WE CAN RIDE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

NITA HUGHES

Phone

9529340057

Tax Period

2024-01-01 to 2024-12-31

WE CAN RIDE INC, founded in 1982, is a small nonprofit that reported $743K in total revenue in fiscal year 2024.

Mission

IMPROVE THE LIVES OF INDIVIDUALS WITH DISABILITIES/SPECIAL NEEDS THROUGH EQUINE ASSISTED ACTIVITIES

Program Service Accomplishments

Program 1

Expenses: $680,068 Revenue: $243,948

FOR THE YEAR ENDING DEC. 31, 2024, THE ORGANIZATION PROVIDED 204 INDIVIDUALS EQUINE THERAPEUTIC SERVICES. THE HIPPOTHERAPY PROGRAM, WHICH USES HORSES AS A THERAPY STRATEGY TOOL AND IS ONE-ON-ONE WITH A THERAPIST, SERVED 10 INDIVIDUALS IN 30 SLOTS OFFERED. THE THERAPEUTIC RIDING PROGRAM, WHICH USES THE HORSE AS A THERAPEUTIC RIDING TOOL IN A GROUP SETTING SERVED 81 INDIVIDUALS IN 225 SLOTS OFFERED. THE EQUINE ASSISTED LEARNING PROGRAM, WHICH USES HORSES ON THE GROUND WITH NO RIDING COMPONENT, SERVED 88 INDIVIDUALS. THE VOLUNTEER RIDING PROGRAM, WHICH OFFERS RIDING LESSONS TO THOSE WHO VOLUNTEER FOR THE PROGRAM, SERVED 17 INDIVIDUALS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $406,293

Program Service Revenue $233,537

Investment Income $2,339

Other Revenue $100,671

TOTAL REVENUE $742,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $480,581

Fundraising Expenses $63,851

Program Expenses $680,068

Other Expenses $309,793

TOTAL EXPENSES $790,374

Year-over-Year Comparison

	2024	2023	Change
Revenue	$742,840	$696,937	+0.1%
Expenses	$790,374	$757,396	+0.0%
Net Income	$-47,534	$-60,459	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

475

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

$86,664

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELENA BELLIN	VICE CHAIR	3.00	Officer Director	$0	$0	$0
ERIN DUNN	TREASURER	4.00	Officer Director	$0	$0	$0
KAREN BONANDER	SECRETARY	3.50	Officer Director	$0	$0	$0
KELLY DIETRICH	DIRECTOR	5.00	Director	$0	$0	$0
MARNIE OCHS-RALEIGH	DIRECTOR	3.00	Director	$0	$0	$0
LAURIE BURGESS	CHAIR	5.00	Officer Director	$0	$0	$0
JOE TIMMONS	DIRECTOR	2.00	Director	$0	$0	$0
NATALIE MIELOCH	DIRECTOR	3.00	Director	$0	$0	$0
MARY MITTEN	FORMER EXECUTIVE DIRECTOR	40.00	Officer	$8,414	$580	$8,994
NITA HUGHES	EXECUTIVE DIRECTOR	40.00	Officer	$70,811	$6,859	$77,670

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	$742,840	$790,374	$469,846	$-47,534
2023	$696,937	$757,396	$524,400	$-60,459
2022	$732,851	$698,146	$584,130	$34,705
2021	$706,700	$629,579	$568,560	$77,121
2020	$556,536	$625,557	$514,393	$-69,021
2019	$631,704	$637,869	$507,798	$-6,165
2018	$552,338	$558,328	$497,148	$-5,990