NEW BEGINNINGS THERAPEUTIC RIDING … - Form 990 Financial Data

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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

1998

Legal Domicile

Principal Officer

ERICA CUTRIGHT

Phone

2703035985

Tax Period

2025-01-01 to 2025-12-31

NEW BEGINNINGS THERAPEUTIC RIDING INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $125K in total revenue in fiscal year 2025.

Mission

NEW BEGINNINGS PROVIDES THERAPEUTIC RIDING TO PHYSICALLY /OR MENTALLY CHALLENGED.

Program Service Accomplishments

Program 1

Expenses: $125,697 Revenue: $30,215

NEW BEGINNINGS IS A PATH PROFESSIONAL ASSOCIATION OF THERAPEUDIC HORSEMANSHIP PREMIER ACCREDITED MEMEBER. NEW BEGINNINGS CURRENTLY HAS SEVEN CERTIFIED INSTRUCTORS, EIGHT HORSES, THREE MIATURES AND...

NEW BEGINNINGS IS A PATH PROFESSIONAL ASSOCIATION OF THERAPEUDIC HORSEMANSHIP PREMIER ACCREDITED MEMEBER. NEW BEGINNINGS CURRENTLY HAS SEVEN CERTIFIED INSTRUCTORS, EIGHT HORSES, THREE MIATURES AND OVER 300 RIDERS FOR THE YEAR.

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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 (2025)

Revenue Breakdown

Contributions & Grants $93,928

Program Service Revenue $30,215

Investment Income $1,345

Other Revenue $0

TOTAL REVENUE $125,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,718

Fundraising Expenses $1,850

Program Expenses $125,697

Other Expenses $51,682

TOTAL EXPENSES $130,400

Year-over-Year Comparison

	2025	2024	Change
Revenue	$125,488	$119,967	+0.0%
Expenses	$130,400	$148,414	-0.1%
Net Income	$-4,912	$-28,447	-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

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

$63,121

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE VISE	EXECUTIVE DIRECTOR	040.00	Director	$0	$0	$35,393
OLIVIA WILLIS	DIRECTOR OF OPERATIONS	030.00	Director	$0	$0	$27,728
KEVIN YATES	BOADRD MEMBER	002.00	Director	$0	$0	$0
ELLIE HOLLIS	BOARD MEMEBER	001.00	Director	$0	$0	$0
MADISON DUNCAN	BOARD MEMEBER	001.00	Director	$0	$0	$0
GREGORY SENSER	PRESIDENT	001.00	Officer	$0	$0	$0
STEPHANIE WECKERLY	SECRETARY	002.00	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
2025	$125,488	$130,400	$68,286	$-4,912
2024	$119,967	$148,414	$65,467	$-28,447
2023	$123,453	$135,114	$101,479	$-11,661
2022	$109,269	$130,485	$129,695	$-21,216
2021	$170,545	$126,973	$164,093	$43,572
2020	$151,389	$110,973	$124,315	$40,416
2019	$105,833	$124,891	$74,598	$-19,058
2018	$93,893	$115,727	$93,689	$-21,834

NEW BEGINNINGS THERAPEUTIC RIDING INC