HOPE REINS

EIN: 271074966 501(c)(3) Health Care

RALEIGH, NC

Total Revenue
$2,220,460
Total Expenses
$2,320,258
Total Assets
$3,648,875
Net Assets
$2,459,583
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
KIM TSCHIRRET
Phone
9193454914
Tax Period
2024-01-01 to 2024-12-31

HOPE REINS, founded in 2009, is a community nonprofit in the Health Care sector that reported $2.2M in total revenue in fiscal year 2024.

Mission

HOPE REINS' VISION IS TO INSPIRE TRUE HOPE AND REAL HEALING FOR EVERY CHILD. AT OUR RANCH, WE PAIR CHILDREN AND TEENS EXPERIENCING TRAUMA WITH A RESCUED HORSE AND MENTOR TO FIND HOPE AND HEALING. THE FREE-OF-CHARGE INDIVIDUAL AND GROUP SESSIONS INCLUDE A FOCUS ON TRUST, COMMUNICATION, BOUNDARIES, AND LEADERSHIP WHICH ARE IMPORTANT FOR BOTH HEALING FROM TRAUMA AND BUILDING LIFE-LONG RESILIENCY. MANY OF THE HORSES AT HOPE REINS HAVE SUFFERED SIMILAR ABUSE, TRAUMA OR REJECTION AS THE CHILDREN WE SERVE. THE COMMONALITY THAT IS PRESENT OFTEN TRIGGERS AN INSTANT AND POWERFUL BOND BETWEEN HORSE AND CHILD. THE CONVERSATIONS FACILITATED BY A TRAINED MENTOR BETWEEN A HORSE AND A CLIENT PROVIDE MEANINGFUL OPPORTUNITIES FOR HEALING AND GROWTH IN THE KEY RESILIENCY SKILLS. OUR GOAL THROUGH SESSIONS IS TO GIVE THESE CHILDREN AN OPPORTUNITY FOR A SAFE RELATIONSHIP, ONE THAT FOSTERS AN ENVIRONMENT OF COMPASSION, COMFORT AND MOST IMPORTANTLY TRUST.

Program Service Accomplishments

Program 1
Expenses: $1,546,260

IN 2024, THE PATHWAY TO RESILIENCE PROGRAM HELPED 320 HURTING KIDS HEAL THROUGH 3,328 SESSIONS, INCLUDING 195 "PATHWAY" KIDS, OF WHICH A RECORD-BREAKING 75 WERE FIRST-YEAR ENROLLEES. PLUS, ANOTHER...

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IN 2024, THE PATHWAY TO RESILIENCE PROGRAM HELPED 320 HURTING KIDS HEAL THROUGH 3,328 SESSIONS, INCLUDING 195 "PATHWAY" KIDS, OF WHICH A RECORD-BREAKING 75 WERE FIRST-YEAR ENROLLEES. PLUS, ANOTHER 125 KIDS FROM STRATEGIC PARTNERS LIKE DURHAM RESCUE MISSION AND BOYS & GIRLS CLUBS. THE KIDS IN THE PROGRAM ARE AGED 5 TO 18, HAVE INCREDIBLY DIVERSE BACKGROUNDS, AND MAY BE BLACK, WHITE, HISPANIC, ASIAN, OR ADOPTED FROM ANOTHER COUNTRY AND HAVE EXPERIENCED EITHER A SERIOUS TRAUMATIC EVENT OR HAVE FACED MULTIPLE ADVERSE CHILDHOOD EXPERIENCES. SOME TRAVEL TO OUR RANCH FROM AS FAR AWAY AS VIRGINIA AND SOUTH CAROLINA. THEY MAY RESIDE AT HOME WITH ONE OR BOTH PARENTS OR GRANDPARENTS OR THEY MAY LIVE WITH A FOSTER FAMILY OR IN A GROUP HOME. REGARDLESS OF FINANCIAL STATUS, WE SERVE ALL THESE FAMILIES AT NO COST TO THEM.

