HEALING REINS OF KENTUCKY INC (EIN 825490540) - 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

Robert E Mitchell

Phone

2702570234

Tax Period

2023-01-01 to 2023-12-31

HEALING REINS OF KENTUCKY INC, founded in 2017, is a small nonprofit in the Health Care sector that reported $217K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 29% operating margin.

Mission

To assist individuals with special needs in meeting their full potential through interaction with horses.

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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 (2023)

Revenue Breakdown

Contributions & Grants $209,526

Program Service Revenue $22,329

Investment Income $1,553

Other Revenue $-16,617

TOTAL REVENUE $216,791

Expense Breakdown

Grants Paid $23,325

Salaries & Benefits $85,210

Fundraising Expenses $16,251

Program Expenses $98,064

Other Expenses $44,954

TOTAL EXPENSES $153,489

Year-over-Year Comparison

	2023	2022	Change
Revenue	$216,791	$174,296	+0.2%
Expenses	$153,489	$137,422	+0.1%
Net Income	$63,302	$36,874	+0.7%

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

$25,210

Total Directors

$25,210

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stacy Denton	Vice-President	5	Officer Director	$12,770	$0	$12,770
Carolyn Schottel	Secretary	5	Officer Director	$12,440	$0	$12,440
Jennifer Wagner	Treasurer	5	Officer Director	$0	$0	$0
Robert E Mitchell	President	5	Officer Director	$0	$0	$0
Ellen Rendle	Director	1	Director	$0	$0	$0
Julie O'Nan	Director	1	Director	$0	$0	$0
Libby Brown	Director (End 1/2023)	1	Director	$0	$0	$0
Shanda Dixon	Director	1	Director	$0	$0	$0
Steve Young	Director	1	Director	$0	$0	$0
Tameka Johnson	Director (Start 3/2023)	1	Director	$0	$0	$0
William A Fidler	Director	1	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	No data	No data	No data	No data
2023	$216,791	$153,489	$297,927	$63,302
2022	$174,296	$137,422	$242,456	$36,874
2021	$159,175	$126,974	$195,213	$32,201
2020	$84,893	$98,410	$162,537	$-13,517
2019	$219,511	$116,264	$177,553	$103,247

HEALING REINS OF KENTUCKY INC