2013-11-07T12:12:30-06:00 2013-06-30 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVE LEXINGTON MA 02420 990 2012-07-01 043139666 LOVELANE SPECIAL NEEDS HORSEBACK RIDING PROGRAM INC LOVE 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 DEBBY SABIN 7812591177 2013-11-07 1 EDWARD TAYLOR P00299025 7818626833 2013-11-05 X 2012 2016-02-24 21:20:13Z DEBBY SABIN 40 BAKER BRIDGE RD LINCOLN MA 01773 1923163 0 X WWW.LOVELANE.ORG X 1992 MA TO OPERATE AND MAINTAIN A HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 14 13 31 269 -9020 -8820 776392 1169966 508247 510627 61419 84159 -24923 -362534 1321135 1402218 72635 71956 0 0 602809 596644 2888 0 124200 376846 370045 1055178 1038645 265957 363573 6767405 7186821 419782 188698 6347623 6998123 TO OPERATE AND MAINTAIN A HORSEBACK RIDING SCHOOL FOR INDIVIDUALS WITH DISABILITIES. 0 0 685106 71956 510627 THE ORGANIZATION PROVIDES THERAPEUTIC HORSEBACK RIDING LESSONS TO INDIVIDUALS WHO HAVE SPECIAL NEEDS AS A RESULT OF PHYSICAL, MENTAL, SOCIAL, EMOTIONAL OR LEARNING DISABILITIES 685106 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 1 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 1 31 1 1 1 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 1 0 MA X X GENIE PETERSON 7812591177 40 BAKER BRIDGE ROAD LINCOLN MA 01773 JOSH BLACK 4.00 X X 0 0 0 ERIN CUMMINGS 2.00 X 0 0 0 CAROL FASSINO 2.00 X 0 0 0 WINKY KING 3.00 X 0 0 0 JOHN FOSSETT 3.00 X 0 0 0 STEVE NELSON 2.00 X 0 0 0 PETER HADELMAN 3.00 X X 0 0 0 PATTI ROSS 3.00 X 0 0 0 DEBBY SABIN 40.00 X X 106548 0 14192 BEEREL GUSTAV 2.00 X 0 0 0 MARK ROWLETTE 3.00 X X 0 0 0 HEATHER STONE 5.00 X X 0 0 0 NATE FINCH 1.00 X 0 0 0 MARK JULIEN 2.00 X 0 0 0 106548 0 14192 1 0 0 0 0 782770 387196 14846 1169966 PROG.SERV.REVENUE-RELA 713990 510627 510627 510627 84159 84159 17562 26582 -9020 -9020 -9020 89270 782770 457740 -368470 -368470 54500 36623 17877 17877 OTHER 713990 -2921 -2921 -2921 1402218 507706 -9020 -266434 71956 71956 107936 43174 32381 32381 394529 238709 107405 48415 875 491 243 141 93304 52347 25953 15004 9058 806 8252 11000 11000 29590 9445 12209 7936 5524 2762 1381 1381 59237 33288 20528 5421 104587 104029 380 178 45048 32489 8766 3793 HORSE CARE 80655 80655 PROGRAM SUPPLIES AND EX 11834 11834 FUNDRAISING EXPENSES 8787 1246 7541 PROFESSIONAL FEES 2982 1382 841 759 1743 493 1250 1038645 685106 229339 124200 697362 674857 222029 225241 174143 62500 24387 10629 805 1206 133349 26992 4017348 1108863 3011045 2908485 2265135 3067838 239150 209073 6767405 7186821 68579 130050 351203 58648 419782 188698 X 5654323 6458817 306040 152046 387260 387260 6347623 6998123 6767405 7186821 363573 286927 0 X X 0 1 X 1 0 X 1287033 766904 963769 722059 1298890 5038655 362474 466335 466402 508247 510627 2314085 1649507 1233239 1430171 1230306 1809517 7352740 413932 504618 430663 293946 383750 2026909 0 413932 504618 430663 293946 383750 2026909 5325831 28012 23253 61419 84159 196843 28012 23253 61419 84159 196843 -21989 -21989 1649507 1239262 1453424 1291725 1893676 7527594 0.70750 0.69100 0.02610 0.01700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2201526 550943 370197 3122666 1316046 817111 68369 2201526 1172245 143801 1316046 1042252 50000 79993 1172245 1251986 75350 -285084 1042252 0.87600 0.12400 0 0 880452 880452 1952110 649035 1303075 76317 69066 7251 1108469 390762 717707 2908485 X 2210090 286927 286927 1923163 -520945 -520945 1402218 1559590 520945 520945 1038645 0 1038645 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 -494,363. UNRELATED BUSINESS EXPENSES -26,582. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 494,363. UNRELATED BUSINESS EXPENSES 26,582. HOEDOWN V 783813 704543 79270 78262 32225 182745 118518 RUN 4 LOVE 85692 75692 10000 45565 1 2535 2535 425 872040 782770 89270 78262 32225 182745 164508 457740 -368470 54500 36623 1 1.00000 54500 36623 36623 17877 MA 1 0 1 0 0.00000 1.00000 GENIE PETERSON 40 BAKER BRIDGE ROAD LINCOLN MA 01773 0 0 0 TUITION ASSISTANCE (REDUCED FEES FOR HORSEBACK RIDING LESSONS). 52 71956 DIFFERENCE BETWEEN STANDARD RATES CHARGED FOR LESSONS AND DISCOUNTED RATES HORSEBACK RIDING LESSONS ARE PROVIDED AT REDUCED RATES. STEVE NELSON BOARD MEMBER 1320 TUITION ASSISTANCE DEBBY SABIN ED & BOARD MEMBER 380 DISOUNTED SERVICES X 2 28446 FAIR VALUE ON BROKER STM X BARN SUPPLIES, EQUESTRIAL EQUIPMENT 7 1127 ESTIMATED FAIR VALUE ON DATE RECEIVED X FUNDRAISING SUPPLIES AND RAFFLE ITEMS 57 31823 ESTIMATED FAIR VALUE ON DATE RECEIVED X PROFESSIONAL SERVICES 2 8252 ESTIMATED FAIR VALUE ON DATE RECEIVED X OTHER 4 5280 ESTIMATED FAIR VALUE ON DATE RECEIVED 0 1 1 THIRD PARTY USE: 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 15 THE SALARY FOR THE PRESIDENT 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. THE PRESIDENT IS THE ONLY COMPENSATED OFFICER AND/OR KEY EMPLOYEE. THE ORGANIZATION'S OTHER OFFICERS ARE NOT COMPENSATED AND THERE ARE NO OTHER EMPLOYEES THAT ARE PAID THE $150K OR MORE THAT THAT WOULD QUALIFY THEM AS KEY EMPLOYEES. ALL OTHER EMPLOYEE SALARY INCREASES ARE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IF PART OF MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 2C: 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.