HEC HOOVES OF JOY INC (EIN 831303738) - 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

2018

Legal Domicile

Principal Officer

JOY RATKOWSKI

Phone

7156822558

Tax Period

2023-01-01 to 2023-12-31

HEC HOOVES OF JOY INC, founded in 2018, is a small nonprofit in the Animal-Related sector that reported $334K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

PROVIDE A THERAPEUTIC HORSEMANSHIP PROGRAM FOR CHILDREN AND ADULTS WITH PHYSICAL, EMOTIONAL OR ITELLECTUAL CHALLENGES OR DISABILITIES WITH THE SUPPORT OF VOLUNTEERS AND THE COMMUNITY.

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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 $2,687

Program Service Revenue $331,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $333,687

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,697

Fundraising Expenses $0

Program Expenses $319,226

Other Expenses $207,490

TOTAL EXPENSES $325,187

Year-over-Year Comparison

	2023	2022	Change
Revenue	$333,687	$300,231	+0.1%
Expenses	$325,187	$273,438	+0.2%
Net Income	$8,500	$26,793	-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

N/A

Employees

N/A

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

$78,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOY RATKOWSKI	PRESIDENT	40.00	Officer	$0	$0	$0
MARY FALL	CHAIRPERSON	1.00	Officer	$0	$0	$0
JIMMY SUKYS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
RUSSELL RATKOWSKI	TREASURER	60.00	Officer	$78,000	$0	$78,000
SIERRA BORGSTROM	LABORER	35.00	Highest	$0	$0	$0
TRINITY PEARSON	LABORER	30.00	Key Emp	$0	$0	$0
BETTY STAFFORD	BOARDMEMBER	35.00	Officer	$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	$333,687	$325,187	$260,184	$8,500
2022	$300,231	$273,438	$184,425	$26,793
2021	$359,143	$286,322	$199,563	$72,821

HEC HOOVES OF JOY INC