High Hope Steeplechase Association Inc
Nonprofit profile at a glance
- EIN
- 611288747
- IRS 990-EZ coverage
- 2010–2012
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990-EZ 2012
- Location
- Lexington, KY, USA
- Phone
- 8599679444
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $166,281
- Expenses
- $166,865
- Assets
- $31,194
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
12 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support central Kentucky riding for hope, the Kentucky horse park foundation, and equine related charitable organizations in central Kentucky
What it reported doing in 2012
Organization sponsors a steeplechase each year in order to support equine related charitable organizations in central Kentucky.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 57
- Transparency & Controls: 100
- Sustainability: 22
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.2%; rating input score 57
- Program expense ratio: 57%; rating input score 57
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -0.4%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 33.8% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 72.1% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: -20% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: 57.2% of revenue deployed · 57% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $95K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.