AMERICAN HANOVERIAN SOCIETY INC

EIN: 942801465

LEXINGTON, KY

Total Revenue
$463,461
Total Expenses
$433,820
Total Assets
$582,993
Net Assets
$394,023
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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
KY
Principal Officer
JANICE THOMPSON
Phone
8592554141
Tax Period
2023-01-01 to 2023-12-31

AMERICAN HANOVERIAN SOCIETY INC, founded in 1978, is a small nonprofit that reported $463K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $434K left a modest 6% surplus.

Mission

PROMOTION AND PRESERVATION OF THE HANOVERIAN HORSE ON THE NORTH AMERICAN CONTINENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $197,100
Program Service Revenue $236,450
Investment Income $4,456
Other Revenue $25,455
TOTAL REVENUE $463,461

Expense Breakdown

Grants Paid $26,091
Salaries & Benefits $145,241
Fundraising Expenses $0
Program Expenses $183,143
Other Expenses $262,488
TOTAL EXPENSES $433,820

Year-over-Year Comparison

2023 2022 Change
Revenue $463,461 $528,405 -0.1%
Expenses $433,820 $415,426 +0.0%
Net Income $29,641 $112,979 -0.7%
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
11
Independent Members
11
Employees
3
Volunteers
44

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
6
$54,179
Total Directors
11
$4,275
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDGAR SCHUTTE PAST PRESIDENT 1.00
Director
$0 $0 $0
RICK TOERING EXECUTIVE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MEG WILLIAMS VICE PRESIDENT 1.00
Officer Director
$2,850 $0 $2,850
JANICE MARQUARDT TREASURER 1.00
Officer Director
$0 $0 $0
NATALIE DIBERARDINIS PRESIDENT 1.00
Officer Director
$0 $0 $0
DON KAPPER DIRECTOR 1.00
Director
$0 $0 $0
ASHLIE RACETTE DIRECTOR 1.00
Director
$0 $0 $0
CATHY TUCKER-SLATERBECK DIRECTOR AT LARGE 1.00
Director
$1,425 $0 $1,425
JESSICA STALLINGS DIRECTOR 1.00
Director
$0 $0 $0
NANCY CONNOLLY SECRETARY 1.00
Officer Director
$0 $0 $0
BARBARA SCHMIDT DIRECTOR AT LARGE 1.00
Director
$0 $0 $0
JANICE THOMPSON DIRECTOR 40.00
Officer
$47,941 $3,388 $51,329
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 No data No data No data No data
2023 $463,461 $433,820 $582,993 $29,641
2022 $528,405 $415,426 $553,614 $112,979
2021 $428,996 $364,329 $383,558 $64,667
2020 $400,464 $381,010 $285,024 $19,454
2019 $398,889 $422,873 $230,612 $-23,984
2018 $442,866 $418,471 $270,785 $24,395
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