Better Business Bureau Report for
SIRE, Houston's Therapeutic Equestrian Center

Better Business Bureau Report issued June 2011
Better Business Bureau Report expires June 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: SIRE, Houston's Therapeutic Equestrian Center
Address: 24161 Spring Drive
  Hockley, TX 77447
Phone: 281-356-7588
Web Address: www.sire-htec.org
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Better Business Bureau Comments

Year, State Incorporated: 1985, Texas
Affiliates: None
Stated Purpose: To improve the quality of life for people with disabilities using therapeutic horseback riding and other related activities.

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Evaluation Conclusions

              

SIRE, Houston's Therapeutic Equestrian Center (SIRE- HTEC) meets the 20 Standards for Charity Accountability.
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Programs

              

SIRE, Houston Therapeutic Equestrian Center has provided therapeutic services to children and adults with a wide variety of disabilities since 1983. Primary counties served are Harris, Montgomery, Waller, and Ft. Bend. Activities include therapeutic horseback riding, therapeutic vaulting, carriage driving, hippotherapy, competitions, and a summer camp. SIRE provided services to 200 clients weekly in 2009.

For the fiscal year ended December 31, 2009, SIRE- HTEC's program expenses were:

  
Total: 799,462
Total Program Expenses: $799,462
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Governance

              

Chief Executive : James L. Williams, Executive Director
Compensation*:
$71,225

Chair of the Board: Fred H. Arnold
Chair's Profession / Business Affiliation: Coco-Cola North America, Minute Maid Business Unit, Manager

Board Size: 15

Paid Staff Size: 23

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, planned giving arrangements
Fund raising costs were 15% of related contributions. (Related contributions, which totaled $562,042, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on SIRE- HTEC's IRS Form 990 for the fiscal year ended December 31, 2009.

Source of Funds  
Contributions and grants 317,694
Tuition 287,256
Special events, net of direct donor benefit cost of $134,777 244,348
Other income 17,134
Investment income -63
Total Income $866,369


chart



Uses of Funds as a % of Total Expenses

Programs: 78%  Fund Raising: 8%  Administrative: 14% 

Total income   $866,369
  Program expenses $799,462
  Fund raising expenses 82,966
  Administrative expenses 139,387
 
Total expenses   $1,021,815
Expenses in Excess of Income   (155,446)
Beginning net assets   1,499,660
Ending net assets   1,344,214
Total liabilities   7,893
Total assets   $1,352,107


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Complaints

              

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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