RIVER VALLEY RIDERS

EIN: 411949447 501(c)(3) Health Care

WOODBURY, MN

Total Revenue
$379,670
Total Expenses
$248,631
Total Assets
$2,724,414
Net Assets
$2,713,224
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MN
Principal Officer
KATHY DOUCETTE
Phone
6514392558
Tax Period
2023-01-01 to 2023-12-31

RIVER VALLEY RIDERS, founded in 1999, is a small nonprofit in the Health Care sector that reported $380K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $131K, a strong 35% operating margin.

Mission

OUR MISSION IS TO CREATE A SUPPORTIVE COMMUNITY WHERE PEOPLE WITH SPECIAL NEEDS CONNECT WITH HORSES AND EXPERIENCE LIFE-CHANGING BENEFITS. OUR EQUINE-ASSISTED SERVICES INCLUDE THERAPEUTIC HORSEBACK RIDING, CARRIAGE DRIVING AND HIPPOTHERAPY.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $246,888
Program Service Revenue $127,960
Investment Income $8,749
Other Revenue $-3,927
TOTAL REVENUE $379,670

Expense Breakdown

Grants Paid $3,900
Salaries & Benefits $96,257
Fundraising Expenses $33,900
Program Expenses $179,293
Other Expenses $148,474
TOTAL EXPENSES $248,631

Year-over-Year Comparison

2023 2022 Change
Revenue $379,670 $545,848 -0.3%
Expenses $248,631 $242,887 +0.0%
Net Income $131,039 $302,961 -0.6%
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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Governance

Voting Members
10
Independent Members
10
Employees
10
Volunteers
200

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
6
$73,000
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY JO HANSON CFO/DEV. DIR 30.00
Officer
$37,000 $0 $37,000
CHERYL HOLT EXECUTIVE DI 30.00
Officer
$36,000 $0 $36,000
MADELINE BOE BOARD MEMBER 2.00
Director
$0 $0 $0
LYZ CARLSON TREASURER 3.00
Officer Director
$0 $0 $0
SUSAN CONNOLLY BOARD MEMBER 3.00
Director
$0 $0 $0
KATHY DOUCETTE CHAIR 5.00
Officer Director
$0 $0 $0
RANDY ELLINGBOE BOARD MEMBER 3.00
Director
$0 $0 $0
SUZANNE KLEIN VICE CHAIR 3.00
Officer Director
$0 $0 $0
BRAY SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
TERRY SMITH BOARD MEMBER 5.00
Director
$0 $0 $0
SHANNON TREICHEL BOARD MEMBER 2.00
Director
$0 $0 $0
TIM WARD SECRETARY 3.00
Officer 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
2024 No data No data No data No data
2023 $379,670 $248,631 $2,724,414 $131,039
2022 $545,848 $242,887 $2,718,960 $302,961
2021 $531,769 $192,952 $2,439,234 $338,817
2020 $449,725 $137,820 $2,147,508 $311,905
2019 $344,476 $134,415 $1,839,345 $210,061
2018 $310,947 $76,895 $1,641,196 $234,052
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