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)

4 risk indicators measuring financial stability and operational resilience

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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

EQUIHOPE'S MISSION IS SERVING THE DALLAS-FORT WORTH METROPLEX THROUGH EQUINE THERAPEUTICS WHILE TEACHING GOOD HORSEMANSHIP IN A SAFE ENVIRONMENT. OUR VISION IS TO BE A LEADING INSTITUTION IN EQUINE THERAPY WHILE PROVIDING WORLD CLASS EXPERIENCES AND EXCEPTIONAL VALUE TO OUR CLIENTS AND BENEFACTORS.

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

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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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