THE MORGAN HORSE FOUNDATION INC (EIN 922410104) - 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

2024

Legal Domicile

Principal Officer

CARRIE MORTENSEN

Phone

8594050746

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

PROMOTE EDUCATION OF THE HISTORY AND BENEFITS OF OWNING AND RAISING MORGAN HORSES.

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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 $123,900

Program Service Revenue $0

Investment Income $13

Other Revenue $240

TOTAL REVENUE $124,153

Expense Breakdown

Grants Paid $25,500

Salaries & Benefits $0

Fundraising Expenses $129

Program Expenses $43,680

Other Expenses $18,663

TOTAL EXPENSES $44,163

Year-over-Year Comparison

	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

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

$139,670

Total Directors

Key Employees

Highest Compensated

reported

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

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	$124,153	$44,163	$1,078,706	$79,990

THE MORGAN HORSE FOUNDATION INC