AHEAD WITH HORSES INC (EIN 953165603) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Phone

8187676373

Tax Period

2024-07-01 to 2025-06-30

AHEAD WITH HORSES INC, founded in 1977, is a small nonprofit in the Health Care sector that reported $182K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $344K exceeded revenue, resulting in a 89% operating deficit.

Mission

Ahead With Horses is devoted to improving the quality of life of disabled, disadvantaged, and special needs children through equine therapy using vaulting also known as gymnastics on a horse.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $231,047

Program Service Revenue $69,703

Investment Income $-144,403

Other Revenue $25,811

TOTAL REVENUE $182,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $149,407

Fundraising Expenses $9,097

Program Expenses $299,664

Other Expenses $194,398

TOTAL EXPENSES $343,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$182,158	$327,152	-0.4%
Expenses	$343,805	$336,128	+0.0%
Net Income	$-161,647	$-8,976	+17.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

486

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

$66,560

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE NEWMAN	Executive Dir.	40.00	Officer	$66,560	$0	$66,560
JUDY BEEM	President	20.00	Officer Director	$0	$0	$0
NANCY KENYON	Vice President	7.00	Officer Director	$0	$0	$0
FLOYD NEWMAN	Treasurer	2.00	Officer Director	$0	$0	$0
JULIE CASEY	Secretary	20.00	Officer Director	$0	$0	$0
LISA BARAGOSH	MEMBER	5.00	Director	$0	$0	$0
DENISE BARNES	MEMBER	1.00	Director	$0	$0	$0
STEPHANIE SHEINBERG	MEMBER	4.00	Director	$0	$0	$0
JOYCE DAVISON	MEMBER	1.00	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	$182,158	$343,805	$1,020,101	$-161,647
2024	$327,152	$336,128	$1,184,363	$-8,976
2023	$262,247	$317,211	$1,200,219	$-54,964
2022	$238,186	$306,392	$1,251,946	$-68,206
2021	$322,506	$263,353	$1,314,165	$59,153
2020	$352,196	$288,003	$1,224,454	$64,193
2019	$330,530	$309,998	$1,588,962	$20,532

AHEAD WITH HORSES INC