Clydesdale Education Foundation
Nonprofit profile at a glance
- EIN
- 364234010
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Tipp City, OH, USA
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Equestrian
Reported finances
- Revenue
- $176,916
- Expenses
- $179,848
- Assets
- $99,162
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- KATIE FEVOLD BAUER (VICE-PRESIDENT)
- KAYLE GROTT (PRESIDENT)
People named in this filing
- DON LANGILLE (DIRECTOR)
- KATHERINE VANDERHEY (DIRECTOR)
- REXX MANN (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation is organized for the purposes of providing cultural historical & educational information about the clydesdale horse to those interested in the future well-being of the clydesdale horse in america encouraging the continuous growth & perpetuation of the clydesdale horse & providing gifts & grants to those working for these purposes.
What it reported doing in 2024
2024 royal foal sectacular venue activities & awards for clydesdale breeders to showcase their most recent foals & yearlings event was held at the royal winter fair in toronto ontario canada in early november 2024 over 130 horses involved & more than 500 people
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Sustainability: 33
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.2%; rating input score 96
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -1.7%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.55; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 28.6% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 10.2% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 96.2% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 8 filed program accomplishments
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 29/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.