CENTRAL KENTUCKY RIDING FOR HOPE INC (EIN 311024505) - 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

1981

Legal Domicile

Principal Officer

PAT KLINE

Phone

8592317066

Tax Period

2023-01-01 to 2023-12-31

CENTRAL KENTUCKY RIDING FOR HOPE INC, founded in 1981, is a small nonprofit that reported $791K in total revenue in fiscal year 2023. Expenses of $895K exceeded revenue, resulting in a 13% operating deficit.

Mission

CKRH IS A PREMIER ACCREDITED CENTER OF PATH INTERNATIONAL ORGANIZATION (PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP INTERNATIONAL) LOCATED AT THE KENTUCKY HORSE PARK IN LEXINGTON. WE PROVIDE EQUINE ASSISTED ACTIVITIES AND THERAPIES IN A MANNER THAT CHALLENGES INDIVIDUALS WITH DISABILITIES TO ACHIEVE THEIR MAXIMUM POTENTIAL, MAINTAIN EXCELLENCE IN THE CARE AND MANAGEMENT OF OUR THERAPEUTIC HORSE HERD, VALUE OUR DONORS BY THE WORK WE PRODUCE, RECOGNIZE THAT OUR VOLUNTEERS ARE OUR MOST IMPORTANT RESOURCE, PROVIDE A SAFE ENVIRONMENT FOR ALL, AND ENCOURAGE DIVERSITY IN ALL ASPECTS OF OUR PROGRAM.

🔒

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 $710,481

Program Service Revenue $35,254

Investment Income $14,325

Other Revenue $30,806

TOTAL REVENUE $790,866

Expense Breakdown

Grants Paid $0

Salaries & Benefits $585,846

Fundraising Expenses $103,287

Program Expenses $688,193

Other Expenses $308,921

TOTAL EXPENSES $894,767

Year-over-Year Comparison

	2023	2022	Change
Revenue	$790,866	$774,919	+0.0%
Expenses	$894,767	$869,275	+0.0%
Net Income	$-103,901	$-94,356	+0.1%

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

164

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

$93,881

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTHA JANE MULHOLLAND	PRESIDENT	5.00	Officer Director	$0	$0	$0
AMY L OWENS	SECRETARY	5.00	Officer Director	$0	$0	$0
ADAM CAMPBELL	TREASURER	5.00	Officer Director	$0	$0	$0
DANNY MULVIHILL	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN BUNNING	DIRECTOR	2.00	Director	$0	$0	$0
TOM CREECH	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH LEATHERMAN	DIRECTOR	2.00	Director	$0	$0	$0
STANLEY MARCINEK JR	2ND VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
PETER MORRESEY	1ST VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CINDY NELSON	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD A NUNNELLEY	DIRECTOR	2.00	Director	$0	$0	$0
BRAD SCROGGIN	DIRECTOR	2.00	Director	$0	$0	$0
KARI H SIMON	DIRECTOR	2.00	Director	$0	$0	$0
PETE HESTER	DIRECTOR	2.00	Director	$0	$0	$0
RHONDA NORBY	DIRECTOR	2.00	Director	$0	$0	$0
JASON WELLS	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT MALLORY	DIRECTOR	2.00	Director	$0	$0	$0
SYDNEY HUGHES	DIRECTOR	2.00	Director	$0	$0	$0
JOHN HENRY MULHOLLAND	DIRECTOR	2.00	Director	$0	$0	$0
LORI GRETHER	DIRECTOR	2.00	Director	$0	$0	$0
PAT KLINE	EXECUTIVE DIRECTOR, CEO	50.00	Officer	$93,881	$0	$93,881

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	No data	No data	No data	No data
2023	$790,866	$894,767	$5,546,421	$-103,901
2022	$774,919	$869,275	$5,551,877	$-94,356
2021	$835,731	$811,620	$5,778,420	$24,111
2020	$815,651	$739,212	$5,615,628	$76,439
2019	$666,022	$704,112	$5,490,160	$-38,090
2018	$803,494	$755,345	$5,486,525	$48,149

CENTRAL KENTUCKY RIDING FOR HOPE INC