HONEYS MINI THERAPY ADVENTURES HONEYS MINI THERAPY ADVENTURES

EIN: 832806952 501(c)(3) Health Care

Webster, FL

Total Revenue
$62,416
Total Expenses
$53,388
Total Assets
$23,398
Net Assets
$19,653
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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
FL
Principal Officer
MARY GULLET
Phone
8139573322
Tax Period
2021-01-01 to 2021-12-31

HONEYS MINI THERAPY ADVENTURES HONEYS MINI THERAPY ADVENTURES, founded in 2018, is a micro nonprofit in the Health Care sector that reported $62K in total revenue in fiscal year 2021. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $53K left a modest 14% surplus.

Mission

TO PROVIDE EQUINE THERAPY TO PATIENTS AND STUDENTS FOR PHYSICAL AND EMOTIONAL REHABILITATION AND WELL BEING.

Program Service Accomplishments

Program 1
Expenses: $53,388 Revenue: $62,416

HEALTH AND MAINTENANCE OF MINI THERAPY HORSES FOR THERAPY VISITS TO TO PATIENT AND STUDENT FACILITIES. FUNDRAISING EFFORTS AND DONATIONS ACCEPTED FOR THE EXPANSION OF THE BARN AREA FOR FUTURE...

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HEALTH AND MAINTENANCE OF MINI THERAPY HORSES FOR THERAPY VISITS TO TO PATIENT AND STUDENT FACILITIES. FUNDRAISING EFFORTS AND DONATIONS ACCEPTED FOR THE EXPANSION OF THE BARN AREA FOR FUTURE DEVELOPMENT OF THE PROGRAM TO INCLUDE ON SITE VISITS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $37,000
Program Service Revenue $0
Investment Income $25,416
Other Revenue $0
TOTAL REVENUE $62,416

Expense Breakdown

Grants Paid $500
Salaries & Benefits $28,937
Fundraising Expenses $0
Program Expenses $53,388
Other Expenses $23,951
TOTAL EXPENSES $53,388

Year-over-Year Comparison

2021 2020 Change
Revenue $62,416 $78,898 -0.2%
Expenses $53,388 $34,838 +0.5%
Net Income $9,028 $44,060 -0.8%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
8
$5,769
Total Directors
2
$5,769
Key Employees
1
$5,769
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY GULLET PRESIDENT N/A
Officer Director
$5,769 $0 $5,769
MATTHEW GULLET VP N/A
Officer
$0 $0 $0
WILLIAM WARD CFO N/A
Officer
$0 $0 $0
LEA WARD D N/A
Officer Director
$0 $0 $0
TYLER WARD C N/A
Officer
$0 $0 $0
MICHAEL HEATH C N/A
Officer
$0 $0 $0
LISA SLAUGHTER C N/A
Officer
$0 $0 $0
PATRICIA SCHRAMM C N/A
Key Emp
$5,769 $0 $5,769
KENDI COZZO OFFICER N/A
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
2021 $62,416 $53,388 $23,398 $9,028
2020 $78,898 $34,838 No data $44,060
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