ROCKY MOUNTAIN HORSE ASSOCIATION INC

EIN: 611133018

LEXINGTON, KY

Total Revenue
$345,956
Total Expenses
$359,003
Total Assets
$345,170
Net Assets
$224,327
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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
1986
Legal Domicile
KY
Principal Officer
JANET PETERS
Phone
8596445244
Tax Period
2023-01-01 to 2023-12-31

ROCKY MOUNTAIN HORSE ASSOCIATION INC, founded in 1986, is a small nonprofit that reported $346K in total revenue in fiscal year 2023.

Mission

THE ROCKY MOUNTAIN HORSE ASSOCIATION IS DEDICATED TO THE PRESERVATION, PROMOTION, BREEDING, AND DEVELOPMENT OF THE ROCKY MOUNTAIN HORSE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $55,932
Program Service Revenue $270,852
Investment Income $8,255
Other Revenue $10,917
TOTAL REVENUE $345,956

Expense Breakdown

Grants Paid $0
Salaries & Benefits $109,587
Fundraising Expenses $5,479
Program Expenses $301,217
Other Expenses $249,416
TOTAL EXPENSES $359,003

Year-over-Year Comparison

2023 2022 Change
Revenue $345,956 $339,999 +0.0%
Expenses $359,003 $345,274 +0.0%
Net Income $-13,047 $-5,275 +1.5%
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

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Governance

Voting Members
17
Independent Members
17
Employees
6
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHASTITY ADKINS HEARING PANE N/A
Director
$0 $0 $0
JUDY BRUMMER DIRECTOR OF N/A
Director
$0 $0 $0
CYNDEE DAVIS MEMBER N/A
Director
$0 $0 $0
JENNIFER FLANNERY HALL MEMBER N/A
Director
$0 $0 $0
STEVE HEUSLEIN HEARING PANE N/A
Director
$0 $0 $0
KATHY HOUSE MEMBER N/A
Director
$0 $0 $0
MARIANNE JOLLEY DIRECTOR OF N/A
Director
$0 $0 $0
CHRISSY KNIGHT MEMBER N/A
Director
$0 $0 $0
TRAVIS ROBINSON MEMBER N/A
Director
$0 $0 $0
JOHN STIVERS HEARING PANE N/A
Director
$0 $0 $0
TARA STONE DIRECTOR OF N/A
Director
$0 $0 $0
DERICK TIPTON MEMBER N/A
Director
$0 $0 $0
DARIN WOODS MEMBER N/A
Director
$0 $0 $0
JAN DUNN SECRETARY N/A
Officer
$0 $0 $0
JANET PETERS PRESIDENT N/A
Officer
$0 $0 $0
TIM SPENCER VICE PRESIDE N/A
Officer
$0 $0 $0
LAURA TUTTLE TREASURER N/A
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 No data No data No data No data
2023 $345,956 $359,003 $345,170 $-13,047
2022 $339,999 $345,274 $348,616 $-5,275
2021 $357,003 $322,095 $341,552 $34,908
2020 $318,038 $260,703 $313,526 $57,335
2019 $307,826 $304,848 $254,903 $2,978
2018 $326,001 $317,071 $256,187 $8,930
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