EQUITARIAN INITIATIVE

EIN: 452922119 501(c)(3) International Affairs

Stillwater, MN

Total Revenue
$290,595
Total Expenses
$399,697
Total Assets
$341,487
Net Assets
$334,419
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MN
Principal Officer
Annie Henderson-Selle
Phone
9709464142
Tax Period
2024-01-01 to 2024-12-31

EQUITARIAN INITIATIVE, founded in 2013, is a small nonprofit in the International Affairs sector that reported $291K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $400K exceeded revenue, resulting in a 38% operating deficit.

Mission

Equitarian Initiative prepares volunteer veterinarians worldwide to deliver health care and education to improve the health, nutrition, productivity, and welfare of horses, donkeys and mules, and to empower their care providers for sustainable change.

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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 (2024)

Revenue Breakdown

Contributions & Grants $269,866
Program Service Revenue $0
Investment Income $20,204
Other Revenue $525
TOTAL REVENUE $290,595

Expense Breakdown

Grants Paid $281,678
Salaries & Benefits $88,033
Fundraising Expenses $9,792
Program Expenses $319,148
Other Expenses $29,986
TOTAL EXPENSES $399,697

Year-over-Year Comparison

2024 2023 Change
Revenue $290,595 $318,144 -0.1%
Expenses $399,697 $336,272 +0.2%
Net Income $-109,102 $-18,128 +5.0%
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
7
Independent Members
7
Employees
1
Volunteers
50

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Annie Henderson-Selle Executive Director 40
Highest
$78,600 $0 $78,600
Stacy Tinkler Board Vice-President 5
Director
$0 $0 $0
Amy McLean Board Member 5
Director
$0 $0 $0
Neil Gray Board Treasurer 10
Director
$0 $0 $0
Judy Batker Board President 10
Director
$0 $0 $0
Julia Wilson Board Member 5
Director
$0 $0 $0
Kait Link Board Secretary 5
Director
$0 $0 $0
Luis Arroyo Board Member 5
Director
$0 $0 $0
Cassie Torhorst Board Member 5
Director
$0 $0 $0
David Turoff Board Member 5
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
2025 No data No data No data No data
2024 $290,595 $399,697 $341,487 $-109,102
2023 $318,144 $336,272 $444,481 $-18,128
2022 $349,033 $319,358 $471,142 $29,675
2020 $496,042 $120,329 $540,501 $375,713
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