Kit Carson Riding Club Inc
Nonprofit profile at a glance
- EIN
- 846036995
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Colorado Springs, CO, USA
- Phone
- 3038153212
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $74,626
- Expenses
- $53,037
- Assets
- $98,219
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- LAURA HOFF (PRESIDENT)
- DANIEL YOPP (VICE PRESIDENT)
People named in this filing
- NEIL SWANSON (MEMBER AT LARGE)
- MAUREEN MEISNER (MEMBER AT LARGE)
- TOM HUMISTON (MEMBER AT LARGE)
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
Kit carson riding club cultivates a strong sense of community and provides a welcoming environment for riders of all abilities. Kcrc advocates for affordability and offers a wide range of activities to promote a life with horses and preserve our long-standing western heritage.
What it reported doing in 2024
Kit carson riding club includes educational opportunities through the trail versatility challenge and gymkhanas events and programs. These average 35 to 50 riders per event. There are 9 gymkhana events per year and 5 trail versatility events per year. This program allows members to have opportunities to learn trail riding skills on our trail riding events - generally 8 or more each year with 10 to 20 riders per event.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Member-benefit provider. The nonprofit used 63% of its reported program spending for member benefits.
The verdict
MIXED - 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: 12
- Transparency & Controls: 82
- Sustainability: 71
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.3%; rating input score 8
- Program expense ratio: 18.3%; rating input score 18
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.9%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.85; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 36.4% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 34th percentile among comparable filings
Details
- Where the money goes: 8.3% of revenue deployed · 18.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $10K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 8 filing years from 2009 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 — Financial Efficiency: Mission deployment rate scored 8/100.
- High — Financial Efficiency: Program expense ratio scored 18/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.