RHYTHMS OF GRACE

EIN: 852634976 501(c)(3) Health Care

Dallas Center, IA

Total Revenue
$232,802
Total Expenses
$240,974
Total Assets
$92,973
Net Assets
$89,718
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IA
Principal Officer
Dawn Carlson
Phone
5153057361
Tax Period
2025-01-01 to 2025-12-31

RHYTHMS OF GRACE, founded in 2020, is a small nonprofit in the Health Care sector that reported $233K in total revenue in fiscal year 2025.

Mission

Rhythms of Grace is a volunteer-powered nonprofit partnering with licensed therapists and specially trained horses to bring hope, healing, and belonging to children and adults with disabilities and special needs.

Program Service Accomplishments

Program 1
Expenses: $44,959 Revenue: $455

Rhythms of Grace is recognized as an accredited member center of the Professional Association of Therapeutic Horsemanship International (PATH Int'l). It is one of eight PATH Int'l centers in the...

Read more

Rhythms of Grace is recognized as an accredited member center of the Professional Association of Therapeutic Horsemanship International (PATH Int'l). It is one of eight PATH Int'l centers in the State of Iowa. The Founder is one of 26 PATH Int'l credentialed Certified Therapeutic Riding Instructors in the State of Iowa and one of 6 Equine Specialists in Mental Health and Learning. Adhering to the PATH Int'l industry Standards for safety, facility, programming, policies and procedures is a priority for all aspects of the organization's program services. Equine Assisted Services is an umbrella term encompassing Therapeutic Horsemanship, Equine Assisted Learning and Equine Assisted Therapy, programs which are medically recognized forms of therapeutic intervention for a number of disabilities. In 2025, Rhythms of Grace partnered with 12 special horses to offer 32 weeks of programming and 952 client hours. Clients represent children and adults with more than 35 primary diagnoses in aggregate. Volunteers provided more than 5,250 hours of volunteer time at a value of $182,647.

Program 2
Expenses: $80,927 Revenue: $16,755

Equine Assisted Psychotherapy involves our Equine Specialist in Mental Health and Learning (ESMHL) partnering with licensed mental health therapists to offer therapy either unmounted or mounted on a...

Read more

Equine Assisted Psychotherapy involves our Equine Specialist in Mental Health and Learning (ESMHL) partnering with licensed mental health therapists to offer therapy either unmounted or mounted on a horse for rhythmic riding. Both professionals are also trained in Natural Lifemanship, another certification that's foundation is on connected relationships. Eight (8%) percent of programming was mental health therapy. Hippotherapy, also known as Equine Assisted Occupational Therapy (OT), utilizes the movement of horses for adults and children as young as age 2. A licensed occupational therapist partners with Rhythms of Grace's Certified Instructor to offer OT services for a variety of diagnoses including chronic autoimmune disorders, splastic diplegia, cerebral palsy, stroke recovery, and strength building for more positive life experiences. Twenty-four (24%) percent of programming was occupational therapy.

Program 3
Expenses: $98,910 Revenue: $24,857

Therapeutic Horsemanship is offered to adults and children age 4 and older. An extensive list of diagnoses are positively impacted by the therapeutic benefits of horsemanship or adaptive riding...

Read more

Therapeutic Horsemanship is offered to adults and children age 4 and older. An extensive list of diagnoses are positively impacted by the therapeutic benefits of horsemanship or adaptive riding. Autism, ADHD, Bipolar, Anxiety, Depression, PTSD, Cerebral Palsy, speech development are all impacted. We teach riding skills. We focus on Physical, Social, Emotional, Fitness, Balance, Coordination, Posture, Calming, Self-Confidence, Sequencing, Empathy, Leadership, etc. Therapeutic riding and therapy is great rehab for people suffering from a stroke. MS, ALS and Parkinson's can be slowed by therapeutic riding. Speech can be regained after trauma. Individuals on the autism spectrum benefit from the flow of oxytocin in the brain and serotonin which help to reduce stress, increase trust, stability and socialization skills. There are 110 movements per minute at the walk, which helps with balance, coordination and strength. Balance is triggered in the inner ear; speech is triggered by riding. Therapeutic riding accounts for 68% for our programming hours.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $163,536
Program Service Revenue $42,067
Investment Income $0
Other Revenue $27,199
TOTAL REVENUE $232,802

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $11,010
Program Expenses $224,796
Other Expenses $240,974
TOTAL EXPENSES $240,974

Year-over-Year Comparison

2025 2024 Change
Revenue $232,802 $243,523 0.0%
Expenses $240,974 $231,059 +0.0%
Net Income $-8,172 $12,464 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
154

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
6
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jacki Fultz Chair 2
Officer Director
$0 $0 $0
Marissa Hunter Director / Treasurer 2
Officer Director
$0 $0 $0
Wendy Hultman Secretary 2
Officer Director
$0 $0 $0
Eileen Ostlund Vice Chair (Partial Year) 2
Officer Director
$0 $0 $0
Cole Birkholtz Treasurer (Partial Year) 2
Officer Director
$0 $0 $0
Cindy Kool Director (Partial Year) 2
Director
$0 $0 $0
Andy TeBockhorst Director (Partial Year) 2
Director
$0 $0 $0
Dawn Carlson Founder, CEO, Instructor 90
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
2025 $232,802 $240,974 $92,973 $-8,172
2024 No data No data No data No data
2023 $238,519 $234,651 $109,980 $3,868
Explore More Nonprofits
Top 100 Nonprofits in Iowa Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RHYTHMS OF GRACE with other nonprofits in Iowa and across the country.