COLORADO HORSE RESCUE NETWORK

EIN: 472431562 501(c)(3) Animal-Related

Rush, CO

Total Revenue
$446,763
Total Expenses
$446,763
Total Assets
$135,976
Net Assets
$135,976
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CO
Principal Officer
Carrie Terroux-Barrett
Phone
7202705197
Tax Period
2023-10-01 to 2024-09-30

COLORADO HORSE RESCUE NETWORK, founded in 2014, is a small nonprofit in the Animal-Related sector that reported $447K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

Colorado Horse Rescue Network was established in 2013 after several founding members saw the need for a state-wide organization to help needy equines. CHRN has a central facility Rush, CO and a network of foster homes all over the state. We actively rescue horses from a variety of situations to prevent them from entering the slaughter pipeline or entering into abusive or neglectful homes. CHRN maintains a network of foster homes and transporters all over Colorado. CHRN always has fully vetted and evaluated horses available for adoption as well as resident horses in need of sponsorship. We are also in partnership with Denver Dumb Friends League's Harmony Equine Center to offer professionally trained horses through their adoption program in Franktown, CO. CHRN is governed by a board of directors, which are made up of a variety of professionals, from authors to ranchers to breeders and trainers. We pride ourselves on our high standards of ethics. We strive to help every horse we meet.

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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 (2023)

Revenue Breakdown

Contributions & Grants $419,929
Program Service Revenue $26,834
Investment Income $0
Other Revenue $0
TOTAL REVENUE $446,763

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $382,427
Other Expenses $446,763
TOTAL EXPENSES $446,763

Year-over-Year Comparison

2023 2022 Change
Revenue $446,763 $372,185 +0.2%
Expenses $446,763 $395,630 +0.1%
Net Income $0 $-23,445 -1.0%
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

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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
7
Independent Members
7
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
1
$0
Key Employees
4
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carrie Terroux-Barrett Director 40
Director
$0 $0 $0
Abigail Hilty Board Member 10
Officer
$0 $0 $0
Kristine Nigl Board member 20
Officer
$0 $0 $0
Cassandra Nicole Eagan Board member 0
Officer
$0 $0 $0
Jana Krgski Board Member 0
Officer
$0 $0 $0
Veronica Quintana Board Member 0
Key Emp
$0 $0 $0
Mayra Baltazar Board Member 5
Key Emp
$0 $0 $0
Jennifer Olexo Board Member 10
Key Emp
$0 $0 $0
John Parillo Board Member 0
Key Emp
$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 $446,763 $446,763 $135,976 No data
2023 $372,185 $395,630 $135,976 $-23,445
2022 $457,723 $390,626 $135,976 $67,097
2021 $380,235 $332,503 $68,879 $47,732
2020 $202,924 $195,990 $21,747 $6,934
2019 $150,190 $145,879 $14,472 $4,311
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