RIDE ON LA RIDE ON THERAPEUTIC HOR… - Form 990 Financial Data

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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

1994

Legal Domicile

Principal Officer

FRANK GREICO

Phone

8187002971

Tax Period

2024-01-01 to 2024-12-31

RIDE ON LA RIDE ON THERAPEUTIC HORSEMANSHIP, founded in 1994, is a community nonprofit in the Human Services sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 48% operating margin.

Mission

Ride On LA was organized to primarily promote the welfare of at-risk youth and people with any type of physical, mental or cognitive disability by means of equine assisted activities and therapies, and by providing instruction and education for all in equestrian-related social, vocational and recreational activities.

Program Service Accomplishments

Program 1

Expenses: $1,665,518

RIDE ON GAVE APPROXIMATELY 8,600 THERAPEUTIC HORSEBACK RIDING LESSONS TO ABOUT 250MENTALLY AND PHYSICALLY DISABLED CHILDREN AND ADULTS EACH WEEK USING 125 VOLUNTEERSWHO DONATED OVER 15,000 HOURS OF SERVICE. RIDE ON LA SUBSIDIZES THE FEE FOR SERVICEFOR ALL CLEINTS BUT ALSO GIVES SCHOLARSHIPS AT FURTHER REDUCED RATES RANGING FROMFREE TO OF PUBLISHED RATES. SEE STATEMENT 1.

Program 2

Expenses: $387,306

RIDE ON ALSO PROVIDED NEARLY 2,000 PHYSICAL, OCCUPATIONAL OR SPEECH THERAPY TREATMENTS USING THE MOVEMENT OF THE HORSE TO IMPROVE SPECIFIC MEDICAL CONDITIONSUNDER THE DIRECT SUPERVISION OF SPECIALLY TRAINED MEDICAL PROFESSIONALS. RIDE ON ISTHE ONLY NATIONALLY ACCREDITED PROVIDER OF SUCH THERAPY IN LOS ANGELES OR VENTURA COUNTY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,543,306

Program Service Revenue $1,639,593

Investment Income $21,746

Other Revenue $135,325

TOTAL REVENUE $4,339,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $223,600

Fundraising Expenses $76,728

Program Expenses $2,052,824

Other Expenses $2,052,674

TOTAL EXPENSES $2,276,274

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,339,970	$2,483,752	+0.7%
Expenses	$2,276,274	$2,114,200	+0.1%
Net Income	$2,063,696	$369,552	+4.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

360

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

$223,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYAN MCQUEENEY	CO-CEO	40.00	Officer	$111,800	$0	$111,800
Sara Jones	co-ceo	40.00	Officer	$111,800	$0	$111,800
GLORIA HAMBLIN	Director	1.00	Director	$0	$0	$0
Joel Adelman	Director	1.00	Director	$0	$0	$0
Claes Hornstrand	Director	1.00	Director	$0	$0	$0
Larry Goldman	Director	1.00	Director	$0	$0	$0
Brian Buchner	President	3.00	Officer Director	$0	$0	$0
WYATT MCCREA	Director	1.00	Director	$0	$0	$0
FRANK GREICO	Treasurer	2.00	Officer Director	$0	$0	$0
Sam Saghir	Director	1.00	Director	$0	$0	$0
Tim Meissner	Director	1.00	Director	$0	$0	$0
Constance E M Gringeri	Director	1.00	Director	$0	$0	$0
Kris Coontz	Director	1.00	Director	$0	$0	$0
Matt Hourihan	Secretary	2.00	Officer Director	$0	$0	$0
DIRAN BANDAZIAN	Director	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
2024	$4,339,970	$2,276,274	$5,853,578	$2,063,696
2023	$2,483,752	$2,114,200	$3,835,310	$369,552
2022	$2,001,832	$1,850,096	$3,519,703	$151,736
2021	$1,914,115	$1,528,737	$3,422,208	$385,378
2020	$1,416,609	$1,450,647	$3,151,576	$-34,038
2019	$1,259,739	$1,164,915	$3,100,306	$94,824
2018	$832,054	$883,701	$2,976,364	$-51,647

RIDE ON LA RIDE ON THERAPEUTIC HORSEMANSHIP