Happy Hooves Therapeutic Farm Inc

Nonprofit profile at a glance

EIN
845016928
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Elburn, IL, USA
Phone
6302537094
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal-Related N.E.C.

Official website

Reported finances

Revenue
$163,036
Expenses
$170,568
Assets
$32,615
Liabilities
$59,059

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • Brittany Lerdal (Director)
  • DAN LIEVROUW (Director)
  • Rachael Bowman (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A farm providing animal-assisted therapies, programs and camps for families in our community that are dealing with disability.

What it reported doing in 2025

Happy Hooves Therapeutic Farm is a not-for-profit outpatient therapy center that is providing an opportunity for families and children dealing with disability to receive physical therapy, occupational therapy, and therapeutic riding from the for-profit company, Strides In Motion. Strides In Motion is responsible for providing licensed therapists who conduct therapy sessions at Happy Hooves Therapeutic Farm. Strides In Motion uses the horses that live on and are cared for by Happy Hooves Therapeutic Farm during the therapy sessions. During 2025, there have been 1,300 one-hour sessions provided for 27 special needs children.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97%; rating input score 97
  • Program expense ratio: 92.7%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -4.6%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 1.81; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 22.6% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 15.3% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 97% of revenue deployed · 92.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $158K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 20/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.