National Walking Horse Association (EIN 562114680) - 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

1998

Legal Domicile

Principal Officer

JoEllen Finerfrock

Phone

8592526942

Tax Period

2024-01-01 to 2024-12-31

National Walking Horse Association, founded in 1998, is a small nonprofit in the Animal-Related sector that reported $216K in total revenue in fiscal year 2024.

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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 $22,358

Program Service Revenue $194,109

Investment Income $0

Other Revenue $0

TOTAL REVENUE $216,467

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,850

Fundraising Expenses $0

Program Expenses $204,946

Other Expenses $209,668

TOTAL EXPENSES $213,518

Year-over-Year Comparison

	2024	2023	Change
Revenue	$216,467	$221,909	0.0%
Expenses	$213,518	$195,521	+0.1%
Net Income	$2,949	$26,388	-0.9%

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

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

$3,850

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Zachary Parsons	Director	1.00	Director	$2,100	$0	$2,100
Alexander Ostrum	Director	1.00	Director	$1,750	$0	$1,750
Shannon Gibbs	President	10.00	Officer Director	$0	$0	$0
Jim Potter	Past President	5.00	Officer Director	$0	$0	$0
Morgan Head	Vice President	5.00	Officer Director	$0	$0	$0
Lori Lowe	Secretary	5.00	Officer Director	$0	$0	$0
JoEllen Finerfrock	Treasurer	5.00	Officer Director	$0	$0	$0
Leah Terrell	Director	1.00	Director	$0	$0	$0
Mag Ranft	Director	1.00	Director	$0	$0	$0
David Mesimer	Director	1.00	Director	$0	$0	$0
Carol Lamberson	Director	1.00	Director	$0	$0	$0
Kyle Elliott	Director	1.00	Director	$0	$0	$0
Dana Kanstul	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	$216,467	$213,518	$88,705	$2,949
2023	$221,909	$195,521	$85,756	$26,388
2022	$160,037	$193,267	$59,368	$-33,230
2021	$186,977	$152,207	$92,598	$34,770
2020	$157,948	$151,730	$57,828	$6,218

National Walking Horse Association