SOAR ARENA THERAPEUTIC RIDING (EIN 352552709) - 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

2016

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

SOAR ARENA THERAPEUTIC RIDING, founded in 2016, is a small nonprofit in the Health Care sector that reported $282K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

TO DELIVER THERAPEUTIC HORSEBACK RIDING EXPERIENCES TO CHILDREN & ADULTS WITH PHYSICAL, MENTAL, EMOTIONAL AND LEARNING DISABILITIES...TO HELP EACH INDIVIDUAL WITH ANY ABILITY TO INCREASE THEIR QUALITY OF LIFE, BUILD CONFIDENCE, DEVELOP THEIR BASIC LIFE SKILLS AND THE MAXIMUM INDE

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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 $151,429

Program Service Revenue $130,551

Investment Income $0

Other Revenue $0

TOTAL REVENUE $281,980

Expense Breakdown

Grants Paid $0

Salaries & Benefits $203,549

Fundraising Expenses $41,392

Program Expenses $261,040

Other Expenses $91,475

TOTAL EXPENSES $302,432

Year-over-Year Comparison

	2023	2022	Change
Revenue	$281,980	$196,350	+0.4%
Expenses	$302,432	$117,137	+1.6%
Net Income	$-20,452	$79,213	-1.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDY WALKER	BOARD MEMBER	0.25	Officer	$0	$0	$0
CARIE KAHANEK	BOARD MEMBER	0.25	Officer	$0	$0	$0
JOANNA UNDERWOOD	VICE PRESIDENT	0.25	Officer	$0	$0	$0
GWEN NORRIS	SECRETARYTREASURER	0.25	Officer	$0	$0	$0
JOY JONES	PRESIDENT	0.25	Officer	$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	$281,980	$302,432	$-20,452	$-20,452

SOAR ARENA THERAPEUTIC RIDING