THIS OLD HORSE INC

EIN: 454234611 501(c)(3) Human Services

AFTON, MN

Total Revenue
$1,221,884
Total Expenses
$1,085,381
Total Assets
$2,565,007
Net Assets
$-225,466
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MN
Principal Officer
NANCY TURNER
Phone
6514371889
Tax Period
2024-01-01 to 2024-12-31

THIS OLD HORSE INC, founded in 2012, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 11% surplus.

Mission

THIS OLD HORSE, INC. PROVIDES RETIREMENT, RESCUE AND REHABILITATION TO OLDER AND UNWANTED HORSES THAT HAVE HAD A CAREER TO SERVICE HUMANS. THEY CONTINUE TO SERVE AS AMBASSADORS TO THE INCREDIBLE IMPACT OF 'HORSE POWER' BY FACILITATING THE DEVELOPMENT OF HORSEMANSHIP AND BEGINNING RIDING SKILLS TO OLDER AND SPECIAL NEEDS RIDERS.

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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 $1,281,878
Program Service Revenue $1,800
Investment Income $4,334
Other Revenue $-66,128
TOTAL REVENUE $1,221,884

Expense Breakdown

Grants Paid $0
Salaries & Benefits $290,957
Fundraising Expenses $0
Program Expenses $1,019,048
Other Expenses $794,424
TOTAL EXPENSES $1,085,381

Year-over-Year Comparison

2024 2023 Change
Revenue $1,221,884 $1,285,931 0.0%
Expenses $1,085,381 $1,350,129 -0.2%
Net Income $136,503 $-64,198 -3.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
56
Volunteers
540

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN AMERONGEN SECRETARY/TR 4.00
Officer Director
$0 $0 $0
JULIE FISCHER DIRECTOR 2.00
Director
$0 $0 $0
ELLEN HILL DIRECTOR 1.00
Director
$0 $0 $0
KARI MARKHAM DIERCTOR 4.00
Director
$0 $0 $0
THOMAS RHODE VICE PRESIDE 40.00
Officer Director
$0 $0 $0
BRENDA TETER EXECUTIVE DI 40.00
Director
$0 $0 $0
NANCY TURNER PRESIDENT 40.00
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 $1,221,884 $1,085,381 $2,565,007 $136,503
2023 $1,285,931 $1,350,129 $2,670,414 $-64,198
2022 $957,025 $1,176,860 $2,727,366 $-219,835
2021 $1,111,521 $1,197,694 $2,977,835 $-86,173
2020 $692,594 $747,212 $1,690,488 $-54,618
2019 $677,682 $620,993 $701,562 $56,689
2018 $559,377 $507,089 $655,479 $52,288
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