PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP INERNATIONAL

EIN: 237169769 501(c)(3) Recreation & Sports

WESTMINSTER, CO

Total Revenue
$3,280,429
Total Expenses
$3,359,555
Total Assets
$3,098,776
Net Assets
$2,149,519
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
CO
Principal Officer
KATHY ALM
Phone
3034521212
Tax Period
2024-07-01 to 2025-06-30

PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP INERNATIONAL, founded in 1969, is a community nonprofit in the Recreation & Sports sector that reported $3.3M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

WE LEAD THE ADVANCEMENT OF PROFESSIONAL EQUINE-ASSISTED SERVICES BY SUPPORTING OUR MEMBERS AND STAKEHOLDERS THROUGH RIGOROUSLY DEVELOPED STANDARDS, CREDENTIALING, AND EDUCATION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,085,807
Program Service Revenue $1,898,143
Investment Income $78,432
Other Revenue $218,047
TOTAL REVENUE $3,280,429

Expense Breakdown

Grants Paid $556,205
Salaries & Benefits $1,680,977
Fundraising Expenses $18,829
Program Expenses $2,839,048
Other Expenses $1,122,373
TOTAL EXPENSES $3,359,555

Year-over-Year Comparison

2024 2023 Change
Revenue $3,280,429 $3,746,349 -0.1%
Expenses $3,359,555 $2,958,117 +0.1%
Net Income $-79,126 $788,232 -1.1%
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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Governance

Voting Members
15
Independent Members
15
Employees
24
Volunteers
149

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
3
$176,507
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT CARVER PRESIDENT 2.00
Officer Director
$0 $0 $0
ED MILFORD PAST PRESIDENT 2.00
Director
$0 $0 $0
BRANDAN MONTMINY PRESIDENT-ELECT 2.00
Director
$0 $0 $0
MARIANNE COLLINS TRUSTEE 2.00
Director
$0 $0 $0
ADAM DAURIO TRUSTEE 2.00
Director
$0 $0 $0
ALAN DORANTES TRUSTEE 2.00
Director
$0 $0 $0
KC HENRY TRUSTEE 2.00
Director
$0 $0 $0
ROBIN KRUEGER TREASURER 2.00
Officer Director
$0 $0 $0
VERONICA LAC TRUSTEE 2.00
Director
$0 $0 $0
JESSICA NORMAND TRUSTEE 2.00
Director
$0 $0 $0
LYNN PETR TRUSTEE 2.00
Director
$0 $0 $0
ASHLEY PHELPS-DUNN TRUSTEE 2.00
Director
$0 $0 $0
CHRISTINA SORENSEN TRUSTEE 2.00
Director
$0 $0 $0
CATHERINE KATIE VACHRIS TRUSTEE 2.00
Director
$0 $0 $0
AVIVA VINCENT TRUSTEE 2.00
Director
$0 $0 $0
KATHY ALM CEO 40.00
Officer
$169,420 $7,087 $176,507
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
2025 $3,280,429 $3,359,555 $3,098,776 $-79,126
2024 No data No data No data No data
2023 $2,803,744 $2,900,726 $2,544,094 $-96,982
2022 $2,610,580 $2,286,692 $2,683,906 $323,888
2021 $2,426,821 $2,239,688 $2,188,884 $187,133
2020 $2,827,086 $2,739,951 $1,976,775 $87,135
2019 $2,737,256 $2,698,027 $1,900,552 $39,229
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