New Mexico Center for Therapeutic Riding
Nonprofit profile at a glance
- EIN
- 465184226
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- Santa Fe, NM, USA
- Phone
- 5054712000
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Rehabilitative Medical Services
Reported finances
- Revenue
- $17,117
- Expenses
- $106,517
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- MICHAEL BROWN (BOARD PRESID)
- CELIA LUDI (BOARD SECRET)
- SHERRY SNOW (BOARD TREASU)
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
The mission of the New Mexico center for therapeutic riding (nmctr) is to enrich and expand the lives of children, youth and adults with special needs through equine-assisted activities and therapties.
What it reported doing in 2025
Nmctr is member of the professional association of therapeutic horsemanship international (path intl.). Path intl. Is the governing body that oversees member therapeutic riding programs and certifies instructors and facilities. Path intl. Strives to provide a culture of safety, understanding and ethical treatment of humans and horses engaged in equine-assisted activities and therapies (from path intl. Core values). All of nmctrs instructors are path intl. Certified instructors, and adhere to path intl. Guidelines and standards for therapeutic riding programs. Nmctr offers riding and horsemanship programs and equine-assisted mental health programs. Nmctr holds several eight-week sessions yearly, as well as a week-long summer camp, with individual and group lessons. Each participant is encouraged to participate fully in these activities to the best of their ability. Nmctrs instructors develop individualized plans for each participant, with regular progress assessments.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- 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: 90
- Transparency & Controls: 100
- Sustainability: 3
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 72%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -522.3%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 20.4%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 6.4% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 72% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $77K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2014 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 3/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 8/100.