STARLIGHT THERAPEUTIC RIDING CENTER INC (EIN 841749519) - 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

2019

Legal Domicile

Principal Officer

GREG WELBORN

Phone

4327415773

Tax Period

2023-01-01 to 2023-12-31

STARLIGHT THERAPEUTIC RIDING CENTER INC, founded in 2019, is a small nonprofit in the Diseases & Disorders sector that reported $715K in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $374K, a strong 52% operating margin.

Mission

IMPROVE MENTAL, PHYSICAL AND BEHAVIORAL WELL-BEING FOR PEOPLE WITH DISABILITIES USING 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 $894,876

Program Service Revenue $25,683

Investment Income $671

Other Revenue $-206,230

TOTAL REVENUE $715,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,083

Fundraising Expenses $0

Program Expenses $226,879

Other Expenses $136,828

TOTAL EXPENSES $340,911

Year-over-Year Comparison

	2023	2022	Change
Revenue	$715,000	$378,534	+0.9%
Expenses	$340,911	$416,698	-0.2%
Net Income	$374,089	$-38,164	-10.8%

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

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

$64,190

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MODESTA S WILLIAMS	MEMBER	0.00	Director	$0	$0	$0
JENNIFER DAVIS HORD	MEMBER	0.00	Director	$0	$0	$0
CHRIS CONSIDINE	MEMBER	0.00	Director	$0	$0	$0
DR STEPHANIE MOSES	MEMBER	0.00	Director	$0	$0	$0
DR ROGAN D TINDOL	MEMBER	0.00	Director	$0	$0	$0
CHICORA WILLIAMS WELBORN	PRESIDENT	0.00	Officer Director	$0	$0	$0
GREG WELBORN	VICE PRESIDENT / TREASURER	0.00	Officer Director	$0	$0	$0
SHANNON KEY	SECRETARY	0.00	Officer Director	$0	$0	$0
ELIZABETH MAYBIN	EXECUTIVE DIRECTOR	40.00	Officer	$64,190	$0	$64,190

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	$715,000	$340,911	$1,479,061	$374,089
2023	$715,000	$340,911	$1,479,061	$374,089
2022	$378,534	$416,698	$1,104,972	$-38,164
2021	$604,991	$247,844	$1,143,136	$357,147
2020	$565,025	$288,263	$826,349	$276,762
2019	$697,797	$183,935	$513,992	$513,862

STARLIGHT THERAPEUTIC RIDING CENTER INC