2005 Annual Report

From the President

Dear Friends, Supporters, Donors, and Adopters,

Finally, I am finding time to write this letter and put this 2005 annual report together. I realize that
I am about 6 months behind, but can only say that life and work got in the way of a more timely
annual report! 2005 was a busy year at Knick O'Time Horse Rescue and Rehabilitation (KOTHRR).

Way back in January, 2005, Stephanie Wendorf and I decided that the time was right to begin the
process of creating a non-profit horse rescue. We worked very hard on our application. By April,
we had achieved our 501(c)3 status from the Internal Revenue Service. Before we even had all our
board members on board, or should I say 'in the saddle', we had our first rescued horses! Now we
were off and running!

Our goal for 2005 was to rescue 2 horses a month. By December, we had rescued 16 horses (more
on these lovely, lucky horses later in the annual report). And the really wonderful news is that we
were able to find homes for 14 of them! These horses came from a variety of circumstances. Some
were surrendered by their owners for a number of reasons. Others came from a Premarin rescue
facility. We also got horses at the auction, from the slaughter yard, and private purchase. Their
ages ranged from 4 months to the late-twenties! Each of these horses was ready and deserving of a
second chance and life in a good home. Some needed rehabilitation, all needed another living
situation.

This was also a year for building relationships. We received a horse that had been donated to a
local therapeutic riding center, but just was not suited for that work. We were able to find a good
adoptive home for him, where he is now a pleasure horse, living in someone's back yard pasture.
We have approved Rocky Mountain Equi-Rhythm as a foster care facility for KOTHRR horses.
They provide equine-assisted therapy to at-risk and vulnerable youth and teens.

2005 was a busy year! 2006 appears to be even busier! I am very pleased with the progress we
have made. And thank you so much to all of you who have donated time, money, horses, and
in-kind donations. Without you, we could not have rescued and rehabilitated as many horses as
we did. And that is what it is all about - the welfare of the horse!

Thanks again to everyone who helped make our first year successful!

Nancy Cebula
President, Board of Trustees

KOTHRR Board Members KOTHRR Volunteers

Ginny Carr                                           Aspen Leaf Riders 4H Club
Nancy Cebula                                      Members and Parents
Nancy Reilly                                        Stacy Barton
Stephanie Wendorf                               Ruth Schrock
                                                            Sara Stubbs

Program Information and Highlights

Here are some highlights from our first year of operation.

Rescues

We are very pleased that we were able to rescue sixteen horses in eight months of operation. These
horses came from private owners who surrendered them for a number of reasons, from auctions
(where we outbid the slaughter yard buyers), from the slaughter yard, and through private sales
(where the owners could not afford to give the horse away, but did not want them to go to auction
and risk that they would end up at the slaughter yard).

2005 Horses:
"Inca" registered chestnut gelding ADOPTED
"Spirit" grade bay mare ADOPTED
"Clover" grade bay filly ADOPTED
"Breeze"/”Dolly” grade sorrel filly ADOPTED
"Maybelle" large black pony mare ADOPTED
"Shifter" graderoan gelding ADOPTED
"Red" grade yearling sorrel filly ADOPTED
"Dash" registered roanmedium pony mare ADOPTED
"Gracie" registered draft mare ADOPTED
"Norm" grade sorrel gelding PENDING
"Uno" grade chestnut appaloosa colt PENDING
"Lahdi" registered sorrel gelding ADOPTED
"Phar-Side" registered bay gelding ADOPTED
"Two" registeredtobiano mare ADOPTED
"Smoothie" registered dun filly ADOPTED
"Izzy" gradebay filly ADOPTED

Adoptions

Fourteen of the sixteen horses rescued were placed in caring, approved adoptive homes in 2005.
One of the horses who was not adopted is in a longer-term rehabilitation program. We are sure
that Norm will become available for adoption in 2006. One foal's adoption was pending at the end
of 2005.

Inca Program

In the Inca Program, KOTHRR (Knick O'Time Horse Rescue and Rehabilitation) retains ownership
of the horse throughout his/her lifetime.The adoption fees are reduced by 50% for the horses that
are placed through this program.

Through the Inca program, owners of private surrender horses can request that their horses be
placed into loving andapproved homes, with KOTHRR retaining ownership throughout the
lifetime of the horse. This way, the horses get the opportunity to find wonderful homes,without the
risk of ever ending up bouncing from home to home, at an auction, going to slaughter, etc.

While our regular adoption contract does specifically request that the horses be returned to us in the
event that the adoptersare no longer able/willing to keep them, the Inca Program guarantees that
they may never be resold, as the ownershipis never transferred.

Fundraising Efforts

In 2005, KOTHRR participated in the following fundraising 'events'

A Tupperware Fundraising 'Non-Party'

With help from Nancy Intermill (in Nebraska!), we held a small Tupperware non-party. Thanks
to Sharon Mihalic and Beth Cole for sharing the Tupperware books with so many friends and
co-workers!

