CASSIDY'S CAUSE THERAPEUTIC RIDING ACADEMY INC

EIN: 463361537 501(c)(3) Health Care

PADUCAH, KY

Total Revenue
$453,099
Total Expenses
$419,656
Total Assets
$2,606,961
Net Assets
$2,599,808
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
KY
Principal Officer
ANGIE JACKSON
Phone
2705544040
Tax Period
2024-01-01 to 2024-12-31

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.

Mission

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. CASSIDY'S CAUSE THERPEUTIC RIDING ACADEMY, INC. IS A CERTIFIED PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP INTERNATIONAL (PATH) MEMBER. ALL OF THE LESSONS ARE TAUGHT BY INSTRUCTORS WHO GO THROUGH PATH INTERNATIONAL TRAINING AND ARE CERTIFIED PATH INSTRUCTORS.

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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 $198,256
Program Service Revenue $63,862
Investment Income $88,944
Other Revenue $102,037
TOTAL REVENUE $453,099

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,405
Fundraising Expenses $0
Program Expenses $398,023
Other Expenses $249,251
TOTAL EXPENSES $419,656

Year-over-Year Comparison

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%
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

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Governance

Voting Members
5
Independent Members
5
Employees
11
Volunteers
N/A

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
$42,266
Total Directors
4
$42,266
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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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