Horses for Mental Health

EIN: 861504146 501(c)(3) Mental Health

Park City, UT

Total Revenue
$1,047,057
Total Expenses
$1,101,749
Total Assets
$55,064
Net Assets
$55,064
🔒

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
2021
Legal Domicile
UT
Phone
7195012724
Tax Period
2024-01-01 to 2024-12-31

Horses for Mental Health, founded in 2021, is a community nonprofit in the Mental Health sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 158% from the prior year, signaling strong growth momentum.

Mission

TO INCREASE AWARENESS, PUBLIC ENGAGEMENT, FUNDS, AND ACCESS TO PROGRAMS INCORPORATING HORSES FOR MENTAL HEALTH AND PERSONAL GROWTH.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,047,358
Program Service Revenue $0
Investment Income $0
Other Revenue $-301
TOTAL REVENUE $1,047,057

Expense Breakdown

Grants Paid $705,142
Salaries & Benefits $50,000
Fundraising Expenses $0
Program Expenses $1,100,856
Other Expenses $346,607
TOTAL EXPENSES $1,101,749

Year-over-Year Comparison

2024 2023 Change
Revenue $1,047,057 $405,361 +1.6%
Expenses $1,101,749 $376,984 +1.9%
Net Income $-54,692 $28,377 -2.9%
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
5
Independent Members
4
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
5
$50,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN THOMAS President 5.00
Officer
$50,000 $0 $50,000
JACQUE BAUMER Vice President 3.00
Officer
$0 $0 $0
MELISSA KITCHEN Director 3.00
Officer
$0 $0 $0
M SCOTT GILPIN Secretary 1.00
Officer
$0 $0 $0
ADDISON CROOK Treasurer 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 $1,047,057 $1,101,749 $55,064 $-54,692
2023 $405,361 $376,984 $110,208 $28,377
2022 $170,786 $110,210 $81,379 $60,576
Explore More Nonprofits
→Top 100 Nonprofits in Utah →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Horses for Mental Health with other nonprofits in Utah and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.