IN STEP WITH HORSESINC (EIN 821696050) - 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

2017

Legal Domicile

Principal Officer

MELISSA HAUSERMAN

Phone

4406881810

Tax Period

2024-01-01 to 2024-12-31

IN STEP WITH HORSESINC, founded in 2017, is a small nonprofit in the Human Services sector that reported $370K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $329K left a modest 11% surplus.

Mission

TO PROVIDE A SAFE PLACE TO REBALANCE MENTAL HEALTH THROUGH A CONNECTION WITH ANIMALS AND NATURE. CONNECTING CLIENTS TO LICENSED MENTAL HEALTH PROFESSIONALS AND TRAINED THERAPY HORSES TO PROMOTE POSITIVE MENTAL HEALTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $182,602

Program Service Revenue $131,012

Investment Income $0

Other Revenue $56,082

TOTAL REVENUE $369,696

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,537

Fundraising Expenses $1,219

Program Expenses $281,039

Other Expenses $145,156

TOTAL EXPENSES $328,693

Year-over-Year Comparison

	2024	2023	Change
Revenue	$369,696	$295,522	+0.3%
Expenses	$328,693	$330,897	0.0%
Net Income	$41,003	$-35,375	-2.2%

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

$16,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHIL CARIS	VICE PRESIDENT	5.00	Director	$0	$0	$0
ELIZABETH LALLY	TREASURER	2.00	Director	$0	$0	$0
JESSICA JACOBSEN	SECRETARY	3.00	Director	$0	$0	$0
JEFFREY LINTON	DIRECTOR	2.00	Director	$0	$0	$0
AMI PATEL	DIRECTOR	1.00	Director	$0	$0	$0
TERESA ROGERS	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA HAUSERMAN	PRESIDENT	30.00	Officer	$16,500	$0	$16,500

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	$369,696	$328,693	$578,984	$41,003
2023	$295,522	$330,897	$548,077	$-35,375
2022	$228,073	$217,697	$582,122	$10,376
2022	$228,073	$217,697	$582,122	$10,376

IN STEP WITH HORSESINC