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Massachusetts · Nonprofit

STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC

STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC (Massachusetts) receives grants from 25 organizations whose IRS filings report $1,753,857 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($516,000). 11 of them have funded it in more than one year.

Revenue FY2025
$1.2M
Funders on record
25
Grants received
$1.8M
Net assets
$2.6M
11/25 repeat funderspeak grant-dependency 52%
01What it does

What Strongwater Farm Therapeutic Equestrian Center Inc does

Mission

To provide a therapeutic riding facility and a premier accredited path facility through a variety of programs offered in therapeutic riding and horsemanship skills to challenged riders.

As stated on its FY2025 Form 990.

Programs

  1. Therapeutic equine programs offered to the general public for children and adults with special needs

    $792,498 spent$1,193,488 earned by the program
    98% of program spending
  2. Two hundred eighty (280) hours of therapy provided to one hundred fifty four (154) patients of tewksbury hospital free of charge

    $17,000 spent
    2% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $809,498.

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 ($456k) Expenses 100 ($429k) Net assets 100 ($1.1M)2018 Revenue 124 ($564k) Expenses 109 ($467k) Net assets 109 ($1.2M)2019 Revenue 172 ($782k) Expenses 105 ($450k) Net assets 138 ($1.6M)2020 Revenue 160 ($730k) Expenses 109 ($467k) Net assets 161 ($1.8M)2021 Revenue 178 ($812k) Expenses 158 ($678k) Net assets 173 ($2.0M)2022 Revenue 170 ($774k) Expenses 180 ($773k) Net assets 173 ($2.0M)2023 Revenue 234 ($1.1M) Expenses 200 ($856k) Net assets 207 ($2.3M)2024 Revenue 208 ($946k) Expenses 208 ($893k) Net assets 211 ($2.4M)2025 Revenue 266 ($1.2M) Expenses 235 ($1.0M) Net assets 229 ($2.6M)
'17'18'19'20'21'22'23'24'25
Revenue (266)Expenses (235)Net assets (229)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.6M to $3.1M (+88%).

$1.1M
$1.2M
$1.6M
$3.1M
$3.1M
$3.1M
$3.3M
$3.4M
$3.4M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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
2025
ContributionsProgram revenueInvestmentOther

75% of STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$27k
’17
$98k
’18
$332k
’19
$263k
’20
$135k
’21
$1k
’22
$210k
’23
$53k
’24
$203k
’25
4.0
months of
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

Starlet Baker

Executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed141517161817181717
Joined·+4+2+0+2+2+4+3+5
No longer listed·30103345
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 10 funders, grant income rose $128k → $280k.

10 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% 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 STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC’s funders (the co-funder graph). Top 24 of 25 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

STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC leans on a few funders — its largest provides 29% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

52% 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 STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC.

29%
largest funder
70%
top three
~5
effective funders

Largest funder’s share by year: 2017 51% · 2018 63% · 2019 43% · 2020 39% · 2021 61% · 2022 33% · 2023 29% — 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

38% of STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC's funders are still giving 3 years after their first grant; 44% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

92% of STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC's grant income comes from Massachusetts funders.

WI
NY
MA
CO
KY

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

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $872k 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.

04Its place in the field

Against its field

STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC runs a healthier operating margin than three-quarters of the 4,665 health nonprofits its size.

Operating margin17% · top quartile
Months of reserve4.0mo · above the median
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025

Organizations like STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER 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 Massachusetts

Nationally

05Profile & governance

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

Where the money goes

80% of spending goes to programs.

Program 80%Management 9%Fundraising 11%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

56%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER 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 STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC?
STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC (Massachusetts) receives grants from 25 organizations whose IRS filings report $1,753,857 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($516,000). 11 of them have funded it in more than one year.
How many funders does STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC have?
IRS filings report 25 organizations giving $1,753,857 in grants to STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC, 11 of which have funded it in more than one year.
Who is the largest funder of STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $516,000 in grants. The full list of funders is on this page.
How can an organization like STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 Strongwater Farm Therapeutic Equestrian Center →

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 25 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