Shangri La Therapeutic Academy of Riding Inc
Only null% goes to programs Strong reserves Declining revenue
Shangri La Therapeutic Academy of Riding Inc is a 501(c)(3) organization based in Lenoir City, Tennessee, registered in 1988, with $1,032,260 in FY2023 revenue. CharityIndex grades it D.
11800 Highway 11 E, Lenoir City, TN, 37772 EIN 62-1330640 Since 1988
Revenue (FY2023)
$1.0M
▼ 41.3% vs prior year
Health median: $840K
Expenses (FY2023)
$1.4M
Net assets
$5.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Shangri La Therapeutic Academy of Riding Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating47 mo reserves · -31% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Shangri La Therapeutic Academy of Riding Inc: 47 mo reserves · -31% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Shangri La Therapeutic Academy of Riding Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Shangri La Therapeutic Academy of Riding Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 11800 Highway 11 E, Lenoir City, TN, 37772
- City
- Lenoir City
- State
- Tennessee
- Category
- Health Care
- Subcategory
- Health Support Services
- Website
- …
Financial trends
Revenue grew from $530K (FY2013) to $1.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $88KNet assets $5.3M
Operating margin
-30.9%
Spent more than it raised in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$88K
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,032,260▼41.3% | $1,351,089▲27.1% | $5,301,784▼5.6% | $5,389,451▼4.6% | 990 |
| 2022 | $1,758,113▲60.6% | $1,062,803▲24.1% | $5,616,707▲14.0% | $5,649,043▲14.0% | 990 |
| 2021 | $1,094,575▼36.3% | $856,235▼0.5% | $4,927,147▲5.2% | $4,956,374▼3.4% | 990 |
| 2020 | $1,718,204▲79.1% | $860,358▼6.7% | $4,683,586▲22.5% | $5,129,322▲18.7% | 990 |
| 2019 | $959,571▲15.7% | $921,944▲3.3% | $3,821,829▲1.1% | $4,319,959▼0.2% | 990 |
| 2018 | $829,190▼1.5% | $892,884▲13.5% | $3,779,860▼1.5% | $4,327,245▼2.3% | 990 |
| 2017 | $841,688▼61.6% | $786,345▲17.0% | $3,838,602▲1.8% | $4,427,304▲0.8% | 990 |
| 2016 | $2,191,979▲234% | $672,151▲5.0% | $3,770,815▲67.9% | $4,392,999▲49.4% | 990 |
| 2015 | $656,759▼2.8% | $640,012▲0.2% | $2,245,346▲0.8% | $2,940,302▼0.7% | 990 |
| 2014 | $675,951▲27.5% | $638,585▲1.0% | $2,226,670▲1.7% | $2,962,499▼0.3% | 990 |
| 2013 | $530,124 | $632,078▲0.7% | $2,189,414▼4.9% | $2,972,064▼5.3% | 990 |
| 2012 | — | $627,390▼2.3% | $2,302,442▼1.9% | $3,139,756▼2.6% | 990 |
| 2011 | — | $642,471▲6.3% | $2,346,469▼0.4% | $3,222,463▼2.4% | 990 |
| 2010 | — | $604,172 | $2,356,045 | $3,302,311 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $560K total
24 grants to Shangri La Therapeutic Academy of Riding Inc totaling $560K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| East Tennessee Foundation | Medical disciplines | 2024 | $19,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $19,150 |
| East Tennessee Foundation | Gen/oper support | 2023 | $14,000 |
| East Tennessee Foundation | Gen/oper support | 2022 | $25,050 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $20,000 |
| Education Loan Finance Inc | Community support | 2021 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $32,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $32,200 |
| East Tennessee Foundation | Program development | 2021 | $24,660 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $24,950 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2020 | $10,000 |
| East Tennessee Foundation | Gen/oper support | 2020 | $7,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $67,575 |
| East Tennessee Foundation | Program development | 2019 | $38,740 |
| University Health System Inc | Operational support | 2019 | $5,000 |
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Compare Shangri La Therapeutic Academy of Riding Inc
Frequently asked questions
- Is Shangri La Therapeutic Academy of Riding Inc a legitimate nonprofit?
- Yes. Shangri La Therapeutic Academy of Riding Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1330640, based in Lenoir City, Tennessee. Donations are tax-deductible.
- What is Shangri La Therapeutic Academy of Riding Inc's EIN?
- Shangri La Therapeutic Academy of Riding Inc's Employer Identification Number (EIN) is 62-1330640.
- How much revenue does Shangri La Therapeutic Academy of Riding Inc report?
- Shangri La Therapeutic Academy of Riding Inc reported $1,032,260 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Shangri La Therapeutic Academy of Riding Inc have?
- CharityIndex grades Shangri La Therapeutic Academy of Riding Inc D, based on financial health (reserves and operating margin).
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Data for Shangri La Therapeutic Academy of Riding Inc (EIN 62-1330640) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.