INTERSCHOLASTIC EQUESTRIAN ASSOC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

ROXANE DURANT

Phone

4404634452

Tax Period

2024-07-01 to 2025-06-30

INTERSCHOLASTIC EQUESTRIAN ASSOC, founded in 2006, is a community nonprofit in the Recreation & Sports sector that reported $4.0M in total revenue in fiscal year 2024.

Mission

IEA'S MISSION IS TO PROMOTE LIFELONG INVOLVEMENT IN EQUESTRIAN ATHLETICS. IEA WISHES TO INTRODUCE STUDENTS IN GRADES 4-8 (FUTURE) AND 9-12 (UPPER SCHOOL) TO EQUESTRIAN SPORTS AND TO DEVELOP UNDERSTANDING AND APPRECIATION OF EQUESTRIAN SPORTS THROUGH ORGANIZED COMPETITIONS AND EDUCATIONAL OPPORTUNITIES. IEA FURTHER WISHES TO INSPIRE AND FACILITATE ADULTS TO CONTINUE THEIR JOURNEY IN EQUESTRIAN ATHLETICS FOR A LIFETIME.

Program Service Accomplishments

Program 1

Expenses: $3,405,108

IEA IS ORGANIZED TO PROMOTE AND EXPAND ACCESS TO QUALITY TEAM AND INDIVIDUAL EQUESTRIAN COMPETITION AND INSTRUCTION. ITS PURPOSE SHALL BE TO SET STANDARDS FOR COMPETITION; TO PROVIDE INFORMATION...

IEA IS ORGANIZED TO PROMOTE AND EXPAND ACCESS TO QUALITY TEAM AND INDIVIDUAL EQUESTRIAN COMPETITION AND INSTRUCTION. ITS PURPOSE SHALL BE TO SET STANDARDS FOR COMPETITION; TO PROVIDE INFORMATION CONCERNING THE CREATION AND DEVELOPMENT OF EQUESTRIAN SPORT PROGRAMS; TO PROMOTE THE COMMON INTERESTS OF SAFE RIDING INSTRUCTION; AND TO EDUCATE ON MATTERS RELATED TO HORSEMANSHIP.

Program 2

THE IEA AIMS TO DEVELOP UNDERSTANDING, APPRECIATION, AND PARTICIPATION IN EQUESTRIAN SPORTS THROUGH ORGANIZED COMPETITIONS AND ADDITIONAL EQUINE EDUCATIONAL OPPORTUNITIES. DURING FY 24.25, OUR...

THE IEA AIMS TO DEVELOP UNDERSTANDING, APPRECIATION, AND PARTICIPATION IN EQUESTRIAN SPORTS THROUGH ORGANIZED COMPETITIONS AND ADDITIONAL EQUINE EDUCATIONAL OPPORTUNITIES. DURING FY 24.25, OUR ORGANIZATION HOSTED 1072 SHOWS. WE SHOWED A SMALL INCREASE IN MEMBERSHIP, ENDING AT A TOTAL MEMBER COUNT OF 14,960.

Program 3

THE IEA UNDERTOOK A MAJOR CHANGE IN 24.25 AS WE FOCUSED ON A TECHNOLOGICAL OVERHAUL TO BRING ALL OF OUR OPERATING SYSTEMS FOR TRACKING MEMBERS AND EVENTS INTO A NEW, CUSTOMIZED SYSTEM THAT WOULD...

THE IEA UNDERTOOK A MAJOR CHANGE IN 24.25 AS WE FOCUSED ON A TECHNOLOGICAL OVERHAUL TO BRING ALL OF OUR OPERATING SYSTEMS FOR TRACKING MEMBERS AND EVENTS INTO A NEW, CUSTOMIZED SYSTEM THAT WOULD INTEGRATE WITH MORE ADVANCED PAYMENT SYSTEMS, IMPROVED SECURITY, AND GENERAL PLATFORM/OPERATING ADVANCEMENTS. THAT SYSTEM OVERHAUL AND TRANSITION TOOK DEDICATION AND OVERTIME FROM STAFF AND MANAGEMENT, BUT THE NET RESULT IS A HUGE ENHANCEMENT TO OUR MEMBER EXPERIENCE AND TO AN UNAVOIDABLE UPGRADE SINCE THE PRIOR OPERATING SYSTEM WAS NO LONGER SUPPORTED BY EXISTING TECHNOLOGY. THE IEA CONTINUES TO OFFER ITS ADULT PILOT PROGRAM, AND INCLUDED INCORPORATION OF THE ADULT COMPETITIONS AND TRACKING INTO ITS NEW DATA SYSTEMS. ADDITIONALLY, THE CORE EDUCATIONAL COMPONENT OF THE IEA, ITS "HIPPOLOGY" PROGRAM (STUDY OF HORSES AND HORSEMANSHIP) EXPANDED SIGNIFICANTLY IN 24.25. INCORPORATING THE PROGRAM INTO THE NEW DATA SYSTEMS BROUGHT A TREMENDOUS INCREASE IN PARTICIPATION ADDING ABOUT 1600 NEW PARTICIPANTS. THE IEA ALSO EXPANDED ITS YOUTH LEADERSHIP PROGRAM BY EXPANDING ITS YOUTH BOARD PREPARATION DOWN TO THE TEAM LEVEL THROUGH ITS "TEAM CAPTAINS CAMPAIGN" THAT ENCOURAGED ALL IEA TEAMS TO DESIGNATE A CAPTAIN WHO WOULD BE THE MAIN POINT OF CONTACT FOR PEER TO PEER COMMUNICATIONS.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,849,978

Program Service Revenue $2,141,275

Investment Income $94

Other Revenue $23,934

TOTAL REVENUE $4,015,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,199,304

Fundraising Expenses $77,472

Program Expenses $3,405,108

Other Expenses $2,948,819

TOTAL EXPENSES $4,148,123

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,015,281	$3,766,928	+0.1%
Expenses	$4,148,123	$3,575,594	+0.2%
Net Income	$-132,842	$191,334	-1.7%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

255

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

$10,316

Total Directors