HORSEPOWER INC

EIN: 561907424 501(c)(3) Human Services

HIGH POINT, NC

Total Revenue
$680,485
Total Expenses
$714,729
Total Assets
$618,712
Net Assets
$407,078
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NC
Principal Officer
EMILY MANN
Phone
3369311424
Tax Period
2025-01-01 to 2025-12-31

HORSEPOWER INC, founded in 1995, is a small nonprofit in the Human Services sector that reported $680K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year.

Mission

TO PROMOTE AND ENHANCE THE WELFARE OF INDIVIDUALS WITH DISABILITIES BY PROVIDING A PROGRAM OF THERAPEUTIC, EDUCATIONAL AND RECREATIONAL VALUE, AND FURTHER, TO EMPOWER INDIVIDUALS WHO ARE MENTALLY, PHYSICALLY AND/OR EMOTIONALLY CHALLENGED THROUGH THE USE OF HORSES, WHILE PROVIDING THERAPEUTIC BENEFITS IN A SAFE AND CONTROLLED ATMOSPHERE.

Program Service Accomplishments

Program 1
Expenses: $555,584 Revenue: $669,574

HORSEPOWER, INC. PROVIDES THERAPEUTIC HORSEBACK RIDING ACITIVITIES FOR INDIVIDUALS WITH DISABILITIES. THEY ALSO SERVE ABLE-BODIED STUDENTS IN SEVERAL CAPACITIES, INCLUDING YOUTH SUMMER CAMPS...

Read more

HORSEPOWER, INC. PROVIDES THERAPEUTIC HORSEBACK RIDING ACITIVITIES FOR INDIVIDUALS WITH DISABILITIES. THEY ALSO SERVE ABLE-BODIED STUDENTS IN SEVERAL CAPACITIES, INCLUDING YOUTH SUMMER CAMPS, TEAMWORK AND EQUESTRIAN INSTRUCTION THROUGH LOCAL SCHOOL PARTNERSHIPS, AND LEADING BUSINESSES IN DAYS OF CARING ACTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $473,020
Program Service Revenue $192,016
Investment Income $10,912
Other Revenue $4,537
TOTAL REVENUE $680,485

Expense Breakdown

Grants Paid $0
Salaries & Benefits $440,542
Fundraising Expenses $83,376
Program Expenses $555,584
Other Expenses $274,187
TOTAL EXPENSES $714,729

Year-over-Year Comparison

2025 2024 Change
Revenue $680,485 $777,338 -0.1%
Expenses $714,729 $732,853 0.0%
Net Income $-34,244 $44,485 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
15
Volunteers
819

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
5
$66,500
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY MANN EXECUTIVE DI 40.00
Officer
$66,500 $0 $66,500
CARL BASS DIRECTOR 2.00
Director
$0 $0 $0
COLLEEN CALLAHAN DIRECTOR 2.00
Director
$0 $0 $0
BRANDON CARREY DIRECTOR 2.00
Director
$0 $0 $0
VERNON FARRINGTON BOARD CHAIR 2.00
Officer Director
$0 $0 $0
JUDI FLEMING SECRETARY 2.00
Officer Director
$0 $0 $0
MELISSA LYONS DIRECTOR 2.00
Director
$0 $0 $0
ELLIS MARTIN DIRECTOR 2.00
Director
$0 $0 $0
ISADORE MORROW DIRECTOR 2.00
Director
$0 $0 $0
SUSAN RIZZI TREASURER 2.00
Officer Director
$0 $0 $0
JIM ROBINSON DIRECTOR 2.00
Director
$0 $0 $0
MELANIE SHAFFER DIRECTOR 2.00
Director
$0 $0 $0
MATT SINK VICE CHAIR 2.00
Officer Director
$0 $0 $0
MELISSA WALDRON DIRECTOR 2.00
Director
$0 $0 $0
GEORGE WHITE DIRECTOR 2.00
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
2025 $680,485 $714,729 $618,712 $-34,244
2024 $777,338 $732,853 $661,626 $44,485
2023 $641,020 $607,405 $626,953 $33,615
2022 $465,473 $459,908 $622,404 $5,565
2021 $500,022 $361,736 $359,393 $138,286
2020 $365,268 $308,014 $220,850 $57,254
2019 $369,222 $337,130 $162,117 $32,092
2018 $343,387 $339,172 $214,591 $4,215
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HORSEPOWER INC with other nonprofits in North Carolina and across the country.