WALKING HORSE TRAINERS' ASSOCIATION (EIN 620816488) - 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

1968

Legal Domicile

Principal Officer

BILL YOUNG

Phone

9316845866

Tax Period

2024-01-01 to 2024-12-31

WALKING HORSE TRAINERS' ASSOCIATION, founded in 1968, is a small nonprofit that reported $401K in total revenue in fiscal year 2024. The organization ran a surplus of $83K, a strong 21% operating margin.

Mission

PROMOTE, SUPPORT, AND IMPROVE THE TENNESSEE WALKING 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,388

Program Service Revenue $361,566

Investment Income $0

Other Revenue $1,534

TOTAL REVENUE $401,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,357

Fundraising Expenses $0

Program Expenses $253,554

Other Expenses $279,517

TOTAL EXPENSES $318,874

Year-over-Year Comparison

	2024	2023	Change
Revenue	$401,488	$379,323	+0.1%
Expenses	$318,874	$383,365	-0.2%
Net Income	$82,614	$-4,042	-21.4%

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

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

$20,738

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL YOUNG	PRESIDENT	8.00	Officer Director	$0	$0	$0
WAYNE DEAN	DIRECTOR	10.00	Director	$170	$0	$170
RODNEY DICK	DIRECTOR	0.10	Director	$0	$0	$0
EDGAR ABERNATHY	DIRECTOR	N/A	Director	$0	$0	$0
LINK WEBB	DIRECTOR	N/A	Director	$160	$0	$160
LAURIE TOONE	DIRECTOR	N/A	Director	$3,457	$0	$3,457
HERBERT T DERICKSON	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT BEATY	DIRECTOR	N/A	Director	$495	$0	$495
LARRY GEORGE	DIRECTOR	N/A	Director	$0	$0	$0
JAMIE HANKINS	EX-OFFICIO	N/A	Director	$0	$0	$0
SPENCER BENEDICT	DIRECTOR	10.00	Director	$995	$0	$995
RODNEY SLAGLE	DIRECTOR	0.50	Director	$0	$0	$0
BLAISE BROCCARD HERDER	DIRECTOR	N/A	Director	$395	$0	$395
DAN WADDELL	DIRECTOR	0.20	Director	$15,066	$0	$15,066
CLAY SANDERSON	DIRECTOR	N/A	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	$401,488	$318,874	$295,941	$82,614
2023	$379,323	$383,365	$212,921	$-4,042
2022	$421,279	$454,767	$218,652	$-33,488
2021	$503,175	$474,964	$257,468	$28,211
2020	$390,834	$401,859	$227,974	$-11,025
2019	$520,431	$483,201	$234,800	$37,230
2018	$590,588	$555,157	$204,411	$35,431

WALKING HORSE TRAINERS' ASSOCIATION