NORTH DAKOTA QUARTER HORSE ASSOCIATION (EIN 450376406) - 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

1969

Legal Domicile

Principal Officer

KATHERINE BEAUDINE

Phone

2188490348

Tax Period

2020-01-01 to 2020-12-31

NORTH DAKOTA QUARTER HORSE ASSOCIATION, founded in 1969, is a small nonprofit in the Recreation & Sports sector that reported $217K in total revenue in fiscal year 2020. Expenses of $189K left a modest 13% surplus.

Mission

TO PROMOTE AND STIMULATE INTEREST IN THE AMERICAN QUARTER HORSE AS REGISTERED BY THE AMERICAN QUARTER HORSE ASSOCIATION, HEREINAFTER REFERRED TO AS AQHA, OF AMARILLO, TEXAS. ALL THE PROCEEDINGS OF THE ASSOCIATION WILL BE IN HARMONY WITH THE POLICIES AND ACTIVITIES OF AQHA.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $20,681

Program Service Revenue $197,142

Investment Income $11

Other Revenue $-786

TOTAL REVENUE $217,048

Expense Breakdown

Grants Paid $35,312

Salaries & Benefits $4,000

Fundraising Expenses $0

Program Expenses $172,670

Other Expenses $149,931

TOTAL EXPENSES $189,243

Year-over-Year Comparison

	2020	2019	Change
Revenue	$217,048	$212,840	+0.0%
Expenses	$189,243	$236,584	-0.2%
Net Income	$27,805	$-23,744	-2.2%

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

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

$3,200

Total Directors

$3,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYANE BAKKE	PRESIDENT	2.00	Officer Director	$0	$0	$0
RYLAN SUNDSBAK	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
KATIE BEAUDINE	TREASURER	2.00	Officer Director	$1,600	$0	$1,600
ROBIN DANIELSON	SECRETARY	2.00	Officer Director	$1,600	$0	$1,600
SUE KARN	DIRECTOR	2.00	Director	$0	$0	$0
DARREN BUCKLE	DIRECTOR	2.00	Director	$0	$0	$0
DOREEN SWENSON	DIRECTOR	2.00	Director	$0	$0	$0
KAREN CHYLE	DIRECTOR	2.00	Director	$0	$0	$0
ASHLEY MONTGOMERY	DIRECTOR	2.00	Director	$0	$0	$0
KRISTIE MOLDENHAUER-HOFF	DIRECTOR	2.00	Director	$0	$0	$0
LESLIE STEVENS	DIRECTOR	2.00	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
2020	$217,048	$189,243	$101,771	$27,805
2019	$212,840	$236,584	$77,276	$-23,744
2017	$154,310	$149,448	$85,332	$4,862

NORTH DAKOTA QUARTER HORSE ASSOCIATION