HOPE RIDES (EIN 870777290) - 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

2006

Legal Domicile

Principal Officer

VOLLIE HEITKAMP

Phone

6123106360

Tax Period

2024-01-01 to 2024-12-31

HOPE RIDES, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $281K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $259K left a modest 8% surplus.

Mission

Faith based horse and husbandry related mentorship programs via a ranch platform that encourages, equips and empowers individuals to build important life skills to open doorways of hope.

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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 $254,022

Program Service Revenue $0

Investment Income $6,324

Other Revenue $21,122

TOTAL REVENUE $281,468

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $258,810

TOTAL EXPENSES $258,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$281,468	$372,491	-0.2%
Expenses	$258,810	$231,614	+0.1%
Net Income	$22,658	$140,877	-0.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUE SZAJNER	PRESIDENT	1	Officer	$0	$0	$0
SHARON PEARSON	VICE PRESIDENT	1	Officer	$0	$0	$0
VOLLIE HEITKAMP	SECRETARY TREASURER	20	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	$281,468	$258,810	$2,489,425	$22,658
2023	$372,491	$231,614	$2,272,818	$140,877
2022	$211,857	$173,249	$1,919,131	$38,608
2021	$208,336	$161,515	$1,880,523	$46,821
2020	$279,518	$124,443	$1,833,702	$155,075
2018	$142,473	$92,339	$1,500,609	$50,134

HOPE RIDES