Arabian Racing Cup Inc

Nonprofit profile at a glance

EIN
621207410
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Smyrna, DE, USA
Phone
3026536681
Rating confidence
Limited

Reported finances

Revenue
$-1,683
Expenses
$24,192
Assets
$158,707
Liabilities
$50

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • JON HENNINGSGARD (CHIEF STEWARD)
  • MICHELLE MORGAN (DIRECTOR)
  • DENISE GAULT (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve as an international breeder's incentive program dedicated to the promotion of arabian racing by expanding public awareness, creating prestigious races to highlight the industry's best racehorses, and enhancing the value of those horses by making award payments to nominators racing sires and runners.

What it reported doing in 2025

Promotion of the arabian breed through prestigious races and awards for nominators of racing sires and runners.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -1,537.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 6.56; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -15.2% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.