Program 2
Expenses: $143,345 Revenue: $11,050

ACADEMYIN 2024 WE TRAINED:52 SIMILAR RANCHES71 NEW LEADERS.HOPE REINS ACADEMY IS OUR TRAINING AND EQUIPPING PROGRAM. THROUGH THE ACADEMY, WE SHARE THE TOOLS, KNOWLEDGE, AND EXPERTISE WE'VE DEVELOPED...

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ACADEMYIN 2024 WE TRAINED:52 SIMILAR RANCHES71 NEW LEADERS.HOPE REINS ACADEMY IS OUR TRAINING AND EQUIPPING PROGRAM. THROUGH THE ACADEMY, WE SHARE THE TOOLS, KNOWLEDGE, AND EXPERTISE WE'VE DEVELOPED SINCE 2010 SERVING CHILDREN IN CRISIS. DRAWING FROM OVER A DECADE OF EXPERIENCE, WE TRAIN INDIVIDUALS AND ORGANIZATIONS TO BRING HOPE AND HEALING TO THEIR OWN COMMUNITIES. OUR CURRICULUM COVERS A WIDE RANGE OF TOPICSFROM HORSEMANSHIP GROUNDED IN OUR UNIQUE PHILOSOPHY TO ORGANIZATIONAL BEST PRACTICES FOR SUSTAINABLE, TRAUMA-INFORMED MINISTRY. PARTICIPANTS PAY FEES TO ACCESS AND MAINTAIN ONGOING USE OF OUR TRAINING RESOURCES. HOPE REINS ACADEMY EXTENDS THE REACH OF OUR MISSION AND HELPS ADVANCE OUR VISION TO INSPIRE TRUE HOPE AND REAL HEALING FOR EVERY CHILD.

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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 $2,159,070
Program Service Revenue $11,050
Investment Income $50,340
Other Revenue $0
TOTAL REVENUE $2,220,460

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,556,706
Fundraising Expenses $407,918
Program Expenses $1,689,605
Other Expenses $763,552
TOTAL EXPENSES $2,320,258

Year-over-Year Comparison

2024 2023 Change
Revenue $2,220,460 $2,166,480 +0.0%
Expenses $2,320,258 $2,232,781 +0.0%
Net Income $-99,798 $-66,301 +0.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
9
Employees
36
Volunteers
200

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
5
$107,814
Total Directors
11
$107,814
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM TSCHIRRET FOUNDER & CEO 40.00
Officer Director
$101,214 $6,600 $107,814
RUBY BROWN-HERRING CHAIR 4.00
Officer Director
$0 $0 $0
KEITH MAGNUSON VICE CHAIR 4.00
Officer Director
$0 $0 $0
LINDA DYER TREASURER 4.00
Officer Director
$0 $0 $0
LORI ACCORDINI SECRETARY 4.00
Officer Director
$0 $0 $0
JASON MCGINNIS DIRECTOR 2.00
Director
$0 $0 $0
PAM WINTERS DIRECTOR 2.00
Director
$0 $0 $0
ALLIN FOULKROD DIRECTOR 2.00
Director
$0 $0 $0
JIM DEJUNEAS DIRECTOR 2.00
Director
$0 $0 $0
STAVIEN HARRISON DIRECTOR 2.00
Director
$0 $0 $0
KAMI RECLA DIRECTOR 2.00
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 $2,220,460 $2,320,258 $3,648,875 $-99,798
2023 $2,166,480 $2,232,781 $3,740,630 $-66,301
2022 $2,144,304 $1,864,090 $3,863,307 $280,214
2021 $1,986,531 $1,461,831 $3,573,535 $524,700
2020 $1,849,556 $1,179,525 $3,069,121 $670,031
2019 $1,389,388 $1,288,039 $2,167,778 $101,349
2018 $1,175,996 $1,019,594 $2,076,673 $156,402
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