AMERICAN MORGAN HORSE ASSOCIATION INC (EIN 135540007) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

CARRIE MORTENSEN

Phone

8029854944

Tax Period

2025-01-01 to 2025-12-31

AMERICAN MORGAN HORSE ASSOCIATION INC, founded in 1980, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2025.

Mission

PRESERVE, PROMOTE AND PERPETUATE THE MORGAN BREED

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $558,533

Program Service Revenue $1,777,701

Investment Income $18,838

Other Revenue $3,823

TOTAL REVENUE $2,358,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,141,582

Fundraising Expenses $0

Other Expenses $1,147,705

TOTAL EXPENSES $2,289,287

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,358,895	$2,291,825	+0.0%
Expenses	$2,289,287	$2,322,958	0.0%
Net Income	$69,608	$-31,133	-3.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$134,595

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN HANDY	PRESIDENT	8.00	Officer Director	$0	$0	$0
SHARON BOYCE BENDER	VICE PRESIDENT	8.00	Officer Director	$0	$0	$0
ASHLEIGH WOOD	VP OF FINANCE	8.00	Officer Director	$0	$0	$0
KELLY KRAEGEL	CENTRAL DIRECTOR	8.00	Director	$0	$0	$0
CA TONY LEE III	EASTERN DIRECTOR	8.00	Director	$0	$0	$0
JAMES GRUENBERG	CENTRAL DIRECTOR	8.00	Director	$0	$0	$0
HARLAN GRUNDEN	CENTRAL DIRECTOR (END 2025)	8.00	Director	$0	$0	$0
TERRI STURM	WESTERN DIRECTOR	8.00	Director	$0	$0	$0
DALLAS MCLARNEY-BOLEN	WESTERN DIRECTOR	8.00	Director	$0	$0	$0
CATHY BLACKBURN	CENTRAL DIRECTOR (START 2025)	8.00	Director	$0	$0	$0
CARRIE MORTENSEN	EXECUTIVE DIRECTOR	40.00	Officer	$123,837	$10,758	$134,595

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,358,895	$2,289,287	$2,218,179	$69,608
2024	No data	No data	No data	No data
2023	$2,231,662	$2,181,059	$2,344,365	$50,603
2022	$2,257,844	$2,017,486	$2,180,654	$240,358
2021	$1,973,468	$1,846,093	$2,059,875	$127,375
2020	$1,800,953	$1,572,348	$1,743,784	$228,605
2019	$1,711,420	$1,759,692	$1,559,995	$-48,272
2018	$1,658,231	$1,619,161	$1,409,276	$39,070

AMERICAN MORGAN HORSE ASSOCIATION INC