WASHINGTON STATE HUNTERS & JUMPERS… - Form 990 Financial Data

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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

1983

Legal Domicile

Principal Officer

NORA THOMAS

Phone

2063990470

Tax Period

2023-01-01 to 2023-12-31

WASHINGTON STATE HUNTERS & JUMPERS ASSOCIATION, founded in 1983, is a community nonprofit in the Recreation & Sports sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 4% surplus.

Mission

TO PROMOTE THE SPORT OF HORSEMANSHIP, WELFARE OF THE HORSE, AND THE EQUESTRIAN ART; TO HOLD OR ARRANGE COMPETITIONS TO FUND AWARDS, DISTINCTIONS, SCHOLARSHIPS, EDUCATIONAL OPPORTUNITIES AND OTHER BENEFITS OF MEMBERSHIP; TO OFFER SUBSCRIBING MEMBERS PRIVILEGES INCLUDING PARTICIPATION IN AWARDS PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $1,355,760 Revenue: $1,365,465

ARRANGED AND CONDUCTED HORSE SHOW COMPETITIONS WITH NET PROFIT USED FOR AWARDS, SCHOLARSHIP, AND EDUCATION WITHIN THE HUNTER AND JUMPER CLASSIFICATIONS.

Program 2

Expenses: $47,782 Revenue: $41,345

ARRANGED AND CONDUCTED A SEASON-ENDING AWARDS BANQUET AND FUNDRAISER TO GENERATE MONEY FOR SCHOLARSHIP AND EDUCATION, AND TO PROVIDE AWARD AND DISTINCTIONS TO ASSOCIATION MEMBERS.

Program 3

Expenses: $23,183 Revenue: $48,345

RECEIVED MEMBER SUBSCRIPTIONS AND EXTENDED RIGHTS AND PRIVILEGES TO THOSE MEMBERS, INCLUDING THE FOLLOWING: THE RIGHT TO PARTICIPATE IN THE ANNUAL NATIONAL OR STATE AWARD PROGRAM, THE RIGHT TO RECORD A HORSE OR HORSES FOR ANNUAL NATIONAL OR STATE AWARDS PROGRAM, AND THE RIGHT TO APPLY FOR SCHOLARSHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,265

Program Service Revenue $1,455,155

Investment Income $26

Other Revenue $21,768

TOTAL REVENUE $1,489,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,146

Fundraising Expenses $0

Program Expenses $1,426,725

Other Expenses $1,410,825

TOTAL EXPENSES $1,430,971

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,489,214	$883,748	+0.7%
Expenses	$1,430,971	$807,299	+0.8%
Net Income	$58,243	$76,449	-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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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
NORA THOMAS	PRESIDENT	10.00	Officer Director	$0	$0	$0
JAMIE SMITH	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
NICOLE STERN	SECRETARY	2.00	Director	$0	$0	$0
TYE PATRICK	TREASURER	1.00	Officer Director	$0	$0	$0
TORY BOVA	HUNTER REP	1.00	Director	$0	$0	$0
DANIELLE SCHIEBE	JUMPER REP	1.00	Director	$0	$0	$0
SAMANTHA SMITH	EQ REP	1.00	Director	$0	$0	$0
PAIGE WAGTER	PONY REP	1.00	Director	$0	$0	$0
KELSEY KING	AM REP	1.00	Director	$0	$0	$0
SOPHIA JAMES	JUNIOR REP	1.00	Director	$0	$0	$0
ANNA KOTLER	JUNIOR REP 2	1.00	Director	$0	$0	$0
JULIE KOTLER	AT LARGE	1.00	Director	$0	$0	$0
SARAH PETERSEN	AT LARGE	1.00	Director	$0	$0	$0
LINA JERNBERG	AT LARGE	1.00	Director	$0	$0	$0
DANIELLE VANCE	AT LARGE	1.00	Director	$0	$0	$0
QUINN PARTRIDGE	AT LARGE	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,489,214	$1,430,971	$459,779	$58,243
2022	$883,748	$807,299	$401,075	$76,449
2021	$1,154,615	$1,035,733	$298,303	$118,882
2020	$577,201	$583,544	$176,826	$-6,343
2019	$791,347	$715,501	$220,008	$75,846
2018	$674,701	$596,840	$157,906	$77,861

WASHINGTON STATE HUNTERS & JUMPERS ASSOCIATION