Oregon High School Equestrian Teams Inc
Nonprofit profile at a glance
- EIN
- 931238799
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Redmond, OR, USA
- Phone
- 5414196350
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $1,038,627
- Expenses
- $979,218
- Assets
- $646,003
- Liabilities
- $5,250
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
People named in this filing
- TERESA HOFFMAN (STATE CHAIR)
- SCOTT CHAUNCEY (VICE CHAIR)
- DENISE JOHN (TREASURER & INSURANCE)
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
To give high school equestrian athletes an opportunity to achieve recognition in a fair, positive, and educational format.
What it reported doing in 2024
The program was first formed in 1993 in southern Oregon. Now, as a statewide program, it runs through the high schools as a winter/spring sport with three main competitions, two of which the athlete must compete in to qualify for the state championship competition. Those qualified in their districts are eligible to compete in a state championship meet against all district winners. Athlete or activity letters may be awarded to participants meeting the lettering requirements. High school equestrian athletes pay fees to compete and stall fees for their horses, all of which cover the costs associated with the competitions. Equestrian athletes and their teams work together to develop team relationships which assist in the competitions. Associated vendors are allowed booth space to provide education, supplies, and services during competitions.
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93%; rating input score 93
- Program expense ratio: 98.6%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 92.6%; rating input score 93; 40th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.7%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 93% of revenue deployed · 98.6% of spending went to programs
- Governance: 25 of 25 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $966K in reported program spending
- Leadership: top reported pay $0 · 25 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2013 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 — Accountability: Governance controls: 3 of 6 not reported.
- Review — Sustainability: Operating margin scored 52/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.