HANDS & HEARTS FOR HORSES INC (EIN 582580985) - 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

2000

Legal Domicile

Principal Officer

KEITH BETTCHER

Phone

2295510086

Tax Period

2023-01-01 to 2023-12-31

HANDS & HEARTS FOR HORSES INC, founded in 2000, is a small nonprofit in the Health Care sector that reported $582K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $138K, a strong 24% operating margin.

Mission

TO PROVIDE ACTIVITIES IN BOTH THERAPUTIC RIDING AND HIPPOTHERAPY TO PEOPLE WITH VARIOUS DISABILITIES INCLUDING AUTISM, CEREBRAL PALSY, MUSCULAR DYSTROPHY, MULTIPLE SCLEROSIS, PARALYSIS,AMPUTATIONS, DOWN SYNDROME AND MORE.

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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 $466,312

Program Service Revenue $51,421

Investment Income $7,315

Other Revenue $56,770

TOTAL REVENUE $581,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $257,324

Fundraising Expenses $18,336

Program Expenses $354,363

Other Expenses $186,948

TOTAL EXPENSES $444,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$581,818	$413,719	+0.4%
Expenses	$444,272	$357,693	+0.2%
Net Income	$137,546	$56,026	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK BALDINO	DIRECTOR	1.00	Director	$0	$0	$0
KEITH BETTCHER	PRESIDENT	15.00	Officer Director	$0	$0	$0
TODD COOLEY DVM	DIRECTOR	1.00	Director	$0	$0	$0
THOM DUNCAN	DIRECTOR	1.00	Director	$0	$0	$0
BILLY ESRA	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA HANNA	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD LAW	TREASURER	1.00	Officer Director	$0	$0	$0
KEN LEEMAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KAREN MAXWELL	DIRECTOR	5.00	Director	$0	$0	$0
NANCY DEL PRETE	SECRETARY	5.00	Officer Director	$0	$0	$0
LAUCHLIN TENCH WALDOCH	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WORKMAN	DIRECTOR	5.00	Director	$0	$0	$0
BRITTANY YATES	DIRECTOR	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	No data	No data	No data	No data
2023	$581,818	$444,272	$370,947	$137,546
2022	$413,719	$357,693	$228,662	$56,026
2021	$325,638	$332,502	$173,740	$-6,864
2020	$330,464	$306,861	$181,127	$23,603
2019	$281,428	$298,645	$164,755	$-17,217
2018	$316,346	$336,422	$169,604	$-20,076

HANDS & HEARTS FOR HORSES INC