TherHappy Therapy Services Inc (EIN 461069012) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

Andrea Clark

Phone

7278629101

Tax Period

2024-01-01 to 2024-12-31

TherHappy Therapy Services Inc, founded in 2013, is a community nonprofit in the Health Care sector that reported $1.9M in total revenue in fiscal year 2024. Expenses of $2.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

Physical, occupational & speech therapy for children and adults with mild to severe neuromusculoskeletal dysfunction with the use of HippoTherapy.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,830,921

Investment Income $35,042

Other Revenue $0

TOTAL REVENUE $1,865,963

Expense Breakdown

Grants Paid $0

Salaries & Benefits $290,007

Fundraising Expenses $0

Program Expenses $2,086,733

Other Expenses $1,796,726

TOTAL EXPENSES $2,086,733

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,865,963	$1,906,295	0.0%
Expenses	$2,086,733	$2,273,099	-0.1%
Net Income	$-220,770	$-366,804	-0.4%

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

$221,154

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrea S Clark	President/Treasurer	100.00	Officer	$144,231	$0	$144,231
Chad E Clark	V-President/Secretary	100.00	Officer	$76,923	$0	$76,923

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	$3,696,884	$3,917,652	$1,284,329	$-220,768
2024	$1,865,963	$2,086,733	$1,284,329	$-220,770
2023	$1,906,295	$2,273,099	$1,542,058	$-366,804
2022	$1,806,108	$2,109,878	$1,957,002	$-303,770
2021	$1,749,406	$1,934,462	$823,767	$-185,056
2019	$1,730,481	$1,672,398	$585,196	$58,083
2018	$1,412,013	$1,368,651	$534,085	$43,362

TherHappy Therapy Services Inc