HORSEPOWER EQUINE ASSISTED LEARNING FOUNDATION INC (EIN 471482337) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

TERESE COLLING

Phone

2023479060

Tax Period

2024-01-01 to 2024-12-31

HORSEPOWER EQUINE ASSISTED LEARNING FOUNDATION INC, founded in 2014, is a micro nonprofit in the Health Care sector that reported $31K in total revenue in fiscal year 2018. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 103% operating deficit.

Mission

THE MISSION OF HEAL IS TO EMPOWER INDIVIDUALS AND GROUPS WITH A SAFE, PROFESSIONAL, AND THERAPEUTIC EQUINE EXPERIENCE. HEAL SUPPORTS THE LIMITLESS EMOTIONAL GROWTH AND HEALING POTENTIAL CREATED BY THE BOND BETWEEN HORSE AND HUMAN. HEAL WAS BUILT TO PROVIDE EQUINE ASSISTED PSYCHOTHERAPY SERVICES (EAP) AND EQUINE ASSISTED LEARNING (EAL) DIRECTLY TO OUR VETERANS AND THEIR FAMILIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $107,119

Program Service Revenue $0

Investment Income $13,380

Other Revenue $0

TOTAL REVENUE $120,499

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,211

Other Expenses $91,211

TOTAL EXPENSES $91,211

Year-over-Year Comparison

	2024	2023	Change
Revenue	$120,499	$125,313	0.0%
Expenses	$91,211	$137,583	-0.3%
Net Income	$29,288	$-12,270	-3.4%

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

N/A

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

$64,580

Total Directors

$64,580

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY FOX	BOARD MEMBER	0.80	Officer Director	$0	$0	$0
LISA D'ALESSIO	EXECUTIVE DIRECTOR	1.50	Officer Director	$30,000	$0	$30,000
AUTUMN RAE	VICE PRESIDENT	1.50	Officer Director	$34,580	$0	$34,580
TERESE COLLING	PRESIDENT	2.30	Officer Director	$0	$0	$0
DENNIS HOTTELL	TREASURER	0.30	Officer Director	$0	$0	$0
DEVENIE CLORAN	FIRST RESPONDER LIAISON	0.30	Officer Director	$0	$0	$0
BEAU LESCARBEAU	VETERAN LIAISON	1.00	Officer 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	$120,499	$91,211	$330,229	$29,288
2023	$125,313	$137,583	$300,941	$-12,270
2022	$43,137	$113,104	$313,211	$-69,967
2021	$58,323	$75,497	$380,031	$-17,174
2020	$85,119	$66,772	$397,311	$18,347
2019	$69,030	$77,182	$376,096	$-8,152
2018	$31,253	$63,399	$382,327	$-32,146

HORSEPOWER EQUINE ASSISTED LEARNING FOUNDATION INC