LEXINGTON, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE MORGAN HORSE FOUNDATION INC, founded in 2024, is a small nonprofit in the Animal-Related sector that reported $124K in total revenue in fiscal year 2024. The organization ran a surplus of $80K, a strong 64% operating margin.
THE PURPOSE OF THE FOUNDATION IS TO PROVIDE GRANTS AND RELATED EXPENSES FOR ON-GOING EDUCATIONAL EFFORTS FOCUSING ON BUILDING AWARENESS OF THE HISTORY AND BENEFITS DERIVED FROM RAISING AND OWNING MORGAN HORSES AND TO PROMOTE AN APPRECIATION OF THE BREED.
THE FOUNDATION OPERATES THE NATIONAL MUSEUM OF THE MORGAN HORSE (THE MUSEUM), WHICH IS ON DISPLAY AT PINELAND FARMS EQUESTRIAN CENTER LOCATED AT 15 FARM VIEW DRIVE, NEW GLOUCESTER, MAINE. THE MUSEUM...
THE FOUNDATION OPERATES THE NATIONAL MUSEUM OF THE MORGAN HORSE (THE MUSEUM), WHICH IS ON DISPLAY AT PINELAND FARMS EQUESTRIAN CENTER LOCATED AT 15 FARM VIEW DRIVE, NEW GLOUCESTER, MAINE. THE MUSEUM WILL MAINTAIN AND PRESERVE THE HISTORY OF THE MORGAN HORSE BREED WHILE EDUCATING AND SHARING THE HISTORY OF THE MORGAN HORSE THROUGH ITS COLLECTION. THE MUSEUM HOSTS EXHIBITS, ART, AND A LIBRARY OF THE AMERICAN MORGAN HORSE ASSOCIATION REGISTRY VOLUMES AND THE BREED'S OFFICIAL PUBLICATION,
THE FOUNDATION ALSO PROVIDES EDUCATIONAL SCHOLARSHIPS TO THOSE WHO ARE UNDER THE AGE OF 40 WHO SEEK TO FURTHER THEIR EQUINE EDUCATION, SKILLS, OR PROFICIENCY AND/OR PROVIDE EQUINE-RELATED EXPERIENCE...
THE FOUNDATION ALSO PROVIDES EDUCATIONAL SCHOLARSHIPS TO THOSE WHO ARE UNDER THE AGE OF 40 WHO SEEK TO FURTHER THEIR EQUINE EDUCATION, SKILLS, OR PROFICIENCY AND/OR PROVIDE EQUINE-RELATED EXPERIENCE AND EDUCATION.THE FOUNDATION WILL ALSO PROVIDE FINANCIAL SUPPORT IN THE FORM OF GRANTS TO ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAXATION UNDER CODE SECTION 501(A), WITH A PARTICULAR FOCUS ON PROVIDING SUPPORT, ENCOURAGEMENT, AND ASSISTANCE TO PROMOTE THE UNDERSTANDING AND BENEFITS DERIVED FROM RAISING AND OWNING MORGAN HORSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $124,153 | N/A | N/A |
| Expenses | $44,163 | N/A | N/A |
| Net Income | $79,990 | N/A | N/A |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TERRI STURM | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROL FLETCHER | FINANCE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN HANDY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DALLAS BOLEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CA LEE III | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MERIN MAGGI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MEREDITHE BODNAR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LYN ESTELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANCE LENTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CARRIE MORTENSEN | EXECUTIVE DIRECTOR | 5.00 |
Officer
|
$0 | $9,151 | $139,670 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $124,153 | $44,163 | $1,078,706 | $79,990 |
Compare THE MORGAN HORSE FOUNDATION INC with other nonprofits in Kentucky and across the country.