SECOND CHANCE EQUINE ASSOCIATION (EIN 611811882) - 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

2016

Legal Domicile

Principal Officer

GLENN ROBISON

Phone

7246355549

Tax Period

2024-01-01 to 2024-12-31

SECOND CHANCE EQUINE ASSOCIATION, founded in 2016, is a micro nonprofit in the Animal-Related sector that reported $50K in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 44% operating margin.

Mission

TO RESCUE, REHABILITATE AND RELOCATE HORSES IN LIFE-THREATENING SITUATIONS, AND TO PROMOTE PROPER AND SAFE INTERACTION BETWEEN HUMAN AND HORSE THROUGH EDUCATION.

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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 $35,980

Program Service Revenue $2,905

Investment Income $3

Other Revenue $11,300

TOTAL REVENUE $50,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,175

Other Expenses $27,354

TOTAL EXPENSES $27,943

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,188	$26,789	+0.9%
Expenses	$27,943	$19,600	+0.4%
Net Income	$22,245	$7,189	+2.1%

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

N/A

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
J SCOTT DOWNS	VICE-PRESIDE	1.00	Officer Director	$0	$0	$0
TAMARA HECKMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
ALICE MIODUSKI	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
PAUL REED	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENN ROBISON	PRESIDENT	1.00	Officer Director	$0	$0	$0
RHEINHOLD SCHMITT	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDA SHIREY	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY WILTROUT	BOARD MEMBER	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	$50,188	$27,943	$80,206	$22,245
2023	$26,789	$19,600	$57,961	$7,189
2021	$37,412	$32,348	$40,984	$5,064
2020	$47,008	$39,897	$35,920	$7,111
2019	$62,765	$45,030	$28,809	$17,735
2018	$18,200	$17,770	$11,074	$430

SECOND CHANCE EQUINE ASSOCIATION