HEALING WITH HORSEPLAY INC

EIN: 920516791 501(c)(3) Animal-Related

Corcoran, MN

Total Revenue
$202,991
Total Expenses
$243,764
Total Assets
$246,157
Net Assets
$239,047
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MN
Principal Officer
Breanna Soligny
Phone
6127209481
Tax Period
2025-01-01 to 2025-12-31

HEALING WITH HORSEPLAY INC, founded in 2022, is a small nonprofit in the Animal-Related sector that reported $203K in total revenue in fiscal year 2025. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $244K exceeded revenue, resulting in a 20% operating deficit.

Mission

Healing with Horseplay is an animal protection and welfare organization that rescues animals, primarily horses, that are abused, neglected or to be sent to slaughter and then rehabilitates them. After training them they will find private owners with happy homes for the animals, lent to other non-profits specializing in equine assisted learning or they will become part of the equine-assisted learning programs helping underprivileged children or veterans.

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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 (2025)

Revenue Breakdown

Contributions & Grants $200,458
Program Service Revenue $0
Investment Income $2,533
Other Revenue $0
TOTAL REVENUE $202,991

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,145
Fundraising Expenses $3,240
Program Expenses $202,976
Other Expenses $171,619
TOTAL EXPENSES $243,764

Year-over-Year Comparison

2025 2024 Change
Revenue $202,991 $272,664 -0.3%
Expenses $243,764 $143,796 +0.7%
Net Income $-40,773 $128,868 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
1
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
2
$72,145
Total Directors
4
$55,590
Key Employees
1
$72,145
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Breanna Soligny Chief Executive Officer and President 40
Officer Key Emp Highest
$72,145 $0 $72,145
Mary Soligny Director 10
Director
$0 $55,590 $55,590
Jennifer Kirk Director 2
Director
$0 $0 $0
Desi Bell Director 5
Director
$0 $0 $0
Adam Kirk Treasurer and Secretary 10
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 $202,991 $243,764 $246,157 $-40,773
2024 $272,664 $143,796 $298,013 $128,868
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