TEMPUS RENATUS SCHOOL OF CLASSICAL HORSEMANSHIP INC

EIN: 813950303 501(c)(3) Animal-Related

BLACK MOUNTAIN, NC

Total Revenue
$432,546
Total Expenses
$715,197
Total Assets
$2,733,035
Net Assets
$471,062
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NC
Principal Officer
DEBBIE WRIGHT-THOMASSON
Phone
9103343306
Tax Period
2022-01-01 to 2022-12-31

TEMPUS RENATUS SCHOOL OF CLASSICAL HORSEMANSHIP INC, founded in 2016, is a small nonprofit in the Animal-Related sector that reported $433K in total revenue in fiscal year 2022. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $715K exceeded revenue, resulting in a 65% operating deficit.

Mission

THE SCHOOL IS DEDICATED TO PRESERVING THE HISTORICAL EQUESTRIAN ARTS.THE SCHOOL BRINGS THESE ART FORMS TO IS LOCAL COMMUNITY, GIVING PERFORMANCES FOR THE ENJOYMENT OF THE LOCAL COMMUNITY AND EDUCATION PROGRAMS AND CERTIFICATIONS TO THOSE WHO OTHERWISE DO NOT HAVE THE OPPORTUNITY TO LEARN.

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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 (2022)

Revenue Breakdown

Contributions & Grants $422,441
Program Service Revenue $17,705
Investment Income $-7,600
Other Revenue $0
TOTAL REVENUE $432,546

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,535
Fundraising Expenses $0
Program Expenses $649,391
Other Expenses $616,662
TOTAL EXPENSES $715,197

Year-over-Year Comparison

2022 2021 Change
Revenue $432,546 $1,236,288 -0.7%
Expenses $715,197 $389,957 +0.8%
Net Income $-282,651 $846,331 -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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
15
Volunteers
8

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
2
$36,000
Total Directors
3
$36,000
Key Employees
1
$36,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY WRIGHT-THOMASSON EXECUTIVE DIRECTOR 60.00
Officer Director Key Emp
$36,000 $0 $36,000
DEBBIE WRIGHT-THOMASSON SECRETARY/TREASURER 25.00
Officer Director
$0 $0 $0
TARRA MILLENDER DIRECTOR 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
2022 $432,546 $715,197 $2,733,035 $-282,651
2021 $1,236,288 $389,957 $2,661,694 $846,331
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