Donated Tack

Thanks to all of you who donated used tack and horse equipment. Sales of these items provide a
small, but steady, source of income to buy feed and services for the horses.

2006 KOTHRR Calendar

A major endeavor in 2005 was the production of the 2006 KOTHRR Calendar. Thanks to Nancy
Reilly, board member and photo-wizard, we were able to create a beautiful calendar, full of
gorgeous pictures of rescued horses. We printed 200 calendars and sold 197 of them! And the
printing was sponsored by one of our generous donors, so all the proceeds went to care for the
horses!

And thanks to Fox Creek Mobile Equine Outfitter, Boulder Horse and Rider, and Make Scents for 'selling'
calendars for us!

Grant Writing

We began the development of a grant writing program in 2005. As it often takes two to three
years of work to be considered by granting authorities, we will continue with this endeavor, taking
the long view of our efforts.

Private Donations

We are very pleased that we were able to raise enough money to sustain our efforts in 2005,
through both cash (check) and in-kind donations from private individuals and foundations.
Thanks to all of you! (Please see the list of donors in this annual report.)

Donors

THANK YOU THANK YOU THANK YOU
We couldn't have done it without your generosity!

Cash Donations

Sharon & Joe Jogerst, Angel Winds LLC
Nancy Cebula
Jeanette Blagusz Walters
Ginny & Tom Carr
Geoff Cheeseman
Beth Cole
James A. Dooley Foundation
Jane Geer
Jane Grady
Lundie Guerard
Cynthia & Dave Huber
Tracy Kissell
Phyllis Klein
Tamra & Kirk Lowery
Robin & Steve Maras
Sharon Mihalic
Kevin Purcell and Lucia Meijer
Janet Rasmussen
Christine Ross
Carmen & Ken Samples
Ruth Schrock
Julie Thenell
Dorothy Watson
Stephanie Wendorf

In-Kind Donors

Lauri Cross
Diane & Tom Emerson
Robert Joder, Joder Arabian Ranch
Pat Paul
Marie & Vince Raines
Nancy Reilly

Our Location

Currently we are leasing space at RoanOake Farm, located at 9993 N. 65th Street in Longmont,
Colorado.

How to Contact KOTHRR

Visit our website    www.knickotimehorserescue.org

By telephone        c/o Stephanie Wendorf   303.359.2273   or c/o Nancy Cebula 303.499.1607

By email        KOTHRR@knickotimehorserescue.org

How to Help

Donations

   Cash and checks are always welcome!
   Services, too, such as veterinary, farrier,
      dental, massage (equine), etc.
   Equipment and supplies are welcome too!

Knick O'Time Horse Rescue is a 501(c) 3 non-profit organization, so all donations are
tax-deductible. (Federal Tax ID#: 20-2291031)

Sponsor a Horse

Each of our wonderful horses costs an average of $250 - $450 per month to feed and care for
while they wait (and get prepared) for their adoptive homes. For more information, see our
website or contact Stephanie or Nancy.

Volunteer

KOTHRR is an all-volunteer organization, so we can always use help with horse care, from
mucking to administration (and everything in-between)!

KOTHRR's End of 2005 Finances

Here is the Profit and Loss Statement and the End of Year Financial Statement for 2005. I am
pleased to note that KOTHRR ended the year in the black. Our assets as of December 31, 2005 are
not a lot, but at least they are assets!

2005 Profit and Loss Statement

Assets
    Balance in Checking           $369.35
    Balance in Savings              $113.59

Total Assets as of December 31, 2005    $482.94

Liabilities                    $0.00

2005 End of Year Financial Statement

Revenue Expenses

Donations Private Individuals            $1,495.00          Direct Horse Expenses
Donations Foundations                       $6,774.00          Board & Care                                  $7,540.00
Donations Corporations                      $2,125.00          Purchase/Rescue costs                   $2,750.00
Fundraising & Fundraising Events     $2,257.14          Veterinary Expenses                          $100.00
Adoption Fees                                      $5,225.00          Farrier Expenses                                $380.00
Surrender Fees                                        $350.00          Vaccinations & Wormer                    $544.00
Interest Income                                           $3.59          Special Supplements                          $815.00
                                                                                        Transfer of Ownership Fees              $252.00

Total Revenue before In-Kind       $18,229.73           Trailering                                        $2,456.58
In-Kind Donations                              $3,775.00           Small Volume Dealer License             $50.00
                                                                                        Total Direct Horse Expenses     $14,887.58

Office

                                                                                        IRS 1023 Application Fee                  $500.00
                                                                                        Fundraising Expenses                     $1,410.49
                                                                                        Office Supplies                                     $75.72
                                                                                        Professional Ass'n Memberships         $75.00
                                                                                        D and O Liability Insurance              $798.00

