PADUCAH, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CASSIDY'S CAUSE THERAPEUTIC RIDING ACADEMY INC, founded in 2013, is a small nonprofit in the Health Care sector that reported $453K in total revenue in fiscal year 2024. Revenue surged 1136% from the prior year, signaling strong growth momentum. Expenses of $420K left a modest 7% surplus.
CORPORATION WAS FORMED IN MAY 2013 TO PROVIDE INDIVIDUALS WITH DISABILITIES IN WESTERN KY THE OPPORTUNITY TO GROW AND DEVELOP THROUGH THERAPEUTIC, EDUCATIONAL, AND RECREATIONAL EQUINE-ORIENTED ACTIVITIES. EQUESTRIAN THERAPY CONTRIBUTES POSITIVELY TO THE COGNITIVE, EMOTIONAL, SOCIAL, AND PHYSICAL WELFARE OF PEOPLE WITH DISABILITIES. PARTICIPANTS WILL LEARN TO DEVELOP COMMUNICATION SKILLS, RESPONSIBILITY, TRUST, PATIENCE, RESPECT, SELF-CONFIDENCE, SELF-ESTEEM, AND TO OVERCOME FEAR. OPERATIONS BEGAN IN THE SPRING OF 2014 WITH THE FIRST EIGHT WEEK SESSION SEEING 16 RIDERS. THE STATE OF THE ART THERAPY CENTER COMPLEX FEATURES A BARN WITH NEARLY A HALF AN ACRE OF INDOOR RIDING ARENA AND STABLES. THE FACILITY IS SITUATED ON 22 ACRES OF BEAUTIFULLY GROOMED PASTURES WITH AN OUTDOOR RIDING AREA AND TRAILS SURROUNDING THE BARN AS WELL.
PROVIDE EQUESTRIAN THERAPY TO INDIVIDUALS WITH DISABILITIES. THROUGH THE GENEROUS SUPPORT OF VOLUNTEERS AND DONATIONS FROM INDIVIDUALS AND BUSINESSES IN THE COMMUNITY, THE ACADEMY NOW HOUSES ELEVEN...
PROVIDE EQUESTRIAN THERAPY TO INDIVIDUALS WITH DISABILITIES. THROUGH THE GENEROUS SUPPORT OF VOLUNTEERS AND DONATIONS FROM INDIVIDUALS AND BUSINESSES IN THE COMMUNITY, THE ACADEMY NOW HOUSES ELEVEN THERAPY HORSES AND THREE MINIATURE HORSES USED TO TEACH NEW RIDERS ABOUT HORSES AND THEIR CARE. FOR INDIVIDUALS WITH IMPAIRED MOBILITY, HORSEBACK RIDING GENTLY AND RHYTHMICALLY MOVES THEIR BODIES IN THREE PLANES: FORWARD & BACKWARD, SIDE TO SIDE, AND UP & DOWN. RIDERS EXPERIENCE INCREASED BALANCE, MUSCLE CONTROL AND STRENGTH. HORSEBACK RIDING HELPS INDIVIDUALS WITH LEARNING OR COGNITIVE DISABILITIES IMPROVE THEIR CONCENTRATION, RECOGNITION, VOCABULARY, AND TASK COMPLETION. THE UNIQUE BOND FORMED WITH THE HORSE CAN HELP IMPROVE PERSONAL RELATIONSHIPS, PATIENCE, AND BEHAVIOR AMONG INDIVIDUALS WITH PSYCHOLOGICAL OR EMOTIONAL DISABILITIES. ALL LESSONS ARE TAUGHT BY CERTIFIED PATH INSTRUCTORS. VOLUNTEERS HELP INSTRUCTORS WITH THE SESSIONS, CARE FOR THE HORSES, HELP MAINTAIN THE BARN, AND WORK IN THE FRONT OFFICE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $453,099 | $36,646 | +11.4% |
| Expenses | $419,656 | $63,946 | +5.6% |
| Net Income | $33,443 | $-27,300 | -2.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SUSAN ROBINSON | BOARD PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANGIE JACKSON | EXEC DIR/SECRETARY | 40.00 |
Officer
Director
|
$42,266 | $0 | $42,266 |
| CAROL CAIN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NIKI MILLRANEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $453,099 | $419,656 | $2,606,961 | $33,443 |
| 2023 | $425,410 | $301,728 | $2,536,355 | $123,682 |
| 2023 | $36,646 | $63,946 | $2,572,332 | $-27,300 |
| 2022 | $405,078 | $283,284 | $2,337,507 | $121,794 |
| 2021 | $422,224 | $303,961 | $2,433,471 | $118,263 |
| 2020 | $304,741 | $299,203 | $2,283,092 | $5,538 |
| 2019 | $2,147,540 | $232,630 | $2,254,926 | $1,914,910 |
| 2018 | $216,200 | $180,929 | $332,093 | $35,271 |
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