Confederation for Working Equitation
Nonprofit profile at a glance
- EIN
- 814976186
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Milano, TX, USA
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Equestrian
Reported finances
- Revenue
- $7,060
- Expenses
- $12,003
- Assets
- $32,385
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Kat Waters (Executive Board Member)
- Chris Stanko (Executive Board Member)
- Jeanne Bond (Executive Board Member)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Develop & Promote the Equestrian Sport
What it reported doing in 2020
Provided charitable, benevolent & educational activities to develop & promote the equestrian sport of working equitation. Included educational training & national/regional events.
Operating model
- Revenue model
- Membership-supported. 71% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.7%; rating input score 52
- Program expense ratio: 30.4%; rating input score 30
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -70%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 2.7; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -55.3% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 28.2% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 51.7% of revenue deployed · 30.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- Moderate — Financial Efficiency: Program expense ratio scored 30/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.