Holland Western Horse Park
Nonprofit profile at a glance
- EIN
- 382509008
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Holland, MI, USA
- Phone
- 6164604153
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Recreational Centers
Reported finances
- Revenue
- $92,160
- Expenses
- $76,608
- Assets
- $175,884
- Liabilities
- $21,961
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- KRIS LAMB (PRESIDENT)
People named in this filing
- KRIS LAMB (PRESIDENT)
- STEVE LUYK (VICE PRESIDE)
- BIANCA BIHN (TREASURER)
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
Holland western horse park exists first and foremost to provide an inclusive, supportive, fun and safe environment for the horse community and the public at large. It is our mission to serve the community with a focus on youth and families while providing horse-related educational opportunities to people of diverse experience levels, abilities, and backgrounds, and to inspire new partnerships amoung equestrians to challenge each outher and grow together. Horse shows continue to be learning opportunties in themselves, but they are also the proof of the quality of the education the ridger has recieved and the hard work they have put into their sport in between competitions. An education in proper horsemanship and horse showing develops the skills of strategy, analysis, focus, leadership, communication, responsibility, compassion, self-esteem, and physical fitness.
What it reported doing in 2024
Pleasure show competitions: we offer competitions in both western and english riding styles in our two traditional arenas to all ages and horse breeds. Participants earn points for daily and year end awards for these competitions. The competitions create a safe environment for the community to practice the skills they've learned, provide opportunities for community engagement, and provide the funding for us to continue offering affordable learning opportunties.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 100
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 95.6%; rating input score 96
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: 16.9%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 2.3; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 49.1% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 13.6% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 43.9% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 95.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $73K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- 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 — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.