TEXAS HORSE ORGANIZATION FOR RACIN… - Form 990 Financial Data

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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

2008

Legal Domicile

Principal Officer

JACQUELYN RICH DVM

Phone

8172446188

Tax Period

2018-01-01 to 2018-12-31

Mission

EDUCATE THE PUBLIC AND OTHER PARTIES ON THE IMPORTANCE OF THE HORSE INDUSTRY TO THE IDENTITY/TRADITIONS OF THE STATE OF TEXAS AND THE STATE'S AGRICULTURAL ECONOMY AS A WHOLE. FOSTER DIALOG AND MAKE RECOMMENDATIONS REGARDING THE BEST COURSE OF ACTION FOR THE FUTURE OF THE TEXAS HORSE INDUSTRY, GATHERING SUPPORT FOR THE IMPLEMENTATION OF SUCH ACTION.

Program Service Accomplishments

Program 1

N/A

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,168

TOTAL EXPENSES $1,168

Year-over-Year Comparison

	2018	2017	Change
Revenue	N/A	N/A	N/A
Expenses	$1,168	$1,141	+0.0%
Net Income	N/A	$-1,141	N/A

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACQUELYN RICH DVM	PRESIDENT	0.50	Officer Director	$0	$0	$0
TOMMY HAYS DVM	VICE-PRESIDENT	0.50	Officer Director	$0	$0	$0
BARBARA BENEDUM PARTIAL YEAR	TREASURER	0.50	Officer Director	$0	$0	$0
JAMES BURRIS PARTIAL YEAR	TREASURER	0.50	Officer Director	$0	$0	$0
CHUCK SMITH PARTIAL YEAR	DIRECTOR	0.50	Director	$0	$0	$0
LEWIS WRAY PARTIAL YEAR	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT LEWIS DVM	DIRECTOR	0.50	Director	$0	$0	$0
TOM PERSECHINO	DIRECTOR	0.50	Director	$0	$0	$0
ROB WERSTLER	DIRECTOR	0.50	Director	$0	$0	$0
BILLY SMITH	DIRECTOR	0.50	Director	$0	$0	$0
PANCHO VILLAREAL	DIRECTOR	0.50	Director	$0	$0	$0
ED WILSON	DIRECTOR	0.50	Director	$0	$0	$0
JAN HAYNES	DIRECTOR	0.50	Director	$0	$0	$0

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
2018	No data	$1,168	$14,277	No data

TEXAS HORSE ORGANIZATION FOR RACING SHOWING & EVENTING