SUMMIT EQUESTRIAN CENTER INC (EIN 273693550) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

ALLISON WHEATON

Phone

2604105840

Tax Period

2023-01-01 to 2023-12-31

SUMMIT EQUESTRIAN CENTER INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $468K in total revenue in fiscal year 2023. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $312K, a strong 67% operating margin.

Mission

EQUINE ASSISTED THERAPY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $472,247

Program Service Revenue $7,536

Investment Income $-16,338

Other Revenue $4,539

TOTAL REVENUE $467,984

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $35,524

Fundraising Expenses $14,851

Program Expenses $103,082

Other Expenses $116,779

TOTAL EXPENSES $156,303

Year-over-Year Comparison

	2023	2022	Change
Revenue	$467,984	$191,896	+1.4%
Expenses	$156,303	$119,705	+0.3%
Net Income	$311,681	$72,191	+3.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$35,524

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLISON WHEATON	EXECUTIVE DI	60.00	Officer	$35,524	$0	$35,524
TIFFANY YOQUELET	CHAIR	5.00	Officer Director	$0	$0	$0
SARA HARPER	SECRETARY	10.00	Officer Director	$0	$0	$0
SUE SHILTS	DIRECTOR	12.00	Director	$0	$0	$0
MICHAEL SIMPSON	TREASURER	5.00	Officer Director	$0	$0	$0
KEVIN MORSE	DIRECTOR	6.00	Director	$0	$0	$0
JOHN BUONANNO	DIRECTOR	4.00	Director	$0	$0	$0
MARCIA CARTER	DIRECTOR	10.00	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
2023	$467,984	$156,303	$482,024	$311,681

SUMMIT EQUESTRIAN CENTER INC