HOPE HORSES INC

EIN: 274334854 501(c)(3) Diseases & Disorders

CULLMAN, AL

Total Revenue
$429,647
Total Expenses
$287,333
Total Assets
$517,545
Net Assets
$513,113
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AL
Principal Officer
STEPHANIE WIGGINS
Phone
2568416290
Tax Period
2025-01-01 to 2025-12-31

HOPE HORSES INC, founded in 2010, is a small nonprofit in the Diseases & Disorders sector that reported $131K in total revenue in fiscal year 2018. Revenue surged 26% from the prior year, signaling strong growth momentum. Net assets of $305K represent 28 months of operating reserves.

Mission

PROVIDING SAFE & EFFECTIVE THERAPEUTIC & RECREATIONAL HORSEBACK RIDING OPPORTUNITIES TO CHILDREN AND ADULTS WITH EMOTIONAL, PHYSICAL, COGNITAVE, AND DEVELOPMENTAL DISABILITIES IN CULLMAN COUNTY, ALABAMA AND THE SURROUNDING AREA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $320,081
Program Service Revenue $22,394
Investment Income $5,591
Other Revenue $81,581
TOTAL REVENUE $429,647

Expense Breakdown

Grants Paid $0
Salaries & Benefits $137,909
Fundraising Expenses $494
Program Expenses $234,210
Other Expenses $149,424
TOTAL EXPENSES $287,333

Year-over-Year Comparison

2025 2024 Change
Revenue $429,647 $274,953 +0.6%
Expenses $287,333 $247,407 +0.2%
Net Income $142,314 $27,546 +4.2%
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

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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
12
Independent Members
12
Employees
5
Volunteers
252

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
$48,808
Total Directors
13
$48,808
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE WIGGINS PRESIDENT 1.00
Officer Director
$0 $0 $0
KRISTA MCGRIFF VICE PRESIDE 0.25
Officer Director
$0 $0 $0
AUDREY HARBISON TREASURER 1.00
Officer Director
$0 $0 $0
PAGE DOWDY SECRETARY 0.25
Officer Director
$0 $0 $0
MAGAN BARTLETT BOARD MEMBER 0.25
Director
$0 $0 $0
DAVID WIGGINS BOARD MEMBER 0.25
Director
$0 $0 $0
TIFFANY OLDACRE BOARD MEMBER 0.25
Director
$0 $0 $0
MANDY TROLARD BOARD MEMBER 0.25
Director
$0 $0 $0
SABRINA HUDSON BOARD MEMBER 0.25
Director
$0 $0 $0
KEVIN RICE BOARD MEMBER 0.25
Director
$0 $0 $0
LONA YEARWOOD BOARD MEMBER 0.25
Director
$0 $0 $0
MICHELLE ST MARIE BOARD MEMBER 0.25
Director
$0 $0 $0
KELSEY SCOTT EXECUTIVE DI 40.00
Officer Director
$48,808 $0 $48,808
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 $429,647 $287,333 $517,545 $142,314
2024 No data No data No data No data
2023 $213,219 $224,233 $345,840 $-11,014
2022 $222,734 $242,444 $356,495 $-19,710
2018 $131,082 $134,909 $305,582 $-3,827
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