SOUTHERN OHIO QUARTER HORSE ASSOCIATION INC

EIN: 310984758 Animal-Related

NEW ALBANY, OH

Total Revenue
$1,425,420
Total Expenses
$1,303,810
Total Assets
$611,262
Net Assets
$600,699
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
OH
Phone
6142058056
Tax Period
2023-01-01 to 2023-12-31

SOUTHERN OHIO QUARTER HORSE ASSOCIATION INC, founded in 1963, is a community nonprofit in the Animal-Related sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 9% surplus.

Mission

TO PROMOTE IN ALL WAYS THE INTERESTS OF SOUTHERN OHIO QUARTER HORSE OWNERS. TO SUPPORT THE YOUTH IN THIS INDUSTRY. TO INCREASE THE NUMBER OF SOUTHERN OHIO BREEDERS AND OWNERS OF QUARTER HORSES REGISTERED BY THE AQHA. TO HELP ADVANCE OHIO TO THE POSITION OF BEING THE LEADING QUARTER HORSE STATE.

Program Service Accomplishments

Program 1
Expenses: $1,185,580

THE OBJECTIVE OF THE SOUTHERN QUARTER HORSE ASSOCIATION IS TO PROMOTE IN ALL WAYS THE INTERESTS OF SOUTHERN OHIO QUARTER HORSE OWNERS. TO INCREASE THE NUMBER OF SOUTHERN OHIO BREEDERS AND OWNERS OF...

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THE OBJECTIVE OF THE SOUTHERN QUARTER HORSE ASSOCIATION IS TO PROMOTE IN ALL WAYS THE INTERESTS OF SOUTHERN OHIO QUARTER HORSE OWNERS. TO INCREASE THE NUMBER OF SOUTHERN OHIO BREEDERS AND OWNERS OF QUARTER HORSES REGISTERED BY THE AMERICAN QUARTER HORSE ASSOCIATION AND TO HELP ADVANCE OHIO TO THE POSITION OF THE LEADING QUARTER HORSE STATE. ALL THE PROCEEDINGS OF THE ASSOCIATION SHALL BE IN HARMONY WITH THE POLICIES AND ACTIVITIES OF THE AMERICAN QUARTER HORSE ASSOCIATION. THE PROMOTION OF SOUTHERN OHIO QUARTER HORSE OWNERS AND THEIR HORSES INCLUDES HORSE SHOWS SPONSORED BY THE ASSOCIATION, YEAR END RECOGNITION AND AWARDS, YOUTH SCHOLARSHIPS AND OUR YOUTH CONGRESS TEAM. IN 2023, OUR ORGANIZATION SPONSORED 4 HORSE SHOWS WITH OVER 2,000 SHOWN. WE AWARDED MORE THAN $280,000 IN AWARDSS AND PRIZE MONEY, OVER $21,500 IN SCHOLARSHIPS AND SPENT $11,400 TO SPONSOR OUR YOUTH CONGRESS TEAM, WHICH REPRESENTS SOUTHERN OHIO QUARTER HORSE ASSOCIATION AT THE ALL AMERICAN QUARTER HORSE CONGRESS IN COLUMBUS, OH.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,508
Program Service Revenue $1,405,563
Investment Income $16,349
Other Revenue $0
TOTAL REVENUE $1,425,420

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,185,580
Other Expenses $1,303,810
TOTAL EXPENSES $1,303,810

Year-over-Year Comparison

2023 2022 Change
Revenue $1,425,420 $1,126,640 +0.3%
Expenses $1,303,810 $1,085,125 +0.2%
Net Income $121,610 $41,515 +1.9%
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

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Governance

Voting Members
11
Independent Members
N/A
Employees
N/A
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDD PAUL President 3.00
Officer Director
$0 $0 $0
MATT CLAYPOOL Vice President 1.00
Officer Director
$0 $0 $0
KRISTA CHANNELL Secretary 1.00
Officer Director
$0 $0 $0
DIANNE CRAFT Treasurer 1.00
Officer Director
$0 $0 $0
CHRIS CRAFT Director 1.00
Director
$0 $0 $0
CAMI CLAYPOOL Director 1.00
Director
$0 $0 $0
CARRIE BACHEY Director 1.00
Director
$0 $0 $0
RON KENDLE Director 1.00
Director
$0 $0 $0
DAVE QUERRY Director 1.00
Director
$0 $0 $0
GREG TORDOFF Director 1.00
Director
$0 $0 $0
DARLA LEE Director 1.00
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
2024 No data No data No data No data
2023 $1,425,420 $1,303,810 $611,262 $121,610
2022 $1,126,640 $1,085,125 $479,089 $41,515
2021 $1,206,836 $1,119,016 $437,574 $87,820
2020 $853,383 $836,774 $349,754 $16,609
2019 $941,332 $938,096 $333,145 $3,236
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