Carolinas Cutting Horse Association (EIN 884190473) - 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

2022

Legal Domicile

Principal Officer

William Nicholas Johnson

Phone

9196251677

Tax Period

2024-01-01 to 2024-12-31

Carolinas Cutting Horse Association, founded in 2022, is a small nonprofit that reported $467K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

The Carolina Cutting Horse Association CCHA is an affiliate of the NCHA and is dedicated to maintaining the standards of cutting and attracting new participants to the sport in the States of North and South Carolina as well as the surrounding areas.

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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 $28,350

Program Service Revenue $438,695

Investment Income $0

Other Revenue $0

TOTAL REVENUE $467,045

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $343,827

Other Expenses $269,463

TOTAL EXPENSES $455,344

Year-over-Year Comparison

	2024	2023	Change
Revenue	$467,045	$406,282	+0.1%
Expenses	$455,344	$383,323	+0.2%
Net Income	$11,701	$22,959	-0.5%

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

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
Anthony Smith	Director	1.00	Director	$0	$0	$0
William Nicholas Johnson	President	3.00	Officer	$0	$0	$0
Lauren Carroll	Vice President	1.00	Officer	$0	$0	$0
Daniel Fordham	Director	1.00	Director	$0	$0	$0
Dawn Brehm	Secretary and Treasurer	1.00	Officer	$0	$0	$0
Robert Meyer	Director	1.00	Director	$0	$0	$0
Robert Kearney	Director	1.00	Director	$0	$0	$0
Dennis Branham	Director	1.00	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
2024	$467,045	$455,344	$34,902	$11,701
2023	$406,282	$383,323	$23,201	$22,959

Carolinas Cutting Horse Association