PEGASUS FARM (EIN 341472997) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

SHELLEY SPRANG

Phone

3309352300

Tax Period

2023-01-01 to 2023-12-31

PEGASUS FARM, founded in 1985, is a community nonprofit in the Recreation & Sports sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 15% surplus.

Mission

THE MISSION OF PEGASUS FARM IS TO CREATE A COMMUNITY THAT HOLISTICALLY SUPPORTS AND EMPOWERS PEOPLE WITH DIVERSE NEEDS THROUGH THERAPEUTIC EQUESTRIAN PROGRAMS, VOCATIONAL SERVICES, AND RECREATIONAL AND SOCIAL ACTIVITIES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $773,952

Program Service Revenue $658,603

Investment Income $15,255

Other Revenue $455,447

TOTAL REVENUE $1,903,257

Expense Breakdown

Grants Paid $31,699

Salaries & Benefits $1,039,430

Fundraising Expenses $0

Program Expenses $1,369,448

Other Expenses $556,126

TOTAL EXPENSES $1,627,255

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,903,257	$1,331,569	+0.4%
Expenses	$1,627,255	$1,487,738	+0.1%
Net Income	$276,002	$-156,169	-2.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

145

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

$56,227

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELLEY SPRANG	EXECUTIVE DI	40.00	Officer	$56,227	$0	$56,227
LAURA FRYAN	PRESIDENT	8.00	Officer Director	$0	$0	$0
JAMES JENKINS	TREASURER	8.00	Officer Director	$0	$0	$0
GARRETT BROWN	VICE PRESIDE	8.00	Officer Director	$0	$0	$0
EILEEN WILE	SECRETARY	8.00	Director	$0	$0	$0
DAVID TALENDA	TRUSTEE	6.00	Director	$0	$0	$0
DIANNA FAIRCLOUGH	TRUSTEE	6.00	Director	$0	$0	$0
NANCY ECKINGER	TRUSTEE	6.00	Director	$0	$0	$0
DANIEL BOYER	TRUSTEE	6.00	Director	$0	$0	$0
ANGELA CLAYPOOL	TRUSTEE	6.00	Director	$0	$0	$0
KAYLA BURDETT	TRUSTEE	6.00	Director	$0	$0	$0
JARRED ZAPOLNIK	TRUSTEE	6.00	Director	$0	$0	$0
DAN LOWMILLER	TRUSTEE	6.00	Director	$0	$0	$0
MARK TREW	TRUSTEE	6.00	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	No data	No data	No data	No data
2023	$1,903,257	$1,627,255	$3,348,248	$276,002
2022	$1,331,569	$1,487,738	$2,869,395	$-156,169
2021	$1,440,332	$1,313,638	$3,046,238	$126,694
2020	$1,148,114	$1,218,376	$3,021,374	$-70,262
2019	$1,216,578	$1,291,794	$3,084,507	$-75,216
2018	$1,202,466	$1,189,834	$3,102,133	$12,632

PEGASUS FARM