HORSES WITH HEARTS INC (EIN 203584534) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

KAY A BARKWILL

Phone

3042838071

Tax Period

2023-01-01 to 2023-12-31

HORSES WITH HEARTS INC, founded in 2005, is a small nonprofit in the Animal-Related sector that reported $298K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $115K, a strong 39% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR SPECIAL NEEDS INDIVIDUALS THROUGH EQUINE ASSISTED ACTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $198,753

Program Service Revenue $58,253

Investment Income $262

Other Revenue $40,739

TOTAL REVENUE $298,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,051

Other Expenses $183,229

TOTAL EXPENSES $183,229

Year-over-Year Comparison

	2023	2022	Change
Revenue	$298,007	$353,731	-0.2%
Expenses	$183,229	$183,918	0.0%
Net Income	$114,778	$169,813	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAY A BARKWILL	PRESIDENT	30.00	Officer Director	$0	$0	$0
JAMIE E GRIFFITH	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
TRACEY ROHRBAUGH	SECRETARY	5.00	Officer Director	$0	$0	$0
ASHLEY ALBRIGHT	BOARD MEMBER	5.00	Director	$0	$0	$0
VICKI ORR	BOARD MEMBER	5.00	Director	$0	$0	$0
DENA MORGAN	BOARD MEMBER	5.00	Director	$0	$0	$0
TANA BURKHART	BOARD MEMBER	5.00	Director	$0	$0	$0
TIMOTHY HOTT	BOARD MEMBER	5.00	Director	$0	$0	$0
EMMAJEAN ABRELL	BOARD MEMBER	5.00	Director	$0	$0	$0
SANDRA HAMILTON	BOARD MEMBER	5.00	Director	$0	$0	$0
PATSY NOLAND	BOARD MEMBER	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$298,007	$183,229	$1,196,463	$114,778
2022	$353,731	$183,918	$1,007,765	$169,813
2021	$290,489	$132,549	$824,686	$157,940
2021	$290,489	$132,549	$824,686	$157,940
2020	$227,200	$111,730	$656,201	$115,470
2019	$127,771	$109,406	$533,785	$18,365
2018	$126,554	$60,000	$490,465	$66,554

HORSES WITH HEARTS INC