Hoof Beats Therapeutic Riding Inc

Nonprofit profile at a glance

EIN
872990895
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Evansville, IN, USA
Phone
8124537066
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Official website

Reported finances

Revenue
$42,426
Expenses
$32,108
Assets
$11,909

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

Leadership & pay

2 people listed

Executive titles in this filing

  • Tracey Conner (President)

People named in this filing

  • Tracey Conner (President)
  • Kimberly Schneider (Secretary)

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

Hoof Beats Therapeutic Riding is a non-profit organization that offers Equine Assisted Activities EAA to our local Veterans free of charge. EAA includes equine activities to promote the development of life skills, emotional regulation, wellbeing, and improved psychosocial functioning for veterans suffering from the physical and emotional wounds of war, including PTSD, Traumatic Brain Injury TBI, and other mental health challenges. Currently, there are over 13,000 veterans in Vanderburgh county. 1 in 4 of these veterans suffer from PTSD. Our local veterans are an underserved population and we know how important access to mental health services is. Interacting with horses builds trust and confidence and strengthens emotional bonds with each session.

What it reported doing in 2025

Assisted veterans manage and control their mental health

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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.7%; rating input score 76
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 24.3%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 22.1% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 15.9% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 72.5% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 75.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $32K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • 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: Total-asset coverage ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.