National Versatility Ranch Horse Association
Nonprofit profile at a glance
- EIN
- 261120430
- IRS 990-EZ coverage
- 2019–2023
- Forms available
- Form 990 2012, Form 990-EZ 2023, Form 990-N 2014
- Location
- Colorado Springs, CO, USA
- Phone
- 7195500189
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $101,498
- Expenses
- $94,861
- Assets
- $32,333
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Jay Henson (PRESIDENT)
- CHANNING HAWKS (VICE PRESIDENT/SC/COLLEGIATE)
People named in this filing
- Jay Henson (PRESIDENT)
- CHANNING HAWKS (VICE PRESIDENT/SC/COLLEGIATE)
- ALECIA HEINZ (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To raise awareness of and appreciation for the versatility of the Ranch Horse and to foster the preservation and enhancement of western culture and heritage.
What it reported doing in 2023
Clinic and National Championship Event
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.5%; rating input score 93
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.5%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.8% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: -0.9% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 93.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $95K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2019 to 2023
- 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.