NATIONAL SHOW HORSE REGISTRY INC

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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

1982

Legal Domicile

Principal Officer

MICHAEL BEETHE

Phone

9379624336

Tax Period

2024-04-01 to 2025-03-31

NATIONAL SHOW HORSE REGISTRY INC, founded in 1982, is a small nonprofit that reported $157K in total revenue in fiscal year 2024.

Mission

PROMOTE THE NATIONAL SHOW HORSE BREED

Program Service Accomplishments

Program 1

PROMOTE THE BREEDING AND SHOWING OF THE NATIONAL SHOW HORSE THROUGH THE PROMOTION AND MANAGEMENT OF ANNUAL NATIONAL FINALS COMPETITION; ENCOURAGING YOUTH AND AMATEUR PROGRAMS AND PROVIDING MEANS OF ACCREDITATION AND EDUCATION FOR NATIONAL SHOW HORSE REGISTRY JUDGES. COLLECT AND MAINTAIN REGISTRATIONS OF NATIONAL SHOW HORSES.

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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 $6,000

Program Service Revenue $150,668

Investment Income $0

Other Revenue $0

TOTAL REVENUE $156,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $152,227

TOTAL EXPENSES $152,227

Year-over-Year Comparison

	2024	2023	Change
Revenue	$156,668	$156,843	0.0%
Expenses	$152,227	$156,742	0.0%
Net Income	$4,441	$101	+43.0%

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

125

Independent Members

125

Employees

N/A

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

Total Directors

$29,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY CLINTON	BOARD MEMBER	0.00	Director	$29,000	$0	$29,000
MICHAEL BEETHE	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
RYAN CHAMBERS	BOARD MEMBER	N/A	Director	$0	$0	$0
DUANE ESSER	TREASURER	N/A	Officer Director	$0	$0	$0
BOB GORDON	DIRECTOR	N/A	Director	$0	$0	$0
DAVID MIKOSZ	CHAIRMAN	N/A	Officer Director	$0	$0	$0
KAREN ROOT	BOARD MEMBER	N/A	Director	$0	$0	$0
LOU RUSCITTO	BOARD MEMBER	N/A	Director	$0	$0	$0
PHIL SHEEHE	SECRETARY	N/A	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
2025	$156,668	$152,227	$183,863	$4,441
2024	$156,843	$156,742	$176,462	$101
2023	$155,227	$125,812	$161,906	$29,415
2022	$185,680	$161,354	$134,549	$24,326
2021	$158,019	$133,033	$110,759	$24,986
2020	$127,114	$127,366	$86,398	$-252
2019	$111,679	$100,507	$93,451	$11,172
2018	$109,369	$98,425	$83,611	$10,944