CELTIC CHARMS INC

EIN: 272039852 501(c)(3) Recreation & Sports

ALBEMARLE, NC

Total Revenue
$71,206
Total Expenses
$74,845
Total Assets
$34,172
Net Assets
$32,872
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DE
Principal Officer
William Landuyt
Phone
6462852455
Tax Period
2025-01-01 to 2025-12-31

CELTIC CHARMS INC, founded in 2010, is a micro nonprofit in the Recreation & Sports sector that reported $71K in total revenue in fiscal year 2025. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

Celtic Charms, Inc.'s ("Celtic Charms") mission is to provide care for equines previously engaged in its therapeutic riding activities and/or for equines in need of assistance due to neglect and/or the inability of previous owners to provide a proper level of care.

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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 (2025)

Revenue Breakdown

Contributions & Grants $71,206
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $71,206

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $70,488
Other Expenses $74,845
TOTAL EXPENSES $74,845

Year-over-Year Comparison

2025 2024 Change
Revenue $71,206 $46,709 +0.5%
Expenses $74,845 $67,481 +0.1%
Net Income $-3,639 $-20,772 -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

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Governance

Voting Members
5
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William M Landuyt President, Executive Director, Trustee 50
Officer Director
$0 $0 $0
Mark Alexander Treasurer, Trustee 1
Officer Director
$0 $0 $0
Christine Landuyt Program Director, EVP 15
Officer Director
$0 $0 $0
John Crosby Trustee 1
Director
$0 $0 $0
Alanna Brewton Trustee 1
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
2025 $71,206 $74,845 $34,172 $-3,639
2024 $46,709 $67,481 $37,811 $-20,772
2023 $93,736 $69,975 $62,109 $23,761
2022 $68,274 $69,290 $34,823 $-1,016
2021 $21,156 $51,722 $35,839 $-30,566
2020 $71,740 $73,128 $66,405 $-1,388
2019 $20,756 $65,867 $67,832 $-45,111
2018 $177,225 $188,000 $112,943 $-10,775
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