Equest Center for Therapeutic Riding Inc

EIN: 382938949 501(c)(3) Health Care

Rockford, MI

Total Revenue
$930,546
Total Expenses
$905,338
Total Assets
$4,049,419
Net Assets
$4,025,386
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MI
Principal Officer
Kathleen Ryan
Phone
6168663066
Tax Period
2025-01-01 to 2025-12-31

Equest Center for Therapeutic Riding Inc, founded in 1990, is a small nonprofit in the Health Care sector that reported $931K in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. Net assets of $4.0M represent 52 months of operating reserves.

Mission

We improve quality of life through equine-based therapy to physically, mentally and socially/emotionally challenged individuals. Our unique program integrates academic, social and physical skills using the horse as a catalyst.

Program Service Accomplishments

Program 1
Expenses: $713,300 Revenue: $112,971

Equine therapy is recognized as one of the more progressive forms of therapy. It combines instruction in traditional horsemanship skills with concepts of physical therapy, occupational therapy and...

Read more

Equine therapy is recognized as one of the more progressive forms of therapy. It combines instruction in traditional horsemanship skills with concepts of physical therapy, occupational therapy and social/emotional therapies to improve the riders in balance, posture, coordination, strength and stamina. Riders also see improvements in areas of sequencing, spatial relationships and auditory short-term knowledge. Social and emotional benefits include improved self confidence, patience, emotional control, interest in the outside world and respect and love for animals and other people. The Equest Center also provides opportunities for senior citizens, military veterans, Gildas Club members, deaf and HOH to ride. We partner with colleges, medical teaching institutions and local high schools for hands-on learning and volunteer opportunities. The Equest Center serves 200 special needs individuals each week assisted by more than 1000 volunteers who served 50,000 hours.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $835,123
Program Service Revenue $111,776
Investment Income $-2,822
Other Revenue $-13,531
TOTAL REVENUE $930,546

Expense Breakdown

Grants Paid $0
Salaries & Benefits $425,899
Fundraising Expenses $74,083
Program Expenses $713,300
Other Expenses $479,439
TOTAL EXPENSES $905,338

Year-over-Year Comparison

2025 2024 Change
Revenue $930,546 $797,718 +0.2%
Expenses $905,338 $821,191 +0.1%
Net Income $25,208 $-23,473 -2.1%
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

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
34
Volunteers
1020

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
5
$94,823
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathleen Ryan Executive Director 50.00
Officer
$94,823 $0 $94,823
Catherine Michael Director 2.00
Director
$0 $0 $0
Lori Cook Director 2.00
Director
$0 $0 $0
Beth Spica Director 2.00
Director
$0 $0 $0
Denise Gregory Director 2.00
Director
$0 $0 $0
Jordan Custer Vice President 3.00
Officer Director
$0 $0 $0
Micki Ackerman Director 2.00
Director
$0 $0 $0
Jeff Agar Director 2.00
Director
$0 $0 $0
Matt Johnson Secretary 3.00
Officer Director
$0 $0 $0
Robert Bondy Treasurer 3.00
Officer Director
$0 $0 $0
Rachel Mraz President 3.00
Officer Director
$0 $0 $0
Kyle Purdy 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 $930,546 $905,338 $4,049,419 $25,208
2024 $797,718 $821,191 $4,043,939 $-23,473
2023 $1,541,964 $726,438 $4,050,994 $815,526
2022 $2,110,319 $651,486 $3,221,368 $1,458,833
2021 $847,429 $508,460 $1,763,026 $338,969
2020 $933,873 $522,355 $1,477,051 $411,518
2019 $841,691 $532,350 $1,485,065 $309,341
2018 $560,124 $577,686 $1,261,803 $-17,562
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Equest Center for Therapeutic Riding Inc with other nonprofits in Michigan and across the country.