ALATHEIA RIDING CENTER

EIN: 451552046 501(c)(3) Human Services

WENATCHEE, WA

Total Revenue
$975,881
Total Expenses
$575,012
Total Assets
$3,407,039
Net Assets
$2,871,123
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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
2011
Legal Domicile
WA
Principal Officer
SUSAN WALL
Phone
5096308710
Tax Period
2023-01-01 to 2023-12-31

ALATHEIA RIDING CENTER, founded in 2011, is a small nonprofit in the Human Services sector that reported $976K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $401K, a strong 41% operating margin.

Mission

ALATHEIA RIDING CENTER PROVIDES EQUINE ASSISTED SERVICES TO OVER 122 THERAPEUTIC PARTICIPANTS WITH PHYSICAL AND DEVELOPMENTAL DISABILITIES, 35 VETERANS ANNUALLY FOR 8 WEEKS EACH, AND 20 ADULTS WITH DEVELOPMENT DELAY FOR COMMUNITY INCLUSION AND LIFE SKILLS TRAINING. THIS WORK IS DONE WITH THE SUPPORT OF 12 HORSES, 150 VOLUNTEERS, 8 INSTRUCTORS, 3 FACILITY MAINTENANCE AND 2 ADMINISTRATIVE STAFF. WE PROVIDE EQUINE ASSISTED SERVICES TO MEMBERS OF THE DISABILITIES AND VETERANS COMMUNITIES OF NORTH CENTRAL WASHINGTON STATE. OUR PUBLISHED MISSION IS "CHANGING LIVES WITH THE HEALING POWER OF HORSES."

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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 $901,885
Program Service Revenue $58,112
Investment Income $12,126
Other Revenue $3,758
TOTAL REVENUE $975,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $377,307
Fundraising Expenses $55,979
Program Expenses $465,129
Other Expenses $197,705
TOTAL EXPENSES $575,012

Year-over-Year Comparison

2023 2022 Change
Revenue $975,881 $1,489,852 -0.3%
Expenses $575,012 $601,948 0.0%
Net Income $400,869 $887,904 -0.5%
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

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Governance

Voting Members
9
Independent Members
8
Employees
13
Volunteers
150

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
4
$97,981
Total Directors
10
$97,981
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY GRETTE EXECUTIVE DI 40.00
Officer Director
$94,616 $3,365 $97,981
SHILOH BURGESS VICE CHAIR 2.00
Officer Director
$0 $0 $0
JAMES COKER BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON COOK BOARD MEMBER 1.00
Director
$0 $0 $0
GLENN GRETTE BOARD MEMBER 5.00
Director
$0 $0 $0
STACY SUYDAM SECRETARY/TR 5.00
Officer Director
$0 $0 $0
DEBRA VAUGHN BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN WALL CHAIR OF THE 5.00
Officer Director
$0 $0 $0
KATELYN WENZEL-GRETTE BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDAN WILSON BOARD MEMBER 1.00
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 $975,881 $575,012 $3,407,039 $400,869
2022 $1,489,852 $601,948 $3,026,414 $887,904
2021 $1,089,466 $459,245 $2,163,349 $630,221
2021 $1,089,466 $459,245 $2,163,349 $630,221
2020 $475,824 $340,880 $1,569,265 $134,944
2019 $718,864 $410,437 $1,469,238 $308,427
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