North Shore Horse Rescue

EIN: 943462878 501(c)(3)

Calverton, NY

Total Revenue
$53,321
Total Expenses
$59,270
Total Assets
N/A
Net Assets
N/A
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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
2010
Legal Domicile
NY
Principal Officer
Laurel Palermo
Phone
6313348258
Tax Period
2020-01-01 to 2020-12-31

North Shore Horse Rescue, founded in 2010, is a micro nonprofit that reported $53K in total revenue in fiscal year 2020. Expenses of $59K exceeded revenue, resulting in a 11% operating deficit.

Mission

Rescue and rehabilitation for horses

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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 (2020)

Revenue Breakdown

Contributions & Grants $53,321
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $53,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $351
Program Expenses $56,160
Other Expenses $59,270
TOTAL EXPENSES $59,270

Year-over-Year Comparison

2020 2019 Change
Revenue $53,321 $55,327 0.0%
Expenses $59,270 $56,526 +0.0%
Net Income $-5,949 $-1,199 +4.0%
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
7
Independent Members
7
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
5
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laurel Palermo N/A
Director
$0 $0 $0
Thomas Renzetti N/A
Director
$0 $0 $0
Beth Springston N/A
Officer
$0 $0 $0
Lynn Gallo N/A
Officer
$0 $0 $0
Catlin Rooney N/A
Officer
$0 $0 $0
Michelle Giovannelli N/A
Officer
$0 $0 $0
Victoria Mortimer N/A
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
2020 $53,321 $59,270 No data $-5,949
2019 $55,327 $56,526 $2,232 $-1,199
2019 $55,327 $56,526 No data $-1,199
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