AMERICAN QUARTER HORSE FOUNDATION (EIN 510187823) - 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

1975

Legal Domicile

Principal Officer

Karl Stressman

Phone

8063765181

Tax Period

2023-10-01 to 2024-09-30

AMERICAN QUARTER HORSE FOUNDATION, founded in 1975, is a mid-sized nonprofit in the Animal-Related sector that reported $11.9M in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.6M, a strong 80% operating margin.

Mission

The Foundation connects horses and people through charitable giving to support programs that preserve our horses legacy and further the well-being of the American Quarter Horse family

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $6,966,303

Program Service Revenue $411,664

Investment Income $4,520,927

Other Revenue $33,211

TOTAL REVENUE $11,932,105

Expense Breakdown

Grants Paid $508,792

Salaries & Benefits $825,795

Fundraising Expenses $203,163

Program Expenses $1,807,194

Other Expenses $1,007,761

TOTAL EXPENSES $2,342,348

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,932,105	$6,808,098	+0.8%
Expenses	$2,342,348	$2,296,874	+0.0%
Net Income	$9,589,757	$4,511,224	+1.1%

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

Volunteers

228

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

$708,763

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karl Stressman	Executive Vice President	5.0	Officer	$0	$36,410	$494,097
Christine Sitz	COO & Secretary	55.0	Officer	$182,142	$32,524	$214,666
Kenneth Banks	President (To 3/2024)	2.0	Officer Director	$0	$0	$0
James HuntPresFrom	3/2024)1st VP(To 3/2024)	2.0	Officer Director	$0	$0	$0
Jeff Tebow1st VPFrom 32024	2nd VP (To 3/2024)	2.0	Officer Director	$0	$0	$0
Jim Brinkman2nd VPFrom	3/2024)Board Member(To 3/2024)	2.0	Officer Director	$0	$0	$0
Lori Bucholz	Board Member	2.0	Director	$0	$0	$0
Robin Merrill	Appointed Trustee (To 4/2024)	2.0	Director	$0	$0	$0
Catherine Nicholas	Appointed Trustee	2.0	Director	$0	$0	$0
Larry Bell	Appointed Trustee	2.0	Director	$0	$0	$0
Kathy Headley	Appointed Trustee	2.0	Director	$0	$0	$0
Ross Roark	Trustee (From 3/2024)	2.0	Director	$0	$0	$0
Daniel Henson	Appointed Trustee(From 4/2024)	2.0	Director	$0	$0	$0
Andrew Barbe	CFO & Treasurer	5.0	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	$11,932,105	$2,342,348	$71,872,707	$9,589,757
2023	$6,808,098	$2,296,874	$56,783,133	$4,511,224
2022	$2,524,277	$2,494,106	$47,790,954	$30,171
2021	$10,207,554	$3,209,605	$55,629,992	$6,997,949
2020	$2,917,052	$2,781,642	$50,441,925	$135,410
2019	$4,761,941	$3,251,898	$49,071,282	$1,510,043
2018	$3,933,266	$3,097,251	$49,186,454	$836,015

AMERICAN QUARTER HORSE FOUNDATION