Pennsylvania Horse Breeders' Associnc
Nonprofit profile at a glance
- EIN
- 231573222
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Pennsylvania, PA, USA
- Phone
- 6104441050
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,493,736
- Expenses
- $1,505,776
- Assets
- $904,812
- Liabilities
- $258,326
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- DEANNA MANFREDI PHD (PRESIDENT)
- PETER GIANGIULIO ESQ (VICE-PRESIDENT)
Highest reported compensation
- BRIAN N SANFRATELLO (EXECUTIVE SECRETARY): $213,901 total reported compensation
- VICKY SCHOWE (ASSISTANT EXECUTIVE SECRETARY): $130,318 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Pennsylvania horse breeders' association was founded in 1948 created to a)represent breeders of thoroughbred horses in Pennsylvania, b) assist members in the improvement of thoroughbred breeding, c) to accumulate, process and maintain necessary statistical information relative to breeding and racing performance of pa bred thoroughbred horses, d) develop, administer, and promote pa breeding fund program, e) provide facilities through which breeders may act together to promote the thoroughbred industry and f) to maintain regular liason with local, state and national groups and organizations involved in thoroughbred racing and breeding.
What it reported doing in 2025
Promotion and development of pa racing commission breeding program
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
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: 64
- Accountability: 95
- Sustainability: 26
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 7th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 82.2%; rating input score 82; 39th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 22.9%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.7% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $214K · 18 people listed · 1 of 6 pay-setting controls reported
- Consistency: 12 of 13 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 — Sustainability: Operating margin scored 28/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Sustainability: Officer compensation ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.