MIDWEST THERAPEUTIC RIDING PROGRAM INC (EIN 391964780) - 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

2000

Legal Domicile

Principal Officer

Michael Kubarth

Phone

2628592240

Tax Period

2024-01-01 to 2024-12-31

MIDWEST THERAPEUTIC RIDING PROGRAM INC, founded in 2000, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 972% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 91% operating margin.

Mission

Provide Therapeutic Horseback Riding for Children with Physical, Cognitive, and/or Emotional Disabilities.

🔒

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 $1,357,003

Program Service Revenue $64,466

Investment Income $3,636

Other Revenue $0

TOTAL REVENUE $1,425,105

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,899

Fundraising Expenses $809

Program Expenses $122,779

Other Expenses $72,692

TOTAL EXPENSES $125,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,425,105	$132,887	+9.7%
Expenses	$125,591	$107,952	+0.2%
Net Income	$1,299,514	$24,935	+51.1%

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

Governance

Voting Members

Independent Members

Employees

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

$49,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephanie Clausen-Kubarth	Executive Director	40.00	Key Emp	$49,000	$0	$49,000
SaraLee Clausen	President	2.00	Officer	$0	$0	$0
Michael Kubarth	Vice-President	10.00	Officer	$0	$0	$0
Tom Barosso	SecTreasurer	2.00	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
2025	No data	No data	No data	No data
2024	$1,425,105	$125,591	$1,399,282	$1,299,514

MIDWEST THERAPEUTIC RIDING PROGRAM INC