Maryland Horse Shows Association Inc
Nonprofit profile at a glance
- EIN
- 520791944
- IRS 990-EZ coverage
- 2011–2023
- Forms available
- Form 990-EZ 2023
- Location
- Hampstead, MD, USA
- Phone
- 4102077761
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Equestrian
Reported finances
- Revenue
- $107,370
- Expenses
- $111,771
- Assets
- $71,209
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- LARA MCPHERSON (PRESIDENT)
People named in this filing
- MIRANDA GRABILL (TREASURER)
- LARA MCPHERSON (PRESIDENT)
- FAITH ALICIA (2ND VICE PRE)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To further equestrian knowledge
What it reported doing in 2023
To promote/conduct horse shows, clinics, coordinate show committees, work for the improvement of horses
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 99% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.2%; rating input score 95
- Program expense ratio: 91.4%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4.1%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.64; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 25.9%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 1.3% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 95.2% of revenue deployed · 91.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $102K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2011 to 2023
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Officer compensation ratio scored 14/100.