INTL SOC OF EQ LOCOMOTOR PATH (EIN 651290418) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

KENT ALLEN

Phone

5406874663

Tax Period

2024-01-01 to 2024-12-31

INTL SOCIETY FOR EQUINE LOCOMO PATHOLOGY INC, founded in 2006, is a small nonprofit in the Animal-Related sector that reported $763K in total revenue in fiscal year 2020. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $327K, a strong 43% operating margin.

Mission

PROVIDE EDUCATIONAL LECTURES AND DEMONSTRATIONS AT VARIOUS EQUINE VETERINARY VENUES ON EQUINE LOCOMOTOR PATHOLOGY TO AID VETERINARY HEALTHCARE

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $313,985

Program Service Revenue $751,510

Investment Income $774

Other Revenue $0

TOTAL REVENUE $1,066,269

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $58,675

Fundraising Expenses $0

Program Expenses $890,346

Other Expenses $971,621

TOTAL EXPENSES $1,031,796

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,066,269	$811,990	+0.3%
Expenses	$1,031,796	$921,194	+0.1%
Net Income	$34,473	$-109,204	-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

Governance

Voting Members

Independent Members

Employees

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
K ALLEN	PRESIDENT	8	Officer Director	$0	$0	$0
HJ BERGMAN	VICE PRES	5	Officer Director	$0	$0	$0
R PETERSON	TREASURER	5	Officer Director	$0	$0	$0
B RICCIO	SECRETARY	5	Officer Director	$0	$0	$0
A HEITZMANN	BOARD MBR	2	Director	$0	$0	$0
W FRENCH	BOARD MBR	2	Director	$0	$0	$0
K SELBERG	BOARD MBR	2	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	$1,066,269	$1,031,796	$695,920	$34,473
2023	$811,990	$921,194	$678,815	$-109,204
2022	$832,594	$896,047	$773,682	$-63,453
2021	$832,362	$648,191	$844,148	$184,171
2020	$763,048	$435,856	$636,550	$327,192

INTL SOC OF EQ LOCOMOTOR PATH