Total Office Expenses $2,859.21

Total Expenses before In-kind $17,746.79
In-kind Expenses $3,775.00

Total Revenues $22,004.73

Total Expenses $21,521.79

Net Revenue $482.94




		2005 Annual Report

			From the President Dear Friends, Supporters, Donors, and Adopters, Finally, I am finding time to write this letter and put this 2005 annual report together. I realize that I am about 6 months behind, but can only say that life and work got in the way of a more timely annual report! 2005 was a busy year at Knick O'Time Horse Rescue and Rehabilitation (KOTHRR). Way back in January, 2005, Stephanie Wendorf and I decided that the time was right to begin the process of creating a non-profit horse rescue. We worked very hard on our application. By April, we had achieved our 501(c)3 status from the Internal Revenue Service. Before we even had all our board members on board, or should I say 'in the saddle', we had our first rescued horses! Now we were off and running! Our goal for 2005 was to rescue 2 horses a month. By December, we had rescued 16 horses (more on these lovely, lucky horses later in the annual report). And the really wonderful news is that we were able to find homes for 14 of them! These horses came from a variety of circumstances. Some were surrendered by their owners for a number of reasons. Others came from a Premarin rescue facility. We also got horses at the auction, from the slaughter yard, and private purchase. Their ages ranged from 4 months to the late-twenties! Each of these horses was ready and deserving of a second chance and life in a good home. Some needed rehabilitation, all needed another living situation. This was also a year for building relationships. We received a horse that had been donated to a local therapeutic riding center, but just was not suited for that work. We were able to find a good adoptive home for him, where he is now a pleasure horse, living in someone's back yard pasture. We have approved Rocky Mountain Equi-Rhythm as a foster care facility for KOTHRR horses. They provide equine-assisted therapy to at-risk and vulnerable youth and teens. 2005 was a busy year! 2006 appears to be even busier! I am very pleased with the progress we have made. And thank you so much to all of you who have donated time, money, horses, and in-kind donations. Without you, we could not have rescued and rehabilitated as many horses as we did. And that is what it is all about - the welfare of the horse! Thanks again to everyone who helped make our first year successful! Nancy Cebula President, Board of Trustees KOTHRR Board Members KOTHRR Volunteers Ginny Carr Aspen Leaf Riders 4H Club Nancy Cebula Members and Parents Nancy Reilly Stacy Barton Stephanie Wendorf Ruth Schrock Sara Stubbs Program Information and Highlights Here are some highlights from our first year of operation. Rescues We are very pleased that we were able to rescue sixteen horses in eight months of operation. These horses came from private owners who surrendered them for a number of reasons, from auctions (where we outbid the slaughter yard buyers), from the slaughter yard, and through private sales (where the owners could not afford to give the horse away, but did not want them to go to auction and risk that they would end up at the slaughter yard). 2005 Horses: "Inca" registered chestnut gelding ADOPTED "Spirit" grade bay mare ADOPTED "Clover" grade bay filly ADOPTED "Breeze"/”Dolly” grade sorrel filly ADOPTED "Maybelle" large black pony mare ADOPTED "Shifter" graderoan gelding ADOPTED "Red" grade yearling sorrel filly ADOPTED "Dash" registered roanmedium pony mare ADOPTED "Gracie" registered draft mare ADOPTED "Norm" grade sorrel gelding PENDING "Uno" grade chestnut appaloosa colt PENDING "Lahdi" registered sorrel gelding ADOPTED "Phar-Side" registered bay gelding ADOPTED "Two" registeredtobiano mare ADOPTED "Smoothie" registered dun filly ADOPTED "Izzy" gradebay filly ADOPTED Adoptions Fourteen of the sixteen horses rescued were placed in caring, approved adoptive homes in 2005. One of the horses who was not adopted is in a longer-term rehabilitation program. We are sure that Norm will become available for adoption in 2006. One foal's adoption was pending at the end of 2005. Inca Program In the Inca Program, KOTHRR (Knick O'Time Horse Rescue and Rehabilitation) retains ownership of the horse throughout his/her lifetime.The adoption fees are reduced by 50% for the horses that are placed through this program. Through the Inca program, owners of private surrender horses can request that their horses be placed into loving andapproved homes, with KOTHRR retaining ownership throughout the lifetime of the horse. This way, the horses get the opportunity to find wonderful homes,without the risk of ever ending up bouncing from home to home, at an auction, going to slaughter, etc. While our