North Texas Cutting Horse Association

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

5 people listed

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

To nbsp; produce nbsp; cutting nbsp; horse nbsp; shows nbsp; in nbsp; north nbsp; Texas

Donations to foundations

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

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

Operating margin: Limited
Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Program expense growth: 67.7% per year; rating input score 100; 95th percentile among comparable filings
Revenue growth: -51.4% per year; rating input score 0; 9th percentile among comparable filings
Asset growth: -23.1% per year; rating input score 0; 7th percentile among comparable filings

Where the money goes: 92.7% of spending went to programs
Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
Programs: 1 filed program accomplishment · $6K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 11 of 11 current checks pass
Schedules: 3 filed schedules
Filing history: 6 filing years from 2016 to 2021
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.

Signals prioritize questions for review. They are not findings of misconduct.

High — Sustainability: Total-asset coverage ratio scored 3/100.
High — Growth: Revenue growth scored 0/100.
Review — Accountability: Governance controls: Independent financial-statement audit not reported.
High — Growth: Asset growth scored 0/100.