INDIANA EVENTING ASSOCIATION

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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

1987

Legal Domicile

Principal Officer

SARAH THOMAS

Phone

8124593380

Tax Period

2024-01-01 to 2024-12-31

INDIANA EVENTING ASSOCIATION, founded in 1987, is a small nonprofit in the Recreation & Sports sector that reported $291K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $276K left a modest 5% surplus.

Mission

PROMOTE THE EQUESTRIAN SPORT OF EVENTING THROUGH EDUCATIONAL CLINICS AND SPONSORING EVENTS. TO EDUCATE MEMBERS AND THE PUBLIC ABOUT THE SPORT OF EVENTING AND TO SUPPORT OTHER CHARITABLE ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $144,301 Revenue: $167,382

INDIANA EVENTING ASSOCIATION HORSE TRIALS: AN ANNUAL RATED HORSE TRIAL RUN EACH YEAR FOR THE BENEFIT OF MEMBERS AND THE SPORT WITH LEVELS FROM STARTER THROUGH PRELIMINARY.

Program 2

Expenses: $76,614 Revenue: $83,480

HOOSIER HORSE TRIALS: AN ANNUAL RATED HORSE TRIAL RUN EACH YEAR FOR THE BENEFIT OF MEMBERS AND THE SPORT WITH LEVELS FROM BEGINNER NOVICE THROUGH PRELIMINARY.

Program 3

Expenses: $7,145 Revenue: $18,898

LEG UP HORSE TRIALS: AN ANNUAL SCHOOLING SHOW OFFERED EACH YEAR FOR THE BENEFIT OF MEMBERS WITH LEVELS FROM STARTER THROUGH TRAINING.

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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 $6,704

Program Service Revenue $280,545

Investment Income $0

Other Revenue $4,146

TOTAL REVENUE $291,395

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $268,549

Other Expenses $271,699

TOTAL EXPENSES $275,699

Year-over-Year Comparison

	2024	2023	Change
Revenue	$291,395	$235,349	+0.2%
Expenses	$275,699	$235,342	+0.2%
Net Income	$15,696	$7	+2241.3%

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

150

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
LENORA EVANS	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL SKIRVIN	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
SARAH THOMAS	TREASURER	5.00	Officer Director	$0	$0	$0
MEGAN HADDOCK	SECRETARY	2.00	Officer Director	$0	$0	$0
KIM NEUMEYER	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY MCPHERSON	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT OWENS	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA SHIEVER	DIRECTOR	1.00	Director	$0	$0	$0
ANNE VARNS	DIRECTOR	1.00	Director	$0	$0	$0
MARIAH JOHNSON	PRESIDENT	5.00	Officer Director	$0	$0	$0
ERIN SHEETS	DIRECTOR	1.00	Director	$0	$0	$0
KENDALL SCHUE	DIRECTOR	1.00	Director	$0	$0	$0
AMY LATKA	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL DIERLAM	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	$291,395	$275,699	$231,470	$15,696
2023	$235,349	$235,342	$215,774	$7
2022	$195,091	$211,629	$217,261	$-16,538
2021	$245,394	$216,525	$233,775	$28,869