Horse sent to Mill Creek farm Retirement not doing well!

[luvmytbs]

[QUOTE=LauraKY;7215723]
Here’s the link to the 2011 990’s. I think it should work without signing in.

http://www.guidestar.org/FinDocuments/2011/592/995/2011-592995523-089e7d8c-9.pdf

Expenses (from 2011)

Feed and hay: 86K
Fuel and travel: 7.8K
Insurance: 16K
Licenses: 321.00
Other Expenses: 87.5K

Any one besides me wonder what other expenses consist of?[/QUOTE]

$ 62,524 of the other expenses is for program service expenses, which could be:

bedding, vet care, farrier, supplements, rent (if they were leasing, which I believe they are not), utilities (such as water) and other expenses directly related to providing for the horses.

The $ 24,771 are general management expenses, such as: bookkeeping, computers, telephone, printing, advertising etc. - pretty much anything that falls under administration.

I can’t see feed and hay being that low unless they have acres and acres and acres of pastures.

[yourcolorfuladdictio]

That would put them at $71.67 per month, per horse. Not enough for feed and hay.

Edit: That’s based on the 100 horse number I read earlier.

[Sempiternal]

[QUOTE=yourcolorfuladdiction;7215867]
That would put them at $71.67 per month, per horse. Not enough for feed and hay.

Edit: That’s based on the 100 horse number I read earlier.[/QUOTE]

Out of curiosity, where are you getting this number? Apparently I’m missing something. Not that accounting was my best class…
Keeping my fingers crossed for Max!

[JWB]

[QUOTE=yourcolorfuladdiction;7215867]
That would put them at $71.67 per month, per horse. Not enough for feed and hay.

Edit: That’s based on the 100 horse number I read earlier.[/QUOTE]
Yep - that’s what I came up with too. I’ve heard numbers are actually as high as 130 but I was giving them the benefit of the doubt with a very conservative estimate.

[ReSomething]

86K divided by 100 horses divided by 12 months. I got the same result.

[Sempiternal]

[QUOTE=ReSomething;7215904]
86K divided by 100 horses divided by 12 months. I got the same result.[/QUOTE]

Thank you! I feel a little stupid right now (forgot the divide by 12 months part). How is it I can do calc and not simple algebra?

[ReSomething]

My cost in Sr feed is $.46/lb x 9 lbs/day or $4.14/day or $124/month JUST in Sr feed. Additionally are hay pellets, long stem hay, oil and supplements.

[ReSomething]

[QUOTE=Sempiternal;7215910]
Thank you! I feel a little stupid right now (forgot the divide by 12 months part). How is it I can do calc and not simple algebra?[/QUOTE] Too easy maybe?

[ReSomething]

For comparison my EZ keeper ASB cross large pony eats 1 lb of generic sweet feed and hay. $.22 per day not counting the hay.

[Sempiternal]

[QUOTE=ReSomething;7215924]
Too easy maybe?[/QUOTE]

Or just too brain dead after classes.

[JWB]

They’re also only spending (based on a very generous assumption that they only have 100 horses) $109 per horse per year for farrier. I don’t see an itemized column for specifically veterinary care, but there can’t be much budget left for it.

Are the horses getting annual coggins and routine vaccinations?

[ReSomething]

If the columns got cut off at Util . . . then Vet would be last on the list. It looks alphabetical to me.

[ReSomething]

Edit not working again. I haven’t got a ten key but Vet and Util, probably the only two left, could be extrapolated by summing up the rest and subtracting from the gross. That’d give an idea of the vet cost, supposedly they all receive dentistry once annually, that cost me about $90 each for two horses including a farm call which would become negligible per horse for 100 animals (although I’m curious just how long they spend per horse) so say out of the sum for Vet $10k is in dentistry - (unless it’s already in the expense sheet and I just missed it)

[Sempiternal]

[QUOTE=ReSomething;7215991]
Edit not working again. I haven’t got a ten key but Vet and Util, probably the only two left, could be extrapolated by summing up the rest and subtracting from the gross. That’d give an idea of the vet cost, supposedly they all receive dentistry once annually, that cost me about $90 each for two horses including a farm call which would become negligible per horse for 100 animals (although I’m curious just how long they spend per horse) so say out of the sum for Vet $10k is in dentistry - (unless it’s already in the expense sheet and I just missed it)[/QUOTE]

Which, if I did my math correctly, leaves a little over $20K for both utilities and vet care. Let’s assume none of that actually went to utilities, that’s what, $17 something per horse per month for vet care?

[ReSomething]

Yep to both, a tad over $20K and $17ish/month, which does equal $200 annually. My old guy isn’t expected to leave the property so no Coggins for him but he does get dental, deworming and basic annual vacs - more than $200 unless there’s been a volume deal made with a local vet/vet school.

[ReSomething]

Just to clarify, my old guy lives at home and I don’t expect to take him off my property so no Coggins- although I really should have a Coggins and health so he can travel even to the vet clinic.

[CVPeg]

Other good numbers! This thread has had over 12k views!!
Hoping that means movement - somehow/somewhere…

[Lynnwood]

So just for calculations sake when Max was last in our care.

He ate 3 to 5lbs of Triple Crown Senior a meal x2 a day (he didn’t like the Wellness herbal Senior) Totally depending on what he felt like eating each day.

It took him LITERALLY all day to eat am to pm he’s a nibbler so in a field with another horse I’ve got good suspicion “if” he’s being fed right amount where its going.

1lbs of ADM Healthy Glo a day

1oz of Gro Strong Minerals

One AC, a teaspoon twice daily.

As much 2nd or 3rd cutting O/A as he’d eat (this varied literally day to day based on how he was feeling) The softer the hay the better.

Turned out at night in the summer on grass although he only can nibble so we didn’t count grazing into his daily intake.

He was receiving bi annual vaccines (he didn’t travel but others on the property did) Coggins annual teeth floating.

As for Mill Creek they have 265 Acres and 135 horses so no matter how idealistic it seems that is still only 2 acres of grazing per horse. It does not appear they have any irrigation so at some point those pastures get grazed down. The property is situated on a sand hill so good for drainage bad for maintaining lush grass w/out maintenance.

Frankly as its been told to Mr.Gregory ad nauseum because of Max’s lack of quality upper incisors he doesn’t graze well enough to count grass as part of his forage requirements. Shoots that whole plan of “he’s going to live like a horse” right out of the sky.

[AliCat518]

As of March 26 of this year, they had 137 horses and in September they posted they were getting a new field ready for 20 more rescues. Ugh.

[betonbill]

Last year coastal hay rolls went for about $50 +/- each. At our barn with horses out 24/7 two hay rolls for 14 horses lasted about 3 days or so. With all of the rain this past summer, I have no idea what basic hay rolls are going to cost.

My curiosity is raised. I’ll plan on wandering over there this Saturday. No photos, unfortunately, unless I can talk someone else to come along.