Wings of Hope Equitherapy

EIN: 752646324 501(c)(3) Human Services

Cleburne, TX

Total Revenue
$447,068
Total Expenses
$595,242
Total Assets
$1,147,768
Net Assets
$1,015,804
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
TX
Principal Officer
Craig Cheyne
Phone
8177833805
Tax Period
2024-08-01 to 2025-07-31

Wings of Hope Equitherapy, founded in 1996, is a small nonprofit in the Human Services sector that reported $447K in total revenue in fiscal year 2024. Expenses of $595K exceeded revenue, resulting in a 33% operating deficit.

Mission

IT IS THE MISSION OF WINGS OF HOPE TO PROVIDE EQUINE ASSISTED SERVICES FOR CHILDREN AND ADULTS WITH UNIQUE PHYSICAL MENTAL OR EMOTIONAL CHALLENGES.

Program Service Accomplishments

Program 1
Expenses: $314,962 Revenue: $447,068

Wings of Hope provides equine assisted services designed to improve the physical cognitive emotional and social well-being of children and adults with a disability challenge or any type of special...

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Wings of Hope provides equine assisted services designed to improve the physical cognitive emotional and social well-being of children and adults with a disability challenge or any type of special need. Through structured therapeutic horsemanship clients partner with a horse to build strength communication skills confidence and independence in a supportive and inclusive environment. Our mission provides a welcoming environment where individuals are not defined or limited by a diagnosis. Clients are encouraged to explore their abilities build confidence and experience success in ways that may not have been achieved in traditional settings. For many families Wings of Hope is a place where their loved one is truly seen and valued. Programs provide opportunities for participants to flourish while offering families the joy of witnessing growth confidence and independence. During the fiscal year Wings of Hope delivered 1,471 therapeutic lessons including 1,229 mounted lessons and 242 ground based lessons. Lessons incorporate mounted and unmounted ground based activities tailored to each participants abilities and therapeutic objectives. Programs are led by trained instructors and supported by dedicated volunteers and specially trained horses that are integral partners in the therapeutic process. Activities focus on developing functional life skills fostering social and emotional growth while improving physical and cognitive abilities. To ensure accessibility for families in need Wings of Hope provided $73,752 in financial aid during the year helping remove financial barriers and allowing participants to access affordable consistent therapeutic services. In our 30th year of operation Wings of Hope continues to expand access to life changing equine assisted services while strengthening community awareness and support for individuals with disabilities.

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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 $299,595
Program Service Revenue $123,673
Investment Income $5,362
Other Revenue $18,438
TOTAL REVENUE $447,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $296,292
Fundraising Expenses $56,326
Program Expenses $314,962
Other Expenses $298,950
TOTAL EXPENSES $595,242

Year-over-Year Comparison

2024 2023 Change
Revenue $447,068 $435,486 +0.0%
Expenses $595,242 $685,310 -0.1%
Net Income $-148,174 $-249,824 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
13
Volunteers
100

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
6
$62,928
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allison Gross Executive Director 45.00
Officer
$62,928 $0 $62,928
Lisa Nussbaum President - PY 5.00
Officer Director
$0 $0 $0
Clint Sanders Vice President - PY 5.00
Officer Director
$0 $0 $0
Cathy Hobbs Secretary - PY 5.00
Officer Director
$0 $0 $0
Tiffany Bell Treasurer 5.00
Officer Director
$0 $0 $0
Noreen Corlett Board Member 1.00
Director
$0 $0 $0
Holly Gavitt Board Member 1.00
Director
$0 $0 $0
Frank Pace President - PY 1.00
Officer Director
$0 $0 $0
Leah Parent Board Member 1.00
Director
$0 $0 $0
Max Price Board Member 1.00
Director
$0 $0 $0
Robert Riza Board Member 1.00
Director
$0 $0 $0
Molly Snyder Board Member 1.00
Director
$0 $0 $0
Craig Cheyne Board Member 5.00
Director
$0 $0 $0
Marisa Sanchez Board Member 1.00
Director
$0 $0 $0
Jennifer Petrie Board Member 5.00
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
2025 $447,068 $595,242 $1,147,768 $-148,174
2024 $435,486 $685,310 $1,256,163 $-249,824
2023 $694,992 $613,295 $1,483,731 $81,697
2022 $1,088,544 $510,226 $1,450,954 $578,318
2021 $608,058 $430,805 $914,098 $177,253
2020 $513,369 $456,700 $752,080 $56,669
2019 $434,448 $476,971 $667,408 $-42,523
2018 $595,454 $456,069 $693,342 $139,385
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