Skip to content

New Jersey · Nonprofit

SHADOW EQUESTRIAN INC

SHADOW EQUESTRIAN INC (New Jersey) receives grants from 3 organizations whose IRS filings report $69,550 to it, the largest being SALEM HEALTH AND WELLNESS FOUNDATION INC ($60,000). 3 of them have funded it in more than one year.

Revenue FY2024
$80k
Funders on record
3
Grants received
$70k
Net assets
$17k
3/3 repeat funderspeak grant-dependency 39%
01What it does

What Shadow Equestrian Inc does

Mission

Provid low cost theraputic horseback riding instruction for physically & mentally challenged children

As stated on its FY2024 Form 990-EZ.

Programs

  1. Provid low cost theraputic horseback riding instruction for physically & mentally challenged children

  2. Provid low cost theraputic horseback riding instruction for physically & mentally challenged children

    $410 spent
    1% of program spending
  3. Provid low cost theraputic horseback riding instruction for physically & mentally challenged children

    $80,426 spent
    99% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $80,836.

02The organization over time

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.

100 = 20172017 Revenue 100 ($78k) Expenses 100 ($89k) Net assets 100 ($17k)2018 Revenue 101 ($78k) Expenses 90 ($81k) Net assets 87 ($15k)2019 Revenue 105 ($82k) Expenses 89 ($80k) Net assets 98 ($17k)2020 Revenue 80 ($62k) Expenses 67 ($60k) Net assets 115 ($19k)2021 Revenue 69 ($54k) Expenses 62 ($55k) Net assets 108 ($18k)2022 Revenue 88 ($69k) Expenses 83 ($74k) Net assets 78 ($13k)2023 Revenue 106 ($82k) Expenses 92 ($82k) Net assets 79 ($13k)2024 Revenue 103 ($80k) Expenses 85 ($76k) Net assets 102 ($17k)
'17'18'19'20'21'22'23'24
Revenue (103)Expenses (85)Net assets (102)Peer revenue range

Balance sheet

Total assets at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $18k to $13k (−28%).

$17k
$15k
$17k
$19k
$18k
$13k
$13k
$17k
'17'18'19'20'21'22'23'24
Total assets

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

48% of SHADOW EQUESTRIAN INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 19,498 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$11k
’17
−$2k
’18
$2k
’19
$3k
’20
−$1k
’21
−$5k
’22
$262
’23
$4k
’24
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $100 → $21k.

From the IRS filings of SHADOW EQUESTRIAN INC’s funders (the co-funder graph). 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

SHADOW EQUESTRIAN INC leans on a few funders — its largest provides 86% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

86%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2022 74% · 2023 95% — 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.

Where its funders are

97% of SHADOW EQUESTRIAN INC's grant income comes from New Jersey funders.

NJ
TN

In-state vs out-of-state, by year

’19
’20
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

SHADOW EQUESTRIAN INC runs a healthier operating margin than half of the 14,851 human services nonprofits its size.

Operating margin5% · above the median
Revenue growth (annualized)0% · above the median

this organization peer median middle 50% of peers· 14,851 human services nonprofits under $100k, FY2024

Organizations like SHADOW EQUESTRIAN 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 New Jersey

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

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 SHADOW EQUESTRIAN 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 SHADOW EQUESTRIAN INC?
SHADOW EQUESTRIAN INC (New Jersey) receives grants from 3 organizations whose IRS filings report $69,550 to it, the largest being SALEM HEALTH AND WELLNESS FOUNDATION INC ($60,000). 3 of them have funded it in more than one year.
How many funders does SHADOW EQUESTRIAN INC have?
IRS filings report 3 organizations giving $69,550 in grants to SHADOW EQUESTRIAN INC, 3 of which have funded it in more than one year.
Who is the largest funder of SHADOW EQUESTRIAN INC?
SALEM HEALTH AND WELLNESS FOUNDATION INC is the largest funder on record, with $60,000 in grants. The full list of funders is on this page.
How can an organization like SHADOW EQUESTRIAN INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Shadow Equestrian →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 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 14, 2026. What this page cannot tell you · view filing