 366667 279401 270403 105608 1349289 5482605 85719 81868 93580 99450 123090 483707 85719 81868 93580 99450 123090 483707 1283661 1648246 1199553 2070040 1114101 7315601 0.74940 0.74400 0.06610 0.05490 X 4570168 24989 285034 4880191 3995032 47033 528103 4570168 3841757 180869 -27594 3995032 3704030 15776 121951 3841757 3122666 35271 546093 3704030 0.92060 0.07940 0 0 880452 880452 2032182 1034104 998078 114735 73681 41054 1142800 613311 529489 2449073 X 1407920 164312 164312 1243608 30017 -9923 20094 1263702 1249501 9923 9923 1239578 30017 30017 1269595 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FASB ASC TOPIC 740 RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC TOPIC 740 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. THE IMPLEMENTATION OF THE GUIDANCE IN TOPIC 740 DID NOT RESULT IN ANY UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -9,923. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 9,923. RUN 4 LOVE 38802 29366 9436 9923 0 38802 29366 9436 9923 9923 -487 MA 1 0 0 0 0 0 0 TUITION ASSISTANCE (REDUCED FEES FOR HORSEBACK RIDING LESSONS). 37 55805 DIFFERENCE BETWEEN STANDARD RATES CHARGED FOR LESSONS AND DISCOUNTED RATES HORSEBACK RIDING LESSONS ARE PROVIDED AT REDUCED RATES. X 0 0 0 0 0 0 0 0 0 DEBBY SABIN EXECUTIVE DIRECTOR & FOUNDER 135000 0 0 0 0 0 1500 0 17940 0 154440 0 0 0 X BARN SUPPLIES, EQUESTRIAL EQUIPMENT 11 18795 ESTIMATED FAIR VALUE X FUNDRAISING SUPPLIES AND RAFFLE ITEMS 14 10886 ESTIMATED FAIR VALUE X OTHER 4 276 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 FINANCE AND ACCOUNTING MANAGER 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 SALARY FOR THE PRESIDENT / EXECUTIVE DIRECTOR IS ESTABLISHED WITH REFERENCE TO COMPARABLE SALARIES FOR SIMILAR POSITIONS IN THE AREA. THE ANNUAL INCREASE IS REVIEWED AND APPROVED BY THE COMPENSATION AND BENEFITS COMMITTEE OF THE BOARD OF DIRECTORS. THE DECISION IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST.