SpiritHorse Therapeutic Riding Center (EIN 454382546) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Charlotte Dougherty

Phone

7077206360

Tax Period

2024-01-01 to 2024-12-31

SpiritHorse Therapeutic Riding Center, founded in 2012, is a small nonprofit in the Human Services sector that reported $218K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

Provide a therapeutic experience for volunteers and the horses.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $90,186

Program Service Revenue $127,433

Investment Income $0

Other Revenue $0

TOTAL REVENUE $217,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,401

Program Expenses $201,832

Other Expenses $236,167

TOTAL EXPENSES $236,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217,619	$156,177	+0.4%
Expenses	$236,167	$142,306	+0.7%
Net Income	$-18,548	$13,871	-2.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charlotte Dougherty	Executive Director	40.00	Officer	$0	$0	$0
Kent Gardella	President	1.00	Officer Director	$0	$0	$0
Mike Guinane	Vice President	1.00	Officer Director	$0	$0	$0
Justine Turner	Secretary	1.00	Officer Director	$0	$0	$0
Margaret Hager	Treasurer	1.00	Officer Director	$0	$0	$0
Carrie Neilsen	Board Member	1.00	Director	$0	$0	$0
Dana Azevedo	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	$217,619	$236,167	$132,041	$-18,548

SpiritHorse Therapeutic Riding Center