TY 2011 Form 990EZ

Part IRevenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I.)Check if the organization used Schedule O to respond to any question in this Part I...........
	1	Contributions, gifts, grants, and similar amounts received...............	1
2	Program service revenue including government fees and contracts ............	2	169,492
3	Membership dues and assessments......................	3	16,163
4	Investment income...........................	4
5a	Gross amount from sale of assets other than inventory........	5a
b	Less: cost or other basis and sales expenses...........	5b
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) .	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the
	sum of such gross income and contributions exceeds $15,000)	6b	2,151
c	Less: direct expenses from gaming and fundraising events.......	6c
d	Net income or (loss) from gaming and fundraising events (Add lines 6a and 6b and subtract line 6c)	6d	2,151
7a	Gross sales of inventory, less returns and allowances........	7a
b	Less: cost of goods sold.................	7b
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) .....................	8	736
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.................	9	188,542
	10	Grants and similar amounts paid (list in Schedule O) .................	10
11	Benefits paid to or for members........................	11
12	Salaries, other compensation, and employee benefits................	12	84,117
13	Professional fees and other payments to independent contractors............	13	3,600
14	Occupancy, rent, utilities, and maintenance...................	14	31,447
15	Printing, publications, postage, and shipping...................	15	1,077
16	Other expenses (describe in Schedule O) ....................	16	89,920
17	Total expenses. Add lines 10 through 16 ....................	17	210,161
	18	Excess or (deficit) for the year (Subtract line 17 from line 9)............	18	-21,619
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return)................	19	-394,020
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20	2
21	Net assets or fund balances at end of year. Combine lines 18 through 20.........	21	-415,637

Part IRevenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I.)Check if the organization used Schedule O to respond to any question in this Part I...........

Contributions, gifts, grants, and similar amounts received...............

Program service revenue including government fees and contracts ............

169,492

Membership dues and assessments......................

16,163

Investment income...........................

Gross amount from sale of assets other than inventory........

Less: cost or other basis and sales expenses...........

Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......

Gaming and fundraising events

Gross income from gaming (attach Schedule G if greater than $15,000) .

Gross income from fundraising events (not including $ of contributions
from fundraising events reported on line 1) (attach Schedule G if the

sum of such gross income and contributions exceeds $15,000)

2,151

Less: direct expenses from gaming and fundraising events.......

Net income or (loss) from gaming and fundraising events (Add lines 6a and 6b and subtract line 6c)

2,151

Gross sales of inventory, less returns and allowances........

Less: cost of goods sold.................

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........

Other revenue (describe in Schedule O) .....................

736

Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.................

188,542

Grants and similar amounts paid (list in Schedule O) .................

Benefits paid to or for members........................

Salaries, other compensation, and employee benefits................

84,117

Professional fees and other payments to independent contractors............

3,600

Occupancy, rent, utilities, and maintenance...................

31,447

Printing, publications, postage, and shipping...................

1,077

Other expenses (describe in Schedule O) ....................

89,920

Total expenses. Add lines 10 through 16 ....................

210,161

Excess or (deficit) for the year (Subtract line 17 from line 9)............

-21,619

Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with

end-of-year figure reported on prior year’s return)................

-394,020

Other changes in net assets or fund balances (explain in Schedule O) ..........

Net assets or fund balances at end of year. Combine lines 18 through 20......... Bullet

-415,637

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III.) Check if the organization used Schedule O to respond to any question in this Part III .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts; optional for others.)
What is the organization's primary exempt purpose? BUFFALO EQUESTRIAN CENTER IS A MEMBERSHIP ORGANIZATION - THE CENTER PROVIDES FOR THE EDUCATION OF BOTH HORSES AND RIDERS AT ALL LEVELS AND CREATES OPPORTUNITIES TO IMPROVE HORSEMANSHIP SKILLS.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 INTERSCHOLASTIC EQUESTRIAN ASSOCIATION (Grants $ ) If this amount includes foreign grants, check here ...	28a
29 RIDING CAMP & CLINICS TO PROMOTE INTEREST IN EQUESTRIAN ACTIVITIES. THE RIDING CAMP CONSISTS OF APPROX 30 CAMPERS. THE CAMP IS FOUR DAYS A WEEK AND IS FIVE WEEKS LONG. THE CLINICS WERE HELD IN JUNE AND SEPTEMBER. (Grants $ ) If this amount includes foreign grants, check here ...	29a
30 HORSEBACK RIDING LESSONS FOR THE BENEFIT, ENJOYMENT, AND INSTRUCTION OF THEIR 100 MEMBERS. APPROXIAMETLY 90 LESSONS ARE TAUGHT EACH WEEK. (Grants $ ) If this amount includes foreign grants, check here ...	30a
PRESENTATIONS TO SCHOOL GROUPS TO PROMOTE AN INTEREST IN EQUESTRIAN ACTIVITIES. SCHOOL GROUPS ARE TYPICALLY OFFERED THE MONTH OF OCTOBER, NOVEMBER, AND APRIL. SCHOOL GROUPS ATTEND THE FARM ONCE EACH WEEK DURING THE MONTH. ON AVERAGE EACH YEAR 3 SCHOOL GROUPS CONSISTING OF 5 STUDENTS EACH PARTICIPATE IN THE SCHOOL GROUPS. (Grants $ ) If this amount includes foreign grants, check here ...
31 Other program services (describe in Schedule O) .................. (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..............	32

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III.) Check if the organization used Schedule O to respond to any question in this Part III .

