INDIANA QUARTER HORSE ASSOC INC

EIN: 351181712 Food, Agriculture & Nutrition

MONROVIA, IN

Total Revenue
$516,817
Total Expenses
$533,258
Total Assets
$530,122
Net Assets
$530,122
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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
1948
Legal Domicile
IN
Principal Officer
GINNY TAUER
Phone
3177710854
Tax Period
2023-01-01 to 2023-12-31

INDIANA QUARTER HORSE ASSOC INC, founded in 1948, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $517K in total revenue in fiscal year 2023.

Mission

TO PROMOTE INTEREST IN THE AMERICAN QUARTER HORSE AND TO REPRESENT THE MEMBERSHIP. TO ACHIEVE THE MISSION, THE ASSOCIATION SEEKS TO: EDUCATE, ENCOURAGE HUMANE CARE, PROMOTE THE BREED, ADHERE TO THE RULES OF THE AMERICAN QUARTER HORSE ASSOCIATION AND TO PROMOTE YOUTH AND ADULT ACTIVITIES AND EVENTS.

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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 $63,840
Program Service Revenue $436,528
Investment Income $12,358
Other Revenue $4,091
TOTAL REVENUE $516,817

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $533,258
TOTAL EXPENSES $533,258

Year-over-Year Comparison

2023 2022 Change
Revenue $516,817 $493,962 +0.0%
Expenses $533,258 $624,379 -0.1%
Net Income $-16,441 $-130,417 -0.9%
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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Governance

Voting Members
19
Independent Members
19
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
5
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA AERNE DIRECTOR,VP, N/A
Officer Director
$0 $0 $0
BEAU BAIRD NATIONAL DIR N/A
Director
$0 $0 $0
RACHEL DAVID SECRETARY/TR N/A
Officer Director
$0 $0 $0
DAVE FLOHR NATIONAL DIR N/A
Director
$0 $0 $0
AMBER FOWLER DIRECTOR, SE N/A
Director
$0 $0 $0
STEVE HEADLEY NATIONAL DIR N/A
Director
$0 $0 $0
MARK HEINZ AREA VP, SW N/A
Director
$0 $0 $0
CHRIS JONES DIRECTOR SW N/A
Director
$0 $0 $0
HEIDI LESCUN AREA VP,NW N/A
Officer Director
$0 $0 $0
MICHELLE LUCAS AREA VP, SE N/A
Director
$0 $0 $0
DUANE MCDAVITT HONORARY AQH N/A
Director
$0 $0 $0
TOM MILLER DIRECTOR,NE N/A
Director
$0 $0 $0
JESSICA PINISETTI PRESIDENT S N/A
Officer Director
$0 $0 $0
TAMMY SEVER DIRECTOR / Y N/A
Director
$0 $0 $0
SAUL SLISS VP, NW N/A
Director
$0 $0 $0
HUNTER TABOR DIRECTOR, SW N/A
Director
$0 $0 $0
DENA VENO DIRECTOR, NE N/A
Director
$0 $0 $0
GINNY TAUER EXEC TREAS/S N/A
Officer
$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
2023 $516,817 $533,258 $530,122 $-16,441
2022 $493,962 $624,379 $548,065 $-130,417
2021 $515,206 $470,015 $683,735 $45,191
2020 $622,846 $511,017 $643,291 $111,829
2019 $544,722 $514,554 $531,462 $30,168
2018 $523,420 $495,663 $501,294 $27,757
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