The Medicine Horse Center (EIN 841560026) - 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

1999

Legal Domicile

Principal Officer

Lynne Howarth

Phone

9705337403

Tax Period

2024-01-01 to 2024-12-31

The Medicine Horse Center, founded in 1999, is a small nonprofit in the Health Care sector that reported $233K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring.

Mission

Equine Assisted Therapies for physically, mentally, and cognitively challenged children and adults.

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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 $183,957

Program Service Revenue $33,465

Investment Income $4,225

Other Revenue $11,826

TOTAL REVENUE $233,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,227

Fundraising Expenses $9,485

Program Expenses $203,382

Other Expenses $107,991

TOTAL EXPENSES $251,218

Year-over-Year Comparison

	2024	2023	Change
Revenue	$233,473	$398,107	-0.4%
Expenses	$251,218	$268,785	-0.1%
Net Income	$-17,745	$129,322	-1.1%

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

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

Total Directors

$63,232

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lynne Howarth	Executive Dir.	30.00	Director	$63,232	$0	$63,232
Dr Marie Brown Wagner	Director	1.00	Director	$0	$0	$0
Jan Rains	Vice President	0.00	Director	$0	$0	$0
Allison Klein	Director	0.00	Director	$0	$0	$0
Jessica Magie	Director	0.00	Director	$0	$0	$0
Bernadette Tuthill	Secretary	1.00	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	$233,473	$251,218	$309,094	$-17,745
2023	$398,107	$268,785	$326,840	$129,322
2022	$250,143	$248,252	$199,787	$1,891
2021	$276,739	$227,354	$197,825	$49,385
2020	$202,332	$192,827	$147,881	$9,505
2019	$200,709	$177,185	$137,882	$23,524

The Medicine Horse Center