New Hope Equine Assisted Therapy

EIN: 900854084 501(c)(3) Health Care

Argyle, TX

Total Revenue
$224,547
Total Expenses
$265,222
Total Assets
$26,100
Net Assets
$21,229
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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
2013
Legal Domicile
TX
Phone
8177295315
Tax Period
2023-09-01 to 2024-08-31

New Hope Equine Assisted Therapy, founded in 2013, is a small nonprofit in the Health Care sector that reported $225K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $265K exceeded revenue, resulting in a 18% operating deficit.

Mission

Positive cognitive, physical, emotional and social well being enhancement of individuals with special needs through therapeutic riding as an equine assisted activity.

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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 (2023)

Revenue Breakdown

Contributions & Grants $137,956
Program Service Revenue $42,917
Investment Income $471
Other Revenue $43,203
TOTAL REVENUE $224,547

Expense Breakdown

Grants Paid $0
Salaries & Benefits $105,406
Fundraising Expenses $0
Program Expenses $249,638
Other Expenses $159,816
TOTAL EXPENSES $265,222

Year-over-Year Comparison

2023 2022 Change
Revenue $224,547 $267,389 -0.2%
Expenses $265,222 $258,774 +0.0%
Net Income $-40,675 $8,615 -5.7%
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
9
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
9
$35,704
Total Directors
9
$35,704
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sharla Kershen Executive Dir. 40.00
Officer Director
$35,704 $0 $35,704
David Keshen Operation Dir. 25.00
Officer Director
$0 $0 $0
Neal Bondy Chairperson 2.00
Officer Director
$0 $0 $0
Jennifer Kiedrowski Board Member 1.00
Officer Director
$0 $0 $0
Jason Hodson Board Member 1.00
Officer Director
$0 $0 $0
Kathleen Beisley Marketing Chair 2.00
Officer Director
$0 $0 $0
Aaron Sturman Finance Chair 5.00
Officer Director
$0 $0 $0
Dr Christine Cioffe Board Member 1.00
Officer Director
$0 $0 $0
Bart Lesniewicz Board Member 1.00
Officer Director
$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 No data No data No data No data
2024 $224,547 $265,222 $26,100 $-40,675
2023 $267,389 $258,774 $66,937 $8,615
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