COLO SPGS THERAPEUTIC RIDING CENTER

EIN: 263364802 501(c)(3) Health Care

COLORADO SPRINGS, CO

Total Revenue
$820,528
Total Expenses
$336,604
Total Assets
$700,242
Net Assets
$694,269
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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
CO
Principal Officer
NANCY HARRISON
Phone
7196344173
Tax Period
2024-01-01 to 2024-12-31

COLO SPGS THERAPEUTIC RIDING CENTER, founded in 2008, is a small nonprofit in the Health Care sector that reported $821K in total revenue in fiscal year 2024. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $484K, a strong 59% operating margin.

Mission

TO PROVIDE THE THERAPEUTIC AND RELATED BENEFITS OF HORSEBACK RIDING TO PERSONS WITH HANDICAPS AND 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $625,065
Program Service Revenue $144,267
Investment Income $0
Other Revenue $51,196
TOTAL REVENUE $820,528

Expense Breakdown

Grants Paid $0
Salaries & Benefits $145,835
Fundraising Expenses $13,886
Program Expenses $322,020
Other Expenses $190,769
TOTAL EXPENSES $336,604

Year-over-Year Comparison

2024 2023 Change
Revenue $820,528 $407,769 +1.0%
Expenses $336,604 $351,301 0.0%
Net Income $483,924 $56,468 +7.6%
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

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Governance

Voting Members
13
Independent Members
11
Employees
6
Volunteers
N/A

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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MCREA ANDERSEN AT LARGE BD N/A
Director
$0 $0 $0
LINDA BUFFETTI MANAGER/GRAN N/A
Director
$0 $0 $0
JENNA EVANS EVENTS COORD N/A
Director
$0 $0 $0
NANCY HARRISON CEO N/A
Officer Director
$0 $0 $0
ROBERT HARRISON CMO N/A
Officer Director
$0 $0 $0
CHERYL HART AT LARGE BD N/A
Director
$0 $0 $0
ANN KELSEY AT LARGE BD N/A
Director
$0 $0 $0
COREY KURISH SECRETARY N/A
Director
$0 $0 $0
JAMIE MCFADDEN AT LARGE BD N/A
Director
$0 $0 $0
IRMA MCKIERNAN AT LARGE BD N/A
Director
$0 $0 $0
MIKE MCKIERNAN AT LARGE BD N/A
Director
$0 $0 $0
JULIE O'BRIEN AT LARGE BD N/A
Director
$0 $0 $0
CHERI WHOBREY AT LARGE BD N/A
Director
$0 $0 $0
JULIE ZEHNER GRANT WRITER N/A
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 $820,528 $336,604 $700,242 $483,924
2023 $407,769 $351,301 $227,967 $56,468
2022 $376,281 $342,816 $178,982 $33,465
2021 $278,909 $274,897 $172,074 $4,012
2020 $230,410 $229,969 $146,212 $441
2019 $212,136 $210,713 $121,369 $1,423
2018 $204,662 $210,581 $116,689 $-5,919
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