Expenses
(Required for section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts; optional for others.)

What is the organization's primary exempt purpose? BUFFALO EQUESTRIAN CENTER IS A MEMBERSHIP ORGANIZATION - THE CENTER PROVIDES FOR THE EDUCATION OF BOTH HORSES AND RIDERS AT ALL LEVELS AND CREATES OPPORTUNITIES TO IMPROVE HORSEMANSHIP SKILLS.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.

28 INTERSCHOLASTIC EQUESTRIAN ASSOCIATION
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

28a

29 RIDING CAMP & CLINICS TO PROMOTE INTEREST IN EQUESTRIAN ACTIVITIES. THE RIDING CAMP CONSISTS OF APPROX 30 CAMPERS. THE CAMP IS FOUR DAYS A WEEK AND IS FIVE WEEKS LONG. THE CLINICS WERE HELD IN JUNE AND SEPTEMBER.
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

29a

30 HORSEBACK RIDING LESSONS FOR THE BENEFIT, ENJOYMENT, AND INSTRUCTION OF THEIR 100 MEMBERS. APPROXIAMETLY 90 LESSONS ARE TAUGHT EACH WEEK.
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

30a

PRESENTATIONS TO SCHOOL GROUPS TO PROMOTE AN INTEREST IN EQUESTRIAN ACTIVITIES. SCHOOL GROUPS ARE TYPICALLY OFFERED THE MONTH OF OCTOBER, NOVEMBER, AND APRIL. SCHOOL GROUPS ATTEND THE FARM ONCE EACH WEEK DURING THE MONTH. ON AVERAGE EACH YEAR 3 SCHOOL GROUPS CONSISTING OF 5 STUDENTS EACH PARTICIPATE IN THE SCHOOL GROUPS.
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

31 Other program services (describe in Schedule O) ..................
(Grants $ ) If this amount includes foreign grants, check here... MediumBullet

31a

32 Total program service expenses (add lines 28a through 31a).............. bullet

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
KATHARINE JEMISON 950 AMHERST STREET BUFFALO,NY14216	PRESIDENT-RESIGNED2.0	0	0	0
CANDACE BREDENBERG 950 AMHERST STREET BUFFALO,NY14216	VICE PRESIDENT5.0	0	0	0
STEPHANIE KARVOUNIARIS 950 AMHERST STREET BUFFALO,NY14216	TREASURER - RESIGNED3.0	0	0	0
KIM GRISWOLD 950 AMHERST STREET BUFFALO,NY14216	SECRETARY-RESIGNED1.0	0	0	0
WILLIAM STANBRO 950 AMHERST STREET BUFFALO,NY14216	PRESIDENT5.0	0	0	0
WENDE STEVENSON 950 AMHERST STREET BUFFALO,NY14216	DIRECTOR-RESIGNED1.0	0	0	0
JESSICA ENSTICE 950 AMHERST STREET BUFFALO,NY14216	DIRECTOR-RESIGNED1.0	0	0	0
LIZ SCHAAB 950 AMHERST STREET BUFFALO,NY14216	DIRECTOR-RESIGNED1.0	0	0	0
ELIZABETH LYNN 950 AMHERST STREET BUFFALO,NY14216	DIRECTOR-RESIGNED1.0	0	0	0
SUSAN SCHOELLKOPF 950 AMHERST STREET BUFFALO,NY14216	EXECUTIVE DIRECTOR10.0	0	0	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c)Reportable compensation
(Forms W-2/1099-MISC)
(if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans,
and deferred compensation

(e) Estimated amount
of other compensation

KATHARINE JEMISON
950 AMHERST STREET
BUFFALO,NY14216

PRESIDENT-RESIGNED2.0

CANDACE BREDENBERG
950 AMHERST STREET
BUFFALO,NY14216

VICE PRESIDENT5.0

STEPHANIE KARVOUNIARIS
950 AMHERST STREET
BUFFALO,NY14216

TREASURER - RESIGNED3.0

KIM GRISWOLD
950 AMHERST STREET
BUFFALO,NY14216

SECRETARY-RESIGNED1.0

WILLIAM STANBRO
950 AMHERST STREET
BUFFALO,NY14216

PRESIDENT5.0

WENDE STEVENSON
950 AMHERST STREET
BUFFALO,NY14216

DIRECTOR-RESIGNED1.0

JESSICA ENSTICE
950 AMHERST STREET
BUFFALO,NY14216

DIRECTOR-RESIGNED1.0

LIZ SCHAAB
950 AMHERST STREET
BUFFALO,NY14216

DIRECTOR-RESIGNED1.0

ELIZABETH LYNN
950 AMHERST STREET
BUFFALO,NY14216

DIRECTOR-RESIGNED1.0

SUSAN SCHOELLKOPF
950 AMHERST STREET
BUFFALO,NY14216

EXECUTIVE DIRECTOR10.0

(a) Name and title of each employee paid more than $100,000

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

(a) Name and address of each independent contractor paid more than $100,000

(b) Type of service

(c) Compensation

- TIN:

Schedule L
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V lines 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ. MediumBullet

See separate instructions.

