NORTHERN KY HORSE NETWORK INC

🔒

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

2007

Legal Domicile

Principal Officer

MINDY BURKE

Phone

5139105112

Tax Period

2024-01-01 to 2024-12-31

NORTHERN KY HORSE NETWORK INC, founded in 2007, is a micro nonprofit in the Animal-Related sector that reported $16K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $15K left a modest 9% surplus.

Mission

THE MISSION OF THE NORTHERN KENTUCKY HORSE NETWORK IS TO ENRICH OUR HORSE INDUSTRY AND COMMUNITY, "TO PROMOTE, PROTECT AND EDUCATE."

Program Service Accomplishments

Program 1

Expenses: $12,519

ACCOMPLISHMENTS OF THE NORTHERN KY HORSE NETWORK INCLUDE EQUINE MASSAGE, LAMENESS AND FIRST AID, HORSESHOEING, TRAIL RIDING AND BASIC HORSEMANSHIP AND SHOWMANSHIP.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $615

Program Service Revenue $15,365

Investment Income $0

Other Revenue $0

TOTAL REVENUE $15,980

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,519

Other Expenses $14,534

TOTAL EXPENSES $14,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,980	$11,140	+0.4%
Expenses	$14,534	$15,098	0.0%
Net Income	$1,446	$-3,958	-1.4%

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

N/A

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
MINDY BURKE	TREASURER	N/A	Officer	$0	$0	$0
JACKIE HOLLAND	VICE PRESIDE	N/A	Officer	$0	$0	$0
TRISH KREMER	PRESIDENT	N/A	Officer	$0	$0	$0
ANETTE SCHONABAUM	SECRETARY	N/A	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	$15,980	$14,534	$34,865	$1,446
2023	$11,140	$15,098	$33,419	$-3,958
2022	$22,088	$16,814	$37,377	$5,274
2021	$26,656	$21,443	$32,103	$5,213
2020	$13,692	$10,441	$26,791	$3,251
2019	$35,466	$27,256	$23,540	$8,210
2018	$43,471	$27,917	$15,330	$15,554