FRIENDS FOR THERAPEUTIC EQUINE ACTIVITIES (EIN 364095011) - 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

1996

Legal Domicile

Principal Officer

JAMES WINKELMAN

Phone

6305888543

Tax Period

2025-01-01 to 2025-12-31

FRIENDS FOR THERAPEUTIC EQUINE ACTIVITIES, founded in 1996, is a small nonprofit that reported $265K in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year. Expenses of $305K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE A PROGRAM OF THERAPEUTIC HORSEBACK RIDING TO INDIVIDUALS WITH PHYSICAL, EMOTINOAL, COGNITIVE AND/OR SOCIAL CHALLENGES. THE PROGRAM SEEKS TO MEET THE SPECIAL NEEDS OF EACH PROGRAM PARTICIPANT IN A RECREATIONAL SETTING.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $0

Investment Income $172,349

Other Revenue $0

TOTAL REVENUE $173,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,208

Fundraising Expenses $0

Program Expenses $145,586

Other Expenses $157,908

TOTAL EXPENSES $159,116

Year-over-Year Comparison

	2025	2024	Change
Revenue	$173,349	$93,679	+0.9%
Expenses	$159,116	$143,254	+0.1%
Net Income	$14,233	$-49,575	-1.3%

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

N/A

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
RUSSELL BROWN	BOARD MEMBER	N/A	Director	$0	$0	$0
JUDY KESTNER	SECRETARY	N/A	Officer Director	$0	$0	$0
KEVIN KNIGHT	BOARD MEMBER	N/A	Director	$0	$0	$0
BARB RUTHERFORD	BOARD MEMBER	N/A	Director	$0	$0	$0
JAMES WINKELMAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
MATT WINKELMAN	TREASURER	N/A	Officer 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
2025	$173,349	$159,116	No data	$14,233
2024	No data	No data	No data	No data
2023	$250,547	$275,735	$642,379	$-25,188
2022	$314,749	$276,098	$682,360	$38,651
2021	$249,230	$269,291	$697,288	$-20,061
2020	$250,479	$301,814	$706,556	$-51,335
2019	$318,859	$305,300	$768,063	$13,559
2018	$265,130	$305,175	$759,627	$-40,045

FRIENDS FOR THERAPEUTIC EQUINE ACTIVITIES