TAKE FLIGHT FARMS INC (EIN 400001019) - 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

2002

Legal Domicile

Principal Officer

Mary Sutton

Phone

4029303037

Tax Period

2022-01-01 to 2022-12-31

TAKE FLIGHT FARMS INC, founded in 2002, is a micro nonprofit that reported $57K in total revenue in fiscal year 2022. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $129K exceeded revenue, resulting in a 125% operating deficit.

Mission

TO DEVELOP CAPABLE AND RESILIENT INDIVIDUALS BY INCORPORATING HORSES INTO THERAPEUTIC AND LEARNING PROGRAMS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $53,921

Program Service Revenue $1,800

Investment Income $0

Other Revenue $1,374

TOTAL REVENUE $57,095

Expense Breakdown

Grants Paid $0

Salaries & Benefits $75,860

Fundraising Expenses $5,700

Program Expenses $103,742

Other Expenses $52,693

TOTAL EXPENSES $128,553

Year-over-Year Comparison

	2022	2021	Change
Revenue	$57,095	$91,795	-0.4%
Expenses	$128,553	$172,184	-0.3%
Net Income	$-71,458	$-80,389	-0.1%

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

$57,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY SUTTON	EXECUTIVE DIRECTOR	40	Officer	$57,000	$0	$57,000
LISA ROSKENS	CHAIRMAN EMERITUS	2	Director	$0	$0	$0
PAULI BISHOP	CHAIR	2	Director	$0	$0	$0
MAURICE COX	BOARD MEMBER	2	Director	$0	$0	$0
SUSAN DENNIS	BOARD MEMBER	2	Director	$0	$0	$0
MEGAN MCGOWAN	BOARD MEMBER	2	Director	$0	$0	$0
LYNDA MOLYNEAUX	BOARD MEMBER	2	Director	$0	$0	$0
RICK PUTNAM	BOARD MEMBER	2	Director	$0	$0	$0
LORI SCOTT	BOARD MEMBER	2	Director	$0	$0	$0
KEVIN MCCARTHY	BOARD MEMBER	2	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
2022	$57,095	$128,553	$460,432	$-71,458
2021	$91,795	$172,184	$531,722	$-80,389
2020	$139,516	$167,045	$612,442	$-27,529
2019	$201,390	$190,470	$641,436	$10,920
2018	$252,054	$238,714	$632,104	$13,340

TAKE FLIGHT FARMS INC