Colorado · Nonprofit
HEARTS & HORSES INC
HEARTS & HORSES INC (Colorado) receives grants from 49 organizations whose IRS filings report $3,018,923 to it, the largest being LOVELAND LONGEARS MUSEUM AND SCULPTURE PARK ($1,191,712). 27 of them have funded it in more than one year.
- Revenue FY2025
- $2.6M
- Funders on record
- 49
- Grants received
- $3.0M
- Net assets
- $5.3M
What Hearts & Horses Inc does
Mission
Equine assisted therapeutic services to individuals with disabilities and special needs.
As stated on its FY2025 Form 990.
Programs
The therapeutic riding program serves participants by teaching riding skills to participants with physical and cognitive disabilities. Our path international certified therapeutic riding instructors work with the riders to participate in a recognized sport and to develop independent skills that carry over to their everyday lives. Once they are mounted, many of our riders experience a freedom of motion and ability that they do not or cannot enjoy in other aspects of their lives.
$905,628 spentof which $248,915 as grants$326,602 earned by the program39% of program spendingThe changing leads program serves at risk youths, providing them with the opportunity to form a meaningful connection with a horse. Youth served range in age from 4-18 with a variety of diagnoses including depression, attention deficit hyperactivity disorder, conduct disorder, bipolar disorder, and posttraumatic stress disorder. Goals include building trust, respect, empathy, confidence, and positive attitudes.
$803,209 spentof which $220,765 as grants$289,666 earned by the program34% of program spendingThe veterans program serves veterans who suffer from post traumatic stress disorder (ptsd) along with a variety of other debilitating disabilities including traumatic brain injury, anxiety disorder, depression, and back pain. Veterans noted an improvement of their overall mood, a decrease in ptsd symptoms, improved overall sense of well-being, and better relations with family and friends after participating in the program.
$467,203 spentof which $128,412 as grants$168,490 earned by the program20% of program spendingOther program services, not described on the e-filed return.
$160,556 spentof which $44,129 as grants$57,902 earned by the program7% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,336,596.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $3.5M to $4.6M (+34%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 19% · 2022 2% · 2023 12% · 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.
68% of HEARTS & HORSES INC’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Janet Pollema
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 23 funders, grant income fell $372k → $285k.
13 of 49 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HEARTS & HORSES INC’s funders (the co-funder graph). Top 30 of 49 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HEARTS & HORSES INC has a broad base — no single funder exceeds 39% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
33% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HEARTS & HORSES INC.
Largest funder’s share by year: 2017 45% · 2018 50% · 2019 28% · 2020 34% · 2021 50% · 2022 42% · 2023 38% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
45% of HEARTS & HORSES INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
70% of HEARTS & HORSES INC's grant income comes from Colorado funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $844k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HEARTS & HORSES INC is better cushioned than half of the 5,002 health nonprofits its size.
this organization peer median middle 50% of peers· 5,002 health nonprofits $1M–$10M, FY2025
Government funding HEARTS & HORSES INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $60k on record.
- Department of Veterans Affairs$60k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HEARTS & HORSES INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
87%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HEARTS & HORSES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HEARTS & HORSES INC?
- HEARTS & HORSES INC (Colorado) receives grants from 49 organizations whose IRS filings report $3,018,923 to it, the largest being LOVELAND LONGEARS MUSEUM AND SCULPTURE PARK ($1,191,712). 27 of them have funded it in more than one year.
- How many funders does HEARTS & HORSES INC have?
- IRS filings report 49 organizations giving $3,018,923 in grants to HEARTS & HORSES INC, 27 of which have funded it in more than one year.
- Who is the largest funder of HEARTS & HORSES INC?
- LOVELAND LONGEARS MUSEUM AND SCULPTURE PARK is the largest funder on record, with $1,191,712 in grants. The full list of funders is on this page.
- How can an organization like HEARTS & HORSES INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 49 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing