MINNESOTA CUTTING HORSE ASSOCIATION (EIN 411632759) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Phone

6125087240

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA CUTTING HORSE ASSOCIATION, founded in 1961, is a small nonprofit that reported $207K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring.

Mission

DEVELOP INTEREST IN CUTTING HORSE SHOWS AND EXHIBITIONS.COOPERATE WITH SHOW SPONSORS AND OFFICIALS IN SECURING QUALIFIED JUDGES.ENCOURAGE THE DEVELOPMENT BREEDING OF CUTTING HORSES

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $32,145

Program Service Revenue $174,635

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $182,719

Other Expenses $201,925

TOTAL EXPENSES $201,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,780	$418,385	-0.5%
Expenses	$201,925	$386,852	-0.5%
Net Income	$4,855	$31,533	-0.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRAVIS GROVER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SCHRECK	DIRECTOR	1.00	Director	$0	$0	$0
DEB SONNENBERG	DIRECTOR	1.00	Director	$0	$0	$0
MARY JO LEHMANN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF HOLTE	DIRECTOR	1.00	Director	$0	$0	$0
BROOKE DRASSAL-CREIGHTON	DIRECTOR	1.00	Director	$0	$0	$0
DAVA SCRIBNER	SECRETARYTREASURER	5.00	Officer	$0	$0	$0
JEFF PAULY	CHAIRPERSON	5.00	Officer	$0	$0	$0
LEIGH GALL	VICE CHAIRPERSON	5.00	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
2024	$206,780	$201,925	$70,356	$4,855
2023	$418,385	$386,852	$65,501	$31,533

MINNESOTA CUTTING HORSE ASSOCIATION