IDAHO CUTTING HORSE ASSOCIATION INC (EIN 820382722) - 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

1972

Legal Domicile

Principal Officer

MIKE GIANNINI

Phone

2087312819

Tax Period

2024-01-01 to 2024-12-31

IDAHO CUTTING HORSE ASSOCIATION INC, founded in 1972, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 7% surplus.

Mission

TO PROMOTE AND PROVIDE SHOWS AND EVENTS RELATED TO THE CUTTING HORSE INDUSTRY AND TO BENEFIT THE BREEDER, TRAINERS, OWNERS, AND PARTICIPANTS IN THE SPORT OF CUTTING HORSES.

🔒

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 $0

Program Service Revenue $1,740,501

Investment Income $4,945

Other Revenue $0

TOTAL REVENUE $1,745,446

Expense Breakdown

Grants Paid $51,450

Salaries & Benefits $145,323

Fundraising Expenses $0

Program Expenses $1,582,567

Other Expenses $1,423,813

TOTAL EXPENSES $1,620,586

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,745,446	$1,466,605	+0.2%
Expenses	$1,620,586	$1,348,467	+0.2%
Net Income	$124,860	$118,138	+0.1%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JASON DOWNS	Vice President	Officer Director	$0	$0	$0
MIKE GIANNINI	President	Director	$0	$0	$0
PAUL ALEXANDAR	Director	Officer Director	$0	$0	$0
DAX HADLOCK	Director	Director	$0	$0	$0
MCKENZIE HADLOCK	Director	Director	$0	$0	$0
SUE MARINNICA	Treasurer	Director	$0	$0	$0
WILL NUTTALL	Director	Director	$0	$0	$0
PAIGE POSTER	Secretary	Director	$0	$0	$0
JAYLEE STIMPSON	Secretary	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	No data	No data	No data	No data
2024	$1,745,446	$1,620,586	$322,904	$124,860
2023	$1,466,605	$1,348,467	$198,565	$118,138
2022	$1,367,770	$1,448,547	$80,482	$-80,777
2021	$1,157,609	$1,181,986	$161,331	$-24,377
2020	$1,001,202	$964,124	$185,581	$37,078
2019	$594,557	$615,035	$159,603	$-20,478
2018	$1,137,589	$1,142,106	$168,981	$-4,517

IDAHO CUTTING HORSE ASSOCIATION INC