HOPE SPRINGS EQUESTRIAN THERAPY INC (EIN 232921984) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

TED AICHER

Phone

6108270931

Tax Period

2024-01-01 to 2024-12-31

HOPE SPRINGS EQUESTRIAN THERAPY INC, founded in 1997, is a small nonprofit in the Health Care sector that reported $210K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $231K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE THERAPEUTIC HORSEBACK RIDING TO INDIVIDUALS WITH DISABILITIES

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $151,162

Program Service Revenue $53,478

Investment Income $61

Other Revenue $5,080

TOTAL REVENUE $209,781

Expense Breakdown

Grants Paid $8,400

Salaries & Benefits $129,516

Fundraising Expenses $316

Program Expenses $211,179

Other Expenses $93,357

TOTAL EXPENSES $231,273

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,781	$173,979	+0.2%
Expenses	$231,273	$272,920	-0.2%
Net Income	$-21,492	$-98,941	-0.8%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$75,153

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA HANSEN	PRESIDENT	10.00	Officer Director	$0	$0	$0
TED AICHER	TREASURER	5.00	Officer Director	$0	$0	$0
MARY ANN PLANKINTON	DIRECTOR	0.50	Director	$0	$0	$0
KENNETH SWIMM	DIRECTOR	0.50	Director	$0	$0	$0
DANA SAPP	DIRECTOR	0.50	Director	$0	$0	$0
CHRISTOPHER ANDERSON	DIRECTOR	0.50	Director	$0	$0	$0
DEBRA CELENZA	DIRECTOR	0.50	Director	$0	$0	$0
JEANNIE KNOWLTON	EXECUTIVE DIRECTOR	45.00	Officer	$75,153	$0	$75,153

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	$209,781	$231,273	$111,332	$-21,492
2023	$173,979	$272,920	$123,108	$-98,941
2022	$267,809	$241,981	$261,839	$25,828
2021	$206,335	$239,978	$207,900	$-33,643
2020	$153,515	$258,888	$259,606	$-105,373
2019	$227,009	$245,674	$324,658	$-18,665
2018	$200,063	$271,179	$338,924	$-71,116

HOPE SPRINGS EQUESTRIAN THERAPY INC