IOWA HORSE COUNCIL (EIN 421522792) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

DAVID BEARY

Phone

5153260607

Tax Period

2024-01-01 to 2024-12-31

IOWA HORSE COUNCIL, founded in 1978, is a small nonprofit in the Recreation & Sports sector that reported $259K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $299K exceeded revenue, resulting in a 15% operating deficit.

Mission

EDUCATION OF THE GENERAL PUBLIC REGARDING HORSES.

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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 $2

Program Service Revenue $257,775

Investment Income $0

Other Revenue $1,530

TOTAL REVENUE $259,307

Expense Breakdown

Grants Paid $4,588

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $291,559

Other Expenses $294,397

TOTAL EXPENSES $298,985

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,307	$288,043	-0.1%
Expenses	$298,985	$276,465	+0.1%
Net Income	$-39,678	$11,578	-4.4%

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

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
DAVID BEARY	PRESIDENT	2.00	Officer Director	$0	$0	$0
KIM HOULDING	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BRENDA IRLBECK	TREASURER	2.00	Officer Director	$0	$0	$0
JO TRATCHEL	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA HOWE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS AUSTIN	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA CASH	DIRECTOR	1.00	Director	$0	$0	$0
BURTON BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
LINDA SPAIN	DIRECTOR	1.00	Director	$0	$0	$0
SUSIE SPRY	DIRECTOR	1.00	Director	$0	$0	$0
PHIL DUEY	DIRECTOR	1.00	Director	$0	$0	$0
ROXANNE HOYLE	DIRECTOR	1.00	Director	$0	$0	$0
LORI STEPHENSON	DIRECTOR	1.00	Director	$0	$0	$0
ALEJANDRA PINA	DIRECTOR	1.00	Director	$0	$0	$0
ANDY WOOD	DIRECTOR	1.00	Director	$0	$0	$0
DULY ZWEIFEL	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	$259,307	$298,985	$93,889	$-39,678
2023	$288,043	$276,465	$133,567	$11,578

IOWA HORSE COUNCIL