Naples Therapeutic Riding Center Inc

EIN: 650793008 501(c)(3) Health Care

Naples, FL

Total Revenue
$2,635,867
Total Expenses
$1,658,087
Total Assets
$8,493,447
Net Assets
$8,361,516
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
FL
Principal Officer
Laura Burns
Phone
2395962988
Tax Period
2023-01-01 to 2023-12-31

Naples Therapeutic Riding Center Inc, founded in 1997, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $978K, a strong 37% operating margin.

Mission

To provide therapeutic horseback riding for children and adults with special needs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,412,708
Program Service Revenue $157,955
Investment Income $222,887
Other Revenue $-157,683
TOTAL REVENUE $2,635,867

Expense Breakdown

Grants Paid $0
Salaries & Benefits $828,482
Fundraising Expenses $84,673
Program Expenses $1,454,044
Other Expenses $829,605
TOTAL EXPENSES $1,658,087

Year-over-Year Comparison

2023 2022 Change
Revenue $2,635,867 $1,834,761 +0.4%
Expenses $1,658,087 $1,798,366 -0.1%
Net Income $977,780 $36,395 +25.9%
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
10
Independent Members
10
Employees
25
Volunteers
557

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
0
$0
Total Directors
11
$0
Key Employees
6
$136,189
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elise Coutre Board Member 1.00
Director
$0 $0 $0
Jeff Fortier Board Member 1.00
Director
$0 $0 $0
Carolyn Gullion Board Member 1.00
Director
$0 $0 $0
Brian McNamara Board Member 1.00
Director
$0 $0 $0
Sumner Nystedt Board Member 1.00
Director
$0 $0 $0
Dr Bill Swartz Board Member 1.00
Director
$0 $0 $0
Mario Valle Board Member 1.00
Director
$0 $0 $0
Gregory Otis President 1.00
Director Key Emp
$0 $0 $0
Connie Sharpe Vice President 1.00
Director Key Emp
$0 $0 $0
Adrienne Doane Treasurer 1.00
Director Key Emp
$0 $0 $0
Sara White Secretary 1.00
Director Key Emp
$0 $0 $0
Martin de St Pierre Executive Director 40.00
Key Emp
$136,189 $0 $136,189
Laura Burns Executive Director 40.00
Key Emp
$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 $2,635,867 $1,658,087 $8,493,447 $977,780
2022 $1,834,761 $1,798,366 $8,494,281 $36,395
2021 $2,272,701 $1,696,365 $8,670,143 $576,336
2020 $1,671,277 $1,330,493 $6,869,805 $340,784
2019 $1,614,975 $1,225,770 $6,490,424 $389,205
2018 $1,447,775 $1,206,259 $6,072,763 $241,516
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