QUARTER HORSE ASSOC OF NEBRASKA (EIN 470565204) - 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

1952

Legal Domicile

Principal Officer

JON TONNIGES

Phone

4027473381

Tax Period

2024-01-01 to 2024-12-31

QUARTER HORSE ASSOC OF NEBRASKA, founded in 1952, is a small nonprofit that reported $645K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO PROMOTE THE SHOWING OF AMERICAN QUARTER HORSES BY PROVIDING SHOWS AND FUTURITIES TO PROMOTE THE AMERICAN QUARTER HORSE BREED AND EDUCATE THE YOUTH ON ANIMAL HUSBANDRY OF THE HORSE. PROVIDE EDUCATIONAL SCHOLARSHIPS TO THE YOUTH AND OFFER TRAIL RIDE EXPERIENCES TO OUR MEMBERS AND YOUTH.

🔒

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 $32,025

Program Service Revenue $602,268

Investment Income $10,346

Other Revenue $0

TOTAL REVENUE $644,639

Expense Breakdown

Grants Paid $2,250

Salaries & Benefits $22,572

Fundraising Expenses $0

Program Expenses $618,115

Other Expenses $591,931

TOTAL EXPENSES $642,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$644,639	$687,181	-0.1%
Expenses	$642,689	$618,314	+0.0%
Net Income	$1,950	$68,867	-1.0%

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

$14,520

Total Directors

$22,572

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICAH HANSEN	PRESIDENT	2.00	Officer Director	$1,300	$0	$1,300
BEN HIRSCHFELD	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
BETH SULLIVAN	SECRETARY	N/A	Officer Director	$0	$0	$0
JON TONNIGES	TREASURER	12.00	Officer Director	$13,220	$0	$13,220
JESSA OSTRANDER	DIRECTOR	N/A	Director	$0	$0	$0
CLAYTON SCHENGER	DIRECTOR	N/A	Director	$0	$0	$0
JESSICA WOOLSEY	DIRECTOR	1.00	Director	$3,152	$0	$3,152
JACEY AUGUSTYN	DIRECTOR	N/A	Director	$0	$0	$0
RICK ADKINS	DIRECTOR	N/A	Director	$0	$0	$0
TOM KIRSHENBAUM	DIRECTOR	2.00	Director	$3,400	$0	$3,400
CHRISTI HANSEN	DIRECTOR	3.00	Director	$1,500	$0	$1,500
SCOTT KYSTROM	DIRECTOR	N/A	Director	$0	$0	$0
SHELBY TIMPERLY	DIRECTOR	N/A	Director	$0	$0	$0
LISA HATHAWAY	DIRECTOR	N/A	Director	$0	$0	$0
ARNIE ROBINSON	DIRECTOR	N/A	Director	$0	$0	$0
JULIE LYON	DIRECTOR	N/A	Director	$0	$0	$0
SETH MCCLURE	DIRECTOR	N/A	Director	$0	$0	$0
CHUCK WHITTEN	DIRECTOR	N/A	Director	$0	$0	$0
JULIE KUNDE	DIRECTOR	N/A	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	$644,639	$642,689	$311,719	$1,950
2023	$687,181	$618,314	$312,229	$68,867
2022	$571,473	$601,228	$240,522	$-29,755
2021	$486,538	$486,344	$246,701	$194
2020	$302,513	$281,408	$248,059	$21,105
2019	$636,606	$622,374	$236,240	$14,232
2018	$583,210	$583,491	$210,346	$-281

QUARTER HORSE ASSOC OF NEBRASKA