REGION 5 ARABIAN HORSE ASSOCIATION

EIN: 872761577 501(c)(3) Public & Societal Benefit

GRAHAM, WA

Total Revenue
$274,999
Total Expenses
$267,198
Total Assets
$212,644
Net Assets
$212,644
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WA
Principal Officer
PATRICIA HOUGH
Phone
2532796722
Tax Period
2024-01-01 to 2024-12-31

REGION 5 ARABIAN HORSE ASSOCIATION, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $275K in total revenue in fiscal year 2024.

Mission

TO PROMOTE THE ARABIAN HORSE, ITS WELFARE, AND THE INTERESTS OF ARABIAN HORSE OWNERS, BREEDERS, AND ENTHUSIASTS WITHIN REGION 5 THROUGH COMMUNITY OUTREACH, HORSE SHOWS, AND YOUTH ACTIVITIES DESIGNED TO ENSURE LIFELONG INTEREST IN THE ARABIAN HORSE. WE GIVE BACK BY SUPPORTING OUR PARTNER CLUBS, THE ARABIAN HORSE ASSOCIATION, AND RELATED CHARITIES WHICH BENEFIT MEMBERS IN NEED.

Program Service Accomplishments

Program 1
Expenses: $22,274 Revenue: $25,035

CASCADE YOUTH ARABIAN HORSE SHOW: THIS SHOW IMPROVED DRAMATICALLY FROM A CHANGE IN VENUE AND MANAGEMENT WHICH REDUCED EXPENSES SIGNIFICANTLY AND ALLOWED THE SHOW TO BE A GOOD EARNER FOR THE REGION.

Program 2
Expenses: $108,275 Revenue: $133,492

MAIN RING REGIONAL CHAMPIONSHIPS HORSE SHOW: CONTINUED TO BE A GOOD SUPPORT SHOW FOR THE REGION.

Program 3
Expenses: $59,384 Revenue: $67,719

SPORT HORSE REGIONAL CHAMPIONSHIP HORSE SHOW: THIS SHOW IMPROVED DRAMATICALLY FROM A CHANGE IN VENUE AND MANAGEMENT WHICH REDUCED EXPENSES SIGNIFICANTLY AND ALLOWED THE SHOW TO BE A GOOD EARNER FOR...

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SPORT HORSE REGIONAL CHAMPIONSHIP HORSE SHOW: THIS SHOW IMPROVED DRAMATICALLY FROM A CHANGE IN VENUE AND MANAGEMENT WHICH REDUCED EXPENSES SIGNIFICANTLY AND ALLOWED THE SHOW TO BE A GOOD EARNER FOR THE REGION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $27,143
Program Service Revenue $245,948
Investment Income $1,908
Other Revenue $0
TOTAL REVENUE $274,999

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $233,961
Other Expenses $262,198
TOTAL EXPENSES $267,198

Year-over-Year Comparison

2024 2023 Change
Revenue $274,999 $285,382 0.0%
Expenses $267,198 $263,896 +0.0%
Net Income $7,801 $21,486 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
40

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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENISE CUMMINGS VICE-DIRECTOR 5
Director
$0 $0 $0
JULIE KARNATH SECRETARY 5
Director
$0 $0 $0
PATRICIA HOUGH TREASURER 15
Director
$0 $0 $0
CARRIE OLSON IMMEDIATE PAST DIRECTOR 10
Director
$0 $0 $0
IAN SAGE DIRECTOR-AT-LARGE 5
Director
$0 $0 $0
JULIE POOR DIRECTOR-AT-LARGE 5
Director
$0 $0 $0
MICHELLE PEASE-PAULSON DIRECTOR 20
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 $274,999 $267,198 $212,644 $7,801
2023 $285,382 $263,896 $202,276 $21,486
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