Masters of Foxhounds Association

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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

1907

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Masters of Foxhounds Association, founded in 1907, is a small nonprofit in the Recreation & Sports sector that reported $838K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

The Masters of Foxhounds Association (MFHA) is the governing body of organized, mounted hunting of acceptable quarry within North America and Canada. It promotes and protects the sport, recognizes organized hunts which meet its published standards based on good sporting.

Program Service Accomplishments

Program 1

Expenses: $586,611 Revenue: $592,788

Substantially all expenses support the maintenance of a national office of an organized sport and the activities of volunteer officers and directors. The office handles corresponence, accounting, and publications. Part of the activity is devoted to the establishment of standards for conduct of the sport. The MFHA enforces their rules and standards with on site inspections conducted by the executive director and directors of the Association. They also investigate and assist hunts with problems. An unmeasured bu substantial amount of time is devoted to the registrations of purebred foxhounds and the publication of annual stud book. Other activities include planning and arranging meetings, panel discussions, various protective activities to protect the sport, and the publication of directories of the sporting practices, registers hunt territory, maintains and publishes a breed registry for the working foxhound, encourages land conservation, and manages the Hunt Staff

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,465

Program Service Revenue $592,788

Investment Income $236,411

Other Revenue $0

TOTAL REVENUE $837,664

Expense Breakdown

Grants Paid $30,400

Salaries & Benefits $357,204

Fundraising Expenses $0

Program Expenses $586,611

Other Expenses $431,497

TOTAL EXPENSES $819,101

Year-over-Year Comparison

	2023	2022	Change
Revenue	$837,664	$894,217	-0.1%
Expenses	$819,101	$1,219,928	-0.3%
Net Income	$18,563	$-325,711	-1.1%

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

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

$119,235

Total Directors

$89,206

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Barclay	Executive Director	28.00	Officer	$119,235	$0	$119,235
Billie-Jo Pearl	Operations Officer	24.00	Director	$89,206	$0	$89,206
Cameron Sadler	Director	1.00	Director	$0	$0	$0
Joy Compton	Director	0.00	Director	$0	$0	$0
Betsy Harris	Director	1.00	Director	$0	$0	$0
Adren Nance	Director	1.00	Director	$0	$0	$0
Susan Gentry	Director	1.00	Director	$0	$0	$0
Robert Taylor	Director	0.00	Director	$0	$0	$0
Jack van Nagell	Director	0.00	Director	$0	$0	$0
Larry Sellers	Director	0.00	Director	$0	$0	$0
Melody Fleckenstein	Director	0.00	Director	$0	$0	$0
Lilla Mason	Director	0.00	Director	$0	$0	$0
Sally Cox	Director	1.00	Director	$0	$0	$0
John Van Nagell	Director	1.00	Director	$0	$0	$0
Andy Bite	Director	1.00	Director	$0	$0	$0
G Marvin Beeman	Director	1.00	Director	$0	$0	$0
Patrick Leahy	At Large	1.00	Director	$0	$0	$0
Leslie Crosby	At Large	1.00	Director	$0	$0	$0
Jane Jeffries	Director	1.00	Director	$0	$0	$0
Anne McIntosh	Director	1.00	Director	$0	$0	$0
David Feureisen	Director	1.00	Director	$0	$0	$0
Priscilla Denegre	President	1.00	Officer Director	$0	$0	$0
Sean Cully	1st Vice President	1.00	Officer Director	$0	$0	$0
Suzanne Levy	Secretary	1.00	Officer Director	$0	$0	$0
Jeff LeHew	Treasurer	0.00	Officer Director	$0	$0	$0
Mason Lampton	2nd Vice President	1.00	Officer 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	No data	No data	No data	No data
2023	$837,664	$819,101	$1,129,068	$18,563
2022	$894,217	$1,219,928	$1,351,669	$-325,711
2021	$696,709	$766,376	$2,068,253	$-69,667
2020	$589,260	$615,579	$2,031,926	$-26,319
2019	$783,724	$781,945	$1,878,757	$1,779
2018	$875,982	$729,381	$1,655,730	$146,601