HOPE AFTER RACING THOROUGHBREDS

EIN: 451595018 501(c)(3) Animal-Related

ALTOONA, IA

Total Revenue
$190,527
Total Expenses
$164,119
Total Assets
$88,560
Net Assets
$88,560
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
IA
Principal Officer
DR STEPHANIE WHITE DVM
Phone
5159674804
Tax Period
2024-01-01 to 2024-12-31

HOPE AFTER RACING THOROUGHBREDS, founded in 2011, is a small nonprofit in the Animal-Related sector that reported $191K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $164K left a modest 14% surplus.

Mission

THE ORGANIZATION IS TO BE A REFUGE FOR NONCOMPETITIVE, SOMETIMES INJURED RACEHORSES PROVIDING A PEACEFUL ENVIRONMENT AND SKILLED HANDS TO ASSIST IN THEIR DEVELOPMENT, REHABILITATE OR RE-TRAIN AFTER RACING CAREER IS OVER. TO PLACE THESE HORSES IN EXPERIENCED LOVING HOMES THAT WILL CONTINUE THEIR EDUCATION SO EACH HAS A VIABLE SKILL AND THEREFORE, A FUTURE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $144,389
Program Service Revenue $33,881
Investment Income $0
Other Revenue $12,257
TOTAL REVENUE $190,527

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $156,644
Other Expenses $164,119
TOTAL EXPENSES $164,119

Year-over-Year Comparison

2024 2023 Change
Revenue $190,527 $149,564 +0.3%
Expenses $164,119 $136,816 +0.2%
Net Income $26,408 $12,748 +1.1%
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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR STEPHANIE WHITE DVM PRESIDENT 1.00
Officer Director
$0 $0 $0
DR THERESA WHITE DVM VICE PRESIDE 1.00
Officer Director
$0 $0 $0
MICHELLE MCSHANE TREASURER 1.00
Officer Director
$0 $0 $0
GARRICK MALLORY DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE ELIASEN LEFT 2024 SECRETARY N/A
Officer Director
$0 $0 $0
KRISTAL FREESE DIRECTOR 1.00
Director
$0 $0 $0
DR JACLYN BRADLEY DVM DIRECTOR 1.00
Director
$0 $0 $0
JANET COVEY LEFT SEPTEMBER 2024 DIRECTOR N/A
Director
$0 $0 $0
ALEXIS GILL DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH GIBSON DIRECTOR 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 $190,527 $164,119 $88,560 $26,408
2023 $149,564 $136,816 $62,152 $12,748
2022 $123,521 $121,369 $49,404 $2,152
2021 $120,146 $118,328 $47,252 $1,818
2020 $129,565 $90,986 $45,434 $38,579
2019 $87,658 $104,434 $6,855 $-16,776
2018 $68,611 $72,164 $23,631 $-3,553
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOPE AFTER RACING THOROUGHBREDS with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.