For the riding issue, it's hard to judge without seeing a pic. If she's coming back from starvation, chances are her feet have not been looked after, so that's something to consider.
As far as feeding, you have gotten great advice. There's not much better for a horse than good, green grass. Mine rarely even look at oats when the grass is good. There are many people on here who would be able to help you if you decide to use concentrates. Someone recommended subscribing to FeedXL.com.