Utah Quarter Horse Association Inc

EIN: 870480697 Employment

Farmington, UT

Total Revenue
$206,086
Total Expenses
$213,533
Total Assets
$148,345
Net Assets
$148,345
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
UT
Principal Officer
Elizabeth Paul
Phone
4355034419
Tax Period
2022-01-01 to 2022-12-31

Utah Quarter Horse Association Inc, founded in 1965, is a small nonprofit in the Employment sector that reported $206K in total revenue in fiscal year 2022.

Mission

The Utah Quarter Horse Association, Inc. (the "Association), is a Utah non-profit corporation dedicated to promoting, preserving and fostering awareness in, and enjoyment of, the American Quarter Horse. In doing so, the Association seeks to provide wide availability for these opportunities and experiences to members of the general public who share these common desires and goals, through allowing membership in the Association. Opportunity for membership is open to the general public, without regard to race, religion, gender or national origin.The Association is affiliated with the American Quarter Horse Association ("AQHA"). Through that affiliation, members of the Association, and their American Quarter Horses participate in many AQHA events, such as the showing of horses, Versatility Ranch, and riding programs. In addition, many members enjoy other activities with their Quarter Horses, such as: roping. cutting, trail riding, ranching, hunting and the like.The Association also sponsors

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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 (2022)

Revenue Breakdown

Contributions & Grants $7,946
Program Service Revenue $198,140
Investment Income $0
Other Revenue $0
TOTAL REVENUE $206,086

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,625
Fundraising Expenses $0
Program Expenses $212,699
Other Expenses $205,908
TOTAL EXPENSES $213,533

Year-over-Year Comparison

2022 2021 Change
Revenue $206,086 $212,078 0.0%
Expenses $213,533 $218,167 0.0%
Net Income $-7,447 $-6,089 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
N/A
Employees
N/A
Volunteers
20

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
$7,625
Total Directors
12
$7,625
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marla Fadel Secretary 4.00
Officer Director
$5,900 $0 $5,900
Shanae Nelson Vice President 2.00
Officer Director
$1,725 $0 $1,725
Marty Simper President 4.00
Officer Director
$0 $0 $0
Elizabeth Paul Treasurer 1.00
Officer Director
$0 $0 $0
Jill Case Director 0.00
Director
$0 $0 $0
Ken Cochrane Director 0.00
Director
$0 $0 $0
Cooper Evans Director 0.00
Director
$0 $0 $0
Mike Jung Director 0.00
Director
$0 $0 $0
Robbin Jung Director 0.00
Director
$0 $0 $0
Nancy Mismash Director 0.00
Director
$0 $0 $0
Jodi Simper Show Div Dir 0.00
Director
$0 $0 $0
Debbie Weisheim Director 0.00
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
2022 $206,086 $213,533 $148,345 $-7,447
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