2015-11-02T13:07:45-06:00 2015-06-30 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVE LEXINGTON MA 02420 990 2014-07-01 043139666 LOVELANE SPECIAL NEEDS HORSEBACK RIDING PROGRAM INC LOVE 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 DEBBY SABIN EXECUTIVE DIRECTOR 7812591177 2015-11-02 1 EDWARD TAYLOR P00299025 7818626833 2015-10-23 X 2014 2016-03-07 17:11:31Z DEBBY SABIN 40 BAKER BRIDGE RD LINCOLN MA 01773 1688483 0 X WWW.LOVELANE.ORG X 1992 MA TO OPERATE AND MAINTAIN A HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 14 13 30 357 0 0 691354 1001670 506106 484924 85719 81868 -91288 -309859 1191891 1258603 72230 48412 0 0 718618 795155 0 0 286440 399669 487929 1190517 1331496 1374 -72893 7944798 7828371 484781 401020 7460017 7427351 TO OPERATE AND MAINTAIN A HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 0 0 810584 48412 484924 THE ORGANIZATION PROVIDES THERAPEUTIC HORSEBACK RIDING LESSONS TO INDIVIDUALS WHO HAVE SPECIAL NEEDS AS A RESULT OF PHYSICAL, MENTAL, SOCIAL, EMOTIONAL OR LEARNING DISABILITIES 810584 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 15 0 30 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X STEPHEN DOYLE 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 CAROL FASSINO BOARD MEMBER 2.00 X 0 0 0 WINKY KING BOARD MEMBER 3.00 X 0 0 0 GRETCHEN ALBERTINI BOARD MEMBER 2.00 X 0 0 0 PETER HADELMAN BOARD MEMBER 3.00 X 0 0 0 JOHN DOWNING BOARD MEMBER 2.00 X 0 0 0 DEBBY SABIN EXECUTIVE DIRECTOR 40.00 X X 134024 0 47466 BEEREL GUSTAV CHAIR OF BOD 5.00 X X 0 0 0 MARK ROWLETTE SECRETARY 3.00 X X 0 0 0 HEATHER STONE BOARD MEMBER 2.00 X 0 0 0 NATE FINCH BOARD MEMBER 1.00 X 0 0 0 JANE J LIN BOARD MEMBER 2.00 X 0 0 0 ROSE ANN MILLER BOARD MEMBER 2.00 X 0 0 0 JOE SILVA BOARD MEMBER 2.00 X 0 0 0 MARK JULIEN TREASURER 2.00 X X 0 0 0 134024 0 47466 1 0 1 0 0 689421 312249 42593 1001670 PROG.SERV.REVENUE-RELATED-990 713990 484924 484924 484924 81868 81868 33133 0 33133 33133 33133 102377 689421 429880 -327503 -327503 OTHER 713990 -15489 -15489 -15489 1258603 469435 0 -212502 48412 48412 170135 119095 17013 34027 489946 242630 74738 172578 7829 4290 1088 2451 127245 69730 17687 39828 28334 28334 11500 11500 46948 16507 11972 18469 3000 3000 56622 35516 12080 9026 128025 102285 25434 306 72268 54252 11613 6403 HORSE CARE 97498 97498 PROFESSIONAL FEES 24776 1568 19913 3295 PROGRAM SUPPLIES AND EX 17614 17614 TRAVEL 1344 1187 100 57 1331496 810584 234472 286440 664712 500829 182113 152936 220294 149155 12227 201913 1786 500 88037 18809 4001878 1328250 2811827 2673628 3705076 3877770 258726 252831 7944798 7828371 121463 128705 363318 272315 484781 401020 X 6930938 6864461 141819 175630 387260 387260 7460017 7427351 7944798 7828371 -72893 40227 0 X X 0 1 X 1 0 X 963769 722059 1298890 691836 1081454 4758008 466402 508247 510627 506106 484924 2476306 1430171 1230306 1809517 1197942 1566378 7234314 430663 293946 383750 327210 366667 1802236 0 430663 293946 383750 327210 366667 1802236 5432078 23253 61419 84159 85719 81868 336418 23253 61419 84159 85719 81868 336418 1453424 1291725 1893676 1283661 1648246 7570732 0.71750 0.69270 0.04440 0.03950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3704030 15776 121951 3841757 3122666 35271 546093 3704030 2201526 550943 370197 3122666 1316046 817111 68369 2201526 1172245 143801 1316046 0.89900 0.10100 0 0 880452 880452 1970617 801774 1168843 61340 54713 6627 1089469 471763 617706 2673628 X 1728710 40227 40227 1688483 -429880 -429880 1258603 1761376 429880 429880 1331496 0 1331496 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 -429,880. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 429,880. HOEDOWN VI 692941 603511 89430 420933 RUN 4 LOVE 74102 61155 12947 8947 0 767043 664666 102377 429880 429880 -327503 MA 1 0 0 0 0 0 0 TUITION ASSISTANCE (REDUCED FEES FOR HORSEBACK RIDING LESSONS). 39 48412 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 134024 0 0 0 0 0 36111 0 11355 0 181490 0 0 0 X FUNDRAISING SUPPLIES AND RAFFLE ITEMS 84 41917 ESTIMATED FAIR VALUE X PROFESSIONAL SERVICES 3 28070 ESTIMATED FAIR VALUE X BARN SUPPLIES, EQUESTRIAL EQUIPMENT 9 14502 ESTIMATED FAIR VALUE X OTHER 2 520 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. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE PRESIDENT, 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. 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 EXECUTIVE DIRECTOR IS ESTABLISHED WITH REFERENCE TO COMPARABLE SALARIES FOR SIMILAR POSITIONS IN THE AREA. THE ANNUAL INCREASE IS REVIEWED AND APPROVED BY THE EXECUTIVE 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. FORM 990, PART XII, LINE 2C (PAGE 12): THE ORGANIZATION'S AUDIT AND FINANCE COMMITTEE OVERSEES THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE BOARD OF DIRECTORS APPROVES THE FINANCIAL STATEMENTS BEFORE ISSUANCE.