Region V Arabian Horse Assc

EIN: 911177260

Snohomish, WA

Total Revenue
$153,248
Total Expenses
$167,756
Total Assets
$159,397
Net Assets
$158,846
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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
1978
Legal Domicile
WA
Principal Officer
Carrie Olson
Tax Period
2020-01-01 to 2020-12-31

Region V Arabian Horse Assc, founded in 1978, is a small nonprofit that reported $153K in total revenue in fiscal year 2020. Revenue fell 48% from the prior year — a significant decline worth monitoring.

Mission

Annual regional show for Arabian horses and provide communications for organization members

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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 (2020)

Revenue Breakdown

Contributions & Grants $295
Program Service Revenue $152,275
Investment Income $678
Other Revenue $0
TOTAL REVENUE $153,248

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $166,721
Other Expenses $167,756
TOTAL EXPENSES $167,756

Year-over-Year Comparison

2020 2019 Change
Revenue $153,248 $294,690 -0.5%
Expenses $167,756 $368,559 -0.5%
Net Income $-14,508 $-73,869 -0.8%
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

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Governance

Voting Members
4
Independent Members
4
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Galarza Vice Director 005.00
Director
$0 $0 $0
Carrie Olson Director 020.00
Director
$0 $0 $0
Bonny Braden Treasurer 005.00
Director
$0 $0 $0
Julie Karnath Secretary 005.00
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
2020 $153,248 $167,756 $159,397 $-14,508
2019 $294,690 $368,559 $174,084 $-73,869
2018 $283,420 $315,673 $249,839 $-32,253
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