BRIDLE PATHS

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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

2012

Legal Domicile

Principal Officer

GREG BEACH

Phone

5712169089

Tax Period

2023-01-01 to 2023-12-31

BRIDLE PATHS, founded in 2012, is a small nonprofit in the Health Care sector that reported $237K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $220K left a modest 7% surplus.

Mission

OUR MISSION IS TO OFFER STRENGTH, SUPPORT, AND HEALING TO INDIVIDUALS AND FAMILIES THROUGH SAFE, EFFECTIVE, AND HIGH-QUALITY EQUINE-ASSISTED SERVICES (EAS). WE PROVIDE ADAPTIVE HORSEBACK RIDING INSTRUCTION, EQUINE-ASSISTED LEARNING, AND EQUINE-ASSISTED PSYCHOTHERAPY SERVICES TO INDIVIDUALS AND FAMILIES FACED WITH PHYSICAL, COGNITIVE, PSYCHOLOGICAL, AND EMOTIONAL CHALLENGES.

Program Service Accomplishments

Program 1

Expenses: $177,310 Revenue: $26,911

EQUINE ASSISTED SERVICES INCLUDING ADAPTIVE HORSEBACK RIDING INSTRUCTIONS, EQUINE ASSISTED LEARNING AND EQUINE ASSISTED PSYCHOTHERAPY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $189,273

Program Service Revenue $26,911

Investment Income $1,805

Other Revenue $19,079

TOTAL REVENUE $237,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,352

Fundraising Expenses $0

Program Expenses $177,310

Other Expenses $187,954

TOTAL EXPENSES $220,306

Year-over-Year Comparison

	2023	2022	Change
Revenue	$237,068	$175,742	+0.3%
Expenses	$220,306	$175,346	+0.3%
Net Income	$16,762	$396	+41.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG BEACH	PRESIDENT	2.50	Officer Director	$0	$0	$0
ELIZABETH RATCHFORD	VICE PRESIDE	2.50	Officer Director	$0	$0	$0
MARYANNE SHVODIAN	SECRETARY	2.50	Officer Director	$0	$0	$0
KRISTIN HOFFMAN	TREASURER	2.50	Officer Director	$0	$0	$0
DANIEL CARUSI	BOARD MEMBER	2.50	Director	$0	$0	$0
JULIA GRIFFITH	BOARD MEMBER	2.50	Director	$0	$0	$0
BRIAN HORAN	TREASURER	2.50	Director	$0	$0	$0
ABIGAIL JUST	BOARD MEMBER	2.50	Director	$0	$0	$0
RUTH BOYER O'DEA	BOARD MEMBER	2.50	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	No data	No data	No data	No data
2023	$237,068	$220,306	$145,511	$16,762