FAITHFULHEARTS EQUINE LEARNING CENTER (EIN 843812582) - 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

2021

Legal Domicile

Principal Officer

HOLLY FLETCHER

Phone

7196870119

Tax Period

2024-01-01 to 2024-12-31

FAITHFULHEARTS EQUINE LEARNING CENTER, founded in 2021, is a small nonprofit in the Education sector that reported $183K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $50K, a strong 28% operating margin.

Mission

FAITHFULHEARTS EQUINE LEARNING CENTER'S PURPOSE IS TO CONTRIBUTE POSITIVELY TO THE COGNITIVE, PHYSICAL, EMOTIONAL, AND SOCIAL WELL-BEING OF PEOPLE WITH DISABILITIES AND PEOPLE WHO HAVE EXPERIENCED TRAUMA BY FOSTERING CONNECTIONS BETWEEN HORSES AND PEOPLE IN A CHRIST-CENTERED LOVING ENVIRONMENT.

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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 $116,309

Program Service Revenue $66,405

Investment Income $24

Other Revenue $0

TOTAL REVENUE $182,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,424

Fundraising Expenses $9,178

Program Expenses $106,853

Other Expenses $80,955

TOTAL EXPENSES $132,379

Year-over-Year Comparison

	2024	2023	Change
Revenue	$182,738	$121,028	+0.5%
Expenses	$132,379	$110,785	+0.2%
Net Income	$50,359	$10,243	+3.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE BECKMANN-CROW	DIRECTOR	0.50	Director	$0	$0	$0
TAMARA BUTTERY	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
HOLLY FLETCHER	TREASURER	0.50	Officer Director	$0	$0	$0
STEVE WOOLF	DIRECTOR	0.50	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	$182,738	$132,379	$128,911	$50,359
2023	$121,028	$110,785	$56,451	$10,243

FAITHFULHEARTS EQUINE LEARNING CENTER