SMALL MIRACLES THERAPEUTIC EQUESTRIAN CENTER INC (EIN 621603341) - 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

1995

Legal Domicile

Principal Officer

SHERRI RUSSELL

Phone

4233491111

Tax Period

2023-01-01 to 2023-12-31

SMALL MIRACLES THERAPEUTIC EQUESTRIAN CENTER INC, founded in 1995, is a small nonprofit in the Health Care sector that reported $241K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $270K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO ENHANCE PHYSICAL, EMOTIONAL, AND COGNITIVE GROWTH OF INDIVIDUALS WITH SPECIAL NEEDS THROUGH EQUINE-ASSISTED ACTIVITIES.

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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 $196,300

Program Service Revenue $21,678

Investment Income $2,552

Other Revenue $20,504

TOTAL REVENUE $241,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $144,717

Fundraising Expenses $4,691

Program Expenses $218,581

Other Expenses $124,813

TOTAL EXPENSES $269,530

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,034	$341,065	-0.3%
Expenses	$269,530	$266,942	+0.0%
Net Income	$-28,496	$74,123	-1.4%

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

$49,676

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERRI RUSSELL	EXECUTIVE DI	40.00	Officer	$49,676	$0	$49,676
DAVID ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
KIM COX	DIRECTOR	1.00	Director	$0	$0	$0
JENNY DUGGER	SECRETARY	1.00	Director	$0	$0	$0
BRIAN ELPERS	CHAIRMAN	2.00	Director	$0	$0	$0
PHIL ELSEA	ADVISORY COM	1.00	Director	$0	$0	$0
NATHAN FLORA	TREASURER	1.00	Director	$0	$0	$0
VERA GILMER	VICE PRESIDE	1.00	Director	$0	$0	$0
DEBBIE HUBBARD	DIRECTOR	2.00	Director	$0	$0	$0
JASON JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE LITTLE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTY MILLER	ADVISORY COM	2.00	Director	$0	$0	$0
JARROD REED	PRESIDENT	1.00	Director	$0	$0	$0
DEBORAH REIFF	ADVISORY COM	2.00	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	$241,034	$269,530	$856,493	$-28,496
2022	$341,065	$266,942	$884,989	$74,123
2021	$240,037	$257,216	$810,866	$-17,179
2020	$311,622	$282,303	$828,045	$29,319
2019	$248,613	$282,762	$798,726	$-34,149
2018	$252,587	$254,833	$832,878	$-2,246

SMALL MIRACLES THERAPEUTIC EQUESTRIAN CENTER INC