THE RED BARN (EIN 452593191) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

SHANNON HORSLEY

Phone

2056998204

Tax Period

2024-01-01 to 2024-12-31

THE RED BARN, founded in 2011, is a small nonprofit in the Health Care sector that reported $668K in total revenue in fiscal year 2018. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $740K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE RED BARN, INC. (THE ORGANIZATION) IS A NON-PROFIT ORGANIZATION INCORPORATED UNDER THE LAWS OF ALABAMA FOR THE PURPOSE OF PROVIDING EDUCATIONAL, THERAPEUTIC, AND EQUINE-ASSISTED PROGRAMS BENEFITING INDIVIDUALS WITH DISABILITIES AND SPECIAL CIRCUMSTANCES, ESPECIALLY THOSE LIVING IN LOW-INCOME FAMILIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,030,391

Program Service Revenue $30,050

Investment Income $2,170

Other Revenue $86,768

TOTAL REVENUE $1,149,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $730,807

Fundraising Expenses $150,136

Program Expenses $953,324

Other Expenses $440,844

TOTAL EXPENSES $1,183,506

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,149,379	$894,460	+0.3%
Expenses	$1,183,506	$1,115,890	+0.1%
Net Income	$-34,127	$-221,430	-0.8%

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

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

$52,890

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN BARKSDALE	TREASURER	2.00	Officer Director	$0	$0	$0
DEBORAH LECHNER	DIRECTOR	2.00	Director	$0	$0	$0
LAURA OTTAVIANI-CHACON	DIRECTOR	2.00	Director	$0	$0	$0
SHELLEY BURKE-ATTEBERY	PRESIDENT	2.00	Officer Director	$0	$0	$0
SHANNON HORSLEY	EXECUTIVE DIRECTOR	40.00	Officer	$52,890	$0	$52,890

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	$1,149,379	$1,183,506	$311,193	$-34,127
2023	$894,460	$1,115,890	$345,845	$-221,430
2022	$1,102,530	$1,066,766	$574,446	$35,764
2021	$1,065,175	$1,012,719	$382,766	$52,456
2020	$969,284	$931,802	$325,018	$37,482
2019	$903,195	$861,110	$133,353	$42,085
2018	$668,392	$739,512	$90,608	$-71,120

THE RED BARN