West Coast Reining Horse Association Inc (EIN 680007119) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Thad Carr

Phone

2096103860

Tax Period

2024-02-01 to 2025-01-31

West Coast Reining Horse Association Inc, founded in 1982, is a micro nonprofit in the Recreation & Sports sector that reported $76K in total revenue in fiscal year 2024. Expenses of $139K exceeded revenue, resulting in a 83% operating deficit.

Mission

Clinics and horsemen events to expand awareness of equistrian activities to the general public

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $222,109

Program Service Revenue $0

Investment Income $1,171

Other Revenue $-147,426

TOTAL REVENUE $75,854

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $-815,347

Program Expenses $815,347

Other Expenses $139,082

TOTAL EXPENSES $139,082

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,854	$-34,925	-3.2%
Expenses	$139,082	$10,660	+12.0%
Net Income	$-63,228	$-45,585	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thad Carr	President	N/A	Officer	$0	$0	$0
Mike Boyle	1st Vice-President	N/A	Officer	$0	$0	$0
Gabe Davide	2nd Vice-President	N/A	Officer	$0	$0	$0
Megan Meyerdick	Secretary	N/A	Officer	$0	$0	$0
Barbi Boyle	Treasurer	N/A	Officer	$0	$0	$0
Kain Emmons	Sergeant at Arms	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
2025	$75,854	$139,082	$295,939	$-63,228
2024	$-34,925	$10,660	$63,228	$-45,585
2023	$-10,666	$7,946	$64,634	$-18,612
2022	$63,615	$20,769	$140,192	$42,846
2021	$-14,092	$16,935	$46,880	$-31,027

West Coast Reining Horse Association Inc