EQUIHOPE

EIN: 882018535 501(c)(3) Health Care

PILOT POINT, TX

Total Revenue
$258,851
Total Expenses
$261,416
Total Assets
$22,843
Net Assets
$-104,610
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TX
Principal Officer
KENT BILLITER
Phone
9723829096
Tax Period
2024-01-01 to 2024-12-31

EQUIHOPE, founded in 2022, is a small nonprofit in the Health Care sector that reported $259K in total revenue in fiscal year 2024.

Mission

NONE

Program Service Accomplishments

Program 1
Expenses: $261,416 Revenue: $178,821

FOUNDED IN 2022 AS A 501(C)(3) NONPROFIT ORGANIZATION, EQUIHOPE PROVIDES EQUINE-ASSISTED SERVICES TO INDIVIDUALS WITH SPECIAL NEEDS AND DISABILITIES IN A SAFE, SUPPORTIVE, AND STRUCTURED ENVIRONMENT...

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FOUNDED IN 2022 AS A 501(C)(3) NONPROFIT ORGANIZATION, EQUIHOPE PROVIDES EQUINE-ASSISTED SERVICES TO INDIVIDUALS WITH SPECIAL NEEDS AND DISABILITIES IN A SAFE, SUPPORTIVE, AND STRUCTURED ENVIRONMENT. OUR MISSION IS TO HARNESS THE TRANSFORMATIVE POWER OF THERAPEUTIC HORSEMANSHIP TO IMPROVE PHYSICAL, EMOTIONAL, AND COGNITIVE OUTCOMES FOR RIDERS OF ALL AGES.USING INTERNATIONALLY RECOGNIZED HORSEMANSHIP CHALLENGES AND EVIDENCE-BASED PRACTICES, OUR CURRICULUM IS DESIGNED TO BUILD STRENGTH, COORDINATION, SPEECH, PLANNING, AND SOCIAL-EMOTIONAL SKILLSALL WHILE BOOSTING CONFIDENCE, INDEPENDENCE, AND LEADERSHIP.OUR TEAM IS CERTIFIED BY THE PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP (PATH INTERNATIONAL) AND BRINGS A WEALTH OF EXPERIENCE IN EDUCATION, APPLIED BEHAVIOR ANALYSIS (ABA), AND CHILD DEVELOPMENT. THIS ALLOWS US TO MEET THE DIVERSE NEEDS OF OUR CLIENTS, FROM EARLY CHILDHOOD THROUGH SENIOR ADULTHOOD.RIDERS PARTICIPATE IN WEEKLY OR BI-WEEKLY SESSIONS WITH A CONSISTENT INSTRUCTOR AND SUPPORT TEAM. EACH SESSION INCLUDES GOAL-ORIENTED ACTIVITIES TAILORED TO MEET THE UNIQUE PHYSICAL AND COGNITIVE NEEDS OF EACH PARTICIPANT.IN 2024, EQUIHOPE HAS EXPANDED ITS REACH BY 30%, NOW SERVING MORE CLIENTS THAN EVER ACROSS DENTON, COLLIN, DALLAS, AND TARRANT COUNTIES. OUR RIDERS, AGES 4 TO 60, REPRESENT A WIDE RANGE OF DIAGNOSES, INCLUDING AUTISM, ADHD, PTSD, CEREBRAL PALSY, AND EATING DISORDERS.WE PROUDLY COLLABORATE WITH CORPORATE, CIVIC, AND EDUCATIONAL GROUPS WHO VOLUNTEER AT OUR FACILITY FOR BOTH SPECIAL EVENTS AND DAY-TO-DAY PROGRAM NEEDS. THESE PARTNERSHIPSALONG WITH GRANTS, DONATIONS, AND FUNDRAISING EFFORTSMAKE IT POSSIBLE FOR US TO OFFER SCHOLARSHIP SUPPORT TO FAMILIES FACING FINANCIAL HARDSHIP.IN 2024, EQUIHOPE DELIVERED NEARLY 2,600 EQUINE EXPERIENCESAND WITH OUR CONTINUED GROWTH IN 2024, THAT NUMBER CONTINUES TO CLIMB AS WE DEEPEN OUR COMMITMENT TO CREATING LASTING, LIFE-CHANGING IMPACT THROUGH EQUINE THERAPY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $85,527
Program Service Revenue $178,821
Investment Income $-5,500
Other Revenue $3
TOTAL REVENUE $258,851

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,761
Fundraising Expenses $0
Program Expenses $261,416
Other Expenses $186,655
TOTAL EXPENSES $261,416

Year-over-Year Comparison

2024 2023 Change
Revenue $258,851 N/A N/A
Expenses $261,416 N/A N/A
Net Income $-2,565 $0 N/A
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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
10

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
3
$66,652
Total Directors
3
$66,652
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENT BILITER PRESIDENT 40.00
Officer Director
$0 $0 $0
MARGE NICHOLSON VICE PRESIDENT 40.00
Officer Director
$0 $0 $0
JENNIFER MATHIS OFFICER 25.00
Officer Director
$66,652 $0 $66,652
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 $258,851 $261,416 $22,843 $-2,565
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