Horse of Many Colors (EIN 475235570) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

Mona Webb

Tax Period

2023-01-01 to 2023-12-31

Horse of Many Colors, founded in 2019, is a small nonprofit that reported $146K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $185K exceeded revenue, resulting in a 27% operating deficit.

Mission

Giving financial grants, typically $1500 or less, to familes that are battling cancer to help defray expenses related to medical care.

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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 $144,526

Program Service Revenue $0

Investment Income $1,336

Other Revenue $0

TOTAL REVENUE $145,862

Expense Breakdown

Grants Paid $139,500

Salaries & Benefits $0

Fundraising Expenses $40,622

Program Expenses $139,500

Other Expenses $45,084

TOTAL EXPENSES $184,584

Year-over-Year Comparison

	2023	2022	Change
Revenue	$145,862	$215,971	-0.3%
Expenses	$184,584	$143,965	+0.3%
Net Income	$-38,722	$72,006	-1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tammy McPhie	Director	2.00	Director	$0	$0	$0
Marcia Mecham	Chairman	2.00	Director	$0	$0	$0
Melanie Coleman	SecretaryTreasurer	2.00	Officer	$0	$0	$0
Mona Webb	President	4.00	Officer	$0	$0	$0
Susan Cummings	Vice President	2.00	Officer	$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	$145,862	$184,584	$136,539	$-38,722
2022	$215,971	$143,965	$175,261	$72,006

Horse of Many Colors