OMB No. 1545-0047

2011

Open to Public Inspection

Name of the organization

BUFFALO EQUESTRIAN CENTER INC

Employer identification number

16-1425905

Part I

Excess Benefit Transactions (section 501(c)(3) and section 501 (c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(b) Description of transaction	(c) Corrected?
1(a) Name of disqualified person	(b) Description of transaction	Yes	No

Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958. ......................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.

(a) Name of interested person and purpose	(b) Loan to or from the organization?		(c)Original principal amount	(d)Balance due	(e) In default?		(f) Approved by board or committee?		(g)Written agreement?
(a) Name of interested person and purpose	To	From	(c)Original principal amount	(d)Balance due	Yes	No	Yes	No	Yes	No
(1) SBS FARMS INC BUSINESS PURPOSES	X		283,097	283,097		No	Yes			No
(2) BTRC INC RENT PAYABLE	X		19,902	19,902		No	Yes		Yes
(3) S SCHOELLKOPF PAYROLL LOAN	X		40,000	22,386		No	Yes			No



Total ............... $				325,385

Part III

Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b)Relationship between interested person and the organization	(c)Amount of grant or type of assistance

For Privacy Act and Paperwork Reduction Act Notice, see the
Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990 or 990-EZ) 2011

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) SBS FARMS INC	OFFICER (EXEC DIRECTOR)		PAYROLL ALLOCATION
(2) BUFFALO THERAPEUTIC RIDING CENTER	OFFICER (EXEC DIRECTOR)		BARN & HORSE RENT

Part V

Supplemental Information

Complete this part to provide additional information for responses to questions on Schedule L (see instructions).

Identifier	Return Reference	Explanation

Schedule L (Form 990 or 990-EZ) 2011

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.

OMB No. 1545-0047

2011

Open to Public
Inspection

Name of the organization

BUFFALO EQUESTRIAN CENTER INC

Employer identification number

16-1425905

Identifier	Return Reference	Explanation
Loans to/From Interested Persons	Schedule L, Part II	SBS Farms Inc. is a corporation wholly owned by Susan Schoellkopf. Susan Schoellkopf is also the Executive Director of the Buffalo Equestrian Center, Inc. and Buffalo Therapuetic Riding Center, Inc. Buffalo Equestrian Center has a payable/loan to SBS Farms, Inc. for payroll and other expenses incurred by SBS Farms, Inc. Buffalo Equestrian Center, Inc. has a payable/loan to Buffalo Therapeutic Riding Center for rent expenses. Buffalo Equestrian Center has a payable/loan to Susan Schoellkopf for payroll expenses.
OTHER REVENUE SCHEDULE	FORM 990EZ PART I LINE 8	Description:MISCELLANEOUS INCOME Amount:613
OTHER REVENUE SCHEDULE	FORM 990EZ PART I LINE 8	Description:SALES TAX VENDOR CREDI Amount:123
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:ADVERTISING Amount:5584
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:APARTMENT EXPENSES Amount:3400
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:BANK CHARGES Amount:312
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:BEDDING Amount:10934
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:BLACKSMITH Amount:6496
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:CLIPPER BLADES Amount:91
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:CLINIC EXPENSES Amount:7371
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:OFFICE EXPENSES Amount:2156
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:IEA CLUB Amount:3339
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:DUES Amount:1240
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:FEED Amount:2495
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:HAY Amount:8852
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:MISCELLANEOUS EXPENSE Amount:1409
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:INSURANCE Amount:7670
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:PAYBACK OF HORSE EXPENSE Amount:4557
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:VETERINARIAN Amount:2817
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:BAD DEBT EXPENSE Amount:891
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:MANURE REMOVAL Amount:2704
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:CABLE Amount:228
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:PATROLL SERVICE FEES Amount:1265
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:CAMP EXPENSE Amount:471
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:SALES TAX EXPENSE Amount:1245
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:SECURITY Amount:4987
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:DISABILITY INSURANCE Amount:1054
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:WORKERS COMPENSATION Amount:3066
OTHER EXPENSES SCHEDULE	FORM 990EZ PART I LINE 16	Description:FLOWERS Amount:266
OTHER CHANGES IN NET ASSETS - DECREASE	FORM 990EZ PART I LINE 20	Description:ROUNDING Amount:-2
OTHER LIABILITIES SCHEDULE	FORM 990EZ PART II LINE 26	Description:SALES TAX PAYABLE BOY Amount:59 EOY Amount:285

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2011

Additional Data

Software ID:
Software Version:

Sign Here

	Signature of officer	Date

	Type or print name and title