HALTER (HEALING AND LEARNING THROUGH EQUINE RELATIONSHIPS)

EIN: 570864733 501(c)(3)

SPARTANBURG, SC

Total Revenue
$425,927
Total Expenses
$424,518
Total Assets
$560,268
Net Assets
$508,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
SC
Principal Officer
NANCY PASCHALL
Tax Period
2023-07-01 to 2024-06-30

HALTER (HEALING AND LEARNING THROUGH EQUINE RELATIONSHIPS), founded in 1987, is a small nonprofit that reported $426K in total revenue in fiscal year 2023.

Mission

HALTER IMPROVES THE LIVES OF CHILDREN WITH CHALLENGES THROUGH EQUINE ASSISTED SERVICES, EDUCATION AND RESEARCH. SERVICES INCLUDE: THERAPEUTIC RIDING, EQUINE ASSISTED LEARNING/COACHING AND SPACE-USE CONTRACT SERVICES FOR PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY. EQUINE ASSISTED ACTIVITES TEACH CHILDREN HOW TO BUILD HEALTHY RELATIONSHIPS, SELF-REGULATE THEIR EMOTIONS, OTHER SOCIAL, EMOTIONAL SKILLS AND BEHAVIORS AND LEARN OTHER SKILLS THAT TRANSFER FROM HORSES INTO THE HOME, SCHOOL, AND COMMUNITY.

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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 $290,752
Program Service Revenue $109,579
Investment Income $5,674
Other Revenue $19,922
TOTAL REVENUE $425,927

Expense Breakdown

Grants Paid $0
Salaries & Benefits $222,845
Fundraising Expenses $44,084
Program Expenses $342,023
Other Expenses $201,673
TOTAL EXPENSES $424,518

Year-over-Year Comparison

2023 2022 Change
Revenue $425,927 $416,702 +0.0%
Expenses $424,518 $499,884 -0.2%
Net Income $1,409 $-83,182 -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
8
Independent Members
8
Employees
9
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
1
$87,795
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY PASCHALL EXECUTIVE DI 40.00
Officer
$87,795 $0 $87,795
KARA DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY GILES SECRETARY 1.00
Director
$0 $0 $0
WADE L JOHNSON MD BOARD MEMBER 1.00
Director
$0 $0 $0
BEN PORTER TREASURER 1.00
Director
$0 $0 $0
TRACIE RODAK VICE-CHAIR 1.00
Director
$0 $0 $0
MOLLY SHERARD BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDA SHIELDS BOARD MEMBER 1.00
Director
$0 $0 $0
JESSE WHITE CHAIR 1.00
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
2024 $425,927 $424,518 $560,268 $1,409
2023 $416,702 $499,884 $629,652 $-83,182
2022 $374,291 $404,381 $684,466 $-30,090
2021 $380,225 $339,822 $688,080 $40,403
2019 $286,322 $265,604 $550,228 $20,718
2018 $262,606 $288,865 $527,837 $-26,259
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