regular adoption contract does specifically request that the horses be returned to us in the event that the adoptersare no longer able/willing to keep them, the Inca Program guarantees that they may never be resold, as the ownershipis never transferred. Fundraising Efforts In 2005, KOTHRR participated in the following fundraising 'events' A Tupperware Fundraising 'Non-Party' With help from Nancy Intermill (in Nebraska!), we held a small Tupperware non-party. Thanks to Sharon Mihalic and Beth Cole for sharing the Tupperware books with so many friends and co-workers! Donated Tack Thanks to all of you who donated used tack and horse equipment. Sales of these items provide a small, but steady, source of income to buy feed and services for the horses. 2006 KOTHRR Calendar A major endeavor in 2005 was the production of the 2006 KOTHRR Calendar. Thanks to Nancy Reilly, board member and photo-wizard, we were able to create a beautiful calendar, full of gorgeous pictures of rescued horses. We printed 200 calendars and sold 197 of them! And the printing was sponsored by one of our generous donors, so all the proceeds went to care for the horses! And thanks to Fox Creek Mobile Equine Outfitter, Boulder Horse and Rider, and Make Scents for 'selling' calendars for us! Grant Writing We began the development of a grant writing program in 2005. As it often takes two to three years of work to be considered by granting authorities, we will continue with this endeavor, taking the long view of our efforts. Private Donations We are very pleased that we were able to raise enough money to sustain our efforts in 2005, through both cash (check) and in-kind donations from private individuals and foundations. Thanks to all of you! (Please see the list of donors in this annual report.) Donors THANK YOU THANK YOU THANK YOU We couldn't have done it without your generosity! Cash Donations Sharon & Joe Jogerst, Angel Winds LLC Nancy Cebula Jeanette Blagusz Walters Ginny & Tom Carr Geoff Cheeseman Beth Cole James A. Dooley Foundation Jane Geer Jane Grady Lundie Guerard Cynthia & Dave Huber Tracy Kissell Phyllis Klein Tamra & Kirk Lowery Robin & Steve Maras Sharon Mihalic Kevin Purcell and Lucia Meijer Janet Rasmussen Christine Ross Carmen & Ken Samples Ruth Schrock Julie Thenell Dorothy Watson Stephanie Wendorf In-Kind Donors Lauri Cross Diane & Tom Emerson Robert Joder, Joder Arabian Ranch Pat Paul Marie & Vince Raines Nancy Reilly Our Location Currently we are leasing space at RoanOake Farm, located at 9993 N. 65th Street in Longmont, Colorado. How to Contact KOTHRR Visit our website www.knickotimehorserescue.org By telephone c/o Stephanie Wendorf 303.359.2273 or c/o Nancy Cebula 303.499.1607 By email KOTHRR@knickotimehorserescue.org How to Help Donations Cash and checks are always welcome! Services, too, such as veterinary, farrier, dental, massage (equine), etc. Equipment and supplies are welcome too! Knick O'Time Horse Rescue is a 501(c) 3 non-profit organization, so all donations are tax-deductible. (Federal Tax ID#: 20-2291031) Sponsor a Horse Each of our wonderful horses costs an average of $250 - $450 per month to feed and care for while they wait (and get prepared) for their adoptive homes. For more information, see our website or contact Stephanie or Nancy. Volunteer KOTHRR is an all-volunteer organization, so we can always use help with horse care, from mucking to administration (and everything in-between)! KOTHRR's End of 2005 Finances Here is the Profit and Loss Statement and the End of Year Financial Statement for 2005. I am pleased to note that KOTHRR ended the year in the black. Our assets as of December 31, 2005 are not a lot, but at least they are assets! 2005 Profit and Loss Statement Assets Balance in Checking $369.35 Balance in Savings $113.59 Total Assets as of December 31, 2005 $482.94 Liabilities $0.00 2005 End of Year Financial Statement Revenue Expenses Donations Private Individuals $1,495.00 Direct Horse Expenses Donations Foundations $6,774.00 Board & Care $7,540.00 Donations Corporations $2,125.00 Purchase/Rescue costs $2,750.00 Fundraising & Fundraising Events $2,257.14 Veterinary Expenses $100.00 Adoption Fees $5,225.00 Farrier Expenses $380.00 Surrender Fees $350.00 Vaccinations & Wormer $544.00 Interest Income $3.59 Special Supplements $815.00 Transfer of Ownership Fees $252.00 Total Revenue before In-Kind $18,229.73 Trailering $2,456.58 In-Kind Donations $3,775.00 Small Volume Dealer License $50.00 Total Direct Horse Expenses $14,887.58 Office IRS 1023 Application Fee $500.00 Fundraising Expenses $1,410.49 Office Supplies $75.72 Professional Ass'n Memberships $75.00 D and O Liability Insurance $798.00 Total Office Expenses $2,859.21 Total Expenses before In-kind $17,746.79 In-kind Expenses $3,775.00 Total Revenues $22,004.73 Total Expenses $21,521.79 Net Revenue $482.94