Charity Search / EQUINE DREAMS
Human Services (P80) IRS Verified DX Registered 990 on File

EQUINE DREAMS

EIN: 36-4300398 · NEWARK, IL 60541-6701 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 92/100
Reliability (20%) 55/100
Effectiveness (25%) 90/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

Our faith enables us to nurture abilities in individuals with special needs. Equine Dreams is a 501c3 organization that provides Therapeutic Equine Assisted Activities to improve independence and quality of life for children and adults with special needs. Founded in 1996 by a special needs parent, Equine Dreams evolved from a pilot program to a Premier Accredited Center by the Professional Association of Therapeutic Horsemanship International (PATH, Intl,). Equine Dreams offers free services because our vision is to see individuals with special needs experience life-long learning in order to foster independence, regardless of ability and income.

Financial Overview — FY 2023
$519K
Total Revenue
$407K
Total Expenses
$1.7M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.9%
Fundraising Efficiency N/A
Operating Reserve 49.46x
Liability-to-Asset 0.0%
Revenue Diversification 90.5%
Executive Compensation $0
Compared with Peers
FY 2023
Compared with 20,874 similar organizations (United States, Human Services, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.9% 86.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
13.0% 10.4%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.1% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
49.5 mo 8.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 1.8%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
90.5% 96.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
2.4% 7.2%
P10P90
Expense growth
Year over year expense growth
-1.5% 11.5%
P10P90
Surplus margin
Surplus as a share of revenue
21.6% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $519K $407K $1.7M 85.9% 1
2022 $506K $413K $1.6M 86.9% 1
2021 $710K $341K N/A 1
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Organization Details
EIN
36-4300398
State
IL
City
NEWARK
ZIP
60541-6701
Classification
P80
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1996
Foundation Code
15
Form 990
On File
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