THE CORRAL RIDING ACADEMY (EIN 263122904) - 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

2008

Legal Domicile

Principal Officer

LAUREN CLEMENTS

Phone

9193552090

Tax Period

2023-07-01 to 2024-06-30

THE CORRAL RIDING ACADEMY, founded in 2008, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

CORRAL IS A FAITH-MOTIVATED NONPROFIT THAT EQUIPS ADOLESCENT GIRLS IN HIGH-RISK SITUATIONS THROUGH A LONG-TERM, HOLISTIC PROGRAM OF EQUINE THERAPY AND EDUCATION TO PREPARE EACH GIRL AND HER COMMUNITY WITH SKILLS, RESOURCES, AND OPPORTUNITIES SO THAT SHE CAN GAIN ACCESS TO A BRIGHT FUTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,280,501

Program Service Revenue $0

Investment Income $25,206

Other Revenue $65,838

TOTAL REVENUE $1,371,545

Expense Breakdown

Grants Paid $1,569

Salaries & Benefits $978,433

Fundraising Expenses $195,380

Program Expenses $1,054,537

Other Expenses $535,723

TOTAL EXPENSES $1,515,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,371,545	$1,236,946	+0.1%
Expenses	$1,515,725	$1,379,324	+0.1%
Net Income	$-144,180	$-142,378	+0.0%

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

700

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

$172,176

Total Directors

$172,176

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOY CURREY	PRESIDENT (07/01/23-05/18/24)	8.00	Officer Director	$91,800	$0	$91,800
DAN PRATT	BOARD MEMBER	2.00	Director	$0	$0	$0
STEVE SUPERVILLE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JULIA YI	MEMBER	1.00	Director	$0	$0	$0
EVAN COVINGTON CHAVEZ	MEMBER	1.00	Director	$0	$0	$0
CRYSTAL CHEN LEE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NATALAE VELEZ	MEMBER	1.00	Director	$0	$0	$0
NNEKA GEORGE	MEMBER	2.00	Director	$0	$0	$0
MALINDI ROBINSON	MEMBER	1.00	Director	$0	$0	$0
GILLIAN PEARSON	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT CURREY	BOARD MEMBER (07/01/23-05/18/2024)	1.00	Director	$0	$0	$0
LAUREN CLEMENTS	EXECUTIVE DIRECTOR	40.00	Officer Director	$77,556	$2,820	$80,376

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	No data	No data	No data	No data
2024	$1,371,545	$1,515,725	$2,648,480	$-144,180
2023	$1,236,946	$1,379,324	$2,810,874	$-142,378
2022	$1,111,508	$1,172,024	$2,978,231	$-60,516
2021	$1,077,685	$1,072,112	$3,050,017	$5,573

THE CORRAL RIDING ACADEMY