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Shadrach Equine Rescue

1. State the vision:


a. To rescue horses from neglect, abuse and slaughter and give them the second chance
that they deserve.
2. The mission:
a. Shadrach Equine Rescue rescues and saves horses from slaughter, neglect and abuse.
We offer rehabilitation and permanent placement to these abused and neglected
equines and give them the second chance they deserve. Lifelong sanctuary is provided
to those equines unable to find permanent homes.
3. Give details of services or products offered by the organization:
a. We will rescue neglected, abandoned, abused horses as well as save horses from
slaughter.
b. We will rehabilitate these rescued horses and provide the medical care they need in
order to bring them back to a healthy status.
c. We will adopt the rehabilitated horses to qualified candidates. If the horse is unable to
be adopted out, then we will provide a lifelong sanctuary for them to live out the rest of
their days in a proper environment.
4. Organization goals:
a. Short term goals are to rescue and care for 2-4 horses at a time.
b. Long term goals are to be able to rescue and care for 10-15 horses at a time

5. Address of principal place of business of Nonprofit entity:


a. Shadrach Equine Rescue 11505 Spring Valley Rd. Larkspur, CO 80118
6. Explain the anticipated future activities of the Nonprofit over the next five years:
a. Within 5 years, we anticipate to expand our company to enable us to care for 10-15
horses at a time.
b. We also plan to begin a program to help disabled Veterans and children with disabilities
by offering them a chance to ride horses and help care for the horses.
7. Indicate funding sources and amount used to pay for office space (facilty):
a. Donations will be a large source of funding
b. We have a operating business on our property that pays monthly rent, which will help
fund our facility’s expenses.
c. The owners will also be providing funding personally
8. How many full time, paid staff members does the Nonprofit and, if applicable, any other
nonprofitorganization(s) ("Related Nonprofit(s)") of which the Nonprofit is a subsidiary or to
which the Nonprofit is otherwise related (by shared directors, staff, etc.) have? (include salaries)
a. Eventually, there will be two paid staff members, Tracy and Brad Schroeder. Both
members will not have a salary until the non-profit is able to provide a salary. Until that
time, there will be no paid staff members. We both have other employment that will
allow us to do this.
9. How many part times, paid staff members?
a. There will be no part time paid staff members.
10. Describe the duties or position of all staff members:
a. Tracy Schroeder shall be President overseeing all areas of the company as well as
involved with all daily activities.
b. Brad Schroeder shall be Treasurer overseeing all financial aspects of the company as
well as involved with all daily activities
c. Patricia Wood shall be Secretary involved with record keeping and involved with all daily
activities.

11. What are the sources and manner of funding of the Nonprofit?
a. Donations shall be a large source of funding for the Nonprofit
b. Rent from a business located on the property is another source of funding
c. Private funding from the owners, Brad & Tracy Schroeder is another source of funding

12. Explain in detail the genesis of the formation of the Nonprofit


a. Tracy Schroeder has been involved with horses her entire life. As a child, she worked
with her mother and four sisters on a working horse ranch in Peyton, Colorado. Since
her childhood she has been involved with animal rescue. She has also completed
several years of Veterinarian Tech education and plans to continue until she completes
all courses as a certified Veterinarian.
b. With her husband, Brad, they have worked for years to obtain a property large enough
to allow a mid-sized horse rescue operation. They now have 40 acres just outside
Larkspur, Colorado that will be more than enough for the entire operation.

13. Is the Nonprofit materially participating (regular, continuous, and substantial participation) in
theconstruction or rehabilitation and operation or management of the proposed facility?
a. Yes, we are participating on a daily basis in the construction, rehabilitation, operation
and management of the facility.

Additional Info:

Currently we have a lease option to buy the property. It is for sale at $400,000. It includes a small two
stall barn, large 3000SF facility where the other business is currently operating, several water pumps
have been installed on the land as well as septic tanks, underground electric and phone lines. There is
also a working water well that is already installed. A market analysis of the property shows that it could
be worth closer to $500,000 in it’s current condition. We would like to obtain an SBA loan to purchase
the property and build a larger 4000 sf barn with caretaker’s residence. The total amount financed for
this would be approximately $500,000. With the addition of a new 4000 sf barn and caretaker
residence, the value of the property would be greatly increased to approximately $750,000 giving us
approximately $250,000 in equity.

We have been paying rent on the property for two years and seven months at $600 per month for the
small loft located in the 3000sf building. This amounts to $24,800 that we’ve paid to date.
We have also personally paid for numerous upgrades to the small two stall barn and facility as well as
rescued two horses ourselves. The total amount we’ve spent personally is approximately $5,000 so far.

The company currently operating (and paying rent) is a local distillery that makes moonshine, whiskey,
vodka and gin. The company has been in operation for 12 years on the property. The company pays
rent to operate on the property. Rent is $888.92 per month.

With the personal rent, and business rent, our horse rescue would already have a guaranteed income of
$1488.92 per month. Also, the business rental agreement is expiring on December 31, 2018 and the
rent payment of $888.92 is going to increase to $1500.00 per month, giving us income of $2100.00 per
month.

We are applying for our 501 c 3 status this week and hope to have that approved by the end of August.

Thank you for your help with this and please contact me anytime for more information.

Brad & Tracy Schroeder

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