POSITIVE STRIDES INC

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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

1992

Legal Domicile

Phone

4106737450

Tax Period

2024-01-01 to 2024-12-31

POSITIVE STRIDES INC, founded in 1992, is a small nonprofit in the Unknown sector that reported $177K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $771K represent 52 months of operating reserves.

Mission

TO PROVIDE THERAPEUTIC HORSEBACK RIDING AS PHYSICAL AND EMOTIONAL SUPPORT FOR MENTALLY AND PHYSICALLY DISABLED INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $154,781

TO PROVIDE THERAPEUTIC HORSEBACK RIDING AS PHYSICAL AND EMOTIONAL SUPPORT FOR MENTALLY AND PHYSICALLY DISABLED INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $65,095

Program Service Revenue $37,700

Investment Income $49,938

Other Revenue $23,867

TOTAL REVENUE $176,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,780

Fundraising Expenses $13,424

Program Expenses $154,781

Other Expenses $114,201

TOTAL EXPENSES $192,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$176,600	$159,101	+0.1%
Expenses	$192,981	$168,373	+0.1%
Net Income	$-16,381	$-9,272	+0.8%

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

Volunteers

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

$53,838

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM THOMAS	Executive Dir.	40.00	Officer	$53,838	$0	$53,838
SANDRA WELLFORD KING	Director	2.00	Director	$0	$0	$0
LEE HUTCHISON	Director	2.00	Director	$0	$0	$0
TRACY DETRICH	Secretary	4.00	Officer Director	$0	$0	$0
DAVID J MOORE	President	4.00	Officer Director	$0	$0	$0
MARY COTTINGHAM	Director	2.00	Director	$0	$0	$0
MEG STEIN	Vice President	4.00	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	$176,600	$192,981	$796,023	$-16,381
2023	$159,101	$168,373	$742,236	$-9,272
2022	$146,046	$194,131	$679,017	$-48,085
2021	$97,465	$145,513	$837,432	$-48,048
2020	$122,017	$147,335	$748,157	$-25,318
2019	$134,083	$147,504	$720,594	$-13,421