Midland Polo Inc

Nonprofit profile at a glance

EIN
922877544
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2024
Location
Midland, TX, USA
Phone
9155392053
Rating confidence
Limited
Sector
Equestrian

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JENNIFER HORD (PRESIDENT)

People named in this filing

  • JENNIFER HORD (PRESIDENT)
  • MEGHAN BERRY (MARKETING DIRECTOR)
  • COLLIN SEWELL (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Midland polo inc ('mp') was established as a membership-driven community organization to promote the awareness, education, history for the sport of polo while also being a community resource for equine therapy and for those in the community wishing to learn horsemanship.

What it reported doing in 2024

Learn-ride-play training - midland polo provides through its members and volunteers several different programs to teach all ages how to play polo. Its motto is learn-ride-play and taught through its polo school. For individuals without any background in horsemanship, learn to ride classes and clinics are available. These classes teach individuals the basic knowledge of how to handle, groom, and ride a horse. Those skills are a foundation to allow individuals to further improve their horsemanship with learning to play polo. Learning to play polo elevates not only the experience in horsemanship but it also requires great skill to command a horse while swinging a stick/mallet to hit a ball on the ground with the ultimate prize of scoring a goal. In competition, two teams of four players are competing to score goals and win a game. Mp, through its members and volunteers, provides classes and clinics to help individuals learn to play polo. Midland polo strives to cultivate future polo players and polo ponies to continue the legacy of the sport of polo.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 60
  • Accountability: 88
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 66.7%; rating input score 67; 0th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.