Therapeutic Riding Inc

EIN: 382487220 501(c)(3)

Ann Arbor, MI

Total Revenue
$532,630
Total Expenses
$612,015
Total Assets
$2,696,838
Net Assets
$2,678,777
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MI
Principal Officer
Tammera Bollman
Phone
7346770303
Tax Period
2025-01-01 to 2025-12-31

Therapeutic Riding Inc, founded in 1984, is a small nonprofit that reported $533K in total revenue in fiscal year 2025. Expenses of $612K exceeded revenue, resulting in a 15% operating deficit.

Mission

To provide a therapeutic environment through horseback riding and other activities for people with disabilities or other challenges.

Program Service Accomplishments

Program 1
Expenses: $476,896 Revenue: $89,299

To provide individuals with physical, cognitive, emotional or other disabilities with exercise through therapeutic horseback riding.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $320,127
Program Service Revenue $89,299
Investment Income $21,158
Other Revenue $102,046
TOTAL REVENUE $532,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $352,017
Fundraising Expenses $62,068
Program Expenses $476,896
Other Expenses $259,998
TOTAL EXPENSES $612,015

Year-over-Year Comparison

2025 2024 Change
Revenue $532,630 $559,632 0.0%
Expenses $612,015 $509,975 +0.2%
Net Income $-79,385 $49,657 -2.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
16
Volunteers
135

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
4
$99,335
Total Directors
11
$99,335
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tammera Bollman Executive Director 40.00
Officer Director
$99,335 $0 $99,335
Daniel J Morin President 2.00
Officer Director
$0 $0 $0
Rachel Arocha Treasurer 2.00
Officer Director
$0 $0 $0
Judith Levy Secretary 2.00
Officer Director
$0 $0 $0
Elizabeth A Holm Director 2.00
Director
$0 $0 $0
Ann M Blakeslee Director 2.00
Director
$0 $0 $0
Erik Robeznieks Director 2.00
Director
$0 $0 $0
Kathryn L Burkhart Director 2.00
Director
$0 $0 $0
Luanne Reaume Director 2.00
Director
$0 $0 $0
Julie Lange Varga MD Director 2.00
Director
$0 $0 $0
Megan Marshall Director 2.00
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
2025 $532,630 $612,015 $2,696,838 $-79,385
2024 $559,632 $509,975 $2,742,476 $49,657
2023 $497,540 $507,488 $2,679,810 $-9,948
2022 $439,391 $501,940 $2,633,977 $-62,549
2021 $566,594 $460,161 $2,715,525 $106,433
2020 $404,751 $430,654 $2,674,225 $-25,903
2019 $409,610 $459,677 $2,637,711 $-50,067
2018 $359,124 $433,609 $2,687,474 $-74,485
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