SHANGRI-LA THERAPEUTIC ACADEMY OF RIDING INC

EIN: 621330640 501(c)(3) Health Care

LENOIR CITY, TN

Total Revenue
$1,377,507
Total Expenses
$1,286,524
Total Assets
$5,427,738
Net Assets
$5,395,885
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
TN
Principal Officer
EMILY JUSTUS
Phone
8659884711
Tax Period
2024-01-01 to 2024-12-31

SHANGRI-LA THERAPEUTIC ACADEMY OF RIDING INC, founded in 1987, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 7% surplus.

Mission

TO FOSTER PERSONAL ACHIEVEMENT BY PROVIDING THERAPEUTIC EXPERIENCES USING HORSE-RELATED ACTIVITIES FOR PERSONS WITH DISABILITIES OR OTHER SPECIAL CHALLENGES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $598,279
Program Service Revenue $241,160
Investment Income $101,856
Other Revenue $436,212
TOTAL REVENUE $1,377,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $788,724
Fundraising Expenses $79,131
Program Expenses $1,043,474
Other Expenses $497,800
TOTAL EXPENSES $1,286,524

Year-over-Year Comparison

2024 2023 Change
Revenue $1,377,507 $1,032,260 +0.3%
Expenses $1,286,524 $1,351,089 0.0%
Net Income $90,983 $-318,829 -1.3%
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

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Governance

Voting Members
13
Independent Members
13
Employees
25
Volunteers
378

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
$97,369
Total Directors
14
$97,369
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN KLIMAS PETR EXECUTIVE DI 40.00
Officer Director
$97,369 $0 $97,369
MICHELLE HARDIN PRESIDENT N/A
Officer Director
$0 $0 $0
SCOTT CUSHING VICE PRESIDE N/A
Officer Director
$0 $0 $0
CHRISTINA CLAYTON SULLIVAN SECRETARY N/A
Officer Director
$0 $0 $0
BILL THOMPSON TREASURER N/A
Officer Director
$0 $0 $0
AMANDA HARA DIRECTOR N/A
Director
$0 $0 $0
TIM HINSON DIRECTOR N/A
Director
$0 $0 $0
CHASE KERBY DIRECTOR N/A
Director
$0 $0 $0
DENNIS LANDFATHER DIRECTOR N/A
Director
$0 $0 $0
PAT O'BRIEN DIRECTOR N/A
Director
$0 $0 $0
JEFF POTTER DIRECTOR N/A
Director
$0 $0 $0
BRANDI SALYERS DIRECTOR N/A
Director
$0 $0 $0
ROBYN ULRICH DIRECTOR N/A
Director
$0 $0 $0
JULIA WILSON DIRECTOR N/A
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 $1,377,507 $1,286,524 $5,427,738 $90,983
2023 $1,032,260 $1,351,089 $5,389,451 $-318,829
2022 $1,758,113 $1,062,803 $5,649,043 $695,310
2021 $1,094,575 $856,235 $4,956,374 $238,340
2020 $1,718,204 $860,358 $5,129,322 $857,846
2019 $959,571 $921,944 $4,319,959 $37,627
2018 $829,190 $892,884 $4,327,245 $